Gratitude Infinite Public Company Limited
Gift Infinite Public Company Limited, together with its subsidiaries, engages in the supply and distribution of chemical products in Thailand. The company operates through Chemical Distribution and Sim Card Electronic Media Distribution divisions. It also buys and sells products/services using electronic media or e-commerce. The company was formerly known as Gratitude Infinite Public Company Limi… Read more
Gratitude Infinite Public Company Limited (GIFT) - Total Assets
Latest total assets as of September 2024: ฿2.78 Billion THB
Based on the latest financial reports, Gratitude Infinite Public Company Limited (GIFT) holds total assets worth ฿2.78 Billion THB as of September 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.
Gratitude Infinite Public Company Limited - Total Assets Trend (2010–2023)
This chart illustrates how Gratitude Infinite Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gratitude Infinite Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2023)
Gratitude Infinite Public Company Limited's total assets of ฿2.78 Billion consist of 58.5% current assets and 41.5% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 14.9% |
| Accounts Receivable | ฿40.23 Million | 1.8% |
| Inventory | ฿645.69 Million | 29.2% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿0.00 | 0.0% |
| Goodwill | ฿385.08 Million | 17.4% |
Asset Composition Trend (2010–2023)
This chart illustrates how Gratitude Infinite 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: Gratitude Infinite Public Company Limited's current assets represent 58.5% of total assets in 2023, a decrease from 69.0% in 2010.
- Cash Position: Cash and equivalents constituted 14.9% of total assets in 2023, up from 0.9% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 0.0% in 2010.
- Asset Diversification: The largest asset category is inventory at 29.2% of total assets.
Gratitude Infinite Public Company Limited Competitors by Total Assets
Key competitors of Gratitude Infinite Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chinyang Hold
KO:100250
|
Korea | ₩686.19 Billion |
|
DL Holdings Co Ltd Preferred
KO:000215
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
China | CN¥111.51 Billion |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
|
China | CN¥3.04 Billion |
Gratitude Infinite 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
Lower asset utilization - Gratitude Infinite Public Company Limited generates 0.34x 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, Gratitude Infinite Public Company Limited generates $ 1.81 in net profit.
Gratitude Infinite 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 | 6.38 | 2.99 | 3.30 |
| Quick Ratio | 4.35 | 1.88 | 2.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿1.29 Billion | ฿ 1.17 Billion | ฿ 475.68 Million |
Gratitude Infinite Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Gratitude Infinite 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 | 0.86 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 327.2% |
| Total Assets | ฿2.21 Billion |
| Market Capitalization | $19.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gratitude Infinite Public Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Gratitude Infinite Public Company Limited's assets grew by 327.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Gratitude Infinite Public Company Limited (2010–2023)
The table below shows the annual total assets of Gratitude Infinite Public Company Limited from 2010 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ฿2.21 Billion | +327.19% |
| 2022-12-31 | ฿517.42 Million | -5.37% |
| 2021-12-31 | ฿546.78 Million | -15.95% |
| 2020-12-31 | ฿650.54 Million | -35.67% |
| 2019-12-31 | ฿1.01 Billion | -4.26% |
| 2018-12-31 | ฿1.06 Billion | +12.47% |
| 2017-12-31 | ฿939.05 Million | +11.12% |
| 2016-12-31 | ฿845.08 Million | +15.84% |
| 2015-12-31 | ฿729.51 Million | +4.72% |
| 2014-12-31 | ฿696.64 Million | +17.25% |
| 2013-12-31 | ฿594.15 Million | +17.06% |
| 2012-12-31 | ฿507.56 Million | -2.73% |
| 2011-12-31 | ฿521.78 Million | +61.95% |
| 2010-12-31 | ฿322.18 Million | -- |