Thai Solar Energy Public Company Limited

Thai Solar Energy Public Company Limitedverified

TSE.BK

Price:

$0.48

Market Cap:

$1.02B

Thai Solar Energy Public Company Limited generates and distributes electricity from solar and biomass power plants to government and private sector clients in Thailand and Japan. The company also leases land. As of December 31, 2021, it had 17 solar PV farm projects, 14 solar rooftop projects, 3 biomass powerplants, and 1 Solar Floating with a total production capacity of 291.7 MW; and 1 solar floating project under construction with a capacity of 8 MW. The company was formerly known as Siam Solar Energy Co., Ltd. and changed its name to Thai Solar Energy Public Company Limited in 2009. Thai Solar Energy Public Company Limited was founded in 2008 and is headquartered in Bangkok, Thailand.

Industry

Renewable Utilities

IPO Date

2014-10-30

Stock Exchange

SET

Ticker

TSE.BK

The Current Ratio as of December 2025 (TTM) for Thai Solar Energy Public Company Limited (TSE.BK) is 0.28

According to Thai Solar Energy Public Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.28. This represents a change of -3.00% compared to the average of 0.29 of the last 4 quarters.

Thai Solar Energy Public Company Limited (TSE.BK) Historical Current Ratio (quarterly & annually)

How has TSE.BK Current Ratio performed in the past?

The mean historical Current Ratio of Thai Solar Energy Public Company Limited over the last ten years is 1.14. The current 0.28 Current Ratio has changed 2.33% with respect to the historical average. Over the past ten years (40 quarters), TSE.BK's Current Ratio was at its highest in in the June 2017 quarter at 11.66. The Current Ratio was at its lowest in in the March 2025 quarter at 0.21.

Quarterly (TTM)
Annual

Average

1.14

Median

0.60

Minimum

0.34

Maximum

3.60

Thai Solar Energy Public Company Limited (TSE.BK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Thai Solar Energy Public Company Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 59.77%

Maximum Annual Current Ratio = 3.60

Minimum Annual Increase = -89.11%

Minimum Annual Current Ratio = 0.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.34-59.53%
20230.8325.80%
20220.6629.11%
20210.51-5.26%
20200.54-33.09%
20190.8159.77%
20180.5145.33%
20170.35-89.11%
20163.20-10.97%
20153.60-23.37%

Thai Solar Energy Public Company Limited (TSE.BK) Average Current Ratio

How has TSE.BK Current Ratio performed in the past?

The current Current Ratio of Thai Solar Energy Public Company Limited (TSE.BK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.61

5-year avg

0.58

10-year avg

1.14

Thai Solar Energy Public Company Limited (TSE.BK) Current Ratio vs. Peers

How is TSE.BK’s Current Ratio compared to its peers?

Thai Solar Energy Public Company Limited’s Current Ratio is less than TPC Power Holding Public Company Limited (0.92), greater than Eastern Power Group Public Company Limited (0.18), less than Asia Biomass Public Company Limited (0.80), greater than Prime Road Power Public Company Limited (0.21), less than Green Resources Public Company Limited (5.87), less than Earth Tech Environment Public Company Limited (1.79), less than Meta Corporation Public Company Limited (1.56), less than Scan Inter Public Company Limited (0.52), less than Green Tech Ventures Public Company Limited (1.60), less than SAAM Development Public Company Limited (5.06),

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