Trive Property Group Bhd
Trive Property Group Berhad, an investment holding company, engages in the design, marketing, and trading of battery management systems for rechargeable energy storage solutions in Malaysia and Singapore. The company operates through Renewable Energy, Property Investment, and Others segments. It also involved in the trading of solar panels and related products; construction of residential develop… Read more
Trive Property Group Bhd (0118) - Net Assets
Latest net assets as of July 2025: RM115.78 Million MYR
Based on the latest financial reports, Trive Property Group Bhd (0118) has net assets worth RM115.78 Million MYR as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM126.77 Million) and total liabilities (RM10.99 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 | RM115.78 Million |
| % of Total Assets | 91.33% |
| Annual Growth Rate | 7.13% |
| 5-Year Change | 18.81% |
| 10-Year Change | 211.78% |
| Growth Volatility | 27.46 |
Trive Property Group Bhd - Net Assets Trend (2006–2025)
This chart illustrates how Trive Property Group 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 Trive Property Group Bhd (2006–2025)
The table below shows the annual net assets of Trive Property Group Bhd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | RM115.78 Million | +1.90% |
| 2024-07-31 | RM113.62 Million | -4.54% |
| 2023-07-31 | RM119.02 Million | +0.93% |
| 2022-07-31 | RM117.92 Million | +21.01% |
| 2021-07-31 | RM97.45 Million | +45.31% |
| 2020-07-31 | RM67.06 Million | +0.08% |
| 2019-07-31 | RM67.01 Million | -3.65% |
| 2018-07-31 | RM69.55 Million | +23.72% |
| 2017-07-31 | RM56.22 Million | +51.39% |
| 2016-07-31 | RM37.14 Million | -19.86% |
| 2014-07-31 | RM46.34 Million | -11.65% |
| 2013-07-31 | RM52.45 Million | -49.78% |
| 2011-07-31 | RM104.43 Million | +3.72% |
| 2010-07-31 | RM100.68 Million | +10.60% |
| 2009-07-31 | RM91.03 Million | +28.19% |
| 2008-07-31 | RM71.01 Million | +39.38% |
| 2007-07-31 | RM50.95 Million | +62.81% |
| 2006-07-31 | RM31.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trive Property Group 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 53.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM4.74 Million | 4.10% |
| Common Stock | RM111.04 Million | 95.90% |
| Total Equity | RM115.78 Million | 100.00% |
Trive Property Group Bhd Competitors by Market Cap
The table below lists competitors of Trive Property Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Saker Aviation Services Inc
OTCQB:SKAS
|
$3.58 Million |
|
Sonoran Desert Copper Corporation.
V:SDCU
|
$3.58 Million |
|
POLLUX PROPERT.LTD.SD-15
F:7GP
|
$3.59 Million |
|
Terragen Holdings Ltd
AU:TGH
|
$3.59 Million |
|
CANEX Metals Inc
PINK:NOMNF
|
$3.58 Million |
|
Basel Medical Group Ltd Ordinary Shares
NASDAQ:BMGL
|
$3.58 Million |
|
Lyckegard Group AB
ST:LYGRD
|
$3.58 Million |
|
Compagnie de Chemins de Fer Départementaux Société Anonyme
PA:MLCFD
|
$3.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trive Property Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 113,616,302 to 115,780,000, a change of 2,163,698 (1.9%).
- Net income of 2,164,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.16 Million | +1.87% |
| Other Changes | RM-302.00 | -0.0% |
| Total Change | RM- | 1.90% |
Book Value vs Market Value Analysis
This analysis compares Trive Property Group 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: 0.22x
- 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 increased from 0.06x to 0.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-07-31 | RM0.35 | RM0.02 | x |
| 2007-07-31 | RM0.97 | RM0.02 | x |
| 2008-07-31 | RM0.45 | RM0.02 | x |
| 2009-07-31 | RM0.58 | RM0.02 | x |
| 2010-07-31 | RM0.21 | RM0.02 | x |
| 2011-07-31 | RM0.21 | RM0.02 | x |
| 2013-07-31 | RM0.06 | RM0.02 | x |
| 2016-07-31 | RM0.44 | RM0.02 | x |
| 2017-07-31 | RM0.71 | RM0.02 | x |
| 2018-07-31 | RM0.43 | RM0.02 | x |
| 2019-07-31 | RM0.45 | RM0.02 | x |
| 2020-07-31 | RM0.42 | RM0.02 | x |
| 2021-07-31 | RM0.13 | RM0.02 | x |
| 2022-07-31 | RM0.10 | RM0.02 | x |
| 2023-07-31 | RM0.09 | RM0.02 | x |
| 2024-07-31 | RM0.09 | RM0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trive Property Group 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): 1.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.97%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.09x
- Recent ROE (1.87%) is above the historical average (-9.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 19.59% | 18.95% | 0.86x | 1.20x | RM3.00 Million |
| 2007 | 38.58% | 25.58% | 1.22x | 1.24x | RM14.56 Million |
| 2008 | 28.25% | 24.53% | 0.98x | 1.17x | RM12.96 Million |
| 2009 | 21.99% | 24.09% | 0.79x | 1.15x | RM10.91 Million |
| 2010 | 9.59% | 13.04% | 0.63x | 1.17x | RM-415.28K |
| 2011 | 3.59% | 6.46% | 0.44x | 1.27x | RM-6.70 Million |
| 2013 | -107.38% | -77.82% | 0.88x | 1.57x | RM-61.56 Million |
| 2014 | -27.32% | -82.07% | 0.19x | 1.73x | RM-17.29 Million |
| 2016 | -62.70% | -95.46% | 0.50x | 1.30x | RM-27.00 Million |
| 2017 | 3.57% | 63.37% | 0.05x | 1.05x | RM-3.62 Million |
| 2018 | -11.25% | -286.92% | 0.04x | 1.02x | RM-14.78 Million |
| 2019 | -8.16% | -130.61% | 0.06x | 1.07x | RM-12.17 Million |
| 2020 | -6.35% | -105.15% | 0.03x | 1.78x | RM-11.88 Million |
| 2021 | -58.54% | -579.41% | 0.09x | 1.17x | RM-66.79 Million |
| 2022 | 12.13% | 147.65% | 0.07x | 1.12x | RM2.52 Million |
| 2023 | -15.88% | -206.76% | 0.07x | 1.06x | RM-30.81 Million |
| 2024 | -4.76% | -54.98% | 0.08x | 1.09x | RM-16.77 Million |
| 2025 | 1.87% | 24.97% | 0.07x | 1.09x | RM-9.41 Million |
Industry Comparison
This section compares Trive Property Group Bhd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $58,532,405
- Average return on equity (ROE) among peers: 22.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trive Property Group Bhd (0118) | RM115.78 Million | 19.59% | 0.09x | $3.58 Million |
| Solarvest Holdings Bhd (0215) | $66.26 Million | 16.79% | 0.85x | $263.73 Million |
| Pekat Group Bhd (0233) | $50.80 Million | 29.12% | 0.94x | $77.34 Million |