Elridge Energy Holdings Berhad
Elridge Energy Holdings Berhad, an investment holding company, engages in the manufacture and trading of biomass fuel products in Malaysia, Singapore, Indonesia, Japan, and Thailand. It also offers palm kernel shells and wood pellets. The company was founded in 2011 and is headquartered in Kuala Lumpur, Malaysia.
Elridge Energy Holdings Berhad (0318) - Net Assets
Latest net assets as of December 2025: RM232.01 Million MYR
Based on the latest financial reports, Elridge Energy Holdings Berhad (0318) has net assets worth RM232.01 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM364.39 Million) and total liabilities (RM132.38 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 | RM232.01 Million |
| % of Total Assets | 63.67% |
| Annual Growth Rate | 158.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 135.27 |
Elridge Energy Holdings Berhad - Net Assets Trend (2021–2025)
This chart illustrates how Elridge Energy Holdings 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 Elridge Energy Holdings Berhad (2021–2025)
The table below shows the annual net assets of Elridge Energy Holdings Berhad from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM232.01 Million | +32.81% |
| 2024-12-31 | RM174.70 Million | +398.68% |
| 2023-12-31 | RM35.03 Million | +205.50% |
| 2022-12-31 | RM11.47 Million | +121.47% |
| 2021-12-31 | RM5.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elridge Energy Holdings 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 12833048800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM125.91 Million | 54.27% |
| Other Components | RM106.10 Million | 45.73% |
| Total Equity | RM232.01 Million | 100.00% |
Elridge Energy Holdings Berhad Competitors by Market Cap
The table below lists competitors of Elridge Energy Holdings Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wonderla Holidays Limited
NSE:WONDERLA
|
$147.61 Million |
|
Hsinli Chemical Industrial
TWO:4303
|
$147.63 Million |
|
Wecome Pharmaceutical Co Ltd
SHE:300878
|
$147.64 Million |
|
Jouder Precision Industry Kunshan Co Ltd
SHE:300549
|
$147.76 Million |
|
ELLINGTON RESID.MTG SBI
F:73Z
|
$147.55 Million |
|
First Financial Northwest Inc
NASDAQ:FFNW
|
$147.53 Million |
|
Digital Aria Co Ltd
KQ:115450
|
$147.53 Million |
|
Inogen Inc
NASDAQ:INGN
|
$147.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elridge Energy Holdings Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 174,699,106 to 232,010,000, a change of 57,310,894 (32.8%).
- Net income of 57,311,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM57.31 Million | +24.7% |
| Other Changes | RM-106.00 | -0.0% |
| Total Change | RM- | 32.81% |
Book Value vs Market Value Analysis
This analysis compares Elridge Energy Holdings 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: 8.06x
- 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 361.16x to 8.06x 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 | RM0.00 | RM0.94 | x |
| 2022-12-31 | RM0.01 | RM0.94 | x |
| 2023-12-31 | RM0.02 | RM0.94 | x |
| 2024-12-31 | RM0.09 | RM0.94 | x |
| 2025-12-31 | RM0.12 | RM0.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elridge Energy Holdings 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): 24.70%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.27%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 1.57x
- Recent ROE (24.70%) is below the historical average (40.81%), 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 | 33.65% | 1.51% | 1.54x | 14.39x | RM1.22 Million |
| 2022 | 54.85% | 4.35% | 1.61x | 7.85x | RM5.14 Million |
| 2023 | 67.27% | 7.03% | 2.71x | 3.53x | RM20.06 Million |
| 2024 | 23.56% | 10.58% | 1.46x | 1.52x | RM23.70 Million |
| 2025 | 24.70% | 13.27% | 1.19x | 1.57x | RM34.11 Million |
Industry Comparison
This section compares Elridge Energy Holdings Berhad's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $197,258,667
- Average return on equity (ROE) among peers: 4.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elridge Energy Holdings Berhad (0318) | RM232.01 Million | 33.65% | 0.57x | $147.60 Million |
| Sunview Group Bhd (0262) | $91.78 Million | 9.68% | 1.09x | $24.20 Million |
| Cypark Resources Berhad (5184) | $153.00 Million | 16.99% | 2.41x | $41.66 Million |
| Integrated Logistics Bhd (5614) | $347.00 Million | -11.82% | 0.13x | $4.09 Million |