Nova Empire Public Company Limited
Nova Empire Public Company Limited, together with its subsidiaries, engages in the production and distribution of electricity in Thailand. It generates solar energy; offers offshore services related to the oil and gas industry; and provides ship management services, as well as engages in the investment business. The company was formerly known as Thailand Iron Works Public Company Limited and chan… Read more
Nova Empire Public Company Limited (NOVA) - Total Assets
Latest total assets as of September 2025: ฿4.32 Billion THB
Based on the latest financial reports, Nova Empire Public Company Limited (NOVA) holds total assets worth ฿4.32 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.
Nova Empire Public Company Limited - Total Assets Trend (2005–2024)
This chart illustrates how Nova Empire Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nova Empire Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Nova Empire Public Company Limited's total assets of ฿4.32 Billion consist of 10.7% current assets and 89.3% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 8.7% |
| Accounts Receivable | ฿2.70 Million | 0.1% |
| Inventory | ฿0.00 | 0.0% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿109.47 Million | 3.1% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Nova Empire 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: Nova Empire Public Company Limited's current assets represent 10.7% of total assets in 2024, a decrease from 76.6% in 2005.
- Cash Position: Cash and equivalents constituted 8.7% of total assets in 2024, up from 6.7% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is intangible assets at 3.1% of total assets.
Nova Empire Public Company Limited Competitors by Total Assets
Key competitors of Nova Empire Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Nova Empire 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
Lower asset utilization - Nova Empire Public Company Limited generates 0.01x 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, Nova Empire Public Company Limited generates $7.02 in net profit.
Nova Empire 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 | 1.66 | 3.53 | 1.72 |
| Quick Ratio | 1.64 | 3.53 | 1.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿312.86 Million | ฿ 446.38 Million | ฿ 458.05 Million |
Nova Empire Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Nova Empire 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 | 0.72 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -36.6% |
| Total Assets | ฿3.50 Billion |
| Market Capitalization | $11.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nova Empire 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: Nova Empire Public Company Limited's assets decreased by 36.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nova Empire Public Company Limited (2005–2024)
The table below shows the annual total assets of Nova Empire Public Company Limited from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.50 Billion | -36.58% |
| 2023-12-31 | ฿5.53 Billion | -2.60% |
| 2022-12-31 | ฿5.67 Billion | +345.44% |
| 2021-12-31 | ฿1.27 Billion | -25.63% |
| 2020-12-31 | ฿1.71 Billion | +80.53% |
| 2019-12-31 | ฿948.64 Million | -5.40% |
| 2018-12-31 | ฿1.00 Billion | +8.82% |
| 2017-12-31 | ฿921.54 Million | +5.04% |
| 2016-12-31 | ฿877.36 Million | -8.64% |
| 2015-12-31 | ฿960.37 Million | -10.50% |
| 2014-12-31 | ฿1.07 Billion | -0.01% |
| 2013-12-31 | ฿1.07 Billion | -7.69% |
| 2012-12-31 | ฿1.16 Billion | +5.83% |
| 2011-12-31 | ฿1.10 Billion | +1.20% |
| 2010-12-31 | ฿1.09 Billion | -0.90% |
| 2009-12-31 | ฿1.10 Billion | +11.99% |
| 2008-12-31 | ฿978.11 Million | +0.15% |
| 2007-12-31 | ฿976.68 Million | -6.46% |
| 2006-12-31 | ฿1.04 Billion | +12.99% |
| 2005-12-31 | ฿924.10 Million | -- |