Willowglen MSC Bhd

KLSE:0008 Malaysia Computer Hardware
Market Cap
$27.98 Million
RM126.03 Million MYR
Market Cap Rank
#29285 Global
#568 in Malaysia
Share Price
RM0.26
Change (1 day)
+0.00%
52-Week Range
RM0.24 - RM0.31
All Time High
RM0.69
About

Willowglen MSC Berhad engages in the research, development, and supply of computer-based control systems in Malaysia, Singapore, and internationally. The company provides integrated supervisory control systems; security screening systems; intelligent transport systems; industrial internet of things; electric vehicle chargers; and energy storage systems. It also offers integrated monitoring system… Read more

Willowglen MSC Bhd (0008) - Net Assets

Latest net assets as of September 2025: RM171.82 Million MYR

Based on the latest financial reports, Willowglen MSC Bhd (0008) has net assets worth RM171.82 Million MYR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM223.47 Million) and total liabilities (RM51.65 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 RM171.82 Million
% of Total Assets 76.89%
Annual Growth Rate 8.28%
5-Year Change -0.23%
10-Year Change 43.9%
Growth Volatility 8.35

Willowglen MSC Bhd - Net Assets Trend (2006–2024)

This chart illustrates how Willowglen MSC Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Willowglen MSC Bhd (2006–2024)

The table below shows the annual net assets of Willowglen MSC Bhd from 2006 to 2024.

Year Net Assets Change
2024-12-31 RM175.16 Million -15.78%
2023-12-31 RM207.98 Million +5.22%
2022-12-31 RM197.66 Million +7.27%
2021-12-31 RM184.26 Million +4.95%
2020-12-31 RM175.57 Million +6.39%
2019-12-31 RM165.02 Million +6.76%
2018-12-31 RM154.58 Million +3.88%
2017-12-31 RM148.81 Million +9.09%
2016-12-31 RM136.41 Million +12.07%
2015-12-31 RM121.72 Million +21.32%
2014-12-31 RM100.34 Million +16.44%
2013-12-31 RM86.17 Million +19.13%
2012-12-31 RM72.33 Million +16.18%
2011-12-31 RM62.26 Million +1.48%
2010-12-31 RM61.35 Million +1.64%
2009-12-31 RM60.36 Million +16.01%
2008-12-31 RM52.03 Million +7.87%
2007-12-31 RM48.24 Million +15.38%
2006-12-31 RM41.81 Million --

Equity Component Analysis

This analysis shows how different components contribute to Willowglen MSC Bhd'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 554.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings RM126.12 Million 72.00%
Common Stock RM29.24 Million 16.69%
Other Comprehensive Income RM22.24 Million 12.70%
Total Equity RM175.16 Million 100.00%

Willowglen MSC Bhd Competitors by Market Cap

The table below lists competitors of Willowglen MSC Bhd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Willowglen MSC Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 207,981,000 to 175,164,000, a change of -32,817,000 (-15.8%).
  • Net loss of 18,727,000 reduced equity.
  • Dividend payments of 7,272,000 reduced retained earnings.
  • Share repurchases of 15,000 reduced equity.
  • Other comprehensive income decreased equity by 6,803,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM-18.73 Million -10.69%
Dividends Paid RM7.27 Million -4.15%
Share Repurchases RM15.00K -0.01%
Other Comprehensive Income RM-6.80 Million -3.88%
Total Change RM- -15.78%

Book Value vs Market Value Analysis

This analysis compares Willowglen MSC Bhd'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: 0.72x
  • 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 3.08x to 0.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 RM0.08 RM0.26 x
2007-12-31 RM0.10 RM0.26 x
2008-12-31 RM0.10 RM0.26 x
2009-12-31 RM0.12 RM0.26 x
2010-12-31 RM0.12 RM0.26 x
2011-12-31 RM0.13 RM0.26 x
2012-12-31 RM0.15 RM0.26 x
2013-12-31 RM0.18 RM0.26 x
2014-12-31 RM0.20 RM0.26 x
2015-12-31 RM0.25 RM0.26 x
2016-12-31 RM0.28 RM0.26 x
2017-12-31 RM0.30 RM0.26 x
2018-12-31 RM0.32 RM0.26 x
2019-12-31 RM0.34 RM0.26 x
2020-12-31 RM0.36 RM0.26 x
2021-12-31 RM0.38 RM0.26 x
2022-12-31 RM0.41 RM0.26 x
2023-12-31 RM0.43 RM0.26 x
2024-12-31 RM0.36 RM0.26 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Willowglen MSC Bhd 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): -10.69%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -9.10%
  • • Asset Turnover: 0.92x
  • • Equity Multiplier: 1.28x
  • Recent ROE (-10.69%) is below the historical average (12.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 19.27% 20.42% 0.83x 1.14x RM3.87 Million
2007 17.08% 15.86% 0.96x 1.12x RM3.41 Million
2008 15.49% 15.76% 0.86x 1.14x RM2.86 Million
2009 20.90% 20.34% 0.89x 1.15x RM6.58 Million
2010 15.27% 17.11% 0.80x 1.12x RM3.22 Million
2011 13.71% 16.31% 0.76x 1.10x RM2.30 Million
2012 21.27% 18.43% 0.99x 1.17x RM8.15 Million
2013 22.55% 18.87% 0.98x 1.22x RM10.77 Million
2014 17.48% 15.87% 0.92x 1.19x RM7.45 Million
2015 14.88% 15.17% 0.86x 1.15x RM5.93 Million
2016 13.38% 13.85% 0.84x 1.15x RM4.62 Million
2017 12.61% 12.05% 0.87x 1.21x RM3.87 Million
2018 7.20% 8.25% 0.75x 1.17x RM-4.32 Million
2019 9.03% 10.67% 0.71x 1.20x RM-1.59 Million
2020 10.22% 12.23% 0.69x 1.21x RM382.90K
2021 8.28% 8.91% 0.80x 1.16x RM-3.16 Million
2022 7.78% 7.99% 0.82x 1.19x RM-4.38 Million
2023 4.99% 4.96% 0.79x 1.27x RM-10.43 Million
2024 -10.69% -9.10% 0.92x 1.28x RM-36.24 Million

Industry Comparison

This section compares Willowglen MSC Bhd's net assets metrics with peer companies in the Computer Hardware industry.

Industry Context

  • Industry: Computer Hardware
  • Average net assets among peers: $758,000,000
  • Average return on equity (ROE) among peers: 23.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Willowglen MSC Bhd (0008) RM171.82 Million 19.27% 0.30x $8.41 Million
JCY International Bhd (5161) $1.30 Billion 16.15% 0.39x $38.50 Million
NexG Bhd (5216) $216.00 Million 30.09% 0.68x $95.36 Million