RS Public Company Limited
RS Public Company Limited, together with its subsidiaries, engages in the multi-platform commerce, media, and music and showbiz businesses in Thailand. The company offers digital television and radio services; events, sports activity, and concert organizing; online marketing; content creation; and content and influencer marketing services. It also provides rental football stadiums; spa services; … Read more
RS Public Company Limited (RS) - Net Assets
Latest net assets as of September 2025: ฿2.17 Billion THB
Based on the latest financial reports, RS Public Company Limited (RS) has net assets worth ฿2.17 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿7.33 Billion) and total liabilities (฿5.15 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 | ฿2.17 Billion |
| % of Total Assets | 29.66% |
| Annual Growth Rate | 6.81% |
| 5-Year Change | 41.06% |
| 10-Year Change | 63.68% |
| Growth Volatility | 36.08 |
RS Public Company Limited - Net Assets Trend (2002–2024)
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 (2002–2024)
The table below shows the annual net assets of RS Public Company Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.83 Billion | -5.30% |
| 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 | +10.96% |
| 2008-12-31 | ฿499.67 Million | -45.91% |
| 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 105865651800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.06 Billion | 38.45% |
| Common Stock | ฿1.09 Billion | 39.63% |
| Other Comprehensive Income | ฿120.33 Million | 4.37% |
| Other Components | ฿483.16 Million | 17.55% |
| Total Equity | ฿2.75 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 |
|---|---|
|
Sampann Utpadan India Limited
NSE:SAMPANN
|
$6.56 Million |
|
COMTEC SOLAR SYS HD -004
F:8C11
|
$6.56 Million |
|
Crescent NV
BR:OPTI
|
$6.56 Million |
|
NamSys Inc
PINK:NMYSF
|
$6.56 Million |
|
Precipitate Gold Corp
OTCQB:PREIF
|
$6.56 Million |
|
Osia Hyper Retail Limited
NSE:OSIAHYPER
|
$6.55 Million |
|
Banzai International Inc
NASDAQ:BNZI
|
$6.54 Million |
|
Peraso Inc
NASDAQ:PRSO
|
$6.53 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 2023 to 2024, total equity changed from 2,925,901,692 to 2,753,255,507, a change of -172,646,185 (-5.9%).
- Net loss of 304,583,896 reduced equity.
- New share issuances of 128,185,425 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-304.58 Million | -11.06% |
| Share Issuances | ฿128.19 Million | +4.66% |
| Other Changes | ฿3.75 Million | +0.14% |
| Total Change | ฿- | -5.90% |
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: 0.13x
- 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 increased from 0.00x to 0.13x 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 | ฿0.16 | x |
| 2003-12-31 | ฿2.13 | ฿0.16 | x |
| 2004-12-31 | ฿1.80 | ฿0.16 | x |
| 2005-12-31 | ฿1.24 | ฿0.16 | x |
| 2006-12-31 | ฿1.44 | ฿0.16 | x |
| 2007-12-31 | ฿1.17 | ฿0.16 | x |
| 2009-12-31 | ฿0.71 | ฿0.16 | x |
| 2010-12-31 | ฿1.03 | ฿0.16 | x |
| 2011-12-31 | ฿1.14 | ฿0.16 | x |
| 2012-12-31 | ฿1.20 | ฿0.16 | x |
| 2013-12-31 | ฿1.49 | ฿0.16 | x |
| 2014-12-31 | ฿1.60 | ฿0.16 | x |
| 2015-12-31 | ฿1.55 | ฿0.16 | x |
| 2016-12-31 | ฿0.97 | ฿0.16 | x |
| 2017-12-31 | ฿1.27 | ฿0.16 | x |
| 2018-12-31 | ฿1.45 | ฿0.16 | x |
| 2019-12-31 | ฿1.55 | ฿0.16 | x |
| 2020-12-31 | ฿1.90 | ฿0.16 | x |
| 2021-12-31 | ฿2.03 | ฿0.16 | x |
| 2022-12-31 | ฿1.90 | ฿0.16 | x |
| 2023-12-31 | ฿2.74 | ฿0.16 | x |
| 2024-12-31 | ฿1.22 | ฿0.16 | 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): -11.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.37%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.92x
- Recent ROE (-11.06%) is below the historical average (11.27%), suggesting potential challenges in 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 |
| 2024 | -11.06% | -11.37% | 0.33x | 2.92x | ฿-579.91 Million |
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: $1,243,010,448
- Average return on equity (ROE) among peers: -24.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RS Public Company Limited (RS) | ฿2.17 Billion | 8.96% | 2.37x | $6.56 Million |
| GMM Grammy Public Company Limited (GRAMMY) | $1.52 Billion | -8.70% | 3.11x | $19.91 Million |
| Matching Maximize Solution Public Company Limited (MATCH) | $482.23 Million | 12.74% | 0.20x | $3.16 Million |
| Mono Next Public Company Limited (MONO) | $427.89 Million | -186.20% | 5.31x | $42.64 Million |
| TV Thunder Public Company Limited (TVT) | $687.16 Million | 7.31% | 0.25x | $1.99 Million |
| Workpoint Entertainment Public Company Limited (WORK) | $4.50 Billion | 3.53% | 0.14x | $14.29 Million |
| Yggdrazil Group Public Company Limited (YGG) | $622.53 Million | 11.16% | 0.11x | $3.12 Million |
| ZALEKTA PUBLIC COMPANY LIMITED (ZAA) | $453.59 Million | -14.19% | 0.65x | $5.22 Million |