Systech Bhd
Systech Bhd, an investment holding company, provides cybersecurity and corporate solutions, and e-logistics businesses in Malaysia, rest of Asia, and internationally. It operates through three segments: Corporate Solutions, CyberSecurity Solutions, and e-Logistics Solutions. The Corporate solutions segment provides artificial intelligence and enterprise resources planning, internet of things, and… Read more
Systech Bhd (0050) - Net Assets
Latest net assets as of September 2025: RM51.10 Million MYR
Based on the latest financial reports, Systech Bhd (0050) has net assets worth RM51.10 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 (RM94.42 Million) and total liabilities (RM43.33 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 | RM51.10 Million |
| % of Total Assets | 54.12% |
| Annual Growth Rate | 2.88% |
| 5-Year Change | -0.63% |
| 10-Year Change | N/A |
| Growth Volatility | 55.55 |
Systech Bhd - Net Assets Trend (2015–2024)
This chart illustrates how Systech 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 Systech Bhd (2015–2024)
The table below shows the annual net assets of Systech Bhd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM48.01 Million | +159.42% |
| 2023-12-31 | RM18.51 Million | -9.25% |
| 2022-12-31 | RM20.39 Million | -21.45% |
| 2021-12-31 | RM25.96 Million | -46.26% |
| 2020-12-31 | RM48.31 Million | -3.44% |
| 2019-12-31 | RM50.04 Million | -2.49% |
| 2018-12-31 | RM51.31 Million | +1.52% |
| 2017-12-31 | RM50.55 Million | +32.65% |
| 2016-12-31 | RM38.11 Million | +2.45% |
| 2015-12-31 | RM37.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Systech 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 769.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM150.16 Million | 312.76% |
| Total Equity | RM48.01 Million | 100.00% |
Systech Bhd Competitors by Market Cap
The table below lists competitors of Systech Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SPINNOVA OYJ EO 1
F:9HP
|
$10.69 Million |
|
Zim Laboratories Limited
NSE:ZIMLAB
|
$10.70 Million |
|
Cybeats Technologies Corp.
PINK:CYBCF
|
$10.70 Million |
|
Hanchang Ind.Co.Ltd
KQ:079170
|
$10.70 Million |
|
Pineapple Financial Inc.
NYSE MKT:PAPL
|
$10.68 Million |
|
Wilmar Cahaya Indonesia Tbk
JK:CEKA
|
$10.68 Million |
|
Wooree Lighting Co.Ltd
KQ:037400
|
$10.68 Million |
|
Morocco Strategic Minerals Corporation
V:MCC
|
$10.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Systech Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,260,000 to 48,013,000, a change of 32,753,000 (214.6%).
- Net loss of 7,757,000 reduced equity.
- Share repurchases of 51,282,000 reduced equity.
- New share issuances of 51,282,000 increased equity.
- Other factors increased equity by 40,510,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-7.76 Million | -16.16% |
| Share Repurchases | RM51.28 Million | -106.81% |
| Share Issuances | RM51.28 Million | +106.81% |
| Other Changes | RM40.51 Million | +84.37% |
| Total Change | RM- | 214.63% |
Book Value vs Market Value Analysis
This analysis compares Systech 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: 2.14x
- 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 1.33x to 2.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.12 | RM0.16 | x |
| 2017-12-31 | RM0.15 | RM0.16 | x |
| 2018-12-31 | RM0.15 | RM0.16 | x |
| 2019-12-31 | RM0.14 | RM0.16 | x |
| 2020-12-31 | RM0.14 | RM0.16 | x |
| 2021-12-31 | RM0.08 | RM0.16 | x |
| 2022-12-31 | RM0.06 | RM0.16 | x |
| 2023-12-31 | RM0.04 | RM0.16 | x |
| 2024-12-31 | RM0.07 | RM0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Systech 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): -16.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.20%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.98x
- Recent ROE (-16.16%) is below the historical average (-15.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.23% | 10.72% | 0.25x | 1.23x | RM-2.52 Million |
| 2016 | 7.08% | 17.81% | 0.32x | 1.26x | RM-1.11 Million |
| 2017 | 2.59% | 5.85% | 0.35x | 1.28x | RM-3.74 Million |
| 2018 | 0.86% | 1.55% | 0.45x | 1.24x | RM-4.69 Million |
| 2019 | -1.22% | -2.17% | 0.46x | 1.23x | RM-5.61 Million |
| 2020 | -2.78% | -5.88% | 0.38x | 1.25x | RM-6.17 Million |
| 2021 | -83.40% | -132.19% | 0.43x | 1.45x | RM-24.25 Million |
| 2022 | -29.31% | -34.26% | 0.53x | 1.63x | RM-8.02 Million |
| 2023 | -36.36% | -22.08% | 0.62x | 2.64x | RM-7.08 Million |
| 2024 | -16.16% | -12.20% | 0.67x | 1.98x | RM-12.56 Million |
Industry Comparison
This section compares Systech Bhd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $123,011,253
- Average return on equity (ROE) among peers: -27.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Systech Bhd (0050) | RM51.10 Million | 3.23% | 0.85x | $10.69 Million |
| IFCA MSC Bhd (0023) | $106.07 Million | 0.49% | 0.34x | $14.32 Million |
| Nova MSC Bhd (0026) | $46.59 Million | 1.10% | 0.26x | $10.03 Million |
| MMAG Holdings Bhd (0034) | $376.25 Million | -6.02% | 1.13x | $960.62K |
| Cuscapi Berhad (0051) | $18.84 Million | -130.34% | 1.75x | $5.12 Million |
| Excel Force MSC Bhd (0065) | $101.67 Million | 12.12% | 0.08x | $7.15 Million |
| N2N Connect Bhd (0108) | $284.73 Million | 6.19% | 0.08x | $11.11 Million |
| Appasia Bhd (0119) | $27.12 Million | 1.71% | 0.13x | $10.71 Million |
| DGB Asia Bhd (0152) | $130.71 Million | -16.79% | 0.86x | $838.97K |
| iDimension Consolidated Bhd (0174) | $15.11 Million | -112.15% | 0.73x | $566.90K |