Wegmans Holdings Berhad
Wegmans Holdings Berhad, an investment holding company, designs, manufactures, and sells home furniture products in Africa, rest of Asia, Australasia, Europe, North America, South America, and Malaysia. It operates through Furniture Manufacturing, Hardware Manufacturing, and Others segments. The company offers dining upholstered fabric and non-upholstered dining chairs, as well as dining tables; … Read more
Wegmans Holdings Berhad (0197) - Net Assets
Latest net assets as of September 2025: RM131.87 Million MYR
Based on the latest financial reports, Wegmans Holdings Berhad (0197) has net assets worth RM131.87 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 (RM182.48 Million) and total liabilities (RM50.61 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 | RM131.87 Million |
| % of Total Assets | 72.27% |
| Annual Growth Rate | 23.37% |
| 5-Year Change | 55.29% |
| 10-Year Change | N/A |
| Growth Volatility | 33.14 |
Wegmans Holdings Berhad - Net Assets Trend (2016–2024)
This chart illustrates how Wegmans Holdings Berhad's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wegmans Holdings Berhad (2016–2024)
The table below shows the annual net assets of Wegmans Holdings Berhad from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM131.46 Million | +2.54% |
| 2023-12-31 | RM128.21 Million | +5.71% |
| 2022-12-31 | RM121.28 Million | +16.36% |
| 2021-12-31 | RM104.23 Million | +23.13% |
| 2020-12-31 | RM84.66 Million | +7.98% |
| 2019-12-31 | RM78.40 Million | +7.46% |
| 2018-12-31 | RM72.96 Million | +108.28% |
| 2017-12-31 | RM35.03 Million | +43.01% |
| 2016-12-31 | RM24.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wegmans Holdings Berhad'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 180.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM63.40 Million | 48.23% |
| Common Stock | RM68.16 Million | 51.85% |
| Total Equity | RM131.46 Million | 100.00% |
Wegmans Holdings Berhad Competitors by Market Cap
The table below lists competitors of Wegmans Holdings Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spurcorp
JSE:SUR
|
$1.67 Million |
|
CHEVRON - Dusseldorf Stock Exchang
DU:CHV
|
$1.67 Million |
|
Libas Consumer Products Limited
NSE:LIBAS
|
$1.67 Million |
|
SRx Health Solutions Inc.
NYSE MKT:SRXH
|
$1.67 Million |
|
Elevate Service Group Inc.
V:SERV
|
$1.67 Million |
|
QUEST DIAGNOSTICS - Dusseldorf Stock Exchang
DU:QDI
|
$1.67 Million |
|
Zanlakol Ltd
TA:ZNKL
|
$1.67 Million |
|
DONT NOD ENT. NOM.EO-02
F:RFV
|
$1.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wegmans Holdings Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 128,206,220 to 131,458,750, a change of 3,252,530 (2.5%).
- Net income of 5,999,930 contributed positively to equity growth.
- Dividend payments of 2,747,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM6.00 Million | +4.56% |
| Dividends Paid | RM2.75 Million | -2.09% |
| Other Changes | RM-400.00 | -0.0% |
| Total Change | RM- | 2.54% |
Book Value vs Market Value Analysis
This analysis compares Wegmans Holdings Berhad'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: 0.36x
- 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 1.39x to 0.36x 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 | RM0.06 | RM0.09 | x |
| 2017-12-31 | RM0.09 | RM0.09 | x |
| 2018-12-31 | RM0.15 | RM0.09 | x |
| 2019-12-31 | RM0.16 | RM0.09 | x |
| 2020-12-31 | RM0.17 | RM0.09 | x |
| 2021-12-31 | RM0.19 | RM0.09 | x |
| 2022-12-31 | RM0.22 | RM0.09 | x |
| 2023-12-31 | RM0.23 | RM0.09 | x |
| 2024-12-31 | RM0.24 | RM0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wegmans Holdings Berhad 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): 4.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.78%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.45x
- Recent ROE (4.56%) is below the historical average (19.02%), 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 | 62.47% | 17.87% | 1.37x | 2.55x | RM12.85 Million |
| 2017 | 41.49% | 16.86% | 1.07x | 2.31x | RM11.03 Million |
| 2018 | 17.10% | 13.14% | 0.78x | 1.67x | RM5.18 Million |
| 2019 | 10.13% | 9.30% | 0.71x | 1.52x | RM101.17K |
| 2020 | 10.34% | 8.14% | 0.71x | 1.79x | RM288.86K |
| 2021 | 3.24% | 3.59% | 0.48x | 1.87x | RM-7.05 Million |
| 2022 | 16.33% | 13.55% | 0.76x | 1.60x | RM7.67 Million |
| 2023 | 5.47% | 5.96% | 0.62x | 1.47x | RM-5.81 Million |
| 2024 | 4.56% | 5.78% | 0.54x | 1.45x | RM-7.15 Million |
Industry Comparison
This section compares Wegmans Holdings Berhad's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $272,658,370
- Average return on equity (ROE) among peers: 16.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wegmans Holdings Berhad (0197) | RM131.87 Million | 62.47% | 0.38x | $1.67 Million |
| Spring Art Holdings Bhd (0216) | $93.77 Million | 9.85% | 0.25x | $2.92 Million |
| Mobilia Holdings Bhd (0229) | $32.23 Million | 26.85% | 1.30x | $2.54 Million |
| Synergy House Berhad (0279) | $34.35 Million | 41.88% | 2.25x | $4.11 Million |
| Topmix Berhad (0302) | $21.57 Million | 20.48% | 1.42x | $8.71 Million |
| Sorento Capital Berhad (0326) | $143.13 Million | 18.33% | 0.37x | $1.42K |
| FACB Industries Incorporated (2984) | $217.85 Million | 0.55% | 0.10x | $7.48 Million |
| Panasonic Manufacture Malaysia (3719) | $718.00 Million | 13.93% | 0.26x | $43.73 Million |
| Evergreen Fibreboard Bhd (5101) | $1.04 Billion | 3.31% | 0.37x | $10.40 Million |
| Homeritz Corporation Bhd (5160) | $155.54 Million | 14.22% | 0.13x | $9.76 Million |