BWYS Group Berhad
BWYS Group Berhad, an investment holding company, manufactures and sells sheet metal products in Malaysia and internationally. The company offers sheet metal products, including roofing sheets and trusses, industrial racking systems, and welded pipes. It also rents and sells scaffoldings; and trades in steel materials, and steel related products. In addition, the company is involved in trading, a… Read more
BWYS Group Berhad (0313) - Net Assets
Latest net assets as of September 2025: RM228.74 Million MYR
Based on the latest financial reports, BWYS Group Berhad (0313) has net assets worth RM228.74 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM434.06 Million) and total liabilities (RM205.32 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 | RM228.74 Million |
| % of Total Assets | 52.7% |
| Annual Growth Rate | 27.01% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.82 |
BWYS Group Berhad - Net Assets Trend (2021–2024)
This chart illustrates how BWYS Group 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 BWYS Group Berhad (2021–2024)
The table below shows the annual net assets of BWYS Group Berhad from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM217.83 Million | +39.90% |
| 2023-12-31 | RM155.70 Million | +31.19% |
| 2022-12-31 | RM118.68 Million | +11.64% |
| 2021-12-31 | RM106.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BWYS 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 13302118300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM133.02 Million | 61.07% |
| Other Components | RM84.80 Million | 38.93% |
| Total Equity | RM217.83 Million | 100.00% |
BWYS Group Berhad Competitors by Market Cap
The table below lists competitors of BWYS Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Welspun Investments and Commercials Limited
NSE:WELINV
|
$7.22 Million |
|
CaliberCos Inc. Class A Common Stock
NASDAQ:CWD
|
$7.22 Million |
|
IO Biotech Inc
NASDAQ:IOBT
|
$7.22 Million |
|
Asuransi Kresna Mitra Tbk PT
JK:ASMI
|
$7.22 Million |
|
Inter-M Corporation
KQ:017250
|
$7.21 Million |
|
SSB Bancorp Inc
PINK:SSBP
|
$7.21 Million |
|
Multibax Public Company Limited
BK:MBAX
|
$7.21 Million |
|
Shin Hwa Silup
KO:001770
|
$7.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BWYS Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 155,702,128 to 217,825,535, a change of 62,123,407 (39.9%).
- Net income of 7,676,516 contributed positively to equity growth.
- New share issuances of 56,386,660 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM7.68 Million | +3.52% |
| Share Issuances | RM56.39 Million | +25.89% |
| Other Changes | RM-1.94 Million | -0.89% |
| Total Change | RM- | 39.90% |
Book Value vs Market Value Analysis
This analysis compares BWYS 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: 0.85x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.74x to 0.85x 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 | RM0.10 | RM0.18 | x |
| 2022-12-31 | RM0.12 | RM0.18 | x |
| 2023-12-31 | RM0.15 | RM0.18 | x |
| 2024-12-31 | RM0.21 | RM0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BWYS 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): 3.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.25%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.84x
- Recent ROE (3.52%) is below the historical average (14.51%), 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 | 23.37% | 11.17% | 0.68x | 3.07x | RM14.21 Million |
| 2022 | 19.81% | 9.95% | 0.79x | 2.52x | RM11.64 Million |
| 2023 | 11.34% | 7.17% | 0.73x | 2.17x | RM2.08 Million |
| 2024 | 3.52% | 3.25% | 0.59x | 1.84x | RM-14.11 Million |
Industry Comparison
This section compares BWYS Group Berhad's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $397,346,785
- Average return on equity (ROE) among peers: 5.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BWYS Group Berhad (0313) | RM228.74 Million | 23.37% | 0.90x | $7.21 Million |
| Tashin Holdings Bhd (0211) | $105.52 Million | 3.94% | 0.78x | $3.21 Million |
| LEFORM (0266) | $169.81 Million | 26.25% | 1.30x | $10.26 Million |
| Minox International Group Berhad (0288) | $49.43 Million | 20.85% | 0.61x | $2.85 Million |
| TSA (0297) | $150.04 Million | 26.76% | 0.61x | $3.80 Million |
| Hydropipes Industries Sdn. Bhd. (03060) | $8.17 Million | 0.00% | 0.21x | $697.69 |
| Colform Group Berhad (0341) | $83.84 Million | 16.50% | 0.18x | $594.82 |
| Saliran Group Berhad (0346) | $20.32 Million | 29.30% | 4.29x | $2.86 Million |
| Melewar Industrial Group Bhd (3778) | $322.00 Million | -66.77% | 3.42x | $4.77 Million |
| Lion Industries Corporation Bhd (4235) | $2.67 Billion | -9.56% | 0.60x | $10.02 Million |