Rockworth Public Company Limited (ROCK) - Net Assets

Latest as of September 2025: ฿440.01 Million THB ≈ $13.71 Million USD

Based on the latest financial reports, Rockworth Public Company Limited (ROCK) has net assets worth ฿440.01 Million THB (≈ $13.71 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 (฿883.12 Million ≈ $27.53 Million USD) and total liabilities (฿443.11 Million ≈ $13.81 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 ROCK cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Rockworth Public Company Limited for the complete picture of this company's asset base.

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. For live valuation and market cap data, see ROCK stock market capitalisation.

Year	Net Assets	Change
2024-12-31	฿446.16 Million ≈ $13.91 Million	+15.09%
2023-12-31	฿387.65 Million ≈ $12.08 Million	+5.61%
2022-12-31	฿367.07 Million ≈ $11.44 Million	-3.18%
2021-12-31	฿379.12 Million ≈ $11.82 Million	-10.74%
2020-12-31	฿424.74 Million ≈ $13.24 Million	-7.09%
2019-12-31	฿457.14 Million ≈ $14.25 Million	-0.52%
2018-12-31	฿459.55 Million ≈ $14.32 Million	+9.09%
2017-12-31	฿421.27 Million ≈ $13.13 Million	-9.05%
2016-12-31	฿463.19 Million ≈ $14.44 Million	+1.87%
2015-12-31	฿454.71 Million ≈ $14.17 Million	+17.50%
2014-12-31	฿386.97 Million ≈ $12.06 Million	-2.58%
2013-12-31	฿397.23 Million ≈ $12.38 Million	+36.65%
2012-12-31	฿290.70 Million ≈ $9.06 Million	+42.85%
2011-12-31	฿203.51 Million ≈ $6.34 Million	-29.17%
2010-12-31	฿287.30 Million ≈ $8.95 Million	+21.45%
2009-12-31	฿236.55 Million ≈ $7.37 Million	-2.80%
2008-12-31	฿243.37 Million ≈ $7.59 Million	+8.34%
2007-12-31	฿224.63 Million ≈ $7.00 Million	+18.00%
2006-12-31	฿190.37 Million ≈ $5.93 Million	-3.63%
2005-12-31	฿197.54 Million ≈ $6.16 Million	+16.21%
2004-12-31	฿169.99 Million ≈ $5.30 Million	+0.04%
2003-12-31	฿169.92 Million ≈ $5.30 Million	+86.60%
2002-12-31	฿91.06 Million ≈ $2.84 Million	+0.25%
2001-12-31	฿90.83 Million ≈ $2.83 Million	-20.32%
2000-12-31	฿113.99 Million ≈ $3.55 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
Gelteq Limited Ordinary Shares NASDAQ:GELS	$7.05 Million
Hexicon AB ST:HEXI	$7.05 Million
Beasley Broadcast Group Inc NASDAQ:BBGI	$7.05 Million
Bioalpha Holdings Bhd KLSE:0179	$7.06 Million
JPMorgan Euro Small Companies Trust Plc LSE:JEDT	$7.04 Million
Treasure Global Inc. NASDAQ:TGL	$7.04 Million
JX Luxventure Limited NASDAQ:JXG	$7.04 Million
Compagnie des Eaux de Royan PA:MLEDR	$7.02 Million

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: 0.51x
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 0.98x to 0.51x 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	฿11.30	x
2007-12-31	฿13.63	฿11.30	x
2008-12-31	฿14.79	฿11.30	x
2009-12-31	฿14.37	฿11.30	x
2010-12-31	฿17.45	฿11.30	x
2011-12-31	฿12.36	฿11.30	x
2012-12-31	฿21.59	฿11.30	x
2013-12-31	฿24.33	฿11.30	x
2014-12-31	฿19.23	฿11.30	x
2015-12-31	฿22.70	฿11.30	x
2016-12-31	฿23.18	฿11.30	x
2017-12-31	฿21.07	฿11.30	x
2018-12-31	฿22.92	฿11.30	x
2019-12-31	฿22.86	฿11.30	x
2020-12-31	฿21.24	฿11.30	x
2021-12-31	฿18.96	฿11.30	x
2022-12-31	฿18.35	฿11.30	x
2023-12-31	฿19.38	฿11.30	x
2024-12-31	฿22.29	฿11.30	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: $1,522,750,763
Average return on equity (ROE) among peers: 10.65%

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	$7.04 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
Ocean Glass Public Company Limited (OGC)	$1.79 Billion	-5.42%	1.17x	$5.88 Million
Siam Steel International Public Company Limited (SIAM)	$2.81 Billion	1.26%	0.30x	$12.57 Million

About Rockworth Public Company Limited

BK:ROCK Thailand Furnishings, Fixtures & Appliances

Market Cap

$7.04 Million

฿226.00 Million THB

Market Cap Rank

#27666 Global

#587 in Thailand

Share Price

฿11.30

Change (1 day)

+0.00%

52-Week Range

฿9.35 - ฿13.90

All Time High

฿25.93