Trive Property Group Bhd (0118) - Net Assets

Latest as of July 2025: RM115.78 Million MYR ≈ $29.07 Million USD

Based on the latest financial reports, Trive Property Group Bhd (0118) has net assets worth RM115.78 Million MYR (≈ $29.07 Million USD) 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 ≈ $31.83 Million USD) and total liabilities (RM10.99 Million ≈ $2.76 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 asset resilience ratio of Trive Property Group Bhd to evaluate the company's liquid asset resilience ratio.

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. Also explore 0118 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 0118 company net worth.

Year Net Assets Change
2025-07-31 RM115.78 Million
≈ $29.07 Million		 +1.90%
2024-07-31 RM113.62 Million
≈ $28.53 Million		 -4.54%
2023-07-31 RM119.02 Million
≈ $29.88 Million		 +0.93%
2022-07-31 RM117.92 Million
≈ $29.61 Million		 +21.01%
2021-07-31 RM97.45 Million
≈ $24.47 Million		 +45.31%
2020-07-31 RM67.06 Million
≈ $16.84 Million		 +0.08%
2019-07-31 RM67.01 Million
≈ $16.82 Million		 -3.65%
2018-07-31 RM69.55 Million
≈ $17.46 Million		 +23.72%
2017-07-31 RM56.22 Million
≈ $14.11 Million		 +51.39%
2016-07-31 RM37.14 Million
≈ $9.32 Million		 -19.86%
2014-07-31 RM46.34 Million
≈ $11.63 Million		 -11.65%
2013-07-31 RM52.45 Million
≈ $13.17 Million		 -49.78%
2011-07-31 RM104.43 Million
≈ $26.22 Million		 +3.72%
2010-07-31 RM100.68 Million
≈ $25.28 Million		 +10.60%
2009-07-31 RM91.03 Million
≈ $22.85 Million		 +28.19%
2008-07-31 RM71.01 Million
≈ $17.83 Million		 +39.38%
2007-07-31 RM50.95 Million
≈ $12.79 Million		 +62.81%
2006-07-31 RM31.29 Million
≈ $7.86 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
Eifelhöhen-Klinik AG
F:EIF
 $8.99 Million
Xin Hwa Holdings Bhd
KLSE:5267
 $8.99 Million
Ragnar Metals Ltd
AU:RAG
 $8.99 Million
NEXTCHIP Co. Ltd
KQ:092600
 $8.99 Million
Jcurve Solutions Ltd
AU:JCS
 $8.97 Million
Newport Exploration
V:NWX
 $8.97 Million
AcouSort AB
ST:ACOU
 $8.97 Million
Ubis (Asia) Public Company Limited
BK:UBIS
 $8.97 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: 0.28x
  • 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 0.07x to 0.28x 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 RM0.03 x
2007-07-31 RM0.97 RM0.03 x
2008-07-31 RM0.45 RM0.03 x
2009-07-31 RM0.58 RM0.03 x
2010-07-31 RM0.21 RM0.03 x
2011-07-31 RM0.21 RM0.03 x
2013-07-31 RM0.06 RM0.03 x
2016-07-31 RM0.44 RM0.03 x
2017-07-31 RM0.71 RM0.03 x
2018-07-31 RM0.43 RM0.03 x
2019-07-31 RM0.45 RM0.03 x
2020-07-31 RM0.42 RM0.03 x
2021-07-31 RM0.13 RM0.03 x
2022-07-31 RM0.10 RM0.03 x
2023-07-31 RM0.09 RM0.03 x
2024-07-31 RM0.09 RM0.03 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 $8.98 Million
Solarvest Holdings Bhd (0215) $66.26 Million 16.79% 0.85x $646.49 Million
Pekat Group Bhd (0233) $50.80 Million 29.12% 0.94x $283.72 Million

About Trive Property Group Bhd

KLSE:0118 Malaysia Solar
Market Cap
$8.98 Million
RM35.78 Million MYR
Market Cap Rank
#27139 Global
#866 in Malaysia
Share Price
RM0.03
Change (1 day)
+25.00%
52-Week Range
RM0.01 - RM0.04
All Time High
RM3.16
Categories
Companies in Malaysia Solar
About

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