Optimax Holdings Sdn Bhd (0222) - Net Assets
Based on the latest financial reports, Optimax Holdings Sdn Bhd (0222) has net assets worth RM81.36 Million MYR (≈ $20.43 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 (RM146.00 Million ≈ $36.66 Million USD) and total liabilities (RM64.64 Million ≈ $16.23 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 Optimax Holdings Sdn Bhd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM81.36 Million |
| % of Total Assets | 55.72% |
| Annual Growth Rate | 25.1% |
| 5-Year Change | 46.02% |
| 10-Year Change | N/A |
| Growth Volatility | 31.17 |
Optimax Holdings Sdn Bhd - Net Assets Trend (2016–2024)
This chart illustrates how Optimax Holdings Sdn Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 0222 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Optimax Holdings Sdn Bhd (2016–2024)
The table below shows the annual net assets of Optimax Holdings Sdn Bhd from 2016 to 2024. For live valuation and market cap data, see Optimax Holdings Sdn Bhd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM73.33 Million ≈ $18.41 Million |
+7.91% |
| 2023-12-31 | RM67.96 Million ≈ $17.06 Million |
+9.63% |
| 2022-12-31 | RM61.99 Million ≈ $15.56 Million |
+7.35% |
| 2021-12-31 | RM57.74 Million ≈ $14.50 Million |
+14.98% |
| 2020-12-31 | RM50.22 Million ≈ $12.61 Million |
+107.21% |
| 2019-12-31 | RM24.24 Million ≈ $6.09 Million |
+16.56% |
| 2018-12-31 | RM20.79 Million ≈ $5.22 Million |
+27.27% |
| 2017-12-31 | RM16.34 Million ≈ $4.10 Million |
+33.69% |
| 2016-12-31 | RM12.22 Million ≈ $3.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Optimax Holdings Sdn 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 361.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM44.84 Million | 66.17% |
| Common Stock | RM41.05 Million | 60.58% |
| Total Equity | RM67.76 Million | 100.00% |
Optimax Holdings Sdn Bhd Competitors by Market Cap
The table below lists competitors of Optimax Holdings Sdn Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Investec plc
LSE:INVR
|
$76.40 Million |
|
Tacheng Real Estate Co Ltd
TWO:6171
|
$76.40 Million |
|
SuNam Co. Ltd
KQ:294630
|
$76.41 Million |
|
Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust
BK:AMATAR
|
$76.41 Million |
|
Drilling Tools International Corp.
NASDAQ:DTI
|
$76.38 Million |
|
An Gia Real Estate Investment and Development Corp
VN:AGG
|
$76.26 Million |
|
All Cosmos Bio-Tech Holding Corp
TW:4148
|
$76.26 Million |
|
Nurminen Logistics Oyj
HE:NLG1V
|
$76.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Optimax Holdings Sdn Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 63,018,000 to 67,761,000, a change of 4,743,000 (7.5%).
- Net income of 13,016,000 contributed positively to equity growth.
- Dividend payments of 7,585,000 reduced retained earnings.
- Other comprehensive income increased equity by 17,488,000.
- Other factors decreased equity by 18,176,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM13.02 Million | +19.21% |
| Dividends Paid | RM7.58 Million | -11.19% |
| Other Comprehensive Income | RM17.49 Million | +25.81% |
| Other Changes | RM-18.18 Million | -26.82% |
| Total Change | RM- | 7.53% |
Book Value vs Market Value Analysis
This analysis compares Optimax Holdings Sdn 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: 4.58x
- 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 18.33x to 4.58x 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 | RM0.56 | x |
| 2017-12-31 | RM0.04 | RM0.56 | x |
| 2018-12-31 | RM0.05 | RM0.56 | x |
| 2019-12-31 | RM0.06 | RM0.56 | x |
| 2020-12-31 | RM0.08 | RM0.56 | x |
| 2021-12-31 | RM0.08 | RM0.56 | x |
| 2022-12-31 | RM0.11 | RM0.56 | x |
| 2023-12-31 | RM0.11 | RM0.56 | x |
| 2024-12-31 | RM0.12 | RM0.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Optimax Holdings Sdn 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): 19.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.19%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 2.19x
- Recent ROE (19.21%) is below the historical average (25.19%), 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 | 26.51% | 10.81% | 0.92x | 2.65x | RM2.02 Million |
| 2017 | 45.23% | 20.52% | 0.89x | 2.46x | RM5.76 Million |
| 2018 | 21.38% | 9.03% | 0.88x | 2.70x | RM2.37 Million |
| 2019 | 34.56% | 12.49% | 0.98x | 2.82x | RM5.57 Million |
| 2020 | 11.78% | 9.72% | 0.69x | 1.76x | RM854.00K |
| 2021 | 22.34% | 13.83% | 0.96x | 1.68x | RM6.79 Million |
| 2022 | 25.28% | 13.60% | 1.07x | 1.74x | RM8.88 Million |
| 2023 | 20.46% | 11.30% | 0.95x | 1.90x | RM6.59 Million |
| 2024 | 19.21% | 10.19% | 0.86x | 2.19x | RM6.24 Million |
Industry Comparison
This section compares Optimax Holdings Sdn Bhd's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $4,927,637,560
- Average return on equity (ROE) among peers: 18.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Optimax Holdings Sdn Bhd (0222) | RM81.36 Million | 26.51% | 0.79x | $76.39 Million |
| TMC Life Sciences Bhd (0101) | $114.02 Million | 3.14% | 0.49x | $218.66 Million |
| Cengild Medical Berhad (0243) | $111.30 Million | 9.95% | 0.19x | $43.91 Million |
| DC HEALTHCARE HOLDINGS BERHAD (0283) | $15.05 Million | 63.52% | 2.21x | $27.52 Million |
| ALPHA (0303) | $58.97 Million | 24.26% | 0.82x | $317.11 Million |
| IHH Healthcare Bhd (5225) | $28.09 Billion | 1.96% | 0.60x | $19.59 Billion |
| KPJ Healthcare Bhd (5878) | $1.17 Billion | 8.79% | 1.42x | $3.71 Billion |
About Optimax Holdings Sdn Bhd
Optimax Holdings Berhad, an investment holding company, engages in the provision of eye specialist services and related products in Malaysia. The company's specialist centers offer a range of treatments relating to eye diseases, such as cataracts, glaucoma, conjunctivitis, age-related macular degeneration, diabetic retinopathy, retinal detachment, pterygium, keratoconus, dry eyes, and other eye d… Read more