ViTrox Corporation Bhd
ViTrox Corporation Berhad, an investment holding company, designs, manufactures, and sells automated vision inspection equipment and system-on-chip embedded electronics devices for the semiconductor and electronics packaging industries worldwide. The company offers tray-based vision handlers for final inspection on various IC packages handled in tray; post seal vision inspection handlers for reel… Read more
ViTrox Corporation Bhd (0097) - Net Assets
Latest net assets as of December 2025: RM1.13 Billion MYR
Based on the latest financial reports, ViTrox Corporation Bhd (0097) has net assets worth RM1.13 Billion MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.54 Billion) and total liabilities (RM410.88 Million). 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 | RM1.13 Billion |
| % of Total Assets | 73.39% |
| Annual Growth Rate | 20.4% |
| 5-Year Change | 59.28% |
| 10-Year Change | 332.68% |
| Growth Volatility | 11.91 |
ViTrox Corporation Bhd - Net Assets Trend (2006–2025)
This chart illustrates how ViTrox Corporation 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 ViTrox Corporation Bhd (2006–2025)
The table below shows the annual net assets of ViTrox Corporation Bhd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM1.13 Billion | +11.18% |
| 2024-12-31 | RM1.02 Billion | +6.44% |
| 2023-12-31 | RM957.43 Million | +9.60% |
| 2022-12-31 | RM873.58 Million | +22.81% |
| 2021-12-31 | RM711.34 Million | +25.01% |
| 2020-12-31 | RM569.01 Million | +17.96% |
| 2019-12-31 | RM482.39 Million | +16.66% |
| 2018-12-31 | RM413.50 Million | +25.21% |
| 2017-12-31 | RM330.24 Million | +26.11% |
| 2016-12-31 | RM261.86 Million | +25.34% |
| 2015-12-31 | RM208.92 Million | +19.51% |
| 2014-12-31 | RM174.82 Million | +33.23% |
| 2013-12-31 | RM131.22 Million | +14.65% |
| 2012-12-31 | RM114.45 Million | +18.03% |
| 2011-12-31 | RM96.97 Million | +27.11% |
| 2010-12-31 | RM76.28 Million | +55.02% |
| 2009-12-31 | RM49.21 Million | -1.22% |
| 2008-12-31 | RM49.82 Million | +11.73% |
| 2007-12-31 | RM44.59 Million | +34.04% |
| 2006-12-31 | RM33.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ViTrox Corporation 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 6207.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.04 Billion | 92.18% |
| Common Stock | RM68.48 Million | 6.05% |
| Other Comprehensive Income | RM5.93 Million | 0.52% |
| Other Components | RM14.16 Million | 1.25% |
| Total Equity | RM1.13 Billion | 100.00% |
ViTrox Corporation Bhd Competitors by Market Cap
The table below lists competitors of ViTrox Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New York Mortgage Trust Inc
NASDAQ:NYMT
|
$600.27 Million |
|
Critical Metals Corp. Ordinary Shares
NASDAQ:CRML
|
$600.56 Million |
|
POSEIDA THERAP. DL-0001
F:2RZ
|
$600.99 Million |
|
Union Bank of Taiwan
TW:2838
|
$600.99 Million |
|
Systemair AB
ST:SYSR
|
$600.11 Million |
|
Ulker Biskuvi Sanayi AS
IS:ULKER
|
$600.03 Million |
|
Esperion Therapeutics Inc
NASDAQ:ESPR
|
$599.70 Million |
|
Altarea SCA
PINK:ATRRF
|
$599.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ViTrox Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,021,485,000 to 1,132,252,000, a change of 110,767,000 (10.8%).
- Net income of 133,184,000 contributed positively to equity growth.
- Dividend payments of 22,711,000 reduced retained earnings.
- Other comprehensive income decreased equity by 16,292,000.
- Other factors increased equity by 16,586,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM133.18 Million | +11.76% |
| Dividends Paid | RM22.71 Million | -2.01% |
| Other Comprehensive Income | RM-16.29 Million | -1.44% |
| Other Changes | RM16.59 Million | +1.46% |
| Total Change | RM- | 10.84% |
Book Value vs Market Value Analysis
This analysis compares ViTrox Corporation 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: 7.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 239.87x to 7.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | RM0.02 | RM4.29 | x |
| 2007-12-31 | RM0.02 | RM4.29 | x |
| 2008-12-31 | RM0.03 | RM4.29 | x |
| 2009-12-31 | RM0.03 | RM4.29 | x |
| 2010-12-31 | RM0.04 | RM4.29 | x |
| 2011-12-31 | RM0.05 | RM4.29 | x |
| 2012-12-31 | RM0.06 | RM4.29 | x |
| 2013-12-31 | RM0.07 | RM4.29 | x |
| 2014-12-31 | RM0.09 | RM4.29 | x |
| 2015-12-31 | RM0.22 | RM4.29 | x |
| 2016-12-31 | RM0.14 | RM4.29 | x |
| 2017-12-31 | RM0.18 | RM4.29 | x |
| 2018-12-31 | RM0.22 | RM4.29 | x |
| 2019-12-31 | RM0.26 | RM4.29 | x |
| 2020-12-31 | RM0.30 | RM4.29 | x |
| 2021-12-31 | RM0.38 | RM4.29 | x |
| 2022-12-31 | RM0.42 | RM4.29 | x |
| 2023-12-31 | RM0.50 | RM4.29 | x |
| 2024-12-31 | RM0.54 | RM4.29 | x |
| 2025-12-31 | RM0.60 | RM4.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ViTrox Corporation 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): 11.76%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.80%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.36x
- Recent ROE (11.76%) is below the historical average (21.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 28.55% | 39.58% | 0.66x | 1.10x | RM6.17 Million |
| 2007 | 32.36% | 39.89% | 0.72x | 1.13x | RM9.97 Million |
| 2008 | 16.71% | 31.51% | 0.50x | 1.05x | RM3.34 Million |
| 2009 | 3.94% | 10.70% | 0.34x | 1.07x | RM-2.98 Million |
| 2010 | 41.70% | 36.31% | 0.93x | 1.23x | RM24.18 Million |
| 2011 | 22.92% | 28.06% | 0.65x | 1.26x | RM12.53 Million |
| 2012 | 17.90% | 23.06% | 0.61x | 1.27x | RM9.04 Million |
| 2013 | 18.34% | 22.68% | 0.63x | 1.28x | RM10.94 Million |
| 2014 | 28.09% | 28.90% | 0.75x | 1.30x | RM31.63 Million |
| 2015 | 21.21% | 27.65% | 0.63x | 1.22x | RM23.43 Million |
| 2016 | 24.76% | 27.71% | 0.62x | 1.44x | RM38.66 Million |
| 2017 | 25.14% | 25.35% | 0.67x | 1.48x | RM50.00 Million |
| 2018 | 25.51% | 26.73% | 0.69x | 1.39x | RM64.13 Million |
| 2019 | 16.51% | 23.45% | 0.55x | 1.28x | RM31.41 Million |
| 2020 | 18.56% | 22.45% | 0.62x | 1.34x | RM48.72 Million |
| 2021 | 23.84% | 24.95% | 0.72x | 1.33x | RM98.50 Million |
| 2022 | 22.97% | 26.77% | 0.66x | 1.30x | RM113.38 Million |
| 2023 | 13.38% | 22.32% | 0.49x | 1.22x | RM32.41 Million |
| 2024 | 8.85% | 16.36% | 0.46x | 1.18x | RM-11.79 Million |
| 2025 | 11.76% | 15.80% | 0.55x | 1.36x | RM19.96 Million |
Industry Comparison
This section compares ViTrox Corporation Bhd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $237,817,259
- Average return on equity (ROE) among peers: 13.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ViTrox Corporation Bhd (0097) | RM1.13 Billion | 28.55% | 0.36x | $600.16 Million |
| Elsoft Research Bhd (0090) | $138.93 Million | 30.93% | 0.09x | $11.77 Million |
| MMS Ventures Bhd (0113) | $61.33 Million | 12.36% | 0.13x | $3.98 Million |
| VisDynamics Holdings Bhd (0120) | $44.26 Million | 11.45% | 0.22x | $4.78 Million |
| JF Technology BHD (0146) | $134.18 Million | 2.65% | 0.13x | $31.60 Million |
| Inari Amertron Bhd (0166) | $1.38 Billion | 23.99% | 0.32x | $917.68 Million |
| Aemulus Holdings Bhd (0181) | $112.61 Million | 9.28% | 0.41x | $15.51 Million |
| TT Vision Holdings Berhad (0272) | $52.98 Million | 15.74% | 0.53x | $3.84 Million |
| Turiya Bhd (4359) | $122.62 Million | -2.15% | 0.44x | $2.05 Million |
| FoundPac Group Bhd (5277) | $96.01 Million | 16.73% | 0.12x | $15.24 Million |