Digistar Corporation Bhd

KLSE:0029 Malaysia Conglomerates
Market Cap
$5.57 Million
RM25.10 Million MYR
Market Cap Rank
#34479 Global
#894 in Malaysia
Share Price
RM0.04
Change (1 day)
-11.11%
52-Week Range
RM0.03 - RM0.06
All Time High
RM0.65
Categories
Companies in Malaysia Conglomerates
About

Digistar Corporation Berhad, an investment holding company, provides system integration services in Malaysia. The company operates through technology, media, infrastructure, and property-related operations segments. The technology segment is involved in design, supply, installation and integration of information technology infrastructure, tele-conferencing, local area networks, interactive media … Read more

Digistar Corporation Bhd (0029) - Net Assets

Latest net assets as of September 2025: RM55.59 Million MYR

Based on the latest financial reports, Digistar Corporation Bhd (0029) has net assets worth RM55.59 Million MYR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM279.18 Million) and total liabilities (RM223.59 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 RM55.59 Million
% of Total Assets 19.91%
Annual Growth Rate 3.93%
5-Year Change -9.49%
10-Year Change -13.45%
Growth Volatility 24.8

Digistar Corporation Bhd - Net Assets Trend (2006–2025)

This chart illustrates how Digistar Corporation 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 Digistar Corporation Bhd (2006–2025)

The table below shows the annual net assets of Digistar Corporation Bhd from 2006 to 2025.

Year Net Assets Change
2025-12-31 RM55.59 Million -1.09%
2024-12-31 RM56.20 Million -10.00%
2023-12-31 RM62.45 Million +9.92%
2022-12-31 RM56.81 Million -7.51%
2021-12-31 RM61.42 Million +8.32%
2020-12-31 RM56.70 Million +2.90%
2019-12-31 RM55.11 Million -2.76%
2018-12-31 RM56.67 Million -28.27%
2017-12-31 RM79.00 Million +23.00%
2016-12-31 RM64.23 Million +25.15%
2015-12-31 RM51.32 Million -25.20%
2014-12-31 RM68.61 Million +0.74%
2013-12-31 RM68.10 Million +18.66%
2012-12-31 RM57.39 Million -0.88%
2011-12-31 RM57.90 Million +94.95%
2010-12-31 RM29.70 Million +11.06%
2009-12-31 RM26.74 Million +2.19%
2008-12-31 RM26.17 Million -2.84%
2007-12-31 RM26.94 Million +0.83%
2006-12-31 RM26.71 Million --

Equity Component Analysis

This analysis shows how different components contribute to Digistar 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 211.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock RM68.40 Million 113.06%
Total Equity RM60.50 Million 100.00%

Digistar Corporation Bhd Competitors by Market Cap

The table below lists competitors of Digistar Corporation Bhd ranked by their market capitalization.

Company Market Cap
CopperEx Resources Corporation
V:CUEX
 		$1.85 Million
Amfin Financial Corp
PINK:AFNL
 		$1.85 Million
Highway 50 Gold Corp
PINK:HGGCF
 		$1.85 Million
First High-School Education Group Co Ltd
PINK:FHSEY
 		$1.86 Million
Pila Pharma AB
ST:PILA
 		$1.85 Million
DONTNOD Entertainment SA
PA:ALDNE
 		$1.85 Million
Interpace Biosciences Inc
OTCQX:IDXG
 		$1.85 Million
Tactical Resources Corp.
PINK:USREF
 		$1.85 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Digistar Corporation Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 61,450,179 to 60,497,000, a change of -953,179 (-1.6%).
  • Net loss of 2,340,000 reduced equity.
  • Share repurchases of 6,445,000 reduced equity.
  • New share issuances of 6,445,000 increased equity.
  • Other factors increased equity by 1,386,821.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM-2.34 Million -3.87%
Share Repurchases RM6.45 Million -10.65%
Share Issuances RM6.45 Million +10.65%
Other Changes RM1.39 Million +2.29%
Total Change RM- -1.55%

Book Value vs Market Value Analysis

This analysis compares Digistar 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: 0.39x
  • 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 0.10x to 0.39x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 RM0.40 RM0.04 x
2007-12-31 RM0.39 RM0.04 x
2008-12-31 RM0.37 RM0.04 x
2009-12-31 RM0.39 RM0.04 x
2010-12-31 RM0.42 RM0.04 x
2011-12-31 RM0.74 RM0.04 x
2012-12-31 RM0.52 RM0.04 x
2013-12-31 RM0.53 RM0.04 x
2014-12-31 RM0.56 RM0.04 x
2015-12-31 RM0.39 RM0.04 x
2016-12-31 RM0.49 RM0.04 x
2017-12-31 RM0.49 RM0.04 x
2018-12-31 RM0.28 RM0.04 x
2019-12-31 RM0.27 RM0.04 x
2020-12-31 RM0.22 RM0.04 x
2021-12-31 RM0.23 RM0.04 x
2022-12-31 RM0.07 RM0.04 x
2023-12-31 RM0.16 RM0.04 x
2024-12-31 RM0.13 RM0.04 x
2025-12-31 RM0.10 RM0.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Digistar 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): -3.87%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -4.93%
  • • Asset Turnover: 0.17x
  • • Equity Multiplier: 4.61x
  • Recent ROE (-3.87%) is below the historical average (-2.88%), 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 -2.96% -2.79% 0.77x 1.39x RM-3.46 Million
2007 -7.33% -5.16% 0.99x 1.43x RM-4.67 Million
2008 2.28% 1.15% 1.25x 1.59x RM-2.01 Million
2009 2.36% 1.41% 0.95x 1.76x RM-2.04 Million
2010 14.46% 5.86% 1.37x 1.80x RM1.32 Million
2011 33.74% 19.96% 1.32x 1.28x RM13.74 Million
2012 10.37% 8.56% 1.02x 1.19x RM214.19K
2013 -16.48% -22.42% 0.14x 5.18x RM-17.40 Million
2014 -7.56% -5.15% 0.30x 4.93x RM-13.11 Million
2015 -25.26% -12.51% 0.35x 5.84x RM-23.39 Million
2016 15.13% 7.78% 0.39x 4.92x RM4.41 Million
2017 -1.75% -2.65% 0.16x 4.13x RM-11.29 Million
2018 -28.28% -31.41% 0.15x 6.19x RM-24.35 Million
2019 -4.70% -5.02% 0.16x 6.04x RM-8.91 Million
2020 -4.55% -10.47% 0.07x 5.87x RM-8.80 Million
2021 -10.07% -17.02% 0.12x 5.10x RM-13.28 Million
2022 -8.61% -10.51% 0.15x 5.29x RM-11.34 Million
2023 -3.59% -5.10% 0.15x 4.61x RM-9.18 Million
2024 -10.90% -14.55% 0.16x 4.72x RM-12.85 Million
2025 -3.87% -4.93% 0.17x 4.61x RM-8.39 Million

Industry Comparison

This section compares Digistar Corporation Bhd's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

  • Industry: Conglomerates
  • Average net assets among peers: $2,895,189,327
  • Average return on equity (ROE) among peers: -6.74%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Digistar Corporation Bhd (0029) RM55.59 Million -2.96% 4.02x $1.85 Million
Key Alliance Group Bhd (0036) $41.31 Million -10.37% 0.81x $1.39 Million
MSCM Holdings Bhd (0041) $30.95 Million 18.15% 0.52x $1.48 Million
Asdion Bhd (0068) $11.85 Million -65.79% 0.48x $1.33 Million
EA Holdings Bhd (0154) $121.62 Million -44.30% 0.11x $3.07 Million
Sports Toto Berhad (1562) $1.25 Billion 18.98% 2.20x $173.30 Million
Batu Kawan Bhd (1899) $8.87 Billion 5.88% 0.60x $248.59 Million
Hap Seng Consolidated Bhd (3034) $6.42 Billion 17.20% 0.90x $288.24 Million
Berjaya Assets Bhd (3239) $2.01 Billion -6.15% 0.63x $25.63 Million
IJM Corporation Bhd (3336) $7.30 Billion 5.77% 1.07x $1.78 Billion