Sermsang Power Corporation Public Company Limited
Sermsang Power Corporation Public Company Limited operates in the renewable energy business in Thailand, Japan, Vietnam, Mongolia, and Indonesia. The company produces electricity through solar farms, wind power plants, biomass power plants, etc. It also engages in the installation and services of solar roof systems. In addition, the company provides investment and consultancy services. Further, i… Read more
Sermsang Power Corporation Public Company Limited (SSP) - Total Assets
Latest total assets as of September 2025: ฿25.38 Billion THB
Based on the latest financial reports, Sermsang Power Corporation Public Company Limited (SSP) holds total assets worth ฿25.38 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.
Sermsang Power Corporation Public Company Limited - Total Assets Trend (2014–2024)
This chart illustrates how Sermsang Power Corporation Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sermsang Power Corporation Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Sermsang Power Corporation Public Company Limited's total assets of ฿25.38 Billion consist of 14.7% current assets and 85.3% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 6.5% |
| Accounts Receivable | ฿750.33 Million | 3.0% |
| Inventory | ฿45.37 Million | 0.2% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿2.99 Billion | 12.1% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Sermsang Power Corporation 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: Sermsang Power Corporation Public Company Limited's current assets represent 14.7% of total assets in 2024, an increase from 6.4% in 2014.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2024, up from 3.3% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 12.1% of total assets.
Sermsang Power Corporation Public Company Limited Competitors by Total Assets
Key competitors of Sermsang Power Corporation Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
Guangdong Electric Power Development Co Ltd
SHE:000539
|
China | CN¥182.32 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
Sermsang Power Corporation 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 - Sermsang Power Corporation Public Company Limited generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Sermsang Power Corporation Public Company Limited generates $ 3.06 in net profit.
Sermsang Power Corporation 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 | 1.08 | 0.99 | 1.39 |
| Quick Ratio | 1.07 | 0.98 | 1.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿246.90 Million | ฿ -33.47 Million | ฿ 617.32 Million |
Sermsang Power Corporation Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Sermsang Power Corporation 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 | 0.55 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 17.2% |
| Total Assets | ฿24.69 Billion |
| Market Capitalization | $44.71 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sermsang Power Corporation Public Company Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sermsang Power Corporation Public Company Limited's assets grew by 17.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sermsang Power Corporation Public Company Limited (2014–2024)
The table below shows the annual total assets of Sermsang Power Corporation Public Company Limited from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿24.69 Billion | +17.20% |
| 2023-12-31 | ฿21.07 Billion | -1.06% |
| 2022-12-31 | ฿21.29 Billion | -11.52% |
| 2021-12-31 | ฿24.06 Billion | +49.42% |
| 2020-12-31 | ฿16.10 Billion | +23.45% |
| 2019-12-31 | ฿13.05 Billion | +9.69% |
| 2018-12-31 | ฿11.89 Billion | +43.81% |
| 2017-12-31 | ฿8.27 Billion | +66.64% |
| 2016-12-31 | ฿4.96 Billion | +36.90% |
| 2015-12-31 | ฿3.62 Billion | +18.51% |
| 2014-12-31 | ฿3.06 Billion | -- |