RS Public Company Limited
RS Public Company Limited, together with its subsidiaries, engages in the commerce, media, and music and other businesses in Thailand. It operates Channel 8, a digital television; RS Mall Channel, an shopping channel; radio frequency system of F.M. 93.0 MHz under the COOLfahrenheit brand, through online channel at www.COOLISM.net and COOLISM application on smartphones; COOLive, which organizes ev… Read more
RS Public Company Limited (RS-R) - Net Assets
Latest net assets as of September 2024: ฿3.14 Billion THB
Based on the latest financial reports, RS Public Company Limited (RS-R) has net assets worth ฿3.14 Billion THB as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿8.28 Billion) and total liabilities (฿5.14 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 | ฿3.14 Billion |
| % of Total Assets | 37.92% |
| Annual Growth Rate | 7.42% |
| 5-Year Change | 72.85% |
| 10-Year Change | 69.75% |
| Growth Volatility | 37.19 |
RS Public Company Limited - Net Assets Trend (2002–2023)
This chart illustrates how RS 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 RS Public Company Limited (2002–2023)
The table below shows the annual net assets of RS Public Company Limited from 2002 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿2.99 Billion | +50.03% |
| 2022-12-31 | ฿1.99 Billion | -6.94% |
| 2021-12-31 | ฿2.14 Billion | +6.69% |
| 2020-12-31 | ฿2.00 Billion | +16.04% |
| 2019-12-31 | ฿1.73 Billion | +3.27% |
| 2018-12-31 | ฿1.67 Billion | +19.28% |
| 2017-12-31 | ฿1.40 Billion | +32.33% |
| 2016-12-31 | ฿1.06 Billion | -38.66% |
| 2015-12-31 | ฿1.73 Billion | -1.78% |
| 2014-12-31 | ฿1.76 Billion | +11.99% |
| 2013-12-31 | ฿1.57 Billion | +24.82% |
| 2012-12-31 | ฿1.26 Billion | +7.04% |
| 2011-12-31 | ฿1.18 Billion | +32.36% |
| 2010-12-31 | ฿887.95 Million | +60.16% |
| 2009-12-31 | ฿554.42 Million | -39.98% |
| 2007-12-31 | ฿923.75 Million | -18.57% |
| 2006-12-31 | ฿1.13 Billion | +18.66% |
| 2005-12-31 | ฿955.98 Million | -31.12% |
| 2004-12-31 | ฿1.39 Billion | -8.65% |
| 2003-12-31 | ฿1.52 Billion | +128.85% |
| 2002-12-31 | ฿663.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RS 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 147981518000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.48 Billion | 50.58% |
| Common Stock | ฿1.07 Billion | 36.56% |
| Other Comprehensive Income | ฿120.33 Million | 4.11% |
| Other Components | ฿256.01 Million | 8.75% |
| Total Equity | ฿2.93 Billion | 100.00% |
RS Public Company Limited Competitors by Market Cap
The table below lists competitors of RS Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AS Tallinna Vesi
F:A1T
|
$58.54 Million |
|
SDI Group plc
PINK:SDIIF
|
$58.54 Million |
|
Muthoot Microfin Limited
NSE:MUTHOOTMF
|
$58.56 Million |
|
GIC Housing Finance Limited
NSE:GICHSGFIN
|
$58.58 Million |
|
CTCBIO Inc
KQ:060590
|
$58.53 Million |
|
Bank of Botetourt
PINK:BORTP
|
$58.52 Million |
|
Currency Exchange International Corp
PINK:CURN
|
$58.51 Million |
|
Hoang Quan Consulting Trading Service Real Estate Corp
VN:HQC
|
$58.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RS Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,001,319,325 to 2,925,901,692, a change of 924,582,367 (46.2%).
- Net income of 1,395,232,363 contributed positively to equity growth.
- Dividend payments of 652,648,025 reduced retained earnings.
- Share repurchases of 129,156,616 reduced equity.
- New share issuances of 194,330,268 increased equity.
- Other comprehensive income decreased equity by 127,517,994.
- Other factors increased equity by 244,342,371.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.40 Billion | +47.69% |
| Dividends Paid | ฿652.65 Million | -22.31% |
| Share Repurchases | ฿129.16 Million | -4.41% |
| Share Issuances | ฿194.33 Million | +6.64% |
| Other Comprehensive Income | ฿-127.52 Million | -4.36% |
| Other Changes | ฿244.34 Million | +8.35% |
| Total Change | ฿- | 46.20% |
Book Value vs Market Value Analysis
This analysis compares RS 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: 1.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.11x to 1.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | ฿50.74 | ฿5.35 | x |
| 2003-12-31 | ฿2.13 | ฿5.35 | x |
| 2004-12-31 | ฿1.80 | ฿5.35 | x |
| 2005-12-31 | ฿1.24 | ฿5.35 | x |
| 2006-12-31 | ฿1.44 | ฿5.35 | x |
| 2007-12-31 | ฿1.17 | ฿5.35 | x |
| 2009-12-31 | ฿0.71 | ฿5.35 | x |
| 2010-12-31 | ฿1.03 | ฿5.35 | x |
| 2011-12-31 | ฿1.14 | ฿5.35 | x |
| 2012-12-31 | ฿1.20 | ฿5.35 | x |
| 2013-12-31 | ฿1.49 | ฿5.35 | x |
| 2014-12-31 | ฿1.60 | ฿5.35 | x |
| 2015-12-31 | ฿1.55 | ฿5.35 | x |
| 2016-12-31 | ฿0.97 | ฿5.35 | x |
| 2017-12-31 | ฿1.27 | ฿5.35 | x |
| 2018-12-31 | ฿1.45 | ฿5.35 | x |
| 2019-12-31 | ฿1.55 | ฿5.35 | x |
| 2020-12-31 | ฿1.90 | ฿5.35 | x |
| 2021-12-31 | ฿2.03 | ฿5.35 | x |
| 2022-12-31 | ฿1.90 | ฿5.35 | x |
| 2023-12-31 | ฿2.74 | ฿5.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RS 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): 47.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.22%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.74x
- Recent ROE (47.69%) is above the historical average (12.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 8.96% | 4.88% | 0.90x | 2.04x | ฿-6.91 Million |
| 2003 | 7.10% | 5.50% | 0.88x | 1.47x | ฿-44.10 Million |
| 2004 | -9.49% | -5.54% | 0.96x | 1.78x | ฿-270.43 Million |
| 2005 | -45.36% | -15.76% | 1.48x | 1.95x | ฿-528.59 Million |
| 2006 | 13.94% | 4.93% | 1.47x | 1.92x | ฿43.72 Million |
| 2007 | -13.47% | -4.84% | 1.22x | 2.29x | ฿-211.98 Million |
| 2009 | 14.04% | 3.51% | 1.28x | 3.14x | ฿21.94 Million |
| 2010 | 36.26% | 10.93% | 1.86x | 1.78x | ฿229.31 Million |
| 2011 | 18.04% | 7.67% | 1.46x | 1.61x | ฿93.31 Million |
| 2012 | 22.44% | 10.00% | 1.13x | 1.99x | ฿155.90 Million |
| 2013 | 25.17% | 11.40% | 1.16x | 1.91x | ฿237.77 Million |
| 2014 | 21.46% | 8.61% | 0.89x | 2.78x | ฿198.11 Million |
| 2015 | 7.08% | 3.26% | 0.77x | 2.82x | ฿-50.05 Million |
| 2016 | -9.73% | -3.27% | 0.75x | 3.94x | ฿-207.08 Million |
| 2017 | 23.83% | 9.51% | 0.83x | 3.01x | ฿193.17 Million |
| 2018 | 30.88% | 13.49% | 0.94x | 2.44x | ฿348.92 Million |
| 2019 | 21.06% | 10.06% | 1.06x | 1.98x | ฿190.86 Million |
| 2020 | 26.39% | 14.00% | 0.84x | 2.26x | ฿328.08 Million |
| 2021 | 5.96% | 3.56% | 0.62x | 2.71x | ฿-86.41 Million |
| 2022 | 6.85% | 3.88% | 0.47x | 3.74x | ฿-63.06 Million |
| 2023 | 47.69% | 38.22% | 0.45x | 2.74x | ฿1.10 Billion |
Industry Comparison
This section compares RS Public Company Limited's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $1,489,782,049
- Average return on equity (ROE) among peers: 2.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RS Public Company Limited (RS-R) | ฿3.14 Billion | 8.96% | 1.64x | $58.53 Million |
| GMM Grammy Public Company Limited (GRAMMY) | $4.08 Billion | -56.68% | 2.92x | $19.80 Million |
| Matching Maximize Solution Public Company Limited (MATCH) | $731.11 Million | -6.62% | 0.48x | $3.19 Million |
| Mono Next Public Company Limited (MONO) | $3.09 Billion | 16.20% | 0.09x | $42.64 Million |
| TV Thunder Public Company Limited (TVT) | $264.00 Million | 10.85% | 0.47x | $1.99 Million |
| Workpoint Entertainment Public Company Limited (WORK) | $1.20 Billion | 27.21% | 0.24x | $14.37 Million |
| Yggdrazil Group Public Company Limited (YGG) | $595.73 Million | 20.50% | 0.08x | $3.12 Million |
| ZALEKTA PUBLIC COMPANY LIMITED (ZAA) | $458.68 Million | 5.44% | 0.36x | $5.25 Million |