Comfort Gloves Bhd
Comfort Gloves Berhad, an investment holding company, manufactures and trades in nitrile and latex gloves in Malaysia, the United States, Canada, Asia, Europe, and internationally. It operates through Manufacturing, Investment Holding, Trading, and Others segments. The company also offers specialty and household gloves; and develops and constructs properties. It exports its products. The company … Read more
Comfort Gloves Bhd (2127) - Net Assets
Latest net assets as of October 2025: RM670.97 Million MYR
Based on the latest financial reports, Comfort Gloves Bhd (2127) has net assets worth RM670.97 Million MYR as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM744.10 Million) and total liabilities (RM73.13 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 | RM670.97 Million |
| % of Total Assets | 90.17% |
| Annual Growth Rate | 10.36% |
| 5-Year Change | -28.23% |
| 10-Year Change | 225.55% |
| Growth Volatility | 47.98 |
Comfort Gloves Bhd - Net Assets Trend (2006–2026)
This chart illustrates how Comfort Gloves Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Comfort Gloves Bhd (2006–2026)
The table below shows the annual net assets of Comfort Gloves Bhd from 2006 to 2026.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | RM670.97 Million | -17.55% |
| 2025-01-31 | RM813.81 Million | -6.43% |
| 2024-01-31 | RM869.71 Million | -2.50% |
| 2023-01-31 | RM892.05 Million | -4.59% |
| 2022-01-31 | RM934.95 Million | +60.60% |
| 2021-01-31 | RM582.17 Million | +87.38% |
| 2020-01-31 | RM310.69 Million | +11.82% |
| 2019-01-31 | RM277.86 Million | +13.22% |
| 2018-01-31 | RM245.41 Million | +19.07% |
| 2017-01-31 | RM206.10 Million | +14.03% |
| 2016-01-31 | RM180.74 Million | +89.52% |
| 2015-01-31 | RM95.37 Million | +162.64% |
| 2014-01-31 | RM36.31 Million | -16.54% |
| 2013-01-31 | RM43.51 Million | -47.07% |
| 2012-01-31 | RM82.19 Million | -20.63% |
| 2011-01-31 | RM103.56 Million | +46.89% |
| 2010-01-31 | RM70.50 Million | +8.03% |
| 2009-01-31 | RM65.26 Million | -7.06% |
| 2008-01-31 | RM70.22 Million | -20.01% |
| 2007-01-31 | RM87.78 Million | -6.03% |
| 2006-01-31 | RM93.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Comfort Gloves 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 grown by 51859312000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM493.48 Million | 73.55% |
| Common Stock | RM142.99 Million | 21.31% |
| Other Components | RM34.50 Million | 5.14% |
| Total Equity | RM670.97 Million | 100.00% |
Comfort Gloves Bhd Competitors by Market Cap
The table below lists competitors of Comfort Gloves Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Codere Online Luxembourg S.A. Warrants
NASDAQ:CDROW
|
$9.27 Million |
|
Happy City Holdings Limited Class A Ordinary shares
NASDAQ:HCHL
|
$9.27 Million |
|
MedMira Inc
PINK:MMIRF
|
$9.28 Million |
|
Tractial S.A.
PA:ALTRA
|
$9.28 Million |
|
Panora Gayrimenkul Yatirim Ortakligi AS
IS:PAGYO
|
$9.27 Million |
|
PT Techno9 Indonesia Tbk
JK:NINE
|
$9.26 Million |
|
Compal Broadband Networks Inc
TW:6674
|
$9.26 Million |
|
Vivos Therapeutics Inc
NASDAQ:VVOS
|
$9.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Comfort Gloves Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 813,814,000 to 670,965,000, a change of -142,849,000 (-17.6%).
- Net loss of 142,852,000 reduced equity.
- Other comprehensive income decreased equity by 41,597,256.
- Other factors increased equity by 41,600,256.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-142.85 Million | -21.29% |
| Other Comprehensive Income | RM-41.60 Million | -6.2% |
| Other Changes | RM41.60 Million | +6.2% |
| Total Change | RM- | -17.55% |
Book Value vs Market Value Analysis
This analysis compares Comfort Gloves 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: 0.11x
- 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 decreased from 0.23x to 0.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-01-31 | RM0.54 | RM0.13 | x |
| 2007-01-31 | RM0.51 | RM0.13 | x |
| 2008-01-31 | RM0.41 | RM0.13 | x |
| 2009-01-31 | RM0.38 | RM0.13 | x |
| 2010-01-31 | RM0.41 | RM0.13 | x |
| 2011-01-31 | RM0.69 | RM0.13 | x |
| 2012-01-31 | RM0.28 | RM0.13 | x |
| 2013-01-31 | RM0.10 | RM0.13 | x |
| 2014-01-31 | RM0.12 | RM0.13 | x |
| 2015-01-31 | RM0.22 | RM0.13 | x |
| 2016-01-31 | RM0.38 | RM0.13 | x |
| 2017-01-31 | RM0.36 | RM0.13 | x |
| 2018-01-31 | RM0.40 | RM0.13 | x |
| 2019-01-31 | RM0.48 | RM0.13 | x |
| 2020-01-31 | RM0.54 | RM0.13 | x |
| 2021-01-31 | RM1.00 | RM0.13 | x |
| 2022-01-31 | RM1.61 | RM0.13 | x |
| 2023-01-31 | RM1.54 | RM0.13 | x |
| 2024-01-31 | RM1.50 | RM0.13 | x |
| 2025-01-31 | RM1.40 | RM0.13 | x |
| 2026-01-31 | RM1.16 | RM0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Comfort Gloves 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): -21.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.82%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.11x
- Recent ROE (-21.29%) is below the historical average (-5.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.15% | 0.15% | 0.61x | 1.59x | RM-9.20 Million |
| 2007 | -6.41% | -5.36% | 0.63x | 1.89x | RM-14.41 Million |
| 2008 | -24.87% | -17.22% | 0.68x | 2.14x | RM-24.48 Million |
| 2009 | -7.60% | -3.64% | 0.86x | 2.43x | RM-11.49 Million |
| 2010 | 7.44% | 3.56% | 0.85x | 2.45x | RM-1.81 Million |
| 2011 | -36.66% | -27.21% | 0.70x | 1.92x | RM-48.32 Million |
| 2012 | -26.00% | -18.14% | 0.66x | 2.17x | RM-29.59 Million |
| 2013 | -88.92% | -30.85% | 0.92x | 3.14x | RM-43.04 Million |
| 2014 | -53.06% | -14.30% | 1.24x | 3.00x | RM-22.90 Million |
| 2015 | 4.46% | 2.74% | 1.27x | 1.29x | RM-5.28 Million |
| 2016 | 12.99% | 10.22% | 1.15x | 1.10x | RM5.41 Million |
| 2017 | 12.55% | 9.84% | 1.06x | 1.20x | RM5.26 Million |
| 2018 | 14.63% | 8.52% | 1.37x | 1.25x | RM11.36 Million |
| 2019 | 10.04% | 5.88% | 1.04x | 1.64x | RM109.71K |
| 2020 | 10.68% | 6.50% | 1.06x | 1.55x | RM2.11 Million |
| 2021 | 48.13% | 29.61% | 1.20x | 1.35x | RM222.01 Million |
| 2022 | 45.08% | 30.31% | 1.18x | 1.26x | RM328.02 Million |
| 2023 | -4.74% | -6.97% | 0.61x | 1.11x | RM-131.51 Million |
| 2024 | -4.23% | -11.30% | 0.34x | 1.11x | RM-123.78 Million |
| 2025 | -6.87% | -16.12% | 0.37x | 1.15x | RM-137.27 Million |
| 2026 | -21.29% | -42.82% | 0.45x | 1.11x | RM-209.95 Million |
Industry Comparison
This section compares Comfort Gloves Bhd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $117,399,875
- Average return on equity (ROE) among peers: 6.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Comfort Gloves Bhd (2127) | RM670.97 Million | 0.15% | 0.11x | $9.27 Million |
| Karyon Industries Bhd (0054) | $77.22 Million | 4.62% | 0.20x | $6.87 Million |
| Sersol Bhd (0055) | $16.03 Million | -7.66% | 0.40x | $2.78 Million |
| ES Ceramics Technology Bhd (0100) | $32.96 Million | 16.97% | 0.13x | $8.07 Million |
| Asia Poly Holdings Bhd (0105) | $34.93 Million | 13.19% | 0.90x | $6.67 Million |
| Dpi Holdings Berhad (0205) | $80.83 Million | 14.67% | 0.12x | $2.94 Million |
| Polymer Link Holdings Berhad (0381) | $80.14 Million | 18.72% | 0.81x | $5.49 Million |
| Hexza Corporation Bhd (3298) | $244.22 Million | 6.33% | 0.08x | $19.98 Million |
| Ancom Berhad (4758) | $402.00 Million | -4.98% | 1.42x | $109.07 Million |
| Paos Holdings Bhd (5022) | $88.25 Million | 0.11% | 0.67x | $2.81 Million |