Master Tec Group Berhad (0295) - Net Assets
Based on the latest financial reports, Master Tec Group Berhad (0295) has net assets worth RM178.05 Million MYR (≈ $44.70 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM272.11 Million ≈ $68.32 Million USD) and total liabilities (RM94.06 Million ≈ $23.62 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. Also explore 0295 current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM178.05 Million |
| % of Total Assets | 65.43% |
| Annual Growth Rate | 8.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.25 |
Master Tec Group Berhad - Net Assets Trend (2021–2023)
This chart illustrates how Master Tec Group Berhad's net assets have evolved over time, based on quarterly financial data. Check Master Tec Group Berhad tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Master Tec Group Berhad (2021–2023)
The table below shows the annual net assets of Master Tec Group Berhad from 2021 to 2023. For live valuation and market cap data, see Master Tec Group Berhad (0295) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | RM86.23 Million ≈ $21.65 Million |
+12.79% |
| 2022-06-30 | RM76.45 Million ≈ $19.20 Million |
+4.30% |
| 2021-06-30 | RM73.31 Million ≈ $18.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Master Tec 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 19.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM56.23 Million | 65.21% |
| Other Components | RM30.00 Million | 34.79% |
| Total Equity | RM86.23 Million | 100.00% |
Master Tec Group Berhad Competitors by Market Cap
The table below lists competitors of Master Tec Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tong-Tai Machine Tool Co Ltd
TW:4526
|
$252.30 Million |
|
Oyak Yatirim Menkul Degerler AS
IS:OYYAT
|
$252.37 Million |
|
Silver Bow Mining Corp.
NYSE MKT:SBMT
|
$252.38 Million |
|
Israel Land Development Urban Renewal Ltd
TA:ILDR
|
$252.44 Million |
|
Guangzhou Jointas Chemical Joint Stock Co Ltd
SHE:002909
|
$252.25 Million |
|
Young Fast Optoelectronics Co Ltd
TW:3622
|
$252.21 Million |
|
Allspring Multi Sector Income Fund
NYSE MKT:ERC
|
$252.20 Million |
|
Dasheng Times Cultural Investment Co Ltd
SHG:600892
|
$252.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Master Tec Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 76,455,000 to 86,232,000, a change of 9,777,000 (12.8%).
- Net income of 19,555,000 contributed positively to equity growth.
- Other factors decreased equity by 9,778,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM19.55 Million | +22.68% |
| Other Changes | RM-9.78 Million | -11.34% |
| Total Change | RM- | 12.79% |
Book Value vs Market Value Analysis
This analysis compares Master Tec 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: 11.65x
- 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 13.71x to 11.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | RM0.07 | RM0.99 | x |
| 2022-06-30 | RM0.07 | RM0.99 | x |
| 2023-06-30 | RM0.08 | RM0.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Master Tec 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): 22.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.39%
- • Asset Turnover: 1.66x
- • Equity Multiplier: 2.54x
- Recent ROE (22.68%) is above the historical average (12.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 7.17% | 3.24% | 0.86x | 2.57x | RM-2.07 Million |
| 2022 | 7.24% | 2.01% | 1.33x | 2.72x | RM-2.11 Million |
| 2023 | 22.68% | 5.39% | 1.66x | 2.54x | RM10.93 Million |
Industry Comparison
This section compares Master Tec Group Berhad's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $147,799,463
- Average return on equity (ROE) among peers: 9.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Master Tec Group Berhad (0295) | RM178.05 Million | 7.17% | 0.53x | $252.25 Million |
| Supercomnet Technologies Bhd (0001) | $241.75 Million | 9.72% | 0.10x | $97.91 Million |
| Mikro MSC Bhd (0112) | $106.50 Million | 4.79% | 0.18x | $157.75 Million |
| Fibon Bhd (0149) | $50.18 Million | 4.28% | 0.05x | $9.45 Million |
| Powerwell Holdings Bhd (0217) | $45.43 Million | 30.53% | 0.76x | $121.71 Million |
| Southern Cable Group Bhd (0225) | $176.01 Million | 16.22% | 1.11x | $655.62 Million |
| Cnergenz Bhd (0246) | $71.11 Million | 18.36% | 0.81x | $77.52 Million |
| South Malaysia Industries Bhd (4375) | $151.31 Million | -2.55% | 0.26x | $10.54 Million |
| Sarawak Cable Bhd (5170) | $-58.43 Million | 0.00% | 0.00x | $1.00 Million |
| Metrod Holdings Bhd (6149) | $546.34 Million | 2.16% | 2.36x | $35.85 Million |
About Master Tec Group Berhad
Master Tec Group Berhad, through its subsidiary, Master Tec Wire & Cable Sdn Bhd, engages in the manufacturing and distribution of power cables, control and instrumentation cables, and other related products in Malaysia and internationally. It is also involved in the trading of power cables, fibre optic cables, and other related products. In addition, the company offers power cable, control cable… Read more