Wp Energy Public Company Limited
WP Energy Public Company Limited, together with its subsidiaries, trades in liquefied petroleum gas (LPG) under the World Gas brand name in Thailand, Vietnam, and Singapore. It operates through Trading of LPG, petroleum by-products and other related businesses; and Transportation of Oil, Gas and Chemical Substances segments. The company distributes LPG cylinder to the household, automobile, indus… Read more
Wp Energy Public Company Limited (WP) - Net Assets
Latest net assets as of December 2025: ฿1.29 Billion THB
Based on the latest financial reports, Wp Energy Public Company Limited (WP) has net assets worth ฿1.29 Billion THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿6.81 Billion) and total liabilities (฿5.52 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.29 Billion |
| % of Total Assets | 18.98% |
| Annual Growth Rate | -4.99% |
| 5-Year Change | -2.66% |
| 10-Year Change | 141.03% |
| Growth Volatility | 30.94 |
Wp Energy Public Company Limited - Net Assets Trend (2013–2025)
This chart illustrates how Wp Energy Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wp Energy Public Company Limited (2013–2025)
The table below shows the annual net assets of Wp Energy Public Company Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.29 Billion | -2.07% |
| 2024-12-31 | ฿1.32 Billion | -0.16% |
| 2023-12-31 | ฿1.32 Billion | -2.94% |
| 2022-12-31 | ฿1.36 Billion | +2.56% |
| 2021-12-31 | ฿1.33 Billion | +2.58% |
| 2020-12-31 | ฿1.29 Billion | -0.09% |
| 2019-12-31 | ฿1.30 Billion | +30.47% |
| 2018-12-31 | ฿992.61 Million | +47.90% |
| 2017-12-31 | ฿671.12 Million | +25.21% |
| 2016-12-31 | ฿536.02 Million | +11.68% |
| 2015-12-31 | ฿479.94 Million | +25.92% |
| 2014-12-31 | ฿381.14 Million | -84.05% |
| 2013-12-31 | ฿2.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wp Energy Public Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 566070757800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿213.12 Million | 16.49% |
| Other Components | ฿1.08 Billion | 83.51% |
| Total Equity | ฿1.29 Billion | 100.00% |
Wp Energy Public Company Limited Competitors by Market Cap
The table below lists competitors of Wp Energy Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xavis Co. Ltd
KQ:254120
|
$17.99 Million |
|
Omnisystem Co.Ltd
KQ:057540
|
$18.00 Million |
|
DocCheck AG
XETRA:AJ91
|
$18.00 Million |
|
BRAVE BISON GR.PLC LS-001
F:RT7
|
$18.00 Million |
|
Sonmez Filament Sentetik Iplik ve Elyaf Sanayi AS
IS:SONME
|
$17.98 Million |
|
KebNi AB (publ)
ST:KEBNI-B
|
$17.98 Million |
|
Asiana IDT Inc
KO:267850
|
$17.98 Million |
|
Ibase Gaming
TWO:6441
|
$17.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wp Energy Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,313,026,961 to 1,292,077,439, a change of -20,949,522 (-1.6%).
- Net income of 154,181,565 contributed positively to equity growth.
- Dividend payments of 153,134,046 reduced retained earnings.
- Other factors decreased equity by 21,997,041.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿154.18 Million | +11.93% |
| Dividends Paid | ฿153.13 Million | -11.85% |
| Other Changes | ฿-22.00 Million | -1.7% |
| Total Change | ฿- | -1.60% |
Book Value vs Market Value Analysis
This analysis compares Wp Energy Public Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.82x to 1.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿4.61 | ฿3.76 | x |
| 2014-12-31 | ฿0.14 | ฿3.76 | x |
| 2015-12-31 | ฿0.17 | ฿3.76 | x |
| 2016-12-31 | ฿1.03 | ฿3.76 | x |
| 2017-12-31 | ฿1.29 | ฿3.76 | x |
| 2018-12-31 | ฿1.91 | ฿3.76 | x |
| 2019-12-31 | ฿2.46 | ฿3.76 | x |
| 2020-12-31 | ฿2.48 | ฿3.76 | x |
| 2021-12-31 | ฿2.54 | ฿3.76 | x |
| 2022-12-31 | ฿2.60 | ฿3.76 | x |
| 2023-12-31 | ฿2.54 | ฿3.76 | x |
| 2024-12-31 | ฿2.57 | ฿3.76 | x |
| 2025-12-31 | ฿2.53 | ฿3.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wp Energy Public Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.89%
- • Asset Turnover: 2.54x
- • Equity Multiplier: 5.27x
- Recent ROE (11.93%) is below the historical average (12.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -5.70% | -0.67% | 2.74x | 3.08x | ฿-375.17 Million |
| 2014 | -2.27% | -0.37% | 0.41x | 15.15x | ฿-46.75 Million |
| 2015 | 20.97% | 0.46% | 4.12x | 11.07x | ฿52.65 Million |
| 2016 | 10.63% | 0.35% | 3.11x | 9.84x | ฿3.40 Million |
| 2017 | 19.66% | 0.85% | 2.76x | 8.36x | ฿64.85 Million |
| 2018 | 32.39% | 2.18% | 2.58x | 5.76x | ฿222.22 Million |
| 2019 | 22.75% | 2.05% | 2.34x | 4.74x | ฿162.78 Million |
| 2020 | 13.39% | 1.43% | 1.89x | 4.94x | ฿43.06 Million |
| 2021 | 7.52% | 0.86% | 1.80x | 4.89x | ฿-32.56 Million |
| 2022 | 8.83% | 0.78% | 2.18x | 5.20x | ฿-15.87 Million |
| 2023 | 9.55% | 0.70% | 2.50x | 5.46x | ฿-5.92 Million |
| 2024 | 10.95% | 0.77% | 2.72x | 5.26x | ฿12.42 Million |
| 2025 | 11.93% | 0.89% | 2.54x | 5.27x | ฿24.97 Million |
Industry Comparison
This section compares Wp Energy Public Company Limited's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $2,615,901,000
- Average return on equity (ROE) among peers: 6.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wp Energy Public Company Limited (WP) | ฿1.29 Billion | -5.70% | 4.27x | $17.99 Million |
| Scan Inter PCL (SCN) | $2.62 Billion | 6.85% | 1.31x | $5.01 Million |