Gulf Energy Development Public Company Limited (GULF) - Total Assets
Based on the latest financial reports, Gulf Energy Development Public Company Limited (GULF) holds total assets worth ฿820.65 Billion THB (≈ $25.58 Billion USD) as of March 2026. 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. Check Gulf Energy Development Public Company L cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Gulf Energy Development Public Company Limited - Total Assets Trend (2014–2025)
This chart illustrates how Gulf Energy Development Public Company Limited's total assets have evolved over time, based on quarterly financial data. Explore GULF long-term investment intensity to see how much of total assets are deployed in long-term investments.
Gulf Energy Development Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2025)
Gulf Energy Development Public Company Limited's total assets of ฿820.65 Billion consist of 12.8% current assets and 87.2% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 5.9% |
| Accounts Receivable | ฿29.38 Billion | 3.8% |
| Inventory | ฿3.77 Billion | 0.5% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿9.90 Billion | 1.3% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2014–2025)
This chart illustrates how Gulf Energy Development 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. For live market cap, price, and company overview, see Gulf Energy Development Public Company L stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gulf Energy Development Public Company Limited's current assets represent 12.8% of total assets in 2025, a decrease from 15.8% in 2014.
- Cash Position: Cash and equivalents constituted 5.9% of total assets in 2025, down from 13.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 3.8% of total assets.
Gulf Energy Development Public Company Limited Competitors by Total Assets
Key competitors of Gulf Energy Development Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Zheneng Electric Power Co Ltd
SHG:600023
|
China | CN¥154.12 Billion |
|
CGN Power
SHE:003816
|
China | CN¥506.02 Billion |
|
Oklo Inc.
NYSE:OKLO
|
USA | $1.25 Billion |
|
CGN Power Co Ltd
F:94C
|
Germany | €505.66 Billion |
|
Dogu Aras Enerji Yatirimlari AS
IS:ARASE
|
Turkey | TL21.39 Billion |
|
Fernheizwerk Neukölln Aktiengesellschaft
F:FHW
|
Germany | €105.49 Million |
|
Shanghai Lingyun Industries Development Co Ltd
SHG:900957
|
China | $1.03 Billion |
|
AGL Energy Ltd
AU:AGL
|
Australia | AU$15.77 Billion |
Gulf Energy Development 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 | 1.25 | 0.88 |
| Quick Ratio | 1.07 | 1.20 | 0.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿11.87 Billion | ฿19.41 Billion | ฿-3.73 Billion |
Gulf Energy Development Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Gulf Energy Development 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 | 2.59 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 55.9% |
| Total Assets | ฿773.81 Billion |
| Market Capitalization | $29.92 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Gulf Energy Development Public Company Limited's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Gulf Energy Development Public Company Limited's assets grew by 55.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Gulf Energy Development Public Company Limited (2014–2025)
The table below shows the annual total assets of Gulf Energy Development Public Company Limited from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ฿773.81 Billion ≈ $24.12 Billion |
+55.95% |
| 2024-12-31 | ฿496.20 Billion ≈ $15.47 Billion |
+7.98% |
| 2023-12-31 | ฿459.51 Billion ≈ $14.32 Billion |
+9.89% |
| 2022-12-31 | ฿418.17 Billion ≈ $13.03 Billion |
+15.30% |
| 2021-12-31 | ฿362.67 Billion ≈ $11.30 Billion |
+47.68% |
| 2020-12-31 | ฿245.58 Billion ≈ $7.65 Billion |
+82.89% |
| 2019-12-31 | ฿134.28 Billion ≈ $4.19 Billion |
+8.58% |
| 2018-12-31 | ฿123.67 Billion ≈ $3.85 Billion |
+22.87% |
| 2017-12-31 | ฿100.65 Billion ≈ $3.14 Billion |
+68.27% |
| 2016-12-31 | ฿59.82 Billion ≈ $1.86 Billion |
+187.28% |
| 2015-12-31 | ฿20.82 Billion ≈ $648.99 Million |
+103.05% |
| 2014-12-31 | ฿10.25 Billion ≈ $319.62 Million |
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About Gulf Energy Development Public Company Limited
Gulf Development Public Company Limited generates and sells electricity and steam to public and private clients in Thailand and internationally. The company operates through Power Business, Consulting Business, Infrastructure Business and Satellite and Digital Business segments. It generates electricity through gas-fired, solar, biomass hydroelectric, waste-to-energy, and wind power projects unde… Read more