Tipco Asphalt Public Company Limited
Tipco Asphalt Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally. It operates through Manufacturing and Trading; and Construction Business segments. The company engages in manufacturing and trading of asphalt, petroleum oil, and asphalt concrete products. It is also involved in the r… Read more
Tipco Asphalt Public Company Limited (TPY1) - Total Assets
Latest total assets as of September 2025: €23.50 Billion EUR
Based on the latest financial reports, Tipco Asphalt Public Company Limited (TPY1) holds total assets worth €23.50 Billion EUR 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.
Tipco Asphalt Public Company Limited - Total Assets Trend (2016–2024)
This chart illustrates how Tipco Asphalt Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tipco Asphalt Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Tipco Asphalt Public Company Limited's total assets of €23.50 Billion consist of 62.7% current assets and 37.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 7.8% |
| Accounts Receivable | €5.82 Billion | 24.5% |
| Inventory | €5.93 Billion | 24.9% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €105.10 Million | 0.4% |
| Goodwill | €195.93 Million | 0.8% |
Asset Composition Trend (2016–2024)
This chart illustrates how Tipco Asphalt 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: Tipco Asphalt Public Company Limited's current assets represent 62.7% of total assets in 2024, an increase from 48.0% in 2016.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, up from 6.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 24.9% of total assets.
Tipco Asphalt Public Company Limited Competitors by Total Assets
Key competitors of Tipco Asphalt Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CSG Holding Co Ltd
SHE:000012
|
China | CN¥31.27 Billion |
|
Tangshan Jidong Cement Co Ltd
SHE:000401
|
China | CN¥58.66 Billion |
|
Chosun Refractories Co Ltd
KO:000480
|
Korea | ₩1.60 Trillion |
|
Gansu Shangfeng Cement Co Ltd
SHE:000672
|
China | CN¥16.88 Billion |
|
Jiangxi Wannianqing Cement Co Ltd
SHE:000789
|
China | CN¥15.80 Billion |
|
Xinjiang Tianshan Cement Co Ltd
SHE:000877
|
China | CN¥289.73 Billion |
|
Sinostone Guangdong Co Ltd
SHE:001212
|
China | CN¥2.25 Billion |
|
Tongyang Inc
KO:001525
|
Korea | ₩1.31 Trillion |
Tipco Asphalt 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 - Tipco Asphalt Public Company Limited generates 1.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Tipco Asphalt Public Company Limited generates $5.96 in net profit.
Tipco Asphalt 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 | 1.98 | 2.04 | 1.88 |
| Quick Ratio | 1.15 | 1.47 | 0.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €7.40 Billion | € 7.67 Billion | € 5.20 Billion |
Tipco Asphalt Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Tipco Asphalt 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 | 1.32 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 0.5% |
| Total Assets | €23.79 Billion |
| Market Capitalization | $218.88 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tipco Asphalt Public Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tipco Asphalt Public Company Limited's assets grew by 0.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tipco Asphalt Public Company Limited (2016–2024)
The table below shows the annual total assets of Tipco Asphalt Public Company Limited from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €23.79 Billion | +0.53% |
| 2023-12-31 | €23.66 Billion | -9.88% |
| 2022-12-31 | €26.26 Billion | +5.87% |
| 2021-12-31 | €24.80 Billion | +16.25% |
| 2020-12-31 | €21.33 Billion | -15.55% |
| 2019-12-31 | €25.26 Billion | +4.16% |
| 2018-12-31 | €24.25 Billion | +24.30% |
| 2017-12-31 | €19.51 Billion | +0.05% |
| 2016-12-31 | €19.50 Billion | -- |