Itthirit Nice Corp. PCL
Itthirit Nice Corporation Public Company Limited engages in the trading and installation of household electrical and electronic appliances in Thailand. The company operates in three segments: Property Development; Government; and Retail and Wholesale. It offers lighting fixtures and electrical equipment under the Lighttrio brand name; smart home devices under the Lighttrio Smart brand name; and r… Read more
Itthirit Nice Corp. PCL (ITTHI) - Total Assets
Latest total assets as of September 2025: ฿484.80 Million THB
Based on the latest financial reports, Itthirit Nice Corp. PCL (ITTHI) holds total assets worth ฿484.80 Million 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.
Itthirit Nice Corp. PCL - Total Assets Trend (2021–2024)
This chart illustrates how Itthirit Nice Corp. PCL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Itthirit Nice Corp. PCL - Asset Composition Analysis
Current Asset Composition (December 2024)
Itthirit Nice Corp. PCL's total assets of ฿484.80 Million consist of 87.4% current assets and 12.6% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 46.9% |
| Accounts Receivable | ฿45.11 Million | 9.2% |
| Inventory | ฿35.01 Million | 7.2% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿3.33 Million | 0.7% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Itthirit Nice Corp. PCL'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: Itthirit Nice Corp. PCL's current assets represent 87.4% of total assets in 2024, an increase from 86.5% in 2021.
- Cash Position: Cash and equivalents constituted 46.9% of total assets in 2024, up from 30.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 9.2% of total assets.
Itthirit Nice Corp. PCL Competitors by Total Assets
Key competitors of Itthirit Nice Corp. PCL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Itthirit Nice Corp. PCL - 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 - Itthirit Nice Corp. PCL generates 1.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Itthirit Nice Corp. PCL generates $5.74 in net profit.
Itthirit Nice Corp. PCL - 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 | 5.59 | 9.91 | 4.12 |
| Quick Ratio | 5.02 | 8.85 | 3.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿325.63 Million | ฿ 345.48 Million | ฿ 108.46 Million |
Itthirit Nice Corp. PCL - Advanced Valuation Insights
This section examines the relationship between Itthirit Nice Corp. PCL'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 | 0.85 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | ฿488.43 Million |
| Market Capitalization | $3.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Itthirit Nice Corp. PCL's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Itthirit Nice Corp. PCL's assets decreased by 2.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Itthirit Nice Corp. PCL (2021–2024)
The table below shows the annual total assets of Itthirit Nice Corp. PCL from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿488.43 Million | -2.54% |
| 2023-12-31 | ฿501.18 Million | +148.65% |
| 2022-12-31 | ฿201.56 Million | +20.77% |
| 2021-12-31 | ฿166.89 Million | -- |