Star Petroleum Refining Public Company Limited

BK:SPRC-R Thailand Oil & Gas Refining & Marketing
Market Cap
$844.04 Million
฿29.27 Billion THB
Market Cap Rank
#12271 Global
#65 in Thailand
Share Price
฿6.75
Change (1 day)
+0.00%
52-Week Range
฿6.75 - ฿6.75
All Time High
฿13.28
About

Star Petroleum Refining Public Company Limited operates a petroleum refinery in the Rayong Province of Thailand. It also produces and sells petroleum products, including liquefied petroleum gas, gasoline, diesel, jet fuel, fuel oil, petrochemical feedstocks; and polymer grade propylene, chemical grade naphtha, asphalt, and other products. The company exports its petroleum products to Laos, Cambod… Read more

Star Petroleum Refining Public Company Limited (SPRC-R) - Total Assets

Latest total assets as of June 2024: ฿79.77 Billion THB

Based on the latest financial reports, Star Petroleum Refining Public Company Limited (SPRC-R) holds total assets worth ฿79.77 Billion 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.

Star Petroleum Refining Public Company Limited - Total Assets Trend (2016–2023)

This chart illustrates how Star Petroleum Refining Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Star Petroleum Refining Public Company Limited - Asset Composition Analysis

Current Asset Composition (December 2023)

Star Petroleum Refining Public Company Limited's total assets of ฿79.77 Billion consist of 63.5% current assets and 36.5% non-current assets.

Asset Category Amount (THB) % of Total Assets
Cash & Equivalents ฿0.00 0.7%
Accounts Receivable ฿16.78 Billion 25.6%
Inventory ฿23.74 Billion 36.2%
Property, Plant & Equipment ฿0.00 0.0%
Intangible Assets ฿0.00 0.0%
Goodwill ฿0.00 0.0%

Asset Composition Trend (2016–2023)

This chart illustrates how Star Petroleum Refining 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: Star Petroleum Refining Public Company Limited's current assets represent 63.5% of total assets in 2023, an increase from 39.4% in 2016.
  • Cash Position: Cash and equivalents constituted 0.7% of total assets in 2023, up from 0.4% 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 inventory at 36.2% of total assets.

Star Petroleum Refining Public Company Limited Competitors by Total Assets

Key competitors of Star Petroleum Refining Public Company Limited based on total assets are shown below.

Company Country Total Assets
Shenzhen Guangju Energy Co Ltd
SHE:000096
China CN¥3.35 Billion
Shandong Shengli Co Ltd
SHE:000407
China CN¥6.05 Billion
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
China CN¥1.77 Billion
Jiangsu Gaoke Petrochemical Co
SHE:002778
China CN¥905.01 Million
Hankook Shell Oil
KO:002960
Korea ₩188.72 Billion
Mi Chang Oil
KO:003650
Korea ₩512.60 Billion
SK Discovery Co Ltd
KO:006120
Korea ₩15.46 Trillion
S-Oil Corp
KO:010950
Korea ₩24.99 Trillion

Star Petroleum Refining 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

Historical Range: 2.57 - 4.44

Strong asset utilization - Star Petroleum Refining Public Company Limited generates 3.61x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -12.90% - 14.88%

Negative ROA - Star Petroleum Refining Public Company Limited is currently not profitable relative to its asset base.

Star Petroleum Refining 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 1.99 1.69 1.63
Quick Ratio 0.70 0.60 0.72
Cash Ratio 0.00 0.00 0.00
Working Capital ฿24.79 Billion ฿ 13.92 Billion ฿ 10.78 Billion

Star Petroleum Refining Public Company Limited - Advanced Valuation Insights

This section examines the relationship between Star Petroleum Refining 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 0.77
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 3.7%
Total Assets ฿65.66 Billion
Market Capitalization $328.43 Million USD

Valuation Analysis

Below Book Valuation: The market values Star Petroleum Refining Public Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Star Petroleum Refining Public Company Limited's assets grew by 3.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Star Petroleum Refining Public Company Limited (2016–2023)

The table below shows the annual total assets of Star Petroleum Refining Public Company Limited from 2016 to 2023.

Year Total Assets Change
2023-12-31 ฿65.66 Billion +3.75%
2022-12-31 ฿63.29 Billion +7.77%
2021-12-31 ฿58.73 Billion +26.18%
2020-12-31 ฿46.54 Billion -14.28%
2019-12-31 ฿54.29 Billion -1.30%
2018-12-31 ฿55.01 Billion -8.00%
2017-12-31 ฿59.80 Billion -0.65%
2016-12-31 ฿60.19 Billion --