88(Thailand) Public Company Limited
88(Thailand) Public Company Limited manufactures and distributes cosmetics and dietary supplements. Its brands include the Ver.88, Lyo, and Hone names. The company was founded in 2015 and is based in Bangkok, Thailand.
88(Thailand) Public Company Limited (88TH) - Total Assets
Latest total assets as of December 2025: ฿555.44 Million THB
Based on the latest financial reports, 88(Thailand) Public Company Limited (88TH) holds total assets worth ฿555.44 Million THB as of December 2025.
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.
88(Thailand) Public Company Limited - Total Assets Trend (2024–2025)
This chart illustrates how 88(Thailand) Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
88(Thailand) Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2025)
88(Thailand) Public Company Limited's total assets of ฿555.44 Million consist of 90.0% current assets and 10.0% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 63.7% |
| Accounts Receivable | ฿70.55 Million | 12.7% |
| Inventory | ฿68.14 Million | 12.3% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿3.47 Million | 0.6% |
| Goodwill | ฿6.61 Million | 1.2% |
Asset Composition Trend (2024–2025)
This chart illustrates how 88(Thailand) 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: 88(Thailand) Public Company Limited's current assets represent 90.0% of total assets in 2025, an increase from 0.0% in 2024.
- Cash Position: Cash and equivalents constituted 63.7% of total assets in 2025, up from 0.0% in 2024.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2024.
- Asset Diversification: The largest asset category is accounts receivable at 12.7% of total assets.
88(Thailand) Public Company Limited Competitors by Total Assets
Key competitors of 88(Thailand) Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lonkey Industrial Co Ltd Guangzhou
SHE:000523
|
China | CN¥3.66 Billion |
|
Taiyen Biotech Co Ltd
TW:1737
|
Taiwan | NT$8.26 Billion |
|
Tianjin Yiyi Hygiene Products Co Ltd
SHE:001206
|
China | CN¥2.20 Billion |
|
Hunan Resun Co Ltd
SHE:001218
|
China | CN¥3.08 Billion |
|
Dencare (Chongqing) Oral Care Co. Ltd. A
SHE:001328
|
China | CN¥1.90 Billion |
|
Qingdao Kingking Applied Chemistry Co Ltd
SHE:002094
|
China | CN¥3.19 Billion |
|
C&S Paper Co Ltd
SHE:002511
|
China | CN¥9.17 Billion |
|
Anhui Deli Household Glass Co Ltd
SHE:002571
|
China | CN¥3.08 Billion |
88(Thailand) 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 - 88(Thailand) Public Company Limited generates 1.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, 88(Thailand) Public Company Limited generates $ 18.18 in net profit.
88(Thailand) 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 | 8.21 | - | - |
| Quick Ratio | 7.09 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | ฿438.89 Million | - | - |
88(Thailand) Public Company Limited - Advanced Valuation Insights
This section examines the relationship between 88(Thailand) 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 | 5.15 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 96.4% |
| Total Assets | ฿555.44 Million |
| Market Capitalization | $15.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values 88(Thailand) Public Company Limited's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: 88(Thailand) Public Company Limited's assets grew by 96.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for 88(Thailand) Public Company Limited (2024–2025)
The table below shows the annual total assets of 88(Thailand) Public Company Limited from 2024 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ฿555.44 Million | +96.37% |
| 2024-12-31 | ฿282.86 Million | -- |