Jati Tinggi Group Berhad
Jati Tinggi Group Berhad, an investment holding company, provides underground and overhead utilities engineering services and solutions in Malaysia. The company is involved in the procurement, supply, delivery, installation, laying, construction, relocation, testing, commissioning, inspection, repair, and maintenance of underground and overhead infrastructure utilities. It also provides substatio… Read more
Jati Tinggi Group Berhad (0292) - Net Assets
Latest net assets as of November 2024: RM65.74 Million MYR
Based on the latest financial reports, Jati Tinggi Group Berhad (0292) has net assets worth RM65.74 Million MYR as of November 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM136.82 Million) and total liabilities (RM71.08 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 | RM65.74 Million |
| % of Total Assets | 48.05% |
| Annual Growth Rate | 36.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 23.82 |
Jati Tinggi Group Berhad - Net Assets Trend (2020–2024)
This chart illustrates how Jati Tinggi 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 Jati Tinggi Group Berhad (2020–2024)
The table below shows the annual net assets of Jati Tinggi Group Berhad from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | RM65.74 Million | +87.36% |
| 2022-05-31 | RM35.09 Million | +35.18% |
| 2021-05-31 | RM25.95 Million | +38.68% |
| 2020-05-31 | RM18.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jati Tinggi 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 grown by 169.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM47.67 Million | 72.52% |
| Other Components | RM18.06 Million | 27.48% |
| Total Equity | RM65.74 Million | 100.00% |
Jati Tinggi Group Berhad Competitors by Market Cap
The table below lists competitors of Jati Tinggi Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WiseChip Semiconductor
TWO:5245
|
$16.47 Million |
|
Hydro Power JSC Power No3
VN:DRL
|
$16.48 Million |
|
Aroot Co. Ltd
KQ:096690
|
$16.48 Million |
|
Bhagyanagar India Limited
NSE:BHAGYANGR
|
$16.48 Million |
|
DK&D Co.Ltd
KQ:263020
|
$16.47 Million |
|
Nexus Minerals Ltd
AU:NXM
|
$16.47 Million |
|
Havila Kystruten AS
OL:HKY
|
$16.47 Million |
|
Pacific Online Limited
PINK:PCOLF
|
$16.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jati Tinggi Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2024, total equity changed from 35,086,190 to 65,739,000, a change of 30,652,810 (87.4%).
- Net income of 9,666,000 contributed positively to equity growth.
- New share issuances of 17,064,000 increased equity.
- Other factors increased equity by 3,922,810.
Equity Change Factors (2022 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM9.67 Million | +14.7% |
| Share Issuances | RM17.06 Million | +25.96% |
| Other Changes | RM3.92 Million | +5.97% |
| Total Change | RM- | 87.36% |
Book Value vs Market Value Analysis
This analysis compares Jati Tinggi 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: 3.58x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 12.56x to 3.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-05-31 | RM0.05 | RM0.60 | x |
| 2021-05-31 | RM0.07 | RM0.60 | x |
| 2022-05-31 | RM0.09 | RM0.60 | x |
| 2024-05-31 | RM0.17 | RM0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jati Tinggi 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): 14.70%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.55%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 2.08x
- Recent ROE (14.70%) is below the historical average (27.38%), 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 | 40.89% | 6.79% | 1.26x | 4.80x | RM5.78 Million |
| 2021 | 27.89% | 7.51% | 1.19x | 3.12x | RM4.64 Million |
| 2022 | 26.03% | 3.89% | 2.04x | 3.28x | RM5.62 Million |
| 2024 | 14.70% | 7.55% | 0.94x | 2.08x | RM3.09 Million |
Industry Comparison
This section compares Jati Tinggi Group Berhad's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jati Tinggi Group Berhad (0292) | RM65.74 Million | 40.89% | 1.08x | $16.47 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |