Raja Ferry Port Public Company Limited
Raja Ferry Port Public Company Limited, together with its subsidiaries, provides ferry services for passenger and transportation in Thailand. The company owns and operates a fleet of 13 ships covering 2 routes among Donsak -Koh Samui " Donsak and Donsak - Koh Phangan- Donsak. It also provides wharf services; and trades in wharf and in passenger ferryboat. In addition, it provides shipping service… Read more
Raja Ferry Port Public Company Limited (RP) - Net Assets
Latest net assets as of September 2025: ฿491.52 Million THB
Based on the latest financial reports, Raja Ferry Port Public Company Limited (RP) has net assets worth ฿491.52 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 (฿1.11 Billion) and total liabilities (฿613.87 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 | ฿491.52 Million |
| % of Total Assets | 44.47% |
| Annual Growth Rate | 2.96% |
| 5-Year Change | -37.08% |
| 10-Year Change | -46.91% |
| Growth Volatility | 36.95 |
Raja Ferry Port Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Raja Ferry Port 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 Raja Ferry Port Public Company Limited (2013–2024)
The table below shows the annual net assets of Raja Ferry Port Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿506.14 Million | -6.99% |
| 2023-12-31 | ฿544.17 Million | -14.06% |
| 2022-12-31 | ฿633.24 Million | -10.58% |
| 2021-12-31 | ฿708.13 Million | -11.96% |
| 2020-12-31 | ฿804.37 Million | -8.99% |
| 2019-12-31 | ฿883.82 Million | -0.39% |
| 2018-12-31 | ฿887.27 Million | +3.12% |
| 2017-12-31 | ฿860.46 Million | -2.38% |
| 2016-12-31 | ฿881.40 Million | -7.54% |
| 2015-12-31 | ฿953.27 Million | +120.93% |
| 2014-12-31 | ฿431.48 Million | +17.48% |
| 2013-12-31 | ฿367.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Raja Ferry Port 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 decreased by 228.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿200.81 Million | 39.68% |
| Other Comprehensive Income | ฿19.02 Million | 3.76% |
| Other Components | ฿398.39 Million | 78.71% |
| Total Equity | ฿506.14 Million | 100.00% |
Raja Ferry Port Public Company Limited Competitors by Market Cap
The table below lists competitors of Raja Ferry Port Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SANMINA CORP. NEW DL-01
MU:SAYN
|
$1.03 Million |
|
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego SA
WAR:KPD
|
$1.03 Million |
|
NorthStar Gaming Holdings Inc.
V:BET
|
$1.03 Million |
|
Infinity Mining Ltd
AU:IMI
|
$1.03 Million |
|
GBLT Corp
PINK:GBLTF
|
$1.03 Million |
|
Marvel Gold Limited
PINK:GRXMF
|
$1.03 Million |
|
Westbrook-Thompson Overriding Royalty Trust
PINK:WBTMU
|
$1.03 Million |
|
Mercury Industries Bhd
KLSE:8192
|
$1.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Raja Ferry Port Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 544,174,678 to 506,138,660, a change of -38,036,018 (-7.0%).
- Net loss of 41,811,326 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-41.81 Million | -8.26% |
| Other Changes | ฿3.78 Million | +0.75% |
| Total Change | ฿- | -6.99% |
Book Value vs Market Value Analysis
This analysis compares Raja Ferry Port 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: 0.20x
- 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 |
|---|---|---|---|
| 2013-12-31 | ฿2.36 | ฿0.50 | x |
| 2014-12-31 | ฿2.77 | ฿0.50 | x |
| 2015-12-31 | ฿5.87 | ฿0.50 | x |
| 2016-12-31 | ฿4.39 | ฿0.50 | x |
| 2017-12-31 | ฿4.28 | ฿0.50 | x |
| 2018-12-31 | ฿4.42 | ฿0.50 | x |
| 2019-12-31 | ฿4.40 | ฿0.50 | x |
| 2020-12-31 | ฿4.01 | ฿0.50 | x |
| 2021-12-31 | ฿3.53 | ฿0.50 | x |
| 2022-12-31 | ฿3.15 | ฿0.50 | x |
| 2023-12-31 | ฿2.71 | ฿0.50 | x |
| 2024-12-31 | ฿2.52 | ฿0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Raja Ferry Port 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): -8.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.75%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.29x
- Recent ROE (-8.26%) is below the historical average (-0.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 18.87% | 11.13% | 0.86x | 1.96x | ฿32.56 Million |
| 2014 | 19.78% | 12.83% | 0.91x | 1.70x | ฿42.18 Million |
| 2015 | 8.21% | 12.58% | 0.54x | 1.22x | ฿-17.02 Million |
| 2016 | 7.65% | 9.98% | 0.65x | 1.18x | ฿-20.67 Million |
| 2017 | 3.75% | 4.70% | 0.64x | 1.25x | ฿-53.76 Million |
| 2018 | 2.48% | 2.99% | 0.62x | 1.33x | ฿-66.68 Million |
| 2019 | 0.83% | 1.02% | 0.59x | 1.36x | ฿-81.09 Million |
| 2020 | -9.74% | -15.76% | 0.40x | 1.54x | ฿-158.82 Million |
| 2021 | -15.55% | -30.19% | 0.31x | 1.69x | ฿-180.92 Million |
| 2022 | -11.83% | -14.24% | 0.45x | 1.85x | ฿-138.22 Million |
| 2023 | -16.37% | -16.02% | 0.46x | 2.22x | ฿-143.48 Million |
| 2024 | -8.26% | -6.75% | 0.54x | 2.29x | ฿-92.43 Million |
Industry Comparison
This section compares Raja Ferry Port 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: $2,662,715,353
- Average return on equity (ROE) among peers: 11.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Raja Ferry Port Public Company Limited (RP) | ฿491.52 Million | 18.87% | 1.25x | $1.03 Million |
| Ama Marine Public Company Limited (AMA) | $2.07 Billion | 8.73% | 0.64x | $15.13 Million |
| Namyong Terminal PCL (NYT) | $3.74 Billion | 10.44% | 0.17x | $50.46 Million |
| Sahathai Terminal Public Company Limited (PORT) | $240.49 Million | 11.09% | 3.94x | $3.84 Million |
| Regional Container Lines Public Company Limited (RCL) | $6.85 Billion | 11.54% | 1.60x | $332.81 Million |
| V.L. Enterprise Public Company Limited (VL) | $413.02 Million | 14.77% | 2.45x | $7.88 Million |