MQ Technology Bhd (0070) - Net Assets
Based on the latest financial reports, MQ Technology Bhd (0070) has net assets worth RM62.07 Million MYR (≈ $15.58 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM80.49 Million ≈ $20.21 Million USD) and total liabilities (RM18.43 Million ≈ $4.63 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 0070 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM62.07 Million |
| % of Total Assets | 77.11% |
| Annual Growth Rate | 10.21% |
| 5-Year Change | 64.87% |
| 10-Year Change | N/A |
| Growth Volatility | 27.62 |
MQ Technology Bhd - Net Assets Trend (2015–2024)
This chart illustrates how MQ Technology Bhd's net assets have evolved over time, based on quarterly financial data. Also explore MQ Technology Bhd (0070) total assets for the complete picture of this company's asset base.
Annual Net Assets for MQ Technology Bhd (2015–2024)
The table below shows the annual net assets of MQ Technology Bhd from 2015 to 2024. For live valuation and market cap data, see market value of MQ Technology Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM64.05 Million ≈ $16.08 Million |
+0.62% |
| 2023-12-31 | RM63.66 Million ≈ $15.98 Million |
-4.12% |
| 2022-12-31 | RM66.40 Million ≈ $16.67 Million |
+51.49% |
| 2021-12-31 | RM43.83 Million ≈ $11.00 Million |
+12.81% |
| 2019-12-31 | RM38.85 Million ≈ $9.75 Million |
-9.58% |
| 2018-12-31 | RM42.97 Million ≈ $10.79 Million |
+3.25% |
| 2017-12-31 | RM41.62 Million ≈ $10.45 Million |
-7.82% |
| 2016-12-31 | RM45.15 Million ≈ $11.34 Million |
+69.14% |
| 2015-12-31 | RM26.69 Million ≈ $6.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MQ Technology 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 1848554400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.74 Million | 2.71% |
| Other Components | RM62.32 Million | 97.29% |
| Total Equity | RM64.05 Million | 100.00% |
MQ Technology Bhd Competitors by Market Cap
The table below lists competitors of MQ Technology Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gulf Marine Services PLC
LSE:GMS
|
$2.72 Million |
|
Discovery Alaska Ltd
AU:DAF
|
$2.72 Million |
|
Vistal Gdynia
WAR:VTL
|
$2.72 Million |
|
GIVOT OLAM OIL EXP ILS1
TA:GIVO-L
|
$2.72 Million |
|
Henry Boot PLC
LSE:BOOT
|
$2.72 Million |
|
CrownHaitai Holdings Co Ltd Preference Shares
KO:005745
|
$2.71 Million |
|
Comanche International Public Company Limited
BK:COMAN
|
$2.71 Million |
|
Namsun Aluminium Co Ltd
KO:008355
|
$2.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MQ Technology Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 63,660,607 to 64,053,474, a change of 392,867 (0.6%).
- Net loss of 11,990,600 reduced equity.
- Share repurchases of 4,862,010 reduced equity.
- New share issuances of 4,862,005 increased equity.
- Other factors increased equity by 12,383,472.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-11.99 Million | -18.72% |
| Share Repurchases | RM4.86 Million | -7.59% |
| Share Issuances | RM4.86 Million | +7.59% |
| Other Changes | RM12.38 Million | +19.33% |
| Total Change | RM- | 0.62% |
Book Value vs Market Value Analysis
This analysis compares MQ Technology 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.
- The price-to-book ratio has decreased from 0.30x to 0.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.17 | RM0.05 | x |
| 2016-12-31 | RM0.11 | RM0.05 | x |
| 2017-12-31 | RM0.10 | RM0.05 | x |
| 2018-12-31 | RM0.09 | RM0.05 | x |
| 2019-12-31 | RM0.05 | RM0.05 | x |
| 2021-12-31 | RM0.05 | RM0.05 | x |
| 2022-12-31 | RM0.05 | RM0.05 | x |
| 2023-12-31 | RM0.05 | RM0.05 | x |
| 2024-12-31 | RM0.31 | RM0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MQ Technology 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): -18.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -110.94%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.20x
- Recent ROE (-18.72%) is below the historical average (-13.14%), 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 | -5.71% | -8.49% | 0.48x | 1.41x | RM-4.19 Million |
| 2016 | -17.83% | -48.02% | 0.29x | 1.29x | RM-12.56 Million |
| 2017 | -7.71% | -12.30% | 0.47x | 1.34x | RM-7.37 Million |
| 2018 | -12.38% | -21.58% | 0.43x | 1.34x | RM-9.62 Million |
| 2019 | -32.47% | -99.77% | 0.29x | 1.13x | RM-16.50 Million |
| 2021 | -3.09% | -12.73% | 0.21x | 1.16x | RM-5.74 Million |
| 2022 | 3.29% | 13.54% | 0.23x | 1.08x | RM-4.46 Million |
| 2023 | -23.66% | -223.19% | 0.10x | 1.05x | RM-21.43 Million |
| 2024 | -18.72% | -110.94% | 0.14x | 1.20x | RM-18.40 Million |
Industry Comparison
This section compares MQ Technology Bhd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $223,009,055
- Average return on equity (ROE) among peers: 4.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MQ Technology Bhd (0070) | RM62.07 Million | -5.71% | 0.30x | $2.72 Million |
| Techfast Holdings Bhd (0084) | $22.99 Million | 13.89% | 0.25x | $4.54 Million |
| Sanichi Technology Bhd (0133) | $259.22 Million | -6.15% | 0.10x | $2.89 Million |
| Chin Well Holdings Bhd (5007) | $448.00 Million | 9.15% | 0.27x | $51.63 Million |
| Tong Herr Resources Bhd (5010) | $589.36 Million | 0.98% | 0.11x | $61.28 Million |
| HPMT Holdings Bhd (5291) | $141.36 Million | 4.67% | 0.26x | $14.85 Million |
| MyTech Group Bhd (7692) | $34.89 Million | 5.72% | 0.11x | $16.07 Million |
| Jasa Kita Bhd (8648) | $65.24 Million | 0.95% | 0.07x | $22.57 Million |
About MQ Technology Bhd
MQ Technology Berhad, an investment holding company, engages in the manufacture and sale of moulds, tools, dies, jigs, and fixtures in Malaysia, Thailand, Ireland, Singapore, and the United States. It designs, develops, and manufactures suspension and progressive tooling, and semiconductor cavity/encapsulation molds for application in hard disk drives and semiconductor industries; and automation … Read more