Precious Shipping Public Company Limited
Precious Shipping Public Company Limited, a holding company, owns and operates dry bulk ships on a tramp shipping basis in Thailand and internationally. The company involved in the chartering and owning of ships, as well as invests in marine transportation and manages ships. It also owns and operates 40 ships, including 8 Supramax, 8 Ultramax, 20 Handysize, and 4 Cement carriers with a total capa… Read more
Precious Shipping Public Company Limited (PSGFF) - Net Assets
Latest net assets as of June 2025: $15.20 Billion USD
Based on the latest financial reports, Precious Shipping Public Company Limited (PSGFF) has net assets worth $15.20 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 ($24.41 Billion) and total liabilities ($9.21 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 | $15.20 Billion |
| % of Total Assets | 62.29% |
| Annual Growth Rate | 17.31% |
| 5-Year Change | 66.4% |
| 10-Year Change | 2.29% |
| Growth Volatility | 51.9 |
Precious Shipping Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Precious Shipping 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 Precious Shipping Public Company Limited (2000–2024)
The table below shows the annual net assets of Precious Shipping Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.86 Billion | +3.80% |
| 2023-12-31 | $16.25 Billion | -1.32% |
| 2022-12-31 | $16.46 Billion | +14.60% |
| 2021-12-31 | $14.37 Billion | +41.75% |
| 2020-12-31 | $10.13 Billion | -12.33% |
| 2019-12-31 | $11.56 Billion | -8.95% |
| 2018-12-31 | $12.70 Billion | +2.92% |
| 2017-12-31 | $12.34 Billion | -9.51% |
| 2016-12-31 | $13.63 Billion | -17.31% |
| 2015-12-31 | $16.49 Billion | +7.87% |
| 2014-12-31 | $15.28 Billion | -2.22% |
| 2013-12-31 | $15.63 Billion | +7.92% |
| 2012-12-31 | $14.48 Billion | -5.68% |
| 2011-12-31 | $15.36 Billion | -8.32% |
| 2010-12-31 | $16.75 Billion | -2.26% |
| 2009-12-31 | $17.14 Billion | +5.93% |
| 2008-12-31 | $16.18 Billion | +15.02% |
| 2007-12-31 | $14.06 Billion | +16.84% |
| 2006-12-31 | $12.04 Billion | +21.03% |
| 2005-12-31 | $9.95 Billion | +87.92% |
| 2004-12-31 | $5.29 Billion | +170.32% |
| 2003-12-31 | $1.96 Billion | +189.37% |
| 2002-12-31 | $676.59 Million | +42.73% |
| 2001-12-31 | $474.04 Million | +29.80% |
| 2000-12-31 | $365.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Precious Shipping 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 1485048456400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $12.69 Billion | 75.27% |
| Common Stock | $1.56 Billion | 9.25% |
| Other Comprehensive Income | $711.93 Million | 4.22% |
| Other Components | $1.90 Billion | 11.26% |
| Total Equity | $16.86 Billion | 100.00% |
Precious Shipping Public Company Limited Competitors by Market Cap
The table below lists competitors of Precious Shipping Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Knaus Tabbert AG
XETRA:KTA
|
$38.57 Million |
|
SinoMedia Holding Limited
F:SJY
|
$38.58 Million |
|
Immutep Ltd
AU:IMM
|
$38.59 Million |
|
Provision Information Co.Ltd.
TWO:6590
|
$38.59 Million |
|
PAMT CORP
NASDAQ:PAMT
|
$38.56 Million |
|
Puerto Ventana
SN:VENTANAS
|
$38.55 Million |
|
CNFinance Holdings Ltd
NYSE:CNF
|
$38.54 Million |
|
M.A.X. Automation SE
LSE:0RK5
|
$38.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Precious Shipping Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,245,709,015 to 16,863,489,315, a change of 617,780,300 (3.8%).
- Net income of 1,468,280,515 contributed positively to equity growth.
- Dividend payments of 623,635,013 reduced retained earnings.
- Other comprehensive income increased equity by 19,084,887.
- Other factors decreased equity by 245,950,089.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.47 Billion | +8.71% |
| Dividends Paid | $623.64 Million | -3.7% |
| Other Comprehensive Income | $19.08 Million | +0.11% |
| Other Changes | $-245.95 Million | -1.46% |
| Total Change | $- | 3.80% |
Book Value vs Market Value Analysis
This analysis compares Precious Shipping 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.
- The price-to-book ratio has decreased from 0.32x to 0.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.22 | $0.07 | x |
| 2001-12-31 | $0.32 | $0.07 | x |
| 2002-12-31 | $0.46 | $0.07 | x |
| 2003-12-31 | $1.39 | $0.07 | x |
| 2004-12-31 | $3.90 | $0.07 | x |
| 2005-12-31 | $7.44 | $0.07 | x |
| 2006-12-31 | $8.88 | $0.07 | x |
| 2007-12-31 | $10.27 | $0.07 | x |
| 2008-12-31 | $11.79 | $0.07 | x |
| 2009-12-31 | $12.48 | $0.07 | x |
| 2010-12-31 | $12.18 | $0.07 | x |
| 2011-12-31 | $11.15 | $0.07 | x |
| 2012-12-31 | $10.90 | $0.07 | x |
| 2013-12-31 | $11.44 | $0.07 | x |
| 2014-12-31 | $14.70 | $0.07 | x |
| 2015-12-31 | $12.37 | $0.07 | x |
| 2016-12-31 | $8.74 | $0.07 | x |
| 2017-12-31 | $7.91 | $0.07 | x |
| 2018-12-31 | $8.14 | $0.07 | x |
| 2019-12-31 | $7.41 | $0.07 | x |
| 2020-12-31 | $6.50 | $0.07 | x |
| 2021-12-31 | $9.21 | $0.07 | x |
| 2022-12-31 | $10.56 | $0.07 | x |
| 2023-12-31 | $10.42 | $0.07 | x |
| 2024-12-31 | $10.84 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Precious Shipping 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): 8.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.53%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.55x
- Recent ROE (8.71%) is below the historical average (19.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -120.64% | -8.74% | 0.63x | 22.02x | $-397.03 Million |
| 2001 | 154.95% | 16.60% | 0.70x | 13.35x | $629.86 Million |
| 2002 | 79.30% | 14.77% | 0.67x | 8.06x | $439.08 Million |
| 2003 | 80.83% | 38.51% | 0.68x | 3.09x | $1.35 Billion |
| 2004 | 90.03% | 54.42% | 0.65x | 2.54x | $4.22 Billion |
| 2005 | 62.14% | 55.69% | 0.80x | 1.39x | $5.18 Billion |
| 2006 | 30.89% | 40.16% | 0.73x | 1.06x | $2.51 Billion |
| 2007 | 29.58% | 46.01% | 0.60x | 1.07x | $2.75 Billion |
| 2008 | 30.54% | 57.01% | 0.48x | 1.11x | $3.32 Billion |
| 2009 | 17.81% | 47.54% | 0.29x | 1.29x | $1.34 Billion |
| 2010 | 5.41% | 26.76% | 0.15x | 1.32x | $-766.81 Million |
| 2011 | 4.69% | 23.30% | 0.13x | 1.49x | $-813.81 Million |
| 2012 | 0.97% | 4.03% | 0.15x | 1.66x | $-1.31 Billion |
| 2013 | 3.38% | 13.64% | 0.15x | 1.63x | $-1.03 Billion |
| 2014 | -0.52% | -1.75% | 0.16x | 1.83x | $-1.61 Billion |
| 2015 | -14.71% | -56.99% | 0.13x | 1.97x | $-4.07 Billion |
| 2016 | -19.55% | -72.22% | 0.11x | 2.37x | $-4.03 Billion |
| 2017 | -1.05% | -2.99% | 0.15x | 2.34x | $-1.36 Billion |
| 2018 | 3.59% | 9.25% | 0.18x | 2.19x | $-813.34 Million |
| 2019 | -1.98% | -5.50% | 0.17x | 2.17x | $-1.38 Billion |
| 2020 | -12.78% | -34.71% | 0.17x | 2.11x | $-2.31 Billion |
| 2021 | 31.15% | 51.94% | 0.37x | 1.64x | $3.04 Billion |
| 2022 | 29.47% | 53.14% | 0.38x | 1.48x | $3.20 Billion |
| 2023 | 4.37% | 13.91% | 0.21x | 1.50x | $-914.97 Million |
| 2024 | 8.71% | 24.53% | 0.23x | 1.55x | $-218.07 Million |
Industry Comparison
This section compares Precious Shipping Public Company Limited's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $6,996,338,635
- Average return on equity (ROE) among peers: 158.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Precious Shipping Public Company Limited (PSGFF) | $15.20 Billion | -120.64% | 0.61x | $38.56 Million |
| Algoma Central Corporation (AGMJF) | $726.02 Million | 16.52% | 0.88x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $32.09 Billion | -6.04% | 0.90x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $33.38 Billion | 9.46% | 0.70x | $12.49 Billion |
| Ardmore Shpng (ASC) | $634.34 Million | 6.47% | 0.24x | $516.76 Million |
| American Shipping Company ASA (ASCJF) | $114.51 Million | 1340.53% | 0.68x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $72.78 Million | 63.23% | 4.43x | $9.84 |
| Braemar Shipping Services Plc (BSEAF) | $64.82 Million | 15.12% | 0.70x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.94 Billion | 17.27% | 0.71x | $1.17 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $933.40 Million | 4.05% | 0.57x | $172.78 Million |