Premier Tank Corp. PCL
Premier Tank Corporation Public Company Limited provides oil and fuel tank farm services for receiving, storage, blending, and distributing petroleum products and other hazardous substances in Thailand. The company operates Khonkaen and Sisaket oil terminals in the Northeastern region. It also produces, procures, and sells tap water filtration systems for household consumption. The company was fo… Read more
Premier Tank Corp. PCL (PTC) - Total Assets
Latest total assets as of September 2025: ฿903.43 Million THB
Based on the latest financial reports, Premier Tank Corp. PCL (PTC) holds total assets worth ฿903.43 Million 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.
Premier Tank Corp. PCL - Total Assets Trend (2016–2024)
This chart illustrates how Premier Tank Corp. PCL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Premier Tank Corp. PCL - Asset Composition Analysis
Current Asset Composition (December 2024)
Premier Tank Corp. PCL's total assets of ฿903.43 Million consist of 44.9% current assets and 55.1% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 15.1% |
| Accounts Receivable | ฿18.42 Million | 2.0% |
| Inventory | ฿0.00 | 0.0% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿2.79 Million | 0.3% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Premier Tank Corp. 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 Tank Corp. PCL's current assets represent 44.9% of total assets in 2024, an increase from 12.3% in 2016.
- Cash Position: Cash and equivalents constituted 15.1% of total assets in 2024, up from 5.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 2.0% of total assets.
Premier Tank Corp. PCL Competitors by Total Assets
Key competitors of Premier Tank Corp. PCL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Shengli Co Ltd
SHE:000407
|
China | CN¥6.05 Billion |
|
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
|
China | CN¥1.77 Billion |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
China | CN¥905.01 Million |
|
Hankook Shell Oil
KO:002960
|
Korea | ₩188.72 Billion |
|
Mi Chang Oil
KO:003650
|
Korea | ₩512.60 Billion |
|
SK Discovery Co Ltd
KO:006120
|
Korea | ₩15.46 Trillion |
|
S-Oil Corp
KO:010950
|
Korea | ₩24.99 Trillion |
|
The LEADCORP Inc
KQ:012700
|
Korea | ₩1.05 Trillion |
Premier Tank Corp. 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
Lower asset utilization - Premier Tank Corp. PCL generates 0.15x 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 Tank Corp. PCL generates $5.10 in net profit.
Premier Tank Corp. 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 | 98.23 | 36.52 | 0.41 |
| Quick Ratio | 98.23 | 36.52 | 0.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿403.40 Million | ฿ 396.29 Million | ฿ -72.51 Million |
Premier Tank Corp. PCL - Advanced Valuation Insights
This section examines the relationship between Premier Tank Corp. 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 | 0.28 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.7% |
| Total Assets | ฿920.70 Million |
| Market Capitalization | $3.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Premier Tank Corp. PCL's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Premier Tank Corp. PCL's assets grew by 1.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Premier Tank Corp. PCL (2016–2024)
The table below shows the annual total assets of Premier Tank Corp. PCL from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿920.70 Million | +1.69% |
| 2023-12-31 | ฿905.38 Million | +4.94% |
| 2022-12-31 | ฿862.78 Million | +43.48% |
| 2021-12-31 | ฿601.33 Million | -4.07% |
| 2020-12-31 | ฿626.84 Million | -2.30% |
| 2019-12-31 | ฿641.61 Million | +0.39% |
| 2018-12-31 | ฿639.09 Million | -12.57% |
| 2017-12-31 | ฿730.96 Million | +28.53% |
| 2016-12-31 | ฿568.69 Million | -- |