Mega Sun City Holdings Bhd
Rekatech Capital Berhad, an investment holding company, provides project management and property investment services in Malaysia. The company offers project design evaluation, project value engineering, and project construction management services for commercial and residential property development industries. It engages in the trading of building and construction materials, and steel; supply of … Read more
Mega Sun City Holdings Bhd (0081) - Net Assets
Latest net assets as of September 2025: RM42.63 Million MYR
Based on the latest financial reports, Mega Sun City Holdings Bhd (0081) has net assets worth RM42.63 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM43.18 Million) and total liabilities (RM551.00K). 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 | RM42.63 Million |
| % of Total Assets | 98.72% |
| Annual Growth Rate | -0.88% |
| 5-Year Change | -34.02% |
| 10-Year Change | N/A |
| Growth Volatility | 14.21 |
Mega Sun City Holdings Bhd - Net Assets Trend (2015–2024)
This chart illustrates how Mega Sun City Holdings 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 Mega Sun City Holdings Bhd (2015–2024)
The table below shows the annual net assets of Mega Sun City Holdings Bhd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM43.11 Million | -15.18% |
| 2023-12-31 | RM50.82 Million | -3.14% |
| 2022-12-31 | RM52.47 Million | -21.97% |
| 2021-12-31 | RM67.25 Million | +2.93% |
| 2020-12-31 | RM65.34 Million | +15.53% |
| 2019-12-31 | RM56.55 Million | -12.28% |
| 2018-12-31 | RM64.47 Million | +1.00% |
| 2017-12-31 | RM63.83 Million | +24.42% |
| 2016-12-31 | RM51.30 Million | +9.87% |
| 2015-12-31 | RM46.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mega Sun City Holdings 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 268.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM90.47 Million | 209.87% |
| Total Equity | RM43.11 Million | 100.00% |
Mega Sun City Holdings Bhd Competitors by Market Cap
The table below lists competitors of Mega Sun City Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TTM TECHNOLOGIES - Dusseldorf Stock Exchang
DU:TT1
|
$775.07K |
|
CARACAL GOLD PLC LS-001
F:6IK
|
$775.15K |
|
Parkd Ltd
AU:PKD
|
$775.95K |
|
Shirpur Gold Refinery Limited
NSE:SHIRPUR-G
|
$776.36K |
|
Constellation Technologies Ltd
AU:CT1
|
$773.65K |
|
Labrador Technologies Inc
V:LTX
|
$773.02K |
|
Robeco Sust Global Stars Eqs Fd – EUR E
AS:ROBA
|
$772.84K |
|
Procyon Corporation
PINK:PCYN
|
$771.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mega Sun City Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 50,823,627 to 43,107,326, a change of -7,716,301 (-15.2%).
- Net loss of 7,716,301 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-7.72 Million | -17.9% |
| Total Change | RM- | -15.18% |
Book Value vs Market Value Analysis
This analysis compares Mega Sun City Holdings 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: 0.27x
- 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 0.08x to 0.27x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.25 | RM0.02 | x |
| 2016-12-31 | RM0.27 | RM0.02 | x |
| 2017-12-31 | RM0.29 | RM0.02 | x |
| 2018-12-31 | RM0.29 | RM0.02 | x |
| 2019-12-31 | RM0.23 | RM0.02 | x |
| 2020-12-31 | RM0.12 | RM0.02 | x |
| 2021-12-31 | RM0.11 | RM0.02 | x |
| 2022-12-31 | RM0.09 | RM0.02 | x |
| 2023-12-31 | RM0.09 | RM0.02 | x |
| 2024-12-31 | RM0.07 | RM0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mega Sun City Holdings 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): -17.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -168.84%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.02x
- Recent ROE (-17.90%) is below the historical average (-9.32%), 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 | 9.08% | 40.25% | 0.21x | 1.06x | RM-427.42K |
| 2016 | 8.28% | 39.92% | 0.15x | 1.35x | RM-881.97K |
| 2017 | 5.86% | 41.03% | 0.13x | 1.08x | RM-2.64 Million |
| 2018 | 1.63% | 17.17% | 0.09x | 1.05x | RM-5.40 Million |
| 2019 | -19.31% | -192.99% | 0.10x | 1.04x | RM-16.58 Million |
| 2020 | -44.66% | -240.04% | 0.18x | 1.02x | RM-35.71 Million |
| 2021 | -4.77% | -20.86% | 0.23x | 1.01x | RM-9.93 Million |
| 2022 | -28.16% | -327.40% | 0.08x | 1.02x | RM-20.02 Million |
| 2023 | -3.25% | -35.69% | 0.09x | 1.01x | RM-6.73 Million |
| 2024 | -17.90% | -168.84% | 0.10x | 1.02x | RM-12.03 Million |
Industry Comparison
This section compares Mega Sun City Holdings Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $71,166,184
- Average return on equity (ROE) among peers: 8.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mega Sun City Holdings Bhd (0081) | RM42.63 Million | 9.08% | 0.01x | $774.65K |
| Southern Score Builders Berhad (0045) | $148.98 Million | 16.99% | 0.33x | $103.36 Million |
| Waja Konsortium Bhd (0102) | $33.07 Million | -28.61% | 0.43x | $4.69 Million |
| Kelington Group Bhd (0151) | $53.82 Million | 11.30% | 1.03x | $547.77 Million |
| Widad Group Bhd (0162) | $26.28 Million | -3.31% | 1.19x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $136.35 Million | -12.43% | 0.39x | $1.72 Million |
| HSS Engineers Bhd (0185) | $35.94 Million | 28.20% | 1.15x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $43.36 Million | 12.08% | 0.28x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $152.07 Million | 6.28% | 1.80x | $18.82 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $87.38 Million |