AP (Thailand) Public Company Limited (AP) — Tangible Net Worth Ratio

Latest as of December 2025: 100.0%

AP (Thailand) Public Company Limited (AP) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (฿11.63 Million) from net assets (฿46.08 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See net assets of AP (Thailand) Public Company Limited for net asset value and shareholders' equity analysis.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

฿46.08 Billion
THB

Intangible Assets

฿11.63 Million
Goodwill, patents, brand value

Total Assets

฿85.66 Billion
THB

AP (Thailand) Public Company Limited Tangible Net Worth Ratio (2000–2025)

This chart shows how AP (Thailand) Public Company Limited's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of ฿46.08 Billion with intangible assets of ฿11.63 Million THB. Also explore AP year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for AP (Thailand) Public Company Limited (2000–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for AP (Thailand) Public Company Limited from 2000 to 2025, covering 26 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see AP (Thailand) Public Company Limited stock valuation.

Year Tangible NW Ratio Net Assets (THB) Intangible Assets Total Assets Change (pp)
2025 100.0% ฿46.08 Billion ฿11.63 Million ฿85.66 Billion ▲ +0.1 pp
2024 99.9% ฿43.64 Billion ฿51.96 Million ฿84.89 Billion ▲ +0.1 pp
2023 99.8% ฿40.74 Billion ฿92.16 Million ฿83.94 Billion ▲ +0.2 pp
2022 99.6% ฿36.73 Billion ฿144.98 Million ฿68.23 Billion ▲ +0.1 pp
2021 99.5% ฿32.42 Billion ฿149.30 Million ฿60.41 Billion ▼ 0.0 pp
2020 99.5% ฿29.26 Billion ฿132.18 Million ฿58.72 Billion ▼ 0.0 pp
2019 99.6% ฿26.30 Billion ฿113.51 Million ฿58.79 Billion ▼ -0.4 pp
2018 99.9% ฿24.38 Billion ฿17.34 Million ฿49.28 Billion ▲ +0.1 pp
2017 99.9% ฿21.63 Billion ฿29.34 Million ฿43.94 Billion ▼ -0.1 pp
2016 99.9% ฿19.42 Billion ฿15.78 Million ฿37.79 Billion ▼ 0.0 pp
2015 99.9% ฿17.65 Billion ฿9.68 Million ฿36.15 Billion ▲ +0.1 pp
2014 99.8% ฿15.85 Billion ฿25.17 Million ฿35.56 Billion ▲ +0.2 pp
2013 99.6% ฿14.01 Billion ฿54.88 Million ฿34.41 Billion ▲ +0.6 pp
2012 99.0% ฿12.52 Billion ฿124.62 Million ฿29.31 Billion ▲ +1.0 pp
2011 98.0% ฿10.66 Billion ฿210.17 Million ฿29.37 Billion ▲ +1.7 pp
2010 96.3% ฿9.51 Billion ฿353.36 Million ฿24.11 Billion ▼ -3.5 pp
2009 99.8% ฿8.19 Billion ฿14.48 Million ฿19.01 Billion ▲ +0.0 pp
2008 99.8% ฿6.79 Billion ฿15.10 Million ฿17.38 Billion ▲ +1.5 pp
2007 98.3% ฿5.72 Billion ฿100.06 Million ฿13.15 Billion ▲ +0.5 pp
2006 97.7% ฿5.05 Billion ฿115.01 Million ฿10.42 Billion ▲ +1.0 pp
2005 96.7% ฿3.99 Billion ฿131.16 Million ฿10.28 Billion ▲ +0.1 pp
2004 96.7% ฿4.41 Billion ฿147.32 Million ฿9.25 Billion ▲ +1.6 pp
2003 95.1% ฿3.33 Billion ฿163.48 Million ฿6.62 Billion ▲ +4.1 pp
2002 91.0% ฿1.75 Billion ฿156.95 Million ฿3.59 Billion ▲ +6.2 pp
2001 84.8% ฿927.81 Million ฿140.74 Million ฿2.20 Billion ▲ +10.1 pp
2000 74.7% ฿605.52 Million ฿153.08 Million ฿1.68 Billion
pp = percentage points