Ancom Logistics Bhd
Ancom Logistics Berhad, an investment holding company, engages in the logistics business in Malaysia, Singapore, and Other Asian countries. It operates in two segments, Logistics and Other. The company provides rental and transportation services; and freight forwarding, packaging, and crafting services. It also owns, builds, operates, leases, and manages a chemical tank farm and terminal located … Read more
Ancom Logistics Bhd (0048) - Net Assets
Latest net assets as of September 2025: RM16.01 Million MYR
Based on the latest financial reports, Ancom Logistics Bhd (0048) has net assets worth RM16.01 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 (RM95.84 Million) and total liabilities (RM79.83 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 | RM16.01 Million |
| % of Total Assets | 16.71% |
| Annual Growth Rate | -5.98% |
| 5-Year Change | -29.16% |
| 10-Year Change | N/A |
| Growth Volatility | 5.95 |
Ancom Logistics Bhd - Net Assets Trend (2015–2024)
This chart illustrates how Ancom Logistics 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 Ancom Logistics Bhd (2015–2024)
The table below shows the annual net assets of Ancom Logistics Bhd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM16.63 Million | -5.67% |
| 2023-12-31 | RM17.63 Million | -17.51% |
| 2022-12-31 | RM21.37 Million | -1.77% |
| 2021-12-31 | RM21.75 Million | -7.32% |
| 2020-12-31 | RM23.47 Million | +1.65% |
| 2019-12-31 | RM23.09 Million | -1.54% |
| 2018-12-31 | RM23.45 Million | -2.54% |
| 2017-12-31 | RM24.06 Million | -3.19% |
| 2016-12-31 | RM24.85 Million | -14.24% |
| 2015-12-31 | RM28.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ancom Logistics 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 232.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM23.66 Million | 142.32% |
| Total Equity | RM16.63 Million | 100.00% |
Ancom Logistics Bhd Competitors by Market Cap
The table below lists competitors of Ancom Logistics Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Uranium Valley Mines Ltd.
V:VZZ
|
$4.14 Million |
|
International Graphite Ltd
AU:IG6
|
$4.14 Million |
|
Wirtek A/S
CO:WIRTEK
|
$4.14 Million |
|
AHB Holdings Bhd
KLSE:7315
|
$4.14 Million |
|
UNION JACK OILLS -05
F:1UJ0
|
$4.14 Million |
|
GIIB Holdings Bhd
KLSE:7192
|
$4.14 Million |
|
GivBux Inc
PINK:GBUX
|
$4.14 Million |
|
PT Multipolar Tbk
F:MLQ2
|
$4.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ancom Logistics Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,627,000 to 16,627,000, a change of -1,000,000 (-5.7%).
- Net loss of 1,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-1.00 Million | -6.01% |
| Total Change | RM- | -5.67% |
Book Value vs Market Value Analysis
This analysis compares Ancom Logistics 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: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.22x to 2.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.06 | RM0.08 | x |
| 2016-12-31 | RM0.05 | RM0.08 | x |
| 2017-12-31 | RM0.05 | RM0.08 | x |
| 2018-12-31 | RM0.05 | RM0.08 | x |
| 2019-12-31 | RM0.05 | RM0.08 | x |
| 2020-12-31 | RM0.05 | RM0.08 | x |
| 2021-12-31 | RM0.05 | RM0.08 | x |
| 2022-12-31 | RM0.05 | RM0.08 | x |
| 2023-12-31 | RM0.04 | RM0.08 | x |
| 2024-12-31 | RM0.04 | RM0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ancom Logistics 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): -6.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.00%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 5.73x
- Recent ROE (-6.01%) is above the historical average (-6.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -5.71% | -5.11% | 0.56x | 1.98x | RM-4.55 Million |
| 2016 | -16.61% | -14.57% | 0.54x | 2.11x | RM-6.61 Million |
| 2017 | -3.29% | -2.73% | 0.61x | 1.97x | RM-3.20 Million |
| 2018 | -1.47% | -1.16% | 0.61x | 2.07x | RM-2.69 Million |
| 2019 | -1.56% | -1.16% | 0.63x | 2.14x | RM-2.67 Million |
| 2020 | 1.63% | 1.25% | 0.57x | 2.28x | RM-1.97 Million |
| 2021 | -7.89% | -5.73% | 0.62x | 2.22x | RM-3.89 Million |
| 2022 | -1.80% | -1.26% | 0.69x | 2.07x | RM-2.52 Million |
| 2023 | -21.22% | -11.90% | 0.58x | 3.05x | RM-5.50 Million |
| 2024 | -6.01% | -3.00% | 0.35x | 5.73x | RM-2.66 Million |
Industry Comparison
This section compares Ancom Logistics Bhd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $345,973,355
- Average return on equity (ROE) among peers: 18.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ancom Logistics Bhd (0048) | RM16.01 Million | -5.71% | 4.99x | $4.14 Million |
| GD Express Carrier Bhd (0078) | $65.07 Million | 20.93% | 0.65x | $46.90 Million |
| Straits Inter Logistics Bhd (0080) | $85.37 Million | 4.75% | 0.73x | $7.08 Million |
| Tri-Mode System M Bhd (0199) | $92.65 Million | 2.66% | 0.82x | $653.68K |
| KGW Group Berhad (0282) | $3.63 Million | 59.95% | 2.88x | $2.11 Million |
| AGX Group Berhad (0299) | $5.29 Million | 10.57% | 12.50x | $12.26 Million |
| Sin-Kung Logistics Berhad (0305) | $27.71 Million | 33.86% | 2.09x | $2.17 Million |
| Harbour Link Group Bhd (2062) | $897.81 Million | 13.14% | 0.44x | $27.95 Million |
| POS Malaysia&Services Holdings Bhd (4634) | $1.57 Billion | 9.24% | 0.28x | $17.70 Million |
| Tasco Bhd (5140) | $363.71 Million | 8.08% | 1.06x | $16.93 Million |