Eversafe Rubber Bhd Net Assets
Eversafe Rubber Bhd net assets. Based on the latest financial reports, Eversafe Rubber Bhd (0190) has net assets worth RM47.36 Million MYR (≈ $11.89 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM95.64 Million ≈ $24.01 Million USD) and total liabilities (RM48.28 Million ≈ $12.12 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. See 0190 equity financing ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM47.36 Million |
| % of Total Assets | 49.52% |
| Annual Growth Rate | 0.09% |
| 5-Year Change | -25.32% |
| 10-Year Change | -12.55% |
| Growth Volatility | 11.26 |
Net Assets of Eversafe Rubber Bhd (2015–2025)
Net assets of Eversafe Rubber Bhd from 2015 to 2025. This chart illustrates how Eversafe Rubber Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Eversafe Rubber Bhd net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Eversafe Rubber Bhd (2015–2025)
The table below shows the annual net assets of Eversafe Rubber Bhd from 2015 to 2025. For live market cap and overall valuation, see Eversafe Rubber Bhd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM48.58 Million ≈ $12.20 Million |
-14.58% |
| 2024-12-31 | RM56.88 Million ≈ $14.28 Million |
-5.91% |
| 2023-12-31 | RM60.45 Million ≈ $15.18 Million |
+2.27% |
| 2022-12-31 | RM59.11 Million ≈ $14.84 Million |
-9.14% |
| 2021-12-31 | RM65.06 Million ≈ $16.33 Million |
+4.15% |
| 2020-12-31 | RM62.46 Million ≈ $15.68 Million |
+1.21% |
| 2019-12-31 | RM61.72 Million ≈ $15.49 Million |
+2.33% |
| 2018-12-31 | RM60.31 Million ≈ $15.14 Million |
-11.83% |
| 2017-12-31 | RM68.40 Million ≈ $17.17 Million |
+23.12% |
| 2016-12-31 | RM55.56 Million ≈ $13.95 Million |
+15.43% |
| 2015-12-31 | RM48.13 Million ≈ $12.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Eversafe Rubber 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 144.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Eversafe Rubber Bhd Net Assets Breakdown (December 2025)
Eversafe Rubber Bhd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM65.43 Million | 134.68% |
| Total Equity | RM48.58 Million | 100.00% |
Eversafe Rubber Bhd Competitors by Market Cap
The table below lists competitors of Eversafe Rubber Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mexican Gold Corp
V:MEX
|
$6.35 Million |
|
Nanologica AB
ST:NICA
|
$6.35 Million |
|
ONCODES.PREC.MED. EO-34
F:ZR8
|
$6.35 Million |
|
Evergreen Lithium Ltd
AU:EG1
|
$6.35 Million |
|
BHB Brauholding Bayern-Mitte AG
F:B9B
|
$6.34 Million |
|
Foresight Group Holdings Limited
LSE:FSG
|
$6.34 Million |
|
Rockhopper Exploration
LSE:RKH
|
$6.33 Million |
|
FG Financial Group
NASDAQ:FGF
|
$6.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eversafe Rubber Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 56,875,100 to 48,580,920, a change of -8,294,180 (-14.6%).
- Net loss of 8,288,790 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-8.29 Million | -17.06% |
| Other Changes | RM-5.39K | -0.01% |
| Total Change | RM- | -14.58% |
Book Value vs Market Value Analysis
This analysis compares Eversafe Rubber 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: 0.52x
- 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 0.36x to 0.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.29 | RM0.11 | x |
| 2017-12-31 | RM0.28 | RM0.11 | x |
| 2018-12-31 | RM0.25 | RM0.11 | x |
| 2019-12-31 | RM0.26 | RM0.11 | x |
| 2020-12-31 | RM0.26 | RM0.11 | x |
| 2021-12-31 | RM0.27 | RM0.11 | x |
| 2022-12-31 | RM0.25 | RM0.11 | x |
| 2023-12-31 | RM0.25 | RM0.11 | x |
| 2024-12-31 | RM0.24 | RM0.11 | x |
| 2025-12-31 | RM0.20 | RM0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eversafe Rubber 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): -17.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.59%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 2.05x
- Recent ROE (-17.06%) is below the historical average (1.05%), 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 | 12.11% | 7.74% | 1.01x | 1.55x | RM1.02 Million |
| 2016 | 14.42% | 10.72% | 0.89x | 1.50x | RM2.46 Million |
| 2017 | 0.63% | 0.47% | 0.90x | 1.48x | RM-6.41 Million |
| 2018 | 1.40% | 0.75% | 1.17x | 1.60x | RM-5.18 Million |
| 2019 | 2.63% | 1.39% | 1.08x | 1.75x | RM-4.55 Million |
| 2020 | 5.44% | 3.29% | 0.95x | 1.74x | RM-2.85 Million |
| 2021 | 4.25% | 2.41% | 1.00x | 1.76x | RM-3.74 Million |
| 2022 | -7.55% | -3.08% | 1.11x | 2.21x | RM-10.38 Million |
| 2023 | 2.06% | 1.07% | 0.89x | 2.16x | RM-4.80 Million |
| 2024 | -6.80% | -3.95% | 0.85x | 2.04x | RM-9.56 Million |
| 2025 | -17.06% | -7.59% | 1.10x | 2.05x | RM-13.15 Million |
Industry Comparison
This section compares Eversafe Rubber Bhd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $299,000,375
- Average return on equity (ROE) among peers: 7.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eversafe Rubber Bhd (0190) | RM47.36 Million | 12.11% | 1.02x | $6.34 Million |
| Betamek Bhd (0263) | $80.75 Million | 13.46% | 0.26x | $73.47 Million |
| APM Automotive Holdings Bhd (5015) | $1.18 Billion | 8.33% | 0.27x | $123.69 Million |
| ABM Fujiya Bhd (5198) | $156.77 Million | -2.51% | 2.43x | $10.17 Million |
| Globaltec Formation Bhd (5220) | $370.00 Million | -10.00% | 0.35x | $56.42 Million |
| Solid Automotive Bhd (5242) | $134.11 Million | 4.26% | 0.17x | $13.69 Million |
| Pecca Group Bhd (5271) | $156.93 Million | 9.26% | 0.16x | $251.00 Million |
| Feytech Holdings Berhad (5322) | $217.44 Million | 20.18% | 0.34x | $43.40 Million |
| MCE Holdings Bhd (7004) | $68.00 Million | 16.18% | 0.44x | $54.75 Million |
| New Hoong Fatt Holdings Bhd (7060) | $330.00 Million | 5.76% | 0.21x | $53.14 Million |
About Eversafe Rubber Bhd
Eversafe Rubber Berhad, an investment holding company, develops, manufactures, distributes, and sells rubber-based tyre retread products to tyre retreaders and rubber material traders. The company offers masterbatch, pre-cured tread liners, camelbacks, cushion gums, repair ropes, sidewall veneers, and orbitreads. It is involved in the tyre retreading operations; and provision of polymer products … Read more