Radiant Globaltech Bhd
Radiant Globaltech Berhad, an investment holding company, provides retail technology software solutions in Cambodia, Hong Kong, Malaysia, Singapore, Thailand, Vietnam, the United States, India, and Spain. The company offers software solutions, including software for retail and food and beverage management; warehouse management systems; solutions for proof of delivery and secure payment gateways; … Read more
Radiant Globaltech Bhd (0202) - Net Assets
Latest net assets as of September 2025: RM95.65 Million MYR
Based on the latest financial reports, Radiant Globaltech Bhd (0202) has net assets worth RM95.65 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 (RM168.77 Million) and total liabilities (RM73.12 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 | RM95.65 Million |
| % of Total Assets | 56.68% |
| Annual Growth Rate | 17.63% |
| 5-Year Change | 22.31% |
| 10-Year Change | N/A |
| Growth Volatility | 33.92 |
Radiant Globaltech Bhd - Net Assets Trend (2015–2024)
This chart illustrates how Radiant Globaltech Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Radiant Globaltech Bhd (2015–2024)
The table below shows the annual net assets of Radiant Globaltech Bhd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM79.80 Million | +7.51% |
| 2023-12-31 | RM74.22 Million | -4.29% |
| 2022-12-31 | RM77.55 Million | +6.71% |
| 2021-12-31 | RM72.67 Million | +11.39% |
| 2020-12-31 | RM65.24 Million | +2.45% |
| 2019-12-31 | RM63.68 Million | +8.63% |
| 2018-12-31 | RM58.62 Million | +114.26% |
| 2017-12-31 | RM27.36 Million | +17.20% |
| 2016-12-31 | RM23.34 Million | +26.20% |
| 2015-12-31 | RM18.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Radiant Globaltech 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 79.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM31.68 Million | 39.70% |
| Common Stock | RM48.15 Million | 60.34% |
| Total Equity | RM79.80 Million | 100.00% |
Radiant Globaltech Bhd Competitors by Market Cap
The table below lists competitors of Radiant Globaltech Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cavalier Resources Ltd
AU:CVR
|
$5.89 Million |
|
Solborn Inc
KQ:035610
|
$5.89 Million |
|
Dynamic Metals Ltd
AU:DYM
|
$5.89 Million |
|
Viking Mines Ltd
AU:VKA
|
$5.89 Million |
|
California Orchard Co
PINK:CAOX
|
$5.88 Million |
|
Ruchi Infrastructure Limited
NSE:RUCHINFRA
|
$5.88 Million |
|
Romcarbon Sa B
RO:ROCE
|
$5.88 Million |
|
Honkarakenne Oyj B
HE:HONBS
|
$5.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Radiant Globaltech Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 74,224,270 to 79,799,420, a change of 5,575,150 (7.5%).
- Net income of 8,009,490 contributed positively to equity growth.
- Dividend payments of 2,626,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM8.01 Million | +10.04% |
| Dividends Paid | RM2.63 Million | -3.29% |
| Other Changes | RM191.66K | +0.24% |
| Total Change | RM- | 7.51% |
Book Value vs Market Value Analysis
This analysis compares Radiant Globaltech 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: 1.51x
- 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 3.91x to 1.51x 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 | RM0.23 | x |
| 2017-12-31 | RM0.07 | RM0.23 | x |
| 2018-12-31 | RM0.11 | RM0.23 | x |
| 2019-12-31 | RM0.12 | RM0.23 | x |
| 2020-12-31 | RM0.12 | RM0.23 | x |
| 2021-12-31 | RM0.14 | RM0.23 | x |
| 2022-12-31 | RM0.15 | RM0.23 | x |
| 2023-12-31 | RM0.14 | RM0.23 | x |
| 2024-12-31 | RM0.15 | RM0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Radiant Globaltech 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): 10.04%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.66%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.66x
- Recent ROE (10.04%) is below the historical average (15.73%), 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 | 34.30% | 9.56% | 1.09x | 3.29x | RM4.50 Million |
| 2016 | 40.57% | 12.32% | 1.22x | 2.70x | RM7.14 Million |
| 2017 | 25.99% | 8.80% | 1.36x | 2.17x | RM4.37 Million |
| 2018 | 5.11% | 4.85% | 0.84x | 1.26x | RM-2.86 Million |
| 2019 | 8.79% | 6.83% | 0.85x | 1.52x | RM-772.11K |
| 2020 | 2.45% | 2.10% | 0.71x | 1.64x | RM-4.92 Million |
| 2021 | 10.10% | 5.47% | 1.23x | 1.50x | RM70.47K |
| 2022 | 9.63% | 5.43% | 1.08x | 1.64x | RM-287.35K |
| 2023 | 10.31% | 5.65% | 1.22x | 1.50x | RM232.85K |
| 2024 | 10.04% | 5.66% | 1.07x | 1.66x | RM29.55K |
Industry Comparison
This section compares Radiant Globaltech Bhd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $75,397,504
- Average return on equity (ROE) among peers: 3.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Radiant Globaltech Bhd (0202) | RM95.65 Million | 34.30% | 0.76x | $5.89 Million |
| Pineapple Resources Bhd (0006) | $26.14 Million | -2.40% | 0.10x | $1.58 Million |
| Artroniq Berhad (0038) | $34.80 Million | 3.33% | 0.48x | $6.99 Million |
| Vsolar Group Bhd (0066) | $16.61 Million | -9.76% | 0.04x | $1.65 Million |
| YGL Convergence Bhd (0086) | $16.73 Million | -13.68% | 0.14x | $1.54 Million |
| QES Group Bhd (0196) | $117.28 Million | 7.38% | 0.63x | $30.66 Million |
| Aco Group Bhd (0218) | $84.42 Million | 8.37% | 0.79x | $3.11 Million |
| SNS (0259) | $63.10 Million | 37.05% | 2.55x | $46.36 Million |
| Marco Holdings Bhd (3514) | $202.99 Million | 7.64% | 0.08x | $8.04 Million |
| Compugates Holdings Bhd (5037) | $116.50 Million | -5.34% | 0.61x | $4.53 Million |