Thai Parcels Public Company Limited
Thai Parcels Public Company Limited provides transportation, unloading, and warehousing services in Thailand. It provides parcel pickup, packaging and bundling, fulfillment, optional delivery to destination, product tracking, car rental, proof of delivery return, cash-on-delivery, and customer service center for home appliances, furniture and bedding, exercise equipment, car tires, clothes, and a… Read more
Thai Parcels Public Company Limited (TPL) - Total Assets
Latest total assets as of June 2024: ฿1.02 Billion THB
Based on the latest financial reports, Thai Parcels Public Company Limited (TPL) holds total assets worth ฿1.02 Billion THB as of June 2024.
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 Parcels Public Company Limited - Total Assets Trend (2021–2023)
This chart illustrates how Thai Parcels Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thai Parcels Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2023)
Thai Parcels Public Company Limited's total assets of ฿1.02 Billion consist of 44.5% current assets and 55.5% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 36.3% |
| Accounts Receivable | ฿44.63 Million | 4.3% |
| Inventory | ฿0.00 | 0.0% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿4.25 Million | 0.4% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how Thai Parcels 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: Thai Parcels Public Company Limited's current assets represent 44.5% of total assets in 2023, an increase from 12.7% in 2021.
- Cash Position: Cash and equivalents constituted 36.3% of total assets in 2023, up from 2.5% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 4.3% of total assets.
Thai Parcels Public Company Limited Competitors by Total Assets
Key competitors of Thai Parcels Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Citic Offshore Helicopter Co Ltd
SHE:000099
|
China | CN¥7.38 Billion |
|
CJ Korea Express
KO:000120
|
Korea | ₩10.35 Trillion |
|
Guangdong Jushen Logistics Co Ltd
SHE:001202
|
China | CN¥1.87 Billion |
|
Yongtaiyun Chemical Logistics Co.Ltd
SHE:001228
|
China | CN¥4.22 Billion |
|
San Yang Ma (Chongqing) Logistics Co.Ltd.
SHE:001317
|
China | CN¥1.90 Billion |
|
YUNDA Holding Co Ltd
SHE:002120
|
China | CN¥36.46 Billion |
|
Hanjin Transportation Co. Ltd.
KO:002320
|
Korea | ₩4.33 Trillion |
|
S.F. Holding Co. Ltd
SHE:002352
|
China | CN¥217.93 Billion |
Thai Parcels 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
Moderate asset utilization - Thai Parcels Public Company Limited generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Thai Parcels Public Company Limited is currently not profitable relative to its asset base.
Thai Parcels 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 | 3.44 | 3.07 | 3.07 |
| Quick Ratio | 3.44 | 3.07 | 3.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿318.54 Million | ฿ 326.06 Million | ฿ 326.06 Million |
Thai Parcels Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Thai Parcels 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 | 0.48 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 62.0% |
| Total Assets | ฿1.04 Billion |
| Market Capitalization | $7.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thai Parcels Public Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Thai Parcels Public Company Limited's assets grew by 62.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Thai Parcels Public Company Limited (2021–2023)
The table below shows the annual total assets of Thai Parcels Public Company Limited from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ฿1.04 Billion | +61.99% |
| 2022-12-31 | ฿640.86 Million | +3.80% |
| 2021-12-31 | ฿617.37 Million | -- |