Millcon Steel Public Company Limited (MILL) - Total Assets
Based on the latest financial reports, Millcon Steel Public Company Limited (MILL) holds total assets worth ฿15.77 Billion THB (≈ $491.42 Million USD) 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. Check how aggressively does Millcon Steel Public Company Limited reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Millcon Steel Public Company Limited - Total Assets Trend (2006–2024)
This chart illustrates how Millcon Steel Public Company Limited's total assets have evolved over time, based on quarterly financial data. Explore how much of Millcon Steel Public Company Limited's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Millcon Steel Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Millcon Steel Public Company Limited's total assets of ฿15.77 Billion consist of 24.6% current assets and 75.4% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 0.3% |
| Accounts Receivable | ฿1.52 Billion | 9.8% |
| Inventory | ฿2.22 Billion | 14.3% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿17.00 Million | 0.1% |
| Goodwill | ฿333.60 Million | 2.2% |
Asset Composition Trend (2006–2024)
This chart illustrates how Millcon Steel 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 Millcon Steel Public Company Limited (MILL) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Millcon Steel Public Company Limited's current assets represent 24.6% of total assets in 2024, a decrease from 48.7% in 2006.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, down from 4.3% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 14.3% of total assets.
Millcon Steel Public Company Limited Competitors by Total Assets
Key competitors of Millcon Steel Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tata Steel Limited
NSE:TATASTEEL
|
India | Rs3.01 Trillion |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
|
China | CN¥17.05 Billion |
|
Zhejiang JIULI Hi-tech Metals Co Ltd
SHE:002318
|
China | CN¥13.73 Billion |
|
Hyundai Steel
KO:004020
|
Korea | ₩34.44 Trillion |
|
Feng Hsin Steel Co Ltd
TW:2015
|
Taiwan | NT$24.78 Billion |
|
Hang Xiao Steel Structure Co Ltd
SHG:600477
|
China | CN¥15.49 Billion |
|
Lingyuan Iron & Steel Co Ltd
SHG:600231
|
China | CN¥15.33 Billion |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158
|
China | CN¥8.40 Billion |
Millcon Steel 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 | 0.29 | 0.33 | 0.64 |
| Quick Ratio | 0.18 | 0.22 | 0.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿-10.46 Billion | ฿-9.57 Billion | ฿-4.27 Billion |
Millcon Steel Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Millcon Steel 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 | 7.87 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -26.0% |
| Total Assets | ฿15.49 Billion |
| Market Capitalization | $17.71 Million USD |
Valuation Analysis
Below Book Valuation: The market values Millcon Steel Public Company Limited's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Millcon Steel Public Company Limited's assets decreased by 26.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Millcon Steel Public Company Limited (2006–2024)
The table below shows the annual total assets of Millcon Steel Public Company Limited from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿15.49 Billion ≈ $482.95 Million |
-26.04% |
| 2023-12-31 | ฿20.95 Billion ≈ $652.99 Million |
+2.20% |
| 2022-12-31 | ฿20.50 Billion ≈ $638.97 Million |
+6.38% |
| 2021-12-31 | ฿19.27 Billion ≈ $600.66 Million |
-0.03% |
| 2020-12-31 | ฿19.28 Billion ≈ $600.85 Million |
-12.70% |
| 2019-12-31 | ฿22.08 Billion ≈ $688.28 Million |
-6.39% |
| 2018-12-31 | ฿23.59 Billion ≈ $735.26 Million |
+33.72% |
| 2017-12-31 | ฿17.64 Billion ≈ $549.84 Million |
-1.18% |
| 2016-12-31 | ฿17.85 Billion ≈ $556.39 Million |
-7.53% |
| 2015-12-31 | ฿19.30 Billion ≈ $601.70 Million |
+17.09% |
| 2014-12-31 | ฿16.49 Billion ≈ $513.88 Million |
+18.97% |
| 2013-12-31 | ฿13.86 Billion ≈ $431.96 Million |
-0.55% |
| 2012-12-31 | ฿13.94 Billion ≈ $434.36 Million |
+14.24% |
| 2011-12-31 | ฿12.20 Billion ≈ $380.21 Million |
+34.70% |
| 2010-12-31 | ฿9.06 Billion ≈ $282.27 Million |
+34.84% |
| 2009-12-31 | ฿6.72 Billion ≈ $209.34 Million |
+7.98% |
| 2008-12-31 | ฿6.22 Billion ≈ $193.87 Million |
+208.11% |
| 2007-12-31 | ฿2.02 Billion ≈ $62.92 Million |
+59.77% |
| 2006-12-31 | ฿1.26 Billion ≈ $39.38 Million |
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About Millcon Steel Public Company Limited
Millcon Steel Public Company Limited, together with its subsidiaries, manufactures and trades in steel products in Thailand and internationally. The company offers steel pipes and steel wire, as well as C-iron and galvanized steel products; and round and deformed bars. It also manufactures and distributes billets; produces and sells scraps; manufactures and trades in steel bar; trades in building… Read more