Ocean Glass Public Company Limited (OGC) - Net Assets

Latest as of December 2025: ฿1.79 Billion THB ≈ $55.80 Million USD

Based on the latest financial reports, Ocean Glass Public Company Limited (OGC) has net assets worth ฿1.79 Billion THB (≈ $55.80 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 (฿3.88 Billion ≈ $120.81 Million USD) and total liabilities (฿2.09 Billion ≈ $65.01 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 Ocean Glass Public Company Limited (OGC) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.79 Billion
% of Total Assets	46.19%
Annual Growth Rate	5.24%
5-Year Change	-2.66%
10-Year Change	5.63%
Growth Volatility	12.25

Ocean Glass Public Company Limited - Net Assets Trend (2000–2025)

This chart illustrates how Ocean Glass Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Ocean Glass Public Company Limited's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Ocean Glass Public Company Limited (2000–2025)

The table below shows the annual net assets of Ocean Glass Public Company Limited from 2000 to 2025. For live valuation and market cap data, see market cap of Ocean Glass Public Company Limited.

Year	Net Assets	Change
2025-12-31	฿1.79 Billion ≈ $55.80 Million	-3.16%
2024-12-31	฿1.85 Billion ≈ $57.61 Million	-6.03%
2023-12-31	฿1.97 Billion ≈ $61.31 Million	+5.01%
2022-12-31	฿1.87 Billion ≈ $58.38 Million	+1.86%
2021-12-31	฿1.84 Billion ≈ $57.32 Million	+0.28%
2020-12-31	฿1.83 Billion ≈ $57.16 Million	-2.09%
2019-12-31	฿1.87 Billion ≈ $58.37 Million	-0.02%
2018-12-31	฿1.87 Billion ≈ $58.38 Million	-0.52%
2017-12-31	฿1.88 Billion ≈ $58.69 Million	+11.10%
2016-12-31	฿1.69 Billion ≈ $52.82 Million	+1.72%
2015-12-31	฿1.67 Billion ≈ $51.93 Million	+7.51%
2014-12-31	฿1.55 Billion ≈ $48.30 Million	+8.21%
2013-12-31	฿1.43 Billion ≈ $44.64 Million	-5.77%
2012-12-31	฿1.52 Billion ≈ $47.38 Million	-6.31%
2011-12-31	฿1.62 Billion ≈ $50.57 Million	+1.54%
2010-12-31	฿1.60 Billion ≈ $49.80 Million	+4.98%
2009-12-31	฿1.52 Billion ≈ $47.44 Million	-2.01%
2008-12-31	฿1.55 Billion ≈ $48.41 Million	+1.90%
2007-12-31	฿1.52 Billion ≈ $47.51 Million	+4.38%
2006-12-31	฿1.46 Billion ≈ $45.52 Million	+3.40%
2005-12-31	฿1.41 Billion ≈ $44.02 Million	+32.74%
2004-12-31	฿1.06 Billion ≈ $33.16 Million	+11.61%
2003-12-31	฿953.21 Million ≈ $29.71 Million	+5.25%
2002-12-31	฿905.68 Million ≈ $28.23 Million	+21.28%
2001-12-31	฿746.74 Million ≈ $23.28 Million	+49.56%
2000-12-31	฿499.29 Million ≈ $15.56 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ocean Glass 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 5354.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿364.18 Million	20.34%
Other Components	฿1.43 Billion	79.66%
Total Equity	฿1.79 Billion	100.00%

Ocean Glass Public Company Limited Competitors by Market Cap

The table below lists competitors of Ocean Glass Public Company Limited ranked by their market capitalization.

Company	Market Cap
Hilton Food Group Plc LSE:HFG	$5.89 Million
HB Global Ltd KLSE:5187	$5.89 Million
KWANGJIN WINTEC CO. Ltd KQ:090150	$5.89 Million
Enlitic Inc AU:ENL	$5.90 Million
JLEN Environmental Assets Group Ltd LSE:JLEN	$5.88 Million
Eugene Special Purpose Acquisitions 4 Company KQ:321260	$5.88 Million
Mint Incorporation Limited Class A Ordinary Shares NASDAQ:MIMI	$5.87 Million
Algorhythm Holdings, Inc. NASDAQ:RIME	$5.87 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ocean Glass Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,848,429,000 to 1,790,091,000, a change of -58,338,000 (-3.2%).
Net loss of 97,093,000 reduced equity.
Other comprehensive income decreased equity by 875,344,000.
Other factors increased equity by 914,099,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿-97.09 Million	-5.42%
Other Comprehensive Income	฿-875.34 Million	-48.9%
Other Changes	฿914.10 Million	+51.06%
Total Change	฿-	-3.16%

Book Value vs Market Value Analysis

This analysis compares Ocean Glass 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: 0.11x
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
2004-12-31	฿50.25	฿8.85	x
2005-12-31	฿66.21	฿8.85	x
2006-12-31	฿68.46	฿8.85	x
2007-12-31	฿71.46	฿8.85	x
2008-12-31	฿72.81	฿8.85	x
2009-12-31	฿71.35	฿8.85	x
2010-12-31	฿74.90	฿8.85	x
2011-12-31	฿76.06	฿8.85	x
2012-12-31	฿71.26	฿8.85	x
2013-12-31	฿67.14	฿8.85	x
2014-12-31	฿72.65	฿8.85	x
2015-12-31	฿78.11	฿8.85	x
2016-12-31	฿79.45	฿8.85	x
2017-12-31	฿88.27	฿8.85	x
2018-12-31	฿87.81	฿8.85	x
2019-12-31	฿87.80	฿8.85	x
2020-12-31	฿85.97	฿8.85	x
2021-12-31	฿86.21	฿8.85	x
2022-12-31	฿87.81	฿8.85	x
2023-12-31	฿92.21	฿8.85	x
2024-12-31	฿86.66	฿8.85	x
2025-12-31	฿83.92	฿8.85	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ocean Glass 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): -5.42%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -5.70%
• Asset Turnover: 0.44x
• Equity Multiplier: 2.17x
Recent ROE (-5.42%) is below the historical average (5.14%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	27.55%	11.90%	0.90x	2.58x	฿85.11 Million
2002	24.83%	17.80%	1.01x	1.38x	฿129.23 Million
2003	19.57%	13.64%	1.01x	1.42x	฿88.23 Million
2004	16.94%	14.13%	0.71x	1.68x	฿73.80 Million
2005	13.07%	12.60%	0.67x	1.55x	฿43.29 Million
2006	9.61%	8.70%	0.74x	1.49x	฿-5.63 Million
2007	8.82%	8.02%	0.68x	1.61x	฿-18.03 Million
2008	6.18%	5.23%	0.64x	1.85x	฿-59.33 Million
2009	-0.09%	-0.08%	0.54x	2.03x	฿-153.49 Million
2010	5.89%	5.11%	0.59x	1.96x	฿-65.67 Million
2011	3.54%	2.79%	0.63x	2.02x	฿-104.87 Million
2012	-4.84%	-3.59%	0.65x	2.07x	฿-225.51 Million
2013	-2.96%	-2.11%	0.58x	2.42x	฿-185.66 Million
2014	3.03%	2.26%	0.66x	2.04x	฿-107.95 Million
2015	8.01%	6.71%	0.62x	1.92x	฿-33.18 Million
2016	5.58%	4.64%	0.67x	1.79x	฿-74.89 Million
2017	3.50%	3.07%	0.70x	1.62x	฿-122.31 Million
2018	1.31%	1.21%	0.62x	1.74x	฿-162.85 Million
2019	0.97%	0.97%	0.58x	1.72x	฿-169.15 Million
2020	-13.41%	-22.12%	0.32x	1.88x	฿-429.27 Million
2021	0.16%	0.20%	0.46x	1.83x	฿-180.87 Million
2022	1.08%	1.04%	0.56x	1.87x	฿-167.00 Million
2023	0.71%	0.70%	0.52x	1.96x	฿-182.68 Million
2024	-5.22%	-5.41%	0.45x	2.12x	฿-281.24 Million
2025	-5.42%	-5.70%	0.44x	2.17x	฿-276.10 Million

Industry Comparison

This section compares Ocean Glass Public Company Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

Industry: Furnishings, Fixtures & Appliances
Average net assets among peers: $1,356,152,042
Average return on equity (ROE) among peers: 14.65%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ocean Glass Public Company Limited (OGC)	฿1.79 Billion	27.55%	1.17x	$5.88 Million
Bangkok Dec-Con Public Company Limited (BKD)	$1.15 Billion	6.87%	0.48x	$35.22 Million
East Coast Furnitech Public Company Limited (ECF)	$1.03 Billion	7.10%	1.70x	$2.00 Million
Fancy Wood Industries Public Company Limited (FANCY)	$774.55 Million	57.98%	0.47x	$5.94 Million
Home Pottery Public Company Limited (HPT)	$318.50 Million	7.42%	0.18x	$6.81 Million
Masterkool International Public Company Limited (KOOL)	$1.48 Billion	4.76%	0.32x	$20.33 Million
Kang Yong Electric Public Company Limited (KYE)	$2.20 Billion	9.63%	0.68x	$183.29 Million
Modernform Group Public Company Limited (MODERN)	$2.16 Billion	6.25%	0.46x	$42.50 Million
Rockworth Public Company Limited (ROCK)	$290.70 Million	30.62%	1.73x	$7.04 Million
Siam Steel International Public Company Limited (SIAM)	$2.81 Billion	1.26%	0.30x	$12.57 Million

About Ocean Glass Public Company Limited

BK:OGC Thailand Furnishings, Fixtures & Appliances

Market Cap

$5.88 Million

฿188.78 Million THB

Market Cap Rank

#28042 Global

#600 in Thailand

Share Price

฿8.85

Change (1 day)

-4.84%

52-Week Range

฿8.85 - ฿12.30

All Time High

฿52.33