Securemetric Berhad (0203) - Net Assets
Based on the latest financial reports, Securemetric Berhad (0203) has net assets worth RM44.24 Million MYR (≈ $11.11 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 (RM69.02 Million ≈ $17.33 Million USD) and total liabilities (RM24.78 Million ≈ $6.22 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 asset resilience ratio of Securemetric Berhad to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM44.24 Million |
| % of Total Assets | 64.1% |
| Annual Growth Rate | 16.75% |
| 5-Year Change | 14.39% |
| 10-Year Change | N/A |
| Growth Volatility | 28.14 |
Securemetric Berhad - Net Assets Trend (2015–2024)
This chart illustrates how Securemetric Berhad's net assets have evolved over time, based on quarterly financial data. Also explore 0203 total assets for the complete picture of this company's asset base.
Annual Net Assets for Securemetric Berhad (2015–2024)
The table below shows the annual net assets of Securemetric Berhad from 2015 to 2024. For live valuation and market cap data, see Securemetric Berhad market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM44.27 Million ≈ $11.12 Million |
+8.07% |
| 2023-12-31 | RM40.97 Million ≈ $10.29 Million |
+0.72% |
| 2022-12-31 | RM40.68 Million ≈ $10.21 Million |
-4.59% |
| 2021-12-31 | RM42.63 Million ≈ $10.70 Million |
+10.15% |
| 2020-12-31 | RM38.70 Million ≈ $9.72 Million |
+0.02% |
| 2019-12-31 | RM38.70 Million ≈ $9.72 Million |
+6.00% |
| 2018-12-31 | RM36.51 Million ≈ $9.17 Million |
+89.20% |
| 2017-12-31 | RM19.29 Million ≈ $4.84 Million |
+42.80% |
| 2016-12-31 | RM13.51 Million ≈ $3.39 Million |
+23.01% |
| 2015-12-31 | RM10.98 Million ≈ $2.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Securemetric 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 decreased by 67.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM2.87 Million | 6.49% |
| Common Stock | RM41.40 Million | 93.51% |
| Total Equity | RM44.27 Million | 100.00% |
Securemetric Berhad Competitors by Market Cap
The table below lists competitors of Securemetric Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hindprakash Industries Limited
NSE:HPIL
|
$16.66 Million |
|
Eagle Plains Resources Ltd.
V:EPL
|
$16.67 Million |
|
Lifestyle Global Enterprise
TWO:8066
|
$16.67 Million |
|
Keynote Financial Services Limited
NSE:KEYFINSERV
|
$16.67 Million |
|
Aegis Brands Inc
TO:AEG
|
$16.66 Million |
|
INVENIA Co. Ltd
KQ:079950
|
$16.62 Million |
|
Kumpulan H & L High-Tech Bhd
KLSE:7033
|
$16.62 Million |
|
Sidomulyo Selaras Tbk
JK:SDMU
|
$16.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Securemetric Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 40,967,500 to 44,273,710, a change of 3,306,210 (8.1%).
- Net income of 5,066,520 contributed positively to equity growth.
- Other factors decreased equity by 1,760,310.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.07 Million | +11.44% |
| Other Changes | RM-1.76 Million | -3.98% |
| Total Change | RM- | 8.07% |
Book Value vs Market Value Analysis
This analysis compares Securemetric 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: 1.50x
- 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 4.15x to 1.50x 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 | RM0.03 | RM0.12 | x |
| 2017-12-31 | RM0.04 | RM0.12 | x |
| 2018-12-31 | RM0.07 | RM0.12 | x |
| 2019-12-31 | RM0.08 | RM0.12 | x |
| 2020-12-31 | RM0.07 | RM0.12 | x |
| 2021-12-31 | RM0.07 | RM0.12 | x |
| 2022-12-31 | RM0.07 | RM0.12 | x |
| 2023-12-31 | RM0.07 | RM0.12 | x |
| 2024-12-31 | RM0.08 | RM0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Securemetric 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): 11.44%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.92%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.50x
- Recent ROE (11.44%) is above the historical average (8.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 26.07% | 16.87% | 1.16x | 1.33x | RM1.77 Million |
| 2016 | 32.16% | 17.56% | 1.08x | 1.69x | RM2.99 Million |
| 2017 | 31.18% | 13.44% | 1.08x | 2.14x | RM4.09 Million |
| 2018 | 1.68% | 1.96% | 0.63x | 1.36x | RM-3.04 Million |
| 2019 | 5.14% | 6.40% | 0.60x | 1.33x | RM-1.88 Million |
| 2020 | -12.54% | -17.90% | 0.55x | 1.26x | RM-8.72 Million |
| 2021 | -4.33% | -7.01% | 0.48x | 1.30x | RM-6.11 Million |
| 2022 | -4.24% | -5.77% | 0.52x | 1.41x | RM-5.79 Million |
| 2023 | -2.17% | -2.15% | 0.71x | 1.43x | RM-4.99 Million |
| 2024 | 11.44% | 7.92% | 0.97x | 1.50x | RM639.15K |
Industry Comparison
This section compares Securemetric Berhad's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $80,317,211
- Average return on equity (ROE) among peers: 24.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Securemetric Berhad (0203) | RM44.24 Million | 26.07% | 0.56x | $16.66 Million |
| OpenSys M Bhd (0040) | $64.08 Million | 17.32% | 0.63x | $34.22 Million |
| Managepay Systems Bhd (0156) | $101.37 Million | -4.36% | 0.05x | $16.84 Million |
| Revenue Group Bhd (0200) | $151.30 Million | 7.43% | 0.25x | $9.12 Million |
| Infoline Tec Holdings Bhd (0253) | $4.51 Million | 78.80% | 2.19x | $31.01 Million |
About Securemetric Berhad
Securemetric Berhad provides digital security solutions in Malaysia, Vietnam, the Philippines, Indonesia, the United States, Singapore, and internationally. The company operates through Digital Security Solutions, Electronic Identification Products, Maintenance Services, and Others segments. Its products include software licensing protection dongles for the prevention of unauthorized access, copy… Read more