Rich Sport Public Company Limited
Rich Sport Public Company Limited, together with its subsidiary, engages in the manufacture and sale of shoes, clothes, caps, and bags in Thailand and internationally. The company also provides accessories, including socks. It sells its products through department stores, retail chains, and online channel. The company was founded in 2001 and is headquartered in Bangkok, Thailand.
Rich Sport Public Company Limited (RSP) - Net Assets
Latest net assets as of September 2025: ฿1.59 Billion THB
Based on the latest financial reports, Rich Sport Public Company Limited (RSP) has net assets worth ฿1.59 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 (฿2.19 Billion) and total liabilities (฿604.68 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 | ฿1.59 Billion |
| % of Total Assets | 72.43% |
| Annual Growth Rate | 14.5% |
| 5-Year Change | -1.16% |
| 10-Year Change | 245.77% |
| Growth Volatility | 54.63 |
Rich Sport Public Company Limited - Net Assets Trend (2014–2024)
This chart illustrates how Rich Sport 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 Rich Sport Public Company Limited (2014–2024)
The table below shows the annual net assets of Rich Sport Public Company Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.74 Billion | +1.86% |
| 2023-12-31 | ฿1.70 Billion | -4.57% |
| 2022-12-31 | ฿1.79 Billion | -0.50% |
| 2021-12-31 | ฿1.80 Billion | +2.19% |
| 2020-12-31 | ฿1.76 Billion | -2.23% |
| 2019-12-31 | ฿1.80 Billion | -2.31% |
| 2018-12-31 | ฿1.84 Billion | -1.65% |
| 2017-12-31 | ฿1.87 Billion | +182.96% |
| 2016-12-31 | ฿660.95 Million | +31.61% |
| 2015-12-31 | ฿502.19 Million | +12.07% |
| 2014-12-31 | ฿448.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rich Sport 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 28.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿136.22 Million | 7.88% |
| Other Components | ฿1.59 Billion | 92.12% |
| Total Equity | ฿1.73 Billion | 100.00% |
Rich Sport Public Company Limited Competitors by Market Cap
The table below lists competitors of Rich Sport Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xeriant Inc
OTCQB:XERI
|
$6.03 Million |
|
The Grounds Real Estate Development AG
XETRA:AMM
|
$6.03 Million |
|
Personal Assets Trust plc
LSE:PNL
|
$6.03 Million |
|
TC Traders Club Ltda
SA:TRAD3
|
$6.03 Million |
|
Althea Group Holdings Ltd
AU:AGH
|
$6.03 Million |
|
MODEL
ST:MODEL
|
$6.03 Million |
|
Gesundheitswelt Chiemgau AG
MU:JTH
|
$6.02 Million |
|
Dynasty Gold Corp
PINK:DGDCF
|
$6.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rich Sport Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,686,069,835 to 1,728,875,753, a change of 42,805,918 (2.5%).
- Net income of 133,688,776 contributed positively to equity growth.
- Dividend payments of 96,497,247 reduced retained earnings.
- Other comprehensive income decreased equity by 74,013,121.
- Other factors increased equity by 79,627,510.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿133.69 Million | +7.73% |
| Dividends Paid | ฿96.50 Million | -5.58% |
| Other Comprehensive Income | ฿-74.01 Million | -4.28% |
| Other Changes | ฿79.63 Million | +4.61% |
| Total Change | ฿- | 2.54% |
Book Value vs Market Value Analysis
This analysis compares Rich Sport 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: 0.40x
- 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 1.63x to 0.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿0.58 | ฿0.94 | x |
| 2015-12-31 | ฿0.65 | ฿0.94 | x |
| 2016-12-31 | ฿0.86 | ฿0.94 | x |
| 2017-12-31 | ฿3.47 | ฿0.94 | x |
| 2018-12-31 | ฿2.38 | ฿0.94 | x |
| 2019-12-31 | ฿2.33 | ฿0.94 | x |
| 2020-12-31 | ฿2.35 | ฿0.94 | x |
| 2021-12-31 | ฿2.40 | ฿0.94 | x |
| 2022-12-31 | ฿2.38 | ฿0.94 | x |
| 2023-12-31 | ฿2.27 | ฿0.94 | x |
| 2024-12-31 | ฿2.33 | ฿0.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rich Sport 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): 7.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.44%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.38x
- Recent ROE (7.73%) is below the historical average (14.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 15.20% | 8.32% | 1.26x | 1.46x | ฿23.08 Million |
| 2015 | 48.72% | 21.89% | 1.54x | 1.45x | ฿194.47 Million |
| 2016 | 45.20% | 21.99% | 1.56x | 1.32x | ฿232.66 Million |
| 2017 | 12.09% | 19.24% | 0.58x | 1.08x | ฿39.04 Million |
| 2018 | 8.60% | 14.11% | 0.57x | 1.08x | ฿-25.78 Million |
| 2019 | 8.50% | 11.98% | 0.66x | 1.07x | ฿-26.90 Million |
| 2020 | 0.08% | 0.15% | 0.46x | 1.18x | ฿-173.19 Million |
| 2021 | 1.66% | 3.30% | 0.41x | 1.21x | ฿-149.02 Million |
| 2022 | 6.34% | 8.83% | 0.57x | 1.26x | ฿-64.71 Million |
| 2023 | 6.15% | 7.14% | 0.63x | 1.36x | ฿-64.92 Million |
| 2024 | 7.73% | 9.44% | 0.59x | 1.38x | ฿-39.20 Million |
Industry Comparison
This section compares Rich Sport Public Company Limited's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $598,643,040
- Average return on equity (ROE) among peers: 31.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rich Sport Public Company Limited (RSP) | ฿1.59 Billion | 15.20% | 0.38x | $6.03 Million |
| CPL Group Public Company Limited (CPL) | $712.72 Million | 13.89% | 0.14x | $1.43 Million |
| Pan Asia Footwear Public Company Limited (PAF) | $484.57 Million | 50.02% | 0.57x | $5.24 Million |