DC HEALTHCARE HOLDINGS BERHAD
DC Healthcare Holdings Berhad, an investment holding company, provides aesthetic medical services specializing in non-invasive and minimally invasive procedures in Malaysia. The company offers aesthetic services, including facial and skin treatments, facial sculpting, body contouring, and hair growth and removal; and general medical consultation services comprising annual health check-ups and ski… Read more
DC HEALTHCARE HOLDINGS BERHAD (0283) - Net Assets
Latest net assets as of September 2024: RM47.61 Million MYR
Based on the latest financial reports, DC HEALTHCARE HOLDINGS BERHAD (0283) has net assets worth RM47.61 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 (RM99.33 Million) and total liabilities (RM51.72 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 | RM47.61 Million |
| % of Total Assets | 47.93% |
| Annual Growth Rate | 138.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 117.99 |
DC HEALTHCARE HOLDINGS BERHAD - Net Assets Trend (2020–2023)
This chart illustrates how DC HEALTHCARE 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 DC HEALTHCARE HOLDINGS BERHAD (2020–2023)
The table below shows the annual net assets of DC HEALTHCARE HOLDINGS BERHAD from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | RM64.38 Million | +327.87% |
| 2022-12-31 | RM15.05 Million | +88.16% |
| 2021-12-31 | RM8.00 Million | +68.18% |
| 2020-12-31 | RM4.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DC HEALTHCARE 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 245.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM15.72 Million | 24.42% |
| Other Components | RM48.66 Million | 75.58% |
| Total Equity | RM64.38 Million | 100.00% |
DC HEALTHCARE HOLDINGS BERHAD Competitors by Market Cap
The table below lists competitors of DC HEALTHCARE HOLDINGS BERHAD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silver Hammer Mining Corp
PINK:HAMRF
|
$5.67 Million |
|
UAS Drone Corp
OTCQB:USDR
|
$5.67 Million |
|
Blueberry NFT CO.LTD
KQ:044480
|
$5.67 Million |
|
Jiyuan Packaging Holdings Ltd
TW:8488
|
$5.67 Million |
|
VC Inc.
KQ:365900
|
$5.67 Million |
|
Ewon Comfortech Co. Ltd
KQ:088290
|
$5.66 Million |
|
0O45
LSE:0O45
|
$5.66 Million |
|
Index International Group Public Company Limited
BK:IND
|
$5.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DC HEALTHCARE HOLDINGS BERHAD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 15,047,525 to 64,384,007, a change of 49,336,482 (327.9%).
- Net income of 2,504,068 contributed positively to equity growth.
- New share issuances of 47,862,414 increased equity.
- Other factors decreased equity by 1,030,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.50 Million | +3.89% |
| Share Issuances | RM47.86 Million | +74.34% |
| Other Changes | RM-1.03 Million | -1.6% |
| Total Change | RM- | 327.87% |
Book Value vs Market Value Analysis
This analysis compares DC HEALTHCARE 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: 1.86x
- 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 25.14x to 1.86x 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 | RM0.00 | RM0.12 | x |
| 2021-12-31 | RM0.01 | RM0.12 | x |
| 2022-12-31 | RM0.02 | RM0.12 | x |
| 2023-12-31 | RM0.06 | RM0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DC HEALTHCARE 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): 3.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.70%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.54x
- Recent ROE (3.89%) is below the historical average (41.23%), 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 | 39.98% | 13.16% | 0.86x | 3.55x | RM1.43 Million |
| 2021 | 57.55% | 18.06% | 0.78x | 4.07x | RM3.80 Million |
| 2022 | 63.52% | 18.39% | 1.08x | 3.21x | RM8.05 Million |
| 2023 | 3.89% | 3.70% | 0.68x | 1.54x | RM-3.93 Million |
Industry Comparison
This section compares DC HEALTHCARE HOLDINGS BERHAD's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $3,610,981,597
- Average return on equity (ROE) among peers: 29.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DC HEALTHCARE HOLDINGS BERHAD (0283) | RM47.61 Million | 39.98% | 1.09x | $5.67 Million |
| TMC Life Sciences Bhd (0101) | $48.97 Million | 18.72% | 0.24x | $32.96 Million |
| Optimax Holdings Sdn Bhd (0222) | $20.79 Million | 21.38% | 1.70x | $17.14 Million |
| Cengild Medical Berhad (0243) | $9.79 Million | 40.37% | 3.81x | $11.79 Million |
| ALPHA (0303) | $54.55 Million | 97.60% | 0.76x | $70.68 Million |
| Metro Healthcare Berhad (0329) | $34.34 Million | 27.49% | 0.46x | $4.10 Million |
| PMCK Berhad (0363) | $81.09 Million | 13.23% | 0.33x | $421.93 |
| IHH Healthcare Bhd (5225) | $25.90 Billion | 3.74% | 0.50x | $6.11 Billion |
| KPJ Healthcare Bhd (5878) | $2.74 Billion | 12.92% | 1.70x | $1.99 Billion |