IRPC Public Company Limited (TPIG) - Net Assets
Based on the latest financial reports, IRPC Public Company Limited (TPIG) has net assets worth €66.52 Billion EUR (≈ $77.77 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€177.61 Billion ≈ $207.64 Billion USD) and total liabilities (€111.08 Billion ≈ $129.87 Billion USD). 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. Read total liabilities of IRPC Public Company Limited for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €66.52 Billion |
| % of Total Assets | 37.46% |
| Annual Growth Rate | -1.79% |
| 5-Year Change | -7.34% |
| 10-Year Change | N/A |
| Growth Volatility | 8.49 |
IRPC Public Company Limited - Net Assets Trend (2016–2024)
This chart illustrates how IRPC Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore TPIG current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for IRPC Public Company Limited (2016–2024)
The table below shows the annual net assets of IRPC Public Company Limited from 2016 to 2024. For live valuation and market cap data, see how much is IRPC Public Company Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €70.11 Billion ≈ $81.96 Billion |
-7.90% |
| 2023-12-31 | €76.12 Billion ≈ $88.99 Billion |
-4.46% |
| 2022-12-31 | €79.68 Billion ≈ $93.15 Billion |
-9.16% |
| 2021-12-31 | €87.71 Billion ≈ $102.54 Billion |
+15.92% |
| 2020-12-31 | €75.67 Billion ≈ $88.46 Billion |
-9.28% |
| 2019-12-31 | €83.40 Billion ≈ $97.51 Billion |
-4.55% |
| 2018-12-31 | €87.38 Billion ≈ $102.16 Billion |
-0.31% |
| 2017-12-31 | €87.65 Billion ≈ $102.47 Billion |
+8.20% |
| 2016-12-31 | €81.00 Billion ≈ $94.70 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to IRPC 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 decreased by 39.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €19.24 Billion | 27.50% |
| Other Components | €50.73 Billion | 72.50% |
| Total Equity | €69.97 Billion | 100.00% |
IRPC Public Company Limited Competitors by Market Cap
The table below lists competitors of IRPC Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Edgio, Inc.
NASDAQ:EGIOQ
|
$585.54 |
|
Hempacco Co., Inc.
NASDAQ:HPCO
|
$592.00 |
|
Ordinary Fully Paid Deferred Settlement
AU:GMNDA
|
$594.20 |
|
Isomet Corp
NASDAQ:IOMT
|
$607.91 |
|
Ordinary Fully Paid Deferred Settlement
AU:RC1DC
|
$564.70 |
|
Minerals Exploration Limited
AU:MEX
|
$555.87 |
|
Yugo Metals Limited
AU:YUG
|
$529.84 |
|
Mammoth Minerals Limited
AU:M79
|
$516.95 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IRPC Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 75,910,512,280 to 69,966,033,647, a change of -5,944,478,633 (-7.8%).
- Net loss of 5,193,032,262 reduced equity.
- Dividend payments of 612,265,380 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.19 Billion | -7.42% |
| Dividends Paid | €612.27 Million | -0.88% |
| Other Changes | €-139.18 Million | -0.2% |
| Total Change | €- | -7.83% |
Book Value vs Market Value Analysis
This analysis compares IRPC 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: 0.01x
- 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 | €4.29 | €0.05 | x |
| 2018-12-31 | €4.28 | €0.05 | x |
| 2019-12-31 | €4.08 | €0.05 | x |
| 2020-12-31 | €3.70 | €0.05 | x |
| 2021-12-31 | €4.29 | €0.05 | x |
| 2022-12-31 | €3.89 | €0.05 | x |
| 2023-12-31 | €3.72 | €0.05 | x |
| 2024-12-31 | €3.43 | €0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IRPC 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): -7.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.65%
- • Asset Turnover: 1.71x
- • Equity Multiplier: 2.64x
- Recent ROE (-7.42%) is below the historical average (2.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.01% | 5.25% | 1.07x | 2.13x | €1.63 Billion |
| 2017 | 12.97% | 5.30% | 1.16x | 2.11x | €2.60 Billion |
| 2018 | 8.86% | 2.76% | 1.54x | 2.09x | €-993.62 Million |
| 2019 | -1.41% | -0.49% | 1.35x | 2.14x | €-9.50 Billion |
| 2020 | -8.15% | -3.53% | 1.01x | 2.30x | €-13.70 Billion |
| 2021 | 16.58% | 5.69% | 1.34x | 2.18x | €5.76 Billion |
| 2022 | -5.49% | -1.34% | 1.64x | 2.49x | €-12.31 Billion |
| 2023 | -3.85% | -0.92% | 1.66x | 2.54x | €-10.51 Billion |
| 2024 | -7.42% | -1.65% | 1.71x | 2.64x | €-12.19 Billion |
Industry Comparison
This section compares IRPC Public Company Limited's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $1,047,683,389,063
- Average return on equity (ROE) among peers: 10.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IRPC Public Company Limited (TPIG) | €66.52 Billion | 12.01% | 1.67x | $570.68 |
| BANGCHAK CORP. -FGN- BA 1 (7BP) | $84.14 Billion | 3.42% | 2.55x | $10.54K |
| PTT OIL+RET.BUS.-FOR-BA10 (7F8) | $109.51 Billion | 10.13% | 1.01x | $3.06K |
| PTT OIL+RET.BUS.-NVDR- 10 (7F80) | $103.76 Billion | 9.99% | 1.17x | $3.60 Billion |
| COSAN S.A. SP.ADR 1/4 (9CI0) | $48.17 Billion | 2.44% | 1.79x | $3.56 Billion |
| RUBIS (BYN) | $2.76 Billion | 12.80% | 1.30x | $3.64 Billion |
| Thai Oil Public Company Limited (LQZ) | $158.66 Billion | 20.59% | 1.80x | $13.39K |
| Reliance Industries Limited (RLI) | $8.89 Trillion | 6.83% | 0.69x | $203.33 Billion |
| Sinopec Shanghai Petrochemical Company Limited (SGJH) | $20.14 Billion | 16.12% | 0.39x | $515.87 Million |
| Ultrapar Participações S.A (UGR) | $12.17 Billion | 14.79% | 1.99x | $3.65 Billion |
About IRPC Public Company Limited
IRPC Public Company Limited, together with its subsidiaries, engages in petroleum and petrochemical business in Thailand, Singapore, and internationally. The company operates through three segments: Petroleum Products, Petrochemical Products, and Other Business. It offers refinery, lubricant, asphalt, olefins, aromatics, plastic resins, and other petrochemical products; generates and distributes … Read more