WINSTAR CAPITAL BERHAD
Winstar Capital Berhad, an investment holding company, engages in manufacturing, Fabrication, and selling of aluminium products in Malaysia. The company operates through Aluminium Extrusion; Trading and Distribution of Building Materials; and Solar PV system installation services segment. It offers the conversion of aluminium billets into primary aluminium products, namely extruded aluminium prof… Read more
WINSTAR CAPITAL BERHAD (0336) - Net Assets
Latest net assets as of December 2024: RM98.57 Million MYR
Based on the latest financial reports, WINSTAR CAPITAL BERHAD (0336) has net assets worth RM98.57 Million MYR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM259.12 Million) and total liabilities (RM160.55 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 | RM98.57 Million |
| % of Total Assets | 38.04% |
| Annual Growth Rate | 25.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.03 |
WINSTAR CAPITAL BERHAD - Net Assets Trend (2021–2024)
This chart illustrates how WINSTAR CAPITAL 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 WINSTAR CAPITAL BERHAD (2021–2024)
The table below shows the annual net assets of WINSTAR CAPITAL BERHAD from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM98.57 Million | +35.71% |
| 2023-12-31 | RM72.63 Million | +31.68% |
| 2022-12-31 | RM55.16 Million | +10.55% |
| 2021-12-31 | RM49.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WINSTAR CAPITAL 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 51.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM55.18 Million | 55.98% |
| Other Components | RM43.39 Million | 44.02% |
| Total Equity | RM98.57 Million | 100.00% |
WINSTAR CAPITAL BERHAD Competitors by Market Cap
The table below lists competitors of WINSTAR CAPITAL BERHAD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRPPF
OTCGREY:TRPPF
|
$142.67K |
|
Plastic Omnium
STU:EZM
|
$142.69K |
|
MAXLINEAR-A
BE:JMX
|
$142.80K |
|
JBS N.V.
NYSE:JBS
|
$142.89K |
|
Nuwara Eliya Hotels Co PLC
CM:NEHN0000
|
$142.59K |
|
DNI BETEILIGUNGEN
MU:DN1
|
$142.56K |
|
PFA Invest Kreditobligationer Fund
CO:PFIKRB
|
$142.43K |
|
Regen BioPharma Inc
PINK:RGBP
|
$142.41K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WINSTAR CAPITAL BERHAD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 72,633,341 to 98,570,000, a change of 25,936,659 (35.7%).
- Net income of 7,406,000 contributed positively to equity growth.
- New share issuances of 18,531,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM7.41 Million | +7.51% |
| Share Issuances | RM18.53 Million | +18.8% |
| Other Changes | RM-341.00 | -0.0% |
| Total Change | RM- | 35.71% |
Book Value vs Market Value Analysis
This analysis compares WINSTAR CAPITAL 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: 1.54x
- 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 3.05x to 1.54x 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 | RM0.17 | RM0.53 | x |
| 2022-12-31 | RM0.19 | RM0.53 | x |
| 2023-12-31 | RM0.25 | RM0.53 | x |
| 2024-12-31 | RM0.34 | RM0.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WINSTAR CAPITAL 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): 7.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.64%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.63x
- Recent ROE (7.51%) is below the historical average (8.34%), 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 | 5.26% | 2.92% | 0.75x | 2.39x | RM-2.36 Million |
| 2022 | 9.54% | 4.79% | 0.86x | 2.31x | RM-252.90K |
| 2023 | 11.04% | 5.22% | 0.84x | 2.53x | RM754.08K |
| 2024 | 7.51% | 3.64% | 0.79x | 2.63x | RM-2.45 Million |
Industry Comparison
This section compares WINSTAR CAPITAL BERHAD's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $245,149,330
- Average return on equity (ROE) among peers: 8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WINSTAR CAPITAL BERHAD (0336) | RM98.57 Million | 5.26% | 1.63x | $142.65K |
| Alcom Group Bhd (2674) | $243.27 Million | 6.88% | 0.93x | $5.31 Million |
| A Rank Bhd (7214) | $133.92 Million | 8.32% | 0.47x | $2.96 Million |
| Press Metal Bhd (8869) | $240.55 Million | 8.22% | 2.09x | $6.37 Billion |
| LB Aluminium Bhd (9326) | $362.85 Million | 11.50% | 1.33x | $20.66 Million |