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. Explore Pacific Pipe Public Company Limited cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

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. See Pacific Pipe Public Company Limited book value and equity for net asset value and shareholders' equity analysis.

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.

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. For live market cap, price, and company overview, see Pacific Pipe Public Company Limited market capitalisation.

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
Tang Eng Iron Works Co Ltd
TWO:2035
Taiwan NT$17.45 Billion
APL Apollo Tubes Limited
NSE:APLAPOLLO
India Rs88.33 Billion
Nanjing Iron & Steel Co Ltd
SHG:600282
China CN¥70.14 Billion
Godawari Power And Ispat limited
NSE:GPIL
India Rs62.57 Billion
Bengang Steel Plates Co Ltd
SHE:000761
China CN¥47.31 Billion
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686
China CN¥26.74 Billion
BCI Minerals Ltd
AU:BCI
Australia AU$1.20 Billion
Shengtak New Material Co Ltd
SHE:300881
China CN¥3.27 Billion

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 0.01
Asset Growth Rate (YoY) -1.4%
Total Assets ฿3.88 Billion
Market Capitalization $52.25 Million USD

Valuation Analysis

Below Book Valuation: The market values Pacific Pipe Public Company Limited's assets below their book value (0.01x), 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
$52.25 Million
฿1.68 Billion THB
Market Cap Rank
#21733 Global
#374 in Thailand
Share Price
฿2.54
Change (1 day)
-1.55%
52-Week Range
฿1.74 - ฿2.64
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