AYS Ventures Bhd (5021) - Net Assets

Latest as of September 2025: RM440.25 Million MYR ≈ $110.53 Million USD

Based on the latest financial reports, AYS Ventures Bhd (5021) has net assets worth RM440.25 Million MYR (≈ $110.53 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 (RM1.06 Billion ≈ $266.92 Million USD) and total liabilities (RM622.89 Million ≈ $156.39 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 AYS Ventures Bhd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets RM440.25 Million
% of Total Assets 41.41%
Annual Growth Rate 6.98%
5-Year Change 61.18%
10-Year Change 108.0%
Growth Volatility 11.66

AYS Ventures Bhd - Net Assets Trend (2013–2025)

This chart illustrates how AYS Ventures Bhd's net assets have evolved over time, based on quarterly financial data. Also explore AYS Ventures Bhd total assets for the complete picture of this company's asset base.

Annual Net Assets for AYS Ventures Bhd (2013–2025)

The table below shows the annual net assets of AYS Ventures Bhd from 2013 to 2025. For live valuation and market cap data, see AYS Ventures Bhd stock valuation.

Year Net Assets Change
2025-03-31 RM447.21 Million
≈ $112.28 Million		 -2.59%
2024-03-31 RM459.12 Million
≈ $115.27 Million		 +3.54%
2023-03-31 RM443.42 Million
≈ $111.33 Million		 +12.25%
2022-03-31 RM395.01 Million
≈ $99.17 Million		 +42.37%
2021-03-31 RM277.46 Million
≈ $69.66 Million		 +7.33%
2020-03-31 RM258.52 Million
≈ $64.91 Million		 -5.49%
2019-03-31 RM273.55 Million
≈ $68.68 Million		 +4.56%
2018-03-31 RM261.61 Million
≈ $65.68 Million		 +10.32%
2017-03-31 RM237.14 Million
≈ $59.54 Million		 +10.29%
2016-03-31 RM215.01 Million
≈ $53.98 Million		 +0.00%
2015-03-31 RM215.00 Million
≈ $53.98 Million		 +3.37%
2014-03-31 RM208.00 Million
≈ $52.22 Million		 +4.52%
2013-03-31 RM199.00 Million
≈ $49.96 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to AYS Ventures 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 1233.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings RM201.13 Million 44.97%
Common Stock RM218.55 Million 48.87%
Other Components RM27.53 Million 6.16%
Total Equity RM447.21 Million 100.00%

AYS Ventures Bhd Competitors by Market Cap

The table below lists competitors of AYS Ventures Bhd ranked by their market capitalization.

Company Market Cap
DAYTHREE DIGITAL BERHAD
KLSE:0281
 $22.60 Million
Microelectronics Technology Inc
TW:2314
 $22.60 Million
Medhelp Care AB
ST:MEDHLP
 $22.60 Million
88 Energy Ltd
AU:88E
 $22.60 Million
Race Eco Chain Limited
NSE:RACE
 $22.58 Million
Indo Acidatama Tbk
JK:SRSN
 $22.58 Million
PLB Engineering Bhd
KLSE:7055
 $22.57 Million
Andalan Perkasa Abadi Tbk PT
JK:NASA
 $22.57 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in AYS Ventures Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 459,119,000 to 447,214,000, a change of -11,905,000 (-2.6%).
  • Net loss of 4,502,000 reduced equity.
  • Dividend payments of 6,277,000 reduced retained earnings.
  • Share repurchases of 490,000 reduced equity.
  • New share issuances of 490,000 increased equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM-4.50 Million -1.01%
Dividends Paid RM6.28 Million -1.4%
Share Repurchases RM490.00K -0.11%
Share Issuances RM490.00K +0.11%
Other Changes RM-1.13 Million -0.25%
Total Change RM- -2.59%

Book Value vs Market Value Analysis

This analysis compares AYS Ventures 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: 0.20x
  • 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 decreased from 0.34x to 0.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-03-31 RM0.62 RM0.22 x
2018-03-31 RM0.69 RM0.22 x
2019-03-31 RM0.72 RM0.22 x
2020-03-31 RM0.68 RM0.22 x
2021-03-31 RM0.73 RM0.22 x
2022-03-31 RM0.94 RM0.22 x
2023-03-31 RM1.06 RM0.22 x
2024-03-31 RM1.10 RM0.22 x
2025-03-31 RM1.07 RM0.22 x

Capital Efficiency Dashboard

This dashboard shows how efficiently AYS Ventures 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): -1.01%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.34%
  • • Asset Turnover: 1.14x
  • • Equity Multiplier: 2.59x
  • Recent ROE (-1.01%) is below the historical average (7.09%), 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 3.85% 1.40% 1.35x 2.04x RM-13.23 Million
2017 11.74% 5.25% 1.24x 1.81x RM4.12 Million
2018 8.98% 4.18% 1.04x 2.07x RM-2.66 Million
2019 5.76% 2.63% 0.91x 2.40x RM-11.61 Million
2020 -4.07% -1.37% 1.01x 2.95x RM-36.38 Million
2021 6.85% 2.52% 1.07x 2.55x RM-8.74 Million
2022 25.68% 9.08% 1.02x 2.77x RM61.93 Million
2023 9.05% 3.05% 1.19x 2.48x RM-4.22 Million
2024 4.10% 1.46% 1.16x 2.43x RM-27.11 Million
2025 -1.01% -0.34% 1.14x 2.59x RM-49.22 Million

Industry Comparison

This section compares AYS Ventures Bhd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $524,509,761
  • Average return on equity (ROE) among peers: -1.18%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
AYS Ventures Bhd (5021) RM440.25 Million 3.85% 1.41x $22.59 Million
Tashin Holdings Bhd (0211) $197.36 Million 4.70% 0.27x $18.40 Million
LEFORM (0266) $551.74 Million -1.32% 2.62x $63.21 Million
Minox International Group Berhad (0288) $35.01 Million 11.96% 1.06x $15.82 Million
TSA (0297) $187.67 Million 8.56% 0.37x $66.78 Million
Melewar Industrial Group Bhd (3778) $241.94 Million -32.33% 2.18x $12.63 Million
Lion Industries Corporation Bhd (4235) $1.39 Billion 5.74% 1.31x $23.93 Million
Hiap Teck Venture Bhd (5072) $807.37 Million -12.75% 0.67x $126.85 Million
Mycron Steel Bhd (5087) $493.44 Million -2.50% 0.44x $21.35 Million
CSC Steel Holdings Bhd (5094) $819.15 Million 7.30% 0.09x $134.44 Million

About AYS Ventures Bhd

KLSE:5021 Malaysia Steel
Market Cap
$22.59 Million
RM89.97 Million MYR
Market Cap Rank
#24742 Global
#661 in Malaysia
Share Price
RM0.22
Change (1 day)
+0.00%
52-Week Range
RM0.19 - RM0.28
All Time High
RM0.83
Categories
Companies in Malaysia Steel
About

AYS Ventures Berhad, an investment holding company, engages in the manufacturing, trading, marketing, and selling of steel products and building materials in Malaysia, Singapore, the Asia-Pacific economic cooperation countries, and internationally. The company operates through Trading and Services, Manufacturing, and Others segments. It is involved in the trading of beams and columns, steel plate… Read more