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

Latest as of December 2025: ฿884.47 Million THB ≈ $27.57 Million USD

Based on the latest financial reports, Rayong Wire Industries Public Company Limited (RWI) has net assets worth ฿884.47 Million THB (≈ $27.57 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.05 Billion ≈ $32.85 Million USD) and total liabilities (฿169.31 Million ≈ $5.28 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. Check Rayong Wire Industries Public Company Li (RWI) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿884.47 Million
% of Total Assets	83.93%
Annual Growth Rate	2.27%
5-Year Change	-35.55%
10-Year Change	-5.86%
Growth Volatility	26.9

Rayong Wire Industries Public Company Limited - Net Assets Trend (2013–2025)

This chart illustrates how Rayong Wire Industries Public Company Limited's net assets have evolved over time, based on quarterly financial data. See RWI defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Rayong Wire Industries Public Company Limited (2013–2025)

The table below shows the annual net assets of Rayong Wire Industries Public Company Limited from 2013 to 2025. For live valuation and market cap data, see RWI company net worth.

Year	Net Assets	Change
2025-12-31	฿884.47 Million ≈ $27.57 Million	-12.03%
2024-12-31	฿1.01 Billion ≈ $31.34 Million	+0.45%
2023-12-31	฿1.00 Billion ≈ $31.20 Million	-9.97%
2022-12-31	฿1.11 Billion ≈ $34.66 Million	-18.97%
2021-12-31	฿1.37 Billion ≈ $42.77 Million	+77.48%
2020-12-31	฿773.19 Million ≈ $24.10 Million	-1.13%
2019-12-31	฿782.06 Million ≈ $24.38 Million	-26.61%
2018-12-31	฿1.07 Billion ≈ $33.21 Million	+3.55%
2017-12-31	฿1.03 Billion ≈ $32.08 Million	+9.53%
2016-12-31	฿939.53 Million ≈ $29.28 Million	+1.52%
2015-12-31	฿925.46 Million ≈ $28.85 Million	-1.92%
2014-12-31	฿943.55 Million ≈ $29.41 Million	+39.66%
2013-12-31	฿675.60 Million ≈ $21.06 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 125.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	฿999.08 Million	112.96%
Total Equity	฿884.47 Million	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
Ambica Agarbathies & Aroma industries Limited NSE:AMBICAAGAR	$4.57 Million
Nevada Sunrise Gold Corp V:NEV	$4.57 Million
Reklaim Ltd V:MYID	$4.57 Million
Polar Capital Global Financials Trust plc LSE:PCFT	$4.57 Million
Lucapa Diamond Company Ltd AU:LOM	$4.56 Million
Merko Gida Sanayi ve Ticaret AS IS:MERKO	$4.56 Million
CGN Resources Ltd AU:CGR	$4.56 Million
G Capital Public Company Limited BK:GCAP	$4.56 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 2024 to 2025, total equity changed from 1,005,453,264 to 884,473,961, a change of -120,979,303 (-12.0%).
Net loss of 120,979,303 reduced equity.
Other comprehensive income decreased equity by 47,727,500.
Other factors increased equity by 47,727,500.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿-120.98 Million	-13.68%
Other Comprehensive Income	฿-47.73 Million	-5.4%
Other Changes	฿47.73 Million	+5.4%
Total Change	฿-	-12.03%

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: 0.17x
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	฿0.16	x
2014-12-31	฿1.91	฿0.16	x
2015-12-31	฿1.54	฿0.16	x
2016-12-31	฿1.41	฿0.16	x
2017-12-31	฿1.49	฿0.16	x
2018-12-31	฿1.71	฿0.16	x
2019-12-31	฿1.23	฿0.16	x
2020-12-31	฿1.24	฿0.16	x
2021-12-31	฿2.15	฿0.16	x
2022-12-31	฿1.74	฿0.16	x
2023-12-31	฿1.09	฿0.16	x
2024-12-31	฿1.10	฿0.16	x
2025-12-31	฿0.97	฿0.16	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): -13.68%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -25.95%
• Asset Turnover: 0.44x
• Equity Multiplier: 1.19x
Recent ROE (-13.68%) is below the historical average (-1.85%), suggesting potential challenges in 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
2025	-13.68%	-25.95%	0.44x	1.19x	฿-209.43 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: $3,271,712,081
Average return on equity (ROE) among peers: 3.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Rayong Wire Industries Public Company Limited (RWI)	฿884.47 Million	18.28%	0.19x	$4.56 Million
2S Metal Public Company Limited (2S)	$761.09 Million	4.43%	0.59x	$52.11 Million
Asia Metal Public Company Limited (AMC)	$3.27 Billion	0.41%	0.58x	$32.02 Million
Bangsaphan Barmill Public Company Limited (BSBM)	$1.90 Billion	5.31%	0.07x	$20.97 Million
Capital Engineering Network Public Company Limited (CEN)	$1.53 Billion	11.42%	0.23x	$13.70 Million
Chow Steel Industries Public Company Limited (CHOW)	$1.35 Billion	2.41%	8.79x	$33.91 Million
CSP Steel Center Public Company Limited (CSP)	$604.82 Million	-1.82%	2.56x	$6.96 Million
G J Steel Public Company Limited (GJS)	$10.20 Billion	-19.97%	1.03x	$103.27 Million
POSCO-Thainox Public Company Limited (INOX)	$9.10 Billion	3.47%	0.43x	$1.02 Billion
Lohakit Metal Public Company Limited (LHK)	$1.45 Billion	10.24%	0.58x	$41.07 Million
M.C.S. Steel Public Company Limited (MCS)	$2.55 Billion	19.56%	0.47x	$112.25 Million

About Rayong Wire Industries Public Company Limited

BK:RWI Thailand Steel

Market Cap

$4.56 Million

฿146.44 Million THB

Market Cap Rank

#28740 Global

#620 in Thailand

Share Price

฿0.16

Change (1 day)

+0.00%

52-Week Range

฿0.16 - ฿0.32

All Time High

฿2.68