MMS Ventures Bhd
MMS Ventures Berhad, an investment holding company, manufactures and sells automated systems and machinery for LED, semiconductor, and the OEM/ODM markets in Malaysia, the United States, Europe, Asia, and Australia. The company operates through two segments, Manufacture of Automated Systems and Machinery; and Development of Software. It also designs and manufactures automation solutions for backe… Read more
MMS Ventures Bhd (0113) - Net Assets
Latest net assets as of December 2025: RM66.55 Million MYR
Based on the latest financial reports, MMS Ventures Bhd (0113) has net assets worth RM66.55 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM70.53 Million) and total liabilities (RM3.98 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 | RM66.55 Million |
| % of Total Assets | 94.36% |
| Annual Growth Rate | 5.08% |
| 5-Year Change | 0.37% |
| 10-Year Change | 60.87% |
| Growth Volatility | 15.58 |
MMS Ventures Bhd - Net Assets Trend (2006–2025)
This chart illustrates how MMS Ventures 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 MMS Ventures Bhd (2006–2025)
The table below shows the annual net assets of MMS Ventures Bhd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM66.55 Million | +2.94% |
| 2024-12-31 | RM64.65 Million | -1.08% |
| 2023-12-31 | RM65.36 Million | -9.45% |
| 2022-12-31 | RM72.18 Million | +8.86% |
| 2021-12-31 | RM66.30 Million | +11.74% |
| 2020-12-31 | RM59.34 Million | -3.25% |
| 2019-12-31 | RM61.33 Million | +6.18% |
| 2018-12-31 | RM57.76 Million | -0.54% |
| 2017-12-31 | RM58.07 Million | +40.38% |
| 2016-12-31 | RM41.37 Million | +16.59% |
| 2015-12-31 | RM35.48 Million | +12.99% |
| 2014-12-31 | RM31.40 Million | +39.09% |
| 2013-12-31 | RM22.58 Million | +28.60% |
| 2012-12-31 | RM17.55 Million | -8.22% |
| 2011-12-31 | RM19.13 Million | +0.28% |
| 2010-12-31 | RM19.07 Million | +2.18% |
| 2009-12-31 | RM18.67 Million | -20.68% |
| 2008-12-31 | RM23.53 Million | -3.47% |
| 2007-12-31 | RM24.38 Million | -6.09% |
| 2006-12-31 | RM25.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MMS Ventures 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 4802255400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM48.02 Million | 72.16% |
| Common Stock | RM24.24 Million | 36.42% |
| Other Comprehensive Income | RM2.01 Million | 3.03% |
| Total Equity | RM66.55 Million | 100.00% |
MMS Ventures Bhd Competitors by Market Cap
The table below lists competitors of MMS Ventures Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Believe SAS
PA:BLV
|
$4.05 Million |
|
American Uranium Ltd
AU:AMU
|
$4.05 Million |
|
G-Yen Hutong Co., Ltd.
TWO:2761
|
$4.05 Million |
|
LTKM Bhd
KLSE:7085
|
$4.05 Million |
|
Render Cube S.A.
WAR:RND
|
$4.05 Million |
|
Dhunseri Tea & Industries Limited
NSE:DTIL
|
$4.05 Million |
|
East Side Games Group Inc
TO:EAGR
|
$4.05 Million |
|
5E ADVANCED MATERIALS CDI
F:J9I0
|
$4.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MMS Ventures Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 64,650,699 to 66,548,512, a change of 1,897,813 (2.9%).
- Net income of 2,472,232 contributed positively to equity growth.
- Share repurchases of 677,403 reduced equity.
- Other comprehensive income increased equity by 2,014,799.
- Other factors decreased equity by 1,911,815.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.47 Million | +3.71% |
| Share Repurchases | RM677.40K | -1.02% |
| Other Comprehensive Income | RM2.01 Million | +3.03% |
| Other Changes | RM-1.91 Million | -2.87% |
| Total Change | RM- | 2.94% |
Book Value vs Market Value Analysis
This analysis compares MMS Ventures 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: 0.81x
- 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 2.16x to 0.81x 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 | RM0.13 | RM0.28 | x |
| 2007-12-31 | RM0.12 | RM0.28 | x |
| 2008-12-31 | RM0.12 | RM0.28 | x |
| 2009-12-31 | RM0.09 | RM0.28 | x |
| 2010-12-31 | RM0.09 | RM0.28 | x |
| 2011-12-31 | RM0.09 | RM0.28 | x |
| 2012-12-31 | RM0.09 | RM0.28 | x |
| 2013-12-31 | RM0.11 | RM0.28 | x |
| 2014-12-31 | RM0.15 | RM0.28 | x |
| 2015-12-31 | RM0.17 | RM0.28 | x |
| 2016-12-31 | RM0.21 | RM0.28 | x |
| 2017-12-31 | RM0.29 | RM0.28 | x |
| 2018-12-31 | RM0.29 | RM0.28 | x |
| 2019-12-31 | RM0.31 | RM0.28 | x |
| 2020-12-31 | RM0.30 | RM0.28 | x |
| 2021-12-31 | RM0.33 | RM0.28 | x |
| 2022-12-31 | RM0.36 | RM0.28 | x |
| 2023-12-31 | RM0.33 | RM0.28 | x |
| 2024-12-31 | RM0.33 | RM0.28 | x |
| 2025-12-31 | RM0.34 | RM0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MMS Ventures 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): 3.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.17%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.06x
- Recent ROE (3.71%) is below the historical average (7.45%), 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 | 2.21% | 3.65% | 0.55x | 1.11x | RM-2.02 Million |
| 2007 | 0.20% | 0.36% | 0.48x | 1.16x | RM-2.39 Million |
| 2008 | -3.60% | -6.09% | 0.54x | 1.09x | RM-3.20 Million |
| 2009 | -26.08% | -76.25% | 0.27x | 1.28x | RM-6.73 Million |
| 2010 | 2.14% | 1.58% | 0.98x | 1.38x | RM-1.50 Million |
| 2011 | 0.28% | 0.29% | 0.72x | 1.35x | RM-1.86 Million |
| 2012 | -17.75% | -19.17% | 0.72x | 1.28x | RM-4.87 Million |
| 2013 | 22.24% | 18.82% | 1.00x | 1.18x | RM2.76 Million |
| 2014 | 33.30% | 26.34% | 0.98x | 1.29x | RM7.32 Million |
| 2015 | 22.78% | 25.83% | 0.75x | 1.17x | RM4.53 Million |
| 2016 | 23.01% | 26.75% | 0.73x | 1.19x | RM5.38 Million |
| 2017 | 36.26% | 27.86% | 1.06x | 1.22x | RM15.25 Million |
| 2018 | 15.54% | 18.76% | 0.71x | 1.17x | RM3.20 Million |
| 2019 | 12.36% | 17.62% | 0.62x | 1.13x | RM1.45 Million |
| 2020 | 3.10% | 8.11% | 0.34x | 1.11x | RM-4.09 Million |
| 2021 | 12.44% | 21.72% | 0.50x | 1.14x | RM1.62 Million |
| 2022 | 12.53% | 17.11% | 0.68x | 1.08x | RM1.83 Million |
| 2023 | -4.71% | -23.78% | 0.19x | 1.06x | RM-9.62 Million |
| 2024 | -0.99% | -2.43% | 0.36x | 1.14x | RM-7.11 Million |
| 2025 | 3.71% | 7.17% | 0.49x | 1.06x | RM-4.18 Million |
Industry Comparison
This section compares MMS Ventures 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: $356,895,102
- Average return on equity (ROE) among peers: 13.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MMS Ventures Bhd (0113) | RM66.55 Million | 2.21% | 0.06x | $4.05 Million |
| Elsoft Research Bhd (0090) | $138.93 Million | 30.93% | 0.09x | $11.77 Million |
| ViTrox Corporation Bhd (0097) | $1.13 Billion | 11.75% | 0.36x | $604.35 Million |
| VisDynamics Holdings Bhd (0120) | $44.26 Million | 11.45% | 0.22x | $4.90 Million |
| JF Technology BHD (0146) | $134.18 Million | 2.65% | 0.13x | $32.65 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 | $16.03 Million |
| TT Vision Holdings Berhad (0272) | $52.98 Million | 15.74% | 0.53x | $3.97 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 |