Charoong Thai Wire and Cable Public Company Limited
Charoong Thai Wire and Cable Public Company Limited, together with its subsidiaries, manufactures and distributes electric wires and cables, and telephone cables under the CTW brand in Thailand, Myanmar, Vietnam, and internationally. The company operates in four segments: Power Cable, Communication Cable, Fiber Optic Cable, and Enameled and Non-Enameled Wire. It offers aluminum conductor, copper … Read more
Charoong Thai Wire and Cable Public Company Limited (CTW) - Net Assets
Latest net assets as of September 2025: ฿4.00 Billion THB
Based on the latest financial reports, Charoong Thai Wire and Cable Public Company Limited (CTW) has net assets worth ฿4.00 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿5.75 Billion) and total liabilities (฿1.75 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿4.00 Billion |
| % of Total Assets | 69.61% |
| Annual Growth Rate | 2.89% |
| 5-Year Change | -12.99% |
| 10-Year Change | -3.48% |
| Growth Volatility | 18.92 |
Charoong Thai Wire and Cable Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Charoong Thai Wire and Cable Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Charoong Thai Wire and Cable Public Company Limited (2000–2024)
The table below shows the annual net assets of Charoong Thai Wire and Cable Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.92 Billion | +2.57% |
| 2023-12-31 | ฿3.82 Billion | -1.98% |
| 2022-12-31 | ฿3.90 Billion | -0.82% |
| 2021-12-31 | ฿3.93 Billion | -12.74% |
| 2020-12-31 | ฿4.51 Billion | +5.58% |
| 2019-12-31 | ฿4.27 Billion | -4.32% |
| 2018-12-31 | ฿4.46 Billion | +2.39% |
| 2017-12-31 | ฿4.36 Billion | +3.01% |
| 2016-12-31 | ฿4.23 Billion | +4.12% |
| 2015-12-31 | ฿4.06 Billion | -7.01% |
| 2014-12-31 | ฿4.37 Billion | -5.06% |
| 2013-12-31 | ฿4.60 Billion | +5.01% |
| 2012-12-31 | ฿4.38 Billion | +7.13% |
| 2011-12-31 | ฿4.09 Billion | +0.00% |
| 2010-12-31 | ฿4.09 Billion | +16.34% |
| 2009-12-31 | ฿3.51 Billion | +8.98% |
| 2008-12-31 | ฿3.23 Billion | -20.35% |
| 2007-12-31 | ฿4.05 Billion | -2.82% |
| 2006-12-31 | ฿4.17 Billion | +5.70% |
| 2005-12-31 | ฿3.94 Billion | +2.37% |
| 2004-12-31 | ฿3.85 Billion | +3.81% |
| 2003-12-31 | ฿3.71 Billion | +7.24% |
| 2002-12-31 | ฿3.46 Billion | +87.63% |
| 2001-12-31 | ฿1.84 Billion | -6.74% |
| 2000-12-31 | ฿1.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Charoong Thai Wire and Cable Public Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 56361118300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿563.61 Million | 14.37% |
| Common Stock | ฿1.99 Billion | 50.73% |
| Other Comprehensive Income | ฿240.80 Million | 6.14% |
| Other Components | ฿1.13 Billion | 28.76% |
| Total Equity | ฿3.92 Billion | 100.00% |
Charoong Thai Wire and Cable Public Company Limited Competitors by Market Cap
The table below lists competitors of Charoong Thai Wire and Cable Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Linq Minerals Limited
AU:LNQ
|
$14.38 Million |
|
Nukkleus Inc
NASDAQ:NUKK
|
$14.39 Million |
|
Aguia Resources Ltd
AU:AGR
|
$14.39 Million |
|
SAMRYOONG Co.Ltd
KQ:014970
|
$14.39 Million |
|
Workpoint Entertainment Public Company Limited
BK:WORK
|
$14.37 Million |
|
Wonil Special Steel Co. Ltd
KQ:012620
|
$14.37 Million |
|
Keum Kang Steel Co. Ltd
KQ:053260
|
$14.36 Million |
|
WT Financial Group Ltd
AU:WTL
|
$14.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Charoong Thai Wire and Cable Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,821,408,402 to 3,922,030,317, a change of 100,621,915 (2.6%).
- Net income of 103,278,144 contributed positively to equity growth.
- Dividend payments of 4,449 reduced retained earnings.
- Other comprehensive income increased equity by 7,978,599.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿103.28 Million | +2.63% |
| Dividends Paid | ฿4.45K | -0.0% |
| Other Comprehensive Income | ฿7.98 Million | +0.2% |
| Other Changes | ฿-10.63 Million | -0.27% |
| Total Change | ฿- | 2.63% |
Book Value vs Market Value Analysis
This analysis compares Charoong Thai Wire and Cable Public Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.35x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿10.22 | ฿3.48 | x |
| 2007-12-31 | ฿9.89 | ฿3.48 | x |
| 2008-12-31 | ฿7.87 | ฿3.48 | x |
| 2009-12-31 | ฿8.56 | ฿3.48 | x |
| 2010-12-31 | ฿9.98 | ฿3.48 | x |
| 2011-12-31 | ฿9.86 | ฿3.48 | x |
| 2012-12-31 | ฿10.73 | ฿3.48 | x |
| 2013-12-31 | ฿10.98 | ฿3.48 | x |
| 2014-12-31 | ฿10.45 | ฿3.48 | x |
| 2015-12-31 | ฿9.83 | ฿3.48 | x |
| 2016-12-31 | ฿10.32 | ฿3.48 | x |
| 2017-12-31 | ฿10.65 | ฿3.48 | x |
| 2018-12-31 | ฿10.98 | ฿3.48 | x |
| 2019-12-31 | ฿10.65 | ฿3.48 | x |
| 2020-12-31 | ฿11.27 | ฿3.48 | x |
| 2021-12-31 | ฿9.88 | ฿3.48 | x |
| 2022-12-31 | ฿9.80 | ฿3.48 | x |
| 2023-12-31 | ฿9.60 | ฿3.48 | x |
| 2024-12-31 | ฿9.86 | ฿3.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Charoong Thai Wire and Cable Public Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.70%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 1.43x
- Recent ROE (2.63%) is below the historical average (4.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 7.83% | 7.93% | 0.71x | 1.38x | ฿-38.65 Million |
| 2002 | 9.15% | 8.37% | 0.71x | 1.55x | ฿-27.81 Million |
| 2003 | 10.11% | 8.21% | 0.88x | 1.40x | ฿3.74 Million |
| 2004 | 7.76% | 4.78% | 0.99x | 1.63x | ฿-83.40 Million |
| 2005 | 8.56% | 4.65% | 1.10x | 1.67x | ฿-55.06 Million |
| 2006 | 13.75% | 5.58% | 1.22x | 2.02x | ฿150.88 Million |
| 2007 | 4.48% | 1.74% | 1.32x | 1.95x | ฿-217.36 Million |
| 2008 | -20.72% | -7.61% | 1.47x | 1.85x | ฿-962.59 Million |
| 2009 | 8.87% | 6.09% | 1.05x | 1.38x | ฿-38.64 Million |
| 2010 | 13.75% | 6.88% | 1.23x | 1.63x | ฿148.69 Million |
| 2011 | 4.26% | 2.23% | 1.28x | 1.50x | ฿-227.56 Million |
| 2012 | 12.50% | 7.30% | 1.17x | 1.46x | ฿106.30 Million |
| 2013 | 6.74% | 4.31% | 1.07x | 1.46x | ฿-142.98 Million |
| 2014 | 2.69% | 1.65% | 1.02x | 1.60x | ฿-306.97 Million |
| 2015 | -2.51% | -1.53% | 1.14x | 1.43x | ฿-489.49 Million |
| 2016 | 6.87% | 4.38% | 1.12x | 1.40x | ฿-128.66 Million |
| 2017 | 6.63% | 3.56% | 1.23x | 1.51x | ฿-142.86 Million |
| 2018 | 6.58% | 3.61% | 1.31x | 1.39x | ฿-149.52 Million |
| 2019 | 0.99% | 0.71% | 1.13x | 1.24x | ฿-381.66 Million |
| 2020 | 6.66% | 6.40% | 0.85x | 1.22x | ฿-149.87 Million |
| 2021 | -10.70% | -6.59% | 0.99x | 1.64x | ฿-813.97 Million |
| 2022 | 0.63% | 0.41% | 0.99x | 1.56x | ฿-365.32 Million |
| 2023 | -3.60% | -2.38% | 0.95x | 1.60x | ฿-519.66 Million |
| 2024 | 2.63% | 1.70% | 1.08x | 1.43x | ฿-288.92 Million |
Industry Comparison
This section compares Charoong Thai Wire and Cable Public Company Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,844,385,609
- Average return on equity (ROE) among peers: 7.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Charoong Thai Wire and Cable Public Company Limited (CTW) | ฿4.00 Billion | 7.83% | 0.44x | $14.38 Million |
| Thai Energy Storage Technology Public Company Limited (3K-BAT) | $1.98 Billion | -7.27% | 0.89x | $2.00 Million |
| Asian Insulators PCL (AI) | $3.41 Billion | 11.31% | 0.19x | $27.20 Million |
| Ekarat Engineering Public Company Limited (AKR) | $1.68 Billion | 16.66% | 0.42x | $23.80 Million |
| Asefa Public Company Limited (ASEFA) | $612.24 Million | 18.56% | 1.82x | $13.26 Million |
| C.I. Group Public Company Limited (CIG) | $362.41 Million | -35.87% | 1.41x | $1.58 Million |
| Cpt Drives & Power Pcl (CPT) | $493.86 Million | 22.89% | 0.85x | $7.81 Million |
| Delta Electronics (Thailand) Public Company Limited (DELTA) | $13.93 Billion | 29.02% | 0.54x | $36.09 Billion |
| QTC Energy Public Company Limited (QTC) | $1.69 Billion | 9.31% | 0.14x | $14.48 Million |
| SCI Electric Public Company Limited (SCI) | $1.45 Billion | 0.11% | 1.17x | $7.53 Million |