Rayong Wire Industries Public Company Limited

BK:RWI Thailand Steel
Market Cap
$4.49 Million
฿155.60 Million THB
Market Cap Rank
#34059 Global
#808 in Thailand
Share Price
฿0.17
Change (1 day)
+0.00%
52-Week Range
฿0.17 - ฿0.32
All Time High
฿2.68
Categories
Companies in Thailand Steel
About

Rayong Wire Industries Public Company Limited manufactures and distributes prestressed concrete wire, prestressed concrete strand wire, and welding wire in Thailand. The company offers pre-stressed concrete wires for use in the production of piles, electricity poles, finished floor slabs, and concrete railroad tiles. It also provides pre-stressed concrete strand wires that are used in constructio… Read more

Rayong Wire Industries Public Company Limited (RWI) - Net Assets

Latest net assets as of September 2025: ฿931.94 Million THB

Based on the latest financial reports, Rayong Wire Industries Public Company Limited (RWI) has net assets worth ฿931.94 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 (฿1.10 Billion) and total liabilities (฿171.59 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 ฿931.94 Million
% of Total Assets 84.45%
Annual Growth Rate 3.68%
5-Year Change 30.04%
10-Year Change 8.64%
Growth Volatility 27.57

Rayong Wire Industries Public Company Limited - Net Assets Trend (2013–2024)

This chart illustrates how Rayong Wire Industries 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 Rayong Wire Industries Public Company Limited (2013–2024)

The table below shows the annual net assets of Rayong Wire Industries Public Company Limited from 2013 to 2024.

Year Net Assets Change
2024-12-31 ฿1.01 Billion +0.45%
2023-12-31 ฿1.00 Billion -9.97%
2022-12-31 ฿1.11 Billion -18.97%
2021-12-31 ฿1.37 Billion +77.48%
2020-12-31 ฿773.19 Million -1.13%
2019-12-31 ฿782.06 Million -26.61%
2018-12-31 ฿1.07 Billion +3.55%
2017-12-31 ฿1.03 Billion +9.53%
2016-12-31 ฿939.53 Million +1.52%
2015-12-31 ฿925.46 Million -1.92%
2014-12-31 ฿943.55 Million +39.66%
2013-12-31 ฿675.60 Million --

Equity Component Analysis

This analysis shows how different components contribute to Rayong Wire Industries 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 98.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿6.38 Million 0.63%
Common Stock ฿457.64 Million 45.52%
Other Comprehensive Income ฿47.73 Million 4.75%
Other Components ฿493.71 Million 49.10%
Total Equity ฿1.01 Billion 100.00%

Rayong Wire Industries Public Company Limited Competitors by Market Cap

The table below lists competitors of Rayong Wire Industries Public Company Limited ranked by their market capitalization.

Company Market Cap
Manydev Studio SE
WAR:MAN
 		$2.14 Million
Evolving Systems Inc
PINK:EVOL
 		$2.14 Million
LDC Dental Public Company Limited
BK:LDC
 		$2.14 Million
Skeleton Coast Uranium Corp.
V:SKEL
 		$2.14 Million
RENFORTH RESS. INC. NEW
F:9RR
 		$2.14 Million
Hacisco JSC
VN:HAS
 		$2.14 Million
PT Cahayasakti Investindo Sukses Tbk
JK:CSIS
 		$2.14 Million
2F5
F:2F5
 		$2.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Rayong Wire Industries Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,000,985,635 to 1,005,453,264, a change of 4,467,629 (0.4%).
  • Net income of 4,466,457 contributed positively to equity growth.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿4.47 Million +0.44%
Other Changes ฿1.17K +0.0%
Total Change ฿- 0.45%

Book Value vs Market Value Analysis

This analysis compares Rayong Wire Industries 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: 0.15x
  • 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 ฿1.50 ฿0.17 x
2014-12-31 ฿1.91 ฿0.17 x
2015-12-31 ฿1.54 ฿0.17 x
2016-12-31 ฿1.41 ฿0.17 x
2017-12-31 ฿1.49 ฿0.17 x
2018-12-31 ฿1.71 ฿0.17 x
2019-12-31 ฿1.23 ฿0.17 x
2020-12-31 ฿1.24 ฿0.17 x
2021-12-31 ฿2.15 ฿0.17 x
2022-12-31 ฿1.74 ฿0.17 x
2023-12-31 ฿1.09 ฿0.17 x
2024-12-31 ฿1.10 ฿0.17 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rayong Wire Industries 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): 0.44%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.79%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 1.20x
  • Recent ROE (0.44%) is above the historical average (-0.86%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 18.28% 12.78% 1.01x 1.42x ฿55.93 Million
2014 8.63% 9.65% 0.69x 1.29x ฿-12.89 Million
2015 -2.02% -2.98% 0.66x 1.03x ฿-111.27 Million
2016 1.55% 2.44% 0.60x 1.05x ฿-79.34 Million
2017 7.86% 8.74% 0.68x 1.32x ฿-22.05 Million
2018 4.96% 5.23% 0.68x 1.39x ฿-53.69 Million
2019 -36.07% -41.72% 0.67x 1.29x ฿-360.28 Million
2020 3.99% 5.52% 0.50x 1.46x ฿-46.44 Million
2021 13.11% 20.46% 0.50x 1.29x ฿42.69 Million
2022 -19.97% -23.59% 0.70x 1.22x ฿-333.21 Million
2023 -11.12% -15.21% 0.60x 1.22x ฿-211.37 Million
2024 0.44% 0.79% 0.47x 1.20x ฿-96.08 Million

Industry Comparison

This section compares Rayong Wire Industries Public Company Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $3,659,793,554
  • Average return on equity (ROE) among peers: 2.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Rayong Wire Industries Public Company Limited (RWI) ฿931.94 Million 18.28% 0.18x $2.14 Million
2S Metal Public Company Limited (2S) $1.31 Billion 8.03% 0.41x $15.33 Million
Asia Metal Public Company Limited (AMC) $1.58 Billion 7.16% 1.61x $6.99 Million
Bangsaphan Barmill Public Company Limited (BSBM) $1.82 Billion -2.65% 0.07x $5.50 Million
Capital Engineering Network Public Company Limited (CEN) $2.42 Billion -0.89% 0.19x $5.45 Million
Chow Steel Industries Public Company Limited (CHOW) $520.72 Million 0.00% 4.33x $8.20 Million
CSP Steel Center Public Company Limited (CSP) $664.19 Million 10.03% 1.87x $950.75K
G J Steel Public Company Limited (GJS) $11.94 Billion -0.06% 0.49x $33.84 Million
POSCO-Thainox Public Company Limited (INOX) $10.76 Billion -5.72% 0.42x $11.41 Million
Lohakit Metal Public Company Limited (LHK) $1.64 Billion 5.32% 0.30x $15.23 Million
M.C.S. Steel Public Company Limited (MCS) $3.94 Billion 3.04% 0.72x $112.11 Million