True Corporation Public Company Limited (TRUE) - Total Assets
Based on the latest financial reports, True Corporation Public Company Limited (TRUE) holds total assets worth ฿637.15 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.
True Corporation Public Company Limited - Total Assets Trend (2000–2024)
This chart illustrates how True Corporation Public Company Limited's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
True Corporation Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
True Corporation Public Company Limited's total assets of ฿637.15 Billion consist of 13.9% current assets and 86.1% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 4.0% |
| Accounts Receivable | ฿33.93 Billion | 5.0% |
| Inventory | ฿2.58 Billion | 0.4% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿126.37 Billion | 18.7% |
| Goodwill | ฿121.91 Billion | 18.1% |
Asset Composition Trend (2000–2024)
This chart illustrates how True Corporation 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: True Corporation Public Company Limited's current assets represent 13.9% of total assets in 2024, a decrease from 15.4% in 2000.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2024, up from 1.2% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 36.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 18.7% of total assets.
True Corporation Public Company Limited Competitors by Total Assets
Key competitors of True Corporation Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
|
mTouche Technology Bhd
KLSE:0092
|
Malaysia | RM83.52 Million |
True Corporation 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 | 0.45 | 0.40 | 0.68 |
| Quick Ratio | 0.44 | 0.40 | 0.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿-96.79 Billion | ฿-137.51 Billion | ฿-50.98 Billion |
True Corporation Public Company Limited - Advanced Valuation Insights
This section examines the relationship between True Corporation 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 | 5.92 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -9.3% |
| Total Assets | ฿675.48 Billion |
| Market Capitalization | $15.19 Billion USD |
Valuation Analysis
Below Book Valuation: The market values True Corporation Public Company Limited's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: True Corporation Public Company Limited's assets decreased by 9.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for True Corporation Public Company Limited (2000–2024)
The table below shows the annual total assets of True Corporation Public Company Limited from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿675.48 Billion | -9.30% |
| 2023-12-31 | ฿744.72 Billion | +20.49% |
| 2022-12-31 | ฿618.10 Billion | -1.09% |
| 2021-12-31 | ฿624.91 Billion | +1.19% |
| 2020-12-31 | ฿617.55 Billion | +17.85% |
| 2019-12-31 | ฿523.99 Billion | +5.74% |
| 2018-12-31 | ฿495.57 Billion | +6.50% |
| 2017-12-31 | ฿465.31 Billion | +3.64% |
| 2016-12-31 | ฿448.96 Billion | +58.73% |
| 2015-12-31 | ฿282.84 Billion | +20.58% |
| 2014-12-31 | ฿234.57 Billion | +13.95% |
| 2013-12-31 | ฿205.85 Billion | +14.13% |
| 2012-12-31 | ฿180.36 Billion | +19.04% |
| 2011-12-31 | ฿151.52 Billion | +31.73% |
| 2010-12-31 | ฿115.02 Billion | -1.20% |
| 2009-12-31 | ฿116.42 Billion | -0.45% |
| 2008-12-31 | ฿116.95 Billion | -6.23% |
| 2007-12-31 | ฿124.72 Billion | +1.43% |
| 2006-12-31 | ฿122.96 Billion | +13.79% |
| 2005-12-31 | ฿108.06 Billion | +5.29% |
| 2004-12-31 | ฿102.63 Billion | +18.29% |
| 2003-12-31 | ฿86.76 Billion | -6.96% |
| 2002-12-31 | ฿93.25 Billion | +7.83% |
| 2001-12-31 | ฿86.47 Billion | -2.16% |
| 2000-12-31 | ฿88.38 Billion | -- |
About True Corporation Public Company Limited
True Corporation Public Company Limited, together with its subsidiaries, provides telecommunications and value-added services in Thailand. The company operates through Mobile, Pay TV, and Broadband Internet and Others segments. It offers mobile, broadband Internet, Wi-Fi, television, and digital platforms and solutions. The company is also involved in entertainment, mobile equipment lessor, progr… Read more