Widad Group Bhd
Widad Group Berhad, an investment holding company, engages in the construction and integrated facilities management activities in Malaysia. It operates through Integrated Facility Management, Constructions, Concession, and Other segments. The company offers integrated facilities management services, including scheduled and ad hoc maintenance, and upgrading and renovation services. It also constru… Read more
Widad Group Bhd (0162) - Net Assets
Latest net assets as of June 2025: RM433.83 Million MYR
Based on the latest financial reports, Widad Group Bhd (0162) has net assets worth RM433.83 Million MYR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM979.93 Million) and total liabilities (RM546.10 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 | RM433.83 Million |
| % of Total Assets | 44.27% |
| Annual Growth Rate | 28.69% |
| 5-Year Change | 139.33% |
| 10-Year Change | 1545.49% |
| Growth Volatility | 104.27 |
Widad Group Bhd - Net Assets Trend (2010–2024)
This chart illustrates how Widad Group 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 Widad Group Bhd (2010–2024)
The table below shows the annual net assets of Widad Group Bhd from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM432.46 Million | -5.24% |
| 2023-12-31 | RM456.36 Million | +22.65% |
| 2022-12-31 | RM372.09 Million | +3.96% |
| 2021-12-31 | RM357.92 Million | +98.08% |
| 2020-12-31 | RM180.69 Million | +8.89% |
| 2019-12-31 | RM165.94 Million | +7.80% |
| 2018-12-31 | RM153.94 Million | +410.89% |
| 2017-12-31 | RM30.13 Million | +10.15% |
| 2016-12-31 | RM27.35 Million | +4.08% |
| 2015-12-31 | RM26.28 Million | +30.48% |
| 2014-12-31 | RM20.14 Million | -0.49% |
| 2013-12-31 | RM20.24 Million | +15.05% |
| 2012-12-31 | RM17.59 Million | -0.24% |
| 2011-12-31 | RM17.64 Million | +39.40% |
| 2010-12-31 | RM12.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Widad Group 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 3815.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM128.82 Million | 29.79% |
| Common Stock | RM303.64 Million | 70.21% |
| Total Equity | RM432.47 Million | 100.00% |
Widad Group Bhd Competitors by Market Cap
The table below lists competitors of Widad Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BitFuFu Inc. Warrant
NASDAQ:FUFUW
|
$3.73 Million |
|
World Technology Corp
PINK:HLOC
|
$3.73 Million |
|
Argo Gold Inc
PINK:ARBTF
|
$3.73 Million |
|
Trek Resources Inc
PINK:TRKX
|
$3.73 Million |
|
Heliogen Inc
OTCQX:HLGN
|
$3.73 Million |
|
ALUMEXX N.V. NAM. EO-10
F:NE8F
|
$3.73 Million |
|
ValiRx plc
LSE:VAL
|
$3.73 Million |
|
Major Development Public Company Limited
BK:MJD
|
$3.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Widad Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 456,360,665 to 432,466,000, a change of -23,894,665 (-5.2%).
- Net loss of 23,895,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-23.89 Million | -5.53% |
| Other Changes | RM335.00 | +0.0% |
| Total Change | RM- | -5.24% |
Book Value vs Market Value Analysis
This analysis compares Widad Group 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: 0.07x
- 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 |
|---|---|---|---|
| 2010-12-31 | RM0.14 | RM0.01 | x |
| 2011-12-31 | RM0.16 | RM0.01 | x |
| 2012-12-31 | RM0.15 | RM0.01 | x |
| 2013-12-31 | RM0.17 | RM0.01 | x |
| 2014-12-31 | RM0.18 | RM0.01 | x |
| 2015-12-31 | RM0.20 | RM0.01 | x |
| 2016-12-31 | RM0.20 | RM0.01 | x |
| 2017-12-31 | RM0.22 | RM0.01 | x |
| 2018-12-31 | RM0.07 | RM0.01 | x |
| 2019-12-31 | RM0.07 | RM0.01 | x |
| 2020-12-31 | RM0.06 | RM0.01 | x |
| 2021-12-31 | RM0.12 | RM0.01 | x |
| 2022-12-31 | RM0.14 | RM0.01 | x |
| 2023-12-31 | RM0.15 | RM0.01 | x |
| 2024-12-31 | RM0.14 | RM0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Widad Group 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): -5.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.35%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.40x
- Recent ROE (-5.53%) is below the historical average (3.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 30.99% | 32.17% | 0.72x | 1.34x | RM2.66 Million |
| 2011 | -16.51% | -14.52% | 0.97x | 1.17x | RM-4.67 Million |
| 2012 | 1.78% | 1.29% | 1.10x | 1.26x | RM-1.45 Million |
| 2013 | 5.86% | 3.40% | 1.09x | 1.58x | RM-865.25K |
| 2014 | -17.37% | -10.02% | 1.01x | 1.72x | RM-6.09 Million |
| 2015 | -3.30% | -2.37% | 0.64x | 2.18x | RM-3.51 Million |
| 2016 | 5.79% | 3.73% | 0.71x | 2.20x | RM-1.16 Million |
| 2017 | 10.19% | 1.29% | 3.99x | 1.97x | RM56.21K |
| 2018 | 12.51% | 6.66% | 0.77x | 2.45x | RM3.86 Million |
| 2019 | 7.23% | 6.42% | 0.48x | 2.35x | RM-4.59 Million |
| 2020 | 2.22% | 4.67% | 0.21x | 2.27x | RM-14.06 Million |
| 2021 | 19.78% | 80.64% | 0.10x | 2.42x | RM35.00 Million |
| 2022 | -1.65% | -3.82% | 0.17x | 2.49x | RM-43.34 Million |
| 2023 | -3.64% | -7.21% | 0.21x | 2.38x | RM-62.26 Million |
| 2024 | -5.53% | -17.35% | 0.13x | 2.40x | RM-67.14 Million |
Industry Comparison
This section compares Widad Group Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $85,543,598
- Average return on equity (ROE) among peers: 12.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Widad Group Bhd (0162) | RM433.83 Million | 30.99% | 1.26x | $3.73 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |