LGMS Berhad (0249) - Net Assets
Based on the latest financial reports, LGMS Berhad (0249) has net assets worth RM102.30 Million MYR (≈ $25.68 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 (RM114.81 Million ≈ $28.82 Million USD) and total liabilities (RM12.51 Million ≈ $3.14 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 LGMS Berhad (0249) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM102.30 Million |
| % of Total Assets | 89.11% |
| Annual Growth Rate | 30.7% |
| 5-Year Change | 264.4% |
| 10-Year Change | N/A |
| Growth Volatility | 64.68 |
LGMS Berhad - Net Assets Trend (2018–2025)
This chart illustrates how LGMS Berhad's net assets have evolved over time, based on quarterly financial data. Also explore LGMS Berhad (0249) total assets for the complete picture of this company's asset base.
Annual Net Assets for LGMS Berhad (2018–2025)
The table below shows the annual net assets of LGMS Berhad from 2018 to 2025. For live valuation and market cap data, see 0249 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM102.30 Million ≈ $25.68 Million |
+8.41% |
| 2024-12-31 | RM94.36 Million ≈ $23.69 Million |
+8.99% |
| 2023-12-31 | RM86.58 Million ≈ $21.74 Million |
+3.61% |
| 2022-12-31 | RM83.57 Million ≈ $20.98 Million |
+197.68% |
| 2021-12-31 | RM28.07 Million ≈ $7.05 Million |
+29.30% |
| 2020-12-31 | RM21.71 Million ≈ $5.45 Million |
+14.32% |
| 2019-12-31 | RM18.99 Million ≈ $4.77 Million |
+21.00% |
| 2018-12-31 | RM15.70 Million ≈ $3.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to LGMS Berhad'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 146.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM36.05 Million | 35.24% |
| Common Stock | RM66.25 Million | 64.76% |
| Other Components | RM1.00 | 0.00% |
| Total Equity | RM102.30 Million | 100.00% |
LGMS Berhad Competitors by Market Cap
The table below lists competitors of LGMS Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Klimasan Klima Sanayi ve Ticaret AS
IS:KLMSN
|
$61.84 Million |
|
Ideal Bike
TWO:8933
|
$61.86 Million |
|
Cyclopharm Ltd
AU:CYC
|
$61.87 Million |
|
Samsung Publis
KO:068290
|
$61.87 Million |
|
INFAC Corporation
KO:023810
|
$61.80 Million |
|
PUBLIC POLICY HO.COM 144A
F:PD7
|
$61.79 Million |
|
Comtec Sys
KO:031820
|
$61.77 Million |
|
ICE FISH FARM AS NK-10
F:4YYA
|
$61.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LGMS Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 94,364,000 to 102,302,000, a change of 7,938,000 (8.4%).
- Net income of 10,218,000 contributed positively to equity growth.
- Dividend payments of 2,280,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM10.22 Million | +9.99% |
| Dividends Paid | RM2.28 Million | -2.23% |
| Total Change | RM- | 8.41% |
Book Value vs Market Value Analysis
This analysis compares LGMS Berhad'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: 2.41x
- 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 15.68x to 2.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | RM0.03 | RM0.54 | x |
| 2019-12-31 | RM0.04 | RM0.54 | x |
| 2020-12-31 | RM0.05 | RM0.54 | x |
| 2021-12-31 | RM0.06 | RM0.54 | x |
| 2022-12-31 | RM0.20 | RM0.54 | x |
| 2023-12-31 | RM0.19 | RM0.54 | x |
| 2024-12-31 | RM0.21 | RM0.54 | x |
| 2025-12-31 | RM0.22 | RM0.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LGMS Berhad 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): 9.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.27%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.12x
- Recent ROE (9.99%) is below the historical average (24.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 38.17% | 34.48% | 0.85x | 1.31x | RM4.42 Million |
| 2019 | 33.32% | 30.78% | 0.79x | 1.36x | RM4.43 Million |
| 2020 | 37.35% | 38.96% | 0.76x | 1.26x | RM5.89 Million |
| 2021 | 36.76% | 36.52% | 0.82x | 1.23x | RM7.51 Million |
| 2022 | 13.82% | 35.21% | 0.36x | 1.09x | RM3.19 Million |
| 2023 | 12.96% | 32.77% | 0.36x | 1.10x | RM2.56 Million |
| 2024 | 13.08% | 28.28% | 0.41x | 1.13x | RM2.90 Million |
| 2025 | 9.99% | 23.27% | 0.38x | 1.12x | RM-12.20K |
Industry Comparison
This section compares LGMS Berhad's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $154,301,364
- Average return on equity (ROE) among peers: -8.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LGMS Berhad (0249) | RM102.30 Million | 38.17% | 0.12x | $61.82 Million |
| NetX Holdings Bhd (0020) | $18.58 Million | -64.13% | 0.28x | $11.77 Million |
| Metronic Global Bhd (0043) | $151.33 Million | -19.43% | 0.23x | $1.92 Million |
| NCT Alliance Bhd (0056) | $802.53 Million | 6.18% | 1.24x | $308.04 Million |
| Vortex Consolidated Bhd (0060) | $312.11 Million | 0.76% | 0.09x | $72.28 Million |
| Lyc Healthcare Bhd (0075) | $27.58 Million | -33.45% | 5.64x | $2.79 Million |
| Aldrich Resources Bhd (0079) | $22.35 Million | -5.12% | 0.36x | $5.18 Million |
| Rexit Bhd (0106) | $36.05 Million | 21.79% | 0.08x | $24.14 Million |
| Privasia Technology Bhd (0123) | $60.75 Million | 1.15% | 0.92x | $13.57 Million |
| Microlink Solutions Bhd (0126) | $56.55 Million | 2.38% | 2.08x | $32.31 Million |
| Diversified Gateway Solutions Bhd (0131) | $55.19 Million | 6.62% | 0.85x | $15.91 Million |
About LGMS Berhad
LGMS Berhad provides cybersecurity services in Malaysia and internationally. It operates through Cyber Risk Prevention, Cyber Risk Management and Compliance, and Cyber Threat and Incident Response segments. The company offers penetration testing services, including vulnerability assessment and penetration testing, web application and services penetration testing, mobile application penetration te… Read more