Asia Plus Group Holdings PCL (ASP) - Total Assets
Based on the latest financial reports, Asia Plus Group Holdings PCL (ASP) holds total assets worth ฿9.28 Billion THB (≈ $289.36 Million USD) 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. See shareholders equity of Asia Plus Group Holdings PCL for net asset value and shareholders' equity analysis.
Asia Plus Group Holdings PCL - Total Assets Trend (2004–2025)
This chart illustrates how Asia Plus Group Holdings PCL's total assets have evolved over time, based on quarterly financial data.
Asia Plus Group Holdings PCL - Asset Composition Analysis
Current Asset Composition (December 2025)
Asia Plus Group Holdings PCL's total assets of ฿9.28 Billion consist of 89.2% current assets and 10.8% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 10.7% |
| Accounts Receivable | ฿2.55 Billion | 27.5% |
| Inventory | ฿0.00 | 0.0% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿61.13 Million | 0.7% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2004–2025)
This chart illustrates how Asia Plus Group Holdings PCL'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. For live market cap, price, and company overview, see ASP company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Asia Plus Group Holdings PCL's current assets represent 89.2% of total assets in 2025, an increase from 39.6% in 2004.
- Cash Position: Cash and equivalents constituted 10.7% of total assets in 2025, down from 23.9% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 27.5% of total assets.
Asia Plus Group Holdings PCL Competitors by Total Assets
Key competitors of Asia Plus Group Holdings PCL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guotai Junan Securities Co Ltd
SHG:601211
|
China | CN¥2.01 Trillion |
|
Terawulf Inc
NASDAQ:WULF
|
USA | $6.56 Billion |
|
Samsung Securities
KO:016360
|
Korea | ₩75.77 Trillion |
|
Shinyoung Securities Co. Ltd.
KO:001720
|
Korea | ₩12.07 Trillion |
|
Yulie Sekurindo Tbk
JK:YULE
|
Indonesia | Rp590.32 Billion |
|
OVB Holding AG
XETRA:O4B
|
Germany | €291.54 Million |
|
Praemium Ltd
AU:PPS
|
Australia | AU$135.84 Million |
|
Sino AG
F:XTP
|
Germany | €14.38 Million |
Asia Plus Group Holdings PCL - 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 | 2.03 | 1.94 | 1.71 |
| Quick Ratio | 2.03 | 1.94 | 1.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿4.20 Billion | ฿5.32 Billion | ฿4.54 Billion |
Asia Plus Group Holdings PCL - Advanced Valuation Insights
This section examines the relationship between Asia Plus Group Holdings PCL'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 | 0.88 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -22.7% |
| Total Assets | ฿9.28 Billion |
| Market Capitalization | $130.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Asia Plus Group Holdings PCL's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Asia Plus Group Holdings PCL's assets decreased by 22.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Asia Plus Group Holdings PCL (2004–2025)
The table below shows the annual total assets of Asia Plus Group Holdings PCL from 2004 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ฿9.28 Billion ≈ $289.36 Million |
-22.72% |
| 2024-12-31 | ฿12.01 Billion ≈ $374.43 Million |
-14.55% |
| 2023-12-31 | ฿14.06 Billion ≈ $438.17 Million |
-12.84% |
| 2022-12-31 | ฿16.13 Billion ≈ $502.72 Million |
+9.26% |
| 2021-12-31 | ฿14.76 Billion ≈ $460.10 Million |
+57.37% |
| 2020-12-31 | ฿9.38 Billion ≈ $292.36 Million |
+48.17% |
| 2019-12-31 | ฿6.33 Billion ≈ $197.31 Million |
-0.96% |
| 2018-12-31 | ฿6.39 Billion ≈ $199.23 Million |
-43.39% |
| 2017-12-31 | ฿11.29 Billion ≈ $351.93 Million |
+14.31% |
| 2016-12-31 | ฿9.88 Billion ≈ $307.87 Million |
+27.17% |
| 2015-12-31 | ฿7.77 Billion ≈ $242.10 Million |
+1.40% |
| 2014-12-31 | ฿7.66 Billion ≈ $238.76 Million |
-0.34% |
| 2013-12-31 | ฿7.69 Billion ≈ $239.57 Million |
-7.18% |
| 2012-12-31 | ฿8.28 Billion ≈ $258.11 Million |
+28.53% |
| 2011-12-31 | ฿6.44 Billion ≈ $200.81 Million |
-11.29% |
| 2010-12-31 | ฿7.26 Billion ≈ $226.37 Million |
+33.99% |
| 2009-12-31 | ฿5.42 Billion ≈ $168.94 Million |
+32.05% |
| 2008-12-31 | ฿4.10 Billion ≈ $127.94 Million |
-26.20% |
| 2007-12-31 | ฿5.56 Billion ≈ $173.37 Million |
+14.31% |
| 2006-12-31 | ฿4.87 Billion ≈ $151.66 Million |
-9.32% |
| 2005-12-31 | ฿5.37 Billion ≈ $167.25 Million |
-5.25% |
| 2004-12-31 | ฿5.66 Billion ≈ $176.52 Million |
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About Asia Plus Group Holdings PCL
Asia Plus Group Holdings Public Company Limited, together with its subsidiaries, engages in the securities business in Thailand. It operates through four segments: Securities and Derivatives Brokerage, Investment Banking, Fund Management, and Investment Trading. The company offers securities and derivatives brokering services for local and foreign investors; securities brokerage, securities tradi… Read more