Salutica Bhd
Salutica Berhad, through its subsidiary, Salutica Allied Solutions Sdn. Bhd., manufactures precision plastic parts and components for the electronics industry in the Americas, Asia, Europe, Malaysia, Australia, and Africa. The company designs, develops, and manufactures of mobile communication products, wireless electronics, and server for data processing center, and lifestyle devices. It is also… Read more
Salutica Bhd (0183) - Net Assets
Latest net assets as of September 2025: RM57.59 Million MYR
Based on the latest financial reports, Salutica Bhd (0183) has net assets worth RM57.59 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 (RM74.41 Million) and total liabilities (RM16.82 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 | RM57.59 Million |
| % of Total Assets | 77.4% |
| Annual Growth Rate | -2.72% |
| 5-Year Change | -56.02% |
| 10-Year Change | -62.68% |
| Growth Volatility | 36.39 |
Salutica Bhd - Net Assets Trend (2015–2025)
This chart illustrates how Salutica 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 Salutica Bhd (2015–2025)
The table below shows the annual net assets of Salutica Bhd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM57.84 Million | -22.72% |
| 2024-06-30 | RM74.85 Million | -36.55% |
| 2023-06-30 | RM117.97 Million | -19.48% |
| 2022-06-30 | RM146.50 Million | +11.39% |
| 2021-06-30 | RM131.52 Million | -6.88% |
| 2020-06-30 | RM141.24 Million | -9.99% |
| 2019-06-30 | RM156.92 Million | -6.08% |
| 2018-06-30 | RM167.07 Million | +1.24% |
| 2017-06-30 | RM165.02 Million | +6.48% |
| 2016-06-30 | RM154.98 Million | +103.44% |
| 2015-06-30 | RM76.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Salutica 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 221.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM113.56 Million | 196.33% |
| Total Equity | RM57.84 Million | 100.00% |
Salutica Bhd Competitors by Market Cap
The table below lists competitors of Salutica Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
High Peak Royalties Ltd
AU:HPR
|
$4.41 Million |
|
Inception Growth Acquisition Ltd
NASDAQ:IGTA
|
$4.41 Million |
|
LNG Energy Group Corp.
OTCQB:LNGNF
|
$4.41 Million |
|
Ecoslops SA
PA:ALESA
|
$4.41 Million |
|
COSCIENS Biopharma Inc.
NASDAQ:CSCI
|
$4.41 Million |
|
Gunpoint Exploration Ltd
PINK:CJIMF
|
$4.41 Million |
|
Orcay Ortakoy Cay Sanayi & Ticaret AS
IS:ORCAY
|
$4.40 Million |
|
Desane Group Holdings Ltd
AU:DGH
|
$4.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Salutica Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 74,848,830 to 57,840,810, a change of -17,008,020 (-22.7%).
- Net loss of 29,760,100 reduced equity.
- Share repurchases of 195,000 reduced equity.
- New share issuances of 195,000 increased equity.
- Other factors increased equity by 12,752,080.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-29.76 Million | -51.45% |
| Share Repurchases | RM195.00K | -0.34% |
| Share Issuances | RM195.00K | +0.34% |
| Other Changes | RM12.75 Million | +22.05% |
| Total Change | RM- | -22.72% |
Book Value vs Market Value Analysis
This analysis compares Salutica 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: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.35x to 1.03x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM0.40 | RM0.14 | x |
| 2017-06-30 | RM0.43 | RM0.14 | x |
| 2018-06-30 | RM0.43 | RM0.14 | x |
| 2019-06-30 | RM0.41 | RM0.14 | x |
| 2020-06-30 | RM0.37 | RM0.14 | x |
| 2021-06-30 | RM0.34 | RM0.14 | x |
| 2022-06-30 | RM0.35 | RM0.14 | x |
| 2023-06-30 | RM0.28 | RM0.14 | x |
| 2024-06-30 | RM0.18 | RM0.14 | x |
| 2025-06-30 | RM0.14 | RM0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Salutica 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): -51.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -146.97%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.28x
- Recent ROE (-51.45%) is below the historical average (-7.36%), 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 | 35.98% | 14.24% | 1.57x | 1.61x | RM19.79 Million |
| 2016 | 15.70% | 10.06% | 1.19x | 1.31x | RM8.83 Million |
| 2017 | 11.73% | 7.83% | 1.22x | 1.23x | RM2.85 Million |
| 2018 | 6.80% | 4.35% | 1.36x | 1.15x | RM-5.35 Million |
| 2019 | -0.35% | -0.40% | 0.81x | 1.10x | RM-16.24 Million |
| 2020 | -5.71% | -5.01% | 0.84x | 1.36x | RM-22.18 Million |
| 2021 | -7.39% | -4.36% | 1.15x | 1.47x | RM-22.88 Million |
| 2022 | -4.49% | -4.58% | 0.73x | 1.34x | RM-21.23 Million |
| 2023 | -24.19% | -44.68% | 0.45x | 1.21x | RM-40.33 Million |
| 2024 | -57.61% | -202.17% | 0.23x | 1.24x | RM-50.60 Million |
| 2025 | -51.45% | -146.97% | 0.27x | 1.28x | RM-35.54 Million |
Industry Comparison
This section compares Salutica Bhd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $320,083,723
- Average return on equity (ROE) among peers: 13.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Salutica Bhd (0183) | RM57.59 Million | 35.98% | 0.29x | $4.41 Million |
| Formosa Prosonic Industries (9172) | $320.08 Million | 13.04% | 0.54x | $31.51 Million |