TT Vision Holdings Berhad
TT Vision Holdings Berhad, an investment holding company, engages in the development, manufacture, and sale of machine vision equipment, and related products and services. The company offers semiconductor/led inspection solutions, including wafer, wirebond, and substrate package AOI machines; PV inspections, test, and sort products, such as WINS solar wafer inspection and sorting machine, IBC and… Read more
TT Vision Holdings Berhad (0272) - Net Assets
Latest net assets as of September 2025: RM118.51 Million MYR
Based on the latest financial reports, TT Vision Holdings Berhad (0272) has net assets worth RM118.51 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM149.34 Million) and total liabilities (RM30.83 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM118.51 Million |
| % of Total Assets | 79.36% |
| Annual Growth Rate | 25.6% |
| 5-Year Change | 167.28% |
| 10-Year Change | N/A |
| Growth Volatility | 22.93 |
TT Vision Holdings Berhad - Net Assets Trend (2016–2024)
This chart illustrates how TT Vision Holdings Berhad's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TT Vision Holdings Berhad (2016–2024)
The table below shows the annual net assets of TT Vision Holdings Berhad from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM119.10 Million | +16.71% |
| 2023-12-31 | RM102.05 Million | +61.33% |
| 2022-12-31 | RM63.25 Million | +19.40% |
| 2021-12-31 | RM52.98 Million | +18.89% |
| 2020-12-31 | RM44.56 Million | +3.02% |
| 2019-12-31 | RM43.25 Million | +6.13% |
| 2018-12-31 | RM40.76 Million | +69.24% |
| 2017-12-31 | RM24.08 Million | +25.20% |
| 2016-12-31 | RM19.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TT Vision 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 422.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM46.11 Million | 38.72% |
| Common Stock | RM81.56 Million | 68.48% |
| Total Equity | RM119.10 Million | 100.00% |
TT Vision Holdings Berhad Competitors by Market Cap
The table below lists competitors of TT Vision Holdings Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Modi Rubber Limited
NSE:MODIRUBBER
|
$3.97 Million |
|
SOCKET MOBILE NEW DL-001
F:SNB1
|
$3.97 Million |
|
The House of Agriculture Spiroy S.A.
AT:SPIR
|
$3.97 Million |
|
FULLWEALTH I.GRP.H.HD-01
F:P66
|
$3.97 Million |
|
Yorkton Equity Group Inc
V:YEG
|
$3.97 Million |
|
TMD Energy Limited
NYSE MKT:TMDE
|
$3.96 Million |
|
The Goodheart-Willcox Company Inc
PINK:GWOX
|
$3.96 Million |
|
Tintina Mines Limited
V:TTS
|
$3.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TT Vision Holdings Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 102,049,340 to 119,100,000, a change of 17,050,660 (16.7%).
- Net income of 3,804,000 contributed positively to equity growth.
- Other factors increased equity by 13,246,660.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM3.80 Million | +3.19% |
| Other Changes | RM13.25 Million | +11.12% |
| Total Change | RM- | 16.71% |
Book Value vs Market Value Analysis
This analysis compares TT Vision 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: 0.64x
- 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 3.19x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.05 | RM0.16 | x |
| 2017-12-31 | RM0.06 | RM0.16 | x |
| 2018-12-31 | RM0.11 | RM0.16 | x |
| 2019-12-31 | RM0.12 | RM0.16 | x |
| 2020-12-31 | RM0.12 | RM0.16 | x |
| 2021-12-31 | RM0.14 | RM0.16 | x |
| 2022-12-31 | RM0.16 | RM0.16 | x |
| 2023-12-31 | RM0.22 | RM0.16 | x |
| 2024-12-31 | RM0.25 | RM0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TT Vision 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): 3.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.72%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.23x
- Recent ROE (3.19%) is below the historical average (9.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 22.18% | 17.83% | 0.55x | 2.26x | RM2.34 Million |
| 2017 | 20.13% | 15.80% | 0.59x | 2.14x | RM2.44 Million |
| 2018 | 6.87% | 9.82% | 0.51x | 1.37x | RM-1.27 Million |
| 2019 | -10.25% | -21.46% | 0.34x | 1.42x | RM-8.76 Million |
| 2020 | 4.51% | 8.05% | 0.37x | 1.52x | RM-2.45 Million |
| 2021 | 15.74% | 17.64% | 0.58x | 1.53x | RM3.04 Million |
| 2022 | 16.13% | 19.26% | 0.56x | 1.51x | RM3.88 Million |
| 2023 | 10.51% | 18.43% | 0.42x | 1.35x | RM522.07K |
| 2024 | 3.19% | 6.72% | 0.39x | 1.23x | RM-8.11 Million |
Industry Comparison
This section compares TT Vision Holdings Berhad's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $357,823,533
- Average return on equity (ROE) among peers: 13.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TT Vision Holdings Berhad (0272) | RM118.51 Million | 22.18% | 0.26x | $3.97 Million |
| Elsoft Research Bhd (0090) | $138.93 Million | 30.93% | 0.09x | $11.77 Million |
| ViTrox Corporation Bhd (0097) | $1.13 Billion | 11.75% | 0.36x | $604.35 Million |
| MMS Ventures Bhd (0113) | $61.33 Million | 12.36% | 0.13x | $4.05 Million |
| VisDynamics Holdings Bhd (0120) | $44.26 Million | 11.45% | 0.22x | $4.90 Million |
| JF Technology BHD (0146) | $134.18 Million | 2.65% | 0.13x | $32.65 Million |
| Inari Amertron Bhd (0166) | $1.38 Billion | 23.99% | 0.32x | $917.68 Million |
| Aemulus Holdings Bhd (0181) | $112.61 Million | 9.28% | 0.41x | $16.03 Million |
| Turiya Bhd (4359) | $122.62 Million | -2.15% | 0.44x | $2.05 Million |
| FoundPac Group Bhd (5277) | $96.01 Million | 16.73% | 0.12x | $15.24 Million |