EA Holdings Bhd
EA Holdings Berhad, an investment holding company, provides business intelligence software and development, IT service management consultancy, and system integration services in Malaysia. The company operates through ICT Services, RFID System, and F&B Distribution segments. The ICT Services segment offers E-business software application services. The RFID System segment provides integrated securi… Read more
EA Holdings Bhd (0154) - Net Assets
Latest net assets as of September 2025: RM89.56 Million MYR
Based on the latest financial reports, EA Holdings Bhd (0154) has net assets worth RM89.56 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 (RM95.07 Million) and total liabilities (RM5.51 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 | RM89.56 Million |
| % of Total Assets | 94.2% |
| Annual Growth Rate | -3.47% |
| 5-Year Change | -31.21% |
| 10-Year Change | N/A |
| Growth Volatility | 19.62 |
EA Holdings Bhd - Net Assets Trend (2015–2024)
This chart illustrates how EA Holdings 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 EA Holdings Bhd (2015–2024)
The table below shows the annual net assets of EA Holdings Bhd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | RM83.66 Million | -27.63% |
| 2023-03-31 | RM115.59 Million | -14.25% |
| 2022-03-31 | RM134.80 Million | +25.92% |
| 2021-03-31 | RM107.05 Million | -11.98% |
| 2020-03-31 | RM121.62 Million | -30.70% |
| 2019-03-31 | RM175.50 Million | +7.62% |
| 2018-03-31 | RM163.07 Million | +23.19% |
| 2017-03-31 | RM132.38 Million | +2.19% |
| 2016-03-31 | RM129.54 Million | +12.65% |
| 2015-03-31 | RM115.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EA Holdings 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 277.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM136.69 Million | 163.39% |
| Total Equity | RM83.66 Million | 100.00% |
EA Holdings Bhd Competitors by Market Cap
The table below lists competitors of EA Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BluGlass Limited
PINK:BUGLF
|
$3.07 Million |
|
Amplitech Group, Inc. Series B Right
NASDAQ:AMPGZ
|
$3.07 Million |
|
SILVER BULLET DATA LS-01
F:68Q
|
$3.07 Million |
|
Fintec Global Bhd
KLSE:0150
|
$3.07 Million |
|
HLT Global Bhd
KLSE:0188
|
$3.07 Million |
|
Indiva Ltd
PINK:NDVAF
|
$3.06 Million |
|
Bedding World Co., Ltd.
TWO:2938
|
$3.06 Million |
|
WestBond Enterprises Corporation
PINK:WBNEF
|
$3.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EA Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 115,593,510 to 83,658,380, a change of -31,935,130 (-27.6%).
- Net loss of 31,936,640 reduced equity.
- Share repurchases of 1,510 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-31.94 Million | -38.18% |
| Share Repurchases | RM1.51K | -0.0% |
| Other Changes | RM3.02K | +0.0% |
| Total Change | RM- | -27.63% |
Book Value vs Market Value Analysis
This analysis compares EA Holdings 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: 0.39x
- 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 0.50x to 0.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | RM0.01 | RM0.01 | x |
| 2017-03-31 | RM0.01 | RM0.01 | x |
| 2018-03-31 | RM0.01 | RM0.01 | x |
| 2019-03-31 | RM0.01 | RM0.01 | x |
| 2020-03-31 | RM0.00 | RM0.01 | x |
| 2021-03-31 | RM0.00 | RM0.01 | x |
| 2022-03-31 | RM0.02 | RM0.01 | x |
| 2023-03-31 | RM0.02 | RM0.01 | x |
| 2024-03-31 | RM0.01 | RM0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EA Holdings 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): -38.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -51.62%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.10x
- Recent ROE (-38.18%) is below the historical average (-17.39%), 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 | 3.98% | 11.37% | 0.32x | 1.10x | RM-6.92 Million |
| 2016 | -24.36% | -87.89% | 0.26x | 1.07x | RM-44.51 Million |
| 2017 | 2.14% | 7.38% | 0.27x | 1.07x | RM-10.41 Million |
| 2018 | -4.85% | -37.95% | 0.12x | 1.05x | RM-24.21 Million |
| 2019 | -28.79% | -189.43% | 0.14x | 1.05x | RM-68.08 Million |
| 2020 | -44.30% | -106.79% | 0.37x | 1.11x | RM-66.04 Million |
| 2021 | -13.61% | -32.34% | 0.37x | 1.15x | RM-25.27 Million |
| 2022 | -11.00% | -33.30% | 0.31x | 1.08x | RM-28.50 Million |
| 2023 | -14.95% | -19.83% | 0.66x | 1.14x | RM-28.84 Million |
| 2024 | -38.18% | -51.62% | 0.67x | 1.10x | RM-40.30 Million |
Industry Comparison
This section compares EA Holdings Bhd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $2,888,812,493
- Average return on equity (ROE) among peers: 0.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EA Holdings Bhd (0154) | RM89.56 Million | 3.98% | 0.06x | $3.07 Million |
| Digistar Corporation Bhd (0029) | $64.23 Million | 20.26% | 5.59x | $1.85 Million |
| Key Alliance Group Bhd (0036) | $41.31 Million | -10.37% | 0.81x | $1.39 Million |
| MSCM Holdings Bhd (0041) | $30.95 Million | 18.15% | 0.52x | $1.48 Million |
| Asdion Bhd (0068) | $11.85 Million | -65.79% | 0.48x | $1.33 Million |
| Sports Toto Berhad (1562) | $1.25 Billion | 18.98% | 2.20x | $173.30 Million |
| Batu Kawan Bhd (1899) | $8.87 Billion | 5.88% | 0.60x | $248.59 Million |
| Hap Seng Consolidated Bhd (3034) | $6.42 Billion | 17.20% | 0.90x | $288.24 Million |
| Berjaya Assets Bhd (3239) | $2.01 Billion | -6.15% | 0.63x | $25.63 Million |
| IJM Corporation Bhd (3336) | $7.30 Billion | 5.77% | 1.07x | $1.78 Billion |