Sunmow Holding Bhd (03050) - Net Assets
Based on the latest financial reports, Sunmow Holding Bhd (03050) has net assets worth RM60.21 Million MYR (≈ $15.12 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM151.75 Million ≈ $38.10 Million USD) and total liabilities (RM91.54 Million ≈ $22.98 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 strategic asset allocation of Sunmow Holding Bhd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM60.21 Million |
| % of Total Assets | 39.67% |
| Annual Growth Rate | 15.33% |
| 5-Year Change | 99.87% |
| 10-Year Change | N/A |
| Growth Volatility | 15.98 |
Sunmow Holding Bhd - Net Assets Trend (2018–2024)
This chart illustrates how Sunmow Holding Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 03050 market cap.
Annual Net Assets for Sunmow Holding Bhd (2018–2024)
The table below shows the annual net assets of Sunmow Holding Bhd from 2018 to 2024. Also explore how fast is Sunmow Holding Bhd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM56.50 Million ≈ $14.19 Million |
+13.93% |
| 2023-12-31 | RM49.59 Million ≈ $12.45 Million |
+10.40% |
| 2022-12-31 | RM44.92 Million ≈ $11.28 Million |
+5.10% |
| 2021-12-31 | RM42.74 Million ≈ $10.73 Million |
+51.18% |
| 2020-12-31 | RM28.27 Million ≈ $7.10 Million |
+12.55% |
| 2019-12-31 | RM25.12 Million ≈ $6.31 Million |
+4.62% |
| 2018-12-31 | RM24.01 Million ≈ $6.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sunmow Holding Bhd'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 25.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM16.25 Million | 28.76% |
| Common Stock | RM38.25 Million | 67.70% |
| Other Components | RM2.00 Million | 3.54% |
| Total Equity | RM56.50 Million | 100.00% |
Sunmow Holding Bhd Competitors by Market Cap
The table below lists competitors of Sunmow Holding Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Muda Holdings Bhd
KLSE:3883
|
$60.50 Million |
|
Rein Therapeutics Inc
NASDAQ:RNTX
|
$60.52 Million |
|
Westag & Getalit AG
F:WUG3
|
$60.55 Million |
|
Skolon AB
ST:SKOLON
|
$60.56 Million |
|
Enersense International Oyj
HE:ESENSE
|
$60.49 Million |
|
Sono-Tek Corp
NASDAQ:SOTK
|
$60.48 Million |
|
Space Shuttle Hi-Tech Co Ltd
TW:2440
|
$60.48 Million |
|
Empresas la Polar SA
SN:ABC
|
$60.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunmow Holding Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 49,592,020 to 56,501,990, a change of 6,909,970 (13.9%).
- Net income of 7,187,230 contributed positively to equity growth.
- New share issuances of 7,207,865 increased equity.
- Other factors decreased equity by 7,485,125.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM7.19 Million | +12.72% |
| Share Issuances | RM7.21 Million | +12.76% |
| Other Changes | RM-7.49 Million | -13.25% |
| Total Change | RM- | 13.93% |
Book Value vs Market Value Analysis
This analysis compares Sunmow Holding Bhd'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: 4.26x
- 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 10.04x to 4.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | RM0.10 | RM1.03 | x |
| 2019-12-31 | RM0.11 | RM1.03 | x |
| 2020-12-31 | RM0.12 | RM1.03 | x |
| 2021-12-31 | RM0.18 | RM1.03 | x |
| 2022-12-31 | RM0.19 | RM1.03 | x |
| 2023-12-31 | RM0.21 | RM1.03 | x |
| 2024-12-31 | RM0.24 | RM1.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunmow Holding Bhd 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): 12.72%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.67%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.83x
- Recent ROE (12.72%) is above the historical average (9.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 10.37% | 2.08% | 1.27x | 3.93x | RM89.77K |
| 2019 | 4.42% | 1.07% | 1.14x | 3.63x | RM-1.40 Million |
| 2020 | 9.06% | 4.09% | 0.69x | 3.19x | RM-264.43K |
| 2021 | 3.43% | 2.26% | 0.63x | 2.42x | RM-2.81 Million |
| 2022 | 12.67% | 6.47% | 0.83x | 2.36x | RM1.20 Million |
| 2023 | 17.21% | 7.41% | 0.78x | 2.97x | RM3.57 Million |
| 2024 | 12.72% | 4.67% | 0.96x | 2.83x | RM1.54 Million |
Industry Comparison
This section compares Sunmow Holding Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $81,484,006
- Average return on equity (ROE) among peers: -9.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunmow Holding Bhd (03050) | RM60.21 Million | 10.37% | 1.52x | $60.50 Million |
| Southern Score Builders Berhad (0045) | $-6.44 Million | 0.00% | 0.00x | $353.75 Million |
| Ecobuilt Holdings Bhd (0059) | $34.50 Million | 4.23% | 4.18x | $3.70 Million |
| Mega Sun City Holdings Bhd (0081) | $65.34 Million | -44.66% | 0.02x | $3.72 Million |
| Waja Konsortium Bhd (0102) | $36.86 Million | -117.43% | 0.45x | $14.00 Million |
| Kelington Group Bhd (0151) | $40.24 Million | 21.22% | 0.72x | $1.65 Billion |
| Widad Group Bhd (0162) | $180.69 Million | 2.22% | 1.27x | $11.75 Million |
| Pasukhas Group Bhd (0177) | $165.33 Million | -11.64% | 0.37x | $4.31 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $60.64 Million |
| Cabnet Holdings Bhd (0191) | $27.59 Million | 23.23% | 0.49x | $9.20 Million |
| Inta Bina Group Bhd (0192) | $42.82 Million | 26.88% | 3.68x | $57.87 Million |
About Sunmow Holding Bhd
Sunmow Holding Berhad provides construction services in Malaysia. The company operates in three segments: Construction, Trading, and Property Development. The company is involved in the construction contract works; provision of construction support services; and trading of goods, building materials, and tools. It also offers construction services, including new build, extensions, repairs, interio… Read more