Go Hub Capital Berhad Net Assets
Go Hub Capital Berhad net assets. Based on the latest financial reports, Go Hub Capital Berhad (0311) has net assets worth RM59.91 Million MYR (≈ $15.04 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM86.02 Million ≈ $21.60 Million USD) and total liabilities (RM26.11 Million ≈ $6.55 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 Go Hub Capital Berhad net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM59.91 Million |
| % of Total Assets | 69.65% |
| Annual Growth Rate | 103.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 169.37 |
Net Assets of Go Hub Capital Berhad (2021–2024)
Net assets of Go Hub Capital Berhad from 2021 to 2024. This chart illustrates how Go Hub Capital Berhad's net assets have evolved over time, based on quarterly financial data. See Go Hub Capital Berhad (0311) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Go Hub Capital Berhad (2021–2024)
The table below shows the annual net assets of Go Hub Capital Berhad from 2021 to 2024. For live market cap and overall valuation, see how much is Go Hub Capital Berhad worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM59.91 Million ≈ $15.04 Million |
+14.17% |
| 2023-12-31 | RM52.48 Million ≈ $13.17 Million |
+389.92% |
| 2022-12-31 | RM10.71 Million ≈ $2.69 Million |
+49.72% |
| 2021-12-31 | RM7.15 Million ≈ $1.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Go Hub Capital 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 315.2% over the analyzed period, indicating profitable operations and earnings retention.
Go Hub Capital Berhad Net Assets Breakdown (December 2024)
Go Hub Capital Berhad net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM21.40 Million | 35.72% |
| Other Components | RM38.51 Million | 64.28% |
| Total Equity | RM59.91 Million | 100.00% |
Go Hub Capital Berhad Competitors by Market Cap
The table below lists competitors of Go Hub Capital Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kangnam Jevisco Co Ltd
KO:000860
|
$107.48 Million |
|
HB Technology CO.LTD
KQ:078150
|
$107.48 Million |
|
Tirathai Public Company Limited
BK:TRT
|
$107.52 Million |
|
MAX Automation SE
XETRA:MXHN
|
$107.53 Million |
|
Suryamas Dutamakmur Tbk
JK:SMDM
|
$107.38 Million |
|
Interojo Inc
KQ:119610
|
$107.34 Million |
|
FCW Holdings Bhd
KLSE:2755
|
$107.33 Million |
|
KB Star REIT Co. Ltd.
KO:432320
|
$107.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Go Hub Capital Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 52,475,000 to 59,910,000, a change of 7,435,000 (14.2%).
- Net income of 5,600,000 contributed positively to equity growth.
- New share issuances of 37,513,000 increased equity.
- Other factors decreased equity by 35,678,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.60 Million | +9.35% |
| Share Issuances | RM37.51 Million | +62.62% |
| Other Changes | RM-35.68 Million | -59.55% |
| Total Change | RM- | 14.17% |
Book Value vs Market Value Analysis
This analysis compares Go Hub Capital 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: 7.14x
- 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 59.83x to 7.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | RM0.02 | RM1.07 | x |
| 2022-12-31 | RM0.03 | RM1.07 | x |
| 2023-12-31 | RM0.13 | RM1.07 | x |
| 2024-12-31 | RM0.15 | RM1.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Go Hub Capital 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): 9.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.21%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.44x
- Recent ROE (9.35%) is below the historical average (28.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 33.62% | 11.84% | 0.66x | 4.31x | RM1.69 Million |
| 2022 | 56.55% | 22.81% | 0.76x | 3.27x | RM4.99 Million |
| 2023 | 13.50% | 16.12% | 0.51x | 1.63x | RM1.84 Million |
| 2024 | 9.35% | 14.21% | 0.46x | 1.44x | RM-391.00K |
Industry Comparison
This section compares Go Hub Capital Berhad's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $65,089,207
- Average return on equity (ROE) among peers: -52.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Go Hub Capital Berhad (0311) | RM59.91 Million | 33.62% | 0.44x | $107.46 Million |
| NetX Holdings Bhd (0020) | $18.58 Million | -64.13% | 0.28x | $9.42 Million |
| Metronic Global Bhd (0043) | $50.48 Million | -10.03% | 1.97x | $1.92 Million |
| NCT Alliance Bhd (0056) | $32.33 Million | -1.08% | 0.63x | $292.11 Million |
| Vortex Consolidated Bhd (0060) | $312.11 Million | 0.76% | 0.09x | $69.70 Million |
| Lyc Healthcare Bhd (0075) | $9.20 Million | -21.64% | 1.46x | $928.88K |
| Aldrich Resources Bhd (0079) | $20.85 Million | -455.94% | 0.12x | $3.45 Million |
| Rexit Bhd (0106) | $36.05 Million | 21.79% | 0.08x | $14.79 Million |
| Privasia Technology Bhd (0123) | $59.55 Million | -1.40% | 0.49x | $12.72 Million |
| Microlink Solutions Bhd (0126) | $56.55 Million | 2.38% | 2.08x | $30.29 Million |
| Diversified Gateway Solutions Bhd (0131) | $55.19 Million | 6.62% | 0.85x | $22.47 Million |
About Go Hub Capital Berhad
Go Hub Capital Berhad provides IT solutions to the bus, railway, and other transportation industries in Malaysia. It operates through two segments: Transportation Information Technology Solutions and Other IT Solutions. The company offers customized software development systems, integration of hardware and software systems, maintenance and support services, and terminal management services; and d… Read more