Parlo Bhd
Parlo Berhad, an investment holding company, provides travel and ticketing agency services for airline companies in Malaysia. The company operates through four segments: Travel and Tours; Trading; Investment Holding; and Others. It offers a range of travel products and services for outbound and inbound leisure travel. The company also provides thematic tour; corporate business and leisure travel … Read more
Parlo Bhd (0022) - Net Assets
Latest net assets as of June 2025: RM17.20 Million MYR
Based on the latest financial reports, Parlo Bhd (0022) has net assets worth RM17.20 Million MYR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM25.61 Million) and total liabilities (RM8.42 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 | RM17.20 Million |
| % of Total Assets | 67.14% |
| Annual Growth Rate | N/A |
| 5-Year Change | 41.2% |
| 10-Year Change | N/A |
| Growth Volatility | 114.37 |
Parlo Bhd - Net Assets Trend (2015–2024)
This chart illustrates how Parlo 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 Parlo Bhd (2015–2024)
The table below shows the annual net assets of Parlo Bhd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM24.58 Million | -6.41% |
| 2021-12-31 | RM26.26 Million | +238.74% |
| 2020-12-31 | RM7.75 Million | -48.38% |
| 2019-12-31 | RM15.02 Million | -13.72% |
| 2018-12-31 | RM17.41 Million | +330.64% |
| 2017-12-31 | RM-7.55 Million | +18.59% |
| 2016-12-31 | RM-9.27 Million | -24.31% |
| 2015-12-31 | RM-7.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Parlo 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 3573899000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM81.72 Million | 332.48% |
| Total Equity | RM24.58 Million | 100.00% |
Parlo Bhd Competitors by Market Cap
The table below lists competitors of Parlo Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oakajee Corporation Ltd
AU:OKJ
|
$1.21 Million |
|
Canuc Resources Corporation
OTCQB:CNUCF
|
$1.21 Million |
|
ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft
F:HVB
|
$1.21 Million |
|
MLRN Projects and Trade Ltd
TA:MLRN
|
$1.21 Million |
|
ARC Funds Ltd
AU:ARC
|
$1.21 Million |
|
AFMA ASSUREUR CONSEIL
BC:AFMA
|
$1.21 Million |
|
Unique Mining Services Public Company Limited
BK:UMS
|
$1.21 Million |
|
DevvStream Corp. Common Stock
NASDAQ:DEVS
|
$1.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parlo Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2024, total equity changed from 26,263,790 to 24,579,780, a change of -1,684,010 (-6.4%).
- Net loss of 8,446,940 reduced equity.
- Other factors increased equity by 6,762,930.
Equity Change Factors (2021 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-8.45 Million | -34.37% |
| Other Changes | RM6.76 Million | +27.51% |
| Total Change | RM- | -6.41% |
Book Value vs Market Value Analysis
This analysis compares Parlo 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: 0.73x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM-0.75 | RM0.03 | x |
| 2016-12-31 | RM-0.93 | RM0.03 | x |
| 2017-12-31 | RM-0.75 | RM0.03 | x |
| 2018-12-31 | RM0.05 | RM0.03 | x |
| 2019-12-31 | RM0.04 | RM0.03 | x |
| 2020-12-31 | RM0.02 | RM0.03 | x |
| 2021-12-31 | RM0.06 | RM0.03 | x |
| 2024-12-31 | RM0.04 | RM0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parlo 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): -34.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.51%
- • Asset Turnover: 2.43x
- • Equity Multiplier: 1.49x
- Recent ROE (-34.37%) is above the historical average (-35.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -41061.90% | 0.01x | 0.00x | RM-116.51K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | RM-679.74K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | RM2.27 Million |
| 2018 | -68.81% | -7.41% | 4.72x | 1.97x | RM-13.72 Million |
| 2019 | -9.32% | -0.86% | 5.25x | 2.06x | RM-2.90 Million |
| 2020 | -122.35% | -59.28% | 0.78x | 2.63x | RM-10.26 Million |
| 2021 | -47.19% | -10.03% | 2.77x | 1.70x | RM-15.02 Million |
| 2024 | -34.37% | -9.51% | 2.43x | 1.49x | RM-10.90 Million |
Industry Comparison
This section compares Parlo Bhd's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $432,856,000
- Average return on equity (ROE) among peers: -0.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parlo Bhd (0022) | RM17.20 Million | 0.00% | 0.49x | $1.21 Million |
| Advance Synergy Bhd (1481) | $432.86 Million | -0.15% | 0.62x | $16.38 Million |