Colform Group Berhad
Colform Group Berhad, through its subsidiaries, engages in the manufacturing, processing, and trading of steel products in Malaysia. Its steel products include steel roofing and cladding products, roof structure and truss, insulation, wall system, ceiling system, guardrail, louver, colframe IBS system, roller shutter, floor deck, door and window frame, and Everplast uPVC gutter products. The comp… Read more
Colform Group Berhad (0341) - Net Assets
Latest net assets as of September 2025: RM142.52 Million MYR
Based on the latest financial reports, Colform Group Berhad (0341) has net assets worth RM142.52 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM159.50 Million) and total liabilities (RM16.97 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 | RM142.52 Million |
| % of Total Assets | 89.36% |
| Annual Growth Rate | -3.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.94 |
Colform Group Berhad - Net Assets Trend (2021–2023)
This chart illustrates how Colform 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 Colform Group Berhad (2021–2023)
The table below shows the annual net assets of Colform Group Berhad from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | RM78.21 Million | -13.74% |
| 2022-12-31 | RM90.67 Million | +8.14% |
| 2021-12-31 | RM83.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Colform 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 15.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM77.00 Million | 99.15% |
| Other Components | RM662.50K | 0.85% |
| Total Equity | RM77.66 Million | 100.00% |
Colform Group Berhad Competitors by Market Cap
The table below lists competitors of Colform Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CLYDESTONE (GHANA) LIMITED
GSE:CLYD
|
$571.83 |
|
eChannelling PLC
CM:ECLN0000
|
$571.91 |
|
TMPOS Inc
PINK:TPPM
|
$572.67 |
|
Aquawalk Group Berhad
KLSE:0380
|
$572.78 |
|
Lopez Holdings Corp
PSE:LPZ
|
$571.70 |
|
Bisichi Mining PLC
LSE:BISI
|
$571.59 |
|
MyHealthChecked Plc
LSE:MHC
|
$569.81 |
|
Oneiro Energy PLC
LSE:ONE
|
$568.76 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Colform Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 72,189,053 to 77,663,806, a change of 5,474,753 (7.6%).
- Net income of 12,357,164 contributed positively to equity growth.
- Dividend payments of 20,750,000 reduced retained earnings.
- New share issuances of 1 increased equity.
- Other factors increased equity by 13,867,588.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM12.36 Million | +15.91% |
| Dividends Paid | RM20.75 Million | -26.72% |
| Share Issuances | RM1.00 | +0.0% |
| Other Changes | RM13.87 Million | +17.86% |
| Total Change | RM- | 7.58% |
Book Value vs Market Value Analysis
This analysis compares Colform 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: 2.16x
- 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 2.51x to 2.16x 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 | RM0.11 | RM0.28 | x |
| 2022-12-31 | RM0.12 | RM0.28 | x |
| 2023-12-31 | RM0.13 | RM0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Colform 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): 15.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.35%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.35x
- Recent ROE (15.91%) is above the historical average (14.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 20.68% | 16.19% | 0.86x | 1.48x | RM7.15 Million |
| 2022 | 7.99% | 9.21% | 0.60x | 1.45x | RM-1.45 Million |
| 2023 | 15.91% | 13.35% | 0.88x | 1.35x | RM4.59 Million |
Industry Comparison
This section compares Colform Group Berhad's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $412,234,157
- Average return on equity (ROE) among peers: 3.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Colform Group Berhad (0341) | RM142.52 Million | 20.68% | 0.12x | $571.81 |
| Tashin Holdings Bhd (0211) | $105.52 Million | 3.94% | 0.78x | $3.14 Million |
| LEFORM (0266) | $169.81 Million | 26.25% | 1.30x | $10.26 Million |
| Minox International Group Berhad (0288) | $49.43 Million | 20.85% | 0.61x | $2.59 Million |
| TSA (0297) | $150.04 Million | 26.76% | 0.61x | $3.80 Million |
| Hydropipes Industries Sdn. Bhd. (03060) | $8.17 Million | 0.00% | 0.21x | $658.12 |
| BWYS Group Berhad (0313) | $217.83 Million | 3.52% | 0.84x | $7.21 Million |
| Saliran Group Berhad (0346) | $20.32 Million | 29.30% | 4.29x | $2.86 Million |
| Melewar Industrial Group Bhd (3778) | $322.00 Million | -66.77% | 3.42x | $5.14 Million |
| Lion Industries Corporation Bhd (4235) | $2.67 Billion | -9.56% | 0.60x | $10.02 Million |