Sermsang Power Corporation Public Company Limited (SSP) - Total Assets

Latest as of September 2025: ฿25.38 Billion THB ≈ $791.08 Million USD

Based on the latest financial reports, Sermsang Power Corporation Public Company Limited (SSP) holds total assets worth ฿25.38 Billion THB (≈ $791.08 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. Explore how much of Sermsang Power Corporation Public Compan's assets are long-term investments to see how much of total assets are deployed in 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. Check asset resilience ratio of Sermsang Power Corporation Public Compan to evaluate the company's liquid asset resilience ratio.

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. For live market cap, price, and company overview, see how much is Sermsang Power Corporation Public Compan worth.

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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
GD Power Development Co Ltd SHG:600795	China	CN¥522.35 Billion
China Longyuan Power Group Corporation Limited F:6WX	Germany	€266.65 Billion
CECEP Solar Energy Co Ltd SHE:000591	China	CN¥52.84 Billion
Nyocor Co Ltd SHG:600821	China	CN¥40.61 Billion
Auren Energia S.A. SA:AURE3	Brazil	R$47.38 Billion
Zhongmin Energy Co Ltd SHG:600163	China	CN¥11.79 Billion
PNE AG XETRA:PNE3	Germany	€1.29 Billion
EnviTec Biogas AG XETRA:ETG	Germany	€429.01 Million

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	0.01
Asset Growth Rate (YoY)	17.2%
Total Assets	฿24.69 Billion
Market Capitalization	$142.45 Million USD

Valuation Analysis

Below Book Valuation: The market values Sermsang Power Corporation Public Company Limited's assets below their book value (0.01x), 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 ≈ $769.57 Million	+17.20%
2023-12-31	฿21.07 Billion ≈ $656.64 Million	-1.06%
2022-12-31	฿21.29 Billion ≈ $663.65 Million	-11.52%
2021-12-31	฿24.06 Billion ≈ $750.03 Million	+49.42%
2020-12-31	฿16.10 Billion ≈ $501.95 Million	+23.45%
2019-12-31	฿13.05 Billion ≈ $406.61 Million	+9.69%
2018-12-31	฿11.89 Billion ≈ $370.69 Million	+43.81%
2017-12-31	฿8.27 Billion ≈ $257.76 Million	+66.64%
2016-12-31	฿4.96 Billion ≈ $154.68 Million	+36.90%
2015-12-31	฿3.62 Billion ≈ $112.98 Million	+18.51%
2014-12-31	฿3.06 Billion ≈ $95.33 Million	--

About Sermsang Power Corporation Public Company Limited

BK:SSP Thailand Utilities - Renewable

Market Cap

$142.45 Million

฿4.57 Billion THB

Market Cap Rank

#17927 Global

#234 in Thailand

Share Price

฿3.66

Change (1 day)

+0.55%

52-Week Range

฿3.04 - ฿4.70

All Time High

฿12.95