Vortex Consolidated Bhd (0060) - Net Assets

Latest as of March 2026: RM463.38 Million MYR ≈ $116.34 Million USD

Based on the latest financial reports, Vortex Consolidated Bhd (0060) has net assets worth RM463.38 Million MYR (≈ $116.34 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 (RM537.48 Million ≈ $134.94 Million USD) and total liabilities (RM74.10 Million ≈ $18.60 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. Check 0060 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM463.38 Million
% of Total Assets	86.21%
Annual Growth Rate	21.8%
5-Year Change	67.6%
10-Year Change	601.27%
Growth Volatility	23.98

Vortex Consolidated Bhd - Net Assets Trend (2016–2026)

This chart illustrates how Vortex Consolidated Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Vortex Consolidated Bhd worth.

Annual Net Assets for Vortex Consolidated Bhd (2016–2026)

The table below shows the annual net assets of Vortex Consolidated Bhd from 2016 to 2026. Also explore Vortex Consolidated Bhd annual equity growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	RM463.38 Million ≈ $116.34 Million	+10.89%
2025-03-31	RM417.88 Million ≈ $104.92 Million	+33.89%
2024-03-31	RM312.11 Million ≈ $78.36 Million	+8.78%
2023-03-31	RM286.92 Million ≈ $72.04 Million	+3.78%
2022-03-31	RM276.48 Million ≈ $69.42 Million	+54.99%
2021-03-31	RM178.39 Million ≈ $44.79 Million	+47.55%
2020-03-31	RM120.90 Million ≈ $30.35 Million	+69.12%
2019-03-31	RM71.49 Million ≈ $17.95 Million	+0.40%
2018-03-31	RM71.20 Million ≈ $17.88 Million	+7.75%
2017-03-31	RM66.08 Million ≈ $16.59 Million	+2.40%
2016-03-31	RM64.53 Million ≈ $16.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Vortex Consolidated 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 221.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	RM12.08 Million	2.66%
Other Components	RM441.70 Million	97.34%
Total Equity	RM453.78 Million	100.00%

Vortex Consolidated Bhd Competitors by Market Cap

The table below lists competitors of Vortex Consolidated Bhd ranked by their market capitalization.

Company	Market Cap
Shotspotter Inc NASDAQ:SSTI	$72.28 Million
Taeyang Metal KO:004100	$72.32 Million
Arena Group Holdings Inc NYSE MKT:AREN	$72.36 Million
The State Trading Corporation of India Limited NSE:STCINDIA	$72.38 Million
Heranba Industries Limited NSE:HERANBA	$72.27 Million
Mospec Semiconductor Corp TW:2434	$72.27 Million
Tainet Communication System TWO:4905	$72.27 Million
Woorison F&G Co. Ltd KQ:073560	$72.26 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Vortex Consolidated Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 405,068,255 to 453,779,979, a change of 48,711,724 (12.0%).
Net income of 7,660,795 contributed positively to equity growth.
New share issuances of 41,050,929 increased equity.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	RM7.66 Million	+1.69%
Share Issuances	RM41.05 Million	+9.05%
Total Change	RM-	12.03%

Book Value vs Market Value Analysis

This analysis compares Vortex Consolidated 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: 0.57x
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 increased from 0.16x to 0.57x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-03-31	RM0.90	RM0.14	x
2018-03-31	RM0.88	RM0.14	x
2019-03-31	RM0.88	RM0.14	x
2020-03-31	RM0.98	RM0.14	x
2021-03-31	RM0.52	RM0.14	x
2022-03-31	RM0.26	RM0.14	x
2023-03-31	RM0.36	RM0.14	x
2024-03-31	RM0.38	RM0.14	x
2025-03-31	RM0.25	RM0.14	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vortex Consolidated 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): 1.69%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.85%
• Asset Turnover: 0.50x
• Equity Multiplier: 1.18x
Recent ROE (1.69%) is above the historical average (-3.72%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	-31.87%	-10.41%	2.21x	1.39x	RM-27.02 Million
2017	2.35%	1.14%	1.55x	1.33x	RM-5.06 Million
2018	1.08%	0.50%	1.53x	1.41x	RM-6.35 Million
2019	0.40%	0.18%	1.53x	1.43x	RM-6.86 Million
2020	-10.09%	-8.54%	0.54x	2.20x	RM-24.28 Million
2021	-6.38%	-6.13%	0.59x	1.78x	RM-29.22 Million
2022	2.04%	3.34%	0.45x	1.35x	RM-22.02 Million
2023	-2.90%	-6.25%	0.32x	1.44x	RM-36.94 Million
2024	0.80%	2.64%	0.27x	1.14x	RM-27.55 Million
2025	1.92%	6.25%	0.26x	1.18x	RM-32.73 Million
2026	1.69%	2.85%	0.50x	1.18x	RM-37.72 Million

Industry Comparison

This section compares Vortex Consolidated Bhd's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

Industry: Information Technology Services
Average net assets among peers: $70,676,977
Average return on equity (ROE) among peers: 0.81%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Vortex Consolidated Bhd (0060)	RM463.38 Million	-31.87%	0.16x	$72.28 Million
NetX Holdings Bhd (0020)	$144.66 Million	-14.37%	0.25x	$11.77 Million
Metronic Global Bhd (0043)	$70.97 Million	-4.04%	0.45x	$1.92 Million
NCT Alliance Bhd (0056)	$49.99 Million	14.79%	0.52x	$305.38 Million
Lyc Healthcare Bhd (0075)	$9.20 Million	-21.64%	1.46x	$1.86 Million
Aldrich Resources Bhd (0079)	$22.35 Million	-5.12%	0.36x	$3.89 Million
Rexit Bhd (0106)	$37.35 Million	21.13%	0.12x	$21.31 Million
Privasia Technology Bhd (0123)	$62.91 Million	-10.03%	0.49x	$12.72 Million
Microlink Solutions Bhd (0126)	$201.74 Million	12.63%	0.50x	$20.19 Million
Diversified Gateway Solutions Bhd (0131)	$36.92 Million	13.98%	1.13x	$15.91 Million

About Vortex Consolidated Bhd

KLSE:0060 Malaysia Information Technology Services

Market Cap

$72.28 Million

RM287.90 Million MYR

Market Cap Rank

#20572 Global

#400 in Malaysia

Share Price

RM0.14

Change (1 day)

+3.70%

52-Week Range

RM0.14 - RM0.16

All Time High

RM4.07