Solartron Public Company Limited
Solartron Public Company Limited, together with its subsidiaries, engages in manufacturing, distribution, selling, and installation of solar-cell systems and related equipment in Thailand and internationally. It operates through Selling and Installation of Solar - Cell Systems; Distribution Solar " Cell; and Sale of Electricity segments. The company offers solar cell and modules. It also provides… Read more
Solartron Public Company Limited (SOLAR) - Total Assets
Latest total assets as of September 2025: ฿1.56 Billion THB
Based on the latest financial reports, Solartron Public Company Limited (SOLAR) holds total assets worth ฿1.56 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.
Solartron Public Company Limited - Total Assets Trend (2003–2024)
This chart illustrates how Solartron Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Solartron Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Solartron Public Company Limited's total assets of ฿1.56 Billion consist of 13.1% current assets and 87.0% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 0.9% |
| Accounts Receivable | ฿120.24 Million | 7.3% |
| Inventory | ฿35.16 Million | 2.1% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿13.36 Million | 0.8% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how Solartron 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: Solartron Public Company Limited's current assets represent 13.1% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 1.8% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 7.3% of total assets.
Solartron Public Company Limited Competitors by Total Assets
Key competitors of Solartron Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Solartron 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
Lower asset utilization - Solartron Public Company Limited generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Solartron Public Company Limited is currently not profitable relative to its asset base.
Solartron 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 | 0.51 | 0.44 | 0.30 |
| Quick Ratio | 0.51 | 0.35 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿-255.30 Million | ฿ -303.01 Million | ฿ -485.96 Million |
Solartron Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Solartron 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 | 0.36 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -16.7% |
| Total Assets | ฿1.65 Billion |
| Market Capitalization | $4.79 Million USD |
Valuation Analysis
Below Book Valuation: The market values Solartron Public Company Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Solartron Public Company Limited's assets decreased by 16.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Solartron Public Company Limited (2003–2024)
The table below shows the annual total assets of Solartron Public Company Limited from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.65 Billion | -16.67% |
| 2023-12-31 | ฿1.98 Billion | +9.81% |
| 2022-12-31 | ฿1.80 Billion | -14.93% |
| 2021-12-31 | ฿2.11 Billion | +10.05% |
| 2020-12-31 | ฿1.92 Billion | -22.30% |
| 2019-12-31 | ฿2.47 Billion | -16.84% |
| 2018-12-31 | ฿2.97 Billion | -20.39% |
| 2017-12-31 | ฿3.74 Billion | -6.89% |
| 2016-12-31 | ฿4.01 Billion | +13.95% |
| 2015-12-31 | ฿3.52 Billion | +59.34% |
| 2014-12-31 | ฿2.21 Billion | +1.22% |
| 2013-12-31 | ฿2.18 Billion | -9.30% |
| 2012-12-31 | ฿2.41 Billion | +29.58% |
| 2011-12-31 | ฿1.86 Billion | +51.91% |
| 2010-12-31 | ฿1.22 Billion | +37.57% |
| 2009-12-31 | ฿888.86 Million | -8.75% |
| 2008-12-31 | ฿974.05 Million | +1.54% |
| 2007-12-31 | ฿959.24 Million | -24.28% |
| 2006-12-31 | ฿1.27 Billion | +5.91% |
| 2005-12-31 | ฿1.20 Billion | +12.09% |
| 2004-12-31 | ฿1.07 Billion | +531.12% |
| 2003-12-31 | ฿169.08 Million | -- |