AAPICO Hitech Public Company Limited
AAPICO Hitech Public Company Limited engages in the manufacture and distribution of automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal. It operates through three segments: Manufacture of Auto Parts; Sales of Automobiles and Provision of Automobiles Repair Service; and Others. The company offers pressed and stamped body parts, including floor parts, cross members, side sil… Read more
AAPICO Hitech Public Company Limited (AH) - Total Assets
Latest total assets as of September 2025: ฿23.44 Billion THB
Based on the latest financial reports, AAPICO Hitech Public Company Limited (AH) holds total assets worth ฿23.44 Billion THB as of September 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.
AAPICO Hitech Public Company Limited - Total Assets Trend (2003–2024)
This chart illustrates how AAPICO Hitech Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
AAPICO Hitech Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
AAPICO Hitech Public Company Limited's total assets of ฿23.44 Billion consist of 40.0% current assets and 60.0% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 3.4% |
| Accounts Receivable | ฿3.39 Billion | 14.7% |
| Inventory | ฿3.40 Billion | 14.7% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿1.44 Billion | 6.2% |
| Goodwill | ฿1.06 Billion | 4.6% |
Asset Composition Trend (2003–2024)
This chart illustrates how AAPICO Hitech 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: AAPICO Hitech Public Company Limited's current assets represent 40.0% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, down from 6.9% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, a decrease from 16.0% in 2003.
- Asset Diversification: The largest asset category is inventory at 14.7% of total assets.
AAPICO Hitech Public Company Limited Competitors by Total Assets
Key competitors of AAPICO Hitech Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Kuntai New Material Technology Co. Ltd. A
SHE:001260
|
China | CN¥1.07 Billion |
|
Higen RNM
KQ:160190
|
Korea | ₩115.86 Billion |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
China | CN¥18.86 Billion |
|
Tian Jin Motor Dies Co Ltd
SHE:002510
|
China | CN¥6.36 Billion |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
AAPICO Hitech 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 - AAPICO Hitech Public Company Limited generates 1.15x 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, AAPICO Hitech Public Company Limited generates $ 3.24 in net profit.
AAPICO Hitech 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 | 1.12 | 0.92 | 0.78 |
| Quick Ratio | 0.71 | 0.57 | 0.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿1.01 Billion | ฿ -732.89 Million | ฿ -1.88 Billion |
AAPICO Hitech Public Company Limited - Advanced Valuation Insights
This section examines the relationship between AAPICO Hitech 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 | 0.42 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -8.8% |
| Total Assets | ฿23.08 Billion |
| Market Capitalization | $75.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values AAPICO Hitech Public Company Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: AAPICO Hitech Public Company Limited's assets decreased by 8.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for AAPICO Hitech Public Company Limited (2003–2024)
The table below shows the annual total assets of AAPICO Hitech Public Company Limited from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿23.08 Billion | -8.77% |
| 2023-12-31 | ฿25.29 Billion | -0.69% |
| 2022-12-31 | ฿25.47 Billion | +12.09% |
| 2021-12-31 | ฿22.72 Billion | +1.68% |
| 2020-12-31 | ฿22.35 Billion | +5.18% |
| 2019-12-31 | ฿21.25 Billion | +18.75% |
| 2018-12-31 | ฿17.89 Billion | +21.54% |
| 2017-12-31 | ฿14.72 Billion | +32.46% |
| 2016-12-31 | ฿11.11 Billion | -3.42% |
| 2015-12-31 | ฿11.51 Billion | -4.76% |
| 2014-12-31 | ฿12.08 Billion | -3.95% |
| 2013-12-31 | ฿12.58 Billion | -8.74% |
| 2012-12-31 | ฿13.78 Billion | +19.64% |
| 2011-12-31 | ฿11.52 Billion | +0.41% |
| 2010-12-31 | ฿11.47 Billion | +20.21% |
| 2009-12-31 | ฿9.55 Billion | +3.06% |
| 2008-12-31 | ฿9.26 Billion | +3.16% |
| 2007-12-31 | ฿8.98 Billion | +1.40% |
| 2006-12-31 | ฿8.85 Billion | +45.14% |
| 2005-12-31 | ฿6.10 Billion | +27.93% |
| 2004-12-31 | ฿4.77 Billion | +19.62% |
| 2003-12-31 | ฿3.99 Billion | -- |