Solution Engineering Holdings Bhd (0093) - Net Assets
Based on the latest financial reports, Solution Engineering Holdings Bhd (0093) has net assets worth RM68.53 Million MYR (≈ $17.21 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 (RM115.24 Million ≈ $28.93 Million USD) and total liabilities (RM46.71 Million ≈ $11.73 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 asset resilience ratio of Solution Engineering Holdings Bhd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM68.53 Million |
| % of Total Assets | 59.47% |
| Annual Growth Rate | 8.86% |
| 5-Year Change | 1.73% |
| 10-Year Change | N/A |
| Growth Volatility | 39.74 |
Solution Engineering Holdings Bhd - Net Assets Trend (2016–2024)
This chart illustrates how Solution Engineering Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 0093 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Solution Engineering Holdings Bhd (2016–2024)
The table below shows the annual net assets of Solution Engineering Holdings Bhd from 2016 to 2024. For live valuation and market cap data, see Solution Engineering Holdings Bhd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM73.38 Million ≈ $18.42 Million |
-8.31% |
| 2023-12-31 | RM80.03 Million ≈ $20.09 Million |
+12.26% |
| 2022-12-31 | RM71.29 Million ≈ $17.90 Million |
-39.53% |
| 2021-12-31 | RM117.89 Million ≈ $29.60 Million |
+63.43% |
| 2020-12-31 | RM72.14 Million ≈ $18.11 Million |
+91.66% |
| 2019-12-31 | RM37.64 Million ≈ $9.45 Million |
-2.34% |
| 2018-12-31 | RM38.54 Million ≈ $9.68 Million |
-9.31% |
| 2017-12-31 | RM42.49 Million ≈ $10.67 Million |
+14.24% |
| 2016-12-31 | RM37.20 Million ≈ $9.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Solution Engineering 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 348.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM89.44 Million | 121.88% |
| Total Equity | RM73.38 Million | 100.00% |
Solution Engineering Holdings Bhd Competitors by Market Cap
The table below lists competitors of Solution Engineering Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bell Copper Corp
V:BCU
|
$7.90 Million |
|
Innovotech Inc
V:IOT
|
$7.90 Million |
|
Polar Capital Holdings plc
LSE:POLR
|
$7.90 Million |
|
YKGI Holdings Bhd
KLSE:7020
|
$7.91 Million |
|
Asuransi Bina Dana Arta Tbk
JK:ABDA
|
$7.90 Million |
|
Target Healthcare REIT Ltd
LSE:THRL
|
$7.89 Million |
|
Dynasty Gold Corp
V:DYG
|
$7.88 Million |
|
Infobird Co Ltd
NASDAQ:IFBD
|
$7.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solution Engineering Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 80,030,940 to 73,383,360, a change of -6,647,580 (-8.3%).
- Net loss of 6,706,450 reduced equity.
- Dividend payments of 300,000 reduced retained earnings.
- Share repurchases of 68,250 reduced equity.
- New share issuances of 68,250 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-6.71 Million | -9.14% |
| Dividends Paid | RM300.00K | -0.41% |
| Share Repurchases | RM68.25K | -0.09% |
| Share Issuances | RM68.25K | +0.09% |
| Other Changes | RM358.87K | +0.49% |
| Total Change | RM- | -8.31% |
Book Value vs Market Value Analysis
This analysis compares Solution Engineering 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: 0.43x
- 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 0.53x to 0.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.12 | RM0.07 | x |
| 2017-12-31 | RM0.14 | RM0.07 | x |
| 2018-12-31 | RM0.13 | RM0.07 | x |
| 2019-12-31 | RM0.12 | RM0.07 | x |
| 2020-12-31 | RM0.20 | RM0.07 | x |
| 2021-12-31 | RM0.27 | RM0.07 | x |
| 2022-12-31 | RM0.16 | RM0.07 | x |
| 2023-12-31 | RM0.17 | RM0.07 | x |
| 2024-12-31 | RM0.15 | RM0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solution Engineering 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): -9.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.83%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.63x
- Recent ROE (-9.14%) is below the historical average (-1.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 20.57% | 21.64% | 0.77x | 1.24x | RM3.93 Million |
| 2017 | 18.77% | 32.78% | 0.48x | 1.18x | RM3.73 Million |
| 2018 | -8.56% | -25.26% | 0.26x | 1.29x | RM-7.15 Million |
| 2019 | -2.36% | -4.72% | 0.38x | 1.31x | RM-4.65 Million |
| 2020 | -1.28% | -5.11% | 0.22x | 1.15x | RM-8.14 Million |
| 2021 | 27.18% | 10.52% | 1.82x | 1.42x | RM20.26 Million |
| 2022 | -55.72% | -119.65% | 0.38x | 1.24x | RM-46.86 Million |
| 2023 | 0.20% | 0.14% | 1.06x | 1.42x | RM-7.84 Million |
| 2024 | -9.14% | -5.83% | 0.96x | 1.63x | RM-14.04 Million |
Industry Comparison
This section compares Solution Engineering Holdings Bhd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $68,358,000
- Average return on equity (ROE) among peers: 19.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solution Engineering Holdings Bhd (0093) | RM68.53 Million | 20.57% | 0.68x | $7.90 Million |
| Crest Group Berhad (0323) | $54.40 Million | 33.06% | 0.82x | $44.55 Million |
| Amtel Holdings Bhd (7031) | $82.32 Million | 6.29% | 0.22x | $8.51 Million |
About Solution Engineering Holdings Bhd
Solution Group Berhad, an investment holding company, engages in the technology, renewable energy, biotechnology, and healthcare businesses in Malaysia and internationally. The company designs and develops equipment and software for engineering education and research, as well as technical and vocational education and training in the chemical, mechanical, electrical, civil, control engineering, an… Read more