Rockworth Public Company Limited
Rockworth Public Company Limited engages in the manufacture and distribution of furniture in Thailand and Asia. It offers smart office solutions, such as workspace booking software and smart lockers; architectural and acoustic solutions, including modular carpets and acoustic panels; storage and workshop tools; and seating products comprising chairs, modular seating lounges, sofas, and beam seati… Read more
Rockworth Public Company Limited (ROCK) - Net Assets
Latest net assets as of September 2025: ฿440.01 Million THB
Based on the latest financial reports, Rockworth Public Company Limited (ROCK) has net assets worth ฿440.01 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 (฿883.12 Million) and total liabilities (฿443.11 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 | ฿440.01 Million |
| % of Total Assets | 49.82% |
| Annual Growth Rate | 5.85% |
| 5-Year Change | 5.04% |
| 10-Year Change | -1.88% |
| Growth Volatility | 22.81 |
Rockworth Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Rockworth 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 Rockworth Public Company Limited (2000–2024)
The table below shows the annual net assets of Rockworth Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿446.16 Million | +15.09% |
| 2023-12-31 | ฿387.65 Million | +5.61% |
| 2022-12-31 | ฿367.07 Million | -3.18% |
| 2021-12-31 | ฿379.12 Million | -10.74% |
| 2020-12-31 | ฿424.74 Million | -7.09% |
| 2019-12-31 | ฿457.14 Million | -0.52% |
| 2018-12-31 | ฿459.55 Million | +9.09% |
| 2017-12-31 | ฿421.27 Million | -9.05% |
| 2016-12-31 | ฿463.19 Million | +1.87% |
| 2015-12-31 | ฿454.71 Million | +17.50% |
| 2014-12-31 | ฿386.97 Million | -2.58% |
| 2013-12-31 | ฿397.23 Million | +36.65% |
| 2012-12-31 | ฿290.70 Million | +42.85% |
| 2011-12-31 | ฿203.51 Million | -29.17% |
| 2010-12-31 | ฿287.30 Million | +21.45% |
| 2009-12-31 | ฿236.55 Million | -2.80% |
| 2008-12-31 | ฿243.37 Million | +8.34% |
| 2007-12-31 | ฿224.63 Million | +18.00% |
| 2006-12-31 | ฿190.37 Million | -3.63% |
| 2005-12-31 | ฿197.54 Million | +16.21% |
| 2004-12-31 | ฿169.99 Million | +0.04% |
| 2003-12-31 | ฿169.92 Million | +86.60% |
| 2002-12-31 | ฿91.06 Million | +0.25% |
| 2001-12-31 | ฿90.83 Million | -20.32% |
| 2000-12-31 | ฿113.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rockworth 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 12483928700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿124.84 Million | 27.98% |
| Common Stock | ฿200.00 Million | 44.83% |
| Other Comprehensive Income | ฿121.32 Million | 27.19% |
| Total Equity | ฿446.16 Million | 100.00% |
Rockworth Public Company Limited Competitors by Market Cap
The table below lists competitors of Rockworth Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Olivers Real Food Ltd
AU:OLI
|
$606.17K |
|
ARCHER-DANIELS MID. - Dusseldorf Stock Exchang
DU:ADM
|
$606.28K |
|
FullSix S.p.A
F:IA6
|
$606.45K |
|
Aranjin Resources Ltd
V:ARJN
|
$607.03K |
|
Financiere Hoche Bains-Les-Bains SA
PA:MLHBB
|
$606.03K |
|
Toys"R"Us ANZ Limited
PINK:TOYRF
|
$605.05K |
|
E79 Resources Corp
OTCQB:ESVNF
|
$604.51K |
|
Earthwise Minerals Corp.
F:966
|
$604.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rockworth Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 387,652,427 to 446,157,628, a change of 58,505,201 (15.1%).
- Net income of 45,736,219 contributed positively to equity growth.
- Dividend payments of 9,999,950 reduced retained earnings.
- Other comprehensive income increased equity by 13,216,391.
- Other factors increased equity by 9,552,541.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿45.74 Million | +10.25% |
| Dividends Paid | ฿10.00 Million | -2.24% |
| Other Comprehensive Income | ฿13.22 Million | +2.96% |
| Other Changes | ฿9.55 Million | +2.14% |
| Total Change | ฿- | 15.09% |
Book Value vs Market Value Analysis
This analysis compares Rockworth 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: 0.50x
- 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 0.96x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿11.56 | ฿11.10 | x |
| 2007-12-31 | ฿13.63 | ฿11.10 | x |
| 2008-12-31 | ฿14.79 | ฿11.10 | x |
| 2009-12-31 | ฿14.37 | ฿11.10 | x |
| 2010-12-31 | ฿17.45 | ฿11.10 | x |
| 2011-12-31 | ฿12.36 | ฿11.10 | x |
| 2012-12-31 | ฿21.59 | ฿11.10 | x |
| 2013-12-31 | ฿24.33 | ฿11.10 | x |
| 2014-12-31 | ฿19.23 | ฿11.10 | x |
| 2015-12-31 | ฿22.70 | ฿11.10 | x |
| 2016-12-31 | ฿23.18 | ฿11.10 | x |
| 2017-12-31 | ฿21.07 | ฿11.10 | x |
| 2018-12-31 | ฿22.92 | ฿11.10 | x |
| 2019-12-31 | ฿22.86 | ฿11.10 | x |
| 2020-12-31 | ฿21.24 | ฿11.10 | x |
| 2021-12-31 | ฿18.96 | ฿11.10 | x |
| 2022-12-31 | ฿18.35 | ฿11.10 | x |
| 2023-12-31 | ฿19.38 | ฿11.10 | x |
| 2024-12-31 | ฿22.29 | ฿11.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rockworth 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): 10.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.26%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.10x
- Recent ROE (10.25%) is above the historical average (4.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 6.10% | 1.49% | 1.02x | 4.01x | ฿-6.64 Million |
| 2005 | 18.21% | 4.51% | 1.06x | 3.79x | ฿16.23 Million |
| 2006 | 28.01% | 6.23% | 1.27x | 3.53x | ฿34.29 Million |
| 2007 | 15.24% | 4.23% | 1.24x | 2.90x | ฿11.78 Million |
| 2008 | 9.77% | 2.45% | 1.52x | 2.63x | ฿-549.37K |
| 2009 | -1.87% | -0.81% | 0.85x | 2.72x | ฿-28.09 Million |
| 2010 | 19.65% | 6.58% | 1.21x | 2.46x | ฿27.73 Million |
| 2011 | -27.86% | -8.30% | 0.97x | 3.46x | ฿-77.06 Million |
| 2012 | 30.62% | 11.85% | 0.95x | 2.73x | ฿59.93 Million |
| 2013 | -2.11% | -1.08% | 0.98x | 1.99x | ฿-48.11 Million |
| 2014 | -2.81% | -1.78% | 0.75x | 2.09x | ฿-49.57 Million |
| 2015 | 8.59% | 4.95% | 1.00x | 1.75x | ฿-6.41 Million |
| 2016 | 3.93% | 2.57% | 0.92x | 1.65x | ฿-28.14 Million |
| 2017 | -8.26% | -6.41% | 0.77x | 1.67x | ฿-76.92 Million |
| 2018 | 2.36% | 1.73% | 0.79x | 1.72x | ฿-35.13 Million |
| 2019 | -0.50% | -0.32% | 0.75x | 2.08x | ฿-47.98 Million |
| 2020 | -7.35% | -6.26% | 0.66x | 1.77x | ฿-73.70 Million |
| 2021 | -17.11% | -16.99% | 0.48x | 2.11x | ฿-102.77 Million |
| 2022 | -3.28% | -1.98% | 0.73x | 2.29x | ฿-48.74 Million |
| 2023 | 5.31% | 3.24% | 0.71x | 2.32x | ฿-18.16 Million |
| 2024 | 10.25% | 6.26% | 0.78x | 2.10x | ฿1.12 Million |
Industry Comparison
This section compares Rockworth 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: $1,832,268,556
- Average return on equity (ROE) among peers: 13.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rockworth Public Company Limited (ROCK) | ฿440.01 Million | 6.10% | 1.01x | $606.17K |
| Chic Republic PCL (CHIC) | $606.70 Million | 5.63% | 2.08x | $2.31 Million |
| East Coast Furnitech Public Company Limited (ECF) | $1.45 Billion | 2.33% | 1.35x | $679.02K |
| EURO CREATIONS PUBLIC COMPANY LIMITED (EURO) | $220.97 Million | 48.04% | 4.63x | $9.44 Million |
| Fancy Wood Industries Public Company Limited (FANCY) | $1.52 Billion | 16.74% | 0.09x | $3.07 Million |
| Home Pottery Public Company Limited (HPT) | $318.50 Million | 7.42% | 0.18x | $4.01 Million |
| Index Living Mall Public Company Limited (ILM) | $4.65 Billion | 10.63% | 1.65x | $37.70 Million |
| Itthirit Nice Corp. PCL (ITTHI) | $346.24 Million | 6.70% | 0.45x | $3.16 Million |
| Masterkool International Public Company Limited (KOOL) | $389.26 Million | 22.35% | 0.46x | $12.16 Million |
| Kang Yong Electric Public Company Limited (KYE) | $6.38 Billion | 11.28% | 0.28x | $44.36 Million |
| Modernform Group Public Company Limited (MODERN) | $2.45 Billion | 7.07% | 0.50x | $22.15 Million |