WICE Logistics PCL
Wice Logistics Public Company Limited, together with its subsidiaries, provides freight and logistics services in Thailand and internationally. It operates in four segments: Sea Freight, Air Freight, Cross-Border Service, and Supply Chain Solution. The company offers international sea freight forwarding services, such as full container load and less than container load services for importers and … Read more
WICE Logistics PCL (WICE) - Total Assets
Latest total assets as of September 2025: ฿2.95 Billion THB
Based on the latest financial reports, WICE Logistics PCL (WICE) holds total assets worth ฿2.95 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.
WICE Logistics PCL - Total Assets Trend (2012–2024)
This chart illustrates how WICE Logistics PCL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
WICE Logistics PCL - Asset Composition Analysis
Current Asset Composition (December 2024)
WICE Logistics PCL's total assets of ฿2.95 Billion consist of 60.2% current assets and 39.8% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 12.7% |
| Accounts Receivable | ฿844.28 Million | 30.9% |
| Inventory | ฿0.00 | 0.0% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿198.89 Million | 7.3% |
| Goodwill | ฿225.50 Million | 8.2% |
Asset Composition Trend (2012–2024)
This chart illustrates how WICE Logistics PCL'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: WICE Logistics PCL's current assets represent 60.2% of total assets in 2024, a decrease from 80.3% in 2012.
- Cash Position: Cash and equivalents constituted 12.7% of total assets in 2024, down from 23.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 30.9% of total assets.
WICE Logistics PCL Competitors by Total Assets
Key competitors of WICE Logistics PCL 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 |
WICE Logistics PCL - 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 - WICE Logistics PCL generates 1.50x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, WICE Logistics PCL generates $ 3.57 in net profit.
WICE Logistics PCL - 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 | 1.90 | 2.24 | 1.66 |
| Quick Ratio | 1.90 | 2.24 | 1.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿887.52 Million | ฿ 943.88 Million | ฿ 556.70 Million |
WICE Logistics PCL - Advanced Valuation Insights
This section examines the relationship between WICE Logistics PCL'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 | 1.25 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -4.2% |
| Total Assets | ฿2.74 Billion |
| Market Capitalization | $20.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values WICE Logistics PCL's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: WICE Logistics PCL's assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for WICE Logistics PCL (2012–2024)
The table below shows the annual total assets of WICE Logistics PCL from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.74 Billion | -4.21% |
| 2023-12-31 | ฿2.86 Billion | -14.29% |
| 2022-12-31 | ฿3.33 Billion | -4.67% |
| 2021-12-31 | ฿3.50 Billion | +70.88% |
| 2020-12-31 | ฿2.05 Billion | +30.00% |
| 2019-12-31 | ฿1.57 Billion | +10.83% |
| 2018-12-31 | ฿1.42 Billion | +28.63% |
| 2017-12-31 | ฿1.10 Billion | +3.44% |
| 2016-12-31 | ฿1.07 Billion | +53.42% |
| 2015-12-31 | ฿695.60 Million | +94.02% |
| 2014-12-31 | ฿358.52 Million | +22.38% |
| 2013-12-31 | ฿292.96 Million | +1.25% |
| 2012-12-31 | ฿289.35 Million | -- |