Marco Holdings Bhd
Marco Holdings Berhad, an investment holding company, engages in wholesale and distribution of timepieces, consumer technology, electronic products, and electronic musical instruments in Malaysia. The company imports, exports, and distributes calculators, time pieces, musical keyboards; retails watches, clocks, gifts, and other accessories; and trades time pieces and electronic calculators online… Read more
Marco Holdings Bhd (3514) - Net Assets
Latest net assets as of September 2025: RM197.64 Million MYR
Based on the latest financial reports, Marco Holdings Bhd (3514) has net assets worth RM197.64 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 (RM216.47 Million) and total liabilities (RM18.83 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 | RM197.64 Million |
| % of Total Assets | 91.3% |
| Annual Growth Rate | 5.51% |
| 5-Year Change | -11.08% |
| 10-Year Change | 17.02% |
| Growth Volatility | 10.45 |
Marco Holdings Bhd - Net Assets Trend (2011–2024)
This chart illustrates how Marco Holdings 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 Marco Holdings Bhd (2011–2024)
The table below shows the annual net assets of Marco Holdings Bhd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM190.74 Million | -4.37% |
| 2023-12-31 | RM199.47 Million | -2.85% |
| 2022-12-31 | RM205.32 Million | -11.67% |
| 2021-12-31 | RM232.46 Million | +8.37% |
| 2020-12-31 | RM214.50 Million | +5.67% |
| 2019-12-31 | RM202.99 Million | +6.47% |
| 2018-12-31 | RM190.65 Million | +4.96% |
| 2017-12-31 | RM181.63 Million | +4.74% |
| 2016-12-31 | RM173.41 Million | +6.38% |
| 2015-12-31 | RM163.00 Million | +12.41% |
| 2014-12-31 | RM145.00 Million | +35.51% |
| 2013-12-31 | RM107.00 Million | +7.00% |
| 2012-12-31 | RM100.00 Million | +5.26% |
| 2011-12-31 | RM95.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marco Holdings 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 38.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM58.55 Million | 30.69% |
| Other Components | RM132.20 Million | 69.31% |
| Total Equity | RM190.74 Million | 100.00% |
Marco Holdings Bhd Competitors by Market Cap
The table below lists competitors of Marco Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YesAsia Holdings Limited
PINK:YSASF
|
$8.04 Million |
|
NDL Ventures Limited
NSE:NDLVENTURE
|
$8.04 Million |
|
FFI Holdings Ltd
AU:FFI
|
$8.04 Million |
|
New Tripoli Bancorp Inc
PINK:NTBP
|
$8.04 Million |
|
METALL ZUG N -B- (NDH1.SG)
STU:NDH1
|
$8.04 Million |
|
Synaptogenix Inc
NASDAQ:SNPX
|
$8.04 Million |
|
Lindeman Asia Investment Co. Ltd
KQ:277070
|
$8.03 Million |
|
Top Wealth Group Holding Limited Ordinary Shares
NASDAQ:TWG
|
$8.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marco Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 199,467,874 to 190,741,568, a change of -8,726,306 (-4.4%).
- Net income of 12,359,830 contributed positively to equity growth.
- Dividend payments of 21,086,140 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM12.36 Million | +6.48% |
| Dividends Paid | RM21.09 Million | -11.05% |
| Other Changes | RM4.00 | +0.0% |
| Total Change | RM- | -4.37% |
Book Value vs Market Value Analysis
This analysis compares Marco Holdings 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: 0.55x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.16 | RM0.10 | x |
| 2017-12-31 | RM0.17 | RM0.10 | x |
| 2018-12-31 | RM0.18 | RM0.10 | x |
| 2019-12-31 | RM0.19 | RM0.10 | x |
| 2020-12-31 | RM0.20 | RM0.10 | x |
| 2021-12-31 | RM0.22 | RM0.10 | x |
| 2022-12-31 | RM0.19 | RM0.10 | x |
| 2023-12-31 | RM0.19 | RM0.10 | x |
| 2024-12-31 | RM0.18 | RM0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marco Holdings 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): 6.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.38%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.10x
- Recent ROE (6.48%) is below the historical average (7.89%), 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 | 9.99% | 9.59% | 0.95x | 1.10x | RM-24.36K |
| 2017 | 7.57% | 8.89% | 0.79x | 1.07x | RM-4.41 Million |
| 2018 | 7.23% | 9.11% | 0.74x | 1.07x | RM-5.27 Million |
| 2019 | 7.64% | 10.35% | 0.68x | 1.08x | RM-4.79 Million |
| 2020 | 6.84% | 10.11% | 0.62x | 1.09x | RM-6.77 Million |
| 2021 | 7.72% | 11.60% | 0.62x | 1.08x | RM-5.29 Million |
| 2022 | 9.59% | 11.05% | 0.71x | 1.22x | RM-837.73K |
| 2023 | 7.94% | 9.86% | 0.72x | 1.12x | RM-4.10 Million |
| 2024 | 6.48% | 6.38% | 0.92x | 1.10x | RM-6.71 Million |
Industry Comparison
This section compares Marco Holdings Bhd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $55,437,108
- Average return on equity (ROE) among peers: 7.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marco Holdings Bhd (3514) | RM197.64 Million | 9.99% | 0.10x | $8.04 Million |
| Pineapple Resources Bhd (0006) | $26.14 Million | -2.40% | 0.10x | $1.58 Million |
| Artroniq Berhad (0038) | $34.80 Million | 3.33% | 0.48x | $6.99 Million |
| Vsolar Group Bhd (0066) | $16.61 Million | -9.76% | 0.04x | $1.65 Million |
| YGL Convergence Bhd (0086) | $16.73 Million | -13.68% | 0.14x | $1.54 Million |
| QES Group Bhd (0196) | $117.28 Million | 7.38% | 0.63x | $30.66 Million |
| Radiant Globaltech Bhd (0202) | $23.34 Million | 40.57% | 1.70x | $5.89 Million |
| Aco Group Bhd (0218) | $84.42 Million | 8.37% | 0.79x | $3.11 Million |
| SNS (0259) | $63.10 Million | 37.05% | 2.55x | $46.36 Million |
| Compugates Holdings Bhd (5037) | $116.50 Million | -5.34% | 0.61x | $4.53 Million |