Digistar Corporation Bhd (0029) - Net Assets
Based on the latest financial reports, Digistar Corporation Bhd (0029) has net assets worth RM55.59 Million MYR (≈ $13.96 Million USD) 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 ≈ $70.09 Million USD) and total liabilities (RM223.59 Million ≈ $56.14 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 Digistar Corporation Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Digistar Corporation Bhd total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 0029 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM55.59 Million ≈ $13.96 Million |
-1.09% |
| 2024-12-31 | RM56.20 Million ≈ $14.11 Million |
-10.00% |
| 2023-12-31 | RM62.45 Million ≈ $15.68 Million |
+9.92% |
| 2022-12-31 | RM56.81 Million ≈ $14.26 Million |
-7.51% |
| 2021-12-31 | RM61.42 Million ≈ $15.42 Million |
+8.32% |
| 2020-12-31 | RM56.70 Million ≈ $14.24 Million |
+2.90% |
| 2019-12-31 | RM55.11 Million ≈ $13.84 Million |
-2.76% |
| 2018-12-31 | RM56.67 Million ≈ $14.23 Million |
-28.27% |
| 2017-12-31 | RM79.00 Million ≈ $19.84 Million |
+23.00% |
| 2016-12-31 | RM64.23 Million ≈ $16.13 Million |
+25.15% |
| 2015-12-31 | RM51.32 Million ≈ $12.89 Million |
-25.20% |
| 2014-12-31 | RM68.61 Million ≈ $17.23 Million |
+0.74% |
| 2013-12-31 | RM68.10 Million ≈ $17.10 Million |
+18.66% |
| 2012-12-31 | RM57.39 Million ≈ $14.41 Million |
-0.88% |
| 2011-12-31 | RM57.90 Million ≈ $14.54 Million |
+94.95% |
| 2010-12-31 | RM29.70 Million ≈ $7.46 Million |
+11.06% |
| 2009-12-31 | RM26.74 Million ≈ $6.71 Million |
+2.19% |
| 2008-12-31 | RM26.17 Million ≈ $6.57 Million |
-2.84% |
| 2007-12-31 | RM26.94 Million ≈ $6.76 Million |
+0.83% |
| 2006-12-31 | RM26.71 Million ≈ $6.71 Million |
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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 |
|---|---|
|
Oriental Trimex Limited
NSE:ORIENTALTL
|
$5.52 Million |
|
Innovative Eyewear Inc.
NASDAQ:LUCY
|
$5.52 Million |
|
Emico Holdings Bhd
KLSE:9091
|
$5.52 Million |
|
Bumi Citra Permai Tbk
JK:BCIP
|
$5.53 Million |
|
Computer Forms (Malaysia) Bhd
KLSE:8044
|
$5.51 Million |
|
Saehwa IMC Co Ltd
KO:145210
|
$5.51 Million |
|
Electroarges S
RO:ELGS
|
$5.51 Million |
|
Epsilon Healthcare Ltd
AU:EPN
|
$5.51 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: 0.34x
- 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 0.09x to 0.34x 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: $3,413,432,694
- Average return on equity (ROE) among peers: 1.14%
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 | $5.51 Million |
| Key Alliance Group Bhd (0036) | $75.83 Million | -12.66% | 0.28x | $2.15 Million |
| MSCM Holdings Bhd (0041) | $18.78 Million | 18.74% | 0.47x | $14.11 Million |
| Asdion Bhd (0068) | $20.25 Million | -8.60% | 0.75x | $1.92 Million |
| EA Holdings Bhd (0154) | $129.54 Million | -24.36% | 0.07x | $8.10 Million |
| Sports Toto Berhad (1562) | $1.14 Billion | 19.71% | 2.44x | $446.60 Million |
| Batu Kawan Bhd (1899) | $8.66 Billion | 5.59% | 0.51x | $2.04 Billion |
| Kuala Lumpur Kepong Bhd (2445) | $16.14 Billion | 5.17% | 0.87x | $5.93 Billion |
| Hap Seng Consolidated Bhd (3034) | $2.58 Billion | 12.18% | 1.15x | $1.81 Billion |
| Berjaya Assets Bhd (3239) | $1.95 Billion | -5.53% | 0.63x | $189.48 Million |
About Digistar Corporation Bhd
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