Salutica Bhd (0183) - Net Assets
Based on the latest financial reports, Salutica Bhd (0183) has net assets worth RM57.59 Million MYR (≈ $14.46 Million USD) 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 ≈ $18.68 Million USD) and total liabilities (RM16.82 Million ≈ $4.22 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 Salutica Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Salutica Bhd total assets for the complete picture of this company's asset base.
Annual Net Assets for Salutica Bhd (2015–2025)
The table below shows the annual net assets of Salutica Bhd from 2015 to 2025. For live valuation and market cap data, see 0183 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM57.84 Million ≈ $14.52 Million |
-22.72% |
| 2024-06-30 | RM74.85 Million ≈ $18.79 Million |
-36.55% |
| 2023-06-30 | RM117.97 Million ≈ $29.62 Million |
-19.48% |
| 2022-06-30 | RM146.50 Million ≈ $36.78 Million |
+11.39% |
| 2021-06-30 | RM131.52 Million ≈ $33.02 Million |
-6.88% |
| 2020-06-30 | RM141.24 Million ≈ $35.46 Million |
-9.99% |
| 2019-06-30 | RM156.92 Million ≈ $39.40 Million |
-6.08% |
| 2018-06-30 | RM167.07 Million ≈ $41.95 Million |
+1.24% |
| 2017-06-30 | RM165.02 Million ≈ $41.43 Million |
+6.48% |
| 2016-06-30 | RM154.98 Million ≈ $38.91 Million |
+103.44% |
| 2015-06-30 | RM76.18 Million ≈ $19.13 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 |
|---|---|
|
BTC Digital Ltd.
NASDAQ:BTCT
|
$11.71 Million |
|
Lovable Lingerie Limited
NSE:LOVABLE
|
$11.71 Million |
|
Ni Hsin Resources Bhd
KLSE:7215
|
$11.71 Million |
|
Jackpot Digital Inc
V:JJ
|
$11.71 Million |
|
SSH GROUP LTD
F:JRSA
|
$11.70 Million |
|
AirIQ Inc
V:IQ
|
$11.69 Million |
|
VCI Global Limited Ordinary Share
NASDAQ:VCIG
|
$11.69 Million |
|
TOMI Environmental Solutions Inc
NASDAQ:TOMZ
|
$11.68 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: 0.73x
- 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 increased from 0.25x to 0.73x 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 | RM0.10 | x |
| 2017-06-30 | RM0.43 | RM0.10 | x |
| 2018-06-30 | RM0.43 | RM0.10 | x |
| 2019-06-30 | RM0.41 | RM0.10 | x |
| 2020-06-30 | RM0.37 | RM0.10 | x |
| 2021-06-30 | RM0.34 | RM0.10 | x |
| 2022-06-30 | RM0.35 | RM0.10 | x |
| 2023-06-30 | RM0.28 | RM0.10 | x |
| 2024-06-30 | RM0.18 | RM0.10 | x |
| 2025-06-30 | RM0.14 | RM0.10 | 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 | $11.70 Million |
| Formosa Prosonic Industries (9172) | $320.08 Million | 13.04% | 0.54x | $64.61 Million |
About 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