Premier Quality Starch PCL
Premier Quality Starch Public Company Limited engages in the industrial factory business of starch, modified starch, and all kinds of processed starch in Thailand. It also produces and distributes electricity generated from biogas and rooftop solar power. The company was incorporated in 2005 and is headquartered in Mukdahan, Thailand.
Premier Quality Starch PCL (PQS) - Total Assets
Latest total assets as of June 2024: ฿2.80 Billion THB
Based on the latest financial reports, Premier Quality Starch PCL (PQS) holds total assets worth ฿2.80 Billion THB as of June 2024.
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.
Premier Quality Starch PCL - Total Assets Trend (2018–2023)
This chart illustrates how Premier Quality Starch PCL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Premier Quality Starch PCL - Asset Composition Analysis
Current Asset Composition (December 2023)
Premier Quality Starch PCL's total assets of ฿2.80 Billion consist of 39.0% current assets and 61.0% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 23.5% |
| Accounts Receivable | ฿111.26 Million | 4.4% |
| Inventory | ฿242.30 Million | 9.7% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿9.46 Million | 0.4% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Premier Quality Starch PCL'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: Premier Quality Starch PCL's current assets represent 39.0% of total assets in 2023, an increase from 16.8% in 2018.
- Cash Position: Cash and equivalents constituted 23.5% of total assets in 2023, up from 0.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 9.7% of total assets.
Premier Quality Starch PCL Competitors by Total Assets
Key competitors of Premier Quality Starch PCL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
Premier Quality Starch PCL - 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
Strong asset utilization - Premier Quality Starch PCL generates 0.93x 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, Premier Quality Starch PCL generates $5.41 in net profit.
Premier Quality Starch PCL - 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 | 1.79 | 10.82 | 1.32 |
| Quick Ratio | 1.04 | 10.27 | 0.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿415.82 Million | ฿ 891.78 Million | ฿ 112.76 Million |
Premier Quality Starch PCL - Advanced Valuation Insights
This section examines the relationship between Premier Quality Starch PCL'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 | 0.53 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 40.8% |
| Total Assets | ฿2.51 Billion |
| Market Capitalization | $9.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Premier Quality Starch PCL's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Premier Quality Starch PCL's assets grew by 40.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Premier Quality Starch PCL (2018–2023)
The table below shows the annual total assets of Premier Quality Starch PCL from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ฿2.51 Billion | +40.77% |
| 2022-12-31 | ฿1.78 Billion | +14.38% |
| 2021-12-31 | ฿1.56 Billion | +14.80% |
| 2020-12-31 | ฿1.36 Billion | +1.38% |
| 2019-12-31 | ฿1.34 Billion | +9.34% |
| 2018-12-31 | ฿1.23 Billion | -- |