Radiant Globaltech Bhd (0202) - Net Assets
Based on the latest financial reports, Radiant Globaltech Bhd (0202) has net assets worth RM97.70 Million MYR (≈ $24.53 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM163.82 Million ≈ $41.13 Million USD) and total liabilities (RM66.12 Million ≈ $16.60 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 0202 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM97.70 Million |
| % of Total Assets | 59.64% |
| Annual Growth Rate | 17.92% |
| 5-Year Change | 32.41% |
| 10-Year Change | 312.19% |
| Growth Volatility | 32.18 |
Radiant Globaltech Bhd - Net Assets Trend (2015–2025)
This chart illustrates how Radiant Globaltech Bhd's net assets have evolved over time, based on quarterly financial data. See Radiant Globaltech Bhd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Radiant Globaltech Bhd (2015–2025)
The table below shows the annual net assets of Radiant Globaltech Bhd from 2015 to 2025. For live valuation and market cap data, see Radiant Globaltech Bhd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM96.22 Million ≈ $24.16 Million |
+20.58% |
| 2024-12-31 | RM79.80 Million ≈ $20.03 Million |
+7.51% |
| 2023-12-31 | RM74.22 Million ≈ $18.64 Million |
-4.29% |
| 2022-12-31 | RM77.55 Million ≈ $19.47 Million |
+6.71% |
| 2021-12-31 | RM72.67 Million ≈ $18.25 Million |
+11.39% |
| 2020-12-31 | RM65.24 Million ≈ $16.38 Million |
+2.45% |
| 2019-12-31 | RM63.68 Million ≈ $15.99 Million |
+8.63% |
| 2018-12-31 | RM58.62 Million ≈ $14.72 Million |
+114.26% |
| 2017-12-31 | RM27.36 Million ≈ $6.87 Million |
+17.20% |
| 2016-12-31 | RM23.34 Million ≈ $5.86 Million |
+26.20% |
| 2015-12-31 | RM18.50 Million ≈ $4.64 Million |
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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 112.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM37.54 Million | 39.01% |
| Common Stock | RM58.76 Million | 61.07% |
| Total Equity | RM96.22 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 |
|---|---|
|
Jian Sin Industrial Co Ltd
TWO:4502
|
$27.90 Million |
|
Izostal SA
WAR:IZS
|
$27.94 Million |
|
Catcha Digital Bhd
KLSE:0173
|
$27.98 Million |
|
Perimeter Medical Imaging AI Inc
V:PINK
|
$27.98 Million |
|
Eagon Holdings Co.Ltd
KQ:039020
|
$27.88 Million |
|
Perusahaan Sadur Timah Malaysia Perstima Bhd
KLSE:5436
|
$27.87 Million |
|
Turk Ilac ve Serum Sanayi AS
IS:TRILC
|
$27.87 Million |
|
Western Gold Resources Ltd
AU:WGR
|
$27.86 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 2024 to 2025, total equity changed from 79,799,420 to 96,222,000, a change of 16,422,580 (20.6%).
- Net income of 8,882,000 contributed positively to equity growth.
- Dividend payments of 800,000 reduced retained earnings.
- Other factors increased equity by 8,340,580.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM8.88 Million | +9.23% |
| Dividends Paid | RM800.00K | -0.83% |
| Other Changes | RM8.34 Million | +8.67% |
| Total Change | RM- | 20.58% |
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: 1.15x
- 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 3.40x to 1.15x 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 | RM0.20 | x |
| 2017-12-31 | RM0.07 | RM0.20 | x |
| 2018-12-31 | RM0.11 | RM0.20 | x |
| 2019-12-31 | RM0.12 | RM0.20 | x |
| 2020-12-31 | RM0.12 | RM0.20 | x |
| 2021-12-31 | RM0.14 | RM0.20 | x |
| 2022-12-31 | RM0.15 | RM0.20 | x |
| 2023-12-31 | RM0.14 | RM0.20 | x |
| 2024-12-31 | RM0.15 | RM0.20 | x |
| 2025-12-31 | RM0.17 | RM0.20 | 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): 9.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.28%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.70x
- Recent ROE (9.23%) is below the historical average (15.14%), 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 |
| 2025 | 9.23% | 5.28% | 1.03x | 1.70x | RM-740.20K |
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: $90,414,061
- Average return on equity (ROE) among peers: 4.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Radiant Globaltech Bhd (0202) | RM97.70 Million | 34.30% | 0.68x | $27.89 Million |
| Pineapple Resources Bhd (0006) | $25.77 Million | -1.46% | 0.14x | $11.20 Million |
| Artroniq Berhad (0038) | $34.80 Million | 3.33% | 0.48x | $15.77 Million |
| Vsolar Group Bhd (0066) | $102.47 Million | -33.81% | 0.02x | $4.37 Million |
| YGL Convergence Bhd (0086) | $15.70 Million | 15.46% | 0.22x | $5.15 Million |
| QES Group Bhd (0196) | $137.88 Million | 13.77% | 0.67x | $106.67 Million |
| Aco Group Bhd (0218) | $96.85 Million | 5.27% | 0.63x | $13.95 Million |
| SNS (0259) | $93.02 Million | 38.61% | 2.14x | $216.06 Million |
| Marco Holdings Bhd (3514) | $190.74 Million | 6.48% | 0.10x | $26.47 Million |
| Compugates Holdings Bhd (5037) | $116.50 Million | -5.34% | 0.61x | $30.38 Million |
About Radiant Globaltech Bhd
Radiant Globaltech Berhad, an investment holding company, provides retail technology software solutions in Cambodia, Hong Kong, Malaysia, Philippines, Singapore, Thailand, Vietnam, Brunei, 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 payment gateways; integ… Read more