Pacific Pipe Public Company Limited

BK:PAP Thailand Steel
Market Cap
$38.07 Million
฿1.32 Billion THB
Market Cap Rank
#28536 Global
#522 in Thailand
Share Price
฿2.00
Change (1 day)
+0.00%
52-Week Range
฿1.44 - ฿2.18
All Time High
฿5.92
About

Pacific Pipe Public Company Limited manufactures and distributes structural steels and contract of steel productions for construction work in Thailand. It also provides hot-rolled coil and steel pipes. The company offers three types of steel pipes black, galvanized, and others steel pipe in the from of round steel pipes, square steel pipes, rectangular steel pipes, C-shaped steel, and black steel… Read more

Pacific Pipe Public Company Limited (PAP) - Total Assets

Latest total assets as of September 2025: ฿3.92 Billion THB

Based on the latest financial reports, Pacific Pipe Public Company Limited (PAP) holds total assets worth ฿3.92 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.

Pacific Pipe Public Company Limited - Total Assets Trend (2003–2024)

This chart illustrates how Pacific Pipe Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Pacific Pipe Public Company Limited - Asset Composition Analysis

Current Asset Composition (December 2024)

Pacific Pipe Public Company Limited's total assets of ฿3.92 Billion consist of 62.5% current assets and 37.5% non-current assets.

Asset Category Amount (THB) % of Total Assets
Cash & Equivalents ฿0.00 7.7%
Accounts Receivable ฿800.92 Million 20.4%
Inventory ฿1.24 Billion 31.5%
Property, Plant & Equipment ฿0.00 0.0%
Intangible Assets ฿18.76 Million 0.5%
Goodwill ฿0.00 0.0%

Asset Composition Trend (2003–2024)

This chart illustrates how Pacific Pipe 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: Pacific Pipe Public Company Limited's current assets represent 62.5% of total assets in 2024, an increase from 0.0% in 2003.
  • Cash Position: Cash and equivalents constituted 7.7% of total assets in 2024, up from 1.1% 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 inventory at 31.5% of total assets.

Pacific Pipe Public Company Limited Competitors by Total Assets

Key competitors of Pacific Pipe Public Company Limited based on total assets are shown below.

Company Country Total Assets
365330
KQ:365330
Korea ₩83.64 Billion
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
China CN¥110.74 Billion
HBIS Co Ltd
SHE:000709
China CN¥271.74 Billion
Sgis Songshan Co Ltd
SHE:000717
China CN¥20.01 Billion
Bengang Steel Plates Co Ltd
SHE:000761
China CN¥46.73 Billion
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
China CN¥53.95 Billion
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
China CN¥66.23 Billion
Jiangsu Fasten Co Ltd
SHE:000890
China CN¥985.65 Million

Pacific Pipe 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

Historical Range: 1.61 - 2.32

Strong asset utilization - Pacific Pipe Public Company Limited generates 1.88x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -7.95% - 14.74%

Negative ROA - Pacific Pipe Public Company Limited is currently not profitable relative to its asset base.

Pacific Pipe 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 1.34 1.25 1.47
Quick Ratio 0.71 0.60 0.68
Cash Ratio 0.00 0.00 0.00
Working Capital ฿628.90 Million ฿ 464.61 Million ฿ 870.48 Million

Pacific Pipe Public Company Limited - Advanced Valuation Insights

This section examines the relationship between Pacific Pipe 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 0.71
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 0.3%
Total Assets ฿3.93 Billion
Market Capitalization $9.96 Million USD

Valuation Analysis

Below Book Valuation: The market values Pacific Pipe 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: Pacific Pipe Public Company Limited's assets grew by 0.3% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Pacific Pipe Public Company Limited (2003–2024)

The table below shows the annual total assets of Pacific Pipe Public Company Limited from 2003 to 2024.

Year Total Assets Change
2024-12-31 ฿3.93 Billion +0.35%
2023-12-31 ฿3.92 Billion -7.05%
2022-12-31 ฿4.22 Billion -22.22%
2021-12-31 ฿5.42 Billion +19.37%
2020-12-31 ฿4.54 Billion +3.42%
2019-12-31 ฿4.39 Billion -10.67%
2018-12-31 ฿4.91 Billion +1.45%
2017-12-31 ฿4.84 Billion +30.66%
2016-12-31 ฿3.71 Billion +11.76%
2015-12-31 ฿3.32 Billion -17.07%
2014-12-31 ฿4.00 Billion +15.81%
2013-12-31 ฿3.45 Billion -14.83%
2012-12-31 ฿4.06 Billion +17.70%
2011-12-31 ฿3.45 Billion +6.08%
2010-12-31 ฿3.25 Billion +8.05%
2009-12-31 ฿3.01 Billion +34.96%
2008-12-31 ฿2.23 Billion -7.25%
2007-12-31 ฿2.40 Billion +5.66%
2006-12-31 ฿2.27 Billion +22.55%
2005-12-31 ฿1.86 Billion +5.67%
2004-12-31 ฿1.76 Billion +52.42%
2003-12-31 ฿1.15 Billion --