JAKS Resources Bhd
JAKS Resources Berhad, an investment holding company, operates as a general contractor in Malaysia and Vietnam. The company operates through six segments: Manufacturing, Trading, Construction, Property Investment, Power Energy, and Others. It is engaged in manufacturing of pipes; trading of sheet piles, steel bars, mild steel and special pipes, other steel related products, and building materials… Read more
JAKS Resources Bhd (4723) - Net Assets
Latest net assets as of September 2025: RM1.52 Billion MYR
Based on the latest financial reports, JAKS Resources Bhd (4723) has net assets worth RM1.52 Billion MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.35 Billion) and total liabilities (RM837.51 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 | RM1.52 Billion |
| % of Total Assets | 64.4% |
| Annual Growth Rate | 7.44% |
| 5-Year Change | 30.34% |
| 10-Year Change | 146.57% |
| Growth Volatility | 8.87 |
JAKS Resources Bhd - Net Assets Trend (2006–2024)
This chart illustrates how JAKS Resources 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 JAKS Resources Bhd (2006–2024)
The table below shows the annual net assets of JAKS Resources Bhd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM1.47 Billion | +3.61% |
| 2023-12-31 | RM1.42 Billion | +4.70% |
| 2022-12-31 | RM1.35 Billion | +4.09% |
| 2021-12-31 | RM1.30 Billion | +15.42% |
| 2020-12-31 | RM1.13 Billion | +22.58% |
| 2019-12-31 | RM919.85 Million | +11.87% |
| 2018-12-31 | RM822.28 Million | +7.61% |
| 2017-12-31 | RM764.11 Million | +31.16% |
| 2016-12-31 | RM582.59 Million | -2.25% |
| 2015-12-31 | RM596.03 Million | +8.59% |
| 2014-12-31 | RM548.86 Million | +6.68% |
| 2013-12-31 | RM514.50 Million | +0.29% |
| 2013-10-31 | RM513.00 Million | +15.77% |
| 2012-12-31 | RM443.12 Million | +0.46% |
| 2011-12-31 | RM441.11 Million | -4.97% |
| 2010-12-31 | RM464.17 Million | +0.63% |
| 2009-12-31 | RM461.25 Million | -1.37% |
| 2008-12-31 | RM467.63 Million | +12.31% |
| 2007-12-31 | RM416.37 Million | +3.04% |
| 2006-12-31 | RM404.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to JAKS Resources 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 56076.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM391.55 Million | 25.25% |
| Common Stock | RM1.15 Billion | 74.48% |
| Other Components | RM4.23 Million | 0.27% |
| Total Equity | RM1.55 Billion | 100.00% |
JAKS Resources Bhd Competitors by Market Cap
The table below lists competitors of JAKS Resources Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Summit Securities Limited
NSE:SUMMITSEC
|
$36.97 Million |
|
CENIT Aktiengesellschaft
XETRA:CSH
|
$36.99 Million |
|
BIMobject AB
ST:BIM
|
$36.99 Million |
|
Exasol AG
XETRA:EXL
|
$37.00 Million |
|
REGIONAL EXPRESS HLDGS
F:R4L
|
$36.96 Million |
|
Bever Holding NV
AS:BEVER
|
$36.96 Million |
|
Foodnamoo. Inc
KQ:290720
|
$36.93 Million |
|
NDFOS Co. Ltd
KQ:238090
|
$36.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JAKS Resources Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,479,860,806 to 1,550,730,000, a change of 70,869,194 (4.8%).
- Net income of 57,117,139 contributed positively to equity growth.
- New share issuances of 29,845,325 increased equity.
- Other comprehensive income decreased equity by 5,412,347.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM57.12 Million | +3.68% |
| Share Issuances | RM29.85 Million | +1.92% |
| Other Comprehensive Income | RM-5.41 Million | -0.35% |
| Other Changes | RM-10.68 Million | -0.69% |
| Total Change | RM- | 4.79% |
Book Value vs Market Value Analysis
This analysis compares JAKS Resources 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: 0.14x
- 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 |
|---|---|---|---|
| 2006-12-31 | RM0.54 | RM0.09 | x |
| 2007-12-31 | RM0.56 | RM0.09 | x |
| 2008-12-31 | RM0.58 | RM0.09 | x |
| 2009-12-31 | RM0.56 | RM0.09 | x |
| 2010-12-31 | RM0.56 | RM0.09 | x |
| 2011-12-31 | RM0.53 | RM0.09 | x |
| 2012-12-31 | RM0.54 | RM0.09 | x |
| 2013-12-31 | RM0.55 | RM0.09 | x |
| 2014-12-31 | RM0.56 | RM0.09 | x |
| 2015-12-31 | RM0.62 | RM0.09 | x |
| 2016-12-31 | RM0.62 | RM0.09 | x |
| 2017-12-31 | RM0.79 | RM0.09 | x |
| 2018-12-31 | RM0.83 | RM0.09 | x |
| 2019-12-31 | RM0.83 | RM0.09 | x |
| 2020-12-31 | RM1.46 | RM0.09 | x |
| 2021-12-31 | RM0.71 | RM0.09 | x |
| 2022-12-31 | RM0.69 | RM0.09 | x |
| 2023-12-31 | RM0.66 | RM0.09 | x |
| 2024-12-31 | RM0.62 | RM0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JAKS Resources 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): 3.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 112.28%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.53x
- Recent ROE (3.68%) is above the historical average (2.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 1.50% | 2.04% | 0.52x | 1.42x | RM-33.94 Million |
| 2007 | 3.02% | 4.40% | 0.51x | 1.36x | RM-28.74 Million |
| 2008 | 0.62% | 1.24% | 0.38x | 1.32x | RM-43.39 Million |
| 2009 | 1.48% | 2.43% | 0.48x | 1.28x | RM-38.85 Million |
| 2010 | 0.50% | 0.89% | 0.40x | 1.40x | RM-43.55 Million |
| 2011 | 5.26% | 7.01% | 0.51x | 1.46x | RM-20.64 Million |
| 2012 | 0.63% | 0.73% | 0.44x | 1.95x | RM-41.06 Million |
| 2013 | 1.68% | 1.28% | 0.46x | 2.83x | RM-37.06 Million |
| 2014 | 3.05% | 2.86% | 0.34x | 3.14x | RM-31.94 Million |
| 2015 | 8.28% | 8.99% | 0.31x | 2.96x | RM-8.64 Million |
| 2016 | 0.16% | 0.13% | 0.41x | 3.02x | RM-49.69 Million |
| 2017 | 18.14% | 18.49% | 0.33x | 3.00x | RM56.83 Million |
| 2018 | 1.88% | 2.33% | 0.29x | 2.74x | RM-66.47 Million |
| 2019 | 4.69% | 4.36% | 0.47x | 2.30x | RM-51.91 Million |
| 2020 | -11.23% | -51.20% | 0.12x | 1.86x | RM-242.90 Million |
| 2021 | 2.22% | 27.51% | 0.05x | 1.63x | RM-104.33 Million |
| 2022 | 2.59% | 38.58% | 0.04x | 1.69x | RM-104.60 Million |
| 2023 | 1.13% | 42.33% | 0.02x | 1.63x | RM-131.24 Million |
| 2024 | 3.68% | 112.28% | 0.02x | 1.53x | RM-97.96 Million |
Industry Comparison
This section compares JAKS Resources Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JAKS Resources Bhd (4723) | RM1.52 Billion | 1.50% | 0.55x | $36.97 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |