Bless Asset Group PCL
Bless Asset Group Public Company Limited develops and sells land and houses in Thailand. It develops townhomes and condominium units. Bless Asset Group Public Company Limited was incorporated in 2010 and is headquartered in Bangkok, Thailand.
Bless Asset Group PCL (BLESS) - Total Assets
Latest total assets as of September 2025: ฿2.25 Billion THB
Based on the latest financial reports, Bless Asset Group PCL (BLESS) holds total assets worth ฿2.25 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.
Bless Asset Group PCL - Total Assets Trend (2017–2024)
This chart illustrates how Bless Asset Group PCL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bless Asset Group PCL - Asset Composition Analysis
Current Asset Composition (December 2024)
Bless Asset Group PCL's total assets of ฿2.25 Billion consist of 76.0% current assets and 24.0% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 0.7% |
| Accounts Receivable | ฿3.96 Million | 0.2% |
| Inventory | ฿1.69 Billion | 73.3% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿3.57 Million | 0.2% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Bless Asset Group 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bless Asset Group PCL's current assets represent 76.0% of total assets in 2024, a decrease from 95.2% in 2017.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 2.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 73.3% of total assets.
Bless Asset Group PCL Competitors by Total Assets
Key competitors of Bless Asset Group PCL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
BATI EGE GMYO
IS:BEGYO
|
Turkey | TL5.25 Billion |
|
Prime Office A/S
CO:PRIMOF
|
Denmark | Dkr4.54 Billion |
|
China Vanke Co Ltd Class A
SHE:000002
|
China | CN¥1.14 Trillion |
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
China | CN¥17.27 Billion |
|
Shenzhen Properties & Resources Development Group Ltd
SHE:000011
|
China | CN¥15.30 Billion |
|
Shahe Industry Co Ltd
SHE:000014
|
China | CN¥2.33 Billion |
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
China | CN¥167.28 Billion |
|
China Union Holdings Ltd
SHE:000036
|
China | CN¥7.64 Billion |
Bless Asset Group PCL - 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
Lower asset utilization - Bless Asset Group PCL generates 0.18x 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, Bless Asset Group PCL generates $ 0.35 in net profit.
Bless Asset Group 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 | 1.69 | 1.56 | 1.66 |
| Quick Ratio | 0.05 | 0.08 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿688.32 Million | ฿ 635.71 Million | ฿ 692.32 Million |
Bless Asset Group PCL - Advanced Valuation Insights
This section examines the relationship between Bless Asset Group 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 | 0.16 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.1% |
| Total Assets | ฿2.30 Billion |
| Market Capitalization | $1.59 Million USD |
Valuation Analysis
Below Book Valuation: The market values Bless Asset Group PCL's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Bless Asset Group PCL's assets grew by 0.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Bless Asset Group PCL (2017–2024)
The table below shows the annual total assets of Bless Asset Group PCL from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.30 Billion | +0.05% |
| 2023-12-31 | ฿2.30 Billion | +7.00% |
| 2022-12-31 | ฿2.15 Billion | -2.78% |
| 2021-12-31 | ฿2.21 Billion | -1.06% |
| 2020-12-31 | ฿2.23 Billion | +12.27% |
| 2019-12-31 | ฿1.99 Billion | +10.74% |
| 2018-12-31 | ฿1.80 Billion | +11.89% |
| 2017-12-31 | ฿1.61 Billion | -- |