RS Public Company Limited (RS) - Net Assets

Latest as of March 2026: ฿1.32 Billion THB ≈ $41.01 Million USD

Based on the latest financial reports, RS Public Company Limited (RS) has net assets worth ฿1.32 Billion THB (≈ $41.01 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿6.67 Billion ≈ $207.75 Million USD) and total liabilities (฿5.35 Billion ≈ $166.74 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. Also explore RS current and non-current assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.32 Billion
% of Total Assets	19.74%
Annual Growth Rate	3.91%
5-Year Change	-24.99%
10-Year Change	51.37%
Growth Volatility	37.05

RS Public Company Limited - Net Assets Trend (2002–2025)

This chart illustrates how RS Public Company Limited's net assets have evolved over time, based on quarterly financial data. Check RS Public Company Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for RS Public Company Limited (2002–2025)

The table below shows the annual net assets of RS Public Company Limited from 2002 to 2025. For live valuation and market cap data, see market value of RS Public Company Limited.

Year	Net Assets	Change
2025-12-31	฿1.60 Billion ≈ $49.99 Million	-43.27%
2024-12-31	฿2.83 Billion ≈ $88.11 Million	-5.30%
2023-12-31	฿2.99 Billion ≈ $93.04 Million	+50.03%
2022-12-31	฿1.99 Billion ≈ $62.02 Million	-6.94%
2021-12-31	฿2.14 Billion ≈ $66.64 Million	+6.69%
2020-12-31	฿2.00 Billion ≈ $62.47 Million	+16.04%
2019-12-31	฿1.73 Billion ≈ $53.83 Million	+3.27%
2018-12-31	฿1.67 Billion ≈ $52.13 Million	+19.28%
2017-12-31	฿1.40 Billion ≈ $43.70 Million	+32.33%
2016-12-31	฿1.06 Billion ≈ $33.02 Million	-38.66%
2015-12-31	฿1.73 Billion ≈ $53.83 Million	-1.78%
2014-12-31	฿1.76 Billion ≈ $54.81 Million	+11.99%
2013-12-31	฿1.57 Billion ≈ $48.94 Million	+24.82%
2012-12-31	฿1.26 Billion ≈ $39.21 Million	+7.04%
2011-12-31	฿1.18 Billion ≈ $36.63 Million	+32.36%
2010-12-31	฿887.95 Million ≈ $27.68 Million	+60.16%
2009-12-31	฿554.42 Million ≈ $17.28 Million	+10.96%
2008-12-31	฿499.67 Million ≈ $15.57 Million	-45.91%
2007-12-31	฿923.75 Million ≈ $28.79 Million	-18.57%
2006-12-31	฿1.13 Billion ≈ $35.36 Million	+18.66%
2005-12-31	฿955.98 Million ≈ $29.80 Million	-31.12%
2004-12-31	฿1.39 Billion ≈ $43.26 Million	-8.65%
2003-12-31	฿1.52 Billion ≈ $47.35 Million	+128.85%
2002-12-31	฿663.84 Million ≈ $20.69 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 decreased by 18120860000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	฿1.09 Billion	70.81%
Other Comprehensive Income	฿202.08 Million	13.11%
Other Components	฿428.93 Million	27.84%
Total Equity	฿1.54 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
Wellgistics Health, Inc. Common Stock NASDAQ:WGRX	$8.85 Million
Era Graharealty PT Tbk JK:IPAC	$8.85 Million
Ely Gold Royalties Inc V:ELY	$8.85 Million
ABX Group Ltd AU:ABX	$8.86 Million
RECYCLICO BATTERY METALS F:ID4	$8.84 Million
Excite Technology Services Ltd AU:EXT	$8.84 Million
ReTo Eco-Solutions Inc NASDAQ:RETO	$8.83 Million
Pacific Ridge Exploration Ltd V:PEX	$8.83 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 2024 to 2025, total equity changed from 2,753,255,507 to 1,540,911,423, a change of -1,212,344,084 (-44.0%).
Net loss of 1,222,996,694 reduced equity.
Other comprehensive income increased equity by 81,754,828.
Other factors decreased equity by 71,102,218.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿-1.22 Billion	-79.37%
Other Comprehensive Income	฿81.75 Million	+5.31%
Other Changes	฿-71.10 Million	-4.61%
Total Change	฿-	-44.03%

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: 0.18x
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
2002-12-31	฿0.51	฿0.13	x
2003-12-31	฿2.13	฿0.13	x
2004-12-31	฿1.80	฿0.13	x
2005-12-31	฿1.24	฿0.13	x
2006-12-31	฿1.44	฿0.13	x
2007-12-31	฿1.17	฿0.13	x
2009-12-31	฿0.71	฿0.13	x
2010-12-31	฿1.03	฿0.13	x
2011-12-31	฿1.21	฿0.13	x
2012-12-31	฿1.20	฿0.13	x
2013-12-31	฿1.49	฿0.13	x
2014-12-31	฿1.60	฿0.13	x
2015-12-31	฿1.55	฿0.13	x
2016-12-31	฿0.97	฿0.13	x
2017-12-31	฿1.27	฿0.13	x
2018-12-31	฿1.45	฿0.13	x
2019-12-31	฿1.55	฿0.13	x
2020-12-31	฿1.90	฿0.13	x
2021-12-31	฿2.03	฿0.13	x
2022-12-31	฿1.90	฿0.13	x
2023-12-31	฿2.74	฿0.13	x
2024-12-31	฿1.22	฿0.13	x
2025-12-31	฿0.71	฿0.13	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): -79.37%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -65.20%
• Asset Turnover: 0.28x
• Equity Multiplier: 4.43x
Recent ROE (-79.37%) is below the historical average (7.33%), 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
2025	-79.37%	-65.20%	0.28x	4.43x	฿-1.38 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: $3,451,726,644
Average return on equity (ROE) among peers: 0.79%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
RS Public Company Limited (RS)	฿1.32 Billion	8.96%	4.07x	$8.84 Million
GMM Grammy Public Company Limited (GRAMMY)	$3.61 Billion	19.39%	0.64x	$73.60 Million
Major Cineplex Group Public Company Limited (MAJOR)	$6.63 Billion	-8.15%	1.67x	$144.60 Million
Major Cineplex Group Public Company Limited (MAJOR-R)	$6.61 Billion	17.71%	1.12x	$196.08 Million
Matching Maximize Solution Public Company Limited (MATCH)	$1.26 Billion	-5.19%	0.22x	$20.71 Million
Mono Next Public Company Limited (MONO)	$1.23 Billion	-20.79%	2.44x	$75.73 Million
TV Thunder Public Company Limited (TVT)	$657.53 Million	7.36%	0.16x	$5.49 Million
Workpoint Entertainment Public Company Limited (WORK)	$4.18 Billion	-4.81%	0.17x	$47.90 Million

About RS Public Company Limited

BK:RS Thailand Entertainment

Market Cap

$8.84 Million

฿283.69 Million THB

Market Cap Rank

#27380 Global

#571 in Thailand

Share Price

฿0.13

Change (1 day)

+8.33%

52-Week Range

฿0.12 - ฿0.32

All Time High

฿3795.09