DS Sigma Holdings Berhad (0269) - Net Assets
Based on the latest financial reports, DS Sigma Holdings Berhad (0269) has net assets worth RM121.13 Million MYR (≈ $30.41 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 (RM135.48 Million ≈ $34.01 Million USD) and total liabilities (RM14.35 Million ≈ $3.60 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 DS Sigma Holdings Berhad liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM121.13 Million |
| % of Total Assets | 89.41% |
| Annual Growth Rate | 39.46% |
| 5-Year Change | 317.3% |
| 10-Year Change | N/A |
| Growth Volatility | 41.94 |
DS Sigma Holdings Berhad - Net Assets Trend (2020–2025)
This chart illustrates how DS Sigma Holdings Berhad's net assets have evolved over time, based on quarterly financial data. Also explore how large is DS Sigma Holdings Berhad's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for DS Sigma Holdings Berhad (2020–2025)
The table below shows the annual net assets of DS Sigma Holdings Berhad from 2020 to 2025. For live valuation and market cap data, see 0269 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM120.26 Million ≈ $30.19 Million |
+5.26% |
| 2024-06-30 | RM114.25 Million ≈ $28.68 Million |
+6.93% |
| 2023-06-30 | RM106.84 Million ≈ $26.82 Million |
+112.45% |
| 2022-06-30 | RM50.29 Million ≈ $12.63 Million |
+74.50% |
| 2021-06-30 | RM28.82 Million ≈ $7.24 Million |
+26.38% |
| 2020-06-30 | RM22.80 Million ≈ $5.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DS Sigma Holdings 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 238.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM69.17 Million | 57.52% |
| Other Components | RM51.09 Million | 42.48% |
| Total Equity | RM120.26 Million | 100.00% |
DS Sigma Holdings Berhad Competitors by Market Cap
The table below lists competitors of DS Sigma Holdings Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heramed Ltd
AU:HMD
|
$30.73 Million |
|
Royalty Management Holding Corporation
NASDAQ:RMCO
|
$30.74 Million |
|
INIFY LABORATORIES AB
F:WY60
|
$30.74 Million |
|
GLOBUS MARITIME DL -004
F:0G93
|
$30.74 Million |
|
Kingsmen Resources Ltd
V:KNG
|
$30.72 Million |
|
Qingdao Hengshun Zhongsheng
SHE:300208
|
$30.71 Million |
|
Petrolia SE
F:0PE
|
$30.70 Million |
|
Eldav-L
TA:ELDAV
|
$30.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DS Sigma Holdings Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 114,251,530 to 120,261,000, a change of 6,009,470 (5.3%).
- Net income of 10,810,000 contributed positively to equity growth.
- Dividend payments of 4,800,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM10.81 Million | +8.99% |
| Dividends Paid | RM4.80 Million | -3.99% |
| Other Changes | RM-530.00 | -0.0% |
| Total Change | RM- | 5.26% |
Book Value vs Market Value Analysis
This analysis compares DS Sigma Holdings 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: 1.02x
- 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 5.51x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | RM0.05 | RM0.26 | x |
| 2021-06-30 | RM0.06 | RM0.26 | x |
| 2022-06-30 | RM0.10 | RM0.26 | x |
| 2023-06-30 | RM0.22 | RM0.26 | x |
| 2024-06-30 | RM0.24 | RM0.26 | x |
| 2025-06-30 | RM0.25 | RM0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DS Sigma Holdings 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): 8.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.09%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.11x
- Recent ROE (8.99%) is below the historical average (31.83%), 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 | 43.69% | 11.29% | 1.81x | 2.14x | RM7.48 Million |
| 2021 | 76.77% | 15.89% | 2.40x | 2.01x | RM17.67 Million |
| 2022 | 44.24% | 17.33% | 1.52x | 1.67x | RM16.26 Million |
| 2023 | 7.64% | 9.91% | 0.66x | 1.17x | RM-2.52 Million |
| 2024 | 9.64% | 12.39% | 0.68x | 1.15x | RM-416.15K |
| 2025 | 8.99% | 12.09% | 0.67x | 1.11x | RM-1.22 Million |
Industry Comparison
This section compares DS Sigma Holdings Berhad's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $157,189,997
- Average return on equity (ROE) among peers: 6.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DS Sigma Holdings Berhad (0269) | RM121.13 Million | 43.69% | 0.12x | $30.73 Million |
| HPP Holdings Bhd (0228) | $67.39 Million | 12.22% | 0.57x | $26.84 Million |
| L&P Global Berhad (0268) | $18.33 Million | 23.96% | 1.33x | $14.75 Million |
| Scientex Bhd (4731) | $380.92 Million | 12.52% | 0.63x | $1.36 Billion |
| Versatile Creative Bhd (4995) | $40.03 Million | -40.82% | 1.06x | $63.99 Million |
| Ornapaper Bhd (5065) | $115.00 Million | 6.09% | 0.81x | $13.22 Million |
| BP Plastics Holding Bhd (5100) | $167.34 Million | 7.67% | 0.33x | $55.83 Million |
| Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) | $320.00 Million | 8.44% | 0.19x | $45.38 Million |
| Box Pak (Malaysia) Bhd (6297) | $131.00 Million | 14.50% | 0.61x | $7.53 Million |
| Master Pack Group Bhd (7029) | $174.69 Million | 10.41% | 0.18x | $23.31 Million |
About DS Sigma Holdings Berhad
DS Sigma Holdings Berhad, an investment holding company, engages in manufacturing, supplying, and trading of packaging materials and paper products in Malaysia. The company manufactures corrugated paper packaging products, such as cartons, protective packaging, and paper pallets, as well as trays. It also supplies non-paper based protective packaging products comprising plastic, foam, rubber prod… Read more