RGB International Bhd

KLSE:0037 Malaysia Gambling
Market Cap
$76.97 Million
RM346.69 Million MYR
Market Cap Rank
#21810 Global
#230 in Malaysia
Share Price
RM0.23
Change (1 day)
-2.17%
52-Week Range
RM0.20 - RM0.40
All Time High
RM0.49
Categories
Companies in Malaysia Gambling
About

RGB International Bhd., an investment holding company, engages in the manufacturing, marketing, trading, and sale of electronic gaming machines (EGM) and equipment under the RGBGames brand. It operates through four segments: Sales and Marketing, Technical Support and Management, Engineering Services, and Others. The company offers EGM, casino equipment, gaming-related parts and components, amusem… Read more

RGB International Bhd (0037) - Net Assets

Latest net assets as of September 2025: RM283.21 Million MYR

Based on the latest financial reports, RGB International Bhd (0037) has net assets worth RM283.21 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 (RM624.78 Million) and total liabilities (RM341.57 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 RM283.21 Million
% of Total Assets 45.33%
Annual Growth Rate 4.29%
5-Year Change 19.91%
10-Year Change 50.39%
Growth Volatility 22.94

RGB International Bhd - Net Assets Trend (2006–2024)

This chart illustrates how RGB International 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 RGB International Bhd (2006–2024)

The table below shows the annual net assets of RGB International Bhd from 2006 to 2024.

Year Net Assets Change
2024-12-31 RM295.33 Million +9.13%
2023-12-31 RM270.62 Million +4.56%
2022-12-31 RM258.81 Million +6.30%
2021-12-31 RM243.47 Million -1.14%
2020-12-31 RM246.29 Million -13.14%
2019-12-31 RM283.56 Million +10.86%
2018-12-31 RM255.79 Million +10.78%
2017-12-31 RM230.89 Million +2.17%
2016-12-31 RM225.99 Million +15.08%
2015-12-31 RM196.38 Million +63.11%
2014-12-31 RM120.40 Million +34.44%
2013-12-31 RM89.56 Million +30.70%
2012-12-31 RM68.52 Million +6.07%
2011-12-31 RM64.60 Million -30.45%
2010-12-31 RM92.88 Million -34.81%
2009-12-31 RM142.47 Million -22.28%
2008-12-31 RM183.31 Million +4.15%
2007-12-31 RM176.01 Million +26.90%
2006-12-31 RM138.70 Million --

Equity Component Analysis

This analysis shows how different components contribute to RGB International 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 5.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings RM87.89 Million 31.58%
Common Stock RM158.49 Million 56.94%
Other Components RM31.97 Million 11.48%
Total Equity RM278.35 Million 100.00%

RGB International Bhd Competitors by Market Cap

The table below lists competitors of RGB International Bhd ranked by their market capitalization.

Company Market Cap
INSTABANK ASA NK 1
F:93V
 		$44.17 Million
Song Shang Electronics Co Ltd
TWO:6156
 		$44.17 Million
DIGITAL CHOSUN Inc
KQ:033130
 		$44.18 Million
Sungei Bagan Rubber Malaya
KLSE:2569
 		$44.19 Million
Highlands Bankshares Inc
PINK:HBSI
 		$44.16 Million
Eastern Water Resources Development and Management Public Company Limited
BK:EASTW
 		$44.15 Million
Millennium Grp Corp (Asia)
BK:MGC
 		$44.14 Million
Amarc Resources Ltd
OTCQB:AXREF
 		$44.13 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 252,336,016 to 278,346,000, a change of 26,009,984 (10.3%).
  • Net income of 92,075,000 contributed positively to equity growth.
  • Dividend payments of 67,797,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM92.08 Million +33.08%
Dividends Paid RM67.80 Million -24.36%
Other Changes RM1.73 Million +0.62%
Total Change RM- 10.31%

Book Value vs Market Value Analysis

This analysis compares RGB International 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: 1.25x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 1.59x to 1.25x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 RM0.14 RM0.23 x
2007-12-31 RM0.17 RM0.23 x
2008-12-31 RM0.18 RM0.23 x
2009-12-31 RM0.13 RM0.23 x
2010-12-31 RM0.07 RM0.23 x
2011-12-31 RM0.04 RM0.23 x
2012-12-31 RM0.05 RM0.23 x
2013-12-31 RM0.06 RM0.23 x
2014-12-31 RM0.08 RM0.23 x
2015-12-31 RM0.12 RM0.23 x
2016-12-31 RM0.13 RM0.23 x
2017-12-31 RM0.14 RM0.23 x
2018-12-31 RM0.15 RM0.23 x
2019-12-31 RM0.17 RM0.23 x
2020-12-31 RM0.15 RM0.23 x
2021-12-31 RM0.14 RM0.23 x
2022-12-31 RM0.15 RM0.23 x
2023-12-31 RM0.16 RM0.23 x
2024-12-31 RM0.18 RM0.23 x

Capital Efficiency Dashboard

This dashboard shows how efficiently RGB International 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): 33.08%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.87%
  • • Asset Turnover: 1.14x
  • • Equity Multiplier: 2.45x
  • Recent ROE (33.08%) is above the historical average (-4.88%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 45.38% 29.22% 0.76x 2.05x RM49.07 Million
2007 43.53% 27.72% 0.69x 2.29x RM59.01 Million
2008 -3.22% -2.52% 0.56x 2.30x RM-23.59 Million
2009 -88.49% -72.89% 0.38x 3.16x RM-138.08 Million
2010 -118.55% -64.16% 0.52x 3.58x RM-110.35 Million
2011 -105.75% -52.14% 0.47x 4.29x RM-67.46 Million
2012 11.29% 3.58% 0.81x 3.88x RM767.66K
2013 8.88% 4.77% 0.64x 2.90x RM-839.27K
2014 17.69% 8.63% 0.80x 2.56x RM8.06 Million
2015 11.90% 8.95% 0.77x 1.72x RM3.34 Million
2016 12.22% 9.80% 0.85x 1.46x RM4.51 Million
2017 14.41% 12.00% 0.65x 1.84x RM9.27 Million
2018 14.98% 9.27% 0.88x 1.83x RM11.69 Million
2019 15.16% 11.33% 0.70x 1.91x RM13.53 Million
2020 -12.73% -15.04% 0.47x 1.79x RM-51.32 Million
2021 -4.63% -4.79% 0.56x 1.72x RM-32.53 Million
2022 1.96% 1.71% 0.59x 1.96x RM-19.07 Million
2023 10.07% 3.63% 1.60x 1.73x RM164.23K
2024 33.08% 11.87% 1.14x 2.45x RM64.24 Million

Industry Comparison

This section compares RGB International Bhd's net assets metrics with peer companies in the Gambling industry.

Industry Context

  • Industry: Gambling
  • Average net assets among peers: $1,442,446,500
  • Average return on equity (ROE) among peers: 2.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
RGB International Bhd (0037) RM283.21 Million 45.38% 1.21x $44.17 Million
Olympia Industries Bhd (3018) $364.53 Million -3.07% 0.60x $4.12 Million
Magnum Bhd (3859) $2.52 Billion 8.19% 0.40x $177.41 Million