Willowglen MSC Bhd
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.
| Company | Market Cap |
|---|---|
|
BYON Co. Ltd
KQ:032980
|
$8.41 Million |
|
Bioatla Inc
NASDAQ:BCAB
|
$8.42 Million |
|
PSS EXOL SA D ZY 1
F:9B2
|
$8.43 Million |
|
Southern Hemisphere Mining Ltd
AU:SUH
|
$8.43 Million |
|
Gia Lai Electricity JSC
VN:GEG
|
$8.41 Million |
|
Gauzy Ltd. Ordinary Shares
NASDAQ:GAUZ
|
$8.41 Million |
|
Taiwan Thick-Film Ind
TWO:6246
|
$8.41 Million |
|
BioMark Diagnostics Inc
PINK:BMKDF
|
$8.41 Million |
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 |