Thai Energy Storage Technology Public Company Limited
Thai Energy Storage Technology Public Company Limited, together with its subsidiaries, manufactures and distributes batteries in Thailand and internationally. It provides automotive batteries comprising low maintenance, maintenance-free, and EFB batteries; motorcycle batteries; traction batteries; EB batteries; lighting batteries; and golf cart batteries under the 3K, Tiger, KV, TSB, Tuflong, MAX… Read more
Thai Energy Storage Technology Public Company Limited (3K-BAT) - Total Assets
Latest total assets as of June 2024: ฿3.87 Billion THB
Based on the latest financial reports, Thai Energy Storage Technology Public Company Limited (3K-BAT) holds total assets worth ฿3.87 Billion THB as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Thai Energy Storage Technology Public Company Limited - Total Assets Trend (2018–2023)
This chart illustrates how Thai Energy Storage Technology Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thai Energy Storage Technology Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2023)
Thai Energy Storage Technology Public Company Limited's total assets of ฿3.87 Billion consist of 59.7% current assets and 40.3% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 18.9% |
| Accounts Receivable | ฿549.08 Million | 14.7% |
| Inventory | ฿842.36 Million | 22.5% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿25.39 Million | 0.7% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Thai Energy Storage Technology Public Company Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thai Energy Storage Technology Public Company Limited's current assets represent 59.7% of total assets in 2023, an increase from 49.9% in 2018.
- Cash Position: Cash and equivalents constituted 18.9% of total assets in 2023, up from 6.8% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 22.5% of total assets.
Thai Energy Storage Technology Public Company Limited Competitors by Total Assets
Key competitors of Thai Energy Storage Technology Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Thai Energy Storage Technology Public Company Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Thai Energy Storage Technology Public Company Limited generates 1.32x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Thai Energy Storage Technology Public Company Limited generates $ 3.89 in net profit.
Thai Energy Storage Technology Public Company Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.57 | 2.18 | 1.06 |
| Quick Ratio | 1.64 | 1.39 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿1.47 Billion | ฿ 1.13 Billion | ฿ 97.32 Million |
Thai Energy Storage Technology Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Thai Energy Storage Technology Public Company Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.69 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -2.8% |
| Total Assets | ฿3.74 Billion |
| Market Capitalization | $2.00 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thai Energy Storage Technology Public Company Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Thai Energy Storage Technology Public Company Limited's assets decreased by 2.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Thai Energy Storage Technology Public Company Limited (2018–2023)
The table below shows the annual total assets of Thai Energy Storage Technology Public Company Limited from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ฿3.74 Billion | -2.80% |
| 2022-12-31 | ฿3.84 Billion | -2.84% |
| 2021-12-31 | ฿3.96 Billion | +5.33% |
| 2020-12-31 | ฿3.76 Billion | +7.54% |
| 2019-12-31 | ฿3.49 Billion | -6.61% |
| 2018-12-31 | ฿3.74 Billion | -- |