Aemulus Holdings Bhd
Aemulus Holdings Berhad, an investment holding company, designs and develops automated test equipment, and test and measurement instruments in Malaysia, China, Singapore, Vietnam, Korea, the United States, Taiwan, and internationally. It offers include Amoeba 7600-SR, Amoeba5600, Amoeba 4200, and Amoeba 1831 equipment. The company also provides design consultancy and test-related services. In add… Read more
Aemulus Holdings Bhd (0181) - Net Assets
Latest net assets as of September 2025: RM113.42 Million MYR
Based on the latest financial reports, Aemulus Holdings Bhd (0181) has net assets worth RM113.42 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 (RM225.38 Million) and total liabilities (RM111.97 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 | RM113.42 Million |
| % of Total Assets | 50.32% |
| Annual Growth Rate | 5.22% |
| 5-Year Change | 0.72% |
| 10-Year Change | 73.25% |
| Growth Volatility | 26.03 |
Aemulus Holdings Bhd - Net Assets Trend (2015–2025)
This chart illustrates how Aemulus 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 Aemulus Holdings Bhd (2015–2025)
The table below shows the annual net assets of Aemulus Holdings Bhd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RM113.42 Million | +0.22% |
| 2024-09-30 | RM113.17 Million | -16.35% |
| 2023-09-30 | RM135.29 Million | -28.42% |
| 2022-09-30 | RM189.01 Million | +67.84% |
| 2021-09-30 | RM112.61 Million | +10.74% |
| 2020-09-30 | RM101.70 Million | +37.34% |
| 2019-09-30 | RM74.04 Million | -5.68% |
| 2018-09-30 | RM78.50 Million | +7.41% |
| 2017-09-30 | RM73.09 Million | +11.64% |
| 2016-09-30 | RM65.47 Million | -4.02% |
| 2015-09-30 | RM68.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aemulus 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 286.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM157.01 Million | 138.44% |
| Other Comprehensive Income | RM-2.49 Million | -2.20% |
| Total Equity | RM113.42 Million | 100.00% |
Aemulus Holdings Bhd Competitors by Market Cap
The table below lists competitors of Aemulus Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STPDF
PINK:STPDF
|
$16.03 Million |
|
PowerBand Solutions Inc
PINK:PWWBF
|
$16.03 Million |
|
GoHealth Inc.
NASDAQ:GOCO
|
$16.03 Million |
|
Sapmer
PA:ALMER
|
$16.04 Million |
|
Q-Gold Resources Ltd
V:QGR
|
$16.03 Million |
|
Papaya Growth Opportunity Corp I
NASDAQ:PPYA
|
$16.03 Million |
|
Zivo Bioscience Inc
NASDAQ:ZIVO
|
$16.03 Million |
|
Fondia Oyj
HE:FONDIA
|
$16.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aemulus Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 113,167,761 to 113,419,000, a change of 251,239 (0.2%).
- Net income of 4,036,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,895,543.
- Other factors decreased equity by 1,889,218.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM4.04 Million | +3.56% |
| Other Comprehensive Income | RM-1.90 Million | -1.67% |
| Other Changes | RM-1.89 Million | -1.67% |
| Total Change | RM- | 0.22% |
Book Value vs Market Value Analysis
This analysis compares Aemulus 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: 0.92x
- 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 |
|---|---|---|---|
| 2015-09-30 | RM0.15 | RM0.16 | x |
| 2016-09-30 | RM0.12 | RM0.16 | x |
| 2017-09-30 | RM0.13 | RM0.16 | x |
| 2018-09-30 | RM0.14 | RM0.16 | x |
| 2019-09-30 | RM0.13 | RM0.16 | x |
| 2020-09-30 | RM0.18 | RM0.16 | x |
| 2021-09-30 | RM0.19 | RM0.16 | x |
| 2022-09-30 | RM0.29 | RM0.16 | x |
| 2023-09-30 | RM0.20 | RM0.16 | x |
| 2024-09-30 | RM0.17 | RM0.16 | x |
| 2025-09-30 | RM0.17 | RM0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aemulus 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): 3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.86%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.99x
- Recent ROE (3.56%) is above the historical average (-1.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 13.29% | 27.82% | 0.43x | 1.11x | RM2.25 Million |
| 2016 | -4.18% | -12.44% | 0.32x | 1.05x | RM-9.28 Million |
| 2017 | 10.33% | 18.85% | 0.48x | 1.14x | RM242.94K |
| 2018 | 6.75% | 14.33% | 0.42x | 1.11x | RM-2.55 Million |
| 2019 | -4.34% | -11.15% | 0.32x | 1.21x | RM-10.62 Million |
| 2020 | -3.55% | -18.70% | 0.15x | 1.27x | RM-13.78 Million |
| 2021 | 9.28% | 17.11% | 0.39x | 1.41x | RM-811.29K |
| 2022 | 6.62% | 17.14% | 0.30x | 1.29x | RM-6.38 Million |
| 2023 | -40.40% | -217.77% | 0.14x | 1.34x | RM-68.18 Million |
| 2024 | -19.27% | -53.32% | 0.24x | 1.48x | RM-33.13 Million |
| 2025 | 3.56% | 4.86% | 0.37x | 1.99x | RM-7.31 Million |
Industry Comparison
This section compares Aemulus Holdings Bhd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $351,197,067
- Average return on equity (ROE) among peers: 13.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aemulus Holdings Bhd (0181) | RM113.42 Million | 13.29% | 0.99x | $16.03 Million |
| Elsoft Research Bhd (0090) | $138.93 Million | 30.93% | 0.09x | $11.77 Million |
| ViTrox Corporation Bhd (0097) | $1.13 Billion | 11.75% | 0.36x | $604.35 Million |
| MMS Ventures Bhd (0113) | $61.33 Million | 12.36% | 0.13x | $4.05 Million |
| VisDynamics Holdings Bhd (0120) | $44.26 Million | 11.45% | 0.22x | $4.90 Million |
| JF Technology BHD (0146) | $134.18 Million | 2.65% | 0.13x | $32.65 Million |
| Inari Amertron Bhd (0166) | $1.38 Billion | 23.99% | 0.32x | $917.68 Million |
| TT Vision Holdings Berhad (0272) | $52.98 Million | 15.74% | 0.53x | $3.97 Million |
| Turiya Bhd (4359) | $122.62 Million | -2.15% | 0.44x | $2.05 Million |
| FoundPac Group Bhd (5277) | $96.01 Million | 16.73% | 0.12x | $15.24 Million |