International Research Corporation Public Company Limited (IRCP) - Total Assets
Based on the latest financial reports, International Research Corporation Public Company Limited (IRCP) holds total assets worth ฿1.02 Billion THB (≈ $31.84 Million 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. Explore cash flow to debt ratio of International Research Corporation Publi to assess how comfortably operating cash covers total debt obligations.
International Research Corporation Public Company Limited - Total Assets Trend (2003–2025)
This chart illustrates how International Research Corporation Public Company Limited's total assets have evolved over time, based on quarterly financial data. See International Research Corporation Publi net assets for net asset value and shareholders' equity analysis.
International Research Corporation Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2025)
International Research Corporation Public Company Limited's total assets of ฿1.02 Billion consist of 82.9% current assets and 17.1% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 6.0% |
| Accounts Receivable | ฿758.74 Million | 74.0% |
| Inventory | ฿29.41 Million | 2.9% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿1.37 Million | 0.1% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2003–2025)
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. For live market cap, price, and company overview, see International Research Corporation Publi (IRCP) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: International Research Corporation Public Company Limited's current assets represent 82.9% of total assets in 2025, an increase from 73.7% in 2003.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2025, 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 74.0% 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 |
|---|---|---|
|
Taiji Computer Corp Ltd
SHE:002368
|
China | CN¥15.25 Billion |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
ArcherMind Technology Nanjing Co Ltd
SHE:300598
|
China | CN¥2.77 Billion |
|
Strait Innovation Internet Co Ltd
SHE:300300
|
China | CN¥1.10 Billion |
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
China | CN¥1.96 Billion |
|
Shanghai Golden Bridge
SHG:603918
|
China | CN¥1.30 Billion |
|
Zhejiang Whyis Technology Co.Ltd.
SHE:301218
|
China | CN¥1.57 Billion |
|
Kwong Fong Industries Corp
TW:1416
|
Taiwan | NT$5.82 Billion |
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 | 1.57 | 1.95 | 0.79 |
| Quick Ratio | 1.51 | 1.82 | 0.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿310.75 Million | ฿445.40 Million | ฿-145.03 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 | 0.38 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -7.8% |
| Total Assets | ฿1.02 Billion |
| Market Capitalization | $6.02 Million USD |
Valuation Analysis
Below Book Valuation: The market values International Research Corporation Public Company Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: International Research Corporation Public Company Limited's assets decreased by 7.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for International Research Corporation Public Company Limited (2003–2025)
The table below shows the annual total assets of International Research Corporation Public Company Limited from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.02 Billion ≈ $31.94 Million |
-7.83% |
| 2024-12-31 | ฿1.11 Billion ≈ $34.66 Million |
-9.10% |
| 2023-12-31 | ฿1.22 Billion ≈ $38.13 Million |
+17.89% |
| 2022-12-31 | ฿1.04 Billion ≈ $32.34 Million |
+28.89% |
| 2021-12-31 | ฿805.00 Million ≈ $25.09 Million |
-15.54% |
| 2020-12-31 | ฿953.11 Million ≈ $29.71 Million |
-11.70% |
| 2019-12-31 | ฿1.08 Billion ≈ $33.64 Million |
-10.19% |
| 2018-12-31 | ฿1.20 Billion ≈ $37.46 Million |
+17.82% |
| 2017-12-31 | ฿1.02 Billion ≈ $31.80 Million |
-2.63% |
| 2016-12-31 | ฿1.05 Billion ≈ $32.65 Million |
-3.70% |
| 2015-12-31 | ฿1.09 Billion ≈ $33.91 Million |
-17.01% |
| 2014-12-31 | ฿1.31 Billion ≈ $40.86 Million |
+49.52% |
| 2013-12-31 | ฿876.73 Million ≈ $27.33 Million |
+25.73% |
| 2012-12-31 | ฿697.31 Million ≈ $21.73 Million |
-5.57% |
| 2011-12-31 | ฿738.46 Million ≈ $23.02 Million |
-29.31% |
| 2010-12-31 | ฿1.04 Billion ≈ $32.56 Million |
+46.17% |
| 2009-12-31 | ฿714.68 Million ≈ $22.28 Million |
-9.97% |
| 2008-12-31 | ฿793.87 Million ≈ $24.74 Million |
-24.12% |
| 2007-12-31 | ฿1.05 Billion ≈ $32.61 Million |
+167.92% |
| 2004-12-31 | ฿390.48 Million ≈ $12.17 Million |
-6.01% |
| 2003-12-31 | ฿415.45 Million ≈ $12.95 Million |
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About 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. It operates in two segments, Project Business and Non-Project Business. The company is involved in the provision of distribution of information technology products, network equipment, te… Read more