Newcity (Bangkok) Public Company Limited
Newcity (Bangkok) Public Company Limited engages in the distribution of pantyhose, cosmetics, innerwear, and exercise outfits in Thailand. The company provides hosiery, legwear, nightwear, and sportwear under the Cherilon, Cherilon Intimate, Cherilon Dansmate, Cara, and SanRemo brand names, as well as personal care under the Scruples brand. It also exports its products. Newcity (Bangkok) Public C… Read more
Newcity (Bangkok) Public Company Limited (NC) - Net Assets
Latest net assets as of September 2025: ฿477.20 Million THB
Based on the latest financial reports, Newcity (Bangkok) Public Company Limited (NC) has net assets worth ฿477.20 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿841.49 Million) and total liabilities (฿364.29 Million). 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 | ฿477.20 Million |
| % of Total Assets | 56.71% |
| Annual Growth Rate | 5.95% |
| 5-Year Change | 9.87% |
| 10-Year Change | 30.79% |
| Growth Volatility | 14.07 |
Newcity (Bangkok) Public Company Limited - Net Assets Trend (2001–2024)
This chart illustrates how Newcity (Bangkok) 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 Newcity (Bangkok) Public Company Limited (2001–2024)
The table below shows the annual net assets of Newcity (Bangkok) Public Company Limited from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿478.63 Million | +1.22% |
| 2023-12-31 | ฿472.84 Million | +3.88% |
| 2022-12-31 | ฿455.19 Million | -0.19% |
| 2021-12-31 | ฿456.07 Million | +4.69% |
| 2020-12-31 | ฿435.62 Million | -3.10% |
| 2019-12-31 | ฿449.55 Million | +0.66% |
| 2018-12-31 | ฿446.58 Million | +1.28% |
| 2017-12-31 | ฿440.95 Million | +11.85% |
| 2016-12-31 | ฿394.22 Million | +7.72% |
| 2015-12-31 | ฿365.95 Million | -2.30% |
| 2014-12-31 | ฿374.56 Million | +6.38% |
| 2013-12-31 | ฿352.09 Million | -3.15% |
| 2012-12-31 | ฿363.53 Million | +25.31% |
| 2011-12-31 | ฿290.11 Million | +18.72% |
| 2010-12-31 | ฿244.36 Million | +30.70% |
| 2009-12-31 | ฿186.96 Million | +21.24% |
| 2008-12-31 | ฿154.21 Million | +5.93% |
| 2007-12-31 | ฿145.57 Million | -2.78% |
| 2006-12-31 | ฿149.74 Million | +9.36% |
| 2005-12-31 | ฿136.93 Million | -5.62% |
| 2004-12-31 | ฿145.07 Million | -22.38% |
| 2003-12-31 | ฿186.90 Million | +47.63% |
| 2002-12-31 | ฿126.60 Million | -0.10% |
| 2001-12-31 | ฿126.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newcity (Bangkok) 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 18344879500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿183.45 Million | 38.33% |
| Common Stock | ฿149.51 Million | 31.24% |
| Other Comprehensive Income | ฿14.95 Million | 3.12% |
| Other Components | ฿130.72 Million | 27.31% |
| Total Equity | ฿478.63 Million | 100.00% |
Newcity (Bangkok) Public Company Limited Competitors by Market Cap
The table below lists competitors of Newcity (Bangkok) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Delta 9 Cannabis Inc
PINK:DLTNF
|
$2.12 Million |
|
BALOISE HLDG N - Dusseldorf Stock Exchang
DU:BLON
|
$2.12 Million |
|
Rewardle Holdings Ltd
AU:RXH
|
$2.12 Million |
|
APPLIED IND TECH
BE:AT4
|
$2.12 Million |
|
Reliability Incorporated
PINK:RLBY
|
$2.12 Million |
|
Orgabio Holdings Bhd
KLSE:0252
|
$2.12 Million |
|
MAS Gold Corp
PINK:MSGCF
|
$2.12 Million |
|
Viji Finance Limited
NSE:VIJIFIN
|
$2.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newcity (Bangkok) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 472,841,322 to 478,631,508, a change of 5,790,186 (1.2%).
- Net income of 12,345,296 contributed positively to equity growth.
- Dividend payments of 2,990,200 reduced retained earnings.
- Other comprehensive income decreased equity by 136,233,015.
- Other factors increased equity by 132,668,105.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿12.35 Million | +2.58% |
| Dividends Paid | ฿2.99 Million | -0.62% |
| Other Comprehensive Income | ฿-136.23 Million | -28.46% |
| Other Changes | ฿132.67 Million | +27.72% |
| Total Change | ฿- | 1.22% |
Book Value vs Market Value Analysis
This analysis compares Newcity (Bangkok) 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: 0.59x
- 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.
- The price-to-book ratio has decreased from 1.83x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | ฿1.03 | ฿1.89 | x |
| 2009-12-31 | ฿1.25 | ฿1.89 | x |
| 2010-12-31 | ฿1.63 | ฿1.89 | x |
| 2011-12-31 | ฿1.94 | ฿1.89 | x |
| 2012-12-31 | ฿2.43 | ฿1.89 | x |
| 2013-12-31 | ฿2.35 | ฿1.89 | x |
| 2014-12-31 | ฿2.51 | ฿1.89 | x |
| 2015-12-31 | ฿2.45 | ฿1.89 | x |
| 2016-12-31 | ฿2.64 | ฿1.89 | x |
| 2017-12-31 | ฿2.95 | ฿1.89 | x |
| 2018-12-31 | ฿2.99 | ฿1.89 | x |
| 2019-12-31 | ฿3.01 | ฿1.89 | x |
| 2020-12-31 | ฿2.91 | ฿1.89 | x |
| 2021-12-31 | ฿3.05 | ฿1.89 | x |
| 2022-12-31 | ฿3.04 | ฿1.89 | x |
| 2023-12-31 | ฿3.16 | ฿1.89 | x |
| 2024-12-31 | ฿3.20 | ฿1.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newcity (Bangkok) 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): 2.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.45%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.68x
- Recent ROE (2.58%) is below the historical average (5.65%), 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 | 3.65% | 0.79% | 0.91x | 5.04x | ฿-8.05 Million |
| 2003 | 3.70% | 1.48% | 0.72x | 3.48x | ฿-11.77 Million |
| 2007 | 5.05% | 1.82% | 0.77x | 3.62x | ฿-7.20 Million |
| 2008 | 13.90% | 4.78% | 0.90x | 3.24x | ฿6.02 Million |
| 2009 | 10.60% | 4.00% | 0.99x | 2.68x | ฿1.13 Million |
| 2010 | 19.36% | 8.26% | 1.08x | 2.16x | ฿22.87 Million |
| 2011 | 13.70% | 6.50% | 1.05x | 2.01x | ฿10.73 Million |
| 2012 | 13.15% | 7.10% | 1.01x | 1.83x | ฿11.44 Million |
| 2013 | 10.44% | 5.37% | 1.06x | 1.83x | ฿1.55 Million |
| 2014 | 7.68% | 4.56% | 0.99x | 1.70x | ฿-8.67 Million |
| 2015 | 2.95% | 1.72% | 1.03x | 1.67x | ฿-25.80 Million |
| 2016 | 3.68% | 2.21% | 1.01x | 1.65x | ฿-24.90 Million |
| 2017 | 3.45% | 2.38% | 0.89x | 1.64x | ฿-28.86 Million |
| 2018 | 4.27% | 2.87% | 0.89x | 1.67x | ฿-25.57 Million |
| 2019 | 1.85% | 1.30% | 0.81x | 1.76x | ฿-36.64 Million |
| 2020 | -8.26% | -7.91% | 0.51x | 2.05x | ฿-79.55 Million |
| 2021 | -5.10% | -5.96% | 0.45x | 1.90x | ฿-68.85 Million |
| 2022 | 2.03% | 1.77% | 0.62x | 1.87x | ฿-36.26 Million |
| 2023 | 4.39% | 3.95% | 0.66x | 1.68x | ฿-26.53 Million |
| 2024 | 2.58% | 2.45% | 0.63x | 1.68x | ฿-35.52 Million |
Industry Comparison
This section compares Newcity (Bangkok) Public Company Limited's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $2,007,775,890
- Average return on equity (ROE) among peers: 3.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newcity (Bangkok) Public Company Limited (NC) | ฿477.20 Million | 3.65% | 0.76x | $2.12 Million |
| BGT Corporation Public Company Limited (BGT) | $430.36 Million | -0.67% | 0.61x | $1.61 Million |
| Boutique Newcity Public Company Limited (BTNC) | $462.32 Million | 0.00% | 0.39x | $956.92K |
| FN Factory Outlet Public Company Limited (FN) | $407.19 Million | 12.24% | 1.40x | $2.66 Million |
| I.C.C. International Public Company Limited (ICC) | $6.73 Billion | 3.14% | 0.29x | $60.66 Million |