Stella Holdings Bhd
Varia Berhad, an investment holding company, engages in the construction and property investment businesses in Malaysia. The company is involved in the construction of civil and structural, mechanical and electrical works, and project management businesses; and construction of roads and other construction activities. It operates as a contractor for various civil and structural, mechanical, and el… Read more
Stella Holdings Bhd (5006) - Net Assets
Latest net assets as of June 2024: RM387.79 Million MYR
Based on the latest financial reports, Stella Holdings Bhd (5006) has net assets worth RM387.79 Million MYR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM650.68 Million) and total liabilities (RM262.89 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 | RM387.79 Million |
| % of Total Assets | 59.6% |
| Annual Growth Rate | -3.34% |
| 5-Year Change | -19.25% |
| 10-Year Change | -35.04% |
| Growth Volatility | 11.53 |
Stella Holdings Bhd - Net Assets Trend (2013–2023)
This chart illustrates how Stella 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 Stella Holdings Bhd (2013–2023)
The table below shows the annual net assets of Stella Holdings Bhd from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | RM37.03 Million | -28.93% |
| 2022-03-31 | RM52.10 Million | +4.13% |
| 2021-03-31 | RM50.04 Million | +2.76% |
| 2020-03-31 | RM48.70 Million | +6.19% |
| 2019-03-31 | RM45.86 Million | -9.99% |
| 2018-03-31 | RM50.94 Million | -16.37% |
| 2017-03-31 | RM60.92 Million | +2.74% |
| 2016-03-31 | RM59.29 Million | -1.18% |
| 2015-03-31 | RM60.00 Million | +5.26% |
| 2014-03-31 | RM57.00 Million | +9.62% |
| 2013-03-31 | RM52.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stella 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 2073363000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM5.32 Million | 14.35% |
| Common Stock | RM31.71 Million | 85.65% |
| Total Equity | RM37.03 Million | 100.00% |
Stella Holdings Bhd Competitors by Market Cap
The table below lists competitors of Stella Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cyngn Inc
NASDAQ:CYN
|
$12.76 Million |
|
ALT Telecom Public Company Limited
BK:ALT
|
$12.78 Million |
|
Asahimas Flat Glass Tbk
JK:AMFG
|
$12.78 Million |
|
Thaire Life Assurance Public Company Limited
BK:THREL
|
$12.78 Million |
|
Mostostal Warszawa S.A.
WAR:MSW
|
$12.75 Million |
|
Nagarjuna Fertilizers and Chemicals Limited
NSE:NAGAFERT
|
$12.75 Million |
|
HANBIT SOFT Inc
KQ:047080
|
$12.75 Million |
|
Salem Media Group Inc
OTCQX:SALM
|
$12.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stella Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 52,103,700 to 37,028,000, a change of -15,075,700 (-28.9%).
- Net loss of 14,391,850 reduced equity.
- Dividend payments of 1,675,000 reduced retained earnings.
- Other factors increased equity by 991,150.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-14.39 Million | -38.87% |
| Dividends Paid | RM1.68 Million | -4.52% |
| Other Changes | RM991.15K | +2.68% |
| Total Change | RM- | -28.93% |
Book Value vs Market Value Analysis
This analysis compares Stella 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: 1.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.01x to 1.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.91 | RM0.92 | x |
| 2018-03-31 | RM0.76 | RM0.92 | x |
| 2019-03-31 | RM0.68 | RM0.92 | x |
| 2020-03-31 | RM0.73 | RM0.92 | x |
| 2021-03-31 | RM0.75 | RM0.92 | x |
| 2022-03-31 | RM0.78 | RM0.92 | x |
| 2023-03-31 | RM0.55 | RM0.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stella 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): -38.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49.03%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.89x
- Recent ROE (-38.87%) is below the historical average (-5.77%), 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 | 2.21% | 1.11% | 0.99x | 2.01x | RM-4.62 Million |
| 2017 | 2.66% | 1.85% | 0.93x | 1.55x | RM-4.47 Million |
| 2018 | -19.58% | -40.52% | 0.31x | 1.54x | RM-15.07 Million |
| 2019 | -10.93% | -9.18% | 0.73x | 1.63x | RM-9.60 Million |
| 2020 | 5.83% | 3.94% | 0.88x | 1.69x | RM-2.03 Million |
| 2021 | 6.03% | 4.99% | 0.61x | 1.98x | RM-1.99 Million |
| 2022 | 6.49% | 6.51% | 0.43x | 2.30x | RM-1.83 Million |
| 2023 | -38.87% | -49.03% | 0.42x | 1.89x | RM-18.09 Million |
Industry Comparison
This section compares Stella Holdings 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 |
|---|---|---|---|---|
| Stella Holdings Bhd (5006) | RM387.79 Million | 2.21% | 0.68x | $12.75 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 |