Rexit Bhd
OpenMove AI Berhad, an investment holding company, provides software solutions and related services for the general insurance, Takaful, unit trust, and financial services industries in Malaysia, Hong Kong, China, and internationally. The company offers e-Cover, an online transaction portal; Agency Portal, a web based mobile responsive portal which provides comprehensive digital solution; and Inte… Read more
Rexit Bhd (0106) - Net Assets
Latest net assets as of September 2025: RM52.04 Million MYR
Based on the latest financial reports, Rexit Bhd (0106) has net assets worth RM52.04 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM66.94 Million) and total liabilities (RM14.90 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 | RM52.04 Million |
| % of Total Assets | 77.74% |
| Annual Growth Rate | 6.56% |
| 5-Year Change | 40.22% |
| 10-Year Change | N/A |
| Growth Volatility | 4.4 |
Rexit Bhd - Net Assets Trend (2016–2025)
This chart illustrates how Rexit 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 Rexit Bhd (2016–2025)
The table below shows the annual net assets of Rexit Bhd from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM57.07 Million | +15.10% |
| 2023-06-30 | RM49.58 Million | +11.06% |
| 2022-06-30 | RM44.64 Million | -0.01% |
| 2021-06-30 | RM44.65 Million | +9.70% |
| 2020-06-30 | RM40.70 Million | +8.97% |
| 2019-06-30 | RM37.35 Million | +3.59% |
| 2018-06-30 | RM36.05 Million | +6.01% |
| 2017-06-30 | RM34.01 Million | +5.57% |
| 2016-06-30 | RM32.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rexit 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 162.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM46.33 Million | 81.18% |
| Common Stock | RM18.93 Million | 33.18% |
| Total Equity | RM57.07 Million | 100.00% |
Rexit Bhd Competitors by Market Cap
The table below lists competitors of Rexit Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GELSENWASSER - Dusseldorf Stock Exchang
DU:WWG
|
$4.95 Million |
|
Ming Shing Group Holdings Limited Ordinary Shares
NASDAQ:MSW
|
$4.96 Million |
|
Resource Mining Corporation Ltd
AU:RMI
|
$4.96 Million |
|
General Engineering Public Company Limited
BK:GEL
|
$4.96 Million |
|
Autonomix Medical, Inc. Common Stock
NASDAQ:AMIX
|
$4.95 Million |
|
Ingress Industrial (Thailand) Public Company Limited
BK:INGRS
|
$4.95 Million |
|
XIAO-I Corporation American Depositary Shares
NASDAQ:AIXI
|
$4.95 Million |
|
Przedsiebiorstwo Przemyslu Spozywczego PEPEES S.A.
WAR:PPS
|
$4.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rexit Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2025, total equity changed from 49,581,880 to 57,067,860, a change of 7,485,980 (15.1%).
- Net income of 16,625,980 contributed positively to equity growth.
- Dividend payments of 8,660,790 reduced retained earnings.
Equity Change Factors (2023 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM16.63 Million | +29.13% |
| Dividends Paid | RM8.66 Million | -15.18% |
| Other Changes | RM-479.21K | -0.84% |
| Total Change | RM- | 15.10% |
Book Value vs Market Value Analysis
This analysis compares Rexit 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: 1.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.23x to 1.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM0.18 | RM0.58 | x |
| 2017-06-30 | RM0.19 | RM0.58 | x |
| 2018-06-30 | RM0.20 | RM0.58 | x |
| 2019-06-30 | RM0.21 | RM0.58 | x |
| 2020-06-30 | RM0.23 | RM0.58 | x |
| 2021-06-30 | RM0.26 | RM0.58 | x |
| 2022-06-30 | RM0.26 | RM0.58 | x |
| 2023-06-30 | RM0.29 | RM0.58 | x |
| 2025-06-30 | RM0.33 | RM0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rexit 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): 29.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.43%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.27x
- Recent ROE (29.13%) is above the historical average (22.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.29% | 36.39% | 0.52x | 1.12x | RM3.64 Million |
| 2017 | 22.20% | 36.69% | 0.55x | 1.09x | RM4.15 Million |
| 2018 | 21.79% | 35.98% | 0.56x | 1.08x | RM4.25 Million |
| 2019 | 21.13% | 34.73% | 0.54x | 1.12x | RM4.16 Million |
| 2020 | 23.38% | 37.25% | 0.57x | 1.11x | RM5.45 Million |
| 2021 | 22.16% | 39.23% | 0.51x | 1.10x | RM5.43 Million |
| 2022 | 20.39% | 34.74% | 0.53x | 1.11x | RM4.64 Million |
| 2023 | 22.20% | 40.33% | 0.50x | 1.11x | RM6.05 Million |
| 2025 | 29.13% | 34.43% | 0.67x | 1.27x | RM10.92 Million |
Industry Comparison
This section compares Rexit Bhd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $100,722,900
- Average return on equity (ROE) among peers: -1.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rexit Bhd (0106) | RM52.04 Million | 21.29% | 0.29x | $4.95 Million |
| NetX Holdings Bhd (0020) | $126.46 Million | -12.36% | 0.27x | $4.06 Million |
| Metronic Global Bhd (0043) | $117.53 Million | -17.40% | 0.38x | $1.70 Million |
| NCT Alliance Bhd (0056) | $74.47 Million | 10.52% | 0.38x | $62.35 Million |
| Vortex Consolidated Bhd (0060) | $312.11 Million | 0.76% | 0.09x | $20.06 Million |
| Lyc Healthcare Bhd (0075) | $9.20 Million | -21.64% | 1.46x | $1.11 Million |
| Aldrich Resources Bhd (0079) | $22.35 Million | -5.12% | 0.36x | $2.20 Million |
| Privasia Technology Bhd (0123) | $80.44 Million | 0.14% | 0.68x | $4.58 Million |
| Microlink Solutions Bhd (0126) | $119.48 Million | 26.58% | 0.72x | $15.73 Million |
| Diversified Gateway Solutions Bhd (0131) | $44.48 Million | 0.94% | 0.92x | $6.51 Million |