Topmix Berhad Net Assets
Topmix Berhad net assets. Based on the latest financial reports, Topmix Berhad (0302) has net assets worth RM93.11 Million MYR (≈ $23.38 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM129.13 Million ≈ $32.42 Million USD) and total liabilities (RM36.02 Million ≈ $9.04 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 how fast is Topmix Berhad growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM93.11 Million |
| % of Total Assets | 72.11% |
| Annual Growth Rate | 37.67% |
| 5-Year Change | 305.23% |
| 10-Year Change | N/A |
| Growth Volatility | 27.75 |
Net Assets of Topmix Berhad (2020–2025)
Net assets of Topmix Berhad from 2020 to 2025. This chart illustrates how Topmix Berhad's net assets have evolved over time, based on quarterly financial data. See how leveraged is Topmix Berhad's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Topmix Berhad (2020–2025)
The table below shows the annual net assets of Topmix Berhad from 2020 to 2025. For live market cap and overall valuation, see 0302 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM87.40 Million ≈ $21.94 Million |
+19.37% |
| 2024-12-31 | RM73.22 Million ≈ $18.38 Million |
+93.77% |
| 2023-12-31 | RM37.79 Million ≈ $9.49 Million |
+25.56% |
| 2022-12-31 | RM30.10 Million ≈ $7.56 Million |
+39.53% |
| 2021-12-31 | RM21.57 Million ≈ $5.42 Million |
+21.99% |
| 2020-12-31 | RM17.68 Million ≈ $4.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Topmix 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 82.8% over the analyzed period, indicating profitable operations and earnings retention.
Topmix Berhad Net Assets Breakdown (December 2025)
Topmix Berhad net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM31.05 Million | 35.87% |
| Other Components | RM55.51 Million | 64.13% |
| Total Equity | RM86.56 Million | 100.00% |
Topmix Berhad Competitors by Market Cap
The table below lists competitors of Topmix Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WT Financial Group Ltd
AU:WTL
|
$35.11 Million |
|
Mabion S.A.
WAR:MAB
|
$35.14 Million |
|
Veru Inc
NASDAQ:VERU
|
$35.15 Million |
|
Atara Biotherapeutics Inc
NASDAQ:ATRA
|
$35.19 Million |
|
Glacier Media Inc.
TO:GVC
|
$35.10 Million |
|
Freelancer Ltd
AU:FLN
|
$35.10 Million |
|
MERUS POWER OYJ EO 1
F:99H
|
$35.09 Million |
|
Isbir Holding AS
IS:ISBIR
|
$35.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Topmix Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 72,472,652 to 86,560,604, a change of 14,087,952 (19.4%).
- Net income of 17,632,656 contributed positively to equity growth.
- Dividend payments of 3,544,704 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM17.63 Million | +20.37% |
| Dividends Paid | RM3.54 Million | -4.1% |
| Total Change | RM- | 19.44% |
Book Value vs Market Value Analysis
This analysis compares Topmix 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: 1.62x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.91x to 1.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | RM0.04 | RM0.36 | x |
| 2021-12-31 | RM0.05 | RM0.36 | x |
| 2022-12-31 | RM0.08 | RM0.36 | x |
| 2023-12-31 | RM0.10 | RM0.36 | x |
| 2024-12-31 | RM0.18 | RM0.36 | x |
| 2025-12-31 | RM0.22 | RM0.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Topmix 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): 20.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.64%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 1.41x
- Recent ROE (20.37%) is above the historical average (20.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 13.36% | 8.58% | 0.77x | 2.02x | RM593.68K |
| 2021 | 20.48% | 11.45% | 0.74x | 2.42x | RM2.26 Million |
| 2022 | 28.33% | 12.96% | 1.09x | 2.00x | RM5.52 Million |
| 2023 | 22.21% | 11.55% | 1.03x | 1.86x | RM4.61 Million |
| 2024 | 15.97% | 12.45% | 0.85x | 1.50x | RM4.32 Million |
| 2025 | 20.37% | 16.64% | 0.87x | 1.41x | RM8.98 Million |
Industry Comparison
This section compares Topmix Berhad's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $288,131,666
- Average return on equity (ROE) among peers: 20.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Topmix Berhad (0302) | RM93.11 Million | 13.36% | 0.39x | $35.10 Million |
| Wegmans Holdings Berhad (0197) | $84.66 Million | 10.34% | 0.79x | $13.69 Million |
| Spring Art Holdings Bhd (0216) | $18.95 Million | 39.44% | 0.47x | $8.87 Million |
| Mobilia Holdings Bhd (0229) | $79.63 Million | 16.67% | 0.49x | $14.73 Million |
| Ecomate Holdings Bhd (0239) | $11.99 Million | 71.06% | 2.24x | $154.61 Million |
| Synergy House Berhad (0279) | $46.35 Million | 35.87% | 1.83x | $19.46 Million |
| FACB Industries Incorporated (2984) | $211.92 Million | 3.44% | 0.13x | $25.90 Million |
| Panasonic Manufacture Malaysia (3719) | $836.84 Million | 12.64% | 0.21x | $80.22 Million |
| Evergreen Fibreboard Bhd (5101) | $1.02 Billion | -10.06% | 0.42x | $22.27 Million |
| Homeritz Corporation Bhd (5160) | $281.33 Million | 9.24% | 0.08x | $42.62 Million |
About Topmix Berhad
Topmix Berhad, an investment holding company, engages in the wholesale and trade in of laminated sheets in Malaysia, Indonesia, Singapore, the Philippines, and Thailand. The company offers high pressure laminate (HPL) products, compact panels, wall panels, melamine faced chipboard (MFC), polyvinyl chloride edging, decorative boards, PVC plywood, and kitchen and wardrobe accessories, as well as ot… Read more