True Corporation Public Company Limited (TRUE) - Total Assets

Latest as of June 2025: ฿637.15 Billion THB ≈ $19.86 Billion USD

Based on the latest financial reports, True Corporation Public Company Limited (TRUE) holds total assets worth ฿637.15 Billion THB (≈ $19.86 Billion USD) 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. Also see True Corporation Public Company Limited stock valuation for the company's overall valuation and market capitalisation.

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. Review total liabilities of True Corporation Public Company Limited to assess the company's total debt and financial obligations.

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. See TRUE live share price for real-time trading data and today's change.

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
TELENOR ASA SP.ADR/ O.N.
F:TEQA
Germany €221.58 Billion
Hellenic Telecommunications Organization S.A
AT:HTO
Greece €5.12 Billion
HELLENIC TELEC.ORG.ADR1/2
F:OTES
Germany €5.04 Billion
Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság
F:MGYB
Germany €1.58 Trillion
Tuas Ltd
AU:TUA
Australia AU$498.37 Million
Telecomunicações Brasileiras S.A. - TELEBRÁS
SA:TELB3
Brazil R$4.41 Billion
Reliance Communications Limited
NSE:RCOM
India Rs363.38 Billion
Grupo Televisa SAB DRC
BA:TV
Argentina AR$235.86 Billion

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 $14.11 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
≈ $21.05 Billion
-9.30%
2023-12-31 ฿744.72 Billion
≈ $23.21 Billion
+20.49%
2022-12-31 ฿618.10 Billion
≈ $19.27 Billion
-1.09%
2021-12-31 ฿624.91 Billion
≈ $19.48 Billion
+1.19%
2020-12-31 ฿617.55 Billion
≈ $19.25 Billion
+17.85%
2019-12-31 ฿523.99 Billion
≈ $16.33 Billion
+5.74%
2018-12-31 ฿495.57 Billion
≈ $15.45 Billion
+6.50%
2017-12-31 ฿465.31 Billion
≈ $14.50 Billion
+3.64%
2016-12-31 ฿448.96 Billion
≈ $13.99 Billion
+58.73%
2015-12-31 ฿282.84 Billion
≈ $8.82 Billion
+20.58%
2014-12-31 ฿234.57 Billion
≈ $7.31 Billion
+13.95%
2013-12-31 ฿205.85 Billion
≈ $6.42 Billion
+14.13%
2012-12-31 ฿180.36 Billion
≈ $5.62 Billion
+19.04%
2011-12-31 ฿151.52 Billion
≈ $4.72 Billion
+31.73%
2010-12-31 ฿115.02 Billion
≈ $3.59 Billion
-1.20%
2009-12-31 ฿116.42 Billion
≈ $3.63 Billion
-0.45%
2008-12-31 ฿116.95 Billion
≈ $3.65 Billion
-6.23%
2007-12-31 ฿124.72 Billion
≈ $3.89 Billion
+1.43%
2006-12-31 ฿122.96 Billion
≈ $3.83 Billion
+13.79%
2005-12-31 ฿108.06 Billion
≈ $3.37 Billion
+5.29%
2004-12-31 ฿102.63 Billion
≈ $3.20 Billion
+18.29%
2003-12-31 ฿86.76 Billion
≈ $2.70 Billion
-6.96%
2002-12-31 ฿93.25 Billion
≈ $2.91 Billion
+7.83%
2001-12-31 ฿86.47 Billion
≈ $2.70 Billion
-2.16%
2000-12-31 ฿88.38 Billion
≈ $2.75 Billion
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About True Corporation Public Company Limited

BK:TRUE Thailand Telecom Services
Market Cap
$14.11 Billion
฿452.63 Billion THB
Market Cap Rank
#1733 Global
#10 in Thailand
Share Price
฿13.10
Change (1 day)
+0.77%
52-Week Range
฿10.40 - ฿14.80
All Time High
฿14.80
About

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