Pasukhas Group Bhd
Midtown Group Berhad, an investment holding company, operates as a civil, mechanical, and electrical company serving various market segments in Malaysia. The company operates through Civil Engineering and Consultation, M&E Engineering Services, Manufacturing of LV Switchboards, and Investment Holdings and Others segments. It provides design, system integration, fabrication, installation, and test… Read more
Pasukhas Group Bhd (0177) - Net Assets
Latest net assets as of September 2025: RM100.12 Million MYR
Based on the latest financial reports, Pasukhas Group Bhd (0177) has net assets worth RM100.12 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 (RM173.89 Million) and total liabilities (RM73.77 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 | RM100.12 Million |
| % of Total Assets | 57.58% |
| Annual Growth Rate | 14.35% |
| 5-Year Change | 80.75% |
| 10-Year Change | N/A |
| Growth Volatility | 72.88 |
Pasukhas Group Bhd - Net Assets Trend (2015–2024)
This chart illustrates how Pasukhas 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 Pasukhas Group Bhd (2015–2024)
The table below shows the annual net assets of Pasukhas Group Bhd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM101.62 Million | -25.47% |
| 2023-12-31 | RM136.35 Million | -11.05% |
| 2022-12-31 | RM153.30 Million | -7.28% |
| 2021-12-31 | RM165.33 Million | +194.05% |
| 2020-12-31 | RM56.22 Million | -11.44% |
| 2019-12-31 | RM63.49 Million | -14.51% |
| 2018-12-31 | RM74.27 Million | -9.40% |
| 2017-12-31 | RM81.97 Million | +126.84% |
| 2016-12-31 | RM36.14 Million | +18.87% |
| 2015-12-31 | RM30.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pasukhas 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 11081300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM213.75 Million | 207.76% |
| Total Equity | RM102.88 Million | 100.00% |
Pasukhas Group Bhd Competitors by Market Cap
The table below lists competitors of Pasukhas Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Franklin Mining Inc
PINK:FMNJ
|
$1.72 Million |
|
AMETEK
BE:AK1
|
$1.72 Million |
|
Revelation Biosciences Inc
NASDAQ:REVB
|
$1.72 Million |
|
Reflect Scientific Inc
OTCQB:RSCF
|
$1.73 Million |
|
Djasa Ubersakti Tbk
JK:PTDU
|
$1.72 Million |
|
Grupo Mexicano de Desarrollo S.A.B
PINK:GMXDF
|
$1.72 Million |
|
D'IETEREN (DJDA.SG)
STU:DJDA
|
$1.72 Million |
|
Lead Real Estate Co., Ltd American Depositary Shares
NASDAQ:LRE
|
$1.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pasukhas Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 136,354,770 to 102,884,000, a change of -33,470,770 (-24.5%).
- Net loss of 33,471,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-33.47 Million | -32.53% |
| Other Changes | RM230.00 | +0.0% |
| Total Change | RM- | -24.55% |
Book Value vs Market Value Analysis
This analysis compares Pasukhas 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: 0.13x
- 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 |
|---|---|---|---|
| 2016-12-31 | RM0.41 | RM0.07 | x |
| 2017-12-31 | RM0.52 | RM0.07 | x |
| 2018-12-31 | RM0.47 | RM0.07 | x |
| 2019-12-31 | RM4.02 | RM0.07 | x |
| 2020-12-31 | RM2.43 | RM0.07 | x |
| 2021-12-31 | RM1.17 | RM0.07 | x |
| 2022-12-31 | RM0.80 | RM0.07 | x |
| 2023-12-31 | RM0.72 | RM0.07 | x |
| 2024-12-31 | RM0.54 | RM0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pasukhas 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): -32.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -37.63%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.51x
- Recent ROE (-32.53%) is below the historical average (-18.10%), 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 | 2.95% | 1.32% | 1.02x | 2.19x | RM-2.14 Million |
| 2016 | -16.89% | -10.11% | 0.49x | 3.42x | RM-9.72 Million |
| 2017 | 0.74% | 1.65% | 0.21x | 2.09x | RM-7.59 Million |
| 2018 | -9.78% | -7.46% | 0.58x | 2.27x | RM-14.69 Million |
| 2019 | -17.20% | -37.53% | 0.20x | 2.27x | RM-17.27 Million |
| 2020 | -69.31% | -358.83% | 0.09x | 2.05x | RM-44.59 Million |
| 2021 | -11.64% | -24.15% | 0.35x | 1.37x | RM-35.78 Million |
| 2022 | -14.88% | -15.57% | 0.73x | 1.31x | RM-38.14 Million |
| 2023 | -12.43% | -22.67% | 0.40x | 1.39x | RM-30.58 Million |
| 2024 | -32.53% | -37.63% | 0.57x | 1.51x | RM-43.76 Million |
Industry Comparison
This section compares Pasukhas Group Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $127,998,251
- Average return on equity (ROE) among peers: 13.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pasukhas Group Bhd (0177) | RM100.12 Million | 2.95% | 0.74x | $1.72 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 |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 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 |