Asia Plus Group Holdings PCL (ASP) — Tangible Net Worth Ratio
Asia Plus Group Holdings PCL (ASP) has a Tangible Net Worth Ratio of 98.7% as of December 2025. This metric is calculated by deducting intangible assets (฿61.13 Million) from net assets (฿4.76 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. Also explore Asia Plus Group Holdings PCL annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Asia Plus Group Holdings PCL Tangible Net Worth Ratio (2004–2025)
This chart shows how Asia Plus Group Holdings PCL's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 98.7%, reflecting net assets of ฿4.76 Billion with intangible assets of ฿61.13 Million THB. For live market cap and overall valuation, see Asia Plus Group Holdings PCL market cap and net worth.
Annual Tangible Net Worth Ratio for Asia Plus Group Holdings PCL (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Asia Plus Group Holdings PCL from 2004 to 2025, covering 22 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. Explore ASP capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (THB) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.7% | ฿4.76 Billion | ฿61.13 Million | ฿9.28 Billion | ▼ -0.2 pp |
| 2024 | 98.9% | ฿4.91 Billion | ฿55.32 Million | ฿12.01 Billion | ▼ -0.2 pp |
| 2023 | 99.0% | ฿4.89 Billion | ฿46.86 Million | ฿14.06 Billion | ▼ -0.1 pp |
| 2022 | 99.2% | ฿4.87 Billion | ฿40.10 Million | ฿16.13 Billion | ▼ -0.4 pp |
| 2021 | 99.6% | ฿4.99 Billion | ฿19.84 Million | ฿14.76 Billion | ▲ +0.0 pp |
| 2020 | 99.6% | ฿4.79 Billion | ฿19.97 Million | ฿9.38 Billion | ▲ +0.0 pp |
| 2019 | 99.6% | ฿4.65 Billion | ฿20.88 Million | ฿6.33 Billion | ▲ +0.1 pp |
| 2018 | 99.5% | ฿4.63 Billion | ฿23.73 Million | ฿6.39 Billion | ▲ +0.1 pp |
| 2017 | 99.4% | ฿4.83 Billion | ฿27.41 Million | ฿11.29 Billion | ▼ 0.0 pp |
| 2016 | 99.4% | ฿4.75 Billion | ฿26.51 Million | ฿9.88 Billion | ▼ -0.1 pp |
| 2015 | 99.5% | ฿4.43 Billion | ฿22.31 Million | ฿7.77 Billion | ▼ 0.0 pp |
| 2014 | 99.5% | ฿4.59 Billion | ฿22.44 Million | ฿7.66 Billion | ▼ 0.0 pp |
| 2013 | 99.5% | ฿4.44 Billion | ฿20.17 Million | ฿7.69 Billion | ▲ +0.0 pp |
| 2012 | 99.5% | ฿4.18 Billion | ฿19.49 Million | ฿8.28 Billion | ▲ +0.0 pp |
| 2011 | 99.5% | ฿3.98 Billion | ฿19.23 Million | ฿6.44 Billion | ▼ -0.2 pp |
| 2010 | 99.7% | ฿4.29 Billion | ฿14.15 Million | ฿7.26 Billion | ▲ +0.1 pp |
| 2009 | 99.6% | ฿3.86 Billion | ฿17.35 Million | ฿5.42 Billion | ▲ +0.2 pp |
| 2008 | 99.3% | ฿3.38 Billion | ฿21.99 Million | ฿4.10 Billion | ▼ -0.1 pp |
| 2007 | 99.4% | ฿3.75 Billion | ฿22.43 Million | ฿5.56 Billion | ▼ -0.1 pp |
| 2006 | 99.5% | ฿3.77 Billion | ฿19.92 Million | ฿4.87 Billion | ▼ -0.1 pp |
| 2005 | 99.6% | ฿3.84 Billion | ฿14.81 Million | ฿5.37 Billion | ▼ -0.1 pp |
| 2004 | 99.7% | ฿4.00 Billion | ฿13.24 Million | ฿5.66 Billion | — |