NetX Holdings Bhd (0020) - Net Assets
Based on the latest financial reports, NetX Holdings Bhd (0020) has net assets worth RM76.55 Million MYR (≈ $19.22 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM111.41 Million ≈ $27.97 Million USD) and total liabilities (RM34.86 Million ≈ $8.75 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 0020 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM76.55 Million |
| % of Total Assets | 68.71% |
| Annual Growth Rate | 17.1% |
| 5-Year Change | -45.84% |
| 10-Year Change | N/A |
| Growth Volatility | 59.6 |
NetX Holdings Bhd - Net Assets Trend (2014–2024)
This chart illustrates how NetX Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore NetX Holdings Bhd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for NetX Holdings Bhd (2014–2024)
The table below shows the annual net assets of NetX Holdings Bhd from 2014 to 2024. For live valuation and market cap data, see market value of NetX Holdings Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM90.10 Million ≈ $22.62 Million |
-18.49% |
| 2023-12-31 | RM110.54 Million ≈ $27.75 Million |
-12.59% |
| 2022-12-31 | RM126.46 Million ≈ $31.75 Million |
-12.58% |
| 2021-12-31 | RM144.66 Million ≈ $36.32 Million |
-13.05% |
| 2020-12-31 | RM166.38 Million ≈ $41.77 Million |
+110.58% |
| 2019-12-31 | RM79.01 Million ≈ $19.84 Million |
-15.44% |
| 2017-12-31 | RM93.44 Million ≈ $23.46 Million |
+114.10% |
| 2016-12-31 | RM43.64 Million ≈ $10.96 Million |
+7.06% |
| 2015-12-31 | RM40.77 Million ≈ $10.23 Million |
+119.41% |
| 2014-12-31 | RM18.58 Million ≈ $4.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NetX Holdings 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 12192663000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM212.03 Million | 235.32% |
| Total Equity | RM90.10 Million | 100.00% |
NetX Holdings Bhd Competitors by Market Cap
The table below lists competitors of NetX Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cahayaputra Asa Keramik Tbk PT
JK:CAKK
|
$11.77 Million |
|
Biocardia Inc
NASDAQ:BCDA
|
$11.78 Million |
|
Urgent.ly Inc. Common Stock
NASDAQ:ULY
|
$11.79 Million |
|
Truscott Mining Corporation Ltd
AU:TRM
|
$11.79 Million |
|
Multi Ways Holdings Ltd
NYSE MKT:MWG
|
$11.77 Million |
|
EMC Public Company Limited
BK:EMC
|
$11.75 Million |
|
Advanced Packaging Tech (Malaysia)
KLSE:9148
|
$11.75 Million |
|
hGears AG
XETRA:HGEA
|
$11.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NetX Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 114,992,571 to 90,102,460, a change of -24,890,111 (-21.6%).
- Net loss of 28,029,560 reduced equity.
- Share repurchases of 5,000,000 reduced equity.
- New share issuances of 5,000,000 increased equity.
- Other factors increased equity by 3,139,449.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-28.03 Million | -31.11% |
| Share Repurchases | RM5.00 Million | -5.55% |
| Share Issuances | RM5.00 Million | +5.55% |
| Other Changes | RM3.14 Million | +3.48% |
| Total Change | RM- | -21.64% |
Book Value vs Market Value Analysis
This analysis compares NetX Holdings 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: 0.52x
- 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 0.04x to 0.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM1.27 | RM0.05 | x |
| 2016-12-31 | RM0.68 | RM0.05 | x |
| 2017-12-31 | RM0.68 | RM0.05 | x |
| 2019-12-31 | RM0.42 | RM0.05 | x |
| 2020-12-31 | RM0.20 | RM0.05 | x |
| 2021-12-31 | RM0.17 | RM0.05 | x |
| 2022-12-31 | RM0.15 | RM0.05 | x |
| 2023-12-31 | RM0.12 | RM0.05 | x |
| 2024-12-31 | RM0.10 | RM0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NetX Holdings 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): -31.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -227.01%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.44x
- Recent ROE (-31.11%) is below the historical average (-21.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -64.13% | -332.79% | 0.15x | 1.28x | RM-13.77 Million |
| 2015 | -20.40% | -85.02% | 0.21x | 1.12x | RM-12.39 Million |
| 2016 | 2.47% | 5.59% | 0.41x | 1.08x | RM-3.29 Million |
| 2017 | -10.99% | -58.44% | 0.18x | 1.03x | RM-19.61 Million |
| 2019 | -38.79% | -306.64% | 0.12x | 1.01x | RM-38.54 Million |
| 2020 | -9.54% | -106.53% | 0.09x | 1.01x | RM-32.51 Million |
| 2021 | -14.37% | -177.37% | 0.06x | 1.25x | RM-35.26 Million |
| 2022 | -12.36% | -114.48% | 0.08x | 1.27x | RM-28.28 Million |
| 2023 | -11.76% | -80.35% | 0.11x | 1.32x | RM-25.02 Million |
| 2024 | -31.11% | -227.01% | 0.09x | 1.44x | RM-37.04 Million |
Industry Comparison
This section compares NetX Holdings Bhd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $54,616,071
- Average return on equity (ROE) among peers: -4.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NetX Holdings Bhd (0020) | RM76.55 Million | -64.13% | 0.46x | $11.77 Million |
| Metronic Global Bhd (0043) | $38.47 Million | -67.31% | 2.49x | $1.92 Million |
| NCT Alliance Bhd (0056) | $152.07 Million | -6.39% | 0.35x | $308.04 Million |
| Vortex Consolidated Bhd (0060) | $71.20 Million | 1.08% | 0.41x | $72.28 Million |
| Lyc Healthcare Bhd (0075) | $9.20 Million | -21.64% | 1.46x | $2.79 Million |
| Aldrich Resources Bhd (0079) | $7.73 Million | -15.06% | 0.17x | $5.18 Million |
| Rexit Bhd (0106) | $36.05 Million | 21.79% | 0.08x | $24.14 Million |
| Privasia Technology Bhd (0123) | $80.44 Million | 0.14% | 0.68x | $13.57 Million |
| Microlink Solutions Bhd (0126) | $44.09 Million | 34.66% | 0.21x | $32.31 Million |
| Diversified Gateway Solutions Bhd (0131) | $52.29 Million | 10.35% | 1.63x | $15.91 Million |
About NetX Holdings Bhd
NetX Holdings Berhad, an investment holding company, engages in the research and development of software in Malaysia. The company operates through Electronic Payment Services and Money Services, Non-electronic Payment Services, Money Lending Services, GEM, Food and beverage, and Others segments. It provides payment software licensing, and mobile payment solutions and support services, including i… Read more