TPI Polene Power Public Company Limited (TPIPP) - Total Assets
Based on the latest financial reports, TPI Polene Power Public Company Limited (TPIPP) holds total assets worth ฿68.73 Billion THB (≈ $2.14 Billion USD) as of March 2026. 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 TPI Polene Power Public Company Limited (TPIPP) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
TPI Polene Power Public Company Limited - Total Assets Trend (2012–2025)
This chart illustrates how TPI Polene Power Public Company Limited's total assets have evolved over time, based on quarterly financial data. See TPIPP total equity for net asset value and shareholders' equity analysis.
TPI Polene Power Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2025)
TPI Polene Power Public Company Limited's total assets of ฿68.73 Billion consist of 11.3% current assets and 88.8% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 5.4% |
| Accounts Receivable | ฿2.16 Billion | 3.1% |
| Inventory | ฿1.45 Billion | 2.1% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿0.00 | 0.0% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2012–2025)
This chart illustrates how TPI Polene Power 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 TPIPP stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TPI Polene Power Public Company Limited's current assets represent 11.3% of total assets in 2025, a decrease from 28.0% in 2012.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2025, up from 0.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 3.1% of total assets.
TPI Polene Power Public Company Limited Competitors by Total Assets
Key competitors of TPI Polene Power Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
F:L3XB
|
Germany | €279.69 Billion |
|
Meridian Energy Ltd
AU:MEZ
|
Australia | AU$15.14 Billion |
|
Zhejiang Provincial New Energy Investment Group Co Ltd
SHG:600032
|
China | CN¥59.85 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
Auren Energia S.A.
SA:AURE3
|
Brazil | R$47.38 Billion |
|
ROMANDE ENERGIE SA
SW:REHN
|
Switzerland | CHF2.83 Billion |
|
Econergy Renewable Energy Ltd
TA:ECNR
|
Israel | ILA1.11 Billion |
|
Guangxi Guidong Eletric Power Co Ltd
SHG:600310
|
China | CN¥23.55 Billion |
TPI Polene Power 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 | 1.34 | 1.01 | 1.80 |
| Quick Ratio | 1.02 | 0.79 | 1.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿1.80 Billion | ฿39.04 Million | ฿4.15 Billion |
TPI Polene Power Public Company Limited - Advanced Valuation Insights
This section examines the relationship between TPI Polene Power 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 | 0.40 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 3.6% |
| Total Assets | ฿68.82 Billion |
| Market Capitalization | $476.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values TPI Polene Power Public Company Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: TPI Polene Power Public Company Limited's assets grew by 3.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for TPI Polene Power Public Company Limited (2012–2025)
The table below shows the annual total assets of TPI Polene Power Public Company Limited from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ฿68.82 Billion ≈ $2.15 Billion |
+3.64% |
| 2024-12-31 | ฿66.40 Billion ≈ $2.07 Billion |
+11.10% |
| 2023-12-31 | ฿59.77 Billion ≈ $1.86 Billion |
+18.17% |
| 2022-12-31 | ฿50.58 Billion ≈ $1.58 Billion |
+4.32% |
| 2021-12-31 | ฿48.49 Billion ≈ $1.51 Billion |
+10.76% |
| 2020-12-31 | ฿43.78 Billion ≈ $1.36 Billion |
+15.65% |
| 2019-12-31 | ฿37.85 Billion ≈ $1.18 Billion |
+20.01% |
| 2018-12-31 | ฿31.54 Billion ≈ $983.11 Million |
+14.42% |
| 2017-12-31 | ฿27.57 Billion ≈ $859.24 Million |
+51.72% |
| 2016-12-31 | ฿18.17 Billion ≈ $566.32 Million |
+43.36% |
| 2015-12-31 | ฿12.67 Billion ≈ $395.02 Million |
+3.04% |
| 2014-12-31 | ฿12.30 Billion ≈ $383.38 Million |
+50.44% |
| 2013-12-31 | ฿8.18 Billion ≈ $254.84 Million |
+13.59% |
| 2012-12-31 | ฿7.20 Billion ≈ $224.35 Million |
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About TPI Polene Power Public Company Limited
TPI Polene Power Public Company Limited generates and distributes electricity, refuse derived fuel, and organics waste in Thailand. It operates in two segments, Energy & Utilities, and Petrol and Gas Stations. The company owns and operates waste disposal plant and waste-to-energy plant; and operates 12 stations of fuel and natural gas under the TPIPP brand. It also engages in EV charging station … Read more