Gagasan Nadi Cergas Berhad
Gagasan Nadi Cergas Berhad, an investment holding company, engages in the development of residential, commercial, and industrial property in Malaysia. It operates through Construction, Concession and Facility Management, Utility Services, Property Development, and Other segments. The Construction segment offers conceptual design and advisory, and complete services comprising design, coordination,… Read more
Gagasan Nadi Cergas Berhad (0206) - Net Assets
Latest net assets as of September 2025: RM469.56 Million MYR
Based on the latest financial reports, Gagasan Nadi Cergas Berhad (0206) has net assets worth RM469.56 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 (RM904.31 Million) and total liabilities (RM434.75 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 | RM469.56 Million |
| % of Total Assets | 51.92% |
| Annual Growth Rate | 7.41% |
| 5-Year Change | 1.04% |
| 10-Year Change | N/A |
| Growth Volatility | 9.88 |
Gagasan Nadi Cergas Berhad - Net Assets Trend (2015–2024)
This chart illustrates how Gagasan Nadi Cergas 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 Gagasan Nadi Cergas Berhad (2015–2024)
The table below shows the annual net assets of Gagasan Nadi Cergas Berhad from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM450.43 Million | +1.32% |
| 2023-12-31 | RM444.56 Million | +0.55% |
| 2022-12-31 | RM442.13 Million | -0.76% |
| 2021-12-31 | RM445.50 Million | -0.07% |
| 2020-12-31 | RM445.81 Million | +1.03% |
| 2019-12-31 | RM441.26 Million | +16.51% |
| 2018-12-31 | RM378.75 Million | +7.20% |
| 2017-12-31 | RM353.32 Million | +15.25% |
| 2016-12-31 | RM306.56 Million | +29.53% |
| 2015-12-31 | RM236.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gagasan Nadi Cergas 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 41.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM313.98 Million | 69.71% |
| Common Stock | RM136.44 Million | 30.29% |
| Total Equity | RM450.43 Million | 100.00% |
Gagasan Nadi Cergas Berhad Competitors by Market Cap
The table below lists competitors of Gagasan Nadi Cergas Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AnorTech Inc.
V:ANOR
|
$7.59 Million |
|
GFL Limited
NSE:GFLLIMITED
|
$7.59 Million |
|
PROBIOTIX HEALTH LS-05
F:X90
|
$7.59 Million |
|
Nacon Sa
PA:NACON
|
$7.59 Million |
|
Dr. Phone Fix Canada Corporation
V:DPF
|
$7.59 Million |
|
SynCore Biotechnology Co Ltd
TWO:4192
|
$7.58 Million |
|
Xbrane Biopharma AB
ST:XBRANE
|
$7.58 Million |
|
Briacell Therapeutics Corp
NASDAQ:BCTX
|
$7.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gagasan Nadi Cergas Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 444,560,000 to 450,426,000, a change of 5,866,000 (1.3%).
- Net income of 5,866,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.87 Million | +1.3% |
| Total Change | RM- | 1.32% |
Book Value vs Market Value Analysis
This analysis compares Gagasan Nadi Cergas 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: 0.68x
- 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 0.81x to 0.68x 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 | RM0.50 | RM0.41 | x |
| 2017-12-31 | RM0.58 | RM0.41 | x |
| 2018-12-31 | RM0.62 | RM0.41 | x |
| 2019-12-31 | RM0.59 | RM0.41 | x |
| 2020-12-31 | RM0.59 | RM0.41 | x |
| 2021-12-31 | RM0.59 | RM0.41 | x |
| 2022-12-31 | RM0.59 | RM0.41 | x |
| 2023-12-31 | RM0.59 | RM0.41 | x |
| 2024-12-31 | RM0.60 | RM0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gagasan Nadi Cergas 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): 1.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.23%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.97x
- Recent ROE (1.30%) is below the historical average (7.29%), 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 | 15.96% | 18.31% | 0.36x | 2.42x | RM14.11 Million |
| 2016 | 24.02% | 32.32% | 0.29x | 2.53x | RM42.98 Million |
| 2017 | 14.08% | 23.42% | 0.24x | 2.48x | RM14.43 Million |
| 2018 | 8.60% | 10.86% | 0.33x | 2.40x | RM-5.28 Million |
| 2019 | 5.73% | 8.73% | 0.31x | 2.10x | RM-18.84 Million |
| 2020 | 2.65% | 5.71% | 0.22x | 2.07x | RM-32.77 Million |
| 2021 | 0.78% | 1.74% | 0.20x | 2.19x | RM-41.09 Million |
| 2022 | -0.76% | -1.45% | 0.24x | 2.23x | RM-47.59 Million |
| 2023 | 0.55% | 0.76% | 0.36x | 1.99x | RM-42.02 Million |
| 2024 | 1.30% | 2.23% | 0.30x | 1.97x | RM-39.18 Million |
Industry Comparison
This section compares Gagasan Nadi Cergas Berhad's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $578,680,795
- Average return on equity (ROE) among peers: 6.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gagasan Nadi Cergas Berhad (0206) | RM469.56 Million | 15.96% | 0.93x | $7.59 Million |
| Vinvest Capital Holdings Bhd (0069) | $581.54 Million | 0.67% | 0.36x | $2.71 Million |
| Vestland Berhad (0273) | $46.45 Million | 22.90% | 2.63x | $15.49 Million |
| KTI (0308) | $127.30 Million | 12.27% | 0.83x | $5.35 Million |
| Global Oriental Bhd (1147) | $255.86 Million | 5.65% | 2.56x | $4.63 Million |
| GuocoLand (Malaysia) Bhd (1503) | $892.00 Million | 4.71% | 1.18x | $21.92 Million |
| Symphony Life Bhd (1538) | $916.62 Million | -0.87% | 0.32x | $11.92 Million |
| Iskandar Waterfront City Bhd (1589) | $812.33 Million | 5.62% | 1.19x | $27.36 Million |
| Paramount Corporation Bhd (1724) | $727.00 Million | 7.43% | 0.79x | $69.73 Million |
| Selangor Dredging Bhd (2224) | $849.02 Million | 2.88% | 0.71x | $9.77 Million |