KJTS (0293) - Net Assets
Based on the latest financial reports, KJTS (0293) has net assets worth RM111.01 Million MYR (≈ $27.87 Million USD) as of July 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM139.48 Million ≈ $35.02 Million USD) and total liabilities (RM28.47 Million ≈ $7.15 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 KJTS net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM111.01 Million |
| % of Total Assets | 79.59% |
| Annual Growth Rate | 28.18% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.48 |
KJTS - Net Assets Trend (2020–2022)
This chart illustrates how KJTS's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of KJTS.
Annual Net Assets for KJTS (2020–2022)
The table below shows the annual net assets of KJTS from 2020 to 2022. Also explore 0293 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2022-07-31 | RM36.07 Million ≈ $9.06 Million |
+25.69% |
| 2021-07-31 | RM28.69 Million ≈ $7.20 Million |
+30.66% |
| 2020-07-31 | RM21.96 Million ≈ $5.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KJTS'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 59.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM34.60 Million | 97.16% |
| Other Components | RM1.01 Million | 2.84% |
| Total Equity | RM35.61 Million | 100.00% |
KJTS Competitors by Market Cap
The table below lists competitors of KJTS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nextronics Engineering
TWO:8147
|
$169.87 Million |
|
Pyridam Farma Tbk
JK:PYFA
|
$169.87 Million |
|
Loandepot Inc
NYSE:LDI
|
$169.94 Million |
|
BayWa AG vNa
XETRA:BYW6
|
$169.95 Million |
|
SCH Group Bhd
KLSE:0161
|
$169.79 Million |
|
Paloma Acquisition Corp I Class A Ordinary Shares
NASDAQ:PALO
|
$169.76 Million |
|
Wallix Group SA
PA:ALLIX
|
$169.74 Million |
|
Formosa Optical Technology Co Ltd
TWO:5312
|
$169.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KJTS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 28,476,078 to 35,613,992, a change of 7,137,914 (25.1%).
- Net income of 6,865,977 contributed positively to equity growth.
- New share issuances of 100 increased equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM6.87 Million | +19.28% |
| Share Issuances | RM100.00 | +0.0% |
| Other Changes | RM271.84K | +0.76% |
| Total Change | RM- | 25.07% |
Book Value vs Market Value Analysis
This analysis compares KJTS'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: 18.93x
- 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 30.01x to 18.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-07-31 | RM0.03 | RM0.98 | x |
| 2021-07-31 | RM0.04 | RM0.98 | x |
| 2022-07-31 | RM0.05 | RM0.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KJTS 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): 19.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.27%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 1.83x
- Recent ROE (19.28%) is below the historical average (21.34%), 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 | 24.00% | 7.31% | 1.58x | 2.08x | RM3.15 Million |
| 2021 | 20.75% | 6.93% | 1.38x | 2.17x | RM3.06 Million |
| 2022 | 19.28% | 7.27% | 1.45x | 1.83x | RM3.30 Million |
Industry Comparison
This section compares KJTS's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $156,641,200
- Average return on equity (ROE) among peers: 2.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KJTS (0293) | RM111.01 Million | 24.00% | 0.26x | $169.85 Million |
| GFM Services Bhd (0039) | $105.24 Million | 5.65% | 3.94x | $36.21 Million |
| Efficient E Solutions Bhd (0064) | $121.92 Million | -2.77% | 0.05x | $20.93 Million |
| Scicom MSC Bhd (0099) | $80.20 Million | 43.26% | 0.18x | $200.80 Million |
| Advance Information Marketing Bhd (0122) | $19.57 Million | -19.40% | 0.14x | $5.39 Million |
| Frontken Corporation Bhd (0128) | $213.01 Million | 1.79% | 0.47x | $1.99 Billion |
| Xox Networks Bhd (0140) | $62.76 Million | -9.08% | 0.15x | $7.13 Million |
| MClean Technologies Bhd (0167) | $23.53 Million | -10.36% | 1.64x | $44.51 Million |
| Mtag Group Berhad (0213) | $218.31 Million | 5.66% | 0.12x | $34.86 Million |
| Fima Corporation Bhd (3107) | $565.24 Million | 6.67% | 0.27x | $92.80 Million |
About KJTS
KJTS Group Berhad provides integrated building support in Malaysia, Singapore, and Thailand. It engages in the provision of cooling energy management services, including energy audits; design, construction, operation, maintenance, retrofit, and upgrade of existing district cooling systems (DCS) and chiller plants, as well as engineering, procurement, construction, and commissioning of cooling ene… Read more