nForce Secure Public Company Limited
nForce Secure Public Company Limited engages in the sale of computer hardware and software, all related equipment, and network communication equipment and software in Thailand. The company offers application, cloud, email, endpoint, network, and PDPA and data security software products; identity management, network performance and monitoring, network operating platform solutions; and other produc… Read more
nForce Secure Public Company Limited (SECURE) - Total Assets
Latest total assets as of September 2025: ฿1.00 Billion THB
Based on the latest financial reports, nForce Secure Public Company Limited (SECURE) holds total assets worth ฿1.00 Billion 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.
nForce Secure Public Company Limited - Total Assets Trend (2016–2024)
This chart illustrates how nForce Secure Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
nForce Secure Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
nForce Secure Public Company Limited's total assets of ฿1.00 Billion consist of 87.4% current assets and 12.6% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 44.0% |
| Accounts Receivable | ฿338.67 Million | 33.3% |
| Inventory | ฿37.82 Million | 3.7% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿4.78 Million | 0.5% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how nForce Secure 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: nForce Secure Public Company Limited's current assets represent 87.4% of total assets in 2024, an increase from 82.4% in 2016.
- Cash Position: Cash and equivalents constituted 44.0% of total assets in 2024, up from 23.3% 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 33.3% of total assets.
nForce Secure Public Company Limited Competitors by Total Assets
Key competitors of nForce Secure Public Company Limited 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 |
nForce Secure Public Company Limited - 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 - nForce Secure Public Company Limited generates 1.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, nForce Secure Public Company Limited generates $ 11.37 in net profit.
nForce Secure 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 | 4.21 | 4.58 | 1.42 |
| Quick Ratio | 3.88 | 4.26 | 1.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿691.04 Million | ฿ 588.44 Million | ฿ 68.90 Million |
nForce Secure Public Company Limited - Advanced Valuation Insights
This section examines the relationship between nForce Secure 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 | 1.86 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 11.8% |
| Total Assets | ฿1.02 Billion |
| Market Capitalization | $12.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values nForce Secure Public Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: nForce Secure Public Company Limited's assets grew by 11.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for nForce Secure Public Company Limited (2016–2024)
The table below shows the annual total assets of nForce Secure Public Company Limited from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.02 Billion | +11.76% |
| 2023-12-31 | ฿909.75 Million | +12.06% |
| 2022-12-31 | ฿811.87 Million | +10.31% |
| 2021-12-31 | ฿736.02 Million | +141.37% |
| 2020-12-31 | ฿304.93 Million | -0.12% |
| 2019-12-31 | ฿305.29 Million | +44.43% |
| 2018-12-31 | ฿211.37 Million | +10.34% |
| 2017-12-31 | ฿191.56 Million | -14.37% |
| 2016-12-31 | ฿223.71 Million | -- |