KJTS (0293) - Net Assets

Latest as of July 2024: RM111.01 Million MYR ≈ $27.87 Million USD

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. Check KJTS liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is KJTS's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for KJTS (2020–2022)

The table below shows the annual net assets of KJTS from 2020 to 2022. For live valuation and market cap data, see market value of KJTS.

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	--

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
AOPEN Inc TW:3046	$133.46 Million
Deoleo S.A MC:OLE	$133.50 Million
Shimmick Corporation Common Stock NASDAQ:SHIM	$133.54 Million
Excel Industries Limited NSE:EXCELINDUS	$133.54 Million
HMA AGRO INDUSTRIES ORD (BSE) NSE:HMAAGRO	$133.44 Million
S.Kijchai Enterprise Public Company Limited BK:SKN	$133.40 Million
GDB Holdings Bhd KLSE:0198	$133.34 Million
Mi Chang Oil KO:003650	$133.29 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: 14.88x
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 23.58x to 14.88x 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	RM0.77	x
2021-07-31	RM0.04	RM0.77	x
2022-07-31	RM0.05	RM0.77	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: $253,283,525
Average return on equity (ROE) among peers: 9.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
KJTS (0293)	RM111.01 Million	24.00%	0.26x	$133.45 Million
GFM Services Bhd (0039)	$182.66 Million	14.47%	2.01x	$31.47 Million
Efficient E Solutions Bhd (0064)	$48.30 Million	25.08%	0.27x	$18.61 Million
Scicom MSC Bhd (0099)	$70.55 Million	21.05%	0.10x	$146.36 Million
Advance Information Marketing Bhd (0122)	$19.92 Million	-20.50%	0.13x	$5.39 Million
Frontken Corporation Bhd (0128)	$1.09 Billion	14.15%	0.19x	$2.06 Billion
Xox Networks Bhd (0140)	$49.01 Million	-5.64%	0.31x	$5.70 Million
MClean Technologies Bhd (0167)	$21.37 Million	29.19%	1.45x	$36.16 Million
Mtag Group Berhad (0213)	$218.31 Million	5.66%	0.12x	$40.86 Million
Fima Corporation Bhd (3107)	$579.44 Million	6.23%	0.24x	$101.13 Million

About KJTS

KLSE:0293 Malaysia Specialty Business Services

Market Cap

$133.45 Million

RM531.54 Million MYR

Market Cap Rank

#18211 Global

#288 in Malaysia

Share Price

RM0.77

Change (1 day)

+0.65%

52-Week Range

RM0.70 - RM1.73

All Time High

RM1.73