Oceancash Pacific Bhd (0049) - Net Assets
Based on the latest financial reports, Oceancash Pacific Bhd (0049) has net assets worth RM114.01 Million MYR (≈ $28.63 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM141.31 Million ≈ $35.48 Million USD) and total liabilities (RM27.30 Million ≈ $6.85 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. Also explore 0049 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM114.01 Million |
| % of Total Assets | 80.68% |
| Annual Growth Rate | 6.81% |
| 5-Year Change | 3.47% |
| 10-Year Change | 53.62% |
| Growth Volatility | 7.29 |
Oceancash Pacific Bhd - Net Assets Trend (2006–2025)
This chart illustrates how Oceancash Pacific Bhd's net assets have evolved over time, based on quarterly financial data. Check 0049 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Oceancash Pacific Bhd (2006–2025)
The table below shows the annual net assets of Oceancash Pacific Bhd from 2006 to 2025. For live valuation and market cap data, see market cap of Oceancash Pacific Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM115.59 Million ≈ $29.02 Million |
-4.03% |
| 2024-12-31 | RM120.45 Million ≈ $30.24 Million |
-1.89% |
| 2023-12-31 | RM122.77 Million ≈ $30.82 Million |
+5.28% |
| 2022-12-31 | RM116.61 Million ≈ $29.28 Million |
+4.39% |
| 2021-12-31 | RM111.71 Million ≈ $28.05 Million |
+2.93% |
| 2020-12-31 | RM108.53 Million ≈ $27.25 Million |
+21.21% |
| 2019-12-31 | RM89.54 Million ≈ $22.48 Million |
+6.41% |
| 2018-12-31 | RM84.14 Million ≈ $21.13 Million |
+3.49% |
| 2017-12-31 | RM81.30 Million ≈ $20.41 Million |
+8.05% |
| 2016-12-31 | RM75.25 Million ≈ $18.89 Million |
+14.00% |
| 2015-12-31 | RM66.01 Million ≈ $16.57 Million |
+13.70% |
| 2014-12-31 | RM58.05 Million ≈ $14.58 Million |
+17.88% |
| 2013-12-31 | RM49.25 Million ≈ $12.36 Million |
+12.24% |
| 2012-12-31 | RM43.88 Million ≈ $11.02 Million |
+4.48% |
| 2011-12-31 | RM42.00 Million ≈ $10.54 Million |
+4.33% |
| 2010-12-31 | RM40.25 Million ≈ $10.11 Million |
+3.50% |
| 2009-12-31 | RM38.89 Million ≈ $9.76 Million |
+19.86% |
| 2008-12-31 | RM32.45 Million ≈ $8.15 Million |
+1.48% |
| 2007-12-31 | RM31.97 Million ≈ $8.03 Million |
-3.32% |
| 2006-12-31 | RM33.07 Million ≈ $8.30 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Oceancash Pacific 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 826.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM63.22 Million | 54.70% |
| Common Stock | RM37.01 Million | 32.02% |
| Other Comprehensive Income | RM-5.10 Million | -4.41% |
| Other Components | RM20.46 Million | 17.70% |
| Total Equity | RM115.59 Million | 100.00% |
Oceancash Pacific Bhd Competitors by Market Cap
The table below lists competitors of Oceancash Pacific Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bram Indus
TA:BRAM
|
$7.87 Million |
|
Evergreen Lithium Ltd
AU:EG1
|
$7.87 Million |
|
Worksport Ltd
NASDAQ:WKSP
|
$7.87 Million |
|
Mitra Angkasa Sejahtera PT Tbk
JK:BAUT
|
$7.88 Million |
|
Emerson Radio Corporation
NYSE MKT:MSN
|
$7.86 Million |
|
Bell Copper Corp
V:BCU
|
$7.85 Million |
|
Muza S.A
WAR:MZA
|
$7.85 Million |
|
XOX Technology Bhd
KLSE:0017
|
$7.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oceancash Pacific Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 119,417,803 to 115,588,000, a change of -3,829,803 (-3.2%).
- Net loss of 4,804,191 reduced equity.
- Other comprehensive income decreased equity by 20,192,583.
- Other factors increased equity by 21,166,971.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-4.80 Million | -4.16% |
| Other Comprehensive Income | RM-20.19 Million | -17.47% |
| Other Changes | RM21.17 Million | +18.31% |
| Total Change | RM- | -3.21% |
Book Value vs Market Value Analysis
This analysis compares Oceancash Pacific 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: 0.27x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.89x to 0.27x 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 | RM0.13 | RM0.12 | x |
| 2007-12-31 | RM0.13 | RM0.12 | x |
| 2008-12-31 | RM0.13 | RM0.12 | x |
| 2009-12-31 | RM0.16 | RM0.12 | x |
| 2010-12-31 | RM0.16 | RM0.12 | x |
| 2011-12-31 | RM0.17 | RM0.12 | x |
| 2012-12-31 | RM0.18 | RM0.12 | x |
| 2013-12-31 | RM0.20 | RM0.12 | x |
| 2014-12-31 | RM0.24 | RM0.12 | x |
| 2015-12-31 | RM0.27 | RM0.12 | x |
| 2016-12-31 | RM0.31 | RM0.12 | x |
| 2017-12-31 | RM0.33 | RM0.12 | x |
| 2018-12-31 | RM0.38 | RM0.12 | x |
| 2019-12-31 | RM0.37 | RM0.12 | x |
| 2020-12-31 | RM0.44 | RM0.12 | x |
| 2021-12-31 | RM0.43 | RM0.12 | x |
| 2022-12-31 | RM0.45 | RM0.12 | x |
| 2023-12-31 | RM0.47 | RM0.12 | x |
| 2024-12-31 | RM0.46 | RM0.12 | x |
| 2025-12-31 | RM0.44 | RM0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oceancash Pacific 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): -4.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.19%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.26x
- Recent ROE (-4.16%) is below the historical average (5.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -1.52% | -1.51% | 0.58x | 1.73x | RM-3.81 Million |
| 2007 | -3.43% | -3.42% | 0.60x | 1.68x | RM-4.29 Million |
| 2008 | 1.46% | 0.95% | 0.90x | 1.71x | RM-2.77 Million |
| 2009 | 8.41% | 5.98% | 0.88x | 1.61x | RM-618.50K |
| 2010 | 4.49% | 3.24% | 0.86x | 1.61x | RM-2.22 Million |
| 2011 | 5.11% | 3.70% | 0.80x | 1.73x | RM-2.05 Million |
| 2012 | 5.97% | 4.45% | 0.86x | 1.56x | RM-1.77 Million |
| 2013 | 13.20% | 9.48% | 0.95x | 1.46x | RM1.58 Million |
| 2014 | 8.46% | 6.75% | 0.91x | 1.37x | RM-891.51K |
| 2015 | 13.22% | 10.98% | 0.86x | 1.40x | RM2.12 Million |
| 2016 | 13.54% | 12.17% | 0.81x | 1.37x | RM2.66 Million |
| 2017 | 12.08% | 10.94% | 0.86x | 1.29x | RM1.69 Million |
| 2018 | 7.22% | 7.14% | 0.82x | 1.23x | RM-2.34 Million |
| 2019 | 7.93% | 7.95% | 0.82x | 1.22x | RM-1.85 Million |
| 2020 | 3.98% | 5.38% | 0.59x | 1.25x | RM-6.54 Million |
| 2021 | 4.70% | 7.04% | 0.54x | 1.23x | RM-5.92 Million |
| 2022 | 5.64% | 7.54% | 0.64x | 1.17x | RM-5.09 Million |
| 2023 | 2.52% | 3.97% | 0.52x | 1.23x | RM-9.19 Million |
| 2024 | -0.22% | -0.34% | 0.53x | 1.20x | RM-12.20 Million |
| 2025 | -4.16% | -7.19% | 0.46x | 1.26x | RM-16.36 Million |
Industry Comparison
This section compares Oceancash Pacific Bhd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $257,724,262
- Average return on equity (ROE) among peers: -7.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oceancash Pacific Bhd (0049) | RM114.01 Million | -1.52% | 0.24x | $7.86 Million |
| Sedania Innovator Bhd (0178) | $15.32 Million | -66.84% | 1.68x | $8.26 Million |
| FCW Holdings Bhd (2755) | $268.26 Million | 6.99% | 0.50x | $100.42 Million |
| NTPM Holdings Bhd (5066) | $520.80 Million | 5.47% | 1.03x | $54.98 Million |
| Esthetics International Group (5081) | $172.82 Million | 0.77% | 0.40x | $11.31 Million |
| Karex Berhad (5247) | $498.14 Million | 5.61% | 0.19x | $132.24 Million |
| Eng Kah Corporation Bhd (7149) | $71.00 Million | 4.23% | 0.21x | $5.43 Million |
About Oceancash Pacific Bhd
Oceancash Pacific Berhad, an investment holding company, manufactures and trades in non-woven products in Malaysia, Indonesia, Japan, Thailand, and internationally. It operates through Insulation, Hygiene, and Investment Holding segments. The company manufactures, distributes, and trades in resinated, thermoplastic felts and needlepunch carpets for interior and exterior trims in automobiles and a… Read more