Careplus Group Bhd (0163) - Net Assets

Latest as of June 2025: RM215.13 Million MYR ≈ $54.01 Million USD

Based on the latest financial reports, Careplus Group Bhd (0163) has net assets worth RM215.13 Million MYR (≈ $54.01 Million USD) 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 ≈ $71.96 Million USD) and total liabilities (RM71.48 Million ≈ $17.95 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 0163 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see Careplus Group Bhd (0163) market capitalisation.

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. Also explore Careplus Group Bhd (0163) net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	RM215.13 Million ≈ $54.01 Million	-23.46%
2023-12-31	RM281.07 Million ≈ $70.57 Million	+4.66%
2022-12-31	RM268.56 Million ≈ $67.43 Million	-44.70%
2021-12-31	RM485.67 Million ≈ $121.93 Million	+85.08%
2020-12-31	RM262.40 Million ≈ $65.88 Million	+171.55%
2019-12-31	RM96.63 Million ≈ $24.26 Million	-30.26%
2018-12-31	RM138.56 Million ≈ $34.79 Million	+5.90%
2017-12-31	RM130.84 Million ≈ $32.85 Million	+7.41%
2016-12-31	RM121.82 Million ≈ $30.58 Million	+45.44%
2015-12-31	RM83.76 Million ≈ $21.03 Million	+29.10%
2014-12-31	RM64.88 Million ≈ $16.29 Million	+12.45%
2013-12-31	RM57.70 Million ≈ $14.49 Million	+8.47%
2012-12-31	RM53.19 Million ≈ $13.35 Million	+21.51%
2011-12-31	RM43.78 Million ≈ $10.99 Million	+44.16%
2010-12-31	RM30.37 Million ≈ $7.62 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
MOUNTAIN VALLEY MD HLDGS F:20MP	$16.44 Million
BR.SCH.ED.HLD.SP.ADR CL.A F:BSK0	$16.44 Million
Enzo Biochem Inc NYSE:ENZ	$16.44 Million
Genenta Science SpA ADR NASDAQ:GNTA	$16.45 Million
KB SPAC 5 KQ:208350	$16.42 Million
PDS Biotechnology Corp NASDAQ:PDSB	$16.40 Million
Step One Clothing Ltd AU:STP	$16.39 Million
Metalliance SA PA:MLETA	$16.39 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: 0.30x
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 0.66x to 0.30x 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	RM0.09	x
2011-12-31	RM0.11	RM0.09	x
2012-12-31	RM0.12	RM0.09	x
2013-12-31	RM0.12	RM0.09	x
2014-12-31	RM0.13	RM0.09	x
2015-12-31	RM0.16	RM0.09	x
2016-12-31	RM0.22	RM0.09	x
2017-12-31	RM0.20	RM0.09	x
2018-12-31	RM0.20	RM0.09	x
2019-12-31	RM0.18	RM0.09	x
2020-12-31	RM0.49	RM0.09	x
2021-12-31	RM0.87	RM0.09	x
2022-12-31	RM0.47	RM0.09	x
2023-12-31	RM0.45	RM0.09	x
2024-12-31	RM0.28	RM0.09	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: $827,198,607
Average return on equity (ROE) among peers: 1.88%

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	$16.42 Million
Inix Technologies Holdings Bhd (0094)	$7.67 Million	-0.62%	0.31x	$3.94 Million
Focus Point Holdings Bhd (0157)	$68.31 Million	15.57%	1.81x	$79.51 Million
LKL International Bhd (0182)	$135.88 Million	-38.00%	0.13x	$3.41 Million
GETS Global Bhd (5079)	$21.19 Million	-86.66%	3.58x	$14.63 Million
Supermax Corporation Bhd (7106)	$4.47 Billion	-3.93%	0.08x	$310.87 Million
Top Glove Corporation Bhd (7113)	$2.39 Billion	18.14%	1.20x	$1.63 Billion
Kossan Rubber Industries Bhd (7153)	$205.91 Million	22.41%	1.12x	$780.80 Million
Adventa Bhd (7191)	$73.00 Million	112.33%	0.34x	$10.74 Million
Iconic Worldwide Bhd (9113)	$71.81 Million	-22.35%	0.16x	$33.89 Million

About Careplus Group Bhd

KLSE:0163 Malaysia Medical Instruments & Supplies

Market Cap

$16.42 Million

RM65.40 Million MYR

Market Cap Rank

#25822 Global

#735 in Malaysia

Share Price

RM0.09

Change (1 day)

+0.00%

52-Week Range

RM0.07 - RM0.10

All Time High

RM5.23