WTK Holdings Bhd (4243) - Net Assets

Latest as of June 2025: RM702.35 Million MYR ≈ $176.34 Million USD

Based on the latest financial reports, WTK Holdings Bhd (4243) has net assets worth RM702.35 Million MYR (≈ $176.34 Million USD) 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 ≈ $345.33 Million USD) and total liabilities (RM673.11 Million ≈ $168.99 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 asset resilience ratio of WTK Holdings Bhd to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of WTK Holdings Bhd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is WTK Holdings Bhd worth.

Year	Net Assets	Change
2024-12-31	RM739.05 Million ≈ $185.55 Million	-2.80%
2023-12-31	RM760.32 Million ≈ $190.89 Million	-3.92%
2022-12-31	RM791.38 Million ≈ $198.69 Million	-1.27%
2021-12-31	RM801.55 Million ≈ $201.24 Million	-1.93%
2020-12-31	RM817.29 Million ≈ $205.19 Million	-17.08%
2019-12-31	RM985.62 Million ≈ $247.46 Million	-10.76%
2018-12-31	RM1.10 Billion ≈ $277.31 Million	+7.40%
2017-12-31	RM1.03 Billion ≈ $258.21 Million	-24.78%
2016-12-31	RM1.37 Billion ≈ $343.26 Million	-1.85%
2015-12-31	RM1.39 Billion ≈ $349.74 Million	+3.96%
2014-12-31	RM1.34 Billion ≈ $336.43 Million	+5.76%
2013-12-31	RM1.27 Billion ≈ $318.10 Million	+2.59%
2012-12-31	RM1.24 Billion ≈ $310.07 Million	--

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
Big Ridge Gold Corp V:BRAU	$89.87 Million
MPH Health Care AG F:93M1	$89.91 Million
Prizma Pres Matbaacilik Yayincilik Sanayi ve Ticaret AS IS:PRZMA	$89.94 Million
AUGUSTA GOLD DL-0001 F:7RZ	$89.95 Million
Vissem Electronics Co. Ltd KQ:072950	$89.84 Million
Tung Ho Textile Co Ltd TW:1414	$89.83 Million
NS Co. Ltd KQ:217820	$89.76 Million
Naim Holdings Bhd KLSE:5073	$89.76 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: 0.50x
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 0.50x 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	RM0.77	x
2017-12-31	RM2.15	RM0.77	x
2018-12-31	RM2.31	RM0.77	x
2019-12-31	RM2.06	RM0.77	x
2020-12-31	RM1.74	RM0.77	x
2021-12-31	RM1.71	RM0.77	x
2022-12-31	RM1.69	RM0.77	x
2023-12-31	RM1.64	RM0.77	x
2024-12-31	RM1.53	RM0.77	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: $3,606,617,111
Average return on equity (ROE) among peers: 0.27%

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	$89.85 Million
Digistar Corporation Bhd (0029)	$68.61 Million	-8.23%	4.37x	$7.09 Million
Key Alliance Group Bhd (0036)	$88.04 Million	-16.42%	0.25x	$2.31 Million
MSCM Holdings Bhd (0041)	$63.68 Million	-13.57%	0.57x	$7.06 Million
Asdion Bhd (0068)	$11.26 Million	-35.97%	2.52x	$2.56 Million
EA Holdings Bhd (0154)	$107.05 Million	-13.61%	0.15x	$8.10 Million
Sports Toto Berhad (1562)	$613.00 Million	63.78%	1.52x	$426.75 Million
Batu Kawan Bhd (1899)	$7.85 Billion	6.25%	3.06x	$1.99 Billion
Kuala Lumpur Kepong Bhd (2445)	$16.14 Billion	5.17%	0.87x	$5.69 Billion
Hap Seng Consolidated Bhd (3034)	$8.62 Billion	13.49%	1.02x	$1.78 Billion
Berjaya Assets Bhd (3239)	$2.50 Billion	1.80%	0.30x	$192.69 Million

About WTK Holdings Bhd

KLSE:4243 Malaysia Conglomerates

Market Cap

$89.85 Million

RM357.87 Million MYR

Market Cap Rank

#19727 Global

#351 in Malaysia

Share Price

RM0.77

Change (1 day)

-1.29%

52-Week Range

RM0.40 - RM0.86

All Time High

RM1.22