UNITRAD (0247) - Net Assets
Based on the latest financial reports, UNITRAD (0247) has net assets worth RM406.82 Million MYR (≈ $102.14 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 (RM1.16 Billion ≈ $290.43 Million USD) and total liabilities (RM749.95 Million ≈ $188.29 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. Explore 0247 cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM406.82 Million |
| % of Total Assets | 35.17% |
| Annual Growth Rate | 12.64% |
| 5-Year Change | 64.05% |
| 10-Year Change | N/A |
| Growth Volatility | 15.17 |
UNITRAD - Net Assets Trend (2020–2025)
This chart illustrates how UNITRAD's net assets have evolved over time, based on quarterly financial data. Also explore 0247 total assets for the complete picture of this company's asset base.
Annual Net Assets for UNITRAD (2020–2025)
The table below shows the annual net assets of UNITRAD from 2020 to 2025. For live valuation and market cap data, see market cap of UNITRAD.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM366.21 Million ≈ $91.94 Million |
+1.89% |
| 2024-03-31 | RM359.41 Million ≈ $90.24 Million |
+8.99% |
| 2023-03-31 | RM329.77 Million ≈ $82.79 Million |
+43.16% |
| 2022-03-31 | RM230.35 Million ≈ $57.83 Million |
+3.19% |
| 2021-03-31 | RM223.23 Million ≈ $56.04 Million |
+10.50% |
| 2020-03-31 | RM202.01 Million ≈ $50.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to UNITRAD'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 7.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM206.68 Million | 60.45% |
| Other Components | RM135.22 Million | 39.55% |
| Total Equity | RM341.91 Million | 100.00% |
UNITRAD Competitors by Market Cap
The table below lists competitors of UNITRAD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pinar Sut Mamulleri Sanayi AS
IS:PNSUT
|
$98.31 Million |
|
Biomea Fusion Inc
NASDAQ:BMEA
|
$98.33 Million |
|
Pasofino Gold Limited
V:VEIN
|
$98.33 Million |
|
Markforged Holding Corp
NYSE:MKFG
|
$98.34 Million |
|
Arbe Robotics Ltd
NASDAQ:ARBE
|
$98.24 Million |
|
Papaya Growth Opportunity Corp I
NASDAQ:PPYA
|
$98.24 Million |
|
LUOYANG GLASS CO. H YC 1
F:LUG
|
$98.20 Million |
|
EDAG Engineering Group AG
XETRA:ED4
|
$98.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UNITRAD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 338,813,000 to 341,908,000, a change of 3,095,000 (0.9%).
- Net loss of 15,131,000 reduced equity.
- Dividend payments of 6,875,000 reduced retained earnings.
- New share issuances of 18,226,000 increased equity.
- Other factors increased equity by 6,875,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-15.13 Million | -4.43% |
| Dividends Paid | RM6.88 Million | -2.01% |
| Share Issuances | RM18.23 Million | +5.33% |
| Other Changes | RM6.88 Million | +2.01% |
| Total Change | RM- | 0.91% |
Book Value vs Market Value Analysis
This analysis compares UNITRAD'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: 1.14x
- 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 1.90x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | RM0.13 | RM0.24 | x |
| 2021-03-31 | RM0.14 | RM0.24 | x |
| 2022-03-31 | RM0.15 | RM0.24 | x |
| 2023-03-31 | RM0.21 | RM0.24 | x |
| 2024-03-31 | RM0.22 | RM0.24 | x |
| 2025-03-31 | RM0.21 | RM0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UNITRAD 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): -4.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.86%
- • Asset Turnover: 1.74x
- • Equity Multiplier: 2.95x
- Recent ROE (-4.43%) is below the historical average (7.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 9.66% | 1.77% | 1.51x | 3.62x | RM-666.60K |
| 2021 | 13.18% | 2.81% | 1.26x | 3.72x | RM6.95 Million |
| 2022 | 18.76% | 3.35% | 1.47x | 3.82x | RM20.17 Million |
| 2023 | 4.67% | 1.10% | 1.52x | 2.79x | RM-17.58 Million |
| 2024 | 6.08% | 1.28% | 1.43x | 3.33x | RM-13.28 Million |
| 2025 | -4.43% | -0.86% | 1.74x | 2.95x | RM-49.32 Million |
Industry Comparison
This section compares UNITRAD's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $273,222,031
- Average return on equity (ROE) among peers: 8.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| UNITRAD (0247) | RM406.82 Million | 9.66% | 1.84x | $98.26 Million |
| Nexgram Holdings Bhd (0096) | $219.84 Million | 4.99% | 0.55x | $9.82 Million |
| Yew Lee Pacific Group Berhad (0248) | $22.93 Million | 22.16% | 0.55x | $82.35 Million |
| Harrisons Holdings (Malaysia) (5008) | $449.58 Million | 14.99% | 1.10x | $112.61 Million |
| Knusford Bhd (5035) | $242.20 Million | -2.83% | 0.37x | $10.88 Million |
| Engtex Group Bhd (5056) | $377.00 Million | 13.53% | 1.48x | $97.19 Million |
| Turbo Mech Bhd (5167) | $119.01 Million | 1.47% | 0.10x | $16.00 Million |
| DKSH Holdings Malaysia Berhad (5908) | $596.97 Million | 7.47% | 2.64x | $227.20 Million |
| UMS Holdings Bhd (7137) | $158.24 Million | 4.97% | 0.05x | $18.39 Million |
About UNITRAD
Unitrade Industries Berhad engages in the wholesale and distribution of building materials for mechanical, electrical, and civil works in Malaysia and internationally. The company provides pipes, valves, fittings, and accessories; solar photovoltaic (PV) systems; reinforcement and structural steel products; and other building materials. It also manufactures and sells pre-insulated pipes under the… Read more