Key ASIC Bhd Net Assets
Key ASIC Bhd net assets. Based on the latest financial reports, Key ASIC Bhd (0143) has net assets worth RM14.17 Million MYR (≈ $3.56 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM27.65 Million ≈ $6.94 Million USD) and total liabilities (RM13.48 Million ≈ $3.38 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. See Key ASIC Bhd balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM14.17 Million |
| % of Total Assets | 51.24% |
| Annual Growth Rate | 1.03% |
| 5-Year Change | -51.33% |
| 10-Year Change | N/A |
| Growth Volatility | 38.85 |
Net Assets of Key ASIC Bhd (2017–2025)
Net assets of Key ASIC Bhd from 2017 to 2025. This chart illustrates how Key ASIC Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Key ASIC Bhd net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Key ASIC Bhd (2017–2025)
The table below shows the annual net assets of Key ASIC Bhd from 2017 to 2025. For live market cap and overall valuation, see 0143 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | RM17.79 Million ≈ $4.47 Million |
-26.73% |
| 2024-05-31 | RM24.28 Million ≈ $6.09 Million |
-26.62% |
| 2023-05-31 | RM33.08 Million ≈ $8.31 Million |
-5.18% |
| 2022-05-31 | RM34.89 Million ≈ $8.76 Million |
-4.53% |
| 2021-05-31 | RM36.55 Million ≈ $9.18 Million |
+79.74% |
| 2020-05-31 | RM20.33 Million ≈ $5.10 Million |
-36.17% |
| 2019-05-31 | RM31.86 Million ≈ $8.00 Million |
+29.24% |
| 2018-05-31 | RM24.65 Million ≈ $6.19 Million |
+50.36% |
| 2017-05-31 | RM16.39 Million ≈ $4.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Key ASIC 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 grown by 4441472000.0% over the analyzed period, indicating profitable operations and earnings retention.
Key ASIC Bhd Net Assets Breakdown (May 2025)
Key ASIC Bhd net assets breakdown by equity component as of May 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM19.72 Million | 110.86% |
| Total Equity | RM17.79 Million | 100.00% |
Key ASIC Bhd Competitors by Market Cap
The table below lists competitors of Key ASIC Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hansol Homedec
KO:025750
|
$17.61 Million |
|
Wiscom
KO:024070
|
$17.62 Million |
|
Israel Op L
TA:ISOP
|
$17.63 Million |
|
Gediz Ambalaj Sanayi ve Ticaret AS
IS:GEDZA
|
$17.63 Million |
|
Sama Resources Inc.
V:SME
|
$17.61 Million |
|
Farmaceutica R
RO:RMAH
|
$17.60 Million |
|
PIL ITALICA LIFESTYLE LIMITED
NSE:PILITA
|
$17.59 Million |
|
Advanced Connection Corporation Public Company Limited
BK:ACC
|
$17.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Key ASIC Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,275,370 to 17,787,460, a change of -6,487,910 (-26.7%).
- Net loss of 6,789,850 reduced equity.
- Share repurchases of 48,100 reduced equity.
- Other factors increased equity by 391,040.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-6.79 Million | -38.17% |
| Share Repurchases | RM48.10K | -0.27% |
| Other Changes | RM391.04K | +2.2% |
| Total Change | RM- | -26.73% |
Book Value vs Market Value Analysis
This analysis compares Key ASIC 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: 3.93x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.60x to 3.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-05-31 | RM0.02 | RM0.05 | x |
| 2018-05-31 | RM0.03 | RM0.05 | x |
| 2019-05-31 | RM0.03 | RM0.05 | x |
| 2020-05-31 | RM0.02 | RM0.05 | x |
| 2021-05-31 | RM0.03 | RM0.05 | x |
| 2022-05-31 | RM0.03 | RM0.05 | x |
| 2023-05-31 | RM0.02 | RM0.05 | x |
| 2024-05-31 | RM0.02 | RM0.05 | x |
| 2025-05-31 | RM0.01 | RM0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Key ASIC 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): -38.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -45.42%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.47x
- Recent ROE (-38.17%) is below the historical average (-31.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -60.96% | -40.27% | 0.96x | 1.58x | RM-11.63 Million |
| 2018 | 15.07% | 12.62% | 0.88x | 1.36x | RM1.25 Million |
| 2019 | -6.44% | -8.55% | 0.60x | 1.25x | RM-5.24 Million |
| 2020 | -88.09% | -158.17% | 0.39x | 1.44x | RM-19.94 Million |
| 2021 | -21.77% | -57.31% | 0.33x | 1.16x | RM-11.61 Million |
| 2022 | -24.75% | -63.56% | 0.34x | 1.14x | RM-12.13 Million |
| 2023 | -16.23% | -25.79% | 0.50x | 1.25x | RM-8.68 Million |
| 2024 | -44.37% | -46.98% | 0.68x | 1.40x | RM-13.20 Million |
| 2025 | -38.17% | -45.42% | 0.57x | 1.47x | RM-8.57 Million |
Industry Comparison
This section compares Key ASIC Bhd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $439,461,894
- Average return on equity (ROE) among peers: 12.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Key ASIC Bhd (0143) | RM14.17 Million | -60.96% | 0.95x | $17.61 Million |
| OPPSTAR (0275) | $1.35 Million | 31.31% | 2.80x | $93.40 Million |
| Edelteq Holdings Berhad (0278) | $46.02 Million | 8.77% | 0.22x | $61.04 Million |
| Malaysian Pacific Industries (3867) | $933.85 Million | -2.12% | 0.51x | $1.99 Billion |
| Unisem M Bhd (5005) | $1.07 Billion | 16.96% | 0.71x | $1.66 Billion |
| Globetronics Tech Bhd (7022) | $226.49 Million | 7.03% | 0.22x | $38.27 Million |
| KESM Industries Bhd (9334) | $356.51 Million | 11.03% | 0.39x | $50.54 Million |
About Key ASIC Bhd
Key ASIC Berhad provides application-specific integrated circuit design services in Malaysia, Taiwan, and internationally. The company operates through two segments, Non-Recurring Engineering Services and Recurring Engineering Services. It offers data processing, data management, disk-based back-up solutions, telecommunications, office automation, network infrastructure, and intelligent storage n… Read more