JAKS Resources Bhd (4723) - Net Assets

Latest as of September 2025: RM1.52 Billion MYR ≈ $380.44 Million USD

Based on the latest financial reports, JAKS Resources Bhd (4723) has net assets worth RM1.52 Billion MYR (≈ $380.44 Million USD) 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 ≈ $590.71 Million USD) and total liabilities (RM837.51 Million ≈ $210.27 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 JAKS Resources Bhd (4723) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore 4723 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of JAKS Resources Bhd.

Year	Net Assets	Change
2024-12-31	RM1.47 Billion ≈ $368.97 Million	+3.61%
2023-12-31	RM1.42 Billion ≈ $356.10 Million	+4.70%
2022-12-31	RM1.35 Billion ≈ $340.10 Million	+4.09%
2021-12-31	RM1.30 Billion ≈ $326.75 Million	+15.42%
2020-12-31	RM1.13 Billion ≈ $283.09 Million	+22.58%
2019-12-31	RM919.85 Million ≈ $230.95 Million	+11.87%
2018-12-31	RM822.28 Million ≈ $206.45 Million	+7.61%
2017-12-31	RM764.11 Million ≈ $191.84 Million	+31.16%
2016-12-31	RM582.59 Million ≈ $146.27 Million	-2.25%
2015-12-31	RM596.03 Million ≈ $149.64 Million	+8.59%
2014-12-31	RM548.86 Million ≈ $137.80 Million	+6.68%
2013-12-31	RM514.50 Million ≈ $129.17 Million	+0.29%
2013-10-31	RM513.00 Million ≈ $128.80 Million	+15.77%
2012-12-31	RM443.12 Million ≈ $111.25 Million	+0.46%
2011-12-31	RM441.11 Million ≈ $110.75 Million	-4.97%
2010-12-31	RM464.17 Million ≈ $116.54 Million	+0.63%
2009-12-31	RM461.25 Million ≈ $115.80 Million	-1.37%
2008-12-31	RM467.63 Million ≈ $117.41 Million	+12.31%
2007-12-31	RM416.37 Million ≈ $104.54 Million	+3.04%
2006-12-31	RM404.10 Million ≈ $101.45 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
Thunderbird Entertainment Group Inc V:TBRD	$56.05 Million
Tinka Resources Limited V:TK	$56.08 Million
SGC eTEC E&C Co. Ltd KQ:016250	$56.09 Million
BEST Inc NYSE:BEST	$56.09 Million
Birla Cable Limited NSE:BIRLACABLE	$56.04 Million
ENTERA BIO IS-0000769 F:5DT	$56.04 Million
Ipopema Securities SA WAR:IPE	$56.03 Million
Autopedia Sukses Lestari Tbk PT JK:ASLC	$56.02 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: $80,670,053
Average return on equity (ROE) among peers: 7.19%

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	$56.05 Million
Southern Score Builders Berhad (0045)	$-8.25 Million	0.00%	0.00x	$319.52 Million
Ecobuilt Holdings Bhd (0059)	$40.13 Million	32.06%	0.20x	$5.28 Million
Mega Sun City Holdings Bhd (0081)	$46.69 Million	9.08%	0.06x	$3.72 Million
Waja Konsortium Bhd (0102)	$44.55 Million	-8.34%	0.48x	$12.60 Million
Kelington Group Bhd (0151)	$59.33 Million	8.76%	1.76x	$1.21 Billion
Widad Group Bhd (0162)	$180.69 Million	2.22%	1.27x	$7.84 Million
Pasukhas Group Bhd (0177)	$30.40 Million	2.95%	1.19x	$3.35 Million
HSS Engineers Bhd (0185)	$227.91 Million	1.33%	0.61x	$58.09 Million
Cabnet Holdings Bhd (0191)	$48.42 Million	7.38%	1.76x	$11.00 Million
Inta Bina Group Bhd (0192)	$136.82 Million	16.41%	1.87x	$58.65 Million

About JAKS Resources Bhd

KLSE:4723 Malaysia Engineering & Construction

Market Cap

$56.05 Million

RM223.23 Million MYR

Market Cap Rank

#21479 Global

#458 in Malaysia

Share Price

RM0.09

Change (1 day)

+6.25%

52-Week Range

RM0.08 - RM0.12

All Time High

RM0.99