JCBNext Berhad Bhd
JcbNext Berhad, an investment holding company, provides online advertising services in Malaysia. The company operates through Investment Holding and Others segments. It operates Autoworld, an automotive content website; and offers online advertising services. The company also engages in the property leasing; and equity, property, and treasury investment activities. JcbNext Berhad was founded in 1… Read more
JCBNext Berhad Bhd (0058) - Net Assets
Latest net assets as of December 2025: RM451.05 Million MYR
Based on the latest financial reports, JCBNext Berhad Bhd (0058) has net assets worth RM451.05 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 (RM458.62 Million) and total liabilities (RM7.57 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 | RM451.05 Million |
| % of Total Assets | 98.35% |
| Annual Growth Rate | 11.07% |
| 5-Year Change | 30.78% |
| 10-Year Change | 36.25% |
| Growth Volatility | 11.12 |
JCBNext Berhad Bhd - Net Assets Trend (2006–2025)
This chart illustrates how JCBNext Berhad 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 JCBNext Berhad Bhd (2006–2025)
The table below shows the annual net assets of JCBNext Berhad Bhd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM451.05 Million | +12.84% |
| 2024-12-31 | RM399.72 Million | +10.38% |
| 2023-12-31 | RM362.15 Million | +3.82% |
| 2022-12-31 | RM348.82 Million | +1.14% |
| 2021-12-31 | RM344.90 Million | +6.56% |
| 2020-12-31 | RM323.68 Million | -0.70% |
| 2019-12-31 | RM325.96 Million | -0.84% |
| 2018-12-31 | RM328.71 Million | -1.91% |
| 2017-12-31 | RM335.11 Million | +1.22% |
| 2016-12-31 | RM331.05 Million | +8.65% |
| 2015-12-31 | RM304.70 Million | +10.49% |
| 2014-12-31 | RM275.78 Million | +9.56% |
| 2013-12-31 | RM251.72 Million | +16.39% |
| 2012-12-31 | RM216.28 Million | +13.98% |
| 2011-12-31 | RM189.76 Million | +11.90% |
| 2010-12-31 | RM169.57 Million | +30.19% |
| 2009-12-31 | RM130.25 Million | +17.50% |
| 2008-12-31 | RM110.85 Million | +28.27% |
| 2007-12-31 | RM86.42 Million | +40.80% |
| 2006-12-31 | RM61.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to JCBNext Berhad 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 596.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM222.20 Million | 49.26% |
| Common Stock | RM196.62 Million | 43.59% |
| Other Comprehensive Income | RM26.49 Million | 5.87% |
| Other Components | RM5.74 Million | 1.27% |
| Total Equity | RM451.05 Million | 100.00% |
JCBNext Berhad Bhd Competitors by Market Cap
The table below lists competitors of JCBNext Berhad Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
artnet AG
PINK:ARTZF
|
$8.91 Million |
|
Daewon Co. Ltd
KQ:007680
|
$8.91 Million |
|
Kerjaya Prospek Property Bhd
KLSE:7077
|
$8.92 Million |
|
Neungyule Education Inc
KQ:053290
|
$8.92 Million |
|
Chromocell Therapeutics Corporation
NYSE MKT:CHRO
|
$8.90 Million |
|
Taiwan Advanced Nanotech Inc.
TWO:6797
|
$8.90 Million |
|
Cosmos Health Inc.
NASDAQ:COSM
|
$8.90 Million |
|
Artha Optimum A/S
CO:ARAOPT
|
$8.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JCBNext Berhad Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 399,722,735 to 451,047,000, a change of 51,324,265 (12.8%).
- Net income of 43,069,000 contributed positively to equity growth.
- Share repurchases of 627,000 reduced equity.
- Other comprehensive income increased equity by 110,347.
- Other factors increased equity by 8,771,918.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM43.07 Million | +9.55% |
| Share Repurchases | RM627.00K | -0.14% |
| Other Comprehensive Income | RM110.35K | +0.02% |
| Other Changes | RM8.77 Million | +1.94% |
| Total Change | RM- | 12.84% |
Book Value vs Market Value Analysis
This analysis compares JCBNext Berhad 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: 0.50x
- 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 3.62x to 0.50x 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 | RM0.48 | RM1.73 | x |
| 2007-12-31 | RM0.67 | RM1.73 | x |
| 2008-12-31 | RM0.86 | RM1.73 | x |
| 2009-12-31 | RM1.01 | RM1.73 | x |
| 2010-12-31 | RM1.30 | RM1.73 | x |
| 2011-12-31 | RM1.44 | RM1.73 | x |
| 2012-12-31 | RM1.65 | RM1.73 | x |
| 2013-12-31 | RM1.94 | RM1.73 | x |
| 2014-12-31 | RM2.05 | RM1.73 | x |
| 2015-12-31 | RM2.18 | RM1.73 | x |
| 2016-12-31 | RM2.37 | RM1.73 | x |
| 2017-12-31 | RM2.40 | RM1.73 | x |
| 2018-12-31 | RM2.37 | RM1.73 | x |
| 2019-12-31 | RM2.39 | RM1.73 | x |
| 2020-12-31 | RM2.41 | RM1.73 | x |
| 2021-12-31 | RM2.60 | RM1.73 | x |
| 2022-12-31 | RM2.64 | RM1.73 | x |
| 2023-12-31 | RM2.74 | RM1.73 | x |
| 2024-12-31 | RM3.04 | RM1.73 | x |
| 2025-12-31 | RM3.44 | RM1.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JCBNext Berhad 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): 9.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 211.39%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.02x
- Recent ROE (9.55%) is below the historical average (49.72%), 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 | 36.03% | 33.02% | 0.84x | 1.30x | RM15.68 Million |
| 2007 | 33.92% | 34.77% | 0.72x | 1.35x | RM20.37 Million |
| 2008 | 30.03% | 32.06% | 0.74x | 1.27x | RM21.88 Million |
| 2009 | 21.77% | 29.98% | 0.58x | 1.24x | RM14.97 Million |
| 2010 | 24.33% | 34.99% | 0.57x | 1.22x | RM24.14 Million |
| 2011 | 23.02% | 30.99% | 0.59x | 1.27x | RM24.51 Million |
| 2012 | 27.18% | 467.66% | 0.05x | 1.28x | RM36.87 Million |
| 2013 | 24.63% | 717.45% | 0.03x | 1.26x | RM36.48 Million |
| 2014 | 707.65% | 9030.21% | 0.07x | 1.09x | RM1.92 Billion |
| 2015 | 8.39% | 386.32% | 0.02x | 1.01x | RM-4.90 Million |
| 2016 | 3.43% | 122.97% | 0.03x | 1.01x | RM-21.75 Million |
| 2017 | 2.03% | 68.89% | 0.03x | 1.01x | RM-26.69 Million |
| 2018 | 3.01% | 116.00% | 0.03x | 1.00x | RM-22.96 Million |
| 2019 | 3.16% | 118.69% | 0.03x | 1.01x | RM-22.27 Million |
| 2020 | 1.99% | 107.12% | 0.02x | 1.01x | RM-25.91 Million |
| 2021 | 4.87% | 264.36% | 0.02x | 1.01x | RM-17.69 Million |
| 2022 | 6.76% | 247.32% | 0.03x | 1.01x | RM-11.31 Million |
| 2023 | 9.80% | 325.36% | 0.03x | 1.03x | RM-723.98K |
| 2024 | 12.79% | 349.75% | 0.04x | 1.02x | RM11.15 Million |
| 2025 | 9.55% | 211.39% | 0.04x | 1.02x | RM-2.04 Million |
Industry Comparison
This section compares JCBNext Berhad Bhd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $324,284,972
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JCBNext Berhad Bhd (0058) | RM451.05 Million | 36.03% | 0.02x | $8.91 Million |
| OSK Ventures International Bhd (0053) | $248.39 Million | 9.64% | 0.04x | $3.35 Million |
| Fintec Global Bhd (0150) | $185.37 Million | 23.43% | 0.09x | $3.07 Million |
| Kuchai Develop Bhd (2186) | $501.03 Million | 8.96% | 0.00x | $137.38K |
| Malpac Holdings Bhd (4936) | $171.91 Million | -1.42% | 0.05x | $822.83K |
| iCapital.biz Berhad (5108) | $514.73 Million | 0.51% | 0.00x | $5.23K |