Solarvest Holdings Bhd
Solarvest Holdings Berhad, an investment holding company, provides engineering, procurement, construction, and commissioning (EPCC) solutions for solar photovoltaic systems to residential, commercial, and industrial properties. It operates through EPCC of Clean Energy, Renewable Energy Generation, Operations and Maintenance of Renewable Energy System, and Others segments. The company engages in t… Read more
Solarvest Holdings Bhd (0215) - Net Assets
Latest net assets as of September 2025: RM491.39 Million MYR
Based on the latest financial reports, Solarvest Holdings Bhd (0215) has net assets worth RM491.39 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 (RM1.11 Billion) and total liabilities (RM615.61 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 | RM491.39 Million |
| % of Total Assets | 44.39% |
| Annual Growth Rate | 57.52% |
| 5-Year Change | 174.12% |
| 10-Year Change | N/A |
| Growth Volatility | 61.49 |
Solarvest Holdings Bhd - Net Assets Trend (2016–2025)
This chart illustrates how Solarvest Holdings 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 Solarvest Holdings Bhd (2016–2025)
The table below shows the annual net assets of Solarvest Holdings Bhd from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM362.83 Million | +54.29% |
| 2024-03-31 | RM235.17 Million | +19.11% |
| 2023-03-31 | RM197.43 Million | +12.41% |
| 2022-03-31 | RM175.64 Million | +32.70% |
| 2021-03-31 | RM132.36 Million | +62.98% |
| 2020-03-31 | RM81.21 Million | +22.56% |
| 2019-03-31 | RM66.26 Million | +222.37% |
| 2018-03-31 | RM20.56 Million | +66.69% |
| 2017-03-31 | RM12.33 Million | +102.90% |
| 2016-03-31 | RM6.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solarvest Holdings 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 3243.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM169.40 Million | 47.40% |
| Common Stock | RM210.90 Million | 59.01% |
| Total Equity | RM357.41 Million | 100.00% |
Solarvest Holdings Bhd Competitors by Market Cap
The table below lists competitors of Solarvest Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banco Patagonia
BA:BPAT
|
$245.57 Million |
|
Suntar Environmental Technology Co
SHG:688101
|
$245.73 Million |
|
ITERIS INC. (NEW) DL-01
F:FQH
|
$245.76 Million |
|
LX Holdings Corp
KO:383800
|
$245.77 Million |
|
SANDUR MANGANESE AND IRON ORES LTD
NSE:SANDUMA
|
$245.49 Million |
|
Zhejiang Dilong New Material Co Ltd
SHE:002247
|
$245.48 Million |
|
EH3
F:EH3
|
$245.45 Million |
|
Hyundai Home Shopping Network Corp
KO:057050
|
$245.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solarvest Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 230,778,000 to 357,412,000, a change of 126,634,000 (54.9%).
- Net income of 51,940,000 contributed positively to equity growth.
- Dividend payments of 492,000 reduced retained earnings.
- Share repurchases of 74,044,000 reduced equity.
- New share issuances of 74,044,000 increased equity.
- Other factors increased equity by 75,186,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM51.94 Million | +14.53% |
| Dividends Paid | RM492.00K | -0.14% |
| Share Repurchases | RM74.04 Million | -20.72% |
| Share Issuances | RM74.04 Million | +20.72% |
| Other Changes | RM75.19 Million | +21.04% |
| Total Change | RM- | 54.87% |
Book Value vs Market Value Analysis
This analysis compares Solarvest Holdings 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: 4.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 194.69x to 4.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | RM0.01 | RM2.02 | x |
| 2017-03-31 | RM0.02 | RM2.02 | x |
| 2018-03-31 | RM0.04 | RM2.02 | x |
| 2019-03-31 | RM0.11 | RM2.02 | x |
| 2020-03-31 | RM0.14 | RM2.02 | x |
| 2021-03-31 | RM0.22 | RM2.02 | x |
| 2022-03-31 | RM0.25 | RM2.02 | x |
| 2023-03-31 | RM0.29 | RM2.02 | x |
| 2024-03-31 | RM0.32 | RM2.02 | x |
| 2025-03-31 | RM0.44 | RM2.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solarvest Holdings 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): 14.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.68%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.88x
- Recent ROE (14.53%) is below the historical average (25.23%), 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 | 68.27% | 11.76% | 1.45x | 4.01x | RM3.54 Million |
| 2017 | 52.69% | 16.66% | 1.34x | 2.35x | RM5.27 Million |
| 2018 | 40.08% | 18.28% | 1.21x | 1.81x | RM6.18 Million |
| 2019 | 16.79% | 9.91% | 0.91x | 1.85x | RM4.50 Million |
| 2020 | 19.38% | 6.18% | 1.52x | 2.06x | RM7.58 Million |
| 2021 | 12.29% | 7.20% | 0.99x | 1.72x | RM3.01 Million |
| 2022 | 3.99% | 3.93% | 0.69x | 1.47x | RM-10.38 Million |
| 2023 | 10.17% | 5.38% | 0.77x | 2.45x | RM331.10K |
| 2024 | 14.14% | 6.56% | 0.96x | 2.26x | RM9.55 Million |
| 2025 | 14.53% | 9.68% | 0.52x | 2.88x | RM16.20 Million |
Industry Comparison
This section compares Solarvest Holdings Bhd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $83,290,761
- Average return on equity (ROE) among peers: 15.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solarvest Holdings Bhd (0215) | RM491.39 Million | 68.27% | 1.25x | $245.50 Million |
| Trive Property Group Bhd (0118) | $115.78 Million | 1.87% | 0.09x | $2.69 Million |
| Pekat Group Bhd (0233) | $50.80 Million | 29.12% | 0.94x | $79.18 Million |