Toray Textiles (Thailand) Public Company Limited
Toray Textiles (Thailand) Public Company Limited manufactures and markets various fabric products in Thailand, Asia, Africa, Europe, America, and Oceania. It operates through two segments: Textile and Industrial Material Product. The company offers polyester and cotton blended, polyester viscose, filament woven, woven, spun, and knitted fabrics, as well as denim yarn; and industrial materials, su… Read more
Toray Textiles (Thailand) Public Company Limited (TTT) - Net Assets
Latest net assets as of December 2025: ฿7.16 Billion THB
Based on the latest financial reports, Toray Textiles (Thailand) Public Company Limited (TTT) has net assets worth ฿7.16 Billion THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿8.43 Billion) and total liabilities (฿1.27 Billion). 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 | ฿7.16 Billion |
| % of Total Assets | 84.97% |
| Annual Growth Rate | -0.03% |
| 5-Year Change | 5.67% |
| 10-Year Change | N/A |
| Growth Volatility | 4.15 |
Toray Textiles (Thailand) Public Company Limited - Net Assets Trend (2017–2024)
This chart illustrates how Toray Textiles (Thailand) 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 Toray Textiles (Thailand) Public Company Limited (2017–2024)
The table below shows the annual net assets of Toray Textiles (Thailand) Public Company Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿7.34 Billion | +2.89% |
| 2023-12-31 | ฿7.13 Billion | +2.94% |
| 2022-12-31 | ฿6.93 Billion | +0.30% |
| 2021-12-31 | ฿6.91 Billion | -0.53% |
| 2020-12-31 | ฿6.95 Billion | -9.26% |
| 2019-12-31 | ฿7.66 Billion | -0.08% |
| 2018-12-31 | ฿7.66 Billion | +4.18% |
| 2017-12-31 | ฿7.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Toray Textiles (Thailand) 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 grown by 0.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿5.54 Billion | 75.43% |
| Other Components | ฿1.80 Billion | 24.57% |
| Total Equity | ฿7.34 Billion | 100.00% |
Toray Textiles (Thailand) Public Company Limited Competitors by Market Cap
The table below lists competitors of Toray Textiles (Thailand) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CEL-SCI CORP. NEW DL-01
F:LSRM
|
$18.29 Million |
|
Vrc Real Estate and Investment JSC
VN:VRC
|
$18.29 Million |
|
Yayla Enerji Uretim Turizm ve
IS:YAYLA
|
$18.29 Million |
|
Seker Finansal Kiralama AS
IS:SEKFK
|
$18.29 Million |
|
WOOJUNG BIO Inc
KQ:215380
|
$18.28 Million |
|
Studio Mir Co. Ltd.
KQ:408900
|
$18.28 Million |
|
Intrepid Metals Corp.
OTCQB:IMTCF
|
$18.27 Million |
|
Rank Progress S.A.
WAR:RNK
|
$18.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Toray Textiles (Thailand) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,134,855,236 to 7,340,906,005, a change of 206,050,769 (2.9%).
- Net income of 356,986,871 contributed positively to equity growth.
- Dividend payments of 147,492,000 reduced retained earnings.
- Other comprehensive income decreased equity by 897,840,000.
- Other factors increased equity by 894,395,898.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿356.99 Million | +4.86% |
| Dividends Paid | ฿147.49 Million | -2.01% |
| Other Comprehensive Income | ฿-897.84 Million | -12.23% |
| Other Changes | ฿894.40 Million | +12.18% |
| Total Change | ฿- | 2.89% |
Book Value vs Market Value Analysis
This analysis compares Toray Textiles (Thailand) 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: 0.34x
- 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 |
|---|---|---|---|
| 2017-12-31 | ฿127.15 | ฿43.25 | x |
| 2018-12-31 | ฿132.46 | ฿43.25 | x |
| 2019-12-31 | ฿132.35 | ฿43.25 | x |
| 2020-12-31 | ฿120.10 | ฿43.25 | x |
| 2021-12-31 | ฿119.47 | ฿43.25 | x |
| 2022-12-31 | ฿119.83 | ฿43.25 | x |
| 2023-12-31 | ฿123.36 | ฿43.25 | x |
| 2024-12-31 | ฿126.92 | ฿43.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Toray Textiles (Thailand) 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): 4.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.94%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.20x
- Recent ROE (4.86%) is above the historical average (2.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.65% | 5.70% | 0.94x | 1.43x | ฿-172.94 Million |
| 2018 | 5.96% | 4.79% | 0.93x | 1.33x | ฿-309.40 Million |
| 2019 | 2.99% | 2.63% | 0.85x | 1.34x | ฿-536.47 Million |
| 2020 | -8.17% | -8.80% | 0.75x | 1.23x | ฿-1.26 Billion |
| 2021 | 0.08% | 0.07% | 0.97x | 1.22x | ฿-685.24 Million |
| 2022 | 0.80% | 0.56% | 1.14x | 1.25x | ฿-637.83 Million |
| 2023 | 3.81% | 2.87% | 1.07x | 1.24x | ฿-441.49 Million |
| 2024 | 4.86% | 3.94% | 1.03x | 1.20x | ฿-377.10 Million |
Industry Comparison
This section compares Toray Textiles (Thailand) 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: $4,896,015,051
- Average return on equity (ROE) among peers: 1.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Toray Textiles (Thailand) Public Company Limited (TTT) | ฿7.16 Billion | 7.65% | 0.18x | $18.29 Million |
| 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 |
| Thai Textile Industry Public Company Limited (TTI) | $2.00 Billion | -6.52% | 0.80x | $737.97K |
| 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 |