Kucingko Berhad (0315) - Net Assets
Based on the latest financial reports, Kucingko Berhad (0315) has net assets worth RM48.06 Million MYR (≈ $12.07 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM56.87 Million ≈ $14.28 Million USD) and total liabilities (RM8.80 Million ≈ $2.21 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 0315 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM48.06 Million |
| % of Total Assets | 84.52% |
| Annual Growth Rate | 6.0% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.18 |
Kucingko Berhad - Net Assets Trend (2020–2023)
This chart illustrates how Kucingko Berhad's net assets have evolved over time, based on quarterly financial data. Also explore 0315 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Kucingko Berhad (2020–2023)
The table below shows the annual net assets of Kucingko Berhad from 2020 to 2023. For live valuation and market cap data, see market cap of Kucingko Berhad.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | RM17.94 Million ≈ $4.50 Million |
+13.64% |
| 2022-12-31 | RM15.79 Million ≈ $3.96 Million |
+8.57% |
| 2021-12-31 | RM14.54 Million ≈ $3.65 Million |
-3.48% |
| 2020-12-31 | RM15.06 Million ≈ $3.78 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Kucingko 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 decreased by 6.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM11.33 Million | 63.15% |
| Other Components | RM6.61 Million | 36.85% |
| Total Equity | RM17.94 Million | 100.00% |
Kucingko Berhad Competitors by Market Cap
The table below lists competitors of Kucingko Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Brag House Holdings, Inc. Common Stock
NASDAQ:TBH
|
$8.79 Million |
|
Key ASIC Bhd
KLSE:0143
|
$8.79 Million |
|
Mesa Royalty Trust
NYSE:MTR
|
$8.80 Million |
|
Xstate Resources Ltd
AU:XST
|
$8.80 Million |
|
Cosmos Exploration Ltd
AU:C1X
|
$8.79 Million |
|
Touchwood Entertainment Limited
NSE:TOUCHWOOD
|
$8.79 Million |
|
Gix Internet Ltd
TA:GIX
|
$8.78 Million |
|
Winfarm
PA:ALWF
|
$8.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kucingko Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 15,786,278 to 17,940,201, a change of 2,153,923 (13.6%).
- Net income of 8,358,047 contributed positively to equity growth.
- Dividend payments of 6,204,127 reduced retained earnings.
- New share issuances of 3 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM8.36 Million | +46.59% |
| Dividends Paid | RM6.20 Million | -34.58% |
| Share Issuances | RM3.00 | +0.0% |
| Total Change | RM- | 13.64% |
Book Value vs Market Value Analysis
This analysis compares Kucingko 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: 1.95x
- 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 2.33x to 1.95x 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 | RM0.03 | RM0.07 | x |
| 2021-12-31 | RM0.03 | RM0.07 | x |
| 2022-12-31 | RM0.03 | RM0.07 | x |
| 2023-12-31 | RM0.04 | RM0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kucingko 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): 46.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.68%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.41x
- Recent ROE (46.59%) is above the historical average (41.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 24.47% | 24.66% | 0.71x | 1.39x | RM2.18 Million |
| 2021 | 44.68% | 36.70% | 0.92x | 1.32x | RM5.03 Million |
| 2022 | 50.55% | 33.98% | 1.01x | 1.47x | RM6.40 Million |
| 2023 | 46.59% | 29.68% | 1.11x | 1.41x | RM6.56 Million |
Industry Comparison
This section compares Kucingko Berhad's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $1,135,706,000
- Average return on equity (ROE) among peers: 35.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kucingko Berhad (0315) | RM48.06 Million | 24.47% | 0.18x | $8.79 Million |
| Media Prima Bhd (4502) | $1.46 Billion | -4.05% | 0.47x | $96.08 Million |
| Astro Malaysia Holdings Bhd (6399) | $809.78 Million | 75.84% | 2.46x | $91.84 Million |
About Kucingko Berhad
Kucingko Berhad, together with its subsidiaries, provides animation production services in Malaysia, Canada, Singapore, the United Kingdom, and the United States. It produces animated content, such as films, television shows, and digital media across various platforms, as well as creates, develops, and manages original intellectual properties. The company also offers software and hardware distrib… Read more