Northeast Group Berhad
Northeast Group Berhad, an investment holding company, manufactures and sells precision engineering components in Malaysia, the United States, the United Kingdom, Thailand, Singapore, Canada, Germany, Hungary, Australia, China, Japan, and Poland. The company offers precision engineering works, including custom process engineering and design, precision machining, surface finishing, mechanical sub-… Read more
Northeast Group Berhad (0325) - Net Assets
Latest net assets as of December 2025: RM266.29 Million MYR
Based on the latest financial reports, Northeast Group Berhad (0325) has net assets worth RM266.29 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 (RM303.61 Million) and total liabilities (RM37.31 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 | RM266.29 Million |
| % of Total Assets | 87.71% |
| Annual Growth Rate | 27.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 25.63 |
Northeast Group Berhad - Net Assets Trend (2022–2025)
This chart illustrates how Northeast 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 Northeast Group Berhad (2022–2025)
The table below shows the annual net assets of Northeast Group Berhad from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RM259.11 Million | +65.58% |
| 2024-09-30 | RM156.49 Million | +9.63% |
| 2023-09-30 | RM142.74 Million | +12.94% |
| 2022-09-30 | RM126.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Northeast 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 41.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM173.83 Million | 67.09% |
| Other Components | RM85.28 Million | 32.91% |
| Total Equity | RM259.11 Million | 100.00% |
Northeast Group Berhad Competitors by Market Cap
The table below lists competitors of Northeast Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yi Shin Textile Industrial Co
TW:4440
|
$25.41 Million |
|
City Auto Corp
VN:CTF
|
$25.41 Million |
|
BEIJING ENTERPRIS.ENV.GR.
F:BJG
|
$25.41 Million |
|
NFC Indonesia PT Tbk
JK:NFCX
|
$25.42 Million |
|
Community Bancorp of Santa Maria
OTCQX:CYSM
|
$25.37 Million |
|
Avadh Sugar & Energy Limited
NSE:AVADHSUGAR
|
$25.36 Million |
|
Duck Yang Ind
KO:024900
|
$25.35 Million |
|
Ascelia Pharma AB (publ)
ST:ACE
|
$25.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northeast Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 156,487,735 to 259,108,000, a change of 102,620,265 (65.6%).
- Net income of 20,539,079 contributed positively to equity growth.
- New share issuances of 84,494,500 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM20.54 Million | +7.93% |
| Share Issuances | RM84.49 Million | +32.61% |
| Other Changes | RM-2.41 Million | -0.93% |
| Total Change | RM- | 65.58% |
Book Value vs Market Value Analysis
This analysis compares Northeast 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: 1.69x
- 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 3.45x to 1.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | RM0.17 | RM0.59 | x |
| 2023-09-30 | RM0.19 | RM0.59 | x |
| 2024-09-30 | RM0.21 | RM0.59 | x |
| 2025-09-30 | RM0.35 | RM0.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northeast 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): 7.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.17%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.14x
- Recent ROE (7.93%) is below the historical average (14.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 30.12% | 26.34% | 0.84x | 1.36x | RM25.43 Million |
| 2023 | 12.86% | 19.67% | 0.49x | 1.35x | RM4.09 Million |
| 2024 | 8.78% | 15.25% | 0.44x | 1.32x | RM-1.91 Million |
| 2025 | 7.93% | 17.17% | 0.41x | 1.14x | RM-5.37 Million |
Industry Comparison
This section compares Northeast Group Berhad's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $260,003,517
- Average return on equity (ROE) among peers: 2.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northeast Group Berhad (0325) | RM266.29 Million | 30.12% | 0.14x | $25.41 Million |
| Scope Industries Bhd (0028) | $161.97 Million | -22.56% | 0.12x | $9.06 Million |
| Notion Vtec Bhd (0083) | $415.95 Million | -1.88% | 0.33x | $27.81 Million |
| K-One Technology Bhd (0111) | $107.39 Million | 5.27% | 0.14x | $12.36 Million |
| JHM Consolidation Bhd (0127) | $124.25 Million | 23.86% | 0.46x | $20.36 Million |
| NationGate Holdings Berhad (0270) | $229.05 Million | 37.23% | 2.33x | $137.28 Million |
| GUH Holdings Bhd (3247) | $468.54 Million | -3.44% | 0.27x | $7.42 Million |
| Cape EMS Berhad (5311) | $455.16 Million | 9.75% | 0.70x | $36.05 Million |
| CPE Technology Berhad (5317) | $328.16 Million | 7.15% | 0.08x | $25.76 Million |
| PNE PCB Bhd (6637) | $49.56 Million | -32.04% | 0.85x | $2.21 Million |