PTRB Net Assets
PTRB net assets. Based on the latest financial reports, PTRB (0260) has net assets worth RM197.02 Million MYR (≈ $49.46 Million USD) as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM381.61 Million ≈ $95.81 Million USD) and total liabilities (RM184.59 Million ≈ $46.34 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. Also explore net asset momentum of PTRB to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM197.02 Million |
| % of Total Assets | 51.63% |
| Annual Growth Rate | 32.72% |
| 5-Year Change | 168.67% |
| 10-Year Change | N/A |
| Growth Volatility | 38.99 |
Net Assets of PTRB (2020–2026)
Net assets of PTRB from 2020 to 2026. This chart illustrates how PTRB's net assets have evolved over time, based on quarterly financial data. See PTRB (0260) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for PTRB (2020–2026)
The table below shows the annual net assets of PTRB from 2020 to 2026. For live market cap and overall valuation, see 0260 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-04-30 | RM197.02 Million ≈ $49.46 Million |
-5.92% |
| 2025-04-30 | RM209.41 Million ≈ $52.58 Million |
+2.89% |
| 2024-04-30 | RM203.52 Million ≈ $51.10 Million |
+29.46% |
| 2023-04-30 | RM157.21 Million ≈ $39.47 Million |
+114.38% |
| 2022-04-30 | RM73.33 Million ≈ $18.41 Million |
+40.43% |
| 2021-04-30 | RM52.22 Million ≈ $13.11 Million |
+44.80% |
| 2020-04-30 | RM36.06 Million ≈ $9.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PTRB'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 390.3% over the analyzed period, indicating profitable operations and earnings retention.
PTRB Net Assets Breakdown (April 2026)
PTRB net assets breakdown by equity component as of April 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM144.94 Million | 73.65% |
| Other Components | RM51.86 Million | 26.35% |
| Total Equity | RM196.80 Million | 100.00% |
PTRB Competitors by Market Cap
The table below lists competitors of PTRB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gome Telecom Equipment Co Ltd
SHG:600898
|
$30.90 Million |
|
Sun Race Sturmey-Archer Inc
TW:1526
|
$30.91 Million |
|
EP Manufacturing Bhd
KLSE:7773
|
$30.92 Million |
|
T Scientific Co.Ltd
KQ:057680
|
$30.92 Million |
|
Avrasya Gayrimenkul Yatirim Ortakligi AS
IS:AVGYO
|
$30.89 Million |
|
Hunt Electronic Co Ltd
TWO:3297
|
$30.89 Million |
|
ITV PLC
LSE:ITV
|
$30.89 Million |
|
Auctus Alternative Investments Ltd
AU:AVC
|
$30.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PTRB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 209,155,179 to 196,796,000, a change of -12,359,179 (-5.9%).
- Net loss of 11,593,000 reduced equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-11.59 Million | -5.89% |
| Other Changes | RM-766.18K | -0.39% |
| Total Change | RM- | -5.91% |
Book Value vs Market Value Analysis
This analysis compares PTRB'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: 0.63x
- 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 3.41x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-04-30 | RM0.07 | RM0.23 | x |
| 2021-04-30 | RM0.10 | RM0.23 | x |
| 2022-04-30 | RM0.14 | RM0.23 | x |
| 2023-04-30 | RM0.29 | RM0.23 | x |
| 2024-04-30 | RM0.38 | RM0.23 | x |
| 2025-04-30 | RM0.39 | RM0.23 | x |
| 2026-04-30 | RM0.37 | RM0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PTRB 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): -5.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.05%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 1.94x
- Recent ROE (-5.89%) is below the historical average (20.41%), 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 | 33.90% | 7.58% | 1.71x | 2.62x | RM8.62 Million |
| 2021 | 30.75% | 8.61% | 1.58x | 2.26x | RM10.83 Million |
| 2022 | 28.79% | 6.05% | 2.52x | 1.89x | RM13.78 Million |
| 2023 | 23.43% | 7.33% | 2.00x | 1.60x | RM21.11 Million |
| 2024 | 26.06% | 9.55% | 1.58x | 1.72x | RM32.65 Million |
| 2025 | 5.86% | 2.19% | 1.49x | 1.80x | RM-8.67 Million |
| 2026 | -5.89% | -2.05% | 1.48x | 1.94x | RM-31.27 Million |
Industry Comparison
This section compares PTRB's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,207,472,588
- Average return on equity (ROE) among peers: 19.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PTRB (0260) | RM197.02 Million | 33.90% | 0.94x | $30.89 Million |
| Three A Resources Bhd (0012) | $69.82 Million | 14.48% | 0.75x | $88.46 Million |
| Sunzen Biotech Bhd (0148) | $106.94 Million | -6.49% | 0.38x | $43.17 Million |
| Bioalpha Holdings Bhd (0179) | $167.86 Million | -28.49% | 0.20x | $7.06 Million |
| Nova Wellness Group Bhd (0201) | $19.37 Million | 70.79% | 0.36x | $30.81 Million |
| SDS Group Bhd (0212) | $71.91 Million | 10.11% | 0.93x | $54.74 Million |
| MYMBN Berhad (0280) | $10.79 Million | 62.41% | 0.50x | $16.96 Million |
| SBH Marine Holdings Berhad (0300) | $86.08 Million | 14.56% | 0.34x | $34.56 Million |
| OB Holdings Berhad (0327) | $20.10 Million | 23.44% | 0.52x | $21.63 Million |
| IOI Corporation Bhd (1961) | $10.31 Billion | 13.52% | 0.71x | $7.01 Billion |
About PTRB
PT Resources Holdings Berhad, an investment holding company, engages in the processing and trading of frozen seafood products, and retail trading of meat and non-meat products. The companys frozen seafood products are distributed through wholesalers, food manufacturers, and retailers, as well as to end-customers. It also retails meats, vegetables, dry goods, beverages; and non-food items, such as… Read more