Careplus Group Bhd

KLSE:0163 Malaysia Medical Instruments & Supplies
Market Cap
$12.81 Million
RM57.71 Million MYR
Market Cap Rank
#29000 Global
#553 in Malaysia
Share Price
RM0.08
Change (1 day)
-6.25%
52-Week Range
RM0.07 - RM0.18
All Time High
RM5.23
Categories
Companies in Malaysia Medical Instruments & Supplies
About

Careplus Group Berhad, an investment holding company, manufactures and processes gloves in South America, North America, Malaysia, rest of Asia Pacific, and internationally. It offers latex exam gloves for use in medical examinations and procedures, diagnostic procedures by dentists, laboratory practices, and food handling practices; Nitrile examination gloves; and surgical gloves. The company al… Read more

Careplus Group Bhd (0163) - Net Assets

Latest net assets as of June 2025: RM215.13 Million MYR

Based on the latest financial reports, Careplus Group Bhd (0163) has net assets worth RM215.13 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 (RM286.61 Million) and total liabilities (RM71.48 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 RM215.13 Million
% of Total Assets 75.06%
Annual Growth Rate 15.01%
5-Year Change -18.01%
10-Year Change 156.85%
Growth Volatility 51.87

Careplus Group Bhd - Net Assets Trend (2010–2024)

This chart illustrates how Careplus 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 Careplus Group Bhd (2010–2024)

The table below shows the annual net assets of Careplus Group Bhd from 2010 to 2024.

Year Net Assets Change
2024-12-31 RM215.13 Million -23.46%
2023-12-31 RM281.07 Million +4.66%
2022-12-31 RM268.56 Million -44.70%
2021-12-31 RM485.67 Million +85.08%
2020-12-31 RM262.40 Million +171.55%
2019-12-31 RM96.63 Million -30.26%
2018-12-31 RM138.56 Million +5.90%
2017-12-31 RM130.84 Million +7.41%
2016-12-31 RM121.82 Million +45.44%
2015-12-31 RM83.76 Million +29.10%
2014-12-31 RM64.88 Million +12.45%
2013-12-31 RM57.70 Million +8.47%
2012-12-31 RM53.19 Million +21.51%
2011-12-31 RM43.78 Million +44.16%
2010-12-31 RM30.37 Million --

Equity Component Analysis

This analysis shows how different components contribute to Careplus 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 decreased by 6338.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components RM232.47 Million 107.50%
Total Equity RM216.26 Million 100.00%

Careplus Group Bhd Competitors by Market Cap

The table below lists competitors of Careplus Group Bhd ranked by their market capitalization.

Company Market Cap
WASHINGTON POST -B- - Dusseldorf Stock Exchang
DU:WPOB
 		$8.97 Million
Parkson Retail Group Limited
F:P5IB
 		$8.98 Million
Quetta Acquisition Corporation Common Stock
NASDAQ:QETA
 		$8.98 Million
LleidaNetworks Serveis Telemàtics S.A
OTCQX:LLEIF
 		$8.98 Million
Seoul Pharma Co. Ltd
KQ:018680
 		$8.97 Million
Blum Holdings Inc
OTCQB:BLMH
 		$8.97 Million
Great Southern Mining Ltd
AU:GSN
 		$8.97 Million
Tractial S.A.
PA:ALTRA
 		$8.97 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Careplus Group Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 282,480,000 to 216,256,174, a change of -66,223,826 (-23.4%).
  • Net loss of 81,628,349 reduced equity.
  • New share issuances of 15,738,569 increased equity.
  • Other comprehensive income decreased equity by 1,227,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM-81.63 Million -37.75%
Share Issuances RM15.74 Million +7.28%
Other Comprehensive Income RM-1.23 Million -0.57%
Other Changes RM892.95K +0.41%
Total Change RM- -23.44%

Book Value vs Market Value Analysis

This analysis compares Careplus 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: 0.27x
  • 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 0.59x to 0.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-12-31 RM0.13 RM0.08 x
2011-12-31 RM0.11 RM0.08 x
2012-12-31 RM0.12 RM0.08 x
2013-12-31 RM0.12 RM0.08 x
2014-12-31 RM0.13 RM0.08 x
2015-12-31 RM0.16 RM0.08 x
2016-12-31 RM0.22 RM0.08 x
2017-12-31 RM0.20 RM0.08 x
2018-12-31 RM0.20 RM0.08 x
2019-12-31 RM0.18 RM0.08 x
2020-12-31 RM0.49 RM0.08 x
2021-12-31 RM0.87 RM0.08 x
2022-12-31 RM0.47 RM0.08 x
2023-12-31 RM0.45 RM0.08 x
2024-12-31 RM0.28 RM0.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Careplus 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): -37.75%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -82.51%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 1.33x
  • Recent ROE (-37.75%) is below the historical average (1.43%), 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 10.34% 6.65% 1.15x 1.35x RM102.53K
2011 5.61% 3.57% 0.80x 1.97x RM-1.55 Million
2012 7.02% 3.05% 0.80x 2.87x RM-1.26 Million
2013 2.92% 0.99% 0.93x 3.17x RM-3.09 Million
2014 6.77% 2.08% 0.93x 3.48x RM-1.51 Million
2015 9.89% 3.15% 0.90x 3.48x RM-65.29K
2016 0.17% 0.07% 0.78x 3.16x RM-9.13 Million
2017 -1.96% -0.59% 1.13x 2.92x RM-11.72 Million
2018 -1.40% -0.42% 1.14x 2.92x RM-11.62 Million
2019 -8.09% -2.14% 1.34x 2.82x RM-17.48 Million
2020 46.74% 25.75% 1.08x 1.69x RM96.26 Million
2021 45.52% 31.55% 1.15x 1.25x RM172.38 Million
2022 -54.88% -71.81% 0.57x 1.34x RM-173.98 Million
2023 -9.41% -31.28% 0.24x 1.28x RM-54.82 Million
2024 -37.75% -82.51% 0.35x 1.33x RM-103.25 Million

Industry Comparison

This section compares Careplus Group Bhd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.

Industry Context

  • Industry: Medical Instruments & Supplies
  • Average net assets among peers: $745,883,061
  • Average return on equity (ROE) among peers: -6.25%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Careplus Group Bhd (0163) RM215.13 Million 10.34% 0.33x $8.97 Million
Inix Technologies Holdings Bhd (0094) $22.93 Million -66.86% -0.31x $2.45 Million
Focus Point Holdings Bhd (0157) $135.02 Million 24.58% 1.14x $22.86 Million
LKL International Bhd (0182) $150.95 Million 0.75% 0.11x $1.83 Million
GETS Global Bhd (5079) $44.76 Million -28.13% 1.26x $1.79 Million
Supermax Corporation Bhd (7106) $4.69 Billion -3.00% 0.12x $108.57 Million
Adventa Bhd (7191) $66.95 Million 33.51% 0.52x $4.22 Million
Iconic Worldwide Bhd (9113) $109.00 Million -4.59% 0.15x $7.58 Million