Union Pioneer Public Company Limited (UPF) - Total Assets
Based on the latest financial reports, Union Pioneer Public Company Limited (UPF) holds total assets worth ฿466.96 Million THB (≈ $14.55 Million USD) as of December 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. See UPF book value for net asset value and shareholders' equity analysis.
Union Pioneer Public Company Limited - Total Assets Trend (2003–2025)
This chart illustrates how Union Pioneer Public Company Limited's total assets have evolved over time, based on quarterly financial data.
Union Pioneer Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2025)
Union Pioneer Public Company Limited's total assets of ฿466.96 Million consist of 71.7% current assets and 28.3% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 17.4% |
| Accounts Receivable | ฿108.31 Million | 23.2% |
| Inventory | ฿130.86 Million | 28.0% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿0.00 | 0.0% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2003–2025)
This chart illustrates how Union Pioneer 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 UPF market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Union Pioneer Public Company Limited's current assets represent 71.7% of total assets in 2025, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 17.4% of total assets in 2025, up from 0.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is inventory at 28.0% of total assets.
Union Pioneer Public Company Limited Competitors by Total Assets
Key competitors of Union Pioneer Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
HMT(Xiamen)New Technical
SHG:603306
|
China | CN¥5.86 Billion |
|
Bros Eastern Co Ltd
SHG:601339
|
China | CN¥13.55 Billion |
|
Vardhman Textiles Limited
NSE:VTL
|
India | Rs131.53 Billion |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
|
China | CN¥16.51 Billion |
|
Hunan Huasheng Co Ltd
SHG:600156
|
China | CN¥834.37 Million |
|
Huafang Co Ltd
SHG:600448
|
China | CN¥3.70 Billion |
|
Indo Kordsa Tbk
JK:BRAM
|
Indonesia | Rp268.28 Million |
|
Daehan Synthet
KO:003830
|
Korea | ₩812.49 Billion |
Union Pioneer 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 | 6.30 | 5.25 | 7.03 |
| Quick Ratio | 3.84 | 3.02 | 4.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿281.63 Million | ฿303.96 Million | ฿378.40 Million |
Union Pioneer Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Union Pioneer 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 | 0.49 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | ฿466.96 Million |
| Market Capitalization | $4.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Union Pioneer Public Company Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Union Pioneer Public Company Limited's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Union Pioneer Public Company Limited (2003–2025)
The table below shows the annual total assets of Union Pioneer Public Company Limited from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ฿466.96 Million ≈ $14.55 Million |
-5.36% |
| 2024-12-31 | ฿493.43 Million ≈ $15.38 Million |
+3.58% |
| 2023-12-31 | ฿476.39 Million ≈ $14.85 Million |
-2.84% |
| 2022-12-31 | ฿490.29 Million ≈ $15.28 Million |
-8.38% |
| 2021-12-31 | ฿535.11 Million ≈ $16.68 Million |
-4.49% |
| 2020-12-31 | ฿560.24 Million ≈ $17.46 Million |
+24.61% |
| 2019-12-31 | ฿449.60 Million ≈ $14.01 Million |
-3.27% |
| 2018-12-31 | ฿464.82 Million ≈ $14.49 Million |
-3.19% |
| 2017-12-31 | ฿480.16 Million ≈ $14.97 Million |
-5.51% |
| 2016-12-31 | ฿508.14 Million ≈ $15.84 Million |
+4.72% |
| 2015-12-31 | ฿485.25 Million ≈ $15.12 Million |
-0.97% |
| 2014-12-31 | ฿490.02 Million ≈ $15.27 Million |
-0.52% |
| 2013-12-31 | ฿492.59 Million ≈ $15.35 Million |
-0.60% |
| 2012-12-31 | ฿495.57 Million ≈ $15.45 Million |
-11.92% |
| 2011-12-31 | ฿562.63 Million ≈ $17.54 Million |
+3.17% |
| 2010-12-31 | ฿545.31 Million ≈ $17.00 Million |
-7.23% |
| 2009-12-31 | ฿587.82 Million ≈ $18.32 Million |
+9.76% |
| 2008-12-31 | ฿535.54 Million ≈ $16.69 Million |
+13.93% |
| 2007-12-31 | ฿470.06 Million ≈ $14.65 Million |
-18.60% |
| 2006-12-31 | ฿577.50 Million ≈ $18.00 Million |
+17.06% |
| 2005-12-31 | ฿493.32 Million ≈ $15.38 Million |
-0.64% |
| 2004-12-31 | ฿496.50 Million ≈ $15.48 Million |
+3.45% |
| 2003-12-31 | ฿479.95 Million ≈ $14.96 Million |
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About Union Pioneer Public Company Limited
Union Pioneer Public Company Limited manufactures and distributes finished elastic products in Thailand, the United States, and internationally. The company provides textile, hygiene, and industrial products, including covering yarn; elastic webbing and crochet; elastic braids; and elastic rubber threads and tapes. It also offers medical products, such as esmark, conforming, and elastic bandages;… Read more