Ornapaper Bhd (5065) - Net Assets
Based on the latest financial reports, Ornapaper Bhd (5065) has net assets worth RM204.05 Million MYR (≈ $51.23 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 (RM347.87 Million ≈ $87.34 Million USD) and total liabilities (RM143.82 Million ≈ $36.11 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. Also explore Ornapaper Bhd (5065) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM204.05 Million |
| % of Total Assets | 58.66% |
| Annual Growth Rate | 4.45% |
| 5-Year Change | 6.56% |
| 10-Year Change | 41.99% |
| Growth Volatility | 2.86 |
Ornapaper Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Ornapaper Bhd's net assets have evolved over time, based on quarterly financial data. Check 5065 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Ornapaper Bhd (2012–2025)
The table below shows the annual net assets of Ornapaper Bhd from 2012 to 2025. For live valuation and market cap data, see 5065 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM202.64 Million ≈ $50.88 Million |
+0.74% |
| 2024-12-31 | RM201.14 Million ≈ $50.50 Million |
+2.11% |
| 2023-12-31 | RM196.99 Million ≈ $49.46 Million |
+3.05% |
| 2022-12-31 | RM191.16 Million ≈ $47.99 Million |
+0.52% |
| 2021-12-31 | RM190.17 Million ≈ $47.74 Million |
+1.41% |
| 2020-12-31 | RM187.53 Million ≈ $47.08 Million |
+6.96% |
| 2019-12-31 | RM175.33 Million ≈ $44.02 Million |
+6.93% |
| 2018-12-31 | RM163.97 Million ≈ $41.17 Million |
+4.84% |
| 2017-12-31 | RM156.40 Million ≈ $39.27 Million |
+9.59% |
| 2016-12-31 | RM142.71 Million ≈ $35.83 Million |
+3.42% |
| 2015-12-31 | RM138.00 Million ≈ $34.65 Million |
+3.76% |
| 2014-12-31 | RM133.00 Million ≈ $33.39 Million |
+8.13% |
| 2013-12-31 | RM123.00 Million ≈ $30.88 Million |
+6.96% |
| 2012-12-31 | RM115.00 Million ≈ $28.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ornapaper 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 105.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM116.77 Million | 57.63% |
| Common Stock | RM86.41 Million | 42.64% |
| Total Equity | RM202.64 Million | 100.00% |
Ornapaper Bhd Competitors by Market Cap
The table below lists competitors of Ornapaper Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Draper Esprit PLC
LSE:GROW
|
$12.20 Million |
|
Cubex Tubings Limited
NSE:CUBEXTUB
|
$12.21 Million |
|
In8bio Inc
NASDAQ:INAB
|
$12.21 Million |
|
SPAR Group Inc
NASDAQ:SGRP
|
$12.22 Million |
|
Quantum Software SA
WAR:QNT
|
$12.17 Million |
|
e-future.Co.Ltd
KQ:134060
|
$12.17 Million |
|
Photonike Capital SA
PA:MLPHO
|
$12.17 Million |
|
Lepidico Ltd
AU:LPD
|
$12.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ornapaper Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 201,141,000 to 202,638,000, a change of 1,497,000 (0.7%).
- Net income of 2,980,000 contributed positively to equity growth.
- Dividend payments of 1,483,000 reduced retained earnings.
- New share issuances of 300,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.98 Million | +1.47% |
| Dividends Paid | RM1.48 Million | -0.73% |
| Share Issuances | RM300.00K | +0.15% |
| Other Changes | RM-300.00K | -0.15% |
| Total Change | RM- | 0.74% |
Book Value vs Market Value Analysis
This analysis compares Ornapaper 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: 0.24x
- 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 0.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.92 | RM0.66 | x |
| 2017-12-31 | RM2.11 | RM0.66 | x |
| 2018-12-31 | RM2.21 | RM0.66 | x |
| 2019-12-31 | RM2.36 | RM0.66 | x |
| 2020-12-31 | RM2.53 | RM0.66 | x |
| 2021-12-31 | RM2.56 | RM0.66 | x |
| 2022-12-31 | RM2.58 | RM0.66 | x |
| 2023-12-31 | RM2.66 | RM0.66 | x |
| 2024-12-31 | RM2.71 | RM0.66 | x |
| 2025-12-31 | RM2.73 | RM0.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ornapaper 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): 1.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.00%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.74x
- Recent ROE (1.47%) is below the historical average (4.79%), 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 | 5.44% | 2.86% | 1.19x | 1.60x | RM-6.50 Million |
| 2017 | 9.93% | 4.70% | 1.22x | 1.73x | RM-103.60K |
| 2018 | 5.75% | 2.70% | 1.26x | 1.69x | RM-6.97 Million |
| 2019 | 7.53% | 3.98% | 1.12x | 1.69x | RM-4.32 Million |
| 2020 | 7.69% | 4.60% | 0.98x | 1.70x | RM-4.33 Million |
| 2021 | 2.66% | 1.60% | 0.99x | 1.69x | RM-13.97 Million |
| 2022 | 1.30% | 0.75% | 1.06x | 1.63x | RM-16.64 Million |
| 2023 | 3.33% | 2.36% | 0.90x | 1.56x | RM-13.13 Million |
| 2024 | 2.80% | 1.90% | 0.85x | 1.73x | RM-14.48 Million |
| 2025 | 1.47% | 1.00% | 0.85x | 1.74x | RM-17.28 Million |
Industry Comparison
This section compares Ornapaper Bhd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $542,610,526
- Average return on equity (ROE) among peers: 15.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ornapaper Bhd (5065) | RM204.05 Million | 5.44% | 0.70x | $12.19 Million |
| HPP Holdings Bhd (0228) | $115.49 Million | 7.29% | 0.27x | $27.32 Million |
| L&P Global Berhad (0268) | $39.70 Million | 36.09% | 0.87x | $18.97 Million |
| DS Sigma Holdings Berhad (0269) | $28.82 Million | 70.51% | 0.85x | $30.13 Million |
| Scientex Bhd (4731) | $3.61 Billion | 12.15% | 0.53x | $1.45 Billion |
| Versatile Creative Bhd (4995) | $87.90 Million | 8.62% | 1.14x | $61.18 Million |
| BP Plastics Holding Bhd (5100) | $263.61 Million | 13.37% | 0.32x | $50.53 Million |
| Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) | $441.46 Million | -6.48% | 1.12x | $27.06 Million |
| Box Pak (Malaysia) Bhd (6297) | $250.17 Million | -5.95% | 1.81x | $6.03 Million |
| Master Pack Group Bhd (7029) | $50.00 Million | 2.00% | 0.58x | $22.63 Million |
About Ornapaper Bhd
Ornapaper Berhad, together with its subsidiaries, engages in the manufacture and sale of corrugated boards and carton boxes for the manufacturing sector in Malaysia, rest of Asia, and the United States. The company offers corrugated carton products, including regular slotted cartons, top and bottom, five panel folder, half slotted carton, full overlap slotted carton, L and H shape, nesting, die-c… Read more