Microlink Solutions Bhd (0126) - Net Assets

Latest as of September 2025: RM192.46 Million MYR ≈ $48.32 Million USD

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. Check asset resilience ratio of Microlink Solutions Bhd to evaluate the company's liquid asset resilience ratio.

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

Microlink Solutions Bhd - Net Assets Trend (2005–2025)

This chart illustrates how Microlink Solutions Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 0126 total asset value for the complete picture of this company's asset base.

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 valuation and market cap data, see Microlink Solutions Bhd market capitalisation.

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	--

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.

Current Equity Component Breakdown (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
Tirta Mahakam Resources Tbk JK:TIRT	$32.31 Million
Picard Medical, Inc. NYSE MKT:PMI	$32.33 Million
Aurora Mobile Ltd NASDAQ:JG	$32.33 Million
Deliveroo Holdings PLC LSE:ROO	$32.33 Million
Jiangsu Youli Investment Holding Co Ltd SHE:000584	$32.29 Million
Natuzzi SpA NYSE:NTZ	$32.27 Million
Bowim S.A. WAR:BOW	$32.27 Million
Kein Hing International Bhd KLSE:7199	$32.26 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: $165,162,217
Average return on equity (ROE) among peers: -9.51%

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	$11.77 Million
Metronic Global Bhd (0043)	$151.33 Million	-19.43%	0.23x	$1.92 Million
NCT Alliance Bhd (0056)	$802.53 Million	6.18%	1.24x	$308.04 Million
Vortex Consolidated Bhd (0060)	$312.11 Million	0.76%	0.09x	$72.28 Million
Lyc Healthcare Bhd (0075)	$27.58 Million	-33.45%	5.64x	$2.79 Million
Aldrich Resources Bhd (0079)	$22.35 Million	-5.12%	0.36x	$5.18 Million
Rexit Bhd (0106)	$36.05 Million	21.79%	0.08x	$24.14 Million
Privasia Technology Bhd (0123)	$60.75 Million	1.15%	0.92x	$13.57 Million
Diversified Gateway Solutions Bhd (0131)	$55.19 Million	6.62%	0.85x	$15.91 Million

About Microlink Solutions Bhd

KLSE:0126 Malaysia Information Technology Services

Market Cap

$32.31 Million

RM128.69 Million MYR

Market Cap Rank

#23476 Global

#575 in Malaysia

Share Price

RM0.08

Change (1 day)

+0.00%

52-Week Range

RM0.07 - RM0.22

All Time High

RM1.12