Advance Synergy Bhd (1481) - Net Assets
Based on the latest financial reports, Advance Synergy Bhd (1481) has net assets worth RM343.19 Million MYR (≈ $86.16 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM539.05 Million ≈ $135.34 Million USD) and total liabilities (RM195.86 Million ≈ $49.17 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. Check 1481 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM343.19 Million |
| % of Total Assets | 63.67% |
| Annual Growth Rate | -2.81% |
| 5-Year Change | -24.3% |
| 10-Year Change | -23.35% |
| Growth Volatility | 7.8 |
Advance Synergy Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Advance Synergy Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Advance Synergy Bhd.
Annual Net Assets for Advance Synergy Bhd (2012–2025)
The table below shows the annual net assets of Advance Synergy Bhd from 2012 to 2025. Also explore Advance Synergy Bhd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM343.19 Million ≈ $86.16 Million |
-3.24% |
| 2024-12-31 | RM354.67 Million ≈ $89.05 Million |
-15.68% |
| 2023-12-31 | RM420.64 Million ≈ $105.61 Million |
-14.83% |
| 2022-12-31 | RM493.90 Million ≈ $124.00 Million |
+8.95% |
| 2021-12-31 | RM453.35 Million ≈ $113.82 Million |
+0.14% |
| 2020-12-31 | RM452.72 Million ≈ $113.66 Million |
-6.02% |
| 2019-12-31 | RM481.70 Million ≈ $120.94 Million |
+14.10% |
| 2018-12-31 | RM422.19 Million ≈ $106.00 Million |
-2.47% |
| 2017-12-31 | RM432.86 Million ≈ $108.68 Million |
-3.32% |
| 2016-12-31 | RM447.73 Million ≈ $112.41 Million |
-6.53% |
| 2015-12-31 | RM479.00 Million ≈ $120.26 Million |
-0.21% |
| 2014-12-31 | RM480.00 Million ≈ $120.51 Million |
+1.05% |
| 2013-12-31 | RM475.00 Million ≈ $119.26 Million |
-4.43% |
| 2012-12-31 | RM497.00 Million ≈ $124.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Advance Synergy Bhd'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 decreased by 278.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM461.38 Million | 134.44% |
| Total Equity | RM343.19 Million | 100.00% |
Advance Synergy Bhd Competitors by Market Cap
The table below lists competitors of Advance Synergy Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neptis
WAR:YAN
|
$41.28 Million |
|
Li Cheng Enterprise Co Ltd
TW:4426
|
$41.29 Million |
|
Mind Technology Inc
NASDAQ:MIND
|
$41.30 Million |
|
Accelerate Property Fund Ltd
JSE:APF
|
$41.31 Million |
|
TegoScience Inc
KQ:191420
|
$41.26 Million |
|
BioHarvest Sciences Inc. Common Stock
NASDAQ:BHST
|
$41.26 Million |
|
Havanna Holding SA
BA:HAVA
|
$41.25 Million |
|
Bragg Gaming Group Inc
TO:BRAG
|
$41.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advance Synergy Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 354,667,000 to 343,191,000, a change of -11,476,000 (-3.2%).
- Net loss of 16,010,000 reduced equity.
- Dividend payments of 1,265,000 reduced retained earnings.
- Other factors increased equity by 5,799,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-16.01 Million | -4.67% |
| Dividends Paid | RM1.26 Million | -0.37% |
| Other Changes | RM5.80 Million | +1.69% |
| Total Change | RM- | -3.24% |
Book Value vs Market Value Analysis
This analysis compares Advance Synergy Bhd'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: 0.48x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.11x to 0.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.57 | RM0.07 | x |
| 2017-12-31 | RM0.54 | RM0.07 | x |
| 2018-12-31 | RM0.38 | RM0.07 | x |
| 2019-12-31 | RM0.44 | RM0.07 | x |
| 2020-12-31 | RM0.41 | RM0.07 | x |
| 2021-12-31 | RM0.41 | RM0.07 | x |
| 2022-12-31 | RM0.20 | RM0.07 | x |
| 2023-12-31 | RM0.17 | RM0.07 | x |
| 2024-12-31 | RM0.14 | RM0.07 | x |
| 2025-12-31 | RM0.14 | RM0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advance Synergy Bhd 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): -4.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.70%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.57x
- Recent ROE (-4.67%) is below the historical average (-3.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -0.54% | -0.88% | 0.39x | 1.57x | RM-47.21 Million |
| 2017 | -0.15% | -0.25% | 0.38x | 1.62x | RM-43.95 Million |
| 2018 | -1.16% | -1.73% | 0.39x | 1.72x | RM-47.12 Million |
| 2019 | 15.56% | 27.20% | 0.37x | 1.56x | RM26.77 Million |
| 2020 | -6.77% | -26.12% | 0.17x | 1.57x | RM-75.90 Million |
| 2021 | -2.49% | -9.69% | 0.15x | 1.71x | RM-56.60 Million |
| 2022 | -7.15% | -14.52% | 0.29x | 1.70x | RM-84.68 Million |
| 2023 | -11.73% | -17.16% | 0.38x | 1.78x | RM-91.40 Million |
| 2024 | -16.56% | -21.71% | 0.45x | 1.68x | RM-94.19 Million |
| 2025 | -4.67% | -5.70% | 0.52x | 1.57x | RM-50.33 Million |
Industry Comparison
This section compares Advance Synergy Bhd's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $26,263,790
- Average return on equity (ROE) among peers: -47.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advance Synergy Bhd (1481) | RM343.19 Million | -0.54% | 0.57x | $41.27 Million |
| Parlo Bhd (0022) | $26.26 Million | -47.19% | 0.70x | $4.53 Million |
About Advance Synergy Bhd
Advance Synergy Berhad, an investment holding company, operates in the property development and investment services in Malaysia, Singapore, Africa, the Middle East, Europe, and internationally. It operates through Property Development and Investment, Information and Communications Technology, Travel and Tours, Financial Services, and Others segments. The company's Property development and investm… Read more