Microlink Solutions Bhd Net Assets
Microlink Solutions Bhd net assets. Based on the latest financial reports, Microlink Solutions Bhd (0126) has net assets worth RM192.46 Million MYR (≈ $48.32 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM330.20 Million ≈ $82.90 Million USD) and total liabilities (RM137.74 Million ≈ $34.58 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. Also explore 0126 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM192.46 Million |
| % of Total Assets | 58.29% |
| Annual Growth Rate | 11.59% |
| 5-Year Change | -7.97% |
| 10-Year Change | 94.43% |
| Growth Volatility | 57.42 |
Net Assets of Microlink Solutions Bhd (2005–2025)
Net assets of Microlink Solutions Bhd from 2005 to 2025. This chart illustrates how Microlink Solutions Bhd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Microlink Solutions Bhd to measure how much of total assets are equity-financed.
Annual Net Assets for Microlink Solutions Bhd (2005–2025)
The table below shows the annual net assets of Microlink Solutions Bhd from 2005 to 2025. For live market cap and overall valuation, see 0126 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM109.95 Million ≈ $27.61 Million |
-44.58% |
| 2024-03-31 | RM198.40 Million ≈ $49.81 Million |
-12.31% |
| 2023-03-31 | RM226.24 Million ≈ $56.80 Million |
+12.15% |
| 2022-03-31 | RM201.74 Million ≈ $50.65 Million |
+68.85% |
| 2021-03-31 | RM119.48 Million ≈ $30.00 Million |
+209.02% |
| 2020-03-31 | RM38.66 Million ≈ $9.71 Million |
+108.21% |
| 2019-03-31 | RM18.57 Million ≈ $4.66 Million |
-38.58% |
| 2018-03-31 | RM30.23 Million ≈ $7.59 Million |
-61.94% |
| 2017-03-31 | RM79.43 Million ≈ $19.94 Million |
+40.45% |
| 2016-03-31 | RM56.55 Million ≈ $14.20 Million |
+15.66% |
| 2015-03-31 | RM48.90 Million ≈ $12.28 Million |
+10.90% |
| 2014-03-31 | RM44.09 Million ≈ $11.07 Million |
+21.24% |
| 2013-03-31 | RM36.37 Million ≈ $9.13 Million |
+20.03% |
| 2012-03-31 | RM30.30 Million ≈ $7.61 Million |
+2.04% |
| 2011-03-31 | RM29.69 Million ≈ $7.45 Million |
+6.63% |
| 2010-03-31 | RM27.85 Million ≈ $6.99 Million |
-3.61% |
| 2009-03-31 | RM28.89 Million ≈ $7.25 Million |
+3.46% |
| 2008-03-31 | RM27.92 Million ≈ $7.01 Million |
-2.16% |
| 2007-03-31 | RM28.54 Million ≈ $7.17 Million |
+65.08% |
| 2006-03-31 | RM17.29 Million ≈ $4.34 Million |
+40.83% |
| 2005-03-31 | RM12.28 Million ≈ $3.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Microlink Solutions 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 1898.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Microlink Solutions Bhd Net Assets Breakdown (March 2025)
Microlink Solutions Bhd net assets breakdown by equity component as of March 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM166.26 Million | 154.96% |
| Total Equity | RM107.30 Million | 100.00% |
Microlink Solutions Bhd Competitors by Market Cap
The table below lists competitors of Microlink Solutions Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Khee San Bhd
KLSE:6203
|
$32.31 Million |
|
Ironbark Capital Ltd
AU:IBC
|
$32.31 Million |
|
L&P Global Berhad
KLSE:0268
|
$32.32 Million |
|
Kosy JSC
VN:KOS
|
$32.32 Million |
|
TBC Bank Group PLC
LSE:TBCG
|
$32.31 Million |
|
HUBLine Bhd
KLSE:7013
|
$32.31 Million |
|
PGF Polska Grupa Fotowoltaiczna SA
WAR:PGV
|
$32.31 Million |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
$32.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Microlink Solutions Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 198,960,050 to 107,295,000, a change of -91,665,050 (-46.1%).
- Net loss of 92,167,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-92.17 Million | -85.9% |
| Other Changes | RM501.95K | +0.47% |
| Total Change | RM- | -46.07% |
Book Value vs Market Value Analysis
This analysis compares Microlink Solutions 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: 0.80x
- 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 3.18x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | RM0.03 | RM0.08 | x |
| 2006-03-31 | RM0.04 | RM0.08 | x |
| 2007-03-31 | RM0.06 | RM0.08 | x |
| 2008-03-31 | RM0.05 | RM0.08 | x |
| 2009-03-31 | RM0.06 | RM0.08 | x |
| 2010-03-31 | RM0.05 | RM0.08 | x |
| 2011-03-31 | RM0.06 | RM0.08 | x |
| 2012-03-31 | RM0.06 | RM0.08 | x |
| 2013-03-31 | RM0.07 | RM0.08 | x |
| 2014-03-31 | RM0.08 | RM0.08 | x |
| 2015-03-31 | RM0.09 | RM0.08 | x |
| 2016-03-31 | RM0.09 | RM0.08 | x |
| 2017-03-31 | RM0.12 | RM0.08 | x |
| 2018-03-31 | RM0.05 | RM0.08 | x |
| 2019-03-31 | RM0.03 | RM0.08 | x |
| 2020-03-31 | RM0.05 | RM0.08 | x |
| 2021-03-31 | RM0.12 | RM0.08 | x |
| 2022-03-31 | RM0.29 | RM0.08 | x |
| 2023-03-31 | RM0.21 | RM0.08 | x |
| 2024-03-31 | RM0.19 | RM0.08 | x |
| 2025-03-31 | RM0.10 | RM0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Microlink Solutions 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): -85.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.52%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 2.47x
- Recent ROE (-85.90%) is below the historical average (-0.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 26.76% | 20.85% | 0.90x | 1.43x | RM2.06 Million |
| 2006 | 28.99% | 25.29% | 0.96x | 1.19x | RM3.28 Million |
| 2007 | 22.58% | 29.31% | 0.67x | 1.15x | RM3.59 Million |
| 2008 | 2.24% | 3.97% | 0.51x | 1.12x | RM-2.17 Million |
| 2009 | 7.99% | 15.59% | 0.46x | 1.12x | RM-579.59K |
| 2010 | 0.33% | 0.53% | 0.56x | 1.11x | RM-2.69 Million |
| 2011 | 6.29% | 8.31% | 0.66x | 1.15x | RM-1.10 Million |
| 2012 | 6.39% | 10.39% | 0.56x | 1.09x | RM-1.10 Million |
| 2013 | 20.05% | 17.31% | 0.71x | 1.63x | RM3.69 Million |
| 2014 | 34.01% | 29.29% | 0.98x | 1.19x | RM10.79 Million |
| 2015 | 14.89% | 6.80% | 0.77x | 2.84x | RM2.46 Million |
| 2016 | 2.38% | 0.57% | 1.36x | 3.08x | RM-4.31 Million |
| 2017 | 0.98% | 0.31% | 1.35x | 2.36x | RM-7.16 Million |
| 2018 | -167.46% | -24.57% | 1.46x | 4.67x | RM-53.65 Million |
| 2019 | 4.68% | 0.46% | 1.36x | 7.56x | RM-987.02K |
| 2020 | 26.77% | 4.68% | 1.38x | 4.15x | RM6.48 Million |
| 2021 | 26.58% | 17.83% | 0.87x | 1.72x | RM19.81 Million |
| 2022 | 12.66% | 11.67% | 0.72x | 1.50x | RM5.34 Million |
| 2023 | 11.44% | 10.41% | 0.74x | 1.48x | RM3.25 Million |
| 2024 | -13.49% | -9.54% | 0.79x | 1.79x | RM-46.73 Million |
| 2025 | -85.90% | -25.52% | 1.36x | 2.47x | RM-102.90 Million |
Industry Comparison
This section compares Microlink Solutions 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: $66,037,597
- Average return on equity (ROE) among peers: -58.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Microlink Solutions Bhd (0126) | RM192.46 Million | 26.76% | 0.72x | $32.31 Million |
| NetX Holdings Bhd (0020) | $18.58 Million | -64.13% | 0.28x | $9.42 Million |
| Metronic Global Bhd (0043) | $50.48 Million | -10.03% | 1.97x | $1.92 Million |
| NCT Alliance Bhd (0056) | $32.33 Million | -1.08% | 0.63x | $286.79 Million |
| Vortex Consolidated Bhd (0060) | $312.11 Million | 0.76% | 0.09x | $69.70 Million |
| Lyc Healthcare Bhd (0075) | $9.20 Million | -21.64% | 1.46x | $928.88K |
| Aldrich Resources Bhd (0079) | $20.85 Million | -455.94% | 0.12x | $3.45 Million |
| Rexit Bhd (0106) | $36.05 Million | 21.79% | 0.08x | $14.79 Million |
| Privasia Technology Bhd (0123) | $59.55 Million | -1.40% | 0.49x | $12.72 Million |
| Diversified Gateway Solutions Bhd (0131) | $55.19 Million | 6.62% | 0.85x | $24.34 Million |
About Microlink Solutions Bhd
Microlink Solutions Berhad, an investment holding company, researches and develops information technology solutions to the financial services industry in Malaysia and internationally. The company operates in four segments: Financial Services, Enterprise Solutions, Distribution Services, and Solution Delivery. It offers core banking and insurance solutions; billing and revenue management for gener… Read more