AGX Group Berhad (0299) - Net Assets
Based on the latest financial reports, AGX Group Berhad (0299) has net assets worth RM83.49 Million MYR (≈ $20.96 Million USD) as of August 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM141.35 Million ≈ $35.49 Million USD) and total liabilities (RM57.86 Million ≈ $14.53 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 how resilient are AGX Group Berhad's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM83.49 Million |
| % of Total Assets | 59.07% |
| Annual Growth Rate | 188.68% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 287.66 |
AGX Group Berhad - Net Assets Trend (2020–2022)
This chart illustrates how AGX Group Berhad's net assets have evolved over time, based on quarterly financial data. Also explore AGX Group Berhad total assets for the complete picture of this company's asset base.
Annual Net Assets for AGX Group Berhad (2020–2022)
The table below shows the annual net assets of AGX Group Berhad from 2020 to 2022. For live valuation and market cap data, see AGX Group Berhad market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2022-08-31 | RM44.03 Million ≈ $11.06 Million |
+19.72% |
| 2021-08-31 | RM36.78 Million ≈ $9.23 Million |
+595.05% |
| 2020-08-31 | RM5.29 Million ≈ $1.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AGX 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 77.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM28.41 Million | 64.52% |
| Other Components | RM15.62 Million | 35.48% |
| Total Equity | RM44.03 Million | 100.00% |
AGX Group Berhad Competitors by Market Cap
The table below lists competitors of AGX Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bragg Gaming Group Inc
TO:BRAG
|
$43.48 Million |
|
LTKM Bhd
KLSE:7085
|
$43.48 Million |
|
Krynica Vitamin SA
WAR:KVT
|
$43.49 Million |
|
Wikana SA
WAR:WIK
|
$43.50 Million |
|
Hunan Tyen Machinery Co Ltd B
SHG:900946
|
$43.47 Million |
|
China Crystal New Material
KQ:900250
|
$43.47 Million |
|
Chih Lien Industrial Co Ltd
TW:2024
|
$43.47 Million |
|
Crest Group Berhad
KLSE:0323
|
$43.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AGX Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 36,778,409 to 44,032,124, a change of 7,253,715 (19.7%).
- Net income of 13,540,436 contributed positively to equity growth.
- Dividend payments of 1,184,000 reduced retained earnings.
- New share issuances of 70 increased equity.
- Other factors decreased equity by 5,102,791.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM13.54 Million | +30.75% |
| Dividends Paid | RM1.18 Million | -2.69% |
| Share Issuances | RM70.00 | +0.0% |
| Other Changes | RM-5.10 Million | -11.59% |
| Total Change | RM- | 19.72% |
Book Value vs Market Value Analysis
This analysis compares AGX 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: 3.93x
- 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 32.73x to 3.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-08-31 | RM0.01 | RM0.40 | x |
| 2021-08-31 | RM0.08 | RM0.40 | x |
| 2022-08-31 | RM0.10 | RM0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AGX 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): 30.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.78%
- • Asset Turnover: 2.70x
- • Equity Multiplier: 1.97x
- Recent ROE (30.75%) is above the historical average (19.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 10.57% | 0.46% | 1.71x | 13.50x | RM30.39K |
| 2021 | 16.15% | 3.07% | 2.13x | 2.46x | RM2.26 Million |
| 2022 | 30.75% | 5.78% | 2.70x | 1.97x | RM9.14 Million |
Industry Comparison
This section compares AGX Group Berhad's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $271,122,518
- Average return on equity (ROE) among peers: 16.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AGX Group Berhad (0299) | RM83.49 Million | 10.57% | 0.69x | $43.47 Million |
| Ancom Logistics Bhd (0048) | $23.09 Million | -1.56% | 1.14x | $8.32 Million |
| GD Express Carrier Bhd (0078) | $141.36 Million | 20.02% | 0.34x | $179.61 Million |
| Straits Inter Logistics Bhd (0080) | $11.23 Million | 0.43% | 0.07x | $8.74 Million |
| Tri-Mode System M Bhd (0199) | $34.76 Million | 17.25% | 1.36x | $7.09 Million |
| KGW Group Berhad (0282) | $3.63 Million | 59.95% | 2.88x | $12.12 Million |
| Sin-Kung Logistics Berhad (0305) | $27.71 Million | 33.86% | 2.09x | $24.10 Million |
| Harbour Link Group Bhd (2062) | $347.22 Million | 8.25% | 0.75x | $143.10 Million |
| POS Malaysia&Services Holdings Bhd (4634) | $1.12 Billion | 5.66% | 0.68x | $60.92 Million |
| Tasco Bhd (5140) | $735.50 Million | 5.09% | 1.60x | $81.35 Million |
About AGX Group Berhad
AGX Group Berhad, through its subsidiaries, provides logistics services in Malaysia, Singapore, the Philippines, Myanmar, Korea, Vietnam, and internationally. The company offers sea and air freight forwarding, aerospace logistics, land freight, warehousing, storage and distribution, and third-party logistics (3PL) services, as well as road freight transportation services. AGX Group Berhad was fou… Read more