Comfort Gloves Bhd (2127) - Net Assets

Latest as of October 2025: RM670.97 Million MYR ≈ $168.46 Million USD

Based on the latest financial reports, Comfort Gloves Bhd (2127) has net assets worth RM670.97 Million MYR (≈ $168.46 Million USD) 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 ≈ $186.82 Million USD) and total liabilities (RM73.13 Million ≈ $18.36 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 Comfort Gloves Bhd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 2127 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Comfort Gloves Bhd.

Year	Net Assets	Change
2026-01-31	RM670.97 Million ≈ $168.46 Million	-17.55%
2025-01-31	RM813.81 Million ≈ $204.32 Million	-6.43%
2024-01-31	RM869.71 Million ≈ $218.35 Million	-2.50%
2023-01-31	RM892.05 Million ≈ $223.96 Million	-4.59%
2022-01-31	RM934.95 Million ≈ $234.73 Million	+60.60%
2021-01-31	RM582.17 Million ≈ $146.16 Million	+87.38%
2020-01-31	RM310.69 Million ≈ $78.00 Million	+11.82%
2019-01-31	RM277.86 Million ≈ $69.76 Million	+13.22%
2018-01-31	RM245.41 Million ≈ $61.61 Million	+19.07%
2017-01-31	RM206.10 Million ≈ $51.75 Million	+14.03%
2016-01-31	RM180.74 Million ≈ $45.38 Million	+89.52%
2015-01-31	RM95.37 Million ≈ $23.94 Million	+162.64%
2014-01-31	RM36.31 Million ≈ $9.12 Million	-16.54%
2013-01-31	RM43.51 Million ≈ $10.92 Million	-47.07%
2012-01-31	RM82.19 Million ≈ $20.64 Million	-20.63%
2011-01-31	RM103.56 Million ≈ $26.00 Million	+46.89%
2010-01-31	RM70.50 Million ≈ $17.70 Million	+8.03%
2009-01-31	RM65.26 Million ≈ $16.38 Million	-7.06%
2008-01-31	RM70.22 Million ≈ $17.63 Million	-20.01%
2007-01-31	RM87.78 Million ≈ $22.04 Million	-6.03%
2006-01-31	RM93.41 Million ≈ $23.45 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
A.S. Création Tapeten AG F:ACWN	$21.08 Million
SM Wirtschaftsberatungs AG XETRA:SMWN	$21.09 Million
Sinaran Advance Group Bhd KLSE:5172	$21.11 Million
The Brand House Collective, Inc. NASDAQ:TBHC	$21.11 Million
Orcay Ortakoy Cay Sanayi & Ticaret AS IS:ORCAY	$21.07 Million
B&M European Value Retail SA LSE:BME	$21.06 Million
PN Poong Nyun Co. Ltd KQ:024940	$21.05 Million
MV Oil Trust NYSE:MVO	$21.05 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: 0.13x
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 0.27x to 0.13x 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	RM0.15	x
2007-01-31	RM0.51	RM0.15	x
2008-01-31	RM0.41	RM0.15	x
2009-01-31	RM0.38	RM0.15	x
2010-01-31	RM0.41	RM0.15	x
2011-01-31	RM0.69	RM0.15	x
2012-01-31	RM0.28	RM0.15	x
2013-01-31	RM0.10	RM0.15	x
2014-01-31	RM0.12	RM0.15	x
2015-01-31	RM0.22	RM0.15	x
2016-01-31	RM0.38	RM0.15	x
2017-01-31	RM0.36	RM0.15	x
2018-01-31	RM0.40	RM0.15	x
2019-01-31	RM0.48	RM0.15	x
2020-01-31	RM0.54	RM0.15	x
2021-01-31	RM1.00	RM0.15	x
2022-01-31	RM1.61	RM0.15	x
2023-01-31	RM1.54	RM0.15	x
2024-01-31	RM1.50	RM0.15	x
2025-01-31	RM1.40	RM0.15	x
2026-01-31	RM1.16	RM0.15	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: $203,816,021
Average return on equity (ROE) among peers: -1.09%

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	$21.08 Million
Karyon Industries Bhd (0054)	$47.16 Million	11.72%	0.23x	$16.72 Million
Sersol Bhd (0055)	$22.15 Million	-57.28%	0.21x	$7.07 Million
ES Ceramics Technology Bhd (0100)	$185.22 Million	0.32%	0.74x	$20.42 Million
Asia Poly Holdings Bhd (0105)	$79.12 Million	-5.84%	0.32x	$18.53 Million
Dpi Holdings Berhad (0205)	$90.43 Million	2.88%	0.44x	$19.25 Million
Hexza Corporation Bhd (3298)	$281.05 Million	3.62%	0.07x	$46.46 Million
Ancom Berhad (4758)	$421.00 Million	2.38%	1.11x	$243.71 Million
Paos Holdings Bhd (5022)	$88.16 Million	-0.05%	0.51x	$11.37 Million
Hartalega Holdings Bhd (5168)	$620.06 Million	32.48%	0.22x	$959.79 Million

About Comfort Gloves Bhd

KLSE:2127 Malaysia Specialty Chemicals

Market Cap

$21.08 Million

RM83.95 Million MYR

Market Cap Rank

#24877 Global

#681 in Malaysia

Share Price

RM0.15

Change (1 day)

-3.33%

52-Week Range

RM0.12 - RM0.35

All Time High

RM6.46