Pacific Pipe Public Company Limited (PAP) - Total Assets

Latest as of December 2025: ฿3.88 Billion THB ≈ $120.80 Million USD

Based on the latest financial reports, Pacific Pipe Public Company Limited (PAP) holds total assets worth ฿3.88 Billion THB (≈ $120.80 Million USD) as of December 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 (2003–2025)

This chart illustrates how Pacific Pipe Public Company Limited's total assets have evolved over time, based on quarterly financial data. Also see Pacific Pipe Public Company Limited (PAP) total market value for the company's overall valuation and market capitalisation.

Pacific Pipe Public Company Limited - Asset Composition Analysis

Current Asset Composition (December 2025)

Pacific Pipe Public Company Limited's total assets of ฿3.88 Billion consist of 63.4% current assets and 36.6% non-current assets. Review Pacific Pipe Public Company Limited total liabilities to assess the company's total debt and financial obligations.

Asset Category Amount (THB) % of Total Assets
Cash & Equivalents ฿0.00 6.1%
Accounts Receivable ฿887.66 Million 22.9%
Inventory ฿1.18 Billion 30.5%
Property, Plant & Equipment ฿0.00 0.0%
Intangible Assets ฿18.27 Million 0.5%
Goodwill ฿0.00 0.0%

Asset Composition Trend (2003–2025)

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. See latest Pacific Pipe Public Company Limited stock price today for real-time trading data and today's change.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Pacific Pipe Public Company Limited's current assets represent 63.4% of total assets in 2025, an increase from 0.0% in 2003.
  • Cash Position: Cash and equivalents constituted 6.1% of total assets in 2025, 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 30.5% 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
Hod Assaf Industries Ltd
TA:HOD
Israel ILA1.31 Billion
Tata Steel (Thailand) Public Company Limited
BK:TSTH
Thailand ฿17.96 Billion
Sinkang Industries Co Ltd
TW:2032
Taiwan NT$2.36 Billion
Steel Pipe Industry Of Indonesia
JK:ISSP
Indonesia Rp8.39 Trillion
Kalyani Steels Limited
NSE:KSL
India Rs28.23 Billion
Kis Wire
KO:002240
Korea ₩2.63 Trillion
Huadi International Group Co Ltd
NASDAQ:HUDI
USA $120.46 Million
Zanaga Iron Ore Company Limited
F:6ZA
Germany €90.17 Million

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 1.35 1.25 1.60
Quick Ratio 0.70 0.62 0.77
Cash Ratio 0.00 0.00 0.00
Working Capital ฿633.18 Million ฿486.52 Million ฿1.15 Billion

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 0.83
Latest Market Cap to Assets Ratio 0.02
Asset Growth Rate (YoY) -1.4%
Total Assets ฿3.88 Billion
Market Capitalization $67.89 Million USD

Valuation Analysis

Below Book Valuation: The market values Pacific Pipe Public Company Limited's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Pacific Pipe Public Company Limited's assets decreased by 1.4% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Pacific Pipe Public Company Limited (2003–2025)

The table below shows the annual total assets of Pacific Pipe Public Company Limited from 2003 to 2025.

Year Total Assets Change
2025-12-31 ฿3.88 Billion
≈ $120.80 Million
-1.43%
2024-12-31 ฿3.93 Billion
≈ $122.55 Million
+0.35%
2023-12-31 ฿3.92 Billion
≈ $122.13 Million
-7.05%
2022-12-31 ฿4.22 Billion
≈ $131.40 Million
-22.22%
2021-12-31 ฿5.42 Billion
≈ $168.94 Million
+19.37%
2020-12-31 ฿4.54 Billion
≈ $141.52 Million
+3.42%
2019-12-31 ฿4.39 Billion
≈ $136.84 Million
-10.67%
2018-12-31 ฿4.91 Billion
≈ $153.19 Million
+1.45%
2017-12-31 ฿4.84 Billion
≈ $151.00 Million
+30.66%
2016-12-31 ฿3.71 Billion
≈ $115.57 Million
+11.76%
2015-12-31 ฿3.32 Billion
≈ $103.41 Million
-17.07%
2014-12-31 ฿4.00 Billion
≈ $124.71 Million
+15.81%
2013-12-31 ฿3.45 Billion
≈ $107.69 Million
-14.83%
2012-12-31 ฿4.06 Billion
≈ $126.44 Million
+17.70%
2011-12-31 ฿3.45 Billion
≈ $107.42 Million
+6.08%
2010-12-31 ฿3.25 Billion
≈ $101.27 Million
+8.05%
2009-12-31 ฿3.01 Billion
≈ $93.72 Million
+34.96%
2008-12-31 ฿2.23 Billion
≈ $69.44 Million
-7.25%
2007-12-31 ฿2.40 Billion
≈ $74.87 Million
+5.66%
2006-12-31 ฿2.27 Billion
≈ $70.86 Million
+22.55%
2005-12-31 ฿1.86 Billion
≈ $57.82 Million
+5.67%
2004-12-31 ฿1.76 Billion
≈ $54.72 Million
+52.42%
2003-12-31 ฿1.15 Billion
≈ $35.90 Million
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About Pacific Pipe Public Company Limited

BK:PAP Thailand Steel
Market Cap
$67.89 Million
฿2.18 Billion THB
Market Cap Rank
#20833 Global
#343 in Thailand
Share Price
฿3.30
Change (1 day)
-1.20%
52-Week Range
฿1.85 - ฿3.58
All Time High
฿5.92
About

Pacific Pipe Public Company Limited engages in the manufacture and distribution of structural steels and steel pipes in Thailand. The company offers black steel pipes and GI pipes in the form of round pipes, square pipes, flat pipes, C-shaped steel, pressure-resistant steel pipes, and steel sheets, as well as plates and hot-rolled coils. In addition, it engages in steel fabrication activities, su… Read more