Binasat Communications Bhd Net Assets

Latest as of June 2026: RM137.81 Million MYR ≈ $34.60 Million USD

Binasat Communications Bhd net assets. Based on the latest financial reports, Binasat Communications Bhd (0195) has net assets worth RM137.81 Million MYR (≈ $34.60 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 (RM231.91 Million ≈ $58.23 Million USD) and total liabilities (RM94.11 Million ≈ $23.63 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. Also explore 0195 net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM137.81 Million
% of Total Assets	59.42%
Annual Growth Rate	23.05%
5-Year Change	7.02%
10-Year Change	433.46%
Growth Volatility	52.84

Net Assets of Binasat Communications Bhd (2016–2026)

Net assets of Binasat Communications Bhd from 2016 to 2026. This chart illustrates how Binasat Communications Bhd's net assets have evolved over time, based on quarterly financial data. See 0195 equity financing ratio to measure how much of total assets are equity-financed.

Annual Net Assets for Binasat Communications Bhd (2016–2026)

The table below shows the annual net assets of Binasat Communications Bhd from 2016 to 2026. For live market cap and overall valuation, see 0195 market cap.

Year	Net Assets	Change
2026-06-30	RM135.53 Million ≈ $34.03 Million	+12.68%
2025-06-30	RM120.27 Million ≈ $30.20 Million	+6.44%
2024-06-30	RM112.99 Million ≈ $28.37 Million	-13.84%
2023-06-30	RM131.15 Million ≈ $32.93 Million	+3.56%
2022-06-30	RM126.64 Million ≈ $31.79 Million	+43.84%
2021-06-30	RM88.04 Million ≈ $22.10 Million	+11.64%
2020-06-30	RM78.86 Million ≈ $19.80 Million	+5.76%
2019-06-30	RM74.57 Million ≈ $18.72 Million	+5.03%
2018-06-30	RM70.99 Million ≈ $17.82 Million	+179.45%
2017-06-30	RM25.41 Million ≈ $6.38 Million	+49.16%
2016-06-30	RM17.03 Million ≈ $4.28 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Binasat Communications 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 35.7% over the analyzed period, indicating profitable operations and earnings retention.

Binasat Communications Bhd Net Assets Breakdown (June 2026)

Binasat Communications Bhd net assets breakdown by equity component as of June 2026.

Component	Amount	Percentage
Retained Earnings	RM21.75 Million	16.25%
Other Components	RM112.09 Million	83.75%
Total Equity	RM133.84 Million	100.00%

Binasat Communications Bhd Competitors by Market Cap

The table below lists competitors of Binasat Communications Bhd ranked by their market capitalization.

Company	Market Cap
Toyo Ventures Holdings Bhd KLSE:7173	$10.62 Million
TPC Power Holding Public Company Limited BK:TPCH	$10.63 Million
K-Tig Ltd AU:KTG	$10.63 Million
Neungyule Education Inc KQ:053290	$10.63 Million
Noviqtech Ltd AU:NVQ	$10.62 Million
Precise Biometrics AB ST:PREC	$10.61 Million
Plurilock Security Inc V:PLUR	$10.61 Million
Watta Holding Bhd KLSE:7226	$10.61 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2025 to 2026, total equity changed from 120,271,590 to 133,836,348, a change of 13,564,758 (11.3%).
Net loss of 12,028,582 reduced equity.
New share issuances of 25,720,517 increased equity.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	RM-12.03 Million	-8.99%
Share Issuances	RM25.72 Million	+19.22%
Other Changes	RM-127.18K	-0.1%
Total Change	RM-	11.28%

Book Value vs Market Value Analysis

This analysis compares Binasat Communications 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: 0.32x
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 decreased from 0.72x to 0.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-06-30	RM0.10	RM0.07	x
2017-06-30	RM0.15	RM0.07	x
2018-06-30	RM0.27	RM0.07	x
2019-06-30	RM0.29	RM0.07	x
2020-06-30	RM0.30	RM0.07	x
2021-06-30	RM0.31	RM0.07	x
2022-06-30	RM0.33	RM0.07	x
2023-06-30	RM0.34	RM0.07	x
2024-06-30	RM0.29	RM0.07	x
2025-06-30	RM0.31	RM0.07	x
2026-06-30	RM0.22	RM0.07	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Binasat Communications 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): -8.99%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -10.18%
• Asset Turnover: 0.61x
• Equity Multiplier: 1.44x
Recent ROE (-8.99%) is below the historical average (8.64%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	42.09%	15.44%	1.39x	1.96x	RM5.46 Million
2017	39.47%	18.39%	1.24x	1.72x	RM7.49 Million
2018	12.78%	15.84%	0.64x	1.26x	RM1.97 Million
2019	6.54%	8.91%	0.58x	1.27x	RM-2.58 Million
2020	3.71%	6.43%	0.42x	1.36x	RM-4.96 Million
2021	2.70%	4.42%	0.46x	1.33x	RM-6.43 Million
2022	3.79%	5.75%	0.50x	1.32x	RM-7.86 Million
2023	3.44%	5.19%	0.46x	1.45x	RM-8.60 Million
2024	-11.96%	-10.22%	0.78x	1.51x	RM-24.81 Million
2025	1.48%	1.59%	0.69x	1.34x	RM-10.25 Million
2026	-8.99%	-10.18%	0.61x	1.44x	RM-25.41 Million

Industry Comparison

This section compares Binasat Communications Bhd's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

Industry: Telecom Services
Average net assets among peers: $1,601,932,587
Average return on equity (ROE) among peers: -2.20%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Binasat Communications Bhd (0195)	RM137.81 Million	42.09%	0.68x	$10.62 Million
XOX Technology Bhd (0017)	$21.77 Million	-27.23%	1.17x	$6.73 Million
Redtone International Bhd (0032)	$65.42 Million	-9.15%	0.76x	$65.98 Million
Green Packet Bhd (0082)	$130.14 Million	54.32%	2.54x	$9.77 Million
mTouche Technology Bhd (0092)	$146.50 Million	-7.45%	0.03x	$4.65 Million
M N C Wireless Bhd (0103)	$69.84 Million	-12.35%	0.21x	$1.79 Million
XOX Bhd (0165)	$233.64 Million	-38.94%	0.48x	$6.75 Million
OCK Group Bhd (0172)	$795.64 Million	4.59%	1.52x	$110.23 Million
Telekom Malaysia Bhd (4863)	$10.47 Billion	8.60%	1.15x	$7.61 Billion
TIME Dotcom Bhd (5031)	$2.48 Billion	7.81%	0.15x	$2.53 Billion

About Binasat Communications Bhd

KLSE:0195 Malaysia Telecom Services

Market Cap

$10.62 Million

RM42.30 Million MYR

Market Cap Rank

#26778 Global

#822 in Malaysia

Share Price

RM0.07

Change (1 day)

+0.00%

52-Week Range

RM0.06 - RM0.13

All Time High

RM0.58