Plus Tech Innovation PCL
Plus Tech Innovation Public Company Limited, together with its subsidiaries, engages in the manufacture and sale of plastic cards and vending machines in Thailand and rest of Asia. The company offers plastic cards, such as EMV, smart, near field communication business, top up, member, and specialty cards; produces credit cards; and fingerprint card and dynamic card verification value, as well as … Read more
Plus Tech Innovation PCL (PTECH) - Total Assets
Latest total assets as of September 2025: ฿532.61 Million THB
Based on the latest financial reports, Plus Tech Innovation PCL (PTECH) holds total assets worth ฿532.61 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.
Plus Tech Innovation PCL - Total Assets Trend (2007–2024)
This chart illustrates how Plus Tech Innovation PCL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Plus Tech Innovation PCL - Asset Composition Analysis
Current Asset Composition (December 2024)
Plus Tech Innovation PCL's total assets of ฿532.61 Million consist of 13.5% current assets and 86.5% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 1.9% |
| Accounts Receivable | ฿41.85 Million | 3.1% |
| Inventory | ฿82.09 Million | 6.0% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿62.29 Million | 4.6% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Plus Tech Innovation 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: Plus Tech Innovation PCL's current assets represent 13.5% of total assets in 2024, a decrease from 57.9% in 2007.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2024, down from 20.3% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 6.0% of total assets.
Plus Tech Innovation PCL Competitors by Total Assets
Key competitors of Plus Tech Innovation PCL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
China | CN¥6.73 Billion |
|
IRIS Corporation Bhd
KLSE:0010
|
Malaysia | RM619.16 Million |
|
Guangzhou KingTeller Technology Co Ltd
SHE:002177
|
China | CN¥1.73 Billion |
|
Guangbo Group Stock Co Ltd
SHE:002103
|
China | CN¥2.20 Billion |
|
Hengbao Co Ltd
SHE:002104
|
China | CN¥2.39 Billion |
|
GRG Banking Equipment Co Ltd
SHE:002152
|
China | CN¥29.10 Billion |
|
Shenzhen Comix Group Co Ltd
SHE:002301
|
China | CN¥8.56 Billion |
|
Shandong New Beiyang Information Technology Co Ltd
SHE:002376
|
China | CN¥5.77 Billion |
Plus Tech Innovation 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
Moderate asset utilization - Plus Tech Innovation PCL generates 0.50x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Plus Tech Innovation PCL is currently not profitable relative to its asset base.
Plus Tech Innovation 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 | 1.36 | 0.41 | 0.89 |
| Quick Ratio | 1.03 | 0.29 | 0.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿62.52 Million | ฿ -470.04 Million | ฿ -82.24 Million |
Plus Tech Innovation PCL - Advanced Valuation Insights
This section examines the relationship between Plus Tech Innovation 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 | 2.08 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -34.0% |
| Total Assets | ฿1.36 Billion |
| Market Capitalization | $2.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Plus Tech Innovation PCL's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Plus Tech Innovation PCL's assets decreased by 34.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Plus Tech Innovation PCL (2007–2024)
The table below shows the annual total assets of Plus Tech Innovation PCL from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.36 Billion | -33.98% |
| 2023-12-31 | ฿2.06 Billion | +5.35% |
| 2022-12-31 | ฿1.96 Billion | +33.41% |
| 2021-12-31 | ฿1.47 Billion | -24.18% |
| 2020-12-31 | ฿1.93 Billion | +53.76% |
| 2019-12-31 | ฿1.26 Billion | +4.94% |
| 2018-12-31 | ฿1.20 Billion | +17.16% |
| 2017-12-31 | ฿1.02 Billion | +2.57% |
| 2016-12-31 | ฿997.07 Million | +16.33% |
| 2015-12-31 | ฿857.13 Million | -6.88% |
| 2014-12-31 | ฿920.47 Million | +4.75% |
| 2013-12-31 | ฿878.77 Million | +2.60% |
| 2012-12-31 | ฿856.54 Million | +0.63% |
| 2011-12-31 | ฿851.16 Million | +8.35% |
| 2010-12-31 | ฿785.59 Million | +0.50% |
| 2009-12-31 | ฿781.71 Million | -0.02% |
| 2008-12-31 | ฿781.85 Million | +0.47% |
| 2007-12-31 | ฿778.18 Million | -- |