Eduspec Holdings Bhd
Eduspec Holdings Berhad, an investment holding company, develops and provides education technology products and services. It operates through IT Learning, Electrical and Electronics, Investment Holding, and Property Investment segments. The company provides information and communications technology (ICT) learning and robotics programs; science, technology, engineering, and mathematics programs to… Read more
Eduspec Holdings Bhd (0107) - Net Assets
Latest net assets as of June 2025: RM62.86 Million MYR
Based on the latest financial reports, Eduspec Holdings Bhd (0107) has net assets worth RM62.86 Million MYR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM94.93 Million) and total liabilities (RM32.07 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 | RM62.86 Million |
| % of Total Assets | 66.22% |
| Annual Growth Rate | -1.4% |
| 5-Year Change | 32.63% |
| 10-Year Change | -44.52% |
| Growth Volatility | 35.23 |
Eduspec Holdings Bhd - Net Assets Trend (2014–2024)
This chart illustrates how Eduspec Holdings 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 Eduspec Holdings Bhd (2014–2024)
The table below shows the annual net assets of Eduspec Holdings Bhd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | RM55.07 Million | -26.01% |
| 2023-09-30 | RM74.44 Million | +50.26% |
| 2022-09-30 | RM49.54 Million | +1.98% |
| 2021-09-30 | RM48.57 Million | +16.99% |
| 2020-09-30 | RM41.52 Million | +30.54% |
| 2019-09-30 | RM31.81 Million | -56.93% |
| 2018-09-30 | RM73.85 Million | -35.61% |
| 2017-09-30 | RM114.69 Million | -6.22% |
| 2016-09-30 | RM122.30 Million | +23.20% |
| 2015-09-30 | RM99.26 Million | +56.52% |
| 2014-09-30 | RM63.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eduspec 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 9215334000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM147.33 Million | 267.53% |
| Total Equity | RM55.07 Million | 100.00% |
Eduspec Holdings Bhd Competitors by Market Cap
The table below lists competitors of Eduspec Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crest Group Berhad
KLSE:0323
|
$7.97 Million |
|
Paragon Technologies Inc
PINK:PGNT
|
$7.97 Million |
|
ARGO GRAPHENE SOLUTIONS
F:94Y
|
$7.97 Million |
|
ValOre Metals Corp
OTCQB:KVLQF
|
$7.97 Million |
|
Eumundi Group Ltd
AU:EBG
|
$7.97 Million |
|
Polarean Imaging plc
PINK:PLLWF
|
$7.97 Million |
|
Comvex SA
RO:CMVX
|
$7.96 Million |
|
Pesona Metro Holdings Bhd
KLSE:8311
|
$7.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eduspec Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 74,436,250 to 55,072,340, a change of -19,363,910 (-26.0%).
- Net loss of 33,013,650 reduced equity.
- Share repurchases of 14,419,870 reduced equity.
- New share issuances of 14,371,000 increased equity.
- Other factors increased equity by 13,698,610.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-33.01 Million | -59.95% |
| Share Repurchases | RM14.42 Million | -26.18% |
| Share Issuances | RM14.37 Million | +26.09% |
| Other Changes | RM13.70 Million | +24.87% |
| Total Change | RM- | -26.01% |
Book Value vs Market Value Analysis
This analysis compares Eduspec 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: 2.89x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.02x to 2.89x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-09-30 | RM5.38 | RM0.12 | x |
| 2017-09-30 | RM4.92 | RM0.12 | x |
| 2018-09-30 | RM2.68 | RM0.12 | x |
| 2019-09-30 | RM0.19 | RM0.12 | x |
| 2020-09-30 | RM0.11 | RM0.12 | x |
| 2021-09-30 | RM0.08 | RM0.12 | x |
| 2022-09-30 | RM0.08 | RM0.12 | x |
| 2023-09-30 | RM0.06 | RM0.12 | x |
| 2024-09-30 | RM0.04 | RM0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eduspec 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): -59.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -79.37%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.64x
- Recent ROE (-59.95%) is below the historical average (-35.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 10.03% | 10.82% | 0.73x | 1.28x | RM17.65K |
| 2015 | 10.03% | 12.90% | 0.57x | 1.37x | RM29.49K |
| 2016 | 3.78% | 5.55% | 0.43x | 1.58x | RM-7.61 Million |
| 2017 | -10.57% | -22.32% | 0.25x | 1.87x | RM-23.60 Million |
| 2018 | -70.03% | -97.48% | 0.38x | 1.89x | RM-59.10 Million |
| 2019 | -170.62% | -258.20% | 0.21x | 3.18x | RM-57.45 Million |
| 2020 | -56.49% | -253.84% | 0.09x | 2.47x | RM-27.61 Million |
| 2021 | -26.89% | -149.33% | 0.08x | 2.12x | RM-17.92 Million |
| 2022 | -1.59% | -8.80% | 0.09x | 2.03x | RM-5.74 Million |
| 2023 | -13.51% | -45.61% | 0.19x | 1.53x | RM-17.50 Million |
| 2024 | -59.95% | -79.37% | 0.46x | 1.64x | RM-38.52 Million |
Industry Comparison
This section compares Eduspec Holdings Bhd's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $90,606,217
- Average return on equity (ROE) among peers: 28.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eduspec Holdings Bhd (0107) | RM62.86 Million | 10.03% | 0.51x | $7.97 Million |
| SMRT Holdings Bhd (0117) | $95.76 Million | 28.90% | 0.18x | $7.33 Million |
| Peoplelogy Berhad (0356) | $34.50 Million | 15.85% | 0.23x | $6.39 Million |
| Minda Global Bhd (5166) | $202.62 Million | 1.73% | 1.21x | $8.84 Million |
| Awanbiru Technology Bhd (5204) | $29.01 Million | 52.10% | 0.52x | $31.24 Million |
| SEG International Bhd (9792) | $91.14 Million | 44.09% | 1.90x | $31.88 Million |