Charoong Thai Wire and Cable Public Company Limited (CTW) - Net Assets

Latest as of December 2025: ฿4.00 Billion THB ≈ $124.71 Million USD

Based on the latest financial reports, Charoong Thai Wire and Cable Public Company Limited (CTW) has net assets worth ฿4.00 Billion THB (≈ $124.71 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿6.03 Billion ≈ $187.96 Million USD) and total liabilities (฿2.03 Billion ≈ $63.25 Million USD). 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. Check CTW tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿4.00 Billion
% of Total Assets	66.35%
Annual Growth Rate	2.86%
5-Year Change	1.76%
10-Year Change	-5.4%
Growth Volatility	18.54

Charoong Thai Wire and Cable Public Company Limited - Net Assets Trend (2000–2025)

This chart illustrates how Charoong Thai Wire and Cable Public Company Limited's net assets have evolved over time, based on quarterly financial data. See Charoong Thai Wire and Cable Public Comp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Charoong Thai Wire and Cable Public Company Limited (2000–2025)

The table below shows the annual net assets of Charoong Thai Wire and Cable Public Company Limited from 2000 to 2025. For live valuation and market cap data, see Charoong Thai Wire and Cable Public Comp stock valuation.

Year	Net Assets	Change
2025-12-31	฿4.00 Billion ≈ $124.71 Million	+2.05%
2024-12-31	฿3.92 Billion ≈ $122.20 Million	+2.57%
2023-12-31	฿3.82 Billion ≈ $119.15 Million	-1.98%
2022-12-31	฿3.90 Billion ≈ $121.56 Million	-0.82%
2021-12-31	฿3.93 Billion ≈ $122.56 Million	-12.74%
2020-12-31	฿4.51 Billion ≈ $140.45 Million	+5.58%
2019-12-31	฿4.27 Billion ≈ $133.03 Million	-4.32%
2018-12-31	฿4.46 Billion ≈ $139.03 Million	+2.39%
2017-12-31	฿4.36 Billion ≈ $135.79 Million	+3.01%
2016-12-31	฿4.23 Billion ≈ $131.82 Million	+4.12%
2015-12-31	฿4.06 Billion ≈ $126.61 Million	-7.01%
2014-12-31	฿4.37 Billion ≈ $136.15 Million	-5.06%
2013-12-31	฿4.60 Billion ≈ $143.40 Million	+5.01%
2012-12-31	฿4.38 Billion ≈ $136.55 Million	+7.13%
2011-12-31	฿4.09 Billion ≈ $127.46 Million	+0.00%
2010-12-31	฿4.09 Billion ≈ $127.46 Million	+16.34%
2009-12-31	฿3.51 Billion ≈ $109.55 Million	+8.98%
2008-12-31	฿3.23 Billion ≈ $100.52 Million	-20.35%
2007-12-31	฿4.05 Billion ≈ $126.20 Million	-2.82%
2006-12-31	฿4.17 Billion ≈ $129.86 Million	+5.70%
2005-12-31	฿3.94 Billion ≈ $122.86 Million	+2.37%
2004-12-31	฿3.85 Billion ≈ $120.02 Million	+3.81%
2003-12-31	฿3.71 Billion ≈ $115.61 Million	+7.24%
2002-12-31	฿3.46 Billion ≈ $107.81 Million	+87.63%
2001-12-31	฿1.84 Billion ≈ $57.46 Million	-6.74%
2000-12-31	฿1.98 Billion ≈ $61.61 Million	--

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 64276777400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿642.77 Million	16.05%
Other Components	฿3.36 Billion	83.95%
Total Equity	฿4.00 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
AUGUSTA GOLD DL-0001 F:7RZ	$89.95 Million
Laster Tech Corp Ltd TW:3346	$89.96 Million
Kabra Extrusion Technik Limited NSE:KABRAEXTRU	$89.97 Million
Min Aik Precision Industrial Co Ltd TW:4545	$90.00 Million
KKB Engineering Berhad KLSE:9466	$89.89 Million
BCP Investment Corp. NASDAQ:BCIC	$89.86 Million
Aditya Birla Money Limited NSE:BIRLAMONEY	$89.81 Million
Ilsung Pharm KO:003120	$89.79 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 2024 to 2025, total equity changed from 3,922,030,317 to 4,004,401,524, a change of 82,371,207 (2.1%).
Net income of 107,214,624 contributed positively to equity growth.
Dividend payments of 19,711,136 reduced retained earnings.
Other comprehensive income decreased equity by 240,802,795.
Other factors increased equity by 235,670,514.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿107.21 Million	+2.68%
Dividends Paid	฿19.71 Million	-0.49%
Other Comprehensive Income	฿-240.80 Million	-6.01%
Other Changes	฿235.67 Million	+5.89%
Total Change	฿-	2.10%

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: 0.72x
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	฿7.25	x
2007-12-31	฿9.89	฿7.25	x
2008-12-31	฿7.87	฿7.25	x
2009-12-31	฿8.56	฿7.25	x
2010-12-31	฿9.98	฿7.25	x
2011-12-31	฿9.86	฿7.25	x
2012-12-31	฿10.73	฿7.25	x
2013-12-31	฿10.98	฿7.25	x
2014-12-31	฿10.45	฿7.25	x
2015-12-31	฿9.83	฿7.25	x
2016-12-31	฿10.32	฿7.25	x
2017-12-31	฿10.65	฿7.25	x
2018-12-31	฿10.98	฿7.25	x
2019-12-31	฿10.65	฿7.25	x
2020-12-31	฿11.27	฿7.25	x
2021-12-31	฿9.88	฿7.25	x
2022-12-31	฿9.80	฿7.25	x
2023-12-31	฿9.60	฿7.25	x
2024-12-31	฿9.86	฿7.25	x
2025-12-31	฿10.06	฿7.25	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): 2.68%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.85%
• Asset Turnover: 0.96x
• Equity Multiplier: 1.51x
Recent ROE (2.68%) is below the historical average (4.26%), 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
2025	2.68%	1.85%	0.96x	1.51x	฿-293.23 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: $4,285,248,298
Average return on equity (ROE) among peers: 3.91%

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%	0.51x	$89.92 Million
Asian Insulators PCL (AI)	$3.07 Billion	7.68%	0.17x	$63.27 Million
Ekarat Engineering Public Company Limited (AKR)	$1.28 Billion	7.02%	0.62x	$41.29 Million
Asefa Public Company Limited (ASEFA)	$1.55 Billion	9.24%	0.38x	$95.86 Million
C.I. Group Public Company Limited (CIG)	$493.14 Million	-40.27%	1.07x	$3.49 Million
Cpt Drives & Power Pcl (CPT)	$992.20 Million	1.46%	0.33x	$28.33 Million
Delta Electronics (Thailand) Public Company Limited (DELTA)	$27.60 Billion	21.60%	0.39x	$134.52 Billion
QTC Energy Public Company Limited (QTC)	$1.58 Billion	1.00%	0.17x	$48.48 Million
SCI Electric Public Company Limited (SCI)	$1.91 Billion	1.07%	0.74x	$22.21 Million
Teera-Mongkol Industry Public Company Limited (TMI)	$89.62 Million	26.37%	1.21x	$10.05 Million

About Charoong Thai Wire and Cable Public Company Limited

BK:CTW Thailand Electrical Equipment & Parts

Market Cap

$89.92 Million

฿2.88 Billion THB

Market Cap Rank

#19704 Global

#288 in Thailand

Share Price

฿7.25

Change (1 day)

+1.40%

52-Week Range

฿2.58 - ฿7.25

All Time High

฿9.89