Thai Union Feedmill PCL
Thai Union Feedmill Public Company Limited, together with its subsidiaries, manufactures and distributes animal feeds in Thailand, Sri Lanka, Pakistan, Indonesia, and internationally. The company operates through four segments: Shrimp Feed Products, Fish Feed Products, Livestock Feed Products, and Others. It offers aquaculture feed products for shrimp, fish, and frog; and livestock feed products … Read more
Thai Union Feedmill PCL (TFM) - Total Assets
Latest total assets as of June 2025: ฿3.78 Billion THB
Based on the latest financial reports, Thai Union Feedmill PCL (TFM) holds total assets worth ฿3.78 Billion THB as of June 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.
Thai Union Feedmill PCL - Total Assets Trend (2015–2024)
This chart illustrates how Thai Union Feedmill PCL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thai Union Feedmill PCL - Asset Composition Analysis
Current Asset Composition (December 2024)
Thai Union Feedmill PCL's total assets of ฿3.78 Billion consist of 62.7% current assets and 37.3% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 27.9% |
| Accounts Receivable | ฿766.58 Million | 19.9% |
| Inventory | ฿492.04 Million | 12.8% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿176.00K | 0.0% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Thai Union Feedmill PCL'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: Thai Union Feedmill PCL's current assets represent 62.7% of total assets in 2024, an increase from 32.4% in 2015.
- Cash Position: Cash and equivalents constituted 27.9% of total assets in 2024, up from 0.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 19.9% of total assets.
Thai Union Feedmill PCL Competitors by Total Assets
Key competitors of Thai Union Feedmill PCL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
Thai Union Feedmill PCL - 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
Strong asset utilization - Thai Union Feedmill PCL generates 1.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Thai Union Feedmill PCL generates $ 13.89 in net profit.
Thai Union Feedmill PCL - 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 | 2.48 | 3.06 | 1.30 |
| Quick Ratio | 1.99 | 2.34 | 0.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿1.36 Billion | ฿ 1.40 Billion | ฿ 269.24 Million |
Thai Union Feedmill PCL - Advanced Valuation Insights
This section examines the relationship between Thai Union Feedmill PCL'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 | 2.78 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 15.9% |
| Total Assets | ฿3.86 Billion |
| Market Capitalization | $32.09 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thai Union Feedmill PCL's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Thai Union Feedmill PCL's assets grew by 15.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Thai Union Feedmill PCL (2015–2024)
The table below shows the annual total assets of Thai Union Feedmill PCL from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.86 Billion | +15.86% |
| 2023-12-31 | ฿3.33 Billion | +3.94% |
| 2022-12-31 | ฿3.20 Billion | -4.24% |
| 2021-12-31 | ฿3.34 Billion | +33.82% |
| 2020-12-31 | ฿2.50 Billion | +11.54% |
| 2019-12-31 | ฿2.24 Billion | -0.68% |
| 2018-12-31 | ฿2.26 Billion | -1.49% |
| 2017-12-31 | ฿2.29 Billion | -18.75% |
| 2016-12-31 | ฿2.82 Billion | +15.67% |
| 2015-12-31 | ฿2.44 Billion | -- |