Ocean Vantage Holdings Bhd
Ocean Vantage Holdings Berhad, an investment holding company, provides integrated support services for the upstream and downstream of the oil and gas industry in Malaysia and internationally. The company offers engineering, procurement, and construction, as well as project management, investment, and operation services; supplies manpower, materials, tools, and equipment; and provides drilling rig… Read more
Ocean Vantage Holdings Bhd (0220) - Net Assets
Latest net assets as of September 2025: RM71.88 Million MYR
Based on the latest financial reports, Ocean Vantage Holdings Bhd (0220) has net assets worth RM71.88 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 (RM108.28 Million) and total liabilities (RM36.40 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 | RM71.88 Million |
| % of Total Assets | 66.38% |
| Annual Growth Rate | 30.8% |
| 5-Year Change | 42.62% |
| 10-Year Change | N/A |
| Growth Volatility | 38.79 |
Ocean Vantage Holdings Bhd - Net Assets Trend (2016–2024)
This chart illustrates how Ocean Vantage 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 Ocean Vantage Holdings Bhd (2016–2024)
The table below shows the annual net assets of Ocean Vantage Holdings Bhd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM71.04 Million | +10.04% |
| 2023-12-31 | RM64.56 Million | +6.03% |
| 2022-12-31 | RM60.88 Million | +1.73% |
| 2021-12-31 | RM59.85 Million | +20.16% |
| 2020-12-31 | RM49.81 Million | +128.03% |
| 2019-12-31 | RM21.84 Million | +32.93% |
| 2018-12-31 | RM16.43 Million | +25.83% |
| 2017-12-31 | RM13.06 Million | +57.47% |
| 2016-12-31 | RM8.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ocean Vantage 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 560.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM44.22 Million | 62.53% |
| Other Components | RM26.49 Million | 37.47% |
| Total Equity | RM70.71 Million | 100.00% |
Ocean Vantage Holdings Bhd Competitors by Market Cap
The table below lists competitors of Ocean Vantage Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Teaminvest Private Group Ltd
AU:TIP
|
$6.73 Million |
|
CCUR Holdings Inc
PINK:CCUR
|
$6.74 Million |
|
Algoma Steel Group Inc. Warrant
NASDAQ:ASTLW
|
$6.74 Million |
|
FDCTech Inc
PINK:FDCT
|
$6.74 Million |
|
Clip Money Inc.
PINK:CLPMF
|
$6.73 Million |
|
Bryton Inc.
TWO:7558
|
$6.73 Million |
|
AlphaVest Acquisition Corp Ordinary Shares
NASDAQ:ATMV
|
$6.73 Million |
|
Alien Metals Limited
F:I3A1
|
$6.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ocean Vantage Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 64,353,090 to 70,710,129, a change of 6,357,039 (9.9%).
- Net income of 6,357,040 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM6.36 Million | +8.99% |
| Other Changes | RM-1.00 | -0.0% |
| Total Change | RM- | 9.88% |
Book Value vs Market Value Analysis
This analysis compares Ocean Vantage 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: 0.98x
- 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 6.54x to 0.98x 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 | RM0.17 | x |
| 2017-12-31 | RM0.04 | RM0.17 | x |
| 2018-12-31 | RM0.05 | RM0.17 | x |
| 2019-12-31 | RM0.07 | RM0.17 | x |
| 2020-12-31 | RM0.12 | RM0.17 | x |
| 2021-12-31 | RM0.15 | RM0.17 | x |
| 2022-12-31 | RM0.15 | RM0.17 | x |
| 2023-12-31 | RM0.15 | RM0.17 | x |
| 2024-12-31 | RM0.17 | RM0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ocean Vantage 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): 8.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.14%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.05x
- Recent ROE (8.99%) is below the historical average (18.12%), 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 | 32.67% | 15.36% | 0.30x | 6.99x | RM1.88 Million |
| 2017 | 23.13% | 12.58% | 1.30x | 1.42x | RM1.71 Million |
| 2018 | 31.48% | 16.97% | 1.43x | 1.30x | RM3.53 Million |
| 2019 | 31.67% | 11.87% | 2.02x | 1.32x | RM4.73 Million |
| 2020 | 14.69% | 9.92% | 1.27x | 1.16x | RM2.34 Million |
| 2021 | 16.78% | 8.00% | 1.64x | 1.28x | RM4.06 Million |
| 2022 | -1.80% | -0.71% | 1.58x | 1.61x | RM-7.19 Million |
| 2023 | 5.44% | 2.06% | 1.42x | 1.86x | RM-2.93 Million |
| 2024 | 8.99% | 5.14% | 0.85x | 2.05x | RM-713.97K |
Industry Comparison
This section compares Ocean Vantage Holdings Bhd's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $639,042,394
- Average return on equity (ROE) among peers: -11.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ocean Vantage Holdings Bhd (0220) | RM71.88 Million | 32.67% | 0.51x | $6.73 Million |
| Reservoir Link Energy Bhd (0219) | $21.17 Million | 15.37% | 0.78x | $9.11 Million |
| Coastal Contracts Bhd (5071) | $1.09 Billion | -9.67% | 0.43x | $42.02 Million |
| Marine & General Bhd (5078) | $41.82 Million | -118.68% | 21.95x | $26.88 Million |
| Alam Maritim Resources Bhd (5115) | $-87.52 Million | 0.00% | 0.00x | $14.09 Million |
| Deleum Bhd (5132) | $358.25 Million | 4.76% | 0.70x | $34.93 Million |
| Petra Energy Bhd (5133) | $547.00 Million | 8.59% | 1.02x | $14.09 Million |
| Dayang Enterprise Holdings Bhd (5141) | $372.71 Million | 18.17% | 0.47x | $274.52 Million |
| Wah Seong Corporation Bhd (5142) | $775.89 Million | -29.42% | 2.36x | $84.25 Million |
| Malaysia Marine and Heavy Engineering Holdings Bhd (5186) | $2.64 Billion | 4.93% | 0.69x | $28.06 Million |