Forth Corporation Public Company Limited
Forth Corporation Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of electronic equipment in Thailand, Netherlands, United States of America, and internationally. It operates through three segments: Electronics Manufacturing Service Business; Enterprise Solutions Business; and Smart Service Business. It offers Forth Taglock EM, a tracking device… Read more
Forth Corporation Public Company Limited (FORTH) - Total Assets
Latest total assets as of December 2024: ฿12.14 Billion THB
Based on the latest financial reports, Forth Corporation Public Company Limited (FORTH) holds total assets worth ฿12.14 Billion THB as of December 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.
Forth Corporation Public Company Limited - Total Assets Trend (2005–2024)
This chart illustrates how Forth Corporation Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forth Corporation Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Forth Corporation Public Company Limited's total assets of ฿12.14 Billion consist of 52.4% current assets and 47.6% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 6.6% |
| Accounts Receivable | ฿2.54 Billion | 20.9% |
| Inventory | ฿1.92 Billion | 15.8% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿94.97 Million | 0.8% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Forth Corporation 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: Forth Corporation Public Company Limited's current assets represent 52.4% of total assets in 2024, an increase from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2024, up from 4.4% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 11.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 20.9% of total assets.
Forth Corporation Public Company Limited Competitors by Total Assets
Key competitors of Forth Corporation Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Baoan Group Co Ltd
SHE:000009
|
China | CN¥56.58 Billion |
|
Doosan
KO:000150
|
Korea | ₩32.36 Trillion |
|
Doosan Pref Shs
KO:000155
|
Korea | ₩32.36 Trillion |
|
Doosan Co Ltd
KO:000157
|
Korea | ₩32.36 Trillion |
|
Yunding Technology Co Ltd
SHE:000409
|
China | CN¥2.65 Billion |
|
Create Technology & Science Co Ltd
SHE:000551
|
China | CN¥6.23 Billion |
|
Sundiro Holding Co Ltd
SHE:000571
|
China | CN¥2.50 Billion |
|
Guangdong Ganhua Science & Industry Co Ltd
SHE:000576
|
China | CN¥2.26 Billion |
Forth Corporation 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 - Forth Corporation Public Company Limited generates 0.72x 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, Forth Corporation Public Company Limited generates $ 1.82 in net profit.
Forth Corporation 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 | 0.81 | 0.87 | 0.77 |
| Quick Ratio | 0.57 | 0.58 | 0.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿-1.45 Billion | ฿ -799.80 Million | ฿ -1.26 Billion |
Forth Corporation Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Forth Corporation 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 | 3.90 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 9.1% |
| Total Assets | ฿12.14 Billion |
| Market Capitalization | $62.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forth Corporation Public Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Forth Corporation Public Company Limited's assets grew by 9.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Forth Corporation Public Company Limited (2005–2024)
The table below shows the annual total assets of Forth Corporation Public Company Limited from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿12.14 Billion | +9.13% |
| 2023-12-31 | ฿11.12 Billion | -2.31% |
| 2022-12-31 | ฿11.39 Billion | +29.12% |
| 2021-12-31 | ฿8.82 Billion | +12.72% |
| 2020-12-31 | ฿7.82 Billion | +2.70% |
| 2019-12-31 | ฿7.62 Billion | -14.13% |
| 2018-12-31 | ฿8.87 Billion | +8.85% |
| 2017-12-31 | ฿8.15 Billion | +18.62% |
| 2016-12-31 | ฿6.87 Billion | +14.99% |
| 2015-12-31 | ฿5.97 Billion | -5.52% |
| 2014-12-31 | ฿6.32 Billion | +35.87% |
| 2013-12-31 | ฿4.65 Billion | +4.62% |
| 2012-12-31 | ฿4.45 Billion | -19.07% |
| 2011-12-31 | ฿5.50 Billion | -14.81% |
| 2010-12-31 | ฿6.45 Billion | +18.92% |
| 2009-12-31 | ฿5.43 Billion | +28.60% |
| 2008-12-31 | ฿4.22 Billion | +14.20% |
| 2007-12-31 | ฿3.69 Billion | +64.96% |
| 2006-12-31 | ฿2.24 Billion | +24.43% |
| 2005-12-31 | ฿1.80 Billion | -- |