Glostrext Berhad Net Assets
Glostrext Berhad net assets. Based on the latest financial reports, Glostrext Berhad (0284) has net assets worth RM67.59 Million MYR (≈ $16.97 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM82.19 Million ≈ $20.64 Million USD) and total liabilities (RM14.60 Million ≈ $3.67 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. Also explore net asset growth rate of Glostrext Berhad to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM67.59 Million |
| % of Total Assets | 82.24% |
| Annual Growth Rate | 18.48% |
| 5-Year Change | 118.04% |
| 10-Year Change | N/A |
| Growth Volatility | 16.05 |
Net Assets of Glostrext Berhad (2020–2026)
Net assets of Glostrext Berhad from 2020 to 2026. This chart illustrates how Glostrext Berhad's net assets have evolved over time, based on quarterly financial data. See 0284 net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Glostrext Berhad (2020–2026)
The table below shows the annual net assets of Glostrext Berhad from 2020 to 2026. For live market cap and overall valuation, see market value of Glostrext Berhad.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | RM65.67 Million ≈ $16.49 Million |
+7.74% |
| 2025-03-31 | RM60.95 Million ≈ $15.30 Million |
+12.45% |
| 2024-03-31 | RM54.21 Million ≈ $13.61 Million |
+53.94% |
| 2023-03-31 | RM35.21 Million ≈ $8.84 Million |
+16.91% |
| 2022-03-31 | RM30.12 Million ≈ $7.56 Million |
+18.87% |
| 2021-03-31 | RM25.34 Million ≈ $6.36 Million |
+6.67% |
| 2020-03-31 | RM23.75 Million ≈ $5.96 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Glostrext 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 decreased by 40.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Glostrext Berhad Net Assets Breakdown (March 2026)
Glostrext Berhad net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM13.03 Million | 20.46% |
| Other Components | RM50.64 Million | 79.54% |
| Total Equity | RM63.67 Million | 100.00% |
Glostrext Berhad Competitors by Market Cap
The table below lists competitors of Glostrext Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silgo Retail Limited
NSE:SILGO
|
$19.90 Million |
|
All In FutureTech Alliance Inc.
NASDAQ:AIFA
|
$19.90 Million |
|
edding AG
F:EDD3
|
$19.92 Million |
|
Biomind Labs Inc
NEO:BMND
|
$19.92 Million |
|
YBM Net Inc
KQ:057030
|
$19.89 Million |
|
Stem Inc
NYSE:STEM
|
$19.88 Million |
|
Castec Korea Co Ltd
KQ:071850
|
$19.88 Million |
|
White Energy Company Ltd
AU:WEC
|
$19.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glostrext Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 58,909,335 to 63,672,028, a change of 4,762,693 (8.1%).
- Net income of 9,934,385 contributed positively to equity growth.
- Dividend payments of 4,170,410 reduced retained earnings.
- Other factors decreased equity by 1,001,282.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM9.93 Million | +15.6% |
| Dividends Paid | RM4.17 Million | -6.55% |
| Other Changes | RM-1.00 Million | -1.57% |
| Total Change | RM- | 8.08% |
Book Value vs Market Value Analysis
This analysis compares Glostrext 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: 1.24x
- 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 3.39x to 1.24x 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 | RM0.06 | RM0.19 | x |
| 2021-03-31 | RM0.06 | RM0.19 | x |
| 2022-03-31 | RM0.07 | RM0.19 | x |
| 2023-03-31 | RM0.09 | RM0.19 | x |
| 2024-03-31 | RM0.13 | RM0.19 | x |
| 2025-03-31 | RM0.14 | RM0.19 | x |
| 2026-03-31 | RM0.15 | RM0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glostrext 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): 15.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.01%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.22x
- Recent ROE (15.60%) is above the historical average (13.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 17.89% | 17.05% | 0.61x | 1.72x | RM1.80 Million |
| 2021 | 9.22% | 13.20% | 0.42x | 1.67x | RM-189.70K |
| 2022 | 22.45% | 25.45% | 0.61x | 1.44x | RM3.75 Million |
| 2023 | 11.69% | 19.04% | 0.47x | 1.32x | RM593.40K |
| 2024 | 2.74% | 5.82% | 0.41x | 1.15x | RM-3.94 Million |
| 2025 | 11.73% | 19.77% | 0.45x | 1.32x | RM1.02 Million |
| 2026 | 15.60% | 18.01% | 0.71x | 1.22x | RM3.57 Million |
Industry Comparison
This section compares Glostrext Berhad's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $131,887,344
- Average return on equity (ROE) among peers: 3.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glostrext Berhad (0284) | RM67.59 Million | 17.89% | 0.22x | $19.89 Million |
| Southern Score Builders Berhad (0045) | $-6.44 Million | 0.00% | 0.00x | $353.75 Million |
| Ecobuilt Holdings Bhd (0059) | $123.81 Million | 5.35% | 0.72x | $3.70 Million |
| Mega Sun City Holdings Bhd (0081) | $67.25 Million | -4.77% | 0.01x | $3.72 Million |
| Waja Konsortium Bhd (0102) | $40.12 Million | -0.57% | 1.17x | $12.60 Million |
| Kelington Group Bhd (0151) | $338.39 Million | 30.77% | 2.17x | $1.66 Billion |
| Widad Group Bhd (0162) | $180.69 Million | 2.22% | 1.27x | $7.84 Million |
| Pasukhas Group Bhd (0177) | $153.30 Million | -14.88% | 0.31x | $3.59 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $62.55 Million |
| Cabnet Holdings Bhd (0191) | $47.04 Million | 10.04% | 0.23x | $9.87 Million |
| Inta Bina Group Bhd (0192) | $146.80 Million | 8.03% | 1.63x | $58.65 Million |
About Glostrext Berhad
Glostrext Berhad, an investment holding company, provides geotechnical instrumentation services in Singapore, Malaysia, and Cambodia. It offers piling, structural, and geotechnical-related services, including instrumentation, testing, and monitoring services for construction projects, as well as completed buildings and infrastructures. The company also provides pile instrumentation and static loa… Read more