TOA Paint (Thailand) Public Company Limited
TOA Paint (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes paints and chemicals in Thailand, Vietnam, Laos, Myanmar, Cambodia, Indonesia, and Malaysia. The company provides construction chemicals, special paints, gypsum, hardware and power tools, and tile, as well as decorative, metal, heavy duty, and wood coatings. It also manufactures and distribut… Read more
TOA Paint (Thailand) Public Company Limited (TOA) - Total Assets
Latest total assets as of September 2025: ฿20.61 Billion THB
Based on the latest financial reports, TOA Paint (Thailand) Public Company Limited (TOA) holds total assets worth ฿20.61 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.
TOA Paint (Thailand) Public Company Limited - Total Assets Trend (2014–2024)
This chart illustrates how TOA Paint (Thailand) Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TOA Paint (Thailand) Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
TOA Paint (Thailand) Public Company Limited's total assets of ฿20.61 Billion consist of 68.0% current assets and 32.0% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 16.8% |
| Accounts Receivable | ฿3.02 Billion | 14.6% |
| Inventory | ฿3.17 Billion | 15.3% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿149.84 Million | 0.7% |
| Goodwill | ฿336.13 Million | 1.6% |
Asset Composition Trend (2014–2024)
This chart illustrates how TOA Paint (Thailand) 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: TOA Paint (Thailand) Public Company Limited's current assets represent 68.0% of total assets in 2024, a decrease from 81.6% in 2014.
- Cash Position: Cash and equivalents constituted 16.8% of total assets in 2024, up from 9.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 15.3% of total assets.
TOA Paint (Thailand) Public Company Limited Competitors by Total Assets
Key competitors of TOA Paint (Thailand) Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Wanfeng Chemical Co. Ltd. A
SHG:603172
|
China | CN¥1.47 Billion |
|
Lion Chemtech Co. Ltd
KQ:171120
|
Korea | ₩152.59 Billion |
|
Ningbo Homelink Eco-iTech Co. Ltd.
SHE:301193
|
China | CN¥5.33 Billion |
|
aXichem AB
ST:AXIC-A
|
Sweden | Skr67.76 Million |
|
Zhejiang Runtu Co Ltd
SHE:002440
|
China | CN¥11.51 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
China | CN¥111.51 Billion |
|
Jiangsu Baichuan HighTech New Materials Co Ltd
SHE:002455
|
China | CN¥12.35 Billion |
|
Yibin Tianyuan Group Co Ltd
SHE:002386
|
China | CN¥19.28 Billion |
TOA Paint (Thailand) 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
Strong asset utilization - TOA Paint (Thailand) Public Company Limited generates 1.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, TOA Paint (Thailand) Public Company Limited generates $9.25 in net profit.
TOA Paint (Thailand) 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 | 2.96 | 2.91 | 3.25 |
| Quick Ratio | 2.29 | 2.19 | 2.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿9.37 Billion | ฿ 9.02 Billion | ฿ 8.30 Billion |
TOA Paint (Thailand) Public Company Limited - Advanced Valuation Insights
This section examines the relationship between TOA Paint (Thailand) 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 | 2.16 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | ฿20.76 Billion |
| Market Capitalization | $117.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values TOA Paint (Thailand) Public Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: TOA Paint (Thailand) Public Company Limited's assets decreased by 2.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for TOA Paint (Thailand) Public Company Limited (2014–2024)
The table below shows the annual total assets of TOA Paint (Thailand) Public Company Limited from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿20.76 Billion | -2.46% |
| 2023-12-31 | ฿21.28 Billion | +10.03% |
| 2022-12-31 | ฿19.34 Billion | +4.55% |
| 2021-12-31 | ฿18.50 Billion | +12.19% |
| 2020-12-31 | ฿16.49 Billion | +4.96% |
| 2019-12-31 | ฿15.71 Billion | +5.16% |
| 2018-12-31 | ฿14.94 Billion | +5.97% |
| 2017-12-31 | ฿14.10 Billion | +46.15% |
| 2016-12-31 | ฿9.64 Billion | -33.06% |
| 2015-12-31 | ฿14.41 Billion | +14.01% |
| 2014-12-31 | ฿12.64 Billion | -- |