OPPSTAR (0275) - Net Assets
Based on the latest financial reports, OPPSTAR (0275) has net assets worth RM126.87 Million MYR (≈ $31.85 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 (RM134.08 Million ≈ $33.66 Million USD) and total liabilities (RM7.21 Million ≈ $1.81 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 OPPSTAR asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM126.87 Million |
| % of Total Assets | 94.62% |
| Annual Growth Rate | 151.63% |
| 5-Year Change | 4331.15% |
| 10-Year Change | N/A |
| Growth Volatility | 318.82 |
OPPSTAR - Net Assets Trend (2020–2025)
This chart illustrates how OPPSTAR's net assets have evolved over time, based on quarterly financial data. Also explore 0275 total assets for the complete picture of this company's asset base.
Annual Net Assets for OPPSTAR (2020–2025)
The table below shows the annual net assets of OPPSTAR from 2020 to 2025. For live valuation and market cap data, see 0275 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM135.65 Million ≈ $34.06 Million |
-8.54% |
| 2024-03-31 | RM148.33 Million ≈ $37.24 Million |
+8.55% |
| 2023-03-31 | RM136.64 Million ≈ $34.31 Million |
+845.87% |
| 2022-03-31 | RM14.45 Million ≈ $3.63 Million |
+371.88% |
| 2021-03-31 | RM3.06 Million ≈ $768.61K |
+127.51% |
| 2020-03-31 | RM1.35 Million ≈ $337.83K |
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Equity Component Analysis
This analysis shows how different components contribute to OPPSTAR'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 5917.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM26.75 Million | 19.71% |
| Other Components | RM108.95 Million | 80.29% |
| Total Equity | RM135.70 Million | 100.00% |
OPPSTAR Competitors by Market Cap
The table below lists competitors of OPPSTAR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cineverse Corp.
NASDAQ:CNVS
|
$51.53 Million |
|
Yesil Yapi Endustrisi AS
IS:YYAPI
|
$51.55 Million |
|
BRAIN Biotech AG
XETRA:BNN
|
$51.56 Million |
|
Shree Rama Newsprint Limited
NSE:RAMANEWS
|
$51.56 Million |
|
Silvano Fashion Group AS
WAR:SFG
|
$51.52 Million |
|
Lay Hong Bhd
KLSE:9385
|
$51.48 Million |
|
DynaCERT Inc.
TO:DYA
|
$51.48 Million |
|
LPS Brasil - Consultoria de Imóveis S.A
SA:LPSB3
|
$51.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OPPSTAR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 148,328,815 to 135,698,397, a change of -12,630,418 (-8.5%).
- Net loss of 12,219,142 reduced equity.
- Dividend payments of 5,120,251 reduced retained earnings.
- New share issuances of 377,307 increased equity.
- Other factors increased equity by 4,331,668.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-12.22 Million | -9.0% |
| Dividends Paid | RM5.12 Million | -3.77% |
| Share Issuances | RM377.31K | +0.28% |
| Other Changes | RM4.33 Million | +3.19% |
| Total Change | RM- | -8.52% |
Book Value vs Market Value Analysis
This analysis compares OPPSTAR'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: 1.51x
- 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 151.30x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | RM0.00 | RM0.32 | x |
| 2021-03-31 | RM0.00 | RM0.32 | x |
| 2022-03-31 | RM0.02 | RM0.32 | x |
| 2023-03-31 | RM0.21 | RM0.32 | x |
| 2024-03-31 | RM0.23 | RM0.32 | x |
| 2025-03-31 | RM0.21 | RM0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OPPSTAR 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): -9.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.10%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.04x
- Recent ROE (-9.00%) is below the historical average (70.16%), 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 | 31.31% | 2.64% | 3.12x | 3.80x | RM286.78K |
| 2021 | 254.75% | 26.65% | 1.90x | 5.04x | RM7.49 Million |
| 2022 | 118.48% | 32.89% | 2.45x | 1.47x | RM15.23 Million |
| 2023 | 14.93% | 35.15% | 0.41x | 1.04x | RM6.72 Million |
| 2024 | 10.48% | 27.30% | 0.36x | 1.06x | RM711.16K |
| 2025 | -9.00% | -19.10% | 0.46x | 1.04x | RM-25.79 Million |
Industry Comparison
This section compares OPPSTAR's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $665,369,525
- Average return on equity (ROE) among peers: -4.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OPPSTAR (0275) | RM126.87 Million | 31.31% | 0.06x | $51.53 Million |
| Key ASIC Bhd (0143) | $24.28 Million | -44.37% | 0.40x | $8.79 Million |
| Edelteq Holdings Berhad (0278) | $46.02 Million | 8.77% | 0.22x | $55.89 Million |
| Malaysian Pacific Industries (3867) | $2.47 Billion | 6.67% | 0.20x | $1.83 Billion |
| Unisem M Bhd (5005) | $968.14 Million | -10.88% | 0.62x | $1.36 Billion |
| Globetronics Tech Bhd (7022) | $226.49 Million | 7.03% | 0.22x | $40.38 Million |
| KESM Industries Bhd (9334) | $261.00 Million | 6.51% | 0.41x | $44.06 Million |
About OPPSTAR
Oppstar Berhad, together with its subsidiaries, provides IC design and other related services in Malaysia, Singapore, Japan, and the People's Republic of China. The company operates through IC Design and Post- Silicon Validation Services; and Sales of Semiconductor Wafers and Components segments. It offers front-end design, back-end design, and complete turnkey solutions, as well as post-silicon … Read more