ES Ceramics Technology Bhd (0100) - Net Assets

Latest as of November 2025: RM202.72 Million MYR ≈ $50.90 Million USD

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. Check financial resilience of ES Ceramics Technology Bhd to evaluate the company's liquid asset resilience ratio.

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

ES Ceramics Technology Bhd - Net Assets Trend (2015–2025)

This chart illustrates how ES Ceramics Technology Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 0100 total asset value for the complete picture of this company's asset base.

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 valuation and market cap data, see ES Ceramics Technology Bhd market cap and net worth.

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.

Current Equity Component Breakdown (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
Comelf SA
RO:CMF
$22.19 Million
Naos Emerging Opportunities Company Ltd
AU:NCC
$22.19 Million
Eden Inc Bhd
KLSE:7471
$22.20 Million
Arctic Gold Publ AB
ST:ARCT
$22.21 Million
Recharge Metals Ltd
AU:REC
$22.18 Million
Lung Ming Green Energy Technology Engineering Co Ltd
TW:3018
$22.18 Million
Niocan Inc
V:NIO
$22.18 Million
Kadimastem Ltd
TA:KDST
$22.18 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: 0.45x
  • 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 1.20x to 0.45x 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 RM0.13 x
2017-05-31 RM0.12 RM0.13 x
2018-05-31 RM0.12 RM0.13 x
2019-05-31 RM0.12 RM0.13 x
2020-05-31 RM0.13 RM0.13 x
2021-05-31 RM0.17 RM0.13 x
2022-05-31 RM0.26 RM0.13 x
2023-05-31 RM0.30 RM0.13 x
2024-05-31 RM0.28 RM0.13 x
2025-05-31 RM0.28 RM0.13 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: $246,885,885
  • Average return on equity (ROE) among peers: -1.47%

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 $22.19 Million
Karyon Industries Bhd (0054) $40.18 Million 6.40% 0.24x $16.12 Million
Sersol Bhd (0055) $15.62 Million -4.21% 0.29x $7.07 Million
Asia Poly Holdings Bhd (0105) $141.59 Million -7.03% 0.67x $18.53 Million
Dpi Holdings Berhad (0205) $88.65 Million 5.30% 0.10x $19.25 Million
Comfort Gloves Bhd (2127) $36.31 Million -53.06% 2.00x $20.35 Million
Hexza Corporation Bhd (3298) $221.00 Million 2.71% 0.13x $49.04 Million
Ancom Berhad (4758) $637.05 Million 9.97% 0.96x $232.36 Million
Paos Holdings Bhd (5022) $98.00 Million 2.04% 0.12x $13.19 Million
Hartalega Holdings Bhd (5168) $943.56 Million 24.67% 0.18x $1.12 Billion

About ES Ceramics Technology Bhd

KLSE:0100 Malaysia Specialty Chemicals
Market Cap
$22.19 Million
RM88.39 Million MYR
Market Cap Rank
#24805 Global
#672 in Malaysia
Share Price
RM0.13
Change (1 day)
-3.85%
52-Week Range
RM0.09 - RM0.14
All Time High
RM0.88
About

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