Wentel Engineering Holdings Berhad
Wentel Engineering Holdings Berhad, through its subsidiaries, engages in the fabrication of semifinished metal products and metal parts in Malaysia, Singapore, and the United States. It operates in three segments: Fabrication of Semi-finished Metal Products; Fabrication of Metal Parts; and Assembly of Finished Products. The company offers support blocks, brackets, panels, housings, and tunnels; m… Read more
Wentel Engineering Holdings Berhad (0298) - Net Assets
Latest net assets as of September 2024: RM179.76 Million MYR
Based on the latest financial reports, Wentel Engineering Holdings Berhad (0298) has net assets worth RM179.76 Million MYR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM197.91 Million) and total liabilities (RM18.14 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 | RM179.76 Million |
| % of Total Assets | 90.83% |
| Annual Growth Rate | 26.34% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.75 |
Wentel Engineering Holdings Berhad - Net Assets Trend (2020–2022)
This chart illustrates how Wentel Engineering Holdings 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 Wentel Engineering Holdings Berhad (2020–2022)
The table below shows the annual net assets of Wentel Engineering Holdings Berhad from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-09-30 | RM87.70 Million | +30.13% |
| 2021-09-30 | RM67.39 Million | +22.63% |
| 2020-09-30 | RM54.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wentel Engineering Holdings 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 61.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM86.02 Million | 98.08% |
| Other Components | RM1.68 Million | 1.92% |
| Total Equity | RM87.70 Million | 100.00% |
Wentel Engineering Holdings Berhad Competitors by Market Cap
The table below lists competitors of Wentel Engineering Holdings Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Il Sung Const
KO:013360
|
$15.05 Million |
|
PREDATOR OIL A.GAS HLDGS
F:1EM
|
$15.06 Million |
|
DIGITAL WORKFORCE SRV.EO1
F:DQ4
|
$15.07 Million |
|
Klaria Pharma Holding AB
ST:KLAR
|
$15.08 Million |
|
Envoy Medical Inc.
NASDAQ:COCH
|
$15.04 Million |
|
Sewha P&C INC
KQ:252500
|
$15.04 Million |
|
Future Metals NL
PINK:FMELF
|
$15.04 Million |
|
Ora Gold Ltd
AU:OAU
|
$15.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wentel Engineering Holdings Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 67,392,235 to 87,699,139, a change of 20,306,904 (30.1%).
- Net income of 20,479,680 contributed positively to equity growth.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM20.48 Million | +23.35% |
| Other Changes | RM-172.78K | -0.2% |
| Total Change | RM- | 30.13% |
Book Value vs Market Value Analysis
This analysis compares Wentel Engineering Holdings 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: 3.08x
- 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 4.92x to 3.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | RM0.05 | RM0.24 | x |
| 2021-09-30 | RM0.06 | RM0.24 | x |
| 2022-09-30 | RM0.08 | RM0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wentel Engineering Holdings 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): 23.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.42%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.23x
- Recent ROE (23.35%) is above the historical average (15.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 5.05% | 4.29% | 0.85x | 1.38x | RM-2.72 Million |
| 2021 | 18.41% | 13.81% | 0.97x | 1.37x | RM5.67 Million |
| 2022 | 23.35% | 17.42% | 1.09x | 1.23x | RM11.71 Million |
Industry Comparison
This section compares Wentel Engineering Holdings Berhad's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $106,389,255
- Average return on equity (ROE) among peers: 4.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wentel Engineering Holdings Berhad (0298) | RM179.76 Million | 5.05% | 0.10x | $15.04 Million |
| Mestron Holdings (0207) | $133.18 Million | 8.22% | 0.51x | $13.22 Million |
| Volcano Bhd (0232) | $67.65 Million | 7.07% | 0.10x | $2.97 Million |
| CEKD Bhd (0238) | $37.51 Million | 16.10% | 0.45x | $2.22 Million |
| Coraza Integrated Technology Bhd (0240) | $24.62 Million | 14.02% | 0.86x | $22.53 Million |
| SFP Tech Holdings Bhd (0251) | $197.22 Million | 19.84% | 0.48x | $15.02 Million |
| Chemlite Innovation Berhad (0348) | $10.17 Million | 88.53% | 2.12x | $7.81 Million |
| Seremban Engineering Bhd (5163) | $25.52 Million | -141.72% | 3.68x | $1.36 Million |
| Uwc Bhd (5292) | $304.78 Million | 30.03% | 0.18x | $374.15 Million |
| APB Resources Bhd (5568) | $156.86 Million | -0.79% | 0.07x | $2.25 Million |