WIIK Public Company Limited (WIIK) - Net Assets
Based on the latest financial reports, WIIK Public Company Limited (WIIK) has net assets worth ฿2.17 Billion THB (≈ $67.51 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.00 Billion ≈ $93.50 Million USD) and total liabilities (฿833.60 Million ≈ $25.98 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. Read WIIK Public Company Limited balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿2.17 Billion |
| % of Total Assets | 72.21% |
| Annual Growth Rate | 6.1% |
| 5-Year Change | 60.27% |
| 10-Year Change | 251.01% |
| Growth Volatility | 19.13 |
WIIK Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how WIIK Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore WIIK total asset value for the complete picture of this company's asset base.
Annual Net Assets for WIIK Public Company Limited (2000–2024)
The table below shows the annual net assets of WIIK Public Company Limited from 2000 to 2024. For live valuation and market cap data, see how much is WIIK Public Company Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.14 Billion ≈ $66.57 Million |
-0.17% |
| 2023-12-31 | ฿2.14 Billion ≈ $66.68 Million |
+0.90% |
| 2022-12-31 | ฿2.12 Billion ≈ $66.08 Million |
+1.13% |
| 2021-12-31 | ฿2.10 Billion ≈ $65.35 Million |
+57.33% |
| 2020-12-31 | ฿1.33 Billion ≈ $41.53 Million |
+44.63% |
| 2019-12-31 | ฿921.36 Million ≈ $28.72 Million |
+0.99% |
| 2018-12-31 | ฿912.37 Million ≈ $28.44 Million |
-3.04% |
| 2017-12-31 | ฿940.98 Million ≈ $29.33 Million |
+1.65% |
| 2016-12-31 | ฿925.70 Million ≈ $28.85 Million |
+52.15% |
| 2015-12-31 | ฿608.43 Million ≈ $18.96 Million |
+39.55% |
| 2014-12-31 | ฿436.00 Million ≈ $13.59 Million |
-1.42% |
| 2013-12-31 | ฿442.27 Million ≈ $13.79 Million |
+2.56% |
| 2012-12-31 | ฿431.24 Million ≈ $13.44 Million |
-2.83% |
| 2011-12-31 | ฿443.79 Million ≈ $13.83 Million |
-10.34% |
| 2010-12-31 | ฿494.97 Million ≈ $15.43 Million |
-7.21% |
| 2009-12-31 | ฿533.43 Million ≈ $16.63 Million |
-1.71% |
| 2008-12-31 | ฿542.69 Million ≈ $16.92 Million |
+4.53% |
| 2007-12-31 | ฿519.19 Million ≈ $16.18 Million |
-8.88% |
| 2006-12-31 | ฿569.81 Million ≈ $17.76 Million |
+3.26% |
| 2005-12-31 | ฿551.80 Million ≈ $17.20 Million |
+12.04% |
| 2004-12-31 | ฿492.51 Million ≈ $15.35 Million |
-9.05% |
| 2003-12-31 | ฿541.49 Million ≈ $16.88 Million |
+7.03% |
| 2002-12-31 | ฿505.90 Million ≈ $15.77 Million |
-2.97% |
| 2001-12-31 | ฿521.41 Million ≈ $16.25 Million |
+1.06% |
| 2000-12-31 | ฿515.96 Million ≈ $16.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to WIIK 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 19.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿177.82 Million | 8.41% |
| Other Components | ฿1.94 Billion | 91.59% |
| Total Equity | ฿2.11 Billion | 100.00% |
WIIK Public Company Limited Competitors by Market Cap
The table below lists competitors of WIIK Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Moleculin Biotech Inc
NASDAQ:MBRX
|
$22.47 Million |
|
FibroBiologics, Inc. Common Stock
NASDAQ:FBLG
|
$22.48 Million |
|
Eastparc Hotel Tbk PT
JK:EAST
|
$22.49 Million |
|
PPK Group Ltd
AU:PPK
|
$22.49 Million |
|
TPC Plus Bhd
KLSE:7176
|
$22.44 Million |
|
Indara Insurance Public Company Limited
BK:INSURE
|
$22.44 Million |
|
Seoul Pharma Co. Ltd
KQ:018680
|
$22.44 Million |
|
OneSavings Bank PLC
LSE:OSB
|
$22.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WIIK Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,117,451,928 to 2,113,284,091, a change of -4,167,837 (-0.2%).
- Net income of 43,405,908 contributed positively to equity growth.
- Dividend payments of 50,238,131 reduced retained earnings.
- Other comprehensive income decreased equity by 235,263,353.
- Other factors increased equity by 237,927,739.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿43.41 Million | +2.05% |
| Dividends Paid | ฿50.24 Million | -2.38% |
| Other Comprehensive Income | ฿-235.26 Million | -11.13% |
| Other Changes | ฿237.93 Million | +11.26% |
| Total Change | ฿- | -0.20% |
Book Value vs Market Value Analysis
This analysis compares WIIK 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.
- The price-to-book ratio has decreased from 0.55x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿1.57 | ฿0.86 | x |
| 2006-12-31 | ฿1.62 | ฿0.86 | x |
| 2007-12-31 | ฿1.48 | ฿0.86 | x |
| 2008-12-31 | ฿1.54 | ฿0.86 | x |
| 2009-12-31 | ฿1.48 | ฿0.86 | x |
| 2010-12-31 | ฿1.43 | ฿0.86 | x |
| 2011-12-31 | ฿1.26 | ฿0.86 | x |
| 2012-12-31 | ฿1.23 | ฿0.86 | x |
| 2013-12-31 | ฿1.31 | ฿0.86 | x |
| 2014-12-31 | ฿1.18 | ฿0.86 | x |
| 2015-12-31 | ฿1.74 | ฿0.86 | x |
| 2016-12-31 | ฿2.20 | ฿0.86 | x |
| 2017-12-31 | ฿2.15 | ฿0.86 | x |
| 2018-12-31 | ฿2.09 | ฿0.86 | x |
| 2019-12-31 | ฿2.11 | ฿0.86 | x |
| 2020-12-31 | ฿2.88 | ฿0.86 | x |
| 2021-12-31 | ฿3.09 | ฿0.86 | x |
| 2022-12-31 | ฿2.51 | ฿0.86 | x |
| 2023-12-31 | ฿2.53 | ฿0.86 | x |
| 2024-12-31 | ฿2.52 | ฿0.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WIIK 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): 2.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.26%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.34x
- Recent ROE (2.05%) is below the historical average (4.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 17.86% | 13.08% | 0.92x | 1.49x | ฿40.30 Million |
| 2001 | 13.31% | 10.52% | 0.96x | 1.31x | ฿17.16 Million |
| 2003 | 9.40% | 6.58% | 0.79x | 1.81x | ฿-3.21 Million |
| 2005 | 10.79% | 5.94% | 0.69x | 2.65x | ฿4.36 Million |
| 2006 | 3.17% | 1.68% | 0.80x | 2.37x | ฿-38.72 Million |
| 2007 | -7.71% | -5.18% | 0.62x | 2.40x | ฿-91.48 Million |
| 2008 | 4.35% | 1.69% | 1.13x | 2.27x | ฿-30.52 Million |
| 2009 | 0.23% | 0.14% | 0.81x | 2.02x | ฿-51.86 Million |
| 2010 | -7.77% | -7.12% | 0.51x | 2.13x | ฿-87.95 Million |
| 2011 | -9.79% | -6.25% | 0.63x | 2.48x | ฿-87.32 Million |
| 2012 | -2.26% | -1.23% | 0.87x | 2.12x | ฿-52.57 Million |
| 2013 | 0.03% | 0.02% | 0.78x | 2.17x | ฿-43.86 Million |
| 2014 | -1.45% | -0.64% | 1.07x | 2.13x | ฿-49.62 Million |
| 2015 | 13.69% | 7.28% | 0.93x | 2.02x | ฿22.47 Million |
| 2016 | 14.45% | 11.02% | 0.79x | 1.66x | ฿41.19 Million |
| 2017 | 9.59% | 7.54% | 0.69x | 1.84x | ฿-3.84 Million |
| 2018 | 1.35% | 1.02% | 0.61x | 2.16x | ฿-78.94 Million |
| 2019 | 2.34% | 1.77% | 0.56x | 2.36x | ฿-70.57 Million |
| 2020 | 8.21% | 6.78% | 0.64x | 1.89x | ฿-23.91 Million |
| 2021 | 4.40% | 7.12% | 0.48x | 1.28x | ฿-116.47 Million |
| 2022 | 4.53% | 6.31% | 0.56x | 1.29x | ฿-114.71 Million |
| 2023 | 2.32% | 3.74% | 0.49x | 1.27x | ฿-162.57 Million |
| 2024 | 2.05% | 3.26% | 0.47x | 1.34x | ฿-167.92 Million |
Industry Comparison
This section compares WIIK Public Company Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $1,601,390,535
- Average return on equity (ROE) among peers: 10.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WIIK Public Company Limited (WIIK) | ฿2.17 Billion | 17.86% | 0.38x | $22.45 Million |
| Arrow Syndicate Public Company Limited (ARROW) | $1.21 Billion | 13.99% | 0.36x | $42.44 Million |
| BuilderSmart Public Company Limited (BSM) | $428.35 Million | -12.37% | 1.91x | $2.26 Million |
| Dynasty Ceramic Public Company Limited (DCC) | $2.73 Billion | 43.11% | 0.36x | $350.77 Million |
| Diamond Building Products Public Company Limited (DRT) | $1.90 Billion | 20.68% | 0.71x | $118.45 Million |
| Quality Construction Products Public Company Limited (Q-CON) | $2.01 Billion | 6.37% | 0.16x | $79.17 Million |
| The Union Mosaic Industry Public Company Limited (UMI) | $1.34 Billion | -9.20% | 1.32x | $18.77 Million |
About WIIK Public Company Limited
WIIK Public Company Limited, together with its subsidiaries, engages in the manufacturing and distribution of pipes and related fitting products in Thailand. The company offers high density polyethylene pipes and fittings, including W-HQ pipes and fittings, W-HQ conduit pipes and fittings, W-EQ pipes, W-EP pipes, Weholite pipes and fittings, WehoManholes, and WehoTanks, as well as WIIK real-time … Read more