Crest Group Berhad (0323) - Net Assets

Latest as of March 2024: RM62.91 Million MYR ≈ $15.79 Million USD

Based on the latest financial reports, Crest Group Berhad (0323) has net assets worth RM62.91 Million MYR (≈ $15.79 Million USD) 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 ≈ $27.33 Million USD) and total liabilities (RM45.96 Million ≈ $11.54 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. Read Crest Group Berhad total liabilities for a breakdown of total debt and financial obligations.

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. Also explore 0323 total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 0323 stock market capitalisation.

Year	Net Assets	Change
2023-12-31	RM60.57 Million ≈ $15.21 Million	+11.36%
2022-12-31	RM54.40 Million ≈ $13.66 Million	-6.14%
2021-12-31	RM57.95 Million ≈ $14.55 Million	-3.03%
2020-12-31	RM59.76 Million ≈ $15.00 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
Prestige Wealth Inc. NASDAQ:AURE	$43.47 Million
Minehub Technologies Inc V:MHUB	$43.47 Million
Haoxi Health Technology Limited Class A Ordinary Shares NASDAQ:HAO	$43.47 Million
Kocom Co. Ltd KQ:015710	$43.47 Million
Cyan AG XETRA:CYR	$43.46 Million
NDL Ventures Limited NSE:NDLVENTURE	$43.45 Million
Ctac N.V AS:CTAC	$43.44 Million
Sino Tactful Co Ltd TWO:5481	$43.41 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: $77,229,505
Average return on equity (ROE) among peers: 2.50%

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	$43.46 Million
Solution Engineering Holdings Bhd (0093)	$72.14 Million	-1.28%	0.15x	$7.90 Million
Amtel Holdings Bhd (7031)	$82.32 Million	6.29%	0.22x	$8.39 Million

About Crest Group Berhad

KLSE:0323 Malaysia Scientific & Technical Instruments

Market Cap

$43.46 Million

RM173.12 Million MYR

Market Cap Rank

#22394 Global

#508 in Malaysia

Share Price

RM0.20

Change (1 day)

-4.76%

52-Week Range

RM0.17 - RM0.30

All Time High

RM0.32