KGW Group Berhad
KGW Group Berhad, an investment holding company, provides logistics services in Malaysia and internationally. The company operates through three segments: Logistics Services Providers, Warehousing and Distribution, and Investment Holding. It offers ocean freight shipping/full container load shipping/ocean freight forwarding, container load, freight forwarding, trucking/local door delivery, and tr… Read more
KGW Group Berhad (0282) - Net Assets
Latest net assets as of September 2024: RM45.23 Million MYR
Based on the latest financial reports, KGW Group Berhad (0282) has net assets worth RM45.23 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 (RM64.02 Million) and total liabilities (RM18.79 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 | RM45.23 Million |
| % of Total Assets | 70.65% |
| Annual Growth Rate | 131.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 68.07 |
KGW Group Berhad - Net Assets Trend (2020–2023)
This chart illustrates how KGW Group 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 KGW Group Berhad (2020–2023)
The table below shows the annual net assets of KGW Group Berhad from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | RM44.89 Million | +57.89% |
| 2022-12-31 | RM28.43 Million | +140.99% |
| 2021-12-31 | RM11.80 Million | +224.63% |
| 2020-12-31 | RM3.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KGW Group 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 1021.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM27.32 Million | 60.85% |
| Other Components | RM17.57 Million | 39.15% |
| Total Equity | RM44.89 Million | 100.00% |
KGW Group Berhad Competitors by Market Cap
The table below lists competitors of KGW Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Morixe Hermanos S.A. 5 Votes
BA:MORI5
|
$2.21 Million |
|
Resource Development Group Ltd
AU:RDG
|
$2.21 Million |
|
VANZO
KLSE:0333
|
$2.21 Million |
|
Social Life Network Inc
PINK:WDLF
|
$2.22 Million |
|
Western Gold Exploration Ltd
V:WGLD
|
$2.21 Million |
|
PNE PCB Bhd
KLSE:6637
|
$2.21 Million |
|
Cemacon Zalau
RO:CEON
|
$2.21 Million |
|
TCS Group Holdings Bhd
KLSE:0221
|
$2.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KGW Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 28,429,780 to 44,890,288, a change of 16,460,508 (57.9%).
- Net income of 387,482 contributed positively to equity growth.
- New share issuances of 16,073,026 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM387.48K | +0.86% |
| Share Issuances | RM16.07 Million | +35.81% |
| Total Change | RM- | 57.90% |
Book Value vs Market Value Analysis
This analysis compares KGW Group 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: 1.13x
- 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 13.94x to 1.13x 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 | RM0.01 | RM0.11 | x |
| 2021-12-31 | RM0.02 | RM0.11 | x |
| 2022-12-31 | RM0.06 | RM0.11 | x |
| 2023-12-31 | RM0.09 | RM0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KGW Group 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): 0.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.54%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 1.40x
- Recent ROE (0.86%) is below the historical average (62.95%), 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 | 59.90% | 3.43% | 4.51x | 3.88x | RM1.81 Million |
| 2021 | 133.57% | 8.06% | 3.97x | 4.18x | RM14.58 Million |
| 2022 | 57.46% | 7.11% | 3.81x | 2.12x | RM13.49 Million |
| 2023 | 0.86% | 0.54% | 1.13x | 1.40x | RM-4.10 Million |
Industry Comparison
This section compares KGW Group Berhad's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $348,330,796
- Average return on equity (ROE) among peers: 9.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KGW Group Berhad (0282) | RM45.23 Million | 59.90% | 0.42x | $2.21 Million |
| Ancom Logistics Bhd (0048) | $24.85 Million | -16.61% | 1.11x | $4.14 Million |
| GD Express Carrier Bhd (0078) | $65.07 Million | 20.93% | 0.65x | $50.80 Million |
| Straits Inter Logistics Bhd (0080) | $85.37 Million | 4.75% | 0.73x | $7.08 Million |
| Tri-Mode System M Bhd (0199) | $92.65 Million | 2.66% | 0.82x | $653.68K |
| AGX Group Berhad (0299) | $5.29 Million | 10.57% | 12.50x | $12.38 Million |
| Sin-Kung Logistics Berhad (0305) | $27.71 Million | 33.86% | 2.09x | $2.17 Million |
| Harbour Link Group Bhd (2062) | $897.81 Million | 13.14% | 0.44x | $27.16 Million |
| POS Malaysia&Services Holdings Bhd (4634) | $1.57 Billion | 9.24% | 0.28x | $18.28 Million |
| Tasco Bhd (5140) | $363.71 Million | 8.08% | 1.06x | $15.96 Million |