Warrix Sport PCL
Warrix Sport Public Company Limited manufactures and sells uniform, clothing, and sport equipment for men, women, and children in Thailand and internationally. It operates in three segments: Credit Selling, Online Selling, and Others. The company offers school/university shirt and foot club shirts; shirts, pants, shoes, socks, bags, and hats; training set, football, futsal, run, golf, and basketb… Read more
Warrix Sport PCL (WARRIX) - Net Assets
Latest net assets as of June 2024: ฿1.36 Billion THB
Based on the latest financial reports, Warrix Sport PCL (WARRIX) has net assets worth ฿1.36 Billion THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.73 Billion) and total liabilities (฿364.50 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 | ฿1.36 Billion |
| % of Total Assets | 78.92% |
| Annual Growth Rate | 56.62% |
| 5-Year Change | 766.73% |
| 10-Year Change | N/A |
| Growth Volatility | 287.36 |
Warrix Sport PCL - Net Assets Trend (2018–2023)
This chart illustrates how Warrix Sport PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Warrix Sport PCL (2018–2023)
The table below shows the annual net assets of Warrix Sport PCL from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿1.41 Billion | -2.29% |
| 2022-12-31 | ฿1.44 Billion | +721.89% |
| 2021-12-31 | ฿175.27 Million | +5.18% |
| 2020-12-31 | ฿166.63 Million | +2.61% |
| 2019-12-31 | ฿162.39 Million | +8.69% |
| 2018-12-31 | ฿149.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Warrix Sport PCL'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 113.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿105.68 Million | 7.51% |
| Common Stock | ฿300.00 Million | 21.31% |
| Other Comprehensive Income | ฿41.54 Million | 2.95% |
| Other Components | ฿960.25 Million | 68.23% |
| Total Equity | ฿1.41 Billion | 100.00% |
Warrix Sport PCL Competitors by Market Cap
The table below lists competitors of Warrix Sport PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tekna Holding AS
OL:TEKNA
|
$12.00 Million |
|
MachTen Inc.
PINK:MACT
|
$12.00 Million |
|
Pivotree Inc.
PINK:PVTRF
|
$12.00 Million |
|
Soligenix Inc.
NASDAQ:SNGX
|
$12.00 Million |
|
Polyrizon Ltd. Ordinary Shares
NASDAQ:PLRZ
|
$11.99 Million |
|
YNH Property Bhd
KLSE:3158
|
$11.98 Million |
|
KLA-TENCOR - Dusseldorf Stock Exchang
DU:KLA
|
$11.98 Million |
|
BMG Resources Ltd
AU:BMG
|
$11.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Warrix Sport PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,440,492,575 to 1,407,466,149, a change of -33,026,426 (-2.3%).
- Net income of 127,384,413 contributed positively to equity growth.
- Dividend payments of 113,999,772 reduced retained earnings.
- Share repurchases of 46,350,795 reduced equity.
- Other comprehensive income increased equity by 34,844,607.
- Other factors decreased equity by 34,904,879.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿127.38 Million | +9.05% |
| Dividends Paid | ฿114.00 Million | -8.1% |
| Share Repurchases | ฿46.35 Million | -3.29% |
| Other Comprehensive Income | ฿34.84 Million | +2.48% |
| Other Changes | ฿-34.90 Million | -2.48% |
| Total Change | ฿- | -2.29% |
Book Value vs Market Value Analysis
This analysis compares Warrix Sport PCL'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: 0.75x
- 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 decreased from 2.34x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ฿0.75 | ฿1.75 | x |
| 2019-12-31 | ฿16.24 | ฿1.75 | x |
| 2020-12-31 | ฿16.66 | ฿1.75 | x |
| 2021-12-31 | ฿0.29 | ฿1.75 | x |
| 2022-12-31 | ฿3.92 | ฿1.75 | x |
| 2023-12-31 | ฿2.35 | ฿1.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Warrix Sport PCL 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): 9.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.18%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.28x
- Recent ROE (9.05%) is above the historical average (8.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 9.15% | 1.93% | 1.14x | 4.15x | ฿-1.27 Million |
| 2019 | 8.00% | 1.87% | 0.96x | 4.45x | ฿-3.25 Million |
| 2020 | 7.99% | 2.05% | 0.83x | 4.68x | ฿-3.35 Million |
| 2021 | 8.12% | 2.20% | 0.87x | 4.26x | ฿-3.29 Million |
| 2022 | 8.92% | 12.09% | 0.57x | 1.30x | ฿-15.56 Million |
| 2023 | 9.05% | 10.18% | 0.70x | 1.28x | ฿-13.36 Million |
Industry Comparison
This section compares Warrix Sport PCL's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $824,623,176
- Average return on equity (ROE) among peers: 3.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Warrix Sport PCL (WARRIX) | ฿1.36 Billion | 9.15% | 0.27x | $11.99 Million |
| Chamni's Eye PCL (CEYE) | $520.42 Million | 10.00% | 0.22x | $4.47 Million |
| City Sports and Recreation Public Company Limited (CSR) | $2.36 Billion | 0.85% | 0.00x | $8.46 Million |
| Safari World PLC (SAFARI) | $-404.47 Million | 0.00% | 0.00x | $85.95 |