AT Systematization Bhd (0072) - Net Assets

Latest as of December 2025: RM147.38 Million MYR ≈ $37.00 Million USD

Based on the latest financial reports, AT Systematization Bhd (0072) has net assets worth RM147.38 Million MYR (≈ $37.00 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 (RM183.38 Million ≈ $46.04 Million USD) and total liabilities (RM36.00 Million ≈ $9.04 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 AT Systematization Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM147.38 Million
% of Total Assets	80.37%
Annual Growth Rate	13.78%
5-Year Change	-59.21%
10-Year Change	253.64%
Growth Volatility	200.75

AT Systematization Bhd - Net Assets Trend (2015–2025)

This chart illustrates how AT Systematization Bhd's net assets have evolved over time, based on quarterly financial data. Also explore how large is AT Systematization Bhd's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for AT Systematization Bhd (2015–2025)

The table below shows the annual net assets of AT Systematization Bhd from 2015 to 2025. For live valuation and market cap data, see AT Systematization Bhd (0072) total market value.

Year	Net Assets	Change
2025-03-31	RM150.81 Million ≈ $37.86 Million	-6.84%
2024-03-31	RM161.89 Million ≈ $40.65 Million	-37.08%
2023-03-31	RM257.28 Million ≈ $64.59 Million	-23.71%
2022-03-31	RM337.22 Million ≈ $84.66 Million	-8.80%
2021-03-31	RM369.77 Million ≈ $92.84 Million	+659.87%
2020-03-31	RM48.66 Million ≈ $12.22 Million	-20.95%
2019-03-31	RM61.56 Million ≈ $15.46 Million	-16.66%
2018-03-31	RM73.87 Million ≈ $18.55 Million	+20.03%
2017-03-31	RM61.54 Million ≈ $15.45 Million	+44.31%
2016-03-31	RM42.65 Million ≈ $10.71 Million	+2.88%
2015-03-31	RM41.45 Million ≈ $10.41 Million	--

Equity Component Analysis

This analysis shows how different components contribute to AT Systematization 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 7148103000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Other Components	RM237.95 Million	157.78%
Total Equity	RM150.81 Million	100.00%

AT Systematization Bhd Competitors by Market Cap

The table below lists competitors of AT Systematization Bhd ranked by their market capitalization.

Company	Market Cap
MOJ S.A WAR:MOJ	$4.60 Million
Manugraph India Limited NSE:MANUGRAPH	$4.60 Million
Asia Fiber Public Company Limited BK:AFC	$4.60 Million
Bold Ventures Inc V:BOL	$4.61 Million
Tlou Energy Ltd AU:TOU	$4.59 Million
Beowulf Mining PLC ST:BEO-SDB	$4.59 Million
Lixiang Education Holding Co Ltd NASDAQ:LXEH	$4.59 Million
Tatton Asset Management plc LSE:TAM	$4.59 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 161,891,179 to 150,812,000, a change of -11,079,179 (-6.8%).
Net income of 7,845,000 contributed positively to equity growth.
New share issuances of 468,000 increased equity.
Other factors decreased equity by 19,392,179.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM7.84 Million	+5.2%
Share Issuances	RM468.00K	+0.31%
Other Changes	RM-19.39 Million	-12.86%
Total Change	RM-	-6.84%

Book Value vs Market Value Analysis

This analysis compares AT Systematization 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: 0.12x
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 0.38x to 0.12x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-03-31	RM0.21	RM0.08	x
2018-03-31	RM0.18	RM0.08	x
2019-03-31	RM0.13	RM0.08	x
2020-03-31	RM0.10	RM0.08	x
2021-03-31	RM0.02	RM0.08	x
2022-03-31	RM0.01	RM0.08	x
2023-03-31	RM0.04	RM0.08	x
2024-03-31	RM0.72	RM0.08	x
2025-03-31	RM0.66	RM0.08	x

Capital Efficiency Dashboard

This dashboard shows how efficiently AT Systematization 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): 5.20%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 25.21%
• Asset Turnover: 0.16x
• Equity Multiplier: 1.26x
Recent ROE (5.20%) is above the historical average (-17.57%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	1.72%	3.05%	0.43x	1.30x	RM-3.43 Million
2016	-5.96%	-14.62%	0.29x	1.40x	RM-6.81 Million
2017	-16.42%	-55.40%	0.22x	1.37x	RM-16.26 Million
2018	-7.62%	-24.38%	0.26x	1.21x	RM-13.01 Million
2019	-14.21%	-42.43%	0.25x	1.33x	RM-14.90 Million
2020	-31.54%	-77.63%	0.27x	1.49x	RM-20.21 Million
2021	-5.55%	-66.38%	0.08x	1.06x	RM-57.51 Million
2022	-36.79%	-158.78%	0.17x	1.39x	RM-157.78 Million
2023	-32.16%	-136.10%	0.17x	1.38x	RM-108.47 Million
2024	-49.95%	-248.16%	0.15x	1.32x	RM-97.05 Million
2025	5.20%	25.21%	0.16x	1.26x	RM-7.24 Million

Industry Comparison

This section compares AT Systematization Bhd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $156,150,975
Average return on equity (ROE) among peers: 10.12%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
AT Systematization Bhd (0072)	RM147.38 Million	1.72%	0.24x	$4.60 Million
YBS International Bhd (0025)	$55.16 Million	4.17%	0.60x	$14.42 Million
Genetec Technology Bhd (0104)	$52.58 Million	13.32%	1.14x	$44.34 Million
Boilermech Holdings Bhd (0168)	$204.18 Million	13.02%	0.57x	$224.49 Million
HLT Global Bhd (0188)	$125.19 Million	-42.71%	0.84x	$7.88 Million
Greatech Technology Bhd (0208)	$586.77 Million	22.48%	0.61x	$1.50 Billion
Aimflex Bhd (0209)	$71.29 Million	10.69%	0.18x	$28.96 Million
Flexidynamic Holdings Bhd (0231)	$20.86 Million	22.08%	0.77x	$9.78 Million
ECA (0267)	$2.90 Million	47.28%	2.34x	$24.71 Million
Luster Industries Bhd (5068)	$286.43 Million	0.74%	0.89x	$26.10 Million

About AT Systematization Bhd

KLSE:0072 Malaysia Specialty Industrial Machinery

Market Cap

$4.60 Million

RM18.30 Million MYR

Market Cap Rank

#28524 Global

#941 in Malaysia

Share Price

RM0.08

Change (1 day)

-5.88%

52-Week Range

RM0.07 - RM0.13

All Time High

RM8.10