Readyplanet PCL
Readyplanet Public Company Limited operates as a sales and marketing platform company. Its platform offers website creation and management, online advertising, and customer relationship management. The company also operates a hotel direct booking platform for hotels and resorts. The company was incorporated in 2000 and is based in Bangkok, Thailand.
Readyplanet PCL (READY) - Total Assets
Latest total assets as of June 2024: ฿383.25 Million THB
Based on the latest financial reports, Readyplanet PCL (READY) holds total assets worth ฿383.25 Million 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.
Readyplanet PCL - Total Assets Trend (2020–2023)
This chart illustrates how Readyplanet PCL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Readyplanet PCL - Asset Composition Analysis
Current Asset Composition (December 2023)
Readyplanet PCL's total assets of ฿383.25 Million consist of 64.7% current assets and 35.3% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 44.6% |
| Accounts Receivable | ฿26.81 Million | 7.1% |
| Inventory | ฿0.00 | 0.0% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿95.03 Million | 25.0% |
| Goodwill | ฿2.70 Million | 0.7% |
Asset Composition Trend (2020–2023)
This chart illustrates how Readyplanet 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: Readyplanet PCL's current assets represent 64.7% of total assets in 2023, an increase from 51.5% in 2020.
- Cash Position: Cash and equivalents constituted 44.6% of total assets in 2023, up from 22.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, a decrease from 34.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 25.0% of total assets.
Readyplanet PCL Competitors by Total Assets
Key competitors of Readyplanet PCL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Readyplanet 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 - Readyplanet PCL generates 0.49x 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, Readyplanet PCL generates $7.91 in net profit.
Readyplanet 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 | 1.87 | 1.76 | 1.76 |
| Quick Ratio | 1.87 | 1.76 | 1.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿114.63 Million | ฿ 101.47 Million | ฿ 101.47 Million |
Readyplanet PCL - Advanced Valuation Insights
This section examines the relationship between Readyplanet 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 | 1.74 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 48.3% |
| Total Assets | ฿380.53 Million |
| Market Capitalization | $3.04 Million USD |
Valuation Analysis
Below Book Valuation: The market values Readyplanet PCL's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Readyplanet PCL's assets grew by 48.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Readyplanet PCL (2020–2023)
The table below shows the annual total assets of Readyplanet PCL from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ฿380.53 Million | +48.26% |
| 2022-12-31 | ฿256.66 Million | +2.63% |
| 2021-12-31 | ฿250.08 Million | +0.70% |
| 2020-12-31 | ฿248.33 Million | -- |