Sanichi Technology Bhd (0133) - Net Assets
Based on the latest financial reports, Sanichi Technology Bhd (0133) has net assets worth RM226.69 Million MYR (≈ $56.91 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 (RM274.40 Million ≈ $68.89 Million USD) and total liabilities (RM47.71 Million ≈ $11.98 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 Sanichi Technology Bhd (0133) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM226.69 Million |
| % of Total Assets | 82.61% |
| Annual Growth Rate | 5.99% |
| 5-Year Change | -17.29% |
| 10-Year Change | N/A |
| Growth Volatility | 17.44 |
Sanichi Technology Bhd - Net Assets Trend (2015–2024)
This chart illustrates how Sanichi Technology Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Sanichi Technology Bhd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Sanichi Technology Bhd (2015–2024)
The table below shows the annual net assets of Sanichi Technology Bhd from 2015 to 2024. For live valuation and market cap data, see Sanichi Technology Bhd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM235.38 Million ≈ $59.10 Million |
-5.79% |
| 2023-12-31 | RM249.86 Million ≈ $62.73 Million |
-4.89% |
| 2022-12-31 | RM262.70 Million ≈ $65.96 Million |
-8.19% |
| 2021-12-31 | RM286.14 Million ≈ $71.84 Million |
+0.54% |
| 2020-12-31 | RM284.59 Million ≈ $71.45 Million |
+19.22% |
| 2019-12-31 | RM238.70 Million ≈ $59.93 Million |
-7.92% |
| 2018-12-31 | RM259.22 Million ≈ $65.08 Million |
+35.78% |
| 2017-12-31 | RM190.91 Million ≈ $47.93 Million |
-0.16% |
| 2016-12-31 | RM191.22 Million ≈ $48.01 Million |
+37.18% |
| 2015-12-31 | RM139.40 Million ≈ $35.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sanichi Technology 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 152.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM293.15 Million | 124.54% |
| Total Equity | RM235.38 Million | 100.00% |
Sanichi Technology Bhd Competitors by Market Cap
The table below lists competitors of Sanichi Technology Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Omega Therapeutics Inc
NASDAQ:OMGA
|
$2.69 Million |
|
Namsun Aluminium Co Ltd
KO:008355
|
$2.69 Million |
|
Bathurst Metals Corp
V:BMV
|
$2.70 Million |
|
iTonic Holdings Ltd.
NASDAQ:ITOC
|
$2.70 Million |
|
Supreme Engineering Limited
NSE:SUPREMEENG
|
$2.68 Million |
|
ZIMI Ltd
AU:ZMM
|
$2.68 Million |
|
Avingtrans Plc
LSE:AVG
|
$2.67 Million |
|
Nickel North Exploration Corp
V:NNX
|
$2.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sanichi Technology Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 249,857,250 to 235,381,040, a change of -14,476,210 (-5.8%).
- Net loss of 18,801,720 reduced equity.
- Share repurchases of 4,296,000 reduced equity.
- New share issuances of 4,296,000 increased equity.
- Other factors increased equity by 4,325,510.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-18.80 Million | -7.99% |
| Share Repurchases | RM4.30 Million | -1.83% |
| Share Issuances | RM4.30 Million | +1.83% |
| Other Changes | RM4.33 Million | +1.84% |
| Total Change | RM- | -5.79% |
Book Value vs Market Value Analysis
This analysis compares Sanichi Technology 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: 0.05x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM7.05 | RM0.07 | x |
| 2016-12-31 | RM3.22 | RM0.07 | x |
| 2017-12-31 | RM2.95 | RM0.07 | x |
| 2018-12-31 | RM1.20 | RM0.07 | x |
| 2019-12-31 | RM1.11 | RM0.07 | x |
| 2020-12-31 | RM0.73 | RM0.07 | x |
| 2021-12-31 | RM0.20 | RM0.07 | x |
| 2022-12-31 | RM0.19 | RM0.07 | x |
| 2023-12-31 | RM1.78 | RM0.07 | x |
| 2024-12-31 | RM1.43 | RM0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sanichi Technology 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): -7.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -113.45%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.21x
- Recent ROE (-7.99%) is above the historical average (-8.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 2.71% | 11.10% | 0.22x | 1.10x | RM-10.16 Million |
| 2016 | -1.79% | -11.38% | 0.15x | 1.08x | RM-22.54 Million |
| 2017 | -9.72% | -51.71% | 0.17x | 1.08x | RM-37.65 Million |
| 2018 | -6.15% | -51.31% | 0.11x | 1.10x | RM-41.86 Million |
| 2019 | -8.60% | -95.55% | 0.07x | 1.33x | RM-44.40 Million |
| 2020 | -2.71% | -32.52% | 0.07x | 1.25x | RM-36.16 Million |
| 2021 | -32.99% | -533.04% | 0.05x | 1.27x | RM-123.01 Million |
| 2022 | -8.95% | -102.01% | 0.06x | 1.36x | RM-49.78 Million |
| 2023 | -8.03% | -95.68% | 0.07x | 1.22x | RM-45.04 Million |
| 2024 | -7.99% | -113.45% | 0.06x | 1.21x | RM-42.34 Million |
Industry Comparison
This section compares Sanichi Technology Bhd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $191,672,010
- Average return on equity (ROE) among peers: 4.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sanichi Technology Bhd (0133) | RM226.69 Million | 2.71% | 0.21x | $2.68 Million |
| MQ Technology Bhd (0070) | $66.40 Million | 3.29% | 0.08x | $2.72 Million |
| Techfast Holdings Bhd (0084) | $89.18 Million | -23.01% | 0.09x | $3.41 Million |
| Chin Well Holdings Bhd (5007) | $533.52 Million | 9.54% | 0.16x | $52.34 Million |
| Tong Herr Resources Bhd (5010) | $498.27 Million | 12.87% | 0.66x | $66.68 Million |
| HPMT Holdings Bhd (5291) | $54.82 Million | 22.92% | 0.85x | $14.02 Million |
| MyTech Group Bhd (7692) | $34.89 Million | 5.72% | 0.11x | $18.54 Million |
| Jasa Kita Bhd (8648) | $64.62 Million | 0.03% | 0.04x | $25.40 Million |
About Sanichi Technology Bhd
Sanichi Technology Berhad, an investment holding company, engages in the design, development, and fabrication of precision molds and tooling for the automotive sector in Malaysia, Germany, the United States, and the United Kingdom. It operates through three segments: Plastic Mould, Property Development, and Others. The company manufactures hand dippers core molds for industrial, household, and su… Read more