Engtex Group Bhd (5056) - Net Assets
Based on the latest financial reports, Engtex Group Bhd (5056) has net assets worth RM860.78 Million MYR (≈ $216.11 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.61 Billion ≈ $403.21 Million USD) and total liabilities (RM745.19 Million ≈ $187.09 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 how tangible is Engtex Group Bhd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM860.78 Million |
| % of Total Assets | 53.6% |
| Annual Growth Rate | 7.95% |
| 5-Year Change | 14.51% |
| 10-Year Change | 66.97% |
| Growth Volatility | 7.9 |
Engtex Group Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Engtex Group Bhd's net assets have evolved over time, based on quarterly financial data. See 5056 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Engtex Group Bhd (2012–2025)
The table below shows the annual net assets of Engtex Group Bhd from 2012 to 2025. For live valuation and market cap data, see market cap of Engtex Group Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM880.90 Million ≈ $221.16 Million |
+4.48% |
| 2024-12-31 | RM843.13 Million ≈ $211.68 Million |
+4.61% |
| 2023-12-31 | RM805.99 Million ≈ $202.36 Million |
+1.27% |
| 2022-12-31 | RM795.86 Million ≈ $199.81 Million |
+3.45% |
| 2021-12-31 | RM769.28 Million ≈ $193.14 Million |
+11.19% |
| 2020-12-31 | RM691.86 Million ≈ $173.70 Million |
+1.72% |
| 2019-12-31 | RM680.15 Million ≈ $170.76 Million |
-0.71% |
| 2018-12-31 | RM685.00 Million ≈ $171.98 Million |
+1.33% |
| 2017-12-31 | RM675.99 Million ≈ $169.72 Million |
+28.13% |
| 2016-12-31 | RM527.59 Million ≈ $132.46 Million |
+9.01% |
| 2015-12-31 | RM484.00 Million ≈ $121.52 Million |
+9.50% |
| 2014-12-31 | RM442.00 Million ≈ $110.97 Million |
+17.24% |
| 2013-12-31 | RM377.00 Million ≈ $94.65 Million |
+15.64% |
| 2012-12-31 | RM326.00 Million ≈ $81.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Engtex Group 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 82.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM566.03 Million | 65.76% |
| Common Stock | RM293.95 Million | 34.15% |
| Other Components | RM801.00K | 0.09% |
| Total Equity | RM860.78 Million | 100.00% |
Engtex Group Bhd Competitors by Market Cap
The table below lists competitors of Engtex Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IMI PLC
LSE:IMI
|
$85.63 Million |
|
MFS High Yield Municipal Closed Fund
NYSE:CMU
|
$85.66 Million |
|
EcoGraf Ltd
F:FMK
|
$85.69 Million |
|
Nuveen California Select Tax Free Income Closed Fund
NYSE:NXC
|
$85.77 Million |
|
KNH Enterprise Co Ltd
TW:9919
|
$85.55 Million |
|
Pelthos Therapeutics Inc.
NYSE MKT:PTHS
|
$85.55 Million |
|
Dwarikesh Sugar Industries Limited
NSE:DWARKESH
|
$85.55 Million |
|
Geodrill Ltd
F:7GD
|
$85.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Engtex Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 823,038,000 to 860,779,000, a change of 37,741,000 (4.6%).
- Net income of 27,624,000 contributed positively to equity growth.
- Dividend payments of 3,966,000 reduced retained earnings.
- Share repurchases of 14,495,000 reduced equity.
- New share issuances of 15,733,000 increased equity.
- Other factors increased equity by 12,845,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM27.62 Million | +3.21% |
| Dividends Paid | RM3.97 Million | -0.46% |
| Share Repurchases | RM14.49 Million | -1.68% |
| Share Issuances | RM15.73 Million | +1.83% |
| Other Changes | RM12.85 Million | +1.49% |
| Total Change | RM- | 4.59% |
Book Value vs Market Value Analysis
This analysis compares Engtex Group 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: 0.39x
- 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 increased from 0.24x to 0.39x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.69 | RM0.41 | x |
| 2017-12-31 | RM1.54 | RM0.41 | x |
| 2018-12-31 | RM1.56 | RM0.41 | x |
| 2019-12-31 | RM1.55 | RM0.41 | x |
| 2020-12-31 | RM1.59 | RM0.41 | x |
| 2021-12-31 | RM1.77 | RM0.41 | x |
| 2022-12-31 | RM1.84 | RM0.41 | x |
| 2023-12-31 | RM1.04 | RM0.41 | x |
| 2024-12-31 | RM1.04 | RM0.41 | x |
| 2025-12-31 | RM1.03 | RM0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Engtex Group 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): 3.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.93%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.87x
- Recent ROE (3.21%) is below the historical average (4.73%), 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 | 8.66% | 3.45% | 1.01x | 2.48x | RM-6.17 Million |
| 2016 | 11.22% | 5.51% | 0.86x | 2.37x | RM6.43 Million |
| 2017 | 8.10% | 4.94% | 0.78x | 2.11x | RM-12.87 Million |
| 2018 | 1.92% | 1.09% | 0.88x | 1.99x | RM-55.31 Million |
| 2019 | -0.13% | -0.08% | 0.87x | 1.90x | RM-68.90 Million |
| 2020 | 2.23% | 1.56% | 0.74x | 1.94x | RM-53.76 Million |
| 2021 | 10.19% | 6.65% | 0.82x | 1.86x | RM1.44 Million |
| 2022 | 4.08% | 2.25% | 0.94x | 1.93x | RM-47.08 Million |
| 2023 | 1.26% | 0.69% | 0.92x | 1.99x | RM-70.47 Million |
| 2024 | 1.26% | 0.71% | 0.94x | 1.90x | RM-71.96 Million |
| 2025 | 3.21% | 1.93% | 0.89x | 1.87x | RM-58.45 Million |
Industry Comparison
This section compares Engtex Group Bhd's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $234,879,790
- Average return on equity (ROE) among peers: 5.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Engtex Group Bhd (5056) | RM860.78 Million | 8.66% | 0.87x | $85.57 Million |
| Nexgram Holdings Bhd (0096) | $113.98 Million | -4.68% | 0.42x | $12.27 Million |
| UNITRAD (0247) | $230.35 Million | 18.76% | 2.82x | $98.26 Million |
| Yew Lee Pacific Group Berhad (0248) | $74.43 Million | 0.38% | 0.07x | $85.24 Million |
| Harrisons Holdings (Malaysia) (5008) | $458.26 Million | 9.38% | 1.13x | $111.75 Million |
| Knusford Bhd (5035) | $226.45 Million | 7.38% | 0.80x | $10.63 Million |
| Turbo Mech Bhd (5167) | $119.01 Million | 1.47% | 0.10x | $11.39 Million |
| DKSH Holdings Malaysia Berhad (5908) | $498.32 Million | 7.39% | 2.65x | $239.48 Million |
| UMS Holdings Bhd (7137) | $158.24 Million | 4.97% | 0.05x | $18.49 Million |
About Engtex Group Bhd
Engtex Group Berhad, together with its subsidiaries, engages in the wholesale and distribution of pipes, valves, fittings, plumbing materials, steel related products, general hardware products, and construction materials in Malaysia. The company operates in four segments: Wholesale and Distribution, Manufacturing, Property Development, and Hospitality. It also manufactures and sells steel and duc… Read more