YB Ventures Bhd (5048) - Net Assets
Based on the latest financial reports, YB Ventures Bhd (5048) has net assets worth RM177.81 Million MYR (≈ $44.64 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM231.55 Million ≈ $58.13 Million USD) and total liabilities (RM53.73 Million ≈ $13.49 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 YB Ventures Bhd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM177.81 Million |
| % of Total Assets | 76.79% |
| Annual Growth Rate | 0.46% |
| 5-Year Change | -26.48% |
| 10-Year Change | -2.22% |
| Growth Volatility | 16.97 |
YB Ventures Bhd - Net Assets Trend (2012–2024)
This chart illustrates how YB Ventures Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 5048 stock market capitalisation.
Annual Net Assets for YB Ventures Bhd (2012–2024)
The table below shows the annual net assets of YB Ventures Bhd from 2012 to 2024. Also explore 5048 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM208.05 Million ≈ $52.23 Million |
-27.16% |
| 2023-12-31 | RM285.65 Million ≈ $71.72 Million |
-13.12% |
| 2022-12-31 | RM328.78 Million ≈ $82.55 Million |
-5.60% |
| 2021-12-31 | RM348.30 Million ≈ $87.45 Million |
+23.08% |
| 2020-12-31 | RM282.99 Million ≈ $71.05 Million |
+44.23% |
| 2019-12-31 | RM196.21 Million ≈ $49.26 Million |
-2.90% |
| 2018-12-31 | RM202.07 Million ≈ $50.73 Million |
-3.85% |
| 2017-12-31 | RM210.16 Million ≈ $52.76 Million |
-1.13% |
| 2016-12-31 | RM212.55 Million ≈ $53.37 Million |
-0.10% |
| 2015-12-31 | RM212.78 Million ≈ $53.42 Million |
+3.29% |
| 2014-12-31 | RM206.00 Million ≈ $51.72 Million |
+5.10% |
| 2013-12-31 | RM196.00 Million ≈ $49.21 Million |
-0.51% |
| 2012-12-31 | RM197.00 Million ≈ $49.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to YB 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 decreased by 63.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM49.16 Million | 23.63% |
| Common Stock | RM111.15 Million | 53.43% |
| Other Components | RM47.74 Million | 22.95% |
| Total Equity | RM208.05 Million | 100.00% |
YB Ventures Bhd Competitors by Market Cap
The table below lists competitors of YB Ventures Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neola Medical AB
ST:NEOLA
|
$4.40 Million |
|
INTL SCHOOL AUGS.AG NA ON
F:9JK
|
$4.40 Million |
|
Western Yilgarn NL
AU:WYX
|
$4.41 Million |
|
Dunedin Income Growth Investment Trust PLC
LSE:DIG
|
$4.41 Million |
|
WORK Medical Technology Group LTD Ordinary Shares
NASDAQ:WOK
|
$4.40 Million |
|
Manchester and London Investment Trust plc
LSE:MNL
|
$4.39 Million |
|
MT Malcolm Mines NL
AU:M2M
|
$4.38 Million |
|
GB Group plc
LSE:GBG
|
$4.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YB Ventures Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 285,647,930 to 208,051,760, a change of -77,596,170 (-27.2%).
- Net loss of 65,364,040 reduced equity.
- Other factors decreased equity by 12,232,130.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-65.36 Million | -31.42% |
| Other Changes | RM-12.23 Million | -5.88% |
| Total Change | RM- | -27.16% |
Book Value vs Market Value Analysis
This analysis compares YB 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: 0.08x
- 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 |
|---|---|---|---|
| 2015-12-31 | RM0.80 | RM0.06 | x |
| 2016-12-31 | RM0.84 | RM0.06 | x |
| 2017-12-31 | RM0.83 | RM0.06 | x |
| 2018-12-31 | RM0.83 | RM0.06 | x |
| 2019-12-31 | RM0.81 | RM0.06 | x |
| 2020-12-31 | RM1.17 | RM0.06 | x |
| 2021-12-31 | RM1.20 | RM0.06 | x |
| 2022-12-31 | RM1.13 | RM0.06 | x |
| 2023-12-31 | RM0.98 | RM0.06 | x |
| 2024-12-31 | RM0.71 | RM0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YB 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): -31.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -100.77%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.27x
- Recent ROE (-31.42%) is below the historical average (-4.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 4.46% | 6.92% | 0.58x | 1.11x | RM-11.79 Million |
| 2016 | 2.33% | 3.80% | 0.56x | 1.09x | RM-16.31 Million |
| 2017 | -1.39% | -2.61% | 0.49x | 1.09x | RM-23.94 Million |
| 2018 | -1.56% | -2.66% | 0.53x | 1.10x | RM-23.36 Million |
| 2019 | -2.96% | -4.91% | 0.54x | 1.11x | RM-25.42 Million |
| 2020 | 3.59% | 11.10% | 0.28x | 1.14x | RM-18.15 Million |
| 2021 | 2.96% | 7.67% | 0.32x | 1.21x | RM-24.52 Million |
| 2022 | -5.86% | -28.83% | 0.18x | 1.13x | RM-52.14 Million |
| 2023 | -17.33% | -74.77% | 0.19x | 1.20x | RM-78.07 Million |
| 2024 | -31.42% | -100.77% | 0.25x | 1.27x | RM-86.17 Million |
Industry Comparison
This section compares YB Ventures Bhd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $750,841,300
- Average return on equity (ROE) among peers: -2.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| YB Ventures Bhd (5048) | RM177.81 Million | 4.46% | 0.30x | $4.40 Million |
| SC Estate Builder Bhd (0109) | $34.22 Million | -11.65% | 0.23x | $6.07 Million |
| PLYTEC Holding Berhad (0289) | $126.01 Million | 5.13% | 0.85x | $24.35 Million |
| Cahya Mata Sarawak Bhd (2852) | $2.53 Billion | 6.67% | 0.36x | $269.98 Million |
| Johan Holdings Bhd (3441) | $61.30 Million | -30.81% | 14.86x | $7.33 Million |
| Lafarge Malayan Cement Bhd (3794) | $3.12 Billion | 8.19% | 0.28x | $1.91 Billion |
| Hume Industries Berhad (5000) | $24.00 Million | 4.17% | 0.58x | $494.54 Million |
| White Horse Bhd (5009) | $641.98 Million | -9.98% | 0.47x | $27.91 Million |
| Complete Logistic Services Bhd (5136) | $150.99 Million | 7.08% | 0.28x | $594.31 Million |
| Dfcity Group Bhd (5165) | $59.32 Million | 0.60% | 0.44x | $10.20 Million |
About YB Ventures Bhd
YB Ventures Berhad, an investment holding company, manufactures, sells, trades, and distributes wall and floor tiles in Malaysia, Singapore, and internationally. It operates through Manufacturing and Trading, and Others segments. The company offers ceramic, homogeneous, and porcelain tiles used for residential, commercial, and industrial developments under the ALPHA TILES and Talos Living Tiles b… Read more