Ocean Vantage Holdings Bhd (0220) - Net Assets

Latest as of December 2025: RM73.45 Million MYR ≈ $18.44 Million USD

Based on the latest financial reports, Ocean Vantage Holdings Bhd (0220) has net assets worth RM73.45 Million MYR (≈ $18.44 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM93.79 Million ≈ $23.55 Million USD) and total liabilities (RM20.33 Million ≈ $5.10 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 Ocean Vantage Holdings Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets RM73.45 Million
% of Total Assets 78.32%
Annual Growth Rate 27.43%
5-Year Change 22.74%
10-Year Change N/A
Growth Volatility 37.92

Ocean Vantage Holdings Bhd - Net Assets Trend (2016–2025)

This chart illustrates how Ocean Vantage Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Ocean Vantage Holdings Bhd total assets for the complete picture of this company's asset base.

Annual Net Assets for Ocean Vantage Holdings Bhd (2016–2025)

The table below shows the annual net assets of Ocean Vantage Holdings Bhd from 2016 to 2025. For live valuation and market cap data, see how much is Ocean Vantage Holdings Bhd worth.

Year Net Assets Change
2025-12-31 RM73.45 Million
≈ $18.44 Million		 +3.40%
2024-12-31 RM71.04 Million
≈ $17.83 Million		 +10.04%
2023-12-31 RM64.56 Million
≈ $16.21 Million		 +6.03%
2022-12-31 RM60.88 Million
≈ $15.29 Million		 +1.73%
2021-12-31 RM59.85 Million
≈ $15.03 Million		 +20.16%
2020-12-31 RM49.81 Million
≈ $12.50 Million		 +128.03%
2019-12-31 RM21.84 Million
≈ $5.48 Million		 +32.93%
2018-12-31 RM16.43 Million
≈ $4.13 Million		 +25.83%
2017-12-31 RM13.06 Million
≈ $3.28 Million		 +57.47%
2016-12-31 RM8.29 Million
≈ $2.08 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 391.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings RM32.89 Million 44.78%
Common Stock RM40.56 Million 55.22%
Total Equity RM73.45 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
Genomtec S.A.
WAR:GMT
 $24.83 Million
DNXcorp
PA:ALDNX
 $24.84 Million
SPARK VC S.A. ZY 10
F:8N2
 $24.85 Million
Aetherium Acquisition Corp
NASDAQ:GMFI
 $24.90 Million
Almaden Minerals Ltd
TO:AMM
 $24.82 Million
Grand Kartech Tbk
JK:KRAH
 $24.81 Million
Harvard Bioscience Inc
NASDAQ:HBIO
 $24.80 Million
Pluri Inc.
NASDAQ:PLUR
 $24.78 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 2024 to 2025, total equity changed from 70,710,129 to 73,454,000, a change of 2,743,871 (3.9%).
  • Net income of 1,369,000 contributed positively to equity growth.
  • Share repurchases of 1,375,000 reduced equity.
  • New share issuances of 1,375,000 increased equity.
  • Other factors increased equity by 1,374,871.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM1.37 Million +1.86%
Share Repurchases RM1.38 Million -1.87%
Share Issuances RM1.38 Million +1.87%
Other Changes RM1.37 Million +1.87%
Total Change RM- 3.88%

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: 1.32x
  • 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 9.12x to 1.32x 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 RM0.23 x
2017-12-31 RM0.04 RM0.23 x
2018-12-31 RM0.05 RM0.23 x
2019-12-31 RM0.07 RM0.23 x
2020-12-31 RM0.12 RM0.23 x
2021-12-31 RM0.15 RM0.23 x
2022-12-31 RM0.15 RM0.23 x
2023-12-31 RM0.15 RM0.23 x
2024-12-31 RM0.17 RM0.23 x
2025-12-31 RM0.17 RM0.23 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): 1.86%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.24%
  • • Asset Turnover: 1.18x
  • • Equity Multiplier: 1.28x
  • Recent ROE (1.86%) is below the historical average (16.49%), 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
2025 1.86% 1.24% 1.18x 1.28x RM-5.98 Million

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: $616,773,826
  • Average return on equity (ROE) among peers: 14.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ocean Vantage Holdings Bhd (0220) RM73.45 Million 32.67% 0.28x $24.83 Million
Reservoir Link Energy Bhd (0219) $17.92 Million 5.67% 0.63x $24.74 Million
Coastal Contracts Bhd (5071) $602.65 Million 33.32% 0.81x $187.62 Million
Marine & General Bhd (5078) $235.86 Million 18.99% 2.68x $62.33 Million
Alam Maritim Resources Bhd (5115) $528.00 Million 10.98% 1.46x $34.12 Million
Deleum Bhd (5132) $331.56 Million 8.19% 0.99x $124.00 Million
Petra Energy Bhd (5133) $515.00 Million 6.80% 1.17x $55.20 Million
Dayang Enterprise Holdings Bhd (5141) $1.78 Billion 1.83% 0.54x $523.22 Million
Wah Seong Corporation Bhd (5142) $894.16 Million 12.64% 2.55x $163.30 Million
Malaysia Marine and Heavy Engineering Holdings Bhd (5186) $646.83 Million 29.74% 1.55x $146.62 Million

About Ocean Vantage Holdings Bhd

KLSE:0220 Malaysia Oil & Gas Equipment & Services
Market Cap
$24.83 Million
RM98.89 Million MYR
Market Cap Rank
#24438 Global
#643 in Malaysia
Share Price
RM0.23
Change (1 day)
+0.00%
52-Week Range
RM0.13 - RM0.23
All Time High
RM0.74
Categories
Companies in Malaysia Oil & Gas Equipment & Services
About

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