IRIS Corporation Bhd Net Assets
IRIS Corporation Bhd net assets. Based on the latest financial reports, IRIS Corporation Bhd (0010) has net assets worth RM378.20 Million MYR (≈ $94.95 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM590.09 Million ≈ $148.15 Million USD) and total liabilities (RM211.90 Million ≈ $53.20 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. See IRIS Corporation Bhd balance sheet quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM378.20 Million |
| % of Total Assets | 64.09% |
| Annual Growth Rate | 2.65% |
| 5-Year Change | 16.77% |
| 10-Year Change | 47.28% |
| Growth Volatility | 23.35 |
Net Assets of IRIS Corporation Bhd (2006–2025)
Net assets of IRIS Corporation Bhd from 2006 to 2025. This chart illustrates how IRIS Corporation Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 0010 net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for IRIS Corporation Bhd (2006–2025)
The table below shows the annual net assets of IRIS Corporation Bhd from 2006 to 2025. For live market cap and overall valuation, see IRIS Corporation Bhd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM377.76 Million ≈ $94.84 Million |
-2.03% |
| 2024-12-31 | RM385.59 Million ≈ $96.81 Million |
+2.13% |
| 2023-12-31 | RM377.55 Million ≈ $94.79 Million |
+9.35% |
| 2022-12-31 | RM345.28 Million ≈ $86.69 Million |
+6.73% |
| 2021-12-31 | RM323.50 Million ≈ $81.22 Million |
+9.65% |
| 2020-12-31 | RM295.03 Million ≈ $74.07 Million |
+11.20% |
| 2019-12-31 | RM265.31 Million ≈ $66.61 Million |
+6.13% |
| 2018-12-31 | RM249.98 Million ≈ $62.76 Million |
+63.00% |
| 2017-12-31 | RM153.37 Million ≈ $38.51 Million |
-40.21% |
| 2016-12-31 | RM256.50 Million ≈ $64.40 Million |
-52.31% |
| 2015-12-31 | RM537.84 Million ≈ $135.03 Million |
-5.08% |
| 2014-12-31 | RM566.62 Million ≈ $142.26 Million |
-6.67% |
| 2013-12-31 | RM607.12 Million ≈ $152.43 Million |
+32.79% |
| 2012-12-31 | RM457.20 Million ≈ $114.79 Million |
+13.82% |
| 2011-12-31 | RM401.68 Million ≈ $100.85 Million |
+13.07% |
| 2010-12-31 | RM355.24 Million ≈ $89.19 Million |
+12.37% |
| 2009-12-31 | RM316.13 Million ≈ $79.37 Million |
+4.85% |
| 2008-12-31 | RM301.51 Million ≈ $75.70 Million |
+6.54% |
| 2007-12-31 | RM283.01 Million ≈ $71.06 Million |
+23.09% |
| 2006-12-31 | RM229.93 Million ≈ $57.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to IRIS Corporation 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 decreased by 4166500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
IRIS Corporation Bhd Net Assets Breakdown (December 2025)
IRIS Corporation Bhd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM393.51 Million | 103.69% |
| Other Comprehensive Income | RM-152.00K | -0.04% |
| Other Components | RM27.81 Million | 7.33% |
| Total Equity | RM379.50 Million | 100.00% |
IRIS Corporation Bhd Competitors by Market Cap
The table below lists competitors of IRIS Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DESWELL INDS INC. DL-01
F:DW2
|
$43.03 Million |
|
Rigolleau SA
BA:RIGO
|
$43.04 Million |
|
Heritage Global Inc
NASDAQ:HGBL
|
$43.08 Million |
|
Samho Dev
KO:010960
|
$43.09 Million |
|
JSS Real Estate SOCIMI SA
MC:YJSS
|
$43.00 Million |
|
Schwälbchen Molkerei Jakob Berz AG
F:SMB
|
$43.00 Million |
|
ZENTEK LTD.
F:ZAY0
|
$43.00 Million |
|
CanAlaska Uranium Ltd
V:CVV
|
$42.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IRIS Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 387,299,000 to 379,501,000, a change of -7,798,000 (-2.0%).
- Net loss of 3,618,000 reduced equity.
- Dividend payments of 4,078,999 reduced retained earnings.
- Other comprehensive income decreased equity by 28,891,000.
- Other factors increased equity by 28,789,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-3.62 Million | -0.95% |
| Dividends Paid | RM4.08 Million | -1.07% |
| Other Comprehensive Income | RM-28.89 Million | -7.61% |
| Other Changes | RM28.79 Million | +7.59% |
| Total Change | RM- | -2.01% |
Book Value vs Market Value Analysis
This analysis compares IRIS Corporation 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: 0.45x
- 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 1.12x to 0.45x 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 | RM0.19 | RM0.21 | x |
| 2007-12-31 | RM0.20 | RM0.21 | x |
| 2008-12-31 | RM0.20 | RM0.21 | x |
| 2009-12-31 | RM0.22 | RM0.21 | x |
| 2010-12-31 | RM0.24 | RM0.21 | x |
| 2011-12-31 | RM0.26 | RM0.21 | x |
| 2012-12-31 | RM0.26 | RM0.21 | x |
| 2013-12-31 | RM0.29 | RM0.21 | x |
| 2014-12-31 | RM0.27 | RM0.21 | x |
| 2015-12-31 | RM0.26 | RM0.21 | x |
| 2016-12-31 | RM0.13 | RM0.21 | x |
| 2017-12-31 | RM0.08 | RM0.21 | x |
| 2018-12-31 | RM0.10 | RM0.21 | x |
| 2019-12-31 | RM0.10 | RM0.21 | x |
| 2020-12-31 | RM0.10 | RM0.21 | x |
| 2021-12-31 | RM0.10 | RM0.21 | x |
| 2022-12-31 | RM0.43 | RM0.21 | x |
| 2023-12-31 | RM0.47 | RM0.21 | x |
| 2024-12-31 | RM0.47 | RM0.21 | x |
| 2025-12-31 | RM0.47 | RM0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IRIS Corporation 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): -0.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.16%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.56x
- Recent ROE (-0.95%) is above the historical average (-4.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 2.07% | 2.03% | 0.43x | 2.36x | RM-18.22 Million |
| 2007 | 2.82% | 3.43% | 0.40x | 2.03x | RM-19.19 Million |
| 2008 | 3.84% | 3.74% | 0.49x | 2.10x | RM-17.15 Million |
| 2009 | 5.05% | 4.70% | 0.59x | 1.81x | RM-15.26 Million |
| 2010 | 8.09% | 7.66% | 0.53x | 2.00x | RM-6.62 Million |
| 2011 | 10.84% | 9.02% | 0.62x | 1.95x | RM3.39 Million |
| 2012 | 5.06% | 3.92% | 0.49x | 2.62x | RM-20.55 Million |
| 2013 | 4.23% | 4.06% | 0.44x | 2.37x | RM-31.73 Million |
| 2014 | -3.82% | -3.70% | 0.43x | 2.42x | RM-75.58 Million |
| 2015 | 1.10% | 1.27% | 0.44x | 1.96x | RM-48.95 Million |
| 2016 | -101.38% | -66.75% | 0.57x | 2.66x | RM-320.96 Million |
| 2017 | -60.51% | -35.04% | 0.61x | 2.84x | RM-136.65 Million |
| 2018 | 14.04% | 16.69% | 0.44x | 1.89x | RM11.00 Million |
| 2019 | 4.79% | 5.97% | 0.47x | 1.71x | RM-14.90 Million |
| 2020 | -3.47% | -10.34% | 0.23x | 1.47x | RM-42.80 Million |
| 2021 | 1.05% | 1.62% | 0.41x | 1.56x | RM-29.12 Million |
| 2022 | 6.31% | 6.28% | 0.66x | 1.52x | RM-12.81 Million |
| 2023 | 8.50% | 8.69% | 0.58x | 1.67x | RM-5.69 Million |
| 2024 | 8.33% | 8.69% | 0.62x | 1.56x | RM-6.48 Million |
| 2025 | -0.95% | -2.16% | 0.28x | 1.56x | RM-41.57 Million |
Industry Comparison
This section compares IRIS Corporation Bhd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $725,026,000
- Average return on equity (ROE) among peers: -5.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IRIS Corporation Bhd (0010) | RM378.20 Million | 2.07% | 0.56x | $43.01 Million |
| Asia File Corporation Bhd (7129) | $725.03 Million | -5.97% | 0.07x | $61.80 Million |
About IRIS Corporation Bhd
Iris Group Berhad provides technology consulting solutions in Malaysia, Asia, Oceania, Africa, and North America. The company operates through Trusted identification division, and Other divisions segments. It offers e-passports, e-identification cards, payment, transportation and other related trusted identification devices, equipment and services, as well as consulting services. The company is a… Read more