Willowglen MSC Bhd (0008) - Net Assets

Latest as of September 2025: RM171.82 Million MYR ≈ $43.14 Million USD

Based on the latest financial reports, Willowglen MSC Bhd (0008) has net assets worth RM171.82 Million MYR (≈ $43.14 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 (RM223.47 Million ≈ $56.11 Million USD) and total liabilities (RM51.65 Million ≈ $12.97 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 0008 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Willowglen MSC Bhd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Willowglen MSC Bhd (0008) market capitalisation.

Year	Net Assets	Change
2024-12-31	RM175.16 Million ≈ $43.98 Million	-15.78%
2023-12-31	RM207.98 Million ≈ $52.22 Million	+5.22%
2022-12-31	RM197.66 Million ≈ $49.63 Million	+7.27%
2021-12-31	RM184.26 Million ≈ $46.26 Million	+4.95%
2020-12-31	RM175.57 Million ≈ $44.08 Million	+6.39%
2019-12-31	RM165.02 Million ≈ $41.43 Million	+6.76%
2018-12-31	RM154.58 Million ≈ $38.81 Million	+3.88%
2017-12-31	RM148.81 Million ≈ $37.36 Million	+9.09%
2016-12-31	RM136.41 Million ≈ $34.25 Million	+12.07%
2015-12-31	RM121.72 Million ≈ $30.56 Million	+21.32%
2014-12-31	RM100.34 Million ≈ $25.19 Million	+16.44%
2013-12-31	RM86.17 Million ≈ $21.63 Million	+19.13%
2012-12-31	RM72.33 Million ≈ $18.16 Million	+16.18%
2011-12-31	RM62.26 Million ≈ $15.63 Million	+1.48%
2010-12-31	RM61.35 Million ≈ $15.40 Million	+1.64%
2009-12-31	RM60.36 Million ≈ $15.15 Million	+16.01%
2008-12-31	RM52.03 Million ≈ $13.06 Million	+7.87%
2007-12-31	RM48.24 Million ≈ $12.11 Million	+15.38%
2006-12-31	RM41.81 Million ≈ $10.50 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
Jack Chia Industries (Thailand) Public Company Limited BK:JCT	$34.08 Million
BRIDGETEC Corp KQ:064480	$34.09 Million
ALPHA EXPLORATION LTD F:J0C	$34.09 Million
KebNi AB (publ) ST:KEBNI-B	$34.09 Million
Posco C&C Stl KO:058430	$34.06 Million
Singbao International Co Ltd TWO:6130	$34.05 Million
Atlas Engineered Products Ltd V:AEP	$34.05 Million
City Of London Investment Trust LSE:CTY	$34.03 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: 0.77x
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 3.32x to 0.77x 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	RM0.28	x
2007-12-31	RM0.10	RM0.28	x
2008-12-31	RM0.10	RM0.28	x
2009-12-31	RM0.12	RM0.28	x
2010-12-31	RM0.12	RM0.28	x
2011-12-31	RM0.13	RM0.28	x
2012-12-31	RM0.15	RM0.28	x
2013-12-31	RM0.18	RM0.28	x
2014-12-31	RM0.20	RM0.28	x
2015-12-31	RM0.25	RM0.28	x
2016-12-31	RM0.28	RM0.28	x
2017-12-31	RM0.30	RM0.28	x
2018-12-31	RM0.32	RM0.28	x
2019-12-31	RM0.34	RM0.28	x
2020-12-31	RM0.36	RM0.28	x
2021-12-31	RM0.38	RM0.28	x
2022-12-31	RM0.41	RM0.28	x
2023-12-31	RM0.43	RM0.28	x
2024-12-31	RM0.36	RM0.28	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: $780,194,000
Average return on equity (ROE) among peers: 20.11%

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	$34.08 Million
JCY International Bhd (5161)	$1.30 Billion	16.15%	0.39x	$184.87 Million
NexG Bhd (5216)	$260.39 Million	24.06%	0.82x	$258.42 Million

About Willowglen MSC Bhd

KLSE:0008 Malaysia Computer Hardware

Market Cap

$34.08 Million

RM135.73 Million MYR

Market Cap Rank

#23281 Global

#564 in Malaysia

Share Price

RM0.28

Change (1 day)

+0.00%

52-Week Range

RM0.26 - RM0.31

All Time High

RM0.69