OpenSys M Bhd
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.
| Company | Market Cap |
|---|---|
|
T Scientific Co.Ltd
KQ:057680
|
$16.66 Million |
|
Good Way Technology Co Ltd
TWO:3272
|
$16.67 Million |
|
BRIOSCHI (BFX.SG)
STU:BFX
|
$16.68 Million |
|
SAAM Energy Development Public Company Limited
BK:SAAM
|
$16.68 Million |
|
Steamships Trading Company Ltd
AU:SST
|
$16.65 Million |
|
Strategic Minerals Plc
PINK:SMCDF
|
$16.65 Million |
|
Kimia Farma Persero Tbk
JK:KAEF
|
$16.65 Million |
|
Hove AS
CO:HOVE
|
$16.64 Million |
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 |