PLYTEC Holding Berhad (0289) - Net Assets
Based on the latest financial reports, PLYTEC Holding Berhad (0289) has net assets worth RM143.36 Million MYR (≈ $35.99 Million USD) as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM282.77 Million ≈ $71.00 Million USD) and total liabilities (RM139.42 Million ≈ $35.00 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. Check 0289 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM143.36 Million |
| % of Total Assets | 50.7% |
| Annual Growth Rate | 22.11% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.06 |
PLYTEC Holding Berhad - Net Assets Trend (2021–2025)
This chart illustrates how PLYTEC Holding Berhad's net assets have evolved over time, based on quarterly financial data. Also explore PLYTEC Holding Berhad asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for PLYTEC Holding Berhad (2021–2025)
The table below shows the annual net assets of PLYTEC Holding Berhad from 2021 to 2025. For live valuation and market cap data, see market cap of PLYTEC Holding Berhad.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | RM136.82 Million ≈ $34.35 Million |
+8.57% |
| 2024-05-31 | RM126.01 Million ≈ $31.64 Million |
+50.27% |
| 2023-05-31 | RM83.86 Million ≈ $21.05 Million |
+15.87% |
| 2022-05-31 | RM72.38 Million ≈ $18.17 Million |
+17.62% |
| 2021-05-31 | RM61.53 Million ≈ $15.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PLYTEC Holding 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 78.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM89.09 Million | 65.43% |
| Common Stock | RM85.57 Million | 62.84% |
| Total Equity | RM136.17 Million | 100.00% |
PLYTEC Holding Berhad Competitors by Market Cap
The table below lists competitors of PLYTEC Holding Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trident Digital Tech Holdings Ltd American Depository Shares
NASDAQ:TDTH
|
$27.39 Million |
|
Hudson Acquisition I Corp. Common Stock
NASDAQ:HUDA
|
$27.39 Million |
|
Maven Wireless Sweden AB
ST:MAVEN
|
$27.40 Million |
|
DDC Enterprise Limited
NYSE:DDC
|
$27.40 Million |
|
CryoCell International Inc
NYSE MKT:CCEL
|
$27.39 Million |
|
Kincora Copper Ltd
AU:KCC
|
$27.38 Million |
|
Mitie Group PLC
LSE:MTO
|
$27.38 Million |
|
Vertex Minerals Ltd
AU:VTX
|
$27.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PLYTEC Holding Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 125,517,492 to 136,167,069, a change of 10,649,577 (8.5%).
- Net income of 13,680,000 contributed positively to equity growth.
- Dividend payments of 3,030,303 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM13.68 Million | +10.05% |
| Dividends Paid | RM3.03 Million | -2.23% |
| Other Changes | RM-120.00 | -0.0% |
| Total Change | RM- | 8.48% |
Book Value vs Market Value Analysis
This analysis compares PLYTEC Holding 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: 0.80x
- 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 1.77x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-05-31 | RM0.10 | RM0.18 | x |
| 2022-05-31 | RM0.12 | RM0.18 | x |
| 2023-05-31 | RM0.14 | RM0.18 | x |
| 2024-05-31 | RM0.21 | RM0.18 | x |
| 2025-05-31 | RM0.22 | RM0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PLYTEC Holding 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): 10.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.80%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.12x
- Recent ROE (10.05%) is below the historical average (11.64%), 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 | 11.66% | 6.30% | 0.71x | 2.60x | RM1.02 Million |
| 2022 | 14.96% | 9.59% | 0.70x | 2.23x | RM3.58 Million |
| 2023 | 16.39% | 8.66% | 0.89x | 2.13x | RM5.34 Million |
| 2024 | 5.15% | 3.92% | 0.71x | 1.86x | RM-6.09 Million |
| 2025 | 10.05% | 6.80% | 0.70x | 2.12x | RM63.29K |
Industry Comparison
This section compares PLYTEC Holding Berhad's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $859,782,732
- Average return on equity (ROE) among peers: 4.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PLYTEC Holding Berhad (0289) | RM143.36 Million | 11.66% | 0.97x | $27.39 Million |
| SC Estate Builder Bhd (0109) | $33.39 Million | 3.24% | 0.12x | $6.07 Million |
| Cahya Mata Sarawak Bhd (2852) | $3.23 Billion | 6.32% | 0.50x | $305.07 Million |
| Johan Holdings Bhd (3441) | $207.13 Million | -6.34% | 3.91x | $7.33 Million |
| Lafarge Malayan Cement Bhd (3794) | $3.17 Billion | 11.00% | 0.26x | $2.39 Billion |
| Hume Industries Berhad (5000) | $23.00 Million | 0.00% | 0.87x | $572.39 Million |
| White Horse Bhd (5009) | $699.00 Million | 6.87% | 0.66x | $27.41 Million |
| YB Ventures Bhd (5048) | $197.00 Million | 5.58% | 0.13x | $4.75 Million |
| Complete Logistic Services Bhd (5136) | $118.25 Million | 13.72% | 0.30x | $609.81 Million |
| Dfcity Group Bhd (5165) | $54.88 Million | 0.19% | 0.52x | $9.41 Million |
About PLYTEC Holding Berhad
PLYTEC Holding Berhad, an investment holding company, provides construction engineering solutions and services in Malaysia, Australia, Hungary, India, the Philippines, Singapore, Taiwan, Thailand, and Uganda. It operates through Construction Method Engineering Solutions; Manufacturing, Trading and Distribution of Building Materials; Digital Design and Engineering Solutions; Prefabricated Construc… Read more