OpenSys M Bhd

KLSE:0040 Malaysia Software - Infrastructure
Market Cap
$29.76 Million
RM134.05 Million MYR
Market Cap Rank
#26313 Global
#403 in Malaysia
Share Price
RM0.30
Change (1 day)
+0.00%
52-Week Range
RM0.29 - RM0.34
All Time High
RM0.62
About

OpenSys (M) Berhad, an investment holding company, engages in the provision of self service, assisted service, and branch transformation solutions in Malaysia. It operates through Hardware, and Software Solution, and Services segments. The company offers cash processing solutions, such as cash recycling ATM, teller cash recycler, and ink-staining technology; cheque processing solutions, including… Read more

OpenSys M Bhd (0040) - Net Assets

Latest net assets as of December 2025: RM97.38 Million MYR

Based on the latest financial reports, OpenSys M Bhd (0040) has net assets worth RM97.38 Million MYR as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM129.25 Million) and total liabilities (RM31.87 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 RM97.38 Million
% of Total Assets 75.34%
Annual Growth Rate 6.17%
5-Year Change 25.59%
10-Year Change 104.42%
Growth Volatility 5.79

OpenSys M Bhd - Net Assets Trend (2006–2025)

This chart illustrates how OpenSys M 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 OpenSys M Bhd (2006–2025)

The table below shows the annual net assets of OpenSys M Bhd from 2006 to 2025.

Year Net Assets Change
2025-12-31 RM97.38 Million +6.11%
2024-12-31 RM91.77 Million +4.48%
2023-12-31 RM87.83 Million +5.79%
2022-12-31 RM83.02 Million +7.08%
2021-12-31 RM77.54 Million +9.33%
2020-12-31 RM70.92 Million +10.67%
2019-12-31 RM64.08 Million +11.61%
2018-12-31 RM57.41 Million +11.76%
2017-12-31 RM51.37 Million +7.84%
2016-12-31 RM47.64 Million +6.78%
2015-12-31 RM44.61 Million +12.65%
2014-12-31 RM39.60 Million +9.28%
2013-12-31 RM36.24 Million +7.17%
2012-12-31 RM33.81 Million -13.67%
2011-12-31 RM39.16 Million -0.18%
2010-12-31 RM39.23 Million +0.33%
2009-12-31 RM39.11 Million +9.10%
2008-12-31 RM35.84 Million +9.21%
2007-12-31 RM32.82 Million +5.20%
2006-12-31 RM31.20 Million --

Equity Component Analysis

This analysis shows how different components contribute to OpenSys M 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 2339.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings RM66.88 Million 69.18%
Common Stock RM29.79 Million 30.82%
Total Equity RM96.67 Million 100.00%

OpenSys M Bhd Competitors by Market Cap

The table below lists competitors of OpenSys M Bhd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 91,463,000 to 96,670,000, a change of 5,207,000 (5.7%).
  • Net income of 13,312,000 contributed positively to equity growth.
  • Dividend payments of 8,042,999 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM13.31 Million +13.77%
Dividends Paid RM8.04 Million -8.32%
Other Changes RM-62.00K -0.06%
Total Change RM- 5.69%

Book Value vs Market Value Analysis

This analysis compares OpenSys M 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: 1.39x
  • 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 5.54x to 1.39x 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 RM0.05 RM0.30 x
2007-12-31 RM0.06 RM0.30 x
2008-12-31 RM0.06 RM0.30 x
2009-12-31 RM0.09 RM0.30 x
2010-12-31 RM0.09 RM0.30 x
2011-12-31 RM0.09 RM0.30 x
2012-12-31 RM0.08 RM0.30 x
2013-12-31 RM0.08 RM0.30 x
2014-12-31 RM0.09 RM0.30 x
2015-12-31 RM0.10 RM0.30 x
2016-12-31 RM0.11 RM0.30 x
2017-12-31 RM0.11 RM0.30 x
2018-12-31 RM0.13 RM0.30 x
2019-12-31 RM0.14 RM0.30 x
2020-12-31 RM0.16 RM0.30 x
2021-12-31 RM0.17 RM0.30 x
2022-12-31 RM0.19 RM0.30 x
2023-12-31 RM0.20 RM0.30 x
2024-12-31 RM0.20 RM0.30 x
2025-12-31 RM0.22 RM0.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently OpenSys M 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): 13.77%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.78%
  • • Asset Turnover: 0.81x
  • • Equity Multiplier: 1.34x
  • Recent ROE (13.77%) is above the historical average (11.61%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 2.42% 2.83% 0.41x 2.09x RM-2.36 Million
2007 4.62% 4.69% 0.46x 2.13x RM-1.77 Million
2008 8.44% 8.75% 0.52x 1.87x RM-560.70K
2009 8.34% 10.31% 0.54x 1.50x RM-648.54K
2010 3.17% 4.65% 0.50x 1.37x RM-2.68 Million
2011 5.53% 7.44% 0.55x 1.34x RM-1.75 Million
2012 10.44% 10.70% 0.63x 1.56x RM147.45K
2013 12.86% 14.02% 0.58x 1.57x RM1.04 Million
2014 14.14% 12.36% 0.63x 1.81x RM1.64 Million
2015 16.53% 10.17% 1.04x 1.56x RM2.91 Million
2016 12.60% 6.34% 1.12x 1.78x RM1.24 Million
2017 13.07% 6.99% 1.04x 1.79x RM1.58 Million
2018 17.70% 10.65% 0.90x 1.85x RM4.42 Million
2019 17.34% 10.79% 0.98x 1.64x RM4.70 Million
2020 15.64% 13.44% 0.82x 1.42x RM4.00 Million
2021 14.27% 17.95% 0.61x 1.31x RM3.30 Million
2022 14.12% 14.21% 0.77x 1.29x RM3.41 Million
2023 14.08% 13.96% 0.75x 1.35x RM3.58 Million
2024 13.03% 12.85% 0.73x 1.39x RM2.77 Million
2025 13.77% 12.78% 0.81x 1.34x RM3.65 Million

Industry Comparison

This section compares OpenSys M Bhd's net assets metrics with peer companies in the Software - Infrastructure industry.

Industry Context

  • Industry: Software - Infrastructure
  • Average net assets among peers: $61,575,723
  • Average return on equity (ROE) among peers: 17.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
OpenSys M Bhd (0040) RM97.38 Million 2.42% 0.33x $16.66 Million
Managepay Systems Bhd (0156) $85.41 Million 1.39% 0.07x $6.16 Million
Revenue Group Bhd (0200) $159.28 Million 7.81% 0.63x $5.81 Million
Securemetric Berhad (0203) $38.70 Million -12.54% 0.26x $6.14 Million
Infoline Tec Holdings Bhd (0253) $17.91 Million 43.53% 0.66x $7.55 Million
RichTech Digital Berhad (0342) $6.58 Million 46.42% 0.61x $2.93 Million