Minox International Group Berhad
Minox International Group Berhad, an investment holding company, engages in the design, development, import, and distribution of stainless steel sanitary valves, tube and fittings, installation components and equipment, and rubber hoses. The company offers 3-A sanitary fittings and connections; high vacuum and sanitary valves; PFA tubing; control head and positioner; sanitary and ASME BPE tubes a… Read more
Minox International Group Berhad (0288) - Net Assets
Latest net assets as of July 2025: RM78.71 Million MYR
Based on the latest financial reports, Minox International Group Berhad (0288) has net assets worth RM78.71 Million MYR as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM107.22 Million) and total liabilities (RM28.51 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 | RM78.71 Million |
| % of Total Assets | 73.41% |
| Annual Growth Rate | 22.11% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 20.19 |
Minox International Group Berhad - Net Assets Trend (2021–2025)
This chart illustrates how Minox International 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 Minox International Group Berhad (2021–2025)
The table below shows the annual net assets of Minox International Group Berhad from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | RM77.84 Million | +1.18% |
| 2024-04-30 | RM76.94 Million | +55.66% |
| 2023-04-30 | RM49.43 Million | +24.25% |
| 2022-04-30 | RM39.78 Million | +13.64% |
| 2021-04-30 | RM35.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Minox International 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 decreased by 74.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM7.68 Million | 10.26% |
| Other Components | RM67.17 Million | 89.74% |
| Total Equity | RM74.85 Million | 100.00% |
Minox International Group Berhad Competitors by Market Cap
The table below lists competitors of Minox International Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Altitude Minerals Ltd
AU:ATT
|
$2.59 Million |
|
Castro
TA:CAST
|
$2.59 Million |
|
Yanaprima Hastapersada Tbk
JK:YPAS
|
$2.59 Million |
|
Advent Wireless Inc
V:AWI
|
$2.59 Million |
|
SRIVARU Holding Limited Ordinary Shares
OTC:SVMH
|
$2.59 Million |
|
Auking Mining Ltd
AU:AKN
|
$2.59 Million |
|
HYDROGEN UTOPIA INT.-001
F:D60
|
$2.59 Million |
|
1000mercis SA
PA:ALMIL
|
$2.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minox International Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 73,627,407 to 74,849,484, a change of 1,222,077 (1.7%).
- Net income of 5,034,257 contributed positively to equity growth.
- Dividend payments of 1,800,000 reduced retained earnings.
- Other factors decreased equity by 2,012,180.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.03 Million | +6.73% |
| Dividends Paid | RM1.80 Million | -2.4% |
| Other Changes | RM-2.01 Million | -2.69% |
| Total Change | RM- | 1.66% |
Book Value vs Market Value Analysis
This analysis compares Minox International 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: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.67x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-04-30 | RM0.09 | RM0.15 | x |
| 2022-04-30 | RM0.10 | RM0.15 | x |
| 2023-04-30 | RM0.13 | RM0.15 | x |
| 2024-04-30 | RM0.20 | RM0.15 | x |
| 2025-04-30 | RM0.21 | RM0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minox International 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): 6.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.51%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.45x
- Recent ROE (6.73%) is below the historical average (13.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 12.96% | 10.79% | 0.54x | 2.23x | RM956.29K |
| 2022 | 22.43% | 24.27% | 0.47x | 1.96x | RM4.62 Million |
| 2023 | 22.15% | 22.89% | 0.56x | 1.71x | RM5.65 Million |
| 2024 | 5.57% | 8.33% | 0.43x | 1.54x | RM-3.26 Million |
| 2025 | 6.73% | 10.51% | 0.44x | 1.45x | RM-2.45 Million |
Industry Comparison
This section compares Minox International Group Berhad's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $416,057,743
- Average return on equity (ROE) among peers: 3.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minox International Group Berhad (0288) | RM78.71 Million | 12.96% | 0.36x | $2.59 Million |
| Tashin Holdings Bhd (0211) | $105.52 Million | 3.94% | 0.78x | $3.14 Million |
| LEFORM (0266) | $169.81 Million | 26.25% | 1.30x | $10.26 Million |
| TSA (0297) | $150.04 Million | 26.76% | 0.61x | $3.80 Million |
| Hydropipes Industries Sdn. Bhd. (03060) | $8.17 Million | 0.00% | 0.21x | $658.12 |
| BWYS Group Berhad (0313) | $217.83 Million | 3.52% | 0.84x | $7.21 Million |
| Colform Group Berhad (0341) | $83.84 Million | 16.50% | 0.18x | $571.81 |
| Saliran Group Berhad (0346) | $20.32 Million | 29.30% | 4.29x | $2.86 Million |
| Melewar Industrial Group Bhd (3778) | $322.00 Million | -66.77% | 3.42x | $5.14 Million |
| Lion Industries Corporation Bhd (4235) | $2.67 Billion | -9.56% | 0.60x | $10.02 Million |