RGB International Bhd (0037) - Net Assets

Latest as of December 2025: RM275.86 Million MYR ≈ $69.26 Million USD

Based on the latest financial reports, RGB International Bhd (0037) has net assets worth RM275.86 Million MYR (≈ $69.26 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM708.76 Million ≈ $177.95 Million USD) and total liabilities (RM432.90 Million ≈ $108.69 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. Explore RGB International Bhd operating cash flow efficiency to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM275.86 Million
% of Total Assets	38.92%
Annual Growth Rate	3.69%
5-Year Change	13.3%
10-Year Change	22.07%
Growth Volatility	22.53

RGB International Bhd - Net Assets Trend (2006–2025)

This chart illustrates how RGB International Bhd's net assets have evolved over time, based on quarterly financial data. Also explore RGB International Bhd assets under control for the complete picture of this company's asset base.

Annual Net Assets for RGB International Bhd (2006–2025)

The table below shows the annual net assets of RGB International Bhd from 2006 to 2025. For live valuation and market cap data, see RGB International Bhd market cap and net worth.

Year	Net Assets	Change
2025-12-31	RM275.86 Million ≈ $69.26 Million	-6.59%
2024-12-31	RM295.33 Million ≈ $74.15 Million	+9.13%
2023-12-31	RM270.62 Million ≈ $67.94 Million	+4.56%
2022-12-31	RM258.81 Million ≈ $64.98 Million	+6.30%
2021-12-31	RM243.47 Million ≈ $61.13 Million	-1.14%
2020-12-31	RM246.29 Million ≈ $61.84 Million	-13.14%
2019-12-31	RM283.56 Million ≈ $71.19 Million	+10.86%
2018-12-31	RM255.79 Million ≈ $64.22 Million	+10.78%
2017-12-31	RM230.89 Million ≈ $57.97 Million	+2.17%
2016-12-31	RM225.99 Million ≈ $56.74 Million	+15.08%
2015-12-31	RM196.38 Million ≈ $49.30 Million	+63.11%
2014-12-31	RM120.40 Million ≈ $30.23 Million	+34.44%
2013-12-31	RM89.56 Million ≈ $22.48 Million	+30.70%
2012-12-31	RM68.52 Million ≈ $17.20 Million	+6.07%
2011-12-31	RM64.60 Million ≈ $16.22 Million	-30.45%
2010-12-31	RM92.88 Million ≈ $23.32 Million	-34.81%
2009-12-31	RM142.47 Million ≈ $35.77 Million	-22.28%
2008-12-31	RM183.31 Million ≈ $46.02 Million	+4.15%
2007-12-31	RM176.01 Million ≈ $44.19 Million	+26.90%
2006-12-31	RM138.70 Million ≈ $34.82 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 11.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM93.12 Million	35.81%
Common Stock	RM158.49 Million	60.94%
Other Comprehensive Income	RM9.67 Million	3.72%
Total Equity	RM260.08 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
Superior Plating Technology Co Ltd TWO:8431	$77.39 Million
Stillwater Critical Minerals Corp V:PGE	$77.43 Million
Mordechai Aviv Taasiot Beniyah 1973 Ltd TA:AVIV	$77.43 Million
Vakrangee Limited NSE:VAKRANGEE	$77.43 Million
Ganesh Benzoplast Limited NSE:GANESHBE	$77.32 Million
Quality Construction Products Public Company Limited BK:Q-CON	$77.30 Million
Noble Development Public Company Limited BK:NOBLE	$77.26 Million
Solitario Exploration & Royalty Corp NYSE MKT:XPL	$77.25 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 2024 to 2025, total equity changed from 278,346,000 to 260,076,000, a change of -18,270,000 (-6.6%).
Net income of 36,352,000 contributed positively to equity growth.
Dividend payments of 27,734,000 reduced retained earnings.
Other comprehensive income increased equity by 9,668,000.
Other factors decreased equity by 36,556,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM36.35 Million	+13.98%
Dividends Paid	RM27.73 Million	-10.66%
Other Comprehensive Income	RM9.67 Million	+3.72%
Other Changes	RM-36.56 Million	-14.06%
Total Change	RM-	-6.56%

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: 1.18x
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 1.41x to 1.18x 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	RM0.20	x
2007-12-31	RM0.17	RM0.20	x
2008-12-31	RM0.18	RM0.20	x
2009-12-31	RM0.13	RM0.20	x
2010-12-31	RM0.07	RM0.20	x
2011-12-31	RM0.04	RM0.20	x
2012-12-31	RM0.05	RM0.20	x
2013-12-31	RM0.06	RM0.20	x
2014-12-31	RM0.08	RM0.20	x
2015-12-31	RM0.12	RM0.20	x
2016-12-31	RM0.13	RM0.20	x
2017-12-31	RM0.14	RM0.20	x
2018-12-31	RM0.15	RM0.20	x
2019-12-31	RM0.17	RM0.20	x
2020-12-31	RM0.15	RM0.20	x
2021-12-31	RM0.14	RM0.20	x
2022-12-31	RM0.15	RM0.20	x
2023-12-31	RM0.16	RM0.20	x
2024-12-31	RM0.18	RM0.20	x
2025-12-31	RM0.17	RM0.20	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): 13.98%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.43%
• Asset Turnover: 0.49x
• Equity Multiplier: 2.73x
Recent ROE (13.98%) is above the historical average (-3.94%), 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
2025	13.98%	10.43%	0.49x	2.73x	RM10.34 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: $879,230,500
Average return on equity (ROE) among peers: -1.09%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
RGB International Bhd (0037)	RM275.86 Million	45.38%	1.57x	$77.37 Million
Olympia Industries Bhd (3018)	$390.00 Million	6.15%	0.95x	$16.70 Million
Magnum Bhd (3859)	$1.37 Billion	-8.33%	0.67x	$465.47 Million

About RGB International Bhd

KLSE:0037 Malaysia Gambling

Market Cap

$77.37 Million

RM308.17 Million MYR

Market Cap Rank

#20309 Global

#378 in Malaysia

Share Price

RM0.20

Change (1 day)

-2.44%

52-Week Range

RM0.20 - RM0.34

All Time High

RM0.49