International Research Corporation Public Company Limited
International Research Corporation Public Company Limited distributes and renders system development services of information technology, network information, and telecommunication information systems in Thailand. The company operates in two segments, Project Business and Non-Project Business. It is also involved in the provision of distribution of information technology products, network equipmen… Read more
International Research Corporation Public Company Limited (IRCP) - Total Assets
Latest total assets as of September 2025: ฿1.02 Billion THB
Based on the latest financial reports, International Research Corporation Public Company Limited (IRCP) holds total assets worth ฿1.02 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.
International Research Corporation Public Company Limited - Total Assets Trend (2003–2024)
This chart illustrates how International Research Corporation Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
International Research Corporation Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
International Research Corporation Public Company Limited's total assets of ฿1.02 Billion consist of 82.7% current assets and 17.3% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 11.6% |
| Accounts Receivable | ฿686.41 Million | 61.7% |
| Inventory | ฿54.57 Million | 4.9% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿860.12K | 0.1% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how International Research 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: International Research Corporation Public Company Limited's current assets represent 82.7% of total assets in 2024, an increase from 73.7% in 2003.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, down from 14.6% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 61.7% of total assets.
International Research Corporation Public Company Limited Competitors by Total Assets
Key competitors of International Research Corporation Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
International Research 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 - International Research Corporation Public Company Limited generates 0.83x 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, International Research Corporation Public Company Limited generates $ 1.81 in net profit.
International Research 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 | 1.56 | 1.77 | 0.73 |
| Quick Ratio | 1.50 | 1.62 | 0.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿296.40 Million | ฿ 445.58 Million | ฿ -204.71 Million |
International Research Corporation Public Company Limited - Advanced Valuation Insights
This section examines the relationship between International Research 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 | 0.36 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -9.1% |
| Total Assets | ฿1.11 Billion |
| Market Capitalization | $3.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values International Research Corporation Public Company Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: International Research Corporation Public Company Limited's assets decreased by 9.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for International Research Corporation Public Company Limited (2003–2024)
The table below shows the annual total assets of International Research Corporation Public Company Limited from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.11 Billion | -9.10% |
| 2023-12-31 | ฿1.22 Billion | +17.89% |
| 2022-12-31 | ฿1.04 Billion | +28.89% |
| 2021-12-31 | ฿805.00 Million | -15.54% |
| 2020-12-31 | ฿953.11 Million | -11.70% |
| 2019-12-31 | ฿1.08 Billion | -10.19% |
| 2018-12-31 | ฿1.20 Billion | +17.82% |
| 2017-12-31 | ฿1.02 Billion | -2.63% |
| 2016-12-31 | ฿1.05 Billion | -3.70% |
| 2015-12-31 | ฿1.09 Billion | -17.01% |
| 2014-12-31 | ฿1.31 Billion | +49.52% |
| 2013-12-31 | ฿876.73 Million | +25.73% |
| 2012-12-31 | ฿697.31 Million | -5.57% |
| 2011-12-31 | ฿738.46 Million | -29.31% |
| 2010-12-31 | ฿1.04 Billion | +46.17% |
| 2009-12-31 | ฿714.68 Million | -9.97% |
| 2008-12-31 | ฿793.87 Million | -24.12% |
| 2007-12-31 | ฿1.05 Billion | +167.92% |
| 2004-12-31 | ฿390.48 Million | -6.01% |
| 2003-12-31 | ฿415.45 Million | -- |