Thantawan Industry PCL (BKK:THIP-R) Total Assets: ฿4,172 Mil (As of Mar. 2026)


BKK:THIP-R Thantawan Industry PCL BKK:THIP-R
72 GF Score
Price ฿23.00
GF Value ฿36.74
! 6 Warning Signs
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What is Thantawan Industry PCL Total Assets?

Thantawan Industry PCL BKK:THIP-R 72 Total Assets is ฿4,172 Mil as of Mar. 2026. GuruFocus rates BKK:THIP-R with a GF Score™ of 72/100 and a GF Value™ of ฿36.74. The stock has 6 warning signs investors should review.

Thantawan Industry PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿4,172 Mil.

Warning Sign:

If a company builds assets at 9.5% a year, faster than its revenue growth rate of 6.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Thantawan Industry PCL's average Total Assets Growth Rate was 10.60% per year. During the past 3 years, the average Total Assets Growth Rate was 6.00% per year. During the past 5 years, the average Total Assets Growth Rate was 9.50% per year. During the past 10 years, the average Total Assets Growth Rate was 11.30% per year.

During the past 13 years, Thantawan Industry PCL's highest 3-Year average Total Assets Growth Rate was 17.20%. The lowest was 3.90%. And the median was 9.70%.

Total Assets is connected with ROA %. Thantawan Industry PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 2.61%. Total Assets is also linked to Revenue through Asset Turnover. Thantawan Industry PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.24.


Thantawan Industry PCL  (BKK:THIP-R) Total Assets Explanation

Total Assets is connected with ROA %.

Thantawan Industry PCL's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=111.3/( (4354.91+4171.643)/ 2 )
=111.3/4263.2765
=2.61 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Thantawan Industry PCL's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1032.597/( (4354.91+4171.643)/ 2 )
=1032.597/4263.2765
=0.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Thantawan Industry PCL Total Assets Related Terms


Thantawan Industry PCL Total Assets Historical Data

* Premium members only.

The historical data trend for Thantawan Industry PCL's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thantawan Industry PCL Total Assets Chart

Thantawan Industry PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,956.96 3,025.09 3,165.71 3,764.77 4,354.91

Thantawan Industry PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,709.76 4,173.48 4,187.60 4,354.91 4,171.64
BKK:THIP-R
72GF Score
Thantawan Industry PCL BKK:THIP-R
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thantawan Industry PCL Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Thantawan Industry PCL's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=2805.486+1549.424
=4,355

Thantawan Industry PCL's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=2835.424+1336.219
=4,172

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ฿4,172 Mil mean?
Thantawan Industry PCL (BKK:THIP-R) has a Total Assets of ฿4,172 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Thantawan Industry PCL and its competitors.
Is Thantawan Industry PCL's Total Assets too high?
Thantawan Industry PCL's current Total Assets is ฿4,172 Mil. Overall, Thantawan Industry PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's Total Assets compare to SW and PKG?
Thantawan Industry PCL's Total Assets of ฿4,172 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Packaging & Containers company?
A good Total Assets depends on the Packaging & Containers industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Thantawan Industry PCL and its competitors. Thantawan Industry PCL's current Total Assets is ฿4,172 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Thantawan Industry PCL (BKK:THIP-R) has a current Total Assets of ฿4,172 Mil. The stock's GF Value™ is ฿36.74, compared to a current price of ฿23.00 — trading 37.4% below its estimated fair value. The current Total Assets is ฿4,172 Mil. Thantawan Industry PCL's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Thantawan Industry PCL (BKK:THIP-R), the current Total Assets is ฿4,172 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thantawan Industry PCL (BKK:THIP-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued. The current stock price of ฿23.00 is trading 37.4% below its estimated GF Value™ of ฿36.74.

Key valuation signals for BKK:THIP-R:

  • Total Assets: ฿4,172 Mil
  • GF Value™: ฿36.74 vs. price of ฿23.00 (37.4% below fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the BKK:THIP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thantawan Industry PCL Business Description

Other Exchanges THIP:Thailand
Address Soi Kangwal 2, Phetkasem Road, 143-144, Moo 8, Omyai, Sampran, Nakornpathom, THA, 73160
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
72GF Score

Get the complete analysis for BKK:THIP-R

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿23.00
Price
฿36.74
GF Value