Solartron Public Company Limited (SOLAR) - Total Assets

Latest as of September 2025: ฿1.56 Billion THB ≈ $48.77 Million USD

Based on the latest financial reports, Solartron Public Company Limited (SOLAR) holds total assets worth ฿1.56 Billion THB (≈ $48.77 Million USD) 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. See SOLAR total equity for net asset value and shareholders' equity analysis.

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.

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. For live market cap, price, and company overview, see SOLAR market cap overview.

Show as percentage

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
Clearvue Technologies Ltd AU:CPV	Australia	AU$12.51 Million
Mpower Group Ltd AU:MPR	Australia	AU$14.99 Million
Clear Blue Technologies International Inc V:CBLU	Canada	CA$5.95 Million
Solar Alliance Energy Inc V:SOLR	Canada	CA$866.77K
Aurora Solar Technologies Inc V:ACU	Canada	CA$6.24 Million
Tongwei Co Ltd SHG:600438	China	CN¥201.32 Billion
Trina Solar Co Ltd SHG:688599	China	CN¥123.83 Billion
JA Solar Technology Co Ltd SHE:002459	China	CN¥105.38 Billion

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	0.01
Asset Growth Rate (YoY)	-16.7%
Total Assets	฿1.65 Billion
Market Capitalization	$13.44 Million USD

Valuation Analysis

Below Book Valuation: The market values Solartron Public Company Limited's assets below their book value (0.01x), 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 ≈ $51.31 Million	-16.67%
2023-12-31	฿1.98 Billion ≈ $61.58 Million	+9.81%
2022-12-31	฿1.80 Billion ≈ $56.08 Million	-14.93%
2021-12-31	฿2.11 Billion ≈ $65.92 Million	+10.05%
2020-12-31	฿1.92 Billion ≈ $59.90 Million	-22.30%
2019-12-31	฿2.47 Billion ≈ $77.09 Million	-16.84%
2018-12-31	฿2.97 Billion ≈ $92.70 Million	-20.39%
2017-12-31	฿3.74 Billion ≈ $116.44 Million	-6.89%
2016-12-31	฿4.01 Billion ≈ $125.06 Million	+13.95%
2015-12-31	฿3.52 Billion ≈ $109.75 Million	+59.34%
2014-12-31	฿2.21 Billion ≈ $68.88 Million	+1.22%
2013-12-31	฿2.18 Billion ≈ $68.05 Million	-9.30%
2012-12-31	฿2.41 Billion ≈ $75.03 Million	+29.58%
2011-12-31	฿1.86 Billion ≈ $57.90 Million	+51.91%
2010-12-31	฿1.22 Billion ≈ $38.11 Million	+37.57%
2009-12-31	฿888.86 Million ≈ $27.71 Million	-8.75%
2008-12-31	฿974.05 Million ≈ $30.36 Million	+1.54%
2007-12-31	฿959.24 Million ≈ $29.90 Million	-24.28%
2006-12-31	฿1.27 Billion ≈ $39.49 Million	+5.91%
2005-12-31	฿1.20 Billion ≈ $37.28 Million	+12.09%
2004-12-31	฿1.07 Billion ≈ $33.26 Million	+531.12%
2003-12-31	฿169.08 Million ≈ $5.27 Million	--

About Solartron Public Company Limited

BK:SOLAR Thailand Solar

Market Cap

$13.44 Million

฿431.35 Million THB

Market Cap Rank

#26137 Global

#536 in Thailand

Share Price

฿0.33

Change (1 day)

+10.00%

52-Week Range

฿0.15 - ฿0.43

All Time High

฿12.40