Thai Textile Industry Public Company Limited
Thai Textile Industry Public Company Limited, together with its subsidiaries, engages in the manufacturing, service render and distributing yarns, apparel, and fabrics in Thailand and internationally. The company was founded in 1969 and is headquartered in Samut Prakan, Thailand.
Thai Textile Industry Public Company Limited (TTI) - Net Assets
Latest net assets as of September 2025: ฿2.28 Billion THB
Based on the latest financial reports, Thai Textile Industry Public Company Limited (TTI) has net assets worth ฿2.28 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 (฿2.86 Billion) and total liabilities (฿583.59 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 | ฿2.28 Billion |
| % of Total Assets | 79.59% |
| Annual Growth Rate | 1.74% |
| 5-Year Change | -6.37% |
| 10-Year Change | 39.67% |
| Growth Volatility | 17.36 |
Thai Textile Industry Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Thai Textile Industry 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 Thai Textile Industry Public Company Limited (2000–2024)
The table below shows the annual net assets of Thai Textile Industry Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.32 Billion | -10.57% |
| 2023-12-31 | ฿2.59 Billion | -2.30% |
| 2022-12-31 | ฿2.65 Billion | +3.34% |
| 2021-12-31 | ฿2.57 Billion | +3.70% |
| 2020-12-31 | ฿2.48 Billion | -3.68% |
| 2019-12-31 | ฿2.57 Billion | -9.48% |
| 2018-12-31 | ฿2.84 Billion | +78.70% |
| 2017-12-31 | ฿1.59 Billion | -1.66% |
| 2016-12-31 | ฿1.62 Billion | -2.64% |
| 2015-12-31 | ฿1.66 Billion | -2.64% |
| 2014-12-31 | ฿1.70 Billion | -5.09% |
| 2013-12-31 | ฿1.80 Billion | -1.16% |
| 2012-12-31 | ฿1.82 Billion | -6.25% |
| 2011-12-31 | ฿1.94 Billion | -4.02% |
| 2010-12-31 | ฿2.02 Billion | +1.17% |
| 2009-12-31 | ฿2.00 Billion | -7.93% |
| 2008-12-31 | ฿2.17 Billion | -2.04% |
| 2007-12-31 | ฿2.21 Billion | -13.58% |
| 2006-12-31 | ฿2.56 Billion | +15.51% |
| 2005-12-31 | ฿2.22 Billion | +5.09% |
| 2004-12-31 | ฿2.11 Billion | +7.94% |
| 2003-12-31 | ฿1.95 Billion | +5.88% |
| 2002-12-31 | ฿1.85 Billion | +16.03% |
| 2001-12-31 | ฿1.59 Billion | +3.70% |
| 2000-12-31 | ฿1.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thai Textile Industry 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 34.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿330.00 Million | 15.11% |
| Other Components | ฿1.85 Billion | 84.89% |
| Total Equity | ฿2.18 Billion | 100.00% |
Thai Textile Industry Public Company Limited Competitors by Market Cap
The table below lists competitors of Thai Textile Industry Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anagenics Ltd
AU:AN1
|
$738.39K |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
$738.54K |
|
Kedaung Indah Can Tbk
JK:KICI
|
$739.07K |
|
2U, Inc.
PINK:TWOUQ
|
$739.61K |
|
CERo Therapeutics Holdings, Inc. Common Stock
NASDAQ:CERO
|
$737.52K |
|
Lehto Group Oyj
F:L7G
|
$737.47K |
|
Goldflare Exploration Inc
V:GOFL
|
$737.13K |
|
Silly Monks Entertainment Limited
NSE:SILLYMONKS
|
$736.66K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thai Textile Industry Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,406,014,871 to 2,184,150,782, a change of -221,864,089 (-9.2%).
- Net loss of 95,874,672 reduced equity.
- Dividend payments of 24,889,671 reduced retained earnings.
- Other comprehensive income decreased equity by 894,761,690.
- Other factors increased equity by 793,661,944.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-95.87 Million | -4.39% |
| Dividends Paid | ฿24.89 Million | -1.14% |
| Other Comprehensive Income | ฿-894.76 Million | -40.97% |
| Other Changes | ฿793.66 Million | +36.34% |
| Total Change | ฿- | -9.22% |
Book Value vs Market Value Analysis
This analysis compares Thai Textile Industry 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: 0.58x
- 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 |
|---|---|---|---|
| 2006-12-31 | ฿43.93 | ฿25.50 | x |
| 2007-12-31 | ฿40.80 | ฿25.50 | x |
| 2008-12-31 | ฿40.79 | ฿25.50 | x |
| 2009-12-31 | ฿37.64 | ฿25.50 | x |
| 2010-12-31 | ฿37.85 | ฿25.50 | x |
| 2011-12-31 | ฿36.65 | ฿25.50 | x |
| 2012-12-31 | ฿34.26 | ฿25.50 | x |
| 2013-12-31 | ฿34.16 | ฿25.50 | x |
| 2014-12-31 | ฿32.08 | ฿25.50 | x |
| 2015-12-31 | ฿30.53 | ฿25.50 | x |
| 2016-12-31 | ฿30.19 | ฿25.50 | x |
| 2017-12-31 | ฿29.53 | ฿25.50 | x |
| 2018-12-31 | ฿53.93 | ฿25.50 | x |
| 2019-12-31 | ฿48.57 | ฿25.50 | x |
| 2020-12-31 | ฿46.68 | ฿25.50 | x |
| 2021-12-31 | ฿48.37 | ฿25.50 | x |
| 2022-12-31 | ฿50.02 | ฿25.50 | x |
| 2023-12-31 | ฿48.11 | ฿25.50 | x |
| 2024-12-31 | ฿43.68 | ฿25.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thai Textile Industry 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): -4.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.35%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.44x
- Recent ROE (-4.39%) is below the historical average (0.33%), 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 | 0.07% | 0.04% | 0.93x | 1.77x | ฿-170.98 Million |
| 2003 | 10.91% | 6.58% | 0.90x | 1.85x | ฿16.85 Million |
| 2004 | 11.25% | 6.21% | 1.07x | 1.69x | ฿24.98 Million |
| 2005 | 10.25% | 5.57% | 0.93x | 1.98x | ฿5.27 Million |
| 2006 | 9.53% | 4.85% | 0.97x | 2.03x | ฿-10.30 Million |
| 2007 | -1.54% | -0.77% | 0.98x | 2.04x | ฿-235.32 Million |
| 2008 | 1.20% | 0.67% | 0.94x | 1.89x | ฿-179.51 Million |
| 2009 | -6.91% | -3.65% | 0.99x | 1.91x | ฿-318.58 Million |
| 2010 | 2.14% | 0.91% | 1.19x | 1.98x | ฿-149.34 Million |
| 2011 | 1.50% | 0.63% | 1.12x | 2.10x | ฿-155.64 Million |
| 2012 | -5.49% | -2.42% | 1.03x | 2.20x | ฿-265.19 Million |
| 2013 | 1.52% | 0.62% | 0.97x | 2.51x | ฿-143.46 Million |
| 2014 | -3.71% | -1.52% | 0.91x | 2.68x | ฿-220.40 Million |
| 2015 | 0.43% | 0.17% | 0.94x | 2.70x | ฿-149.58 Million |
| 2016 | -1.59% | -0.64% | 0.96x | 2.59x | ฿-175.38 Million |
| 2017 | -0.83% | -0.35% | 0.84x | 2.84x | ฿-159.91 Million |
| 2018 | -4.06% | -2.83% | 0.69x | 2.09x | ฿-379.69 Million |
| 2019 | -10.41% | -8.44% | 0.61x | 2.01x | ฿-495.67 Million |
| 2020 | -4.05% | -4.97% | 0.46x | 1.78x | ฿-328.00 Million |
| 2021 | 2.23% | 2.44% | 0.61x | 1.50x | ฿-187.92 Million |
| 2022 | 4.30% | 3.84% | 0.75x | 1.50x | ฿-142.47 Million |
| 2023 | -4.72% | -5.33% | 0.59x | 1.49x | ฿-354.13 Million |
| 2024 | -4.39% | -5.35% | 0.57x | 1.44x | ฿-314.29 Million |
Industry Comparison
This section compares Thai Textile Industry Public Company Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $5,718,474,287
- Average return on equity (ROE) among peers: 2.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thai Textile Industry Public Company Limited (TTI) | ฿2.28 Billion | 0.07% | 0.26x | $737.97K |
| Asia Fiber Public Company Limited (AFC) | $1.19 Billion | -1.77% | 0.17x | $1.20 Million |
| TCM Corporation Public Company Limited (TCMC) | $859.39 Million | 5.16% | 0.54x | $3.57 Million |
| Thai Rayon Public Company Limited (TR) | $23.19 Billion | 9.17% | 0.08x | $18.95 Million |
| Toray Textiles (Thailand) Public Company Limited (TTT) | $6.93 Billion | 0.80% | 0.25x | $18.29 Million |
| Union Pioneer Public Company Limited (UPF) | $372.71 Million | 9.48% | 0.44x | $1.54 Million |
| World Flex PCL (WFX) | $1.76 Billion | -7.39% | 0.40x | $4.50 Million |