ES Ceramics Technology Bhd Net Assets
ES Ceramics Technology Bhd net assets. Based on the latest financial reports, ES Ceramics Technology Bhd (0100) has net assets worth RM202.72 Million MYR (≈ $50.90 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM328.44 Million ≈ $82.46 Million USD) and total liabilities (RM125.72 Million ≈ $31.56 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 ES Ceramics Technology Bhd annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM202.72 Million |
| % of Total Assets | 61.72% |
| Annual Growth Rate | 19.58% |
| 5-Year Change | 136.33% |
| 10-Year Change | 361.84% |
| Growth Volatility | 20.56 |
Net Assets of ES Ceramics Technology Bhd (2015–2025)
Net assets of ES Ceramics Technology Bhd from 2015 to 2025. This chart illustrates how ES Ceramics Technology Bhd's net assets have evolved over time, based on quarterly financial data. See ES Ceramics Technology Bhd balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for ES Ceramics Technology Bhd (2015–2025)
The table below shows the annual net assets of ES Ceramics Technology Bhd from 2015 to 2025. For live market cap and overall valuation, see 0100 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | RM197.03 Million ≈ $49.47 Million |
+6.38% |
| 2024-05-31 | RM185.22 Million ≈ $46.50 Million |
+15.00% |
| 2023-05-31 | RM161.06 Million ≈ $40.44 Million |
+21.88% |
| 2022-05-31 | RM132.14 Million ≈ $33.18 Million |
+58.50% |
| 2021-05-31 | RM83.37 Million ≈ $20.93 Million |
+57.78% |
| 2020-05-31 | RM52.84 Million ≈ $13.27 Million |
+4.87% |
| 2019-05-31 | RM50.39 Million ≈ $12.65 Million |
+3.10% |
| 2018-05-31 | RM48.87 Million ≈ $12.27 Million |
-2.52% |
| 2017-05-31 | RM50.13 Million ≈ $12.59 Million |
+17.51% |
| 2016-05-31 | RM42.66 Million ≈ $10.71 Million |
+29.45% |
| 2015-05-31 | RM32.96 Million ≈ $8.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ES Ceramics Technology 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 740.6% over the analyzed period, indicating profitable operations and earnings retention.
ES Ceramics Technology Bhd Net Assets Breakdown (May 2025)
ES Ceramics Technology Bhd net assets breakdown by equity component as of May 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM111.39 Million | 56.54% |
| Common Stock | RM85.64 Million | 43.46% |
| Total Equity | RM197.03 Million | 100.00% |
ES Ceramics Technology Bhd Competitors by Market Cap
The table below lists competitors of ES Ceramics Technology Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DKLS Industries Bhd
KLSE:7528
|
$33.75 Million |
|
Qinetiq Group PLC
LSE:QQ
|
$33.75 Million |
|
Suominen Oyj
HE:SUY1V
|
$33.77 Million |
|
Vate Technology Co Ltd
TWO:5344
|
$33.79 Million |
|
Taylor Wimpey PLC
LSE:TW
|
$33.73 Million |
|
Euroholdings Ltd.
NASDAQ:EHLD
|
$33.72 Million |
|
NXT Energy Solutions Inc
TO:SFD
|
$33.72 Million |
|
Communication & System Solution Public Company Limited
BK:CSS
|
$33.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ES Ceramics Technology Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 185,215,283 to 197,029,920, a change of 11,814,637 (6.4%).
- Net income of 6,442,480 contributed positively to equity growth.
- Dividend payments of 3,356,950 reduced retained earnings.
- Share repurchases of 148,500 reduced equity.
- New share issuances of 148,500 increased equity.
- Other factors increased equity by 8,729,107.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM6.44 Million | +3.27% |
| Dividends Paid | RM3.36 Million | -1.7% |
| Share Repurchases | RM148.50K | -0.08% |
| Share Issuances | RM148.50K | +0.08% |
| Other Changes | RM8.73 Million | +4.43% |
| Total Change | RM- | 6.38% |
Book Value vs Market Value Analysis
This analysis compares ES Ceramics Technology 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: 0.68x
- 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 1.83x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-05-31 | RM0.10 | RM0.19 | x |
| 2017-05-31 | RM0.12 | RM0.19 | x |
| 2018-05-31 | RM0.12 | RM0.19 | x |
| 2019-05-31 | RM0.12 | RM0.19 | x |
| 2020-05-31 | RM0.13 | RM0.19 | x |
| 2021-05-31 | RM0.17 | RM0.19 | x |
| 2022-05-31 | RM0.26 | RM0.19 | x |
| 2023-05-31 | RM0.30 | RM0.19 | x |
| 2024-05-31 | RM0.28 | RM0.19 | x |
| 2025-05-31 | RM0.28 | RM0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ES Ceramics Technology 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): 3.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.36%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 1.74x
- Recent ROE (3.27%) is below the historical average (13.07%), 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 | 16.97% | 22.41% | 0.67x | 1.13x | RM2.30 Million |
| 2016 | 17.03% | 24.25% | 0.64x | 1.09x | RM3.00 Million |
| 2017 | 12.62% | 19.02% | 0.61x | 1.09x | RM1.31 Million |
| 2018 | 0.48% | 0.93% | 0.47x | 1.09x | RM-4.65 Million |
| 2019 | 1.56% | 2.42% | 0.58x | 1.11x | RM-4.25 Million |
| 2020 | 4.32% | 6.47% | 0.59x | 1.13x | RM-3.00 Million |
| 2021 | 36.21% | 32.49% | 0.68x | 1.63x | RM21.85 Million |
| 2022 | 36.79% | 41.95% | 0.76x | 1.16x | RM35.40 Million |
| 2023 | 14.17% | 8.41% | 0.91x | 1.86x | RM6.71 Million |
| 2024 | 0.32% | 0.16% | 1.14x | 1.74x | RM-17.93 Million |
| 2025 | 3.27% | 1.36% | 1.38x | 1.74x | RM-13.26 Million |
Industry Comparison
This section compares ES Ceramics Technology Bhd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $676,356,519
- Average return on equity (ROE) among peers: -2.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ES Ceramics Technology Bhd (0100) | RM202.72 Million | 16.97% | 0.62x | $33.73 Million |
| Karyon Industries Bhd (0054) | $26.59 Million | 0.00% | 0.46x | $16.72 Million |
| Sersol Bhd (0055) | $22.15 Million | -57.28% | 0.21x | $7.07 Million |
| Asia Poly Holdings Bhd (0105) | $84.35 Million | -3.38% | 0.29x | $25.15 Million |
| Dpi Holdings Berhad (0205) | $84.96 Million | 3.44% | 0.09x | $19.25 Million |
| Comfort Gloves Bhd (2127) | $70.22 Million | -24.87% | 1.14x | $29.80 Million |
| Hexza Corporation Bhd (3298) | $349.42 Million | 1.75% | 0.04x | $55.23 Million |
| Ancom Berhad (4758) | $362.20 Million | 6.56% | 1.95x | $211.26 Million |
| Paos Holdings Bhd (5022) | $88.21 Million | -3.62% | 0.17x | $11.60 Million |
| Hartalega Holdings Bhd (5168) | $5.00 Billion | 57.72% | 0.37x | $1.07 Billion |
About ES Ceramics Technology Bhd
ES Ceramics Technology Berhad, an investment holding company, engages in the manufacturing of ceramic glove former in China, Germany, Malaysia, Mexico, Sri Lanka, Thailand, and the United States. The company offers examination glove formers, surgical formers, industrial glove formers, household formers, and breathing bag and balloon formers. It also markets and distributes ceramic hand formers fo… Read more