Asdion Bhd (0068) - Net Assets
Based on the latest financial reports, Asdion Bhd (0068) has net assets worth RM47.29 Million MYR (≈ $11.87 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM65.32 Million ≈ $16.40 Million USD) and total liabilities (RM18.03 Million ≈ $4.53 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 0068 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM47.29 Million |
| % of Total Assets | 72.39% |
| Annual Growth Rate | 9.92% |
| 5-Year Change | 481.4% |
| 10-Year Change | N/A |
| Growth Volatility | 61.85 |
Asdion Bhd - Net Assets Trend (2016–2025)
This chart illustrates how Asdion Bhd's net assets have evolved over time, based on quarterly financial data. See Asdion Bhd (0068) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Asdion Bhd (2016–2025)
The table below shows the annual net assets of Asdion Bhd from 2016 to 2025. For live valuation and market cap data, see Asdion Bhd (0068) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM47.42 Million ≈ $11.91 Million |
+73.23% |
| 2024-03-31 | RM27.37 Million ≈ $6.87 Million |
+5.42% |
| 2023-03-31 | RM25.97 Million ≈ $6.52 Million |
+130.68% |
| 2022-03-31 | RM11.26 Million ≈ $2.83 Million |
+38.01% |
| 2021-03-31 | RM8.16 Million ≈ $2.05 Million |
+105.80% |
| 2020-03-31 | RM3.96 Million ≈ $995.03K |
-55.39% |
| 2019-03-31 | RM8.88 Million ≈ $2.23 Million |
-8.22% |
| 2018-03-31 | RM9.68 Million ≈ $2.43 Million |
-18.31% |
| 2017-03-31 | RM11.85 Million ≈ $2.98 Million |
-41.47% |
| 2016-03-31 | RM20.25 Million ≈ $5.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Asdion 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 202.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM41.25 Million | 87.00% |
| Other Components | RM15.00 Million | 31.63% |
| Total Equity | RM47.42 Million | 100.00% |
Asdion Bhd Competitors by Market Cap
The table below lists competitors of Asdion Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anatara Lifesciences Ltd
AU:ANR
|
$1.92 Million |
|
Reliance Global Group, Inc.
NASDAQ:EZRA
|
$1.93 Million |
|
Leapfrog Acquisition Corporation Warrants
NASDAQ:LFACW
|
$1.93 Million |
|
Nortec Minerals Corp
V:NVT
|
$1.93 Million |
|
Metronic Global Bhd
KLSE:0043
|
$1.92 Million |
|
Reinhold Europe AB
WAR:RHD
|
$1.92 Million |
|
Grupo Vasconia S.A.B
MX:VASCONI
|
$1.92 Million |
|
Kwesst Micro Systems Inc
V:KWE
|
$1.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asdion Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,374,520 to 47,419,930, a change of 20,045,410 (73.2%).
- Net income of 5,048,270 contributed positively to equity growth.
- Other factors increased equity by 14,997,140.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.05 Million | +10.65% |
| Other Changes | RM15.00 Million | +31.63% |
| Total Change | RM- | 73.23% |
Book Value vs Market Value Analysis
This analysis compares Asdion 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: 0.16x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | RM0.17 | RM0.02 | x |
| 2017-03-31 | RM0.10 | RM0.02 | x |
| 2018-03-31 | RM0.08 | RM0.02 | x |
| 2019-03-31 | RM0.07 | RM0.02 | x |
| 2020-03-31 | RM0.03 | RM0.02 | x |
| 2021-03-31 | RM0.05 | RM0.02 | x |
| 2022-03-31 | RM0.05 | RM0.02 | x |
| 2023-03-31 | RM0.06 | RM0.02 | x |
| 2024-03-31 | RM0.05 | RM0.02 | x |
| 2025-03-31 | RM0.09 | RM0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asdion 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): 10.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.16%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.30x
- Recent ROE (10.65%) is above the historical average (-38.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -8.60% | -8.78% | 0.56x | 1.75x | RM-3.77 Million |
| 2017 | -65.79% | -103.31% | 0.43x | 1.48x | RM-8.98 Million |
| 2018 | -50.31% | -115.86% | 0.18x | 2.45x | RM-5.84 Million |
| 2019 | -42.32% | -18.52% | 1.34x | 1.70x | RM-4.65 Million |
| 2020 | -124.17% | -129.98% | 0.26x | 3.66x | RM-5.32 Million |
| 2021 | -27.34% | -51.51% | 0.24x | 2.22x | RM-3.05 Million |
| 2022 | -35.97% | -105.49% | 0.10x | 3.52x | RM-5.17 Million |
| 2023 | -14.35% | -73.35% | 0.13x | 1.49x | RM-6.32 Million |
| 2024 | -28.47% | -113.09% | 0.20x | 1.28x | RM-10.53 Million |
| 2025 | 10.65% | 17.16% | 0.48x | 1.30x | RM306.28K |
Industry Comparison
This section compares Asdion Bhd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $2,904,791,051
- Average return on equity (ROE) among peers: 4.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asdion Bhd (0068) | RM47.29 Million | -8.60% | 0.38x | $1.92 Million |
| Digistar Corporation Bhd (0029) | $26.74 Million | 2.36% | 0.76x | $5.51 Million |
| Key Alliance Group Bhd (0036) | $57.64 Million | -29.90% | 1.28x | $2.31 Million |
| MSCM Holdings Bhd (0041) | $54.62 Million | 19.25% | 0.42x | $14.11 Million |
| EA Holdings Bhd (0154) | $134.80 Million | -11.08% | 0.09x | $8.10 Million |
| Sports Toto Berhad (1562) | $1.23 Billion | 17.74% | 2.17x | $430.06 Million |
| Batu Kawan Bhd (1899) | $6.33 Billion | 18.12% | 3.72x | $2.01 Billion |
| Kuala Lumpur Kepong Bhd (2445) | $7.51 Billion | 16.13% | 0.52x | $5.88 Billion |
| Hap Seng Consolidated Bhd (3034) | $8.62 Billion | 13.49% | 1.02x | $1.71 Billion |
| Berjaya Assets Bhd (3239) | $2.18 Billion | -3.73% | 0.61x | $192.69 Million |
About Asdion Bhd
Asdion Berhad, an investment holding company, engages in the logistics, commodity trading, and property development businesses in Malaysia. The company offers logistics services comprising freight forwarding, trucking, stevedoring, and civil earthwork services. It also provides advice for information technology solutions; and develops land and buildings, as well as engages in the stainless steel … Read more