Cloudpoint Technology Berhad
Cloudpoint Technology Berhad, an investment holding company, provides information technology (IT) and artificial intelligence (AI) solutions, digital applications, and cloud services in Malaysia. The company offers enterprise and data center networking; cybersecurity solutions; hybrid IT and cloud computing; digital applications and cloud services, such as software-as-a-service and platform-as-a-… Read more
Cloudpoint Technology Berhad (0277) - Net Assets
Latest net assets as of September 2024: RM78.61 Million MYR
Based on the latest financial reports, Cloudpoint Technology Berhad (0277) has net assets worth RM78.61 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 (RM109.10 Million) and total liabilities (RM30.50 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 | RM78.61 Million |
| % of Total Assets | 72.05% |
| Annual Growth Rate | 49.2% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 115.02 |
Cloudpoint Technology Berhad - Net Assets Trend (2020–2023)
This chart illustrates how Cloudpoint Technology 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 Cloudpoint Technology Berhad (2020–2023)
The table below shows the annual net assets of Cloudpoint Technology Berhad from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | RM71.01 Million | +241.46% |
| 2022-12-31 | RM20.80 Million | +32.94% |
| 2021-12-31 | RM15.64 Million | -26.89% |
| 2020-12-31 | RM21.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cloudpoint Technology 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 51.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM30.22 Million | 42.55% |
| Other Components | RM40.79 Million | 57.45% |
| Total Equity | RM71.01 Million | 100.00% |
Cloudpoint Technology Berhad Competitors by Market Cap
The table below lists competitors of Cloudpoint Technology Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Auk Corp
KO:017900
|
$27.81 Million |
|
Notion Vtec Bhd
KLSE:0083
|
$27.81 Million |
|
BOCOM International Holdings Company Limited
F:597
|
$27.82 Million |
|
ROKISKIO SURIS PC EO 029
F:YTV
|
$27.83 Million |
|
Plum Acquisition Corp. III
NASDAQ:PLMJ
|
$27.80 Million |
|
PSQ Holdings Inc.
NYSE:PSQH
|
$27.80 Million |
|
Kapsch Traffic
VI:KTCG
|
$27.80 Million |
|
Diffusion Engineers Ltd
NSE:DIFFNKG
|
$27.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cloudpoint Technology Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 20,797,000 to 71,012,000, a change of 50,215,000 (241.5%).
- Net income of 16,237,000 contributed positively to equity growth.
- Dividend payments of 8,000,000 reduced retained earnings.
- New share issuances of 40,402,000 increased equity.
- Other factors increased equity by 1,576,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM16.24 Million | +22.87% |
| Dividends Paid | RM8.00 Million | -11.27% |
| Share Issuances | RM40.40 Million | +56.89% |
| Other Changes | RM1.58 Million | +2.22% |
| Total Change | RM- | 241.45% |
Book Value vs Market Value Analysis
This analysis compares Cloudpoint Technology 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: 3.59x
- 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 11.92x to 3.59x 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 | RM0.04 | RM0.48 | x |
| 2021-12-31 | RM0.03 | RM0.48 | x |
| 2022-12-31 | RM0.04 | RM0.48 | x |
| 2023-12-31 | RM0.13 | RM0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cloudpoint Technology 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): 22.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.74%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.57x
- Recent ROE (22.87%) is below the historical average (47.66%), 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 | 39.02% | 16.30% | 1.46x | 1.64x | RM6.21 Million |
| 2021 | 65.49% | 17.21% | 1.28x | 2.97x | RM8.68 Million |
| 2022 | 63.24% | 14.52% | 1.36x | 3.20x | RM11.07 Million |
| 2023 | 22.87% | 14.74% | 0.99x | 1.57x | RM9.14 Million |
Industry Comparison
This section compares Cloudpoint Technology Berhad's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $94,720,524
- Average return on equity (ROE) among peers: 0.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cloudpoint Technology Berhad (0277) | RM78.61 Million | 39.02% | 0.39x | $27.81 Million |
| NetX Holdings Bhd (0020) | $126.46 Million | -12.36% | 0.27x | $4.06 Million |
| Metronic Global Bhd (0043) | $117.53 Million | -17.40% | 0.38x | $1.70 Million |
| NCT Alliance Bhd (0056) | $74.47 Million | 10.52% | 0.38x | $62.35 Million |
| Vortex Consolidated Bhd (0060) | $312.11 Million | 0.76% | 0.09x | $20.06 Million |
| Lyc Healthcare Bhd (0075) | $9.20 Million | -21.64% | 1.46x | $1.11 Million |
| Aldrich Resources Bhd (0079) | $22.35 Million | -5.12% | 0.36x | $2.20 Million |
| Rexit Bhd (0106) | $40.70 Million | 23.38% | 0.11x | $4.95 Million |
| Privasia Technology Bhd (0123) | $80.44 Million | 0.14% | 0.68x | $4.58 Million |
| Microlink Solutions Bhd (0126) | $119.48 Million | 26.58% | 0.72x | $15.73 Million |
| Diversified Gateway Solutions Bhd (0131) | $44.48 Million | 0.94% | 0.92x | $6.51 Million |