SNS (0259) - Net Assets
Based on the latest financial reports, SNS (0259) has net assets worth RM313.80 Million MYR (≈ $78.78 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM696.81 Million ≈ $174.95 Million USD) and total liabilities (RM383.01 Million ≈ $96.16 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. Read 0259 total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM313.80 Million |
| % of Total Assets | 45.03% |
| Annual Growth Rate | 44.83% |
| 5-Year Change | 338.0% |
| 10-Year Change | N/A |
| Growth Volatility | 46.07 |
SNS - Net Assets Trend (2020–2025)
This chart illustrates how SNS's net assets have evolved over time, based on quarterly financial data. Also explore SNS (0259) total assets for the complete picture of this company's asset base.
Annual Net Assets for SNS (2020–2025)
The table below shows the annual net assets of SNS from 2020 to 2025. For live valuation and market cap data, see SNS (0259) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | RM276.39 Million ≈ $69.39 Million |
+13.44% |
| 2024-01-31 | RM243.65 Million ≈ $61.17 Million |
+10.25% |
| 2023-01-31 | RM221.00 Million ≈ $55.49 Million |
+137.59% |
| 2022-01-31 | RM93.02 Million ≈ $23.35 Million |
+47.41% |
| 2021-01-31 | RM63.10 Million ≈ $15.84 Million |
+45.61% |
| 2020-01-31 | RM43.34 Million ≈ $10.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SNS'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 311.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM158.92 Million | 57.50% |
| Common Stock | RM172.67 Million | 62.47% |
| Total Equity | RM276.39 Million | 100.00% |
SNS Competitors by Market Cap
The table below lists competitors of SNS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ceragon Networks Ltd
NASDAQ:CRNT
|
$197.76 Million |
|
Samyoung Elec
KO:005680
|
$197.81 Million |
|
OMS Energy Technologies Inc.
NASDAQ:OMSE
|
$197.81 Million |
|
Tele2 AB (publ)
ST:TEL2-A
|
$197.81 Million |
|
Quang Viet Enterprise Co Ltd
TW:4438
|
$197.72 Million |
|
United Pharm
KO:033270
|
$197.70 Million |
|
Catella AB (publ)
ST:CAT-B
|
$197.61 Million |
|
i-SENS Inc
KQ:099190
|
$197.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SNS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 243,652,263 to 276,387,135, a change of 32,734,872 (13.4%).
- Net income of 30,303,328 contributed positively to equity growth.
- Dividend payments of 16,165,267 reduced retained earnings.
- New share issuances of 15,744,584 increased equity.
- Other factors increased equity by 2,852,227.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM30.30 Million | +10.96% |
| Dividends Paid | RM16.17 Million | -5.85% |
| Share Issuances | RM15.74 Million | +5.7% |
| Other Changes | RM2.85 Million | +1.03% |
| Total Change | RM- | 13.44% |
Book Value vs Market Value Analysis
This analysis compares SNS'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: 2.84x
- 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 17.49x to 2.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-01-31 | RM0.03 | RM0.47 | x |
| 2021-01-31 | RM0.04 | RM0.47 | x |
| 2022-01-31 | RM0.06 | RM0.47 | x |
| 2023-01-31 | RM0.25 | RM0.47 | x |
| 2024-01-31 | RM0.15 | RM0.47 | x |
| 2025-01-31 | RM0.17 | RM0.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SNS 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): 10.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.98%
- • Asset Turnover: 1.82x
- • Equity Multiplier: 2.03x
- Recent ROE (10.96%) is below the historical average (22.91%), 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 | 17.96% | 1.15% | 3.73x | 4.17x | RM3.45 Million |
| 2021 | 37.05% | 3.24% | 3.22x | 3.55x | RM17.07 Million |
| 2022 | 38.61% | 3.23% | 3.81x | 3.14x | RM26.62 Million |
| 2023 | 19.78% | 3.11% | 3.54x | 1.79x | RM21.62 Million |
| 2024 | 13.12% | 2.50% | 2.38x | 2.20x | RM7.60 Million |
| 2025 | 10.96% | 2.98% | 1.82x | 2.03x | RM2.66 Million |
Industry Comparison
This section compares SNS's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $65,701,787
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SNS (0259) | RM313.80 Million | 17.96% | 1.22x | $197.74 Million |
| Pineapple Resources Bhd (0006) | $26.14 Million | 0.09% | 0.10x | $10.29 Million |
| Artroniq Berhad (0038) | $42.49 Million | -18.43% | 1.22x | $15.77 Million |
| Vsolar Group Bhd (0066) | $15.07 Million | -10.21% | 0.08x | $4.99 Million |
| YGL Convergence Bhd (0086) | $19.02 Million | -1.73% | 0.16x | $5.15 Million |
| QES Group Bhd (0196) | $46.53 Million | 32.29% | 1.44x | $89.94 Million |
| Radiant Globaltech Bhd (0202) | $58.62 Million | 5.11% | 0.26x | $32.78 Million |
| Aco Group Bhd (0218) | $92.10 Million | 3.28% | 0.72x | $13.95 Million |
| Marco Holdings Bhd (3514) | $190.65 Million | 7.23% | 0.07x | $26.47 Million |
| Compugates Holdings Bhd (5037) | $100.70 Million | -7.10% | 0.70x | $22.79 Million |
About SNS
SNS Network Technology Berhad provides technology solutions and integrated information systems to end consumers, SME businesses, large corporations, and education and government institutions. The company offers ITC products, such as digital signages, monitors and projectors, networking, cameras, security and CCTVs, laptops, tablets, smartphones, and software products. It also provides information… Read more