New Plus Knitting Public Company Limited Net Assets

Latest as of September 2025: ฿456.07 Million THB ≈ $14.22 Million USD

New Plus Knitting Public Company Limited net assets. Based on the latest financial reports, New Plus Knitting Public Company Limited (NPK) has net assets worth ฿456.07 Million THB (≈ $14.22 Million USD) 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 ≈ $16.86 Million USD) and total liabilities (฿84.83 Million ≈ $2.64 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. Also explore how fast is New Plus Knitting Public Company Limited growing its equity to track the company's year-over-year net asset growth rate.

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

Net Assets of New Plus Knitting Public Company Limited (2006–2024)

Net assets of New Plus Knitting Public Company Limited from 2006 to 2024. This chart illustrates how New Plus Knitting Public Company Limited's net assets have evolved over time, based on quarterly financial data. See net asset quality index of New Plus Knitting Public Company Limited to measure how much of total assets are equity-financed.

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. For live market cap and overall valuation, see how much is New Plus Knitting Public Company Limited worth.

Year	Net Assets	Change
2024-12-31	฿425.02 Million ≈ $13.25 Million	-2.04%
2023-12-31	฿433.88 Million ≈ $13.52 Million	-1.92%
2022-12-31	฿442.36 Million ≈ $13.79 Million	+6.40%
2021-12-31	฿415.77 Million ≈ $12.96 Million	-4.77%
2020-12-31	฿436.61 Million ≈ $13.61 Million	+1.19%
2019-12-31	฿431.46 Million ≈ $13.45 Million	+2.41%
2018-12-31	฿421.32 Million ≈ $13.13 Million	+8.89%
2017-12-31	฿386.92 Million ≈ $12.06 Million	+12.81%
2016-12-31	฿342.98 Million ≈ $10.69 Million	+13.95%
2015-12-31	฿301.00 Million ≈ $9.38 Million	+9.44%
2014-12-31	฿275.04 Million ≈ $8.57 Million	+9.06%
2013-12-31	฿252.20 Million ≈ $7.86 Million	+16.68%
2012-12-31	฿216.14 Million ≈ $6.74 Million	+46.93%
2011-12-31	฿147.10 Million ≈ $4.58 Million	+82.42%
2010-12-31	฿80.64 Million ≈ $2.51 Million	+315.30%
2009-12-31	฿19.42 Million ≈ $605.21K	+134.70%
2008-12-31	฿-55.96 Million ≈ $-1.74 Million	+7.22%
2007-12-31	฿-60.32 Million ≈ $-1.88 Million	-23.07%
2006-12-31	฿-49.01 Million ≈ $-1.53 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.

New Plus Knitting Public Company Limited Net Assets Breakdown (December 2024)

New Plus Knitting Public Company Limited net assets breakdown by equity component as of 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
Fancy Wood Industries Public Company Limited BK:FANCY	$3.83 Million
HB Stockholdings Limited NSE:HBSL	$3.83 Million
Parx Plastics NV PA:MLPRX	$3.84 Million
Red Sky Energy Ltd AU:ROG	$3.84 Million
Searchlight Resources Inc V:SCLT	$3.83 Million
BACTECH ENVIRONMENT.CORP. F:0BT1	$3.83 Million
Baillie Gifford Shin Nippon PLC LSE:BGS	$3.83 Million
Frp Advisory Group Plc LSE:FRP	$3.83 Million

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: 0.29x
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	฿12.30	x
2007-12-31	฿-6.03	฿12.30	x
2008-12-31	฿-5.55	฿12.30	x
2009-12-31	฿1.94	฿12.30	x
2010-12-31	฿8.06	฿12.30	x
2011-12-31	฿14.71	฿12.30	x
2012-12-31	฿21.61	฿12.30	x
2013-12-31	฿25.22	฿12.30	x
2014-12-31	฿27.50	฿12.30	x
2015-12-31	฿30.10	฿12.30	x
2016-12-31	฿34.30	฿12.30	x
2017-12-31	฿38.69	฿12.30	x
2018-12-31	฿42.13	฿12.30	x
2019-12-31	฿43.15	฿12.30	x
2020-12-31	฿43.66	฿12.30	x
2021-12-31	฿41.58	฿12.30	x
2022-12-31	฿44.11	฿12.30	x
2023-12-31	฿43.26	฿12.30	x
2024-12-31	฿41.80	฿12.30	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: $1,628,817,390
Average return on equity (ROE) among peers: 22.63%

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	$3.83 Million
Castle Peak Holdings Public Company Limited (CPH)	$858.47 Million	5.88%	0.76x	$13.22 Million
MC Group Public Company Limited (MC)	$805.72 Million	74.38%	1.50x	$271.55 Million
People's Garment Public Company Limited (PG)	$1.13 Billion	10.35%	0.13x	$19.60 Million
Sabina Public Company Limited (SABINA)	$347.50 Million	17.45%	4.85x	$166.80 Million
Thai Wacoal Public Company Limited (WACOAL)	$5.00 Billion	5.08%	0.20x	$58.35 Million

About New Plus Knitting Public Company Limited

BK:NPK Thailand Apparel Manufacturing

Market Cap

$3.83 Million

฿123.00 Million THB

Market Cap Rank

#29027 Global

#622 in Thailand

Share Price

฿12.30

Change (1 day)

+2.50%

52-Week Range

฿10.00 - ฿19.50

All Time High

฿36.41