TFP Solutions Bhd (0145) - Net Assets

Latest as of September 2025: RM5.49 Million MYR ≈ $1.38 Million USD

Based on the latest financial reports, TFP Solutions Bhd (0145) has net assets worth RM5.49 Million MYR (≈ $1.38 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 (RM12.05 Million ≈ $3.03 Million USD) and total liabilities (RM6.57 Million ≈ $1.65 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 how resilient are TFP Solutions Bhd's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore 0145 total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see TFP Solutions Bhd market cap and net worth.

Year Net Assets Change
2024-12-31 RM5.51 Million
≈ $1.38 Million		 -19.17%
2023-12-31 RM6.81 Million
≈ $1.71 Million		 -33.12%
2022-12-31 RM10.19 Million
≈ $2.56 Million		 -30.26%
2021-12-31 RM14.61 Million
≈ $3.67 Million		 -8.96%
2020-12-31 RM16.05 Million
≈ $4.03 Million		 +123.18%
2019-12-31 RM7.19 Million
≈ $1.81 Million		 -30.92%
2018-12-31 RM10.41 Million
≈ $2.61 Million		 -15.89%
2017-12-31 RM12.38 Million
≈ $3.11 Million		 -5.55%
2016-12-31 RM13.10 Million
≈ $3.29 Million		 -17.92%
2015-12-31 RM15.96 Million
≈ $4.01 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
RevoluGROUP Canada Inc
V:REVO
 $3.26 Million
Cascadero Copper Corp
V:CCD
 $3.26 Million
GRANITE CREEK COPPER
F:GRK
 $3.26 Million
Icon Energy Ltd
AU:ICN
 $3.26 Million
Chatham Rock Phosphate Ltd
V:NZP
 $3.25 Million
Real Estate Credit Investments Limited
LSE:RECI
 $3.24 Million
Qlife Holding AB
ST:QLIFE
 $3.24 Million
Victorian Plumbing Group PLC
LSE:VIC
 $3.24 Million

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: $154,301,364
  • Average return on equity (ROE) among peers: -8.32%

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 $3.25 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
Microlink Solutions Bhd (0126) $56.55 Million 2.38% 2.08x $32.31 Million
Diversified Gateway Solutions Bhd (0131) $55.19 Million 6.62% 0.85x $15.91 Million

About TFP Solutions Bhd

KLSE:0145 Malaysia Information Technology Services
Market Cap
$3.25 Million
RM12.95 Million MYR
Market Cap Rank
#29087 Global
#956 in Malaysia
Share Price
RM0.02
Change (1 day)
+0.00%
52-Week Range
RM0.02 - RM0.04
All Time High
RM0.25
Categories
Companies in Malaysia Information Technology Services Technology AI & Machine Learning
About

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