Flexidynamic Holdings Bhd (0231) - Net Assets
Based on the latest financial reports, Flexidynamic Holdings Bhd (0231) has net assets worth RM37.74 Million MYR (≈ $9.48 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 (RM103.49 Million ≈ $25.98 Million USD) and total liabilities (RM65.75 Million ≈ $16.51 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 Flexidynamic Holdings Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM37.74 Million |
| % of Total Assets | 36.47% |
| Annual Growth Rate | 17.83% |
| 5-Year Change | 71.45% |
| 10-Year Change | N/A |
| Growth Volatility | 25.94 |
Flexidynamic Holdings Bhd - Net Assets Trend (2017–2024)
This chart illustrates how Flexidynamic Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 0231 asset base for the complete picture of this company's asset base.
Annual Net Assets for Flexidynamic Holdings Bhd (2017–2024)
The table below shows the annual net assets of Flexidynamic Holdings Bhd from 2017 to 2024. For live valuation and market cap data, see market cap of Flexidynamic Holdings Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM41.81 Million ≈ $10.50 Million |
+9.92% |
| 2023-12-31 | RM38.04 Million ≈ $9.55 Million |
+3.74% |
| 2022-12-31 | RM36.67 Million ≈ $9.21 Million |
-14.17% |
| 2021-12-31 | RM42.72 Million ≈ $10.73 Million |
+75.18% |
| 2020-12-31 | RM24.39 Million ≈ $6.12 Million |
+16.88% |
| 2019-12-31 | RM20.86 Million ≈ $5.24 Million |
+19.97% |
| 2018-12-31 | RM17.39 Million ≈ $4.37 Million |
+31.17% |
| 2017-12-31 | RM13.26 Million ≈ $3.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Flexidynamic 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 decreased by 68.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM4.07 Million | 9.73% |
| Common Stock | RM37.74 Million | 90.26% |
| Other Components | RM5.64K | 0.01% |
| Total Equity | RM41.81 Million | 100.00% |
Flexidynamic Holdings Bhd Competitors by Market Cap
The table below lists competitors of Flexidynamic Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AUX Resources Corporation
V:AUX
|
$9.80 Million |
|
Cenntro Electric Group Ltd
NASDAQ:CENN
|
$9.80 Million |
|
Prg Holdings Bhd
KLSE:7168
|
$9.80 Million |
|
Total Transport Systems Limited
NSE:TOTAL
|
$9.81 Million |
|
BLB Limited
NSE:BLBLIMITED
|
$9.78 Million |
|
SACCHERIA F.LLI FRANCES.
F:YV1
|
$9.77 Million |
|
Eagle Mountain Mining Ltd
AU:EM2
|
$9.77 Million |
|
IBKS No3 SPAC
KQ:225430
|
$9.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flexidynamic Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,037,890 to 41,811,090, a change of 3,773,200 (9.9%).
- Net income of 1,527,000 contributed positively to equity growth.
- Share repurchases of 2,175,000 reduced equity.
- New share issuances of 2,175,000 increased equity.
- Other factors increased equity by 2,246,200.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.53 Million | +3.65% |
| Share Repurchases | RM2.17 Million | -5.2% |
| Share Issuances | RM2.17 Million | +5.2% |
| Other Changes | RM2.25 Million | +5.37% |
| Total Change | RM- | 9.92% |
Book Value vs Market Value Analysis
This analysis compares Flexidynamic 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: 0.93x
- 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 2.78x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | RM0.05 | RM0.13 | x |
| 2018-12-31 | RM0.06 | RM0.13 | x |
| 2019-12-31 | RM0.07 | RM0.13 | x |
| 2020-12-31 | RM0.12 | RM0.13 | x |
| 2021-12-31 | RM0.15 | RM0.13 | x |
| 2022-12-31 | RM0.13 | RM0.13 | x |
| 2023-12-31 | RM0.13 | RM0.13 | x |
| 2024-12-31 | RM0.14 | RM0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flexidynamic 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): 3.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.90%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.20x
- Recent ROE (3.65%) is below the historical average (12.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 33.16% | 14.70% | 1.12x | 2.01x | RM3.07 Million |
| 2018 | 24.66% | 8.88% | 1.29x | 2.16x | RM2.55 Million |
| 2019 | 22.08% | 9.24% | 1.35x | 1.77x | RM2.52 Million |
| 2020 | 18.57% | 7.96% | 0.92x | 2.53x | RM2.09 Million |
| 2021 | 7.45% | 3.01% | 0.92x | 2.70x | RM-1.09 Million |
| 2022 | -10.67% | -4.43% | 1.09x | 2.22x | RM-7.58 Million |
| 2023 | 2.39% | 2.38% | 0.56x | 1.81x | RM-2.89 Million |
| 2024 | 3.65% | 2.90% | 0.57x | 2.20x | RM-2.65 Million |
Industry Comparison
This section compares Flexidynamic Holdings Bhd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $158,438,367
- Average return on equity (ROE) among peers: 7.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flexidynamic Holdings Bhd (0231) | RM37.74 Million | 33.16% | 1.74x | $9.78 Million |
| YBS International Bhd (0025) | $55.16 Million | 4.17% | 0.60x | $14.42 Million |
| AT Systematization Bhd (0072) | $41.45 Million | 1.72% | 0.30x | $4.60 Million |
| Genetec Technology Bhd (0104) | $52.58 Million | 13.32% | 1.14x | $44.34 Million |
| Boilermech Holdings Bhd (0168) | $204.18 Million | 13.02% | 0.57x | $224.49 Million |
| HLT Global Bhd (0188) | $125.19 Million | -42.71% | 0.84x | $7.88 Million |
| Greatech Technology Bhd (0208) | $586.77 Million | 22.48% | 0.61x | $1.50 Billion |
| Aimflex Bhd (0209) | $71.29 Million | 10.69% | 0.18x | $28.96 Million |
| ECA (0267) | $2.90 Million | 47.28% | 2.34x | $24.71 Million |
| Luster Industries Bhd (5068) | $286.43 Million | 0.74% | 0.89x | $26.10 Million |
About Flexidynamic Holdings Bhd
Flexidynamic Holdings Berhad, an investment holding company, engages in the design, engineering, installation, commissioning, and maintenance of glove chlorination systems in Malaysia, Thailand, Vietnam, Indonesia, Sri Lanka, and the United States. The company operates through Engineering, Trading and Services, Sterilisation, and Other segments. It also designs and installs storage tanks and proc… Read more