Esso Thailand PCL
Bangchak Sriracha Public Company Limited refines and markets petroleum products in Thailand and internationally. The company provides liquefied petroleum gas, gasoline, jet fuel, kerosene, diesel, fuel oil, asphalt, and lubricants. It sells refined petroleum products through retail service stations under the Bangchak brand; and directly to commercial customers in the industrial, wholesale, aviati… Read more
Esso Thailand PCL (JAV) - Net Assets
Latest net assets as of June 2025: €23.21 Billion EUR
Based on the latest financial reports, Esso Thailand PCL (JAV) has net assets worth €23.21 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€59.89 Billion) and total liabilities (€36.69 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 | €23.21 Billion |
| % of Total Assets | 38.74% |
| Annual Growth Rate | -0.42% |
| 5-Year Change | 75.36% |
| 10-Year Change | N/A |
| Growth Volatility | 26.95 |
Esso Thailand PCL - Net Assets Trend (2018–2024)
This chart illustrates how Esso Thailand PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Esso Thailand PCL (2018–2024)
The table below shows the annual net assets of Esso Thailand PCL from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €25.18 Billion | -9.95% |
| 2023-12-31 | €27.96 Billion | +2.79% |
| 2022-12-31 | €27.20 Billion | +41.63% |
| 2021-12-31 | €19.21 Billion | +33.77% |
| 2020-12-31 | €14.36 Billion | -35.08% |
| 2019-12-31 | €22.12 Billion | -14.38% |
| 2018-12-31 | €25.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Esso Thailand PCL'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 19.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.61 Billion | 10.37% |
| Other Components | €22.57 Billion | 89.63% |
| Total Equity | €25.18 Billion | 100.00% |
Esso Thailand PCL Competitors by Market Cap
The table below lists competitors of Esso Thailand PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd
PINK:RLEVF
|
$461.86 Million |
|
Aegean Airlines S.A
PINK:AGZNF
|
$461.90 Million |
|
CHINA OVERSEAS (SWL.SG)
STU:SWL
|
$461.97 Million |
|
BML Inc
MU:BMZ
|
$462.01 Million |
|
COOR Service Management AB
ST:COOR
|
$461.52 Million |
|
Ocugen Inc
NASDAQ:OCGN
|
$461.52 Million |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
$461.37 Million |
|
NGERN TID LOR-NVDR- BA37
F:70V0
|
$461.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Esso Thailand PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,955,584,000 to 25,180,931,000, a change of -2,774,653,000 (-9.9%).
- Net loss of 1,688,643,000 reduced equity.
- Dividend payments of 1,142,083,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.69 Billion | -6.71% |
| Dividends Paid | €1.14 Billion | -4.54% |
| Other Changes | €56.07 Million | +0.22% |
| Total Change | €- | -9.93% |
Book Value vs Market Value Analysis
This analysis compares Esso Thailand PCL'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: 0.02x
- 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 |
|---|---|---|---|
| 2018-12-31 | €7.46 | €0.13 | x |
| 2019-12-31 | €6.39 | €0.13 | x |
| 2020-12-31 | €4.15 | €0.13 | x |
| 2021-12-31 | €5.55 | €0.13 | x |
| 2022-12-31 | €7.86 | €0.13 | x |
| 2023-12-31 | €8.08 | €0.13 | x |
| 2024-12-31 | €7.28 | €0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Esso Thailand PCL 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): -6.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.71%
- • Asset Turnover: 3.63x
- • Equity Multiplier: 2.61x
- Recent ROE (-6.71%) is below the historical average (-0.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 8.62% | 1.12% | 3.22x | 2.39x | €-357.30 Million |
| 2019 | -13.87% | -1.82% | 2.54x | 3.00x | €-5.28 Billion |
| 2020 | -55.12% | -6.40% | 2.01x | 4.28x | €-9.35 Billion |
| 2021 | 23.14% | 2.66% | 2.39x | 3.65x | €2.52 Billion |
| 2022 | 34.96% | 3.86% | 2.88x | 3.15x | €6.79 Billion |
| 2023 | 2.79% | 0.35% | 3.15x | 2.53x | €-2.02 Billion |
| 2024 | -6.71% | -0.71% | 3.63x | 2.61x | €-4.21 Billion |
Industry Comparison
This section compares Esso Thailand PCL'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: $1,292,559,764,714
- Average return on equity (ROE) among peers: 13.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Esso Thailand PCL (JAV) | €23.21 Billion | 8.62% | 1.58x | $461.82 Million |
| RUBIS (BYN) | $2.76 Billion | 12.80% | 1.30x | $540.31 Million |
| Ampol Limited (CLZ) | $3.11 Billion | 19.92% | 1.04x | $4.14 Billion |
| Delek US Holdings Inc (DEH) | $1.81 Billion | 18.81% | 2.19x | $1.94 Billion |
| Strong Petrochemical Holdings Limited (K20A) | $1.44 Billion | 0.43% | 0.13x | $6.24 Million |
| AKR CORPORINDO (RK6A.SG) (RK6A) | $9.03 Trillion | 13.31% | 0.86x | $191.99 Million |
| Ultrapar Participações S.A (UGR) | $8.56 Billion | 18.25% | 1.82x | $2.86 Billion |
| China Aviation Oil (Singapore) Corporation Ltd (VZ8) | $592.64 Million | 10.34% | 0.43x | $315.20 Million |