Indorama Ventures Public Company Limited
Indorama Ventures Public Company Limited, together with its subsidiaries, manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally. It operates through three segments: Combined PET, Indovinya, and Fibers. The Combined PET segment manufactures and distributes polyethylene terephthalate (PET) value chain comprising paraxylene, purified terephth… Read more
Indorama Ventures Public Company Limited (I93) - Net Assets
Latest net assets as of September 2025: €139.91 Billion EUR
Based on the latest financial reports, Indorama Ventures Public Company Limited (I93) has net assets worth €139.91 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€552.21 Billion) and total liabilities (€412.30 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 | €139.91 Billion |
| % of Total Assets | 25.34% |
| Annual Growth Rate | 7.68% |
| 5-Year Change | 2.45% |
| 10-Year Change | 67.48% |
| Growth Volatility | 16.81 |
Indorama Ventures Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Indorama Ventures 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 Indorama Ventures Public Company Limited (2013–2024)
The table below shows the annual net assets of Indorama Ventures Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €138.93 Billion | -21.98% |
| 2023-12-31 | €178.07 Billion | -11.36% |
| 2022-12-31 | €200.89 Billion | +17.47% |
| 2021-12-31 | €171.00 Billion | +26.10% |
| 2020-12-31 | €135.61 Billion | -1.85% |
| 2019-12-31 | €138.17 Billion | -9.01% |
| 2018-12-31 | €151.86 Billion | +27.62% |
| 2017-12-31 | €118.99 Billion | +29.59% |
| 2016-12-31 | €91.81 Billion | +10.68% |
| 2015-12-31 | €82.95 Billion | +11.18% |
| 2014-12-31 | €74.61 Billion | +21.18% |
| 2013-12-31 | €61.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indorama Ventures 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 123.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €59.89 Billion | 47.55% |
| Other Components | €66.06 Billion | 52.45% |
| Total Equity | €125.95 Billion | 100.00% |
Indorama Ventures Public Company Limited Competitors by Market Cap
The table below lists competitors of Indorama Ventures Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
S&T AG
LSE:0L9J
|
$1.08 Billion |
|
BBVA Banco Frances SA
BA:BBAR
|
$1.08 Billion |
|
HOKKAIDO EL. PWR
F:5IE
|
$1.08 Billion |
|
Smithfield Foods, Inc. Common Stock
NASDAQ:SFD
|
$1.08 Billion |
|
Beijing Toread Outdoor Product
SHE:300005
|
$1.08 Billion |
|
Chipbond Technology
TWO:6147
|
$1.08 Billion |
|
Jiangsu Linyang Energy Co Ltd
SHG:601222
|
$1.08 Billion |
|
Charter Hall Retail REIT
AU:CQR
|
$1.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indorama Ventures Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 164,362,294,000 to 125,950,938,000, a change of -38,411,356,000 (-23.4%).
- Net loss of 19,262,126,000 reduced equity.
- Dividend payments of 3,930,265,000 reduced retained earnings.
- Other factors decreased equity by 15,218,965,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-19.26 Billion | -15.29% |
| Dividends Paid | €3.93 Billion | -3.12% |
| Other Changes | €-15.22 Billion | -12.08% |
| Total Change | €- | -23.37% |
Book Value vs Market Value Analysis
This analysis compares Indorama Ventures 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: 0.03x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €22.32 | €0.58 | x |
| 2018-12-31 | €25.80 | €0.58 | x |
| 2019-12-31 | €23.10 | €0.58 | x |
| 2020-12-31 | €22.56 | €0.58 | x |
| 2021-12-31 | €28.28 | €0.58 | x |
| 2022-12-31 | €33.13 | €0.58 | x |
| 2023-12-31 | €29.27 | €0.58 | x |
| 2024-12-31 | €22.43 | €0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indorama Ventures 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): -15.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.56%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 4.30x
- Recent ROE (-15.29%) is below the historical average (7.03%), 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 | 2.19% | 0.58% | 1.22x | 3.12x | €-4.72 Billion |
| 2014 | 2.31% | 0.69% | 1.25x | 2.68x | €-5.58 Billion |
| 2015 | 8.28% | 2.81% | 1.06x | 2.78x | €-1.37 Billion |
| 2016 | 18.19% | 6.36% | 0.99x | 2.90x | €7.29 Billion |
| 2017 | 17.84% | 7.29% | 1.01x | 2.41x | €9.18 Billion |
| 2018 | 18.27% | 7.62% | 0.92x | 2.62x | €11.98 Billion |
| 2019 | 4.05% | 1.49% | 0.93x | 2.93x | €-7.72 Billion |
| 2020 | 1.91% | 0.73% | 0.73x | 3.58x | €-10.25 Billion |
| 2021 | 16.56% | 5.62% | 0.86x | 3.41x | €10.41 Billion |
| 2022 | 16.67% | 4.72% | 1.05x | 3.35x | €12.41 Billion |
| 2023 | -6.57% | -1.99% | 0.92x | 3.59x | €-27.23 Billion |
| 2024 | -15.29% | -3.56% | 1.00x | 4.30x | €-31.86 Billion |
Industry Comparison
This section compares Indorama Ventures Public Company Limited's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $57,300,451,931
- Average return on equity (ROE) among peers: 7.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indorama Ventures Public Company Limited (I93) | €139.91 Billion | 2.19% | 2.95x | $1.08 Billion |
| DOW INC. DL-01 (2OY) | $17.52 Billion | -14.97% | 2.34x | $19.59 Billion |
| PT Surya Esa Perkasa Tbk (71S) | $525.36 Million | 26.43% | 0.58x | $9.61 Million |
| Green Oleo S.p.A. (77M) | $15.82 Million | 35.22% | 2.19x | $15.50 Million |
| BASF SE (BASA) | $36.65 Billion | 0.61% | 1.11x | $10.81 Billion |
| Advance NanoTek Limited (BBJ) | $35.28 Million | 4.71% | 0.11x | $6.28 Million |
| Denka Company Limited (DIK) | $254.01 Billion | 8.94% | 0.97x | $1.24 Billion |
| IBU tec advanced materials AG (IBU) | $51.41 Million | -9.32% | 0.34x | $47.16 Million |
| Linde PLC (LIN) | $1.03 Billion | 10.37% | 2.34x | $187.60 Billion |
| Nippon Kayaku Co. Ltd (NP7) | $205.86 Billion | 7.59% | 0.33x | $1.35 Billion |