WTK Holdings Bhd
W T K Holdings Berhad, an investment holding company, operates in the timber industry in Malaysia, Japan, Singapore, Taiwan, Australia, Thailand, and internationally. It operates through five segments: Timber, Plantation, Tapes, Food, and Investment Holding and Others. The company provides oil and gas related services; cultivates, plants, and manages oil palm plantations; manufactures and sells v… Read more
WTK Holdings Bhd (4243) - Net Assets
Latest net assets as of June 2025: RM702.35 Million MYR
Based on the latest financial reports, WTK Holdings Bhd (4243) has net assets worth RM702.35 Million MYR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.38 Billion) and total liabilities (RM673.11 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 | RM702.35 Million |
| % of Total Assets | 51.06% |
| Annual Growth Rate | -4.19% |
| 5-Year Change | -9.57% |
| 10-Year Change | -46.95% |
| Growth Volatility | 9.12 |
WTK Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how WTK 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 WTK Holdings Bhd (2012–2024)
The table below shows the annual net assets of WTK Holdings Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM739.05 Million | -2.80% |
| 2023-12-31 | RM760.32 Million | -3.92% |
| 2022-12-31 | RM791.38 Million | -1.27% |
| 2021-12-31 | RM801.55 Million | -1.93% |
| 2020-12-31 | RM817.29 Million | -17.08% |
| 2019-12-31 | RM985.62 Million | -10.76% |
| 2018-12-31 | RM1.10 Billion | +7.40% |
| 2017-12-31 | RM1.03 Billion | -24.78% |
| 2016-12-31 | RM1.37 Billion | -1.85% |
| 2015-12-31 | RM1.39 Billion | +3.96% |
| 2014-12-31 | RM1.34 Billion | +5.76% |
| 2013-12-31 | RM1.27 Billion | +2.59% |
| 2012-12-31 | RM1.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to WTK 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 decreased by 61.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM410.38 Million | 57.34% |
| Other Components | RM305.26 Million | 42.66% |
| Total Equity | RM715.64 Million | 100.00% |
WTK Holdings Bhd Competitors by Market Cap
The table below lists competitors of WTK Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CLOUDR GROUP LTD.
F:H3L
|
$37.91 Million |
|
Dolat Algotech Limited
NSE:DOLATALGO
|
$37.93 Million |
|
Hong Yi Fiber Industry Co Ltd
TW:1452
|
$37.94 Million |
|
Woorison F&G Co. Ltd
KQ:073560
|
$37.94 Million |
|
RSUPPORT Co. Ltd
KQ:131370
|
$37.90 Million |
|
GPT Healthcare Ltd
NSE:GPTHEALTH
|
$37.86 Million |
|
NatureCell Co.Ltd
KQ:007390
|
$37.82 Million |
|
Nyquest Technology Co Ltd
TWO:6494
|
$37.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WTK Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 766,906,000 to 715,639,000, a change of -51,267,000 (-6.7%).
- Net loss of 43,224,000 reduced equity.
- Dividend payments of 7,221,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-43.22 Million | -6.04% |
| Dividends Paid | RM7.22 Million | -1.01% |
| Other Changes | RM-822.00K | -0.11% |
| Total Change | RM- | -6.68% |
Book Value vs Market Value Analysis
This analysis compares WTK 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: 0.51x
- 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 0.27x to 0.51x 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 | RM2.86 | RM0.78 | x |
| 2017-12-31 | RM2.15 | RM0.78 | x |
| 2018-12-31 | RM2.31 | RM0.78 | x |
| 2019-12-31 | RM2.06 | RM0.78 | x |
| 2020-12-31 | RM1.74 | RM0.78 | x |
| 2021-12-31 | RM1.71 | RM0.78 | x |
| 2022-12-31 | RM1.69 | RM0.78 | x |
| 2023-12-31 | RM1.64 | RM0.78 | x |
| 2024-12-31 | RM1.53 | RM0.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WTK 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): -6.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.43%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.00x
- Recent ROE (-6.04%) is below the historical average (-5.89%), 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 | 0.00% | 0.00% | 0.37x | 1.35x | RM-136.70 Million |
| 2017 | -18.80% | -24.41% | 0.51x | 1.50x | RM-296.23 Million |
| 2018 | 7.35% | 9.95% | 0.55x | 1.34x | RM-29.25 Million |
| 2019 | -11.29% | -18.87% | 0.44x | 1.37x | RM-209.83 Million |
| 2020 | -19.74% | -45.65% | 0.30x | 1.44x | RM-243.06 Million |
| 2021 | -1.30% | -2.63% | 0.35x | 1.41x | RM-90.57 Million |
| 2022 | -0.63% | -1.05% | 0.42x | 1.44x | RM-84.09 Million |
| 2023 | -2.53% | -3.46% | 0.43x | 1.70x | RM-96.11 Million |
| 2024 | -6.04% | -6.43% | 0.47x | 2.00x | RM-114.79 Million |
Industry Comparison
This section compares WTK Holdings Bhd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $2,612,093,375
- Average return on equity (ROE) among peers: -4.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WTK Holdings Bhd (4243) | RM702.35 Million | 0.00% | 0.96x | $37.91 Million |
| Digistar Corporation Bhd (0029) | $64.23 Million | 20.26% | 5.59x | $1.85 Million |
| Key Alliance Group Bhd (0036) | $41.31 Million | -10.37% | 0.81x | $1.39 Million |
| MSCM Holdings Bhd (0041) | $30.95 Million | 18.15% | 0.52x | $1.48 Million |
| Asdion Bhd (0068) | $11.85 Million | -65.79% | 0.48x | $1.33 Million |
| EA Holdings Bhd (0154) | $121.62 Million | -44.30% | 0.11x | $3.07 Million |
| Sports Toto Berhad (1562) | $1.25 Billion | 18.98% | 2.20x | $173.30 Million |
| Batu Kawan Bhd (1899) | $8.87 Billion | 5.88% | 0.60x | $248.59 Million |
| Hap Seng Consolidated Bhd (3034) | $6.42 Billion | 17.20% | 0.90x | $288.24 Million |
| Berjaya Assets Bhd (3239) | $2.01 Billion | -6.15% | 0.63x | $25.63 Million |
| IJM Corporation Bhd (3336) | $7.30 Billion | 5.77% | 1.07x | $1.78 Billion |