The Practical Solution Public Company Limited
The Practical Solution Public Company Limited engages in the distribution and installation of computer network systems in Thailand. The company operates through Sales Including Instalment; Maintenance services; Construction; and Others segments. It distributes and installs fully integrated communication, wireless communication, network security, and management systems, as well as offers computer … Read more
The Practical Solution Public Company Limited (TPS) - Total Assets
Latest total assets as of September 2025: ฿1.22 Billion THB
Based on the latest financial reports, The Practical Solution Public Company Limited (TPS) holds total assets worth ฿1.22 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.
The Practical Solution Public Company Limited - Total Assets Trend (2015–2024)
This chart illustrates how The Practical Solution Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The Practical Solution Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
The Practical Solution Public Company Limited's total assets of ฿1.22 Billion consist of 68.6% current assets and 31.4% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 10.2% |
| Accounts Receivable | ฿277.67 Million | 21.8% |
| Inventory | ฿86.10 Million | 6.8% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿4.12 Million | 0.3% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how The Practical Solution 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: The Practical Solution Public Company Limited's current assets represent 68.6% of total assets in 2024, a decrease from 92.0% in 2015.
- Cash Position: Cash and equivalents constituted 10.2% of total assets in 2024, down from 29.5% 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 21.8% of total assets.
The Practical Solution Public Company Limited Competitors by Total Assets
Key competitors of The Practical Solution Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
|
Wuhan Fingu Electronic Technology Co Ltd
SHE:002194
|
China | CN¥2.90 Billion |
The Practical Solution 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 - The Practical Solution Public Company Limited generates 1.25x 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, The Practical Solution Public Company Limited generates $ 10.62 in net profit.
The Practical Solution 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 | 2.23 | 1.96 | 2.12 |
| Quick Ratio | 1.98 | 1.67 | 1.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿455.37 Million | ฿ 406.53 Million | ฿ 183.93 Million |
The Practical Solution Public Company Limited - Advanced Valuation Insights
This section examines the relationship between The Practical Solution 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 | 2.24 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 15.6% |
| Total Assets | ฿1.28 Billion |
| Market Capitalization | $10.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values The Practical Solution 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: The Practical Solution Public Company Limited's assets grew by 15.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for The Practical Solution Public Company Limited (2015–2024)
The table below shows the annual total assets of The Practical Solution Public Company Limited from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.28 Billion | +15.58% |
| 2023-12-31 | ฿1.10 Billion | +23.97% |
| 2022-12-31 | ฿890.08 Million | +14.97% |
| 2021-12-31 | ฿774.21 Million | +25.76% |
| 2020-12-31 | ฿615.62 Million | -2.53% |
| 2019-12-31 | ฿631.61 Million | +65.97% |
| 2018-12-31 | ฿380.56 Million | +16.04% |
| 2017-12-31 | ฿327.97 Million | +0.95% |
| 2016-12-31 | ฿324.90 Million | +1.48% |
| 2015-12-31 | ฿320.15 Million | -- |