Crest Group Berhad
Crest Group Berhad provides imaging, analytical, and test solutions used for quality inspection, sample analysis, research, and development in Malaysia. The company engages in distribution, installation, and commissioning of analytical and imaging equipment, laboratory equipment, scientific equipment, optical and portable imaging equipment, and healthcare and life science related equipment; and p… Read more
Crest Group Berhad (0323) - Net Assets
Latest net assets as of March 2024: RM62.91 Million MYR
Based on the latest financial reports, Crest Group Berhad (0323) has net assets worth RM62.91 Million MYR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM108.87 Million) and total liabilities (RM45.96 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 | RM62.91 Million |
| % of Total Assets | 57.79% |
| Annual Growth Rate | 0.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.62 |
Crest Group Berhad - Net Assets Trend (2020–2023)
This chart illustrates how Crest 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 Crest Group Berhad (2020–2023)
The table below shows the annual net assets of Crest Group Berhad from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | RM60.57 Million | +11.36% |
| 2022-12-31 | RM54.40 Million | -6.14% |
| 2021-12-31 | RM57.95 Million | -3.03% |
| 2020-12-31 | RM59.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Crest 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 3.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM51.24 Million | 89.50% |
| Other Components | RM6.01 Million | 10.50% |
| Total Equity | RM57.25 Million | 100.00% |
Crest Group Berhad Competitors by Market Cap
The table below lists competitors of Crest Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paragon Technologies Inc
PINK:PGNT
|
$7.97 Million |
|
ARGO GRAPHENE SOLUTIONS
F:94Y
|
$7.97 Million |
|
ValOre Metals Corp
OTCQB:KVLQF
|
$7.97 Million |
|
Otto Energy Ltd
AU:OEL
|
$7.98 Million |
|
Eduspec Holdings Bhd
KLSE:0107
|
$7.97 Million |
|
Eumundi Group Ltd
AU:EBG
|
$7.97 Million |
|
Polarean Imaging plc
PINK:PLLWF
|
$7.97 Million |
|
Comvex SA
RO:CMVX
|
$7.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Crest Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 51,055,000 to 57,251,000, a change of 6,196,000 (12.1%).
- Net income of 20,096,000 contributed positively to equity growth.
- Dividend payments of 15,434,000 reduced retained earnings.
- New share issuances of 911,000 increased equity.
- Other factors increased equity by 623,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM20.10 Million | +35.1% |
| Dividends Paid | RM15.43 Million | -26.96% |
| Share Issuances | RM911.00K | +1.59% |
| Other Changes | RM623.00K | +1.09% |
| Total Change | RM- | 12.14% |
Book Value vs Market Value Analysis
This analysis compares Crest 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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Crest 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): 35.10%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.71%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 2.01x
- Recent ROE (35.10%) is above the historical average (32.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 25.21% | 10.85% | 1.24x | 1.88x | RM8.15 Million |
| 2021 | 33.75% | 11.71% | 1.28x | 2.26x | RM12.22 Million |
| 2022 | 35.22% | 10.57% | 1.72x | 1.94x | RM12.88 Million |
| 2023 | 35.10% | 10.71% | 1.63x | 2.01x | RM14.37 Million |
Industry Comparison
This section compares Crest Group Berhad's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $77,852,185
- Average return on equity (ROE) among peers: -1.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Crest Group Berhad (0323) | RM62.91 Million | 25.21% | 0.73x | $7.97 Million |
| Solution Engineering Holdings Bhd (0093) | $73.38 Million | -9.14% | 0.63x | $2.92 Million |
| Amtel Holdings Bhd (7031) | $82.32 Million | 6.29% | 0.22x | $2.85 Million |