Boilermech Holdings Bhd
BM GreenTech Berhad, an investment holding company, designs, manufactures, sells, installs, repairs, and services biomass boilers. The company operates in three segments: Bio-Energy, Water Treatment, and Solar Energy. It manufactures, installs, and provides technical support for bio-energy systems, including the generation of energy from bio-based materials; and trades in related parts and access… Read more
Boilermech Holdings Bhd (0168) - Net Assets
Latest net assets as of December 2025: RM590.09 Million MYR
Based on the latest financial reports, Boilermech Holdings Bhd (0168) has net assets worth RM590.09 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM849.17 Million) and total liabilities (RM259.08 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 | RM590.09 Million |
| % of Total Assets | 69.49% |
| Annual Growth Rate | 15.22% |
| 5-Year Change | 152.19% |
| 10-Year Change | N/A |
| Growth Volatility | 32.42 |
Boilermech Holdings Bhd - Net Assets Trend (2016–2025)
This chart illustrates how Boilermech 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 Boilermech Holdings Bhd (2016–2025)
The table below shows the annual net assets of Boilermech Holdings Bhd from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM578.57 Million | +109.08% |
| 2024-03-31 | RM276.72 Million | +16.82% |
| 2023-03-31 | RM236.88 Million | -0.24% |
| 2022-03-31 | RM237.44 Million | +3.50% |
| 2021-03-31 | RM229.42 Million | +8.02% |
| 2020-03-31 | RM212.38 Million | +4.02% |
| 2019-03-31 | RM204.18 Million | +7.29% |
| 2018-03-31 | RM190.31 Million | +12.57% |
| 2017-03-31 | RM169.06 Million | +4.59% |
| 2016-03-31 | RM161.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Boilermech 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM562.12 Million | 100.00% |
| Total Equity | RM562.12 Million | 100.00% |
Boilermech Holdings Bhd Competitors by Market Cap
The table below lists competitors of Boilermech Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thai Metal Drum Manufacturing Public Company Limited
BK:TMD
|
$38.89 Million |
|
Omega Oil & Gas Ltd
AU:OMA
|
$38.89 Million |
|
DP Aircraft I Limited
LSE:DPA
|
$38.90 Million |
|
Wooree Bio Co.Ltd
KQ:082850
|
$38.92 Million |
|
Forge Resources Corp.
OTCQB:FRGGF
|
$38.87 Million |
|
Huneed Tech
KO:005870
|
$38.86 Million |
|
Laxmi Goldorna House Ltd
NSE:LGHL
|
$38.86 Million |
|
Man Zai Industrial Co Ltd
TWO:4543
|
$38.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Boilermech Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 261,541,240 to 562,121,000, a change of 300,579,760 (114.9%).
- Net income of 52,444,101 contributed positively to equity growth.
- Dividend payments of 11,610,000 reduced retained earnings.
- New share issuances of 121,926,199 increased equity.
- Other factors increased equity by 137,819,460.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM52.44 Million | +9.33% |
| Dividends Paid | RM11.61 Million | -2.07% |
| Share Issuances | RM121.93 Million | +21.69% |
| Other Changes | RM137.82 Million | +24.52% |
| Total Change | RM- | 114.93% |
Book Value vs Market Value Analysis
This analysis compares Boilermech 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: 1.57x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.91x to 1.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.33 | RM1.28 | x |
| 2018-03-31 | RM0.37 | RM1.28 | x |
| 2019-03-31 | RM0.40 | RM1.28 | x |
| 2020-03-31 | RM0.41 | RM1.28 | x |
| 2021-03-31 | RM0.44 | RM1.28 | x |
| 2022-03-31 | RM0.46 | RM1.28 | x |
| 2023-03-31 | RM0.46 | RM1.28 | x |
| 2024-03-31 | RM0.51 | RM1.28 | x |
| 2025-03-31 | RM0.82 | RM1.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Boilermech 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): 9.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.34%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.45x
- Recent ROE (9.33%) is below the historical average (11.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 19.03% | 11.83% | 0.87x | 1.85x | RM14.60 Million |
| 2017 | 13.64% | 9.72% | 0.87x | 1.62x | RM6.15 Million |
| 2018 | 10.81% | 9.11% | 0.73x | 1.62x | RM1.54 Million |
| 2019 | 13.02% | 11.32% | 0.73x | 1.57x | RM6.16 Million |
| 2020 | 10.95% | 10.10% | 0.74x | 1.47x | RM2.02 Million |
| 2021 | 9.79% | 9.46% | 0.66x | 1.58x | RM-482.21K |
| 2022 | 7.15% | 5.34% | 0.90x | 1.48x | RM-6.77 Million |
| 2023 | 5.94% | 3.73% | 0.97x | 1.65x | RM-9.61 Million |
| 2024 | 12.86% | 7.64% | 1.05x | 1.60x | RM7.48 Million |
| 2025 | 9.33% | 9.34% | 0.69x | 1.45x | RM-3.77 Million |
Industry Comparison
This section compares Boilermech Holdings Bhd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $61,223,454
- Average return on equity (ROE) among peers: 0.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Boilermech Holdings Bhd (0168) | RM590.09 Million | 19.03% | 0.44x | $38.89 Million |
| YBS International Bhd (0025) | $138.20 Million | -6.93% | 0.65x | $6.42 Million |
| AT Systematization Bhd (0072) | $61.56 Million | -14.21% | 0.33x | $3.46 Million |
| Genetec Technology Bhd (0104) | $81.54 Million | 15.23% | 0.56x | $24.03 Million |
| HLT Global Bhd (0188) | $47.90 Million | -54.49% | 1.51x | $3.07 Million |
| Greatech Technology Bhd (0208) | $69.87 Million | 45.40% | 1.18x | $394.88 Million |
| Aimflex Bhd (0209) | $65.28 Million | 12.88% | 0.21x | $14.70 Million |
| Flexidynamic Holdings Bhd (0231) | $24.39 Million | 18.57% | 1.53x | $1.77 Million |
| ECA (0267) | $53.32 Million | -14.68% | 0.24x | $7.00 Million |
| TP TEC Holding Berhad (03061) | $8.96 Million | 6.11% | 1.44x | $664.44 |