XOX Technology Bhd (0017) - Net Assets
Based on the latest financial reports, XOX Technology Bhd (0017) has net assets worth RM55.32 Million MYR (≈ $13.89 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM95.64 Million ≈ $24.01 Million USD) and total liabilities (RM40.33 Million ≈ $10.13 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 XOX Technology Bhd (0017) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM55.32 Million |
| % of Total Assets | 57.84% |
| Annual Growth Rate | 3.21% |
| 5-Year Change | 38.5% |
| 10-Year Change | N/A |
| Growth Volatility | 59.82 |
XOX Technology Bhd - Net Assets Trend (2016–2025)
This chart illustrates how XOX Technology Bhd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of XOX Technology Bhd for the complete picture of this company's asset base.
Annual Net Assets for XOX Technology Bhd (2016–2025)
The table below shows the annual net assets of XOX Technology Bhd from 2016 to 2025. For live valuation and market cap data, see XOX Technology Bhd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM28.92 Million ≈ $7.26 Million |
+16.40% |
| 2024-06-30 | RM24.85 Million ≈ $6.24 Million |
+64.22% |
| 2023-06-30 | RM15.13 Million ≈ $3.80 Million |
-29.05% |
| 2022-06-30 | RM21.33 Million ≈ $5.35 Million |
+2.13% |
| 2021-06-30 | RM20.88 Million ≈ $5.24 Million |
-1.70% |
| 2020-06-30 | RM21.24 Million ≈ $5.33 Million |
-35.36% |
| 2019-06-30 | RM32.86 Million ≈ $8.25 Million |
-39.68% |
| 2017-06-30 | RM54.49 Million ≈ $13.68 Million |
+150.28% |
| 2016-06-30 | RM21.77 Million ≈ $5.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to XOX Technology 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 1577092000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM12.43 Million | 42.99% |
| Common Stock | RM17.05 Million | 58.97% |
| Total Equity | RM28.92 Million | 100.00% |
XOX Technology Bhd Competitors by Market Cap
The table below lists competitors of XOX Technology Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Culpeo Minerals Ltd
AU:CPO
|
$6.74 Million |
|
Rochester Resources Ltd
V:RCT
|
$6.74 Million |
|
Pentanet Ltd
AU:5GG
|
$6.74 Million |
|
Capelli SA
PA:ALCAP
|
$6.75 Million |
|
International Graphite Ltd
AU:IG6
|
$6.73 Million |
|
Tenon Medical Inc
NASDAQ:TNON
|
$6.73 Million |
|
Jewett-Cameron Trading Company Ltd.
NASDAQ:JCTC
|
$6.72 Million |
|
Metal Hawk Ltd
AU:MHK
|
$6.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XOX Technology Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,845,440 to 28,920,160, a change of 4,074,720 (16.4%).
- Net income of 8,602,570 contributed positively to equity growth.
- Other factors decreased equity by 4,527,850.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM8.60 Million | +29.75% |
| Other Changes | RM-4.53 Million | -15.66% |
| Total Change | RM- | 16.40% |
Book Value vs Market Value Analysis
This analysis compares XOX Technology 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: 0.93x
- 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 increased from 0.27x to 0.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM0.11 | RM0.03 | x |
| 2017-06-30 | RM0.09 | RM0.03 | x |
| 2019-06-30 | RM0.06 | RM0.03 | x |
| 2020-06-30 | RM0.03 | RM0.03 | x |
| 2021-06-30 | RM0.03 | RM0.03 | x |
| 2022-06-30 | RM0.02 | RM0.03 | x |
| 2023-06-30 | RM0.02 | RM0.03 | x |
| 2024-06-30 | RM0.03 | RM0.03 | x |
| 2025-06-30 | RM0.03 | RM0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XOX Technology 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): 29.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.71%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 3.41x
- Recent ROE (29.75%) is above the historical average (-15.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -27.23% | -14.62% | 0.86x | 2.17x | RM-8.10 Million |
| 2017 | -12.79% | -18.34% | 0.49x | 1.42x | RM-12.42 Million |
| 2019 | -47.68% | -28.78% | 1.00x | 1.66x | RM-18.96 Million |
| 2020 | -47.59% | -27.13% | 0.78x | 2.25x | RM-12.23 Million |
| 2021 | -37.19% | -13.43% | 1.12x | 2.47x | RM-9.85 Million |
| 2022 | -26.59% | -8.26% | 1.19x | 2.70x | RM-7.80 Million |
| 2023 | -0.58% | -0.10% | 1.70x | 3.40x | RM-1.60 Million |
| 2024 | 34.33% | 3.90% | 1.97x | 4.46x | RM6.04 Million |
| 2025 | 29.75% | 5.71% | 1.53x | 3.41x | RM5.71 Million |
Industry Comparison
This section compares XOX Technology Bhd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,479,596,962
- Average return on equity (ROE) among peers: -13.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XOX Technology Bhd (0017) | RM55.32 Million | -27.23% | 0.73x | $6.73 Million |
| Redtone International Bhd (0032) | $74.14 Million | 0.00% | 0.50x | $65.01 Million |
| Green Packet Bhd (0082) | $161.31 Million | -96.53% | 0.91x | $16.28 Million |
| mTouche Technology Bhd (0092) | $146.50 Million | -7.45% | 0.03x | $5.82 Million |
| M N C Wireless Bhd (0103) | $78.09 Million | -8.51% | 0.12x | $2.39 Million |
| XOX Bhd (0165) | $233.64 Million | -38.94% | 0.48x | $8.62 Million |
| OCK Group Bhd (0172) | $699.97 Million | 3.66% | 1.84x | $102.76 Million |
| Binasat Communications Bhd (0195) | $120.27 Million | 1.48% | 0.34x | $11.38 Million |
| Telekom Malaysia Bhd (4863) | $9.32 Billion | 20.06% | 1.57x | $7.21 Billion |
| TIME Dotcom Bhd (5031) | $2.48 Billion | 7.81% | 0.15x | $2.80 Billion |
About XOX Technology Bhd
Nova Technology Services Berhad provides a range of mobile solutions in Malaysia, Pakistan, the United Arab Emirates, the British Virgin Islands, and internationally. The company engages in research and development, development of proprietary software, mobile solutions, and related hardware and equipment; and mobile messaging and data services, including SMS, MMS, and WAP to retail, manufacturing… Read more