Autocount Dotcom Berhad
Autocount Dotcom Berhad, a software development company, develops and distributes financial management software under the AutoCount brand in Malaysia, Singapore, and internationally. The company's software solutions include AutoCount Accounting, Point of Sale, Cloud Accounting, Cloud Payroll, and OneSales. It also engages in the development and wholesale of computer software and other software an… Read more
Autocount Dotcom Berhad (0276) - Net Assets
Latest net assets as of September 2024: RM56.88 Million MYR
Based on the latest financial reports, Autocount Dotcom Berhad (0276) has net assets worth RM56.88 Million MYR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM69.92 Million) and total liabilities (RM13.04 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 | RM56.88 Million |
| % of Total Assets | 81.35% |
| Annual Growth Rate | 49.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 99.19 |
Autocount Dotcom Berhad - Net Assets Trend (2020–2023)
This chart illustrates how Autocount Dotcom 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 Autocount Dotcom Berhad (2020–2023)
The table below shows the annual net assets of Autocount Dotcom Berhad from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | RM53.81 Million | +148.41% |
| 2022-12-31 | RM21.66 Million | +170.52% |
| 2021-12-31 | RM8.01 Million | -50.07% |
| 2020-12-31 | RM16.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Autocount Dotcom 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 51.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM23.03 Million | 42.80% |
| Other Components | RM30.78 Million | 57.20% |
| Total Equity | RM53.81 Million | 100.00% |
Autocount Dotcom Berhad Competitors by Market Cap
The table below lists competitors of Autocount Dotcom Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tacheng Real Estate Co Ltd
TWO:6171
|
$17.20 Million |
|
PSG Konsult Ltd
JSE:KST
|
$17.21 Million |
|
Chien Wei Precise Technology Co Ltd
TWO:8092
|
$17.21 Million |
|
FIRST CITIZENS BC A
BE:FC6A
|
$17.21 Million |
|
Independence Gold Corp
OTCQB:IEGCF
|
$17.16 Million |
|
Ariadne Australia Ltd
AU:ARA
|
$17.16 Million |
|
Marka Yatirim Holding AS
IS:MARKA
|
$17.16 Million |
|
PT Cerestar Indonesia Tbk
JK:TRGU
|
$17.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Autocount Dotcom Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 21,662,964 to 53,813,570, a change of 32,150,606 (148.4%).
- Net income of 12,982,975 contributed positively to equity growth.
- Dividend payments of 11,010,000 reduced retained earnings.
- New share issuances of 30,146,556 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM12.98 Million | +24.13% |
| Dividends Paid | RM11.01 Million | -20.46% |
| Share Issuances | RM30.15 Million | +56.02% |
| Other Changes | RM31.07K | +0.06% |
| Total Change | RM- | 148.41% |
Book Value vs Market Value Analysis
This analysis compares Autocount Dotcom 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: 7.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 23.51x to 7.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | RM0.03 | RM0.69 | x |
| 2021-12-31 | RM0.01 | RM0.69 | x |
| 2022-12-31 | RM0.04 | RM0.69 | x |
| 2023-12-31 | RM0.10 | RM0.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Autocount Dotcom 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): 24.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.29%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.32x
- Recent ROE (24.13%) is below the historical average (62.32%), 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 | 35.64% | 29.11% | 0.76x | 1.60x | RM4.11 Million |
| 2021 | 125.25% | 34.02% | 0.73x | 5.06x | RM9.23 Million |
| 2022 | 64.27% | 35.96% | 1.04x | 1.72x | RM11.76 Million |
| 2023 | 24.13% | 31.29% | 0.58x | 1.32x | RM7.60 Million |
Industry Comparison
This section compares Autocount Dotcom Berhad's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $115,841,628
- Average return on equity (ROE) among peers: -24.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Autocount Dotcom Berhad (0276) | RM56.88 Million | 35.64% | 0.23x | $17.17 Million |
| IFCA MSC Bhd (0023) | $106.07 Million | 0.49% | 0.34x | $14.32 Million |
| Nova MSC Bhd (0026) | $46.59 Million | 1.10% | 0.26x | $10.03 Million |
| MMAG Holdings Bhd (0034) | $376.25 Million | -6.02% | 1.13x | $960.62K |
| Systech Bhd (0050) | $51.31 Million | 0.86% | 0.24x | $10.69 Million |
| Cuscapi Berhad (0051) | $18.84 Million | -130.34% | 1.75x | $5.12 Million |
| Excel Force MSC Bhd (0065) | $101.67 Million | 12.12% | 0.08x | $7.15 Million |
| N2N Connect Bhd (0108) | $284.73 Million | 6.19% | 0.08x | $11.11 Million |
| Appasia Bhd (0119) | $27.12 Million | 1.71% | 0.13x | $10.71 Million |
| DGB Asia Bhd (0152) | $130.71 Million | -16.79% | 0.86x | $838.97K |
| iDimension Consolidated Bhd (0174) | $15.11 Million | -112.15% | 0.73x | $566.90K |