Ramssol Group Bhd (0236) - Net Assets

Latest as of December 2025: RM148.09 Million MYR ≈ $37.18 Million USD

Based on the latest financial reports, Ramssol Group Bhd (0236) has net assets worth RM148.09 Million MYR (≈ $37.18 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 (RM200.81 Million ≈ $50.42 Million USD) and total liabilities (RM52.71 Million ≈ $13.23 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 0236 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM148.09 Million
% of Total Assets	73.75%
Annual Growth Rate	62.69%
5-Year Change	232.83%
10-Year Change	N/A
Growth Volatility	211.12

Ramssol Group Bhd - Net Assets Trend (2017–2025)

This chart illustrates how Ramssol Group Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Ramssol Group Bhd.

Annual Net Assets for Ramssol Group Bhd (2017–2025)

The table below shows the annual net assets of Ramssol Group Bhd from 2017 to 2025. Also explore Ramssol Group Bhd annual equity growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	RM146.63 Million ≈ $36.82 Million	+29.50%
2024-12-31	RM113.23 Million ≈ $28.43 Million	+39.35%
2023-12-31	RM81.26 Million ≈ $20.40 Million	+46.17%
2022-12-31	RM55.59 Million ≈ $13.96 Million	+26.18%
2021-12-31	RM44.06 Million ≈ $11.06 Million	+399.40%
2020-12-31	RM8.82 Million ≈ $2.21 Million	+571.39%
2019-12-31	RM1.31 Million ≈ $329.90K	-46.01%
2018-12-31	RM2.43 Million ≈ $611.10K	-18.54%
2017-12-31	RM2.99 Million ≈ $750.19K	--

Equity Component Analysis

This analysis shows how different components contribute to Ramssol Group 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 3271.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM51.68 Million	34.90%
Common Stock	RM97.43 Million	65.79%
Total Equity	RM148.09 Million	100.00%

Ramssol Group Bhd Competitors by Market Cap

The table below lists competitors of Ramssol Group Bhd ranked by their market capitalization.

Company	Market Cap
Ocean Power Technologies Inc NYSE MKT:OPTT	$79.69 Million
Sea Oil Public Company Limited BK:SEAOIL	$79.70 Million
Metro Ticari ve Mali Yatirimlar Holding AS IS:METRO	$79.73 Million
Daishin Balance No.6 Special Purpose Acquisition Co. Ltd KQ:307750	$79.74 Million
Amanat Acquisition Corp Class A Ordinary Shares NASDAQ:AMAN	$79.65 Million
Heidmar Maritime Holdings Corp. Common Stock NASDAQ:HMR	$79.64 Million
Baikowski SASU PA:ALBKK	$79.62 Million
Edisun Power Europe AG SW:ESUN	$79.60 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ramssol Group Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 114,654,000 to 148,095,000, a change of 33,441,000 (29.2%).
Net income of 19,331,000 contributed positively to equity growth.
Dividend payments of 1,006,000 reduced retained earnings.
Share repurchases of 17,274,000 reduced equity.
New share issuances of 17,274,000 increased equity.
Other factors increased equity by 15,116,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM19.33 Million	+13.05%
Dividends Paid	RM1.01 Million	-0.68%
Share Repurchases	RM17.27 Million	-11.66%
Share Issuances	RM17.27 Million	+11.66%
Other Changes	RM15.12 Million	+10.21%
Total Change	RM-	29.17%

Book Value vs Market Value Analysis

This analysis compares Ramssol Group 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: 2.08x
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 58.60x to 2.08x 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	RM0.01	RM0.79	x
2018-12-31	RM0.01	RM0.79	x
2019-12-31	RM0.01	RM0.79	x
2020-12-31	RM0.04	RM0.79	x
2021-12-31	RM0.20	RM0.79	x
2022-12-31	RM0.23	RM0.79	x
2023-12-31	RM0.27	RM0.79	x
2024-12-31	RM0.32	RM0.79	x
2025-12-31	RM0.38	RM0.79	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ramssol Group 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): 13.05%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 24.90%
• Asset Turnover: 0.39x
• Equity Multiplier: 1.36x
Recent ROE (13.05%) is below the historical average (54.68%), 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	2.95%	1.29%	1.03x	2.22x	RM-210.80K
2018	7.27%	1.41%	2.41x	2.13x	RM-66.40K
2019	342.01%	29.11%	1.55x	7.58x	RM4.36 Million
2020	85.39%	29.74%	1.28x	2.24x	RM6.65 Million
2021	15.38%	12.90%	1.06x	1.12x	RM2.37 Million
2022	6.81%	13.60%	0.45x	1.11x	RM-1.77 Million
2023	7.35%	20.61%	0.30x	1.18x	RM-2.26 Million
2024	11.90%	21.73%	0.40x	1.36x	RM2.18 Million
2025	13.05%	24.90%	0.39x	1.36x	RM4.52 Million

Industry Comparison

This section compares Ramssol Group Bhd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $113,761,209
Average return on equity (ROE) among peers: -5.15%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ramssol Group Bhd (0236)	RM148.09 Million	2.95%	0.36x	$79.65 Million
IFCA MSC Bhd (0023)	$119.75 Million	4.97%	0.17x	$30.12 Million
Nova MSC Bhd (0026)	$49.16 Million	-41.12%	0.47x	$32.44 Million
MMAG Holdings Bhd (0034)	$376.25 Million	-6.02%	1.13x	$11.66 Million
Systech Bhd (0050)	$37.20 Million	3.23%	0.23x	$28.40 Million
Cuscapi Berhad (0051)	$96.79 Million	-22.29%	0.22x	$15.42 Million
Excel Force MSC Bhd (0065)	$101.67 Million	12.12%	0.08x	$33.69 Million
N2N Connect Bhd (0108)	$248.43 Million	5.30%	0.23x	$45.55 Million
Appasia Bhd (0119)	$24.11 Million	-1.33%	0.25x	$41.54 Million
DGB Asia Bhd (0152)	$37.42 Million	1.34%	0.06x	$2.90 Million
iDimension Consolidated Bhd (0174)	$46.82 Million	-7.67%	0.31x	$3.38 Million

About Ramssol Group Bhd

KLSE:0236 Malaysia Software - Application

Market Cap

$79.65 Million

RM317.27 Million MYR

Market Cap Rank

#20193 Global

#381 in Malaysia

Share Price

RM0.79

Change (1 day)

+1.29%

52-Week Range

RM0.66 - RM1.06

All Time High

RM1.06