Evergreen Max Cash Capital Berhad (0286) - Net Assets
Based on the latest financial reports, Evergreen Max Cash Capital Berhad (0286) has net assets worth RM287.03 Million MYR (≈ $72.06 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 (RM791.92 Million ≈ $198.82 Million USD) and total liabilities (RM504.89 Million ≈ $126.76 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. See net asset quality index of Evergreen Max Cash Capital Berhad to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM287.03 Million |
| % of Total Assets | 36.25% |
| Annual Growth Rate | 27.92% |
| 5-Year Change | 142.13% |
| 10-Year Change | N/A |
| Growth Volatility | 14.23 |
Evergreen Max Cash Capital Berhad - Net Assets Trend (2020–2025)
This chart illustrates how Evergreen Max Cash Capital Berhad's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Evergreen Max Cash Capital Berhad stock valuation.
Annual Net Assets for Evergreen Max Cash Capital Berhad (2020–2025)
The table below shows the annual net assets of Evergreen Max Cash Capital Berhad from 2020 to 2025. Also explore how fast is Evergreen Max Cash Capital Berhad growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RM261.66 Million ≈ $65.69 Million |
+16.30% |
| 2024-09-30 | RM224.99 Million ≈ $56.49 Million |
+10.87% |
| 2023-09-30 | RM202.93 Million ≈ $50.95 Million |
+48.06% |
| 2022-09-30 | RM137.06 Million ≈ $34.41 Million |
+26.83% |
| 2021-09-30 | RM108.06 Million ≈ $27.13 Million |
+41.43% |
| 2020-09-30 | RM76.41 Million ≈ $19.18 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Evergreen Max Cash Capital 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 10171453900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM87.45 Million | 33.42% |
| Other Components | RM174.21 Million | 66.58% |
| Total Equity | RM261.66 Million | 100.00% |
Evergreen Max Cash Capital Berhad Competitors by Market Cap
The table below lists competitors of Evergreen Max Cash Capital Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WIZ CORP Inc
KQ:038620
|
$96.16 Million |
|
Laiqon AG
XETRA:LQAG
|
$96.19 Million |
|
Accel Solutions Group Ltd
TA:ACCL
|
$96.21 Million |
|
Korea Cast Pip
KO:000970
|
$96.21 Million |
|
Tillys Inc
NYSE:TLYS
|
$95.97 Million |
|
Anixa Biosciences Inc
NASDAQ:ANIX
|
$95.95 Million |
|
Kortek Corporation
KQ:052330
|
$95.94 Million |
|
Thai Reinsurance Public Company Limited
BK:THRE
|
$95.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Evergreen Max Cash Capital Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 224,985,630 to 261,656,467, a change of 36,670,837 (16.3%).
- Net income of 36,704,208 contributed positively to equity growth.
- Dividend payments of 3,358,771 reduced retained earnings.
- New share issuances of 40,635,961 increased equity.
- Other factors decreased equity by 37,310,561.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM36.70 Million | +14.03% |
| Dividends Paid | RM3.36 Million | -1.28% |
| Share Issuances | RM40.64 Million | +15.53% |
| Other Changes | RM-37.31 Million | -14.26% |
| Total Change | RM- | 16.30% |
Book Value vs Market Value Analysis
This analysis compares Evergreen Max Cash Capital 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: 1.46x
- 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 4.96x to 1.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | RM0.07 | RM0.34 | x |
| 2021-09-30 | RM0.10 | RM0.34 | x |
| 2022-09-30 | RM0.12 | RM0.34 | x |
| 2023-09-30 | RM0.18 | RM0.34 | x |
| 2024-09-30 | RM0.20 | RM0.34 | x |
| 2025-09-30 | RM0.23 | RM0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Evergreen Max Cash Capital 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): 14.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.11%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.40x
- Recent ROE (14.03%) is above the historical average (10.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 8.28% | 25.90% | 0.18x | 1.76x | RM-1.32 Million |
| 2021 | 11.06% | 19.63% | 0.38x | 1.48x | RM1.15 Million |
| 2022 | 14.63% | 29.85% | 0.30x | 1.61x | RM6.35 Million |
| 2023 | 7.80% | 16.22% | 0.36x | 1.34x | RM-4.47 Million |
| 2024 | 9.80% | 18.04% | 0.32x | 1.67x | RM-441.93K |
| 2025 | 14.03% | 17.11% | 0.34x | 2.40x | RM10.54 Million |
Industry Comparison
This section compares Evergreen Max Cash Capital Berhad's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $277,132,195
- Average return on equity (ROE) among peers: 12.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Evergreen Max Cash Capital Berhad (0286) | RM287.03 Million | 8.28% | 1.76x | $96.13 Million |
| Pappajack Bhd (0242) | $54.93 Million | 2.86% | 0.10x | $171.54 Million |
| Aeon Credit Service Bhd (5139) | $215.84 Million | 22.59% | 3.22x | $673.04 Million |
| ELK-Desa Resources Bhd (5228) | $396.40 Million | 6.54% | 0.19x | $106.72 Million |
| RCE Capital Berhad (9296) | $441.36 Million | 17.89% | 2.86x | $348.30 Million |
About Evergreen Max Cash Capital Berhad
Evergreen Max Cash Capital Berhad, an investment holding company, engages in the provision of pawnbroking services in Malaysia. The company operates through Pawnbroking Services; Tawarruq products; Gold and Luxury Product Retail and Trading; and Others segments. It is also involved in the sale of jewellery and gold products; pawnbroking consultancy, and IT solutions and management; and Islamic fi… Read more