TWZ Corporation Public Company Limited (TWZ) - Net Assets

Latest as of December 2025: ฿1.71 Billion THB ≈ $53.41 Million USD

Based on the latest financial reports, TWZ Corporation Public Company Limited (TWZ) has net assets worth ฿1.71 Billion THB (≈ $53.41 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 (฿3.92 Billion ≈ $122.12 Million USD) and total liabilities (฿2.20 Billion ≈ $68.71 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 TWZ tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.71 Billion
% of Total Assets	43.74%
Annual Growth Rate	10.3%
5-Year Change	-57.8%
10-Year Change	-28.49%
Growth Volatility	48.96

TWZ Corporation Public Company Limited - Net Assets Trend (2004–2025)

This chart illustrates how TWZ Corporation Public Company Limited's net assets have evolved over time, based on quarterly financial data. See TWZ cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for TWZ Corporation Public Company Limited (2004–2025)

The table below shows the annual net assets of TWZ Corporation Public Company Limited from 2004 to 2025. For live valuation and market cap data, see market value of TWZ Corporation Public Company Limited.

Year	Net Assets	Change
2025-12-31	฿1.71 Billion ≈ $53.41 Million	-57.49%
2024-12-31	฿4.03 Billion ≈ $125.66 Million	-1.96%
2023-12-31	฿4.11 Billion ≈ $128.17 Million	+0.61%
2022-12-31	฿4.09 Billion ≈ $127.39 Million	+0.66%
2021-12-31	฿4.06 Billion ≈ $126.56 Million	+33.93%
2020-12-31	฿3.03 Billion ≈ $94.50 Million	+5.55%
2019-12-31	฿2.87 Billion ≈ $89.53 Million	+6.71%
2018-12-31	฿2.69 Billion ≈ $83.90 Million	+14.09%
2017-12-31	฿2.36 Billion ≈ $73.54 Million	-1.55%
2016-12-31	฿2.40 Billion ≈ $74.69 Million	+7.55%
2015-12-31	฿2.23 Billion ≈ $69.45 Million	-0.35%
2014-12-31	฿2.24 Billion ≈ $69.69 Million	+177.99%
2013-12-31	฿804.36 Million ≈ $25.07 Million	+11.14%
2012-12-31	฿723.72 Million ≈ $22.56 Million	-1.05%
2011-12-31	฿731.40 Million ≈ $22.80 Million	-2.75%
2010-12-31	฿752.06 Million ≈ $23.44 Million	+5.82%
2009-12-31	฿710.67 Million ≈ $22.15 Million	+20.12%
2008-12-31	฿591.62 Million ≈ $18.44 Million	-3.43%
2007-12-31	฿612.60 Million ≈ $19.09 Million	+3.87%
2006-12-31	฿589.77 Million ≈ $18.38 Million	+12.26%
2005-12-31	฿525.36 Million ≈ $16.37 Million	+140.37%
2004-12-31	฿218.56 Million ≈ $6.81 Million	--

Equity Component Analysis

This analysis shows how different components contribute to TWZ Corporation 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 4029.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	฿3.26 Billion	186.82%
Total Equity	฿1.75 Billion	100.00%

TWZ Corporation Public Company Limited Competitors by Market Cap

The table below lists competitors of TWZ Corporation Public Company Limited ranked by their market capitalization.

Company	Market Cap
Medadvisor Ltd AU:MDR	$9.91 Million
Transkon Jaya Pt JK:TRJA	$9.91 Million
MILA RESOUR. PLC LS-01 F:HN0	$9.92 Million
Euroland Corporate SA PA:MLERO	$9.92 Million
CalciMedica, Inc. Common Stock NASDAQ:CALC	$9.90 Million
Thai Wire Products Public Company Limited BK:TWP	$9.90 Million
Filtronic LSE:FTC	$9.90 Million
Meta Epsi Tbk PT JK:MTPS	$9.90 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,807,065,524 to 1,745,359,463, a change of -2,061,706,061 (-54.2%).
Net loss of 2,061,706,061 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿-2.06 Billion	-118.13%
Total Change	฿-	-54.15%

Book Value vs Market Value Analysis

This analysis compares TWZ Corporation 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: 0.18x
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 increased from 0.04x to 0.18x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	฿0.26	฿0.01	x
2006-12-31	฿0.23	฿0.01	x
2007-12-31	฿0.24	฿0.01	x
2008-12-31	฿0.24	฿0.01	x
2009-12-31	฿0.28	฿0.01	x
2010-12-31	฿0.29	฿0.01	x
2011-12-31	฿0.28	฿0.01	x
2012-12-31	฿0.28	฿0.01	x
2013-12-31	฿0.31	฿0.01	x
2014-12-31	฿0.51	฿0.01	x
2015-12-31	฿0.33	฿0.01	x
2016-12-31	฿0.35	฿0.01	x
2017-12-31	฿0.35	฿0.01	x
2018-12-31	฿0.39	฿0.01	x
2019-12-31	฿0.29	฿0.01	x
2020-12-31	฿0.27	฿0.01	x
2021-12-31	฿0.28	฿0.01	x
2022-12-31	฿0.19	฿0.01	x
2023-12-31	฿0.19	฿0.01	x
2024-12-31	฿0.12	฿0.01	x
2025-12-31	฿0.05	฿0.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently TWZ Corporation 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): -118.13%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -35.93%
• Asset Turnover: 1.46x
• Equity Multiplier: 2.24x
Recent ROE (-118.13%) is below the historical average (1.37%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	26.57%	3.07%	3.32x	2.61x	฿36.21 Million
2005	19.69%	3.55%	2.85x	1.95x	฿50.93 Million
2006	21.10%	3.57%	2.87x	2.06x	฿65.44 Million
2007	15.48%	2.08%	2.52x	2.96x	฿33.57 Million
2008	2.54%	0.46%	1.68x	3.28x	฿-44.14 Million
2009	20.13%	4.01%	1.56x	3.21x	฿71.99 Million
2010	13.48%	2.62%	1.65x	3.12x	฿26.18 Million
2011	3.12%	0.59%	1.72x	3.06x	฿-50.35 Million
2012	0.75%	0.15%	1.54x	3.31x	฿-66.95 Million
2013	9.91%	2.01%	1.29x	3.82x	฿-746.65K
2014	5.30%	2.87%	1.16x	1.59x	฿-105.03 Million
2015	1.17%	0.67%	0.97x	1.78x	฿-196.83 Million
2016	4.31%	2.45%	0.84x	2.08x	฿-132.00 Million
2017	-0.15%	-0.10%	0.74x	2.09x	฿-230.88 Million
2018	2.44%	1.87%	0.68x	1.92x	฿-197.05 Million
2019	1.67%	1.19%	0.68x	2.07x	฿-218.57 Million
2020	-0.32%	-0.27%	0.56x	2.09x	฿-284.69 Million
2021	1.02%	1.14%	0.53x	1.71x	฿-340.33 Million
2022	0.68%	0.76%	0.56x	1.60x	฿-356.02 Million
2023	0.74%	0.80%	0.57x	1.62x	฿-356.35 Million
2024	-1.28%	-1.18%	0.66x	1.64x	฿-429.34 Million
2025	-118.13%	-35.93%	1.46x	2.24x	฿-2.24 Billion

Industry Comparison

This section compares TWZ Corporation Public Company Limited's net assets metrics with peer companies in the Specialty Retail industry.

Industry Context

Industry: Specialty Retail
Average net assets among peers: $3,978,467,053
Average return on equity (ROE) among peers: 4541.33%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
TWZ Corporation Public Company Limited (TWZ)	฿1.71 Billion	26.57%	1.29x	$9.90 Million
Beauty Community Public Company Limited (BEAUTY)	$14.89 Million	0.00%	11.09x	$35.46 Million
Big Camera Corporation Public Company Limited (BIG)	$2.65 Million	40773.68%	6.99x	$34.10 Million
Com7 PCL (COM7)	$2.78 Billion	32.09%	1.73x	$2.00 Billion
Com7 Public Company Limited (COM7-R)	$1.76 Billion	15.22%	1.49x	$1.85 Billion
Jay Mart Public Company Limited (JMART)	$2.10 Billion	16.67%	1.95x	$403.83 Million
PTG Energy PCL (PTG)	$8.93 Billion	10.58%	4.26x	$387.79 Million
RPCG Public Company Limited (RPC)	$1.13 Billion	-12.35%	1.60x	$14.64 Million
SE-Education Public Company Limited (SE-ED)	$785.01 Million	30.96%	1.91x	$20.77 Million
Singer Thailand Public Company Limited (SINGER-R)	$18.31 Billion	5.14%	0.41x	$176.57 Million

About TWZ Corporation Public Company Limited

BK:TWZ Thailand Specialty Retail

Market Cap

$9.90 Million

฿317.77 Million THB

Market Cap Rank

#27069 Global

#559 in Thailand

Share Price

฿0.01

Change (1 day)

-50.00%

52-Week Range

฿0.01 - ฿0.04

All Time High

฿0.35