YGL Convergence Bhd (0086) - Net Assets
Based on the latest financial reports, YGL Convergence Bhd (0086) has net assets worth RM14.87 Million MYR (≈ $3.73 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 (RM18.46 Million ≈ $4.64 Million USD) and total liabilities (RM3.59 Million ≈ $901.70K 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 YGL Convergence Bhd (0086) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM14.87 Million |
| % of Total Assets | 80.55% |
| Annual Growth Rate | 1.09% |
| 5-Year Change | 20.58% |
| 10-Year Change | N/A |
| Growth Volatility | 20.1 |
YGL Convergence Bhd - Net Assets Trend (2015–2024)
This chart illustrates how YGL Convergence Bhd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of YGL Convergence Bhd for the complete picture of this company's asset base.
Annual Net Assets for YGL Convergence Bhd (2015–2024)
The table below shows the annual net assets of YGL Convergence Bhd from 2015 to 2024. For live valuation and market cap data, see YGL Convergence Bhd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM15.70 Million ≈ $3.94 Million |
+1.78% |
| 2023-12-31 | RM15.42 Million ≈ $3.87 Million |
+38.03% |
| 2022-12-31 | RM11.17 Million ≈ $2.81 Million |
-14.79% |
| 2021-12-31 | RM13.11 Million ≈ $3.29 Million |
+0.73% |
| 2020-12-31 | RM13.02 Million ≈ $3.27 Million |
+2.22% |
| 2019-12-31 | RM12.74 Million ≈ $3.20 Million |
-23.88% |
| 2018-12-31 | RM16.73 Million ≈ $4.20 Million |
-12.02% |
| 2017-12-31 | RM19.02 Million ≈ $4.77 Million |
+36.34% |
| 2016-12-31 | RM13.95 Million ≈ $3.50 Million |
-2.02% |
| 2015-12-31 | RM14.24 Million ≈ $3.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to YGL Convergence 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 1191125000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM3.87 Million | 24.68% |
| Common Stock | RM11.82 Million | 75.32% |
| Total Equity | RM15.70 Million | 100.00% |
YGL Convergence Bhd Competitors by Market Cap
The table below lists competitors of YGL Convergence Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oberstdorfer Bergbahn AG
MU:KVO
|
$5.16 Million |
|
abrdn Asian Income Fund Limited
LSE:AAIF
|
$5.17 Million |
|
Vintage Energy Ltd
AU:VEN
|
$5.17 Million |
|
Megapower Makmur TBK PT
JK:MPOW
|
$5.17 Million |
|
Willow Biosciences Inc
TO:WLLW
|
$5.15 Million |
|
Mask Investments Limited
NSE:MASKINVEST
|
$5.14 Million |
|
Mainz Biomed N.V.
NASDAQ:QUCY
|
$5.14 Million |
|
Rayong Wire Industries Public Company Limited
BK:RWI
|
$5.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YGL Convergence Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,664,944 to 15,698,300, a change of 33,356 (0.2%).
- Net income of 2,426,540 contributed positively to equity growth.
- Share repurchases of 354,220 reduced equity.
- New share issuances of 336,385 increased equity.
- Other factors decreased equity by 2,375,349.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.43 Million | +15.46% |
| Share Repurchases | RM354.22K | -2.26% |
| Share Issuances | RM336.38K | +2.14% |
| Other Changes | RM-2.38 Million | -15.13% |
| Total Change | RM- | 0.21% |
Book Value vs Market Value Analysis
This analysis compares YGL Convergence 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: 1.31x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.04x to 1.31x 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 | RM0.07 | RM0.08 | x |
| 2017-12-31 | RM0.08 | RM0.08 | x |
| 2018-12-31 | RM0.07 | RM0.08 | x |
| 2019-12-31 | RM0.05 | RM0.08 | x |
| 2020-12-31 | RM0.05 | RM0.08 | x |
| 2021-12-31 | RM0.05 | RM0.08 | x |
| 2022-12-31 | RM0.04 | RM0.08 | x |
| 2023-12-31 | RM0.06 | RM0.08 | x |
| 2024-12-31 | RM0.06 | RM0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YGL Convergence 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): 15.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.14%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.22x
- Recent ROE (15.46%) is above the historical average (-6.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -1.40% | -3.03% | 0.37x | 1.26x | RM-1.62 Million |
| 2016 | -2.12% | -6.04% | 0.28x | 1.26x | RM-1.69 Million |
| 2017 | -1.73% | -6.05% | 0.25x | 1.16x | RM-2.23 Million |
| 2018 | -13.68% | -66.74% | 0.18x | 1.14x | RM-3.96 Million |
| 2019 | -57.73% | -165.41% | 0.30x | 1.16x | RM-8.63 Million |
| 2020 | 1.47% | 3.51% | 0.36x | 1.16x | RM-1.11 Million |
| 2021 | -0.59% | -0.56% | 0.79x | 1.34x | RM-1.39 Million |
| 2022 | -11.86% | -11.20% | 0.74x | 1.43x | RM-2.44 Million |
| 2023 | 3.83% | 5.45% | 0.51x | 1.38x | RM-966.83K |
| 2024 | 15.46% | 15.14% | 0.83x | 1.22x | RM856.71K |
Industry Comparison
This section compares YGL Convergence Bhd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $68,403,989
- Average return on equity (ROE) among peers: 3.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| YGL Convergence Bhd (0086) | RM14.87 Million | -1.40% | 0.24x | $5.15 Million |
| Pineapple Resources Bhd (0006) | $26.14 Million | 0.09% | 0.10x | $10.29 Million |
| Artroniq Berhad (0038) | $42.49 Million | -18.43% | 1.22x | $15.77 Million |
| Vsolar Group Bhd (0066) | $15.07 Million | -10.21% | 0.08x | $4.99 Million |
| QES Group Bhd (0196) | $46.53 Million | 32.29% | 1.44x | $89.94 Million |
| Radiant Globaltech Bhd (0202) | $58.62 Million | 5.11% | 0.26x | $32.78 Million |
| Aco Group Bhd (0218) | $92.10 Million | 3.28% | 0.72x | $13.95 Million |
| SNS (0259) | $43.34 Million | 17.96% | 3.17x | $197.74 Million |
| Marco Holdings Bhd (3514) | $190.65 Million | 7.23% | 0.07x | $26.47 Million |
| Compugates Holdings Bhd (5037) | $100.70 Million | -7.10% | 0.70x | $22.79 Million |
About YGL Convergence Bhd
Ygl Convergence Berhad, an investment holding company, engages in the provision on management services and sale of computer hardware primarily in Malaysia and other Asia Pacific countries. It operates through Software Implementation, Solar Panel Installation, and Investment Holding segments. The Software Implementation segment offers software installation, commissioning, support, and maintenance … Read more