Kejuruteraan Asastera Bhd (0193) - Net Assets

Latest as of September 2025: RM312.64 Million MYR ≈ $78.49 Million USD

Based on the latest financial reports, Kejuruteraan Asastera Bhd (0193) has net assets worth RM312.64 Million MYR (≈ $78.49 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 (RM629.70 Million ≈ $158.10 Million USD) and total liabilities (RM317.06 Million ≈ $79.60 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 0193 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM312.64 Million
% of Total Assets	49.65%
Annual Growth Rate	43.72%
5-Year Change	247.14%
10-Year Change	N/A
Growth Volatility	45.33

Kejuruteraan Asastera Bhd - Net Assets Trend (2015–2024)

This chart illustrates how Kejuruteraan Asastera Bhd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Kejuruteraan Asastera Bhd's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Kejuruteraan Asastera Bhd (2015–2024)

The table below shows the annual net assets of Kejuruteraan Asastera Bhd from 2015 to 2024. For live valuation and market cap data, see Kejuruteraan Asastera Bhd (0193) market capitalisation.

Year	Net Assets	Change
2024-12-31	RM277.95 Million ≈ $69.78 Million	+31.10%
2023-12-31	RM212.02 Million ≈ $53.23 Million	+57.01%
2022-12-31	RM135.03 Million ≈ $33.90 Million	+8.29%
2021-12-31	RM124.69 Million ≈ $31.31 Million	+55.73%
2020-12-31	RM80.07 Million ≈ $20.10 Million	+12.15%
2019-12-31	RM71.39 Million ≈ $17.92 Million	+47.93%
2018-12-31	RM48.26 Million ≈ $12.12 Million	+12.50%
2017-12-31	RM42.90 Million ≈ $10.77 Million	+166.06%
2016-12-31	RM16.12 Million ≈ $4.05 Million	+51.85%
2015-12-31	RM10.62 Million ≈ $2.67 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Kejuruteraan Asastera 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 grown by 754.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	RM82.16 Million	29.95%
Other Components	RM192.15 Million	70.05%
Total Equity	RM274.31 Million	100.00%

Kejuruteraan Asastera Bhd Competitors by Market Cap

The table below lists competitors of Kejuruteraan Asastera Bhd ranked by their market capitalization.

Company	Market Cap
Inesa Intelligent Tech Inc B SHG:900901	$211.23 Million
Voyager Therapeutics Inc NASDAQ:VYGR	$211.28 Million
Hanyang Securities Co Ltd KO:001755	$211.34 Million
Simmtech Holdings Co. Ltd KQ:036710	$211.44 Million
Nampak JSE:NPK	$211.01 Million
Selan Exploration Technology Limited NSE:SELAN	$210.95 Million
KISCO Corp KO:104700	$210.92 Million
Jarllytec Co Ltd TWO:3548	$210.87 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kejuruteraan Asastera Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 208,986,000 to 274,305,000, a change of 65,319,000 (31.3%).
Net income of 21,472,000 contributed positively to equity growth.
New share issuances of 45,873,000 increased equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	RM21.47 Million	+7.83%
Share Issuances	RM45.87 Million	+16.72%
Other Changes	RM-2.03 Million	-0.74%
Total Change	RM-	31.26%

Book Value vs Market Value Analysis

This analysis compares Kejuruteraan Asastera 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: 2.92x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 25.87x to 2.92x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	RM0.01	RM0.39	x
2017-12-31	RM0.03	RM0.39	x
2018-12-31	RM0.03	RM0.39	x
2019-12-31	RM0.04	RM0.39	x
2020-12-31	RM0.05	RM0.39	x
2021-12-31	RM0.07	RM0.39	x
2022-12-31	RM0.07	RM0.39	x
2023-12-31	RM0.11	RM0.39	x
2024-12-31	RM0.13	RM0.39	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kejuruteraan Asastera 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): 7.83%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.77%
• Asset Turnover: 0.47x
• Equity Multiplier: 1.90x
Recent ROE (7.83%) is below the historical average (15.71%), 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	42.83%	5.22%	1.58x	5.18x	RM3.49 Million
2016	40.66%	7.04%	1.37x	4.23x	RM4.94 Million
2017	15.79%	5.92%	1.27x	2.10x	RM2.49 Million
2018	17.74%	6.16%	1.37x	2.10x	RM3.74 Million
2019	14.62%	6.54%	1.16x	1.93x	RM3.30 Million
2020	6.60%	3.51%	0.92x	2.06x	RM-2.72 Million
2021	3.27%	2.33%	0.68x	2.07x	RM-8.40 Million
2022	2.12%	1.53%	0.70x	1.98x	RM-10.65 Million
2023	5.67%	5.89%	0.46x	2.09x	RM-9.05 Million
2024	7.83%	8.77%	0.47x	1.90x	RM-5.96 Million

Industry Comparison

This section compares Kejuruteraan Asastera Bhd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $69,178,474
Average return on equity (ROE) among peers: -9.66%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Kejuruteraan Asastera Bhd (0193)	RM312.64 Million	42.83%	1.01x	$211.20 Million
Southern Score Builders Berhad (0045)	$-6.44 Million	0.00%	0.00x	$313.81 Million
Ecobuilt Holdings Bhd (0059)	$71.09 Million	-1.93%	0.04x	$3.17 Million
Mega Sun City Holdings Bhd (0081)	$50.82 Million	-3.25%	0.01x	$3.72 Million
Waja Konsortium Bhd (0102)	$40.78 Million	-60.22%	0.77x	$9.80 Million
Kelington Group Bhd (0151)	$78.47 Million	14.71%	1.93x	$1.41 Billion
Widad Group Bhd (0162)	$17.64 Million	-16.51%	0.17x	$7.84 Million
Pasukhas Group Bhd (0177)	$81.97 Million	0.74%	1.09x	$3.11 Million
HSS Engineers Bhd (0185)	$212.92 Million	-48.30%	0.77x	$54.89 Million
Cabnet Holdings Bhd (0191)	$44.67 Million	2.71%	1.17x	$11.22 Million
Inta Bina Group Bhd (0192)	$99.86 Million	15.42%	1.52x	$59.42 Million

About Kejuruteraan Asastera Bhd

KLSE:0193 Malaysia Engineering & Construction

Market Cap

$211.20 Million

RM841.22 Million MYR

Market Cap Rank

#16448 Global

#205 in Malaysia

Share Price

RM0.39

Change (1 day)

+0.00%

52-Week Range

RM0.33 - RM0.42

All Time High

RM1.16