TFP Solutions Bhd
TFP Solutions Berhad, an investment holding company, provides information and communications technology services for business enterprises in Malaysia. It operates through three segments: Business Management Solutions; Fintech; and Others. The company offers software solutions to businesses in the private and public sectors; and management and enterprise systems solutions, as well as engages in th… Read more
TFP Solutions Bhd (0145) - Net Assets
Latest net assets as of September 2025: RM5.49 Million MYR
Based on the latest financial reports, TFP Solutions Bhd (0145) has net assets worth RM5.49 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM12.05 Million) and total liabilities (RM6.57 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM5.49 Million |
| % of Total Assets | 45.52% |
| Annual Growth Rate | -11.15% |
| 5-Year Change | -65.68% |
| 10-Year Change | N/A |
| Growth Volatility | 45.98 |
TFP Solutions Bhd - Net Assets Trend (2015–2024)
This chart illustrates how TFP Solutions Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TFP Solutions Bhd (2015–2024)
The table below shows the annual net assets of TFP Solutions Bhd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM5.51 Million | -19.17% |
| 2023-12-31 | RM6.81 Million | -33.12% |
| 2022-12-31 | RM10.19 Million | -30.26% |
| 2021-12-31 | RM14.61 Million | -8.96% |
| 2020-12-31 | RM16.05 Million | +123.18% |
| 2019-12-31 | RM7.19 Million | -30.92% |
| 2018-12-31 | RM10.41 Million | -15.89% |
| 2017-12-31 | RM12.38 Million | -5.55% |
| 2016-12-31 | RM13.10 Million | -17.92% |
| 2015-12-31 | RM15.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TFP 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 grown by 176019000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM8.47 Million | 153.76% |
| Total Equity | RM5.51 Million | 100.00% |
TFP Solutions Bhd Competitors by Market Cap
The table below lists competitors of TFP Solutions Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greenlane Holdings Inc
NASDAQ:GNLN
|
$946.10K |
|
Pushfor Investments Inc
PINK:PUSOF
|
$946.33K |
|
N1 Holdings Ltd
AU:N1H
|
$947.93K |
|
UNITED CONTL
BE:UAL1
|
$948.71K |
|
Embelton Ltd
AU:EMB
|
$945.07K |
|
UCHUMI SUPERMARKET LTD
RSE:USL
|
$944.53K |
|
CJ CheilJedang Corp. Pfd. Series 1
KQ:097955
|
$943.92K |
|
Flywheel Advanced Technology Inc
PINK:FWFW
|
$943.75K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TFP Solutions Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,814,100 to 5,507,900, a change of -1,306,200 (-19.2%).
- Net loss of 2,798,030 reduced equity.
- Share repurchases of 300,000 reduced equity.
- New share issuances of 700,000 increased equity.
- Other factors increased equity by 1,091,830.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-2.80 Million | -50.8% |
| Share Repurchases | RM300.00K | -5.45% |
| Share Issuances | RM700.00K | +12.71% |
| Other Changes | RM1.09 Million | +19.82% |
| Total Change | RM- | -19.17% |
Book Value vs Market Value Analysis
This analysis compares TFP 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: 2.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.47x to 2.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.04 | RM0.02 | x |
| 2016-12-31 | RM0.04 | RM0.02 | x |
| 2017-12-31 | RM0.03 | RM0.02 | x |
| 2018-12-31 | RM0.03 | RM0.02 | x |
| 2019-12-31 | RM0.02 | RM0.02 | x |
| 2020-12-31 | RM0.04 | RM0.02 | x |
| 2021-12-31 | RM0.02 | RM0.02 | x |
| 2022-12-31 | RM0.02 | RM0.02 | x |
| 2023-12-31 | RM0.01 | RM0.02 | x |
| 2024-12-31 | RM0.01 | RM0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TFP 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): -50.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -74.07%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.15x
- Recent ROE (-50.80%) is below the historical average (-34.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.28% | 0.69% | 2.85x | 1.67x | RM-1.07 Million |
| 2016 | -20.45% | -3.92% | 1.59x | 3.28x | RM-3.99 Million |
| 2017 | -5.91% | -1.03% | 2.62x | 2.18x | RM-1.97 Million |
| 2018 | -18.90% | -3.89% | 2.08x | 2.34x | RM-3.01 Million |
| 2019 | -48.85% | -4.00% | 7.16x | 1.70x | RM-4.23 Million |
| 2020 | -22.58% | -18.74% | 0.88x | 1.36x | RM-5.23 Million |
| 2021 | -68.61% | -117.00% | 0.45x | 1.31x | RM-11.48 Million |
| 2022 | -43.40% | -113.97% | 0.23x | 1.63x | RM-5.44 Million |
| 2023 | -64.12% | -140.91% | 0.28x | 1.60x | RM-5.05 Million |
| 2024 | -50.80% | -74.07% | 0.32x | 2.15x | RM-3.35 Million |
Industry Comparison
This section compares TFP 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: $94,720,524
- Average return on equity (ROE) among peers: 0.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TFP Solutions Bhd (0145) | RM5.49 Million | 3.28% | 1.20x | $945.80K |
| NetX Holdings Bhd (0020) | $126.46 Million | -12.36% | 0.27x | $4.06 Million |
| Metronic Global Bhd (0043) | $117.53 Million | -17.40% | 0.38x | $1.70 Million |
| NCT Alliance Bhd (0056) | $74.47 Million | 10.52% | 0.38x | $62.35 Million |
| Vortex Consolidated Bhd (0060) | $312.11 Million | 0.76% | 0.09x | $20.06 Million |
| Lyc Healthcare Bhd (0075) | $9.20 Million | -21.64% | 1.46x | $1.11 Million |
| Aldrich Resources Bhd (0079) | $22.35 Million | -5.12% | 0.36x | $2.20 Million |
| Rexit Bhd (0106) | $40.70 Million | 23.38% | 0.11x | $4.95 Million |
| Privasia Technology Bhd (0123) | $80.44 Million | 0.14% | 0.68x | $4.58 Million |
| Microlink Solutions Bhd (0126) | $119.48 Million | 26.58% | 0.72x | $15.73 Million |
| Diversified Gateway Solutions Bhd (0131) | $44.48 Million | 0.94% | 0.92x | $6.51 Million |