Techfast Holdings Bhd (0084) - Net Assets
Based on the latest financial reports, Techfast Holdings Bhd (0084) has net assets worth RM57.42 Million MYR (≈ $14.42 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 (RM63.36 Million ≈ $15.91 Million USD) and total liabilities (RM5.94 Million ≈ $1.49 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. Also explore Techfast Holdings Bhd total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM57.42 Million |
| % of Total Assets | 90.62% |
| Annual Growth Rate | 10.91% |
| 5-Year Change | -46.2% |
| 10-Year Change | 153.91% |
| Growth Volatility | 59.58 |
Techfast Holdings Bhd - Net Assets Trend (2015–2025)
This chart illustrates how Techfast Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Techfast Holdings Bhd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Techfast Holdings Bhd (2015–2025)
The table below shows the annual net assets of Techfast Holdings Bhd from 2015 to 2025. For live valuation and market cap data, see Techfast Holdings Bhd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM58.38 Million ≈ $14.66 Million |
-34.54% |
| 2024-12-31 | RM89.18 Million ≈ $22.39 Million |
-18.97% |
| 2023-12-31 | RM110.06 Million ≈ $27.63 Million |
-10.57% |
| 2022-12-31 | RM123.06 Million ≈ $30.90 Million |
+13.41% |
| 2021-12-31 | RM108.51 Million ≈ $27.24 Million |
+190.45% |
| 2020-12-31 | RM37.36 Million ≈ $9.38 Million |
+37.02% |
| 2019-12-31 | RM27.27 Million ≈ $6.85 Million |
+3.86% |
| 2018-12-31 | RM26.25 Million ≈ $6.59 Million |
+6.92% |
| 2017-12-31 | RM24.56 Million ≈ $6.17 Million |
+6.79% |
| 2016-12-31 | RM22.99 Million ≈ $5.77 Million |
+10.92% |
| 2015-12-31 | RM20.73 Million ≈ $5.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Techfast 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 grown by 432.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM21.49 Million | 36.80% |
| Common Stock | RM60.62 Million | 103.82% |
| Total Equity | RM58.38 Million | 100.00% |
Techfast Holdings Bhd Competitors by Market Cap
The table below lists competitors of Techfast Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bladeranger Ltd
TA:BLRN
|
$5.05 Million |
|
Sunshine Biopharma Inc
NASDAQ:SBFM
|
$5.05 Million |
|
2cureX AB
ST:2CUREX
|
$5.06 Million |
|
Harworth Group PLC
LSE:HWG
|
$5.06 Million |
|
Invesco Bond Income Plus Limited
LSE:BIPS
|
$5.04 Million |
|
ASOS Plc
LSE:ASC
|
$5.04 Million |
|
VITAL BATTERY METALS INC
F:C0O
|
$5.04 Million |
|
Throgmorton Trust Plc
LSE:THRG
|
$5.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Techfast Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 89,180,710 to 58,382,000, a change of -30,798,710 (-34.5%).
- Net loss of 23,743,000 reduced equity.
- Other factors decreased equity by 7,055,710.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-23.74 Million | -40.67% |
| Other Changes | RM-7.06 Million | -12.09% |
| Total Change | RM- | -34.54% |
Book Value vs Market Value Analysis
This analysis compares Techfast 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: 0.29x
- 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 0.07x to 0.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.60 | RM0.04 | x |
| 2017-12-31 | RM0.63 | RM0.04 | x |
| 2018-12-31 | RM0.67 | RM0.04 | x |
| 2019-12-31 | RM0.70 | RM0.04 | x |
| 2020-12-31 | RM0.87 | RM0.04 | x |
| 2021-12-31 | RM1.09 | RM0.04 | x |
| 2022-12-31 | RM0.66 | RM0.04 | x |
| 2023-12-31 | RM0.47 | RM0.04 | x |
| 2024-12-31 | RM0.21 | RM0.04 | x |
| 2025-12-31 | RM0.14 | RM0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Techfast 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): -40.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.62%
- • Asset Turnover: 3.52x
- • Equity Multiplier: 1.09x
- Recent ROE (-40.67%) is below the historical average (-1.49%), 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 | 11.38% | 11.98% | 0.77x | 1.23x | RM285.29K |
| 2016 | 13.89% | 14.21% | 0.78x | 1.25x | RM893.31K |
| 2017 | 14.36% | 13.17% | 0.91x | 1.20x | RM1.07 Million |
| 2018 | 15.16% | 13.08% | 0.98x | 1.18x | RM1.35 Million |
| 2019 | 12.85% | 11.87% | 0.91x | 1.19x | RM778.22K |
| 2020 | 5.56% | 9.32% | 0.52x | 1.15x | RM-1.66 Million |
| 2021 | -5.23% | -3.24% | 1.42x | 1.14x | RM-16.53 Million |
| 2022 | -3.65% | -1.65% | 1.95x | 1.14x | RM-16.80 Million |
| 2023 | -16.97% | -4.65% | 3.10x | 1.18x | RM-29.69 Million |
| 2024 | -23.01% | -5.79% | 3.64x | 1.09x | RM-29.44 Million |
| 2025 | -40.67% | -10.62% | 3.52x | 1.09x | RM-29.58 Million |
Industry Comparison
This section compares Techfast Holdings Bhd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $182,760,017
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Techfast Holdings Bhd (0084) | RM57.42 Million | 11.38% | 0.10x | $5.05 Million |
| MQ Technology Bhd (0070) | $42.97 Million | -12.38% | 0.34x | $3.26 Million |
| Sanichi Technology Bhd (0133) | $249.86 Million | -8.03% | 0.22x | $3.09 Million |
| Chin Well Holdings Bhd (5007) | $388.00 Million | 12.37% | 0.51x | $50.19 Million |
| Tong Herr Resources Bhd (5010) | $440.00 Million | 6.82% | 0.54x | $64.37 Million |
| HPMT Holdings Bhd (5291) | $54.82 Million | 22.92% | 0.85x | $14.85 Million |
| MyTech Group Bhd (7692) | $39.05 Million | 2.72% | 0.08x | $16.07 Million |
| Jasa Kita Bhd (8648) | $64.62 Million | 0.03% | 0.04x | $24.27 Million |
About Techfast Holdings Bhd
Fast Energy Holdings Berhad, an investment holding company, engages in oil trading and bunkering services business in Malaysia. It operates through Investment holding; Oil Trading and Bunkering; Renewable Energy; and Smart Devices segments. The company is involved in trading of petroleum and related products; Investment in solar, design, construct, operate solar and trading of any solar related p… Read more