Regional Container Lines Public Company Limited
Regional Container Lines Public Company Limited, together with its subsidiaries, engages in the feeder and vessel operations in Thailand, Singapore, Hong Kong, the People's Republic of China, Taiwan, and internationally. It also offers sea freight services for oversized cargo and dangerous goods; and logistics solutions comprising ocean freight/air freight/cross border, inland haulage, multiple d… Read more
Regional Container Lines Public Company Limited (RCL-R) - Net Assets
Latest net assets as of June 2025: ฿51.63 Billion THB
Based on the latest financial reports, Regional Container Lines Public Company Limited (RCL-R) has net assets worth ฿51.63 Billion THB as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿74.65 Billion) and total liabilities (฿23.02 Billion). 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 | ฿51.63 Billion |
| % of Total Assets | 69.16% |
| Annual Growth Rate | 23.79% |
| 5-Year Change | 462.07% |
| 10-Year Change | N/A |
| Growth Volatility | 62.83 |
Regional Container Lines Public Company Limited - Net Assets Trend (2016–2024)
This chart illustrates how Regional Container Lines 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 Regional Container Lines Public Company Limited (2016–2024)
The table below shows the annual net assets of Regional Container Lines Public Company Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿51.00 Billion | +16.86% |
| 2023-12-31 | ฿43.64 Billion | -3.65% |
| 2022-12-31 | ฿45.29 Billion | +74.80% |
| 2021-12-31 | ฿25.91 Billion | +185.58% |
| 2020-12-31 | ฿9.07 Billion | +22.53% |
| 2019-12-31 | ฿7.41 Billion | -11.93% |
| 2018-12-31 | ฿8.41 Billion | -5.77% |
| 2017-12-31 | ฿8.92 Billion | -3.54% |
| 2016-12-31 | ฿9.25 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Regional Container Lines 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 1424.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿44.87 Billion | 87.98% |
| Other Components | ฿6.13 Billion | 12.02% |
| Total Equity | ฿51.00 Billion | 100.00% |
Regional Container Lines Public Company Limited Competitors by Market Cap
The table below lists competitors of Regional Container Lines Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jaya Real Property Tbk
JK:JRPT
|
$280.85 Million |
|
Beijing Mainstreets Investment
SHE:000609
|
$281.00 Million |
|
China National Complete Plant Import & Export Corp Ltd
SHE:000151
|
$281.00 Million |
|
EuBiologics Co. Ltd.
KQ:206650
|
$281.03 Million |
|
Sohu.Com Inc
NASDAQ:SOHU
|
$280.72 Million |
|
Plastika Kritis S.A.
AT:PLAKR
|
$280.59 Million |
|
Eventbrite Inc Class A
NYSE:EB
|
$280.54 Million |
|
Tianjin Jieqiang Power Equipment Co
SHE:300875
|
$280.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Regional Container Lines Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 43,643,538,812 to 51,002,227,329, a change of 7,358,688,517 (16.9%).
- Net income of 9,170,541,800 contributed positively to equity growth.
- Dividend payments of 1,242,922,845 reduced retained earnings.
- Other factors decreased equity by 568,930,438.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿9.17 Billion | +17.98% |
| Dividends Paid | ฿1.24 Billion | -2.44% |
| Other Changes | ฿-568.93 Million | -1.12% |
| Total Change | ฿- | 16.86% |
Book Value vs Market Value Analysis
This analysis compares Regional Container Lines 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: 0.44x
- 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 2.51x to 0.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ฿10.77 | ฿27.00 | x |
| 2018-12-31 | ฿10.14 | ฿27.00 | x |
| 2019-12-31 | ฿8.93 | ฿27.00 | x |
| 2020-12-31 | ฿10.94 | ฿27.00 | x |
| 2021-12-31 | ฿31.26 | ฿27.00 | x |
| 2022-12-31 | ฿54.65 | ฿27.00 | x |
| 2023-12-31 | ฿52.66 | ฿27.00 | x |
| 2024-12-31 | ฿61.54 | ฿27.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Regional Container Lines 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): 17.98%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.13%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.38x
- Recent ROE (17.98%) is above the historical average (16.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -14.89% | -13.17% | 0.58x | 1.96x | ฿-2.30 Billion |
| 2017 | 5.98% | 4.74% | 0.65x | 1.95x | ฿-358.91 Million |
| 2018 | -4.26% | -2.99% | 0.65x | 2.18x | ฿-1.20 Billion |
| 2019 | -6.64% | -2.97% | 0.97x | 2.30x | ฿-1.23 Billion |
| 2020 | 19.24% | 10.15% | 0.96x | 1.98x | ฿838.01 Million |
| 2021 | 69.38% | 47.32% | 0.98x | 1.49x | ฿15.38 Billion |
| 2022 | 54.37% | 47.29% | 0.88x | 1.30x | ฿20.10 Billion |
| 2023 | 3.44% | 5.72% | 0.47x | 1.29x | ฿-2.86 Billion |
| 2024 | 17.98% | 26.13% | 0.50x | 1.38x | ฿4.07 Billion |
Industry Comparison
This section compares Regional Container Lines Public Company Limited's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $1,160,404,274
- Average return on equity (ROE) among peers: 5.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Regional Container Lines Public Company Limited (RCL-R) | ฿51.63 Billion | -14.89% | 0.45x | $280.81 Million |
| Ama Marine Public Company Limited (AMA) | $2.13 Billion | 7.99% | 0.65x | $15.06 Million |
| Namyong Terminal PCL (NYT) | $807.74 Million | 0.00% | 0.70x | $50.46 Million |
| Sahathai Terminal Public Company Limited (PORT) | $1.35 Billion | -0.85% | 1.48x | $3.91 Million |
| Raja Ferry Port Public Company Limited (RP) | $953.27 Million | 8.21% | 0.22x | $1.05 Million |
| V.L. Enterprise Public Company Limited (VL) | $556.31 Million | 14.27% | 1.01x | $7.88 Million |