New Plus Knitting Public Company Limited
New Plus Knitting Public Company Limited engages in the manufacture and distribution of women's stockings, socks, women's underwear, and other products in Thailand and internationally. The company was incorporated in 1972 and is headquartered in Chachoengsao, Thailand.
New Plus Knitting Public Company Limited (NPK) - Net Assets
Latest net assets as of September 2025: ฿456.07 Million THB
Based on the latest financial reports, New Plus Knitting Public Company Limited (NPK) has net assets worth ฿456.07 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 (฿540.90 Million) and total liabilities (฿84.83 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 | ฿456.07 Million |
| % of Total Assets | 84.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2.65% |
| 10-Year Change | 41.2% |
| Growth Volatility | 78.13 |
New Plus Knitting Public Company Limited - Net Assets Trend (2006–2024)
This chart illustrates how New Plus Knitting 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 New Plus Knitting Public Company Limited (2006–2024)
The table below shows the annual net assets of New Plus Knitting Public Company Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿425.02 Million | -2.04% |
| 2023-12-31 | ฿433.88 Million | -1.92% |
| 2022-12-31 | ฿442.36 Million | +6.40% |
| 2021-12-31 | ฿415.77 Million | -4.77% |
| 2020-12-31 | ฿436.61 Million | +1.19% |
| 2019-12-31 | ฿431.46 Million | +2.41% |
| 2018-12-31 | ฿421.32 Million | +8.89% |
| 2017-12-31 | ฿386.92 Million | +12.81% |
| 2016-12-31 | ฿342.98 Million | +13.95% |
| 2015-12-31 | ฿301.00 Million | +9.44% |
| 2014-12-31 | ฿275.04 Million | +9.06% |
| 2013-12-31 | ฿252.20 Million | +16.68% |
| 2012-12-31 | ฿216.14 Million | +46.93% |
| 2011-12-31 | ฿147.10 Million | +82.42% |
| 2010-12-31 | ฿80.64 Million | +315.30% |
| 2009-12-31 | ฿19.42 Million | +134.70% |
| 2008-12-31 | ฿-55.96 Million | +7.22% |
| 2007-12-31 | ฿-60.32 Million | -23.07% |
| 2006-12-31 | ฿-49.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Plus Knitting 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 42141706800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿191.47 Million | 45.80% |
| Common Stock | ฿100.00 Million | 23.92% |
| Other Comprehensive Income | ฿10.00 Million | 2.39% |
| Other Components | ฿116.58 Million | 27.89% |
| Total Equity | ฿418.05 Million | 100.00% |
New Plus Knitting Public Company Limited Competitors by Market Cap
The table below lists competitors of New Plus Knitting Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Nonferrous Gold Limited
PINK:CFEGF
|
$798.06K |
|
Odyssey Group International Inc
PINK:ODYY
|
$798.13K |
|
Martina Minerals Corp
V:MTN-H
|
$799.02K |
|
Northern Shield Resources Inc
PINK:NSHRF
|
$799.43K |
|
INCYTE - Dusseldorf Stock Exchang
DU:ICY
|
$798.00K |
|
I&M BANK RWANDA LTD
RSE:IMR
|
$797.89K |
|
Ansal Properties & Infrastructure Limited
NSE:ANSALAPI
|
$797.78K |
|
VISTEON (VS51.SG)
STU:VS51
|
$797.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Plus Knitting Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 432,647,829 to 418,046,560, a change of -14,601,269 (-3.4%).
- Net loss of 9,124,538 reduced equity.
- Other factors decreased equity by 5,476,731.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-9.12 Million | -2.18% |
| Other Changes | ฿-5.48 Million | -1.31% |
| Total Change | ฿- | -3.37% |
Book Value vs Market Value Analysis
This analysis compares New Plus Knitting 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: 0.33x
- 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 | ฿-4.90 | ฿13.70 | x |
| 2007-12-31 | ฿-6.03 | ฿13.70 | x |
| 2008-12-31 | ฿-5.55 | ฿13.70 | x |
| 2009-12-31 | ฿1.94 | ฿13.70 | x |
| 2010-12-31 | ฿8.06 | ฿13.70 | x |
| 2011-12-31 | ฿14.71 | ฿13.70 | x |
| 2012-12-31 | ฿21.61 | ฿13.70 | x |
| 2013-12-31 | ฿25.22 | ฿13.70 | x |
| 2014-12-31 | ฿27.50 | ฿13.70 | x |
| 2015-12-31 | ฿30.10 | ฿13.70 | x |
| 2016-12-31 | ฿34.30 | ฿13.70 | x |
| 2017-12-31 | ฿38.69 | ฿13.70 | x |
| 2018-12-31 | ฿42.13 | ฿13.70 | x |
| 2019-12-31 | ฿43.15 | ฿13.70 | x |
| 2020-12-31 | ฿43.66 | ฿13.70 | x |
| 2021-12-31 | ฿41.58 | ฿13.70 | x |
| 2022-12-31 | ฿44.11 | ฿13.70 | x |
| 2023-12-31 | ฿43.26 | ฿13.70 | x |
| 2024-12-31 | ฿41.80 | ฿13.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Plus Knitting 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): -2.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.14%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.21x
- Recent ROE (-2.18%) is below the historical average (30.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | -12.91% | 0.80x | 0.00x | ฿-30.66 Million |
| 2007 | 0.00% | -12.41% | 0.85x | 0.00x | ฿-25.35 Million |
| 2008 | 0.00% | 1.45% | 1.01x | 0.00x | ฿9.93 Million |
| 2009 | 388.37% | 24.98% | 1.05x | 14.87x | ฿73.47 Million |
| 2010 | 75.51% | 17.05% | 1.14x | 3.87x | ฿52.82 Million |
| 2011 | 45.14% | 16.57% | 1.16x | 2.35x | ฿51.68 Million |
| 2012 | 22.59% | 11.37% | 1.06x | 1.87x | ฿27.20 Million |
| 2013 | 9.17% | 5.71% | 0.80x | 2.01x | ฿-2.10 Million |
| 2014 | 9.18% | 6.57% | 0.83x | 1.68x | ฿-2.26 Million |
| 2015 | 9.29% | 7.46% | 0.82x | 1.52x | ฿-2.14 Million |
| 2016 | 12.48% | 10.81% | 0.82x | 1.42x | ฿8.49 Million |
| 2017 | 8.12% | 8.77% | 0.74x | 1.26x | ฿-7.26 Million |
| 2018 | 8.41% | 9.15% | 0.76x | 1.21x | ฿-6.70 Million |
| 2019 | 3.35% | 4.26% | 0.68x | 1.15x | ฿-28.69 Million |
| 2020 | 2.18% | 4.46% | 0.44x | 1.12x | ฿-34.15 Million |
| 2021 | -4.64% | -12.98% | 0.32x | 1.12x | ฿-60.88 Million |
| 2022 | -4.28% | -8.58% | 0.43x | 1.17x | ฿-62.99 Million |
| 2023 | -1.97% | -3.56% | 0.48x | 1.15x | ฿-51.78 Million |
| 2024 | -2.18% | -4.14% | 0.44x | 1.21x | ฿-50.93 Million |
Industry Comparison
This section compares New Plus Knitting Public Company Limited's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $1,794,704,510
- Average return on equity (ROE) among peers: 9.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Plus Knitting Public Company Limited (NPK) | ฿456.07 Million | 0.00% | 0.19x | $798.01K |
| Castle Peak Holdings Public Company Limited (CPH) | $426.36 Million | 7.27% | 2.36x | $4.78 Million |
| MC Group Public Company Limited (MC) | $3.72 Billion | 20.45% | 0.48x | $124.10 Million |
| People's Garment Public Company Limited (PG) | $1.47 Billion | 0.21% | 0.12x | $2.11 Million |
| Sabina Public Company Limited (SABINA) | $1.57 Billion | 9.38% | 0.47x | $74.21 Million |