Multibax Public Company Limited
Multibax Public Company Limited engages in the manufacture and distribution of polymer bags in Thailand, North America, Australia, Europe, rest of Asia, and internationally. The company offers food packaging bags, garbage bags, bioplastic bags, and green plastic bags products. The company was incorporated in 1995 and is based in Chonburi, Thailand.
Multibax Public Company Limited (MBAX) - Total Assets
Latest total assets as of September 2025: ฿1.46 Billion THB
Based on the latest financial reports, Multibax Public Company Limited (MBAX) holds total assets worth ฿1.46 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.
Multibax Public Company Limited - Total Assets Trend (2005–2024)
This chart illustrates how Multibax Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Multibax Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Multibax Public Company Limited's total assets of ฿1.46 Billion consist of 53.3% current assets and 46.7% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 3.1% |
| Accounts Receivable | ฿338.17 Million | 22.3% |
| Inventory | ฿413.75 Million | 27.3% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿20.99 Million | 1.4% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Multibax 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: Multibax Public Company Limited's current assets represent 53.3% of total assets in 2024, an increase from 42.2% in 2005.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, down from 3.6% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 27.3% of total assets.
Multibax Public Company Limited Competitors by Total Assets
Key competitors of Multibax Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SAMRYOONG Co.Ltd
KQ:014970
|
Korea | ₩96.42 Billion |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
China | CN¥1.97 Billion |
|
Shin Hwa Silup
KO:001770
|
Korea | ₩84.01 Billion |
|
Huangshan Novel Co Ltd
SHE:002014
|
China | CN¥4.17 Billion |
|
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
|
China | CN¥8.43 Billion |
|
Export Packing
KO:002200
|
Korea | ₩347.30 Billion |
|
Xiamen Hexing Packaging Printing Co Ltd
SHE:002228
|
China | CN¥7.52 Billion |
|
Shenzhen Beauty Star Co Ltd
SHE:002243
|
China | CN¥16.63 Billion |
Multibax 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 - Multibax Public Company Limited generates 0.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Multibax Public Company Limited is currently not profitable relative to its asset base.
Multibax 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 | 0.94 | 0.91 | 0.95 |
| Quick Ratio | 0.54 | 0.42 | 0.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿-53.08 Million | ฿ -64.97 Million | ฿ -32.00 Million |
Multibax Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Multibax 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 | 0.65 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 9.1% |
| Total Assets | ฿1.52 Billion |
| Market Capitalization | $5.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Multibax Public Company Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Multibax Public Company Limited's assets grew by 9.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Multibax Public Company Limited (2005–2024)
The table below shows the annual total assets of Multibax Public Company Limited from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.52 Billion | +9.05% |
| 2023-12-31 | ฿1.39 Billion | -9.49% |
| 2022-12-31 | ฿1.54 Billion | +4.71% |
| 2021-12-31 | ฿1.47 Billion | +1.29% |
| 2020-12-31 | ฿1.45 Billion | +22.93% |
| 2019-12-31 | ฿1.18 Billion | +3.26% |
| 2018-12-31 | ฿1.14 Billion | +4.37% |
| 2017-12-31 | ฿1.09 Billion | +5.73% |
| 2016-12-31 | ฿1.03 Billion | -2.65% |
| 2015-12-31 | ฿1.06 Billion | +0.52% |
| 2014-12-31 | ฿1.06 Billion | +1.37% |
| 2013-12-31 | ฿1.04 Billion | +10.42% |
| 2012-12-31 | ฿943.54 Million | +4.29% |
| 2011-12-31 | ฿904.76 Million | -8.42% |
| 2010-12-31 | ฿987.93 Million | -1.50% |
| 2009-12-31 | ฿1.00 Billion | -5.32% |
| 2008-12-31 | ฿1.06 Billion | -4.29% |
| 2007-12-31 | ฿1.11 Billion | +14.14% |
| 2006-12-31 | ฿969.64 Million | +20.18% |
| 2005-12-31 | ฿806.84 Million | -- |