Protasco Bhd (5070) - Net Assets
Based on the latest financial reports, Protasco Bhd (5070) has net assets worth RM476.34 Million MYR (≈ $119.59 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 (RM1.10 Billion ≈ $276.39 Million USD) and total liabilities (RM624.53 Million ≈ $156.80 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 Protasco Bhd (5070) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM476.34 Million |
| % of Total Assets | 43.27% |
| Annual Growth Rate | 1.35% |
| 5-Year Change | 50.77% |
| 10-Year Change | 21.3% |
| Growth Volatility | 11.55 |
Protasco Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Protasco Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 5070 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Protasco Bhd (2012–2025)
The table below shows the annual net assets of Protasco Bhd from 2012 to 2025. For live valuation and market cap data, see Protasco Bhd (5070) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM476.34 Million ≈ $119.59 Million |
+24.34% |
| 2024-12-31 | RM383.08 Million ≈ $96.18 Million |
+13.92% |
| 2023-12-31 | RM336.26 Million ≈ $84.42 Million |
+17.19% |
| 2022-12-31 | RM286.92 Million ≈ $72.04 Million |
-9.19% |
| 2021-12-31 | RM315.94 Million ≈ $79.32 Million |
+3.89% |
| 2020-12-31 | RM304.12 Million ≈ $76.35 Million |
-8.01% |
| 2019-12-31 | RM330.61 Million ≈ $83.01 Million |
-0.54% |
| 2018-12-31 | RM332.40 Million ≈ $83.45 Million |
-16.07% |
| 2017-12-31 | RM396.05 Million ≈ $99.44 Million |
+0.86% |
| 2016-12-31 | RM392.68 Million ≈ $98.59 Million |
-4.22% |
| 2015-12-31 | RM410.00 Million ≈ $102.94 Million |
+9.04% |
| 2014-12-31 | RM376.00 Million ≈ $94.40 Million |
-11.74% |
| 2013-12-31 | RM426.00 Million ≈ $106.95 Million |
+6.50% |
| 2012-12-31 | RM400.00 Million ≈ $100.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Protasco 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 18.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM159.29 Million | 40.76% |
| Other Components | RM231.53 Million | 59.24% |
| Total Equity | RM390.82 Million | 100.00% |
Protasco Bhd Competitors by Market Cap
The table below lists competitors of Protasco Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nine Energy Service Inc
NYSE:NINE
|
$25.40 Million |
|
Heavy Minerals Ltd
AU:HVY
|
$25.41 Million |
|
Sparc Technologies Ltd
AU:SPN
|
$25.41 Million |
|
Cogra 48 Société Anonyme
PA:ALCOG
|
$25.41 Million |
|
TeraGo Inc.
TO:TGO
|
$25.39 Million |
|
Shreyans Industries Limited
NSE:SHREYANIND
|
$25.38 Million |
|
Orion Digital Corp.
NASDAQ:ORIO
|
$25.38 Million |
|
Reyna Silver Corp
V:RSLV
|
$25.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Protasco Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 320,760,000 to 390,817,000, a change of 70,057,000 (21.8%).
- Net income of 70,363,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM70.36 Million | +18.0% |
| Other Changes | RM-306.00K | -0.08% |
| Total Change | RM- | 21.84% |
Book Value vs Market Value Analysis
This analysis compares Protasco 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: 0.26x
- 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 |
|---|---|---|---|
| 2016-12-31 | RM0.79 | RM0.21 | x |
| 2017-12-31 | RM0.80 | RM0.21 | x |
| 2018-12-31 | RM0.67 | RM0.21 | x |
| 2019-12-31 | RM0.68 | RM0.21 | x |
| 2020-12-31 | RM0.63 | RM0.21 | x |
| 2021-12-31 | RM0.66 | RM0.21 | x |
| 2022-12-31 | RM0.60 | RM0.21 | x |
| 2023-12-31 | RM0.61 | RM0.21 | x |
| 2024-12-31 | RM0.67 | RM0.21 | x |
| 2025-12-31 | RM0.81 | RM0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Protasco 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): 18.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.00%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 2.82x
- Recent ROE (18.00%) is above the historical average (3.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 17.84% | 5.13% | 1.07x | 3.26x | RM29.43 Million |
| 2016 | 10.79% | 3.82% | 0.80x | 3.54x | RM3.12 Million |
| 2017 | 7.09% | 2.99% | 0.89x | 2.66x | RM-11.54 Million |
| 2018 | -14.47% | -5.32% | 0.89x | 3.04x | RM-81.35 Million |
| 2019 | 1.90% | 0.80% | 0.73x | 3.24x | RM-26.79 Million |
| 2020 | -8.30% | -2.53% | 1.14x | 2.88x | RM-55.64 Million |
| 2021 | 5.28% | 1.50% | 1.23x | 2.87x | RM-14.90 Million |
| 2022 | -10.24% | -3.32% | 1.06x | 2.91x | RM-58.07 Million |
| 2023 | 2.27% | 0.60% | 1.26x | 2.98x | RM-22.70 Million |
| 2024 | 7.91% | 1.99% | 1.34x | 2.98x | RM-6.70 Million |
| 2025 | 18.00% | 5.00% | 1.28x | 2.82x | RM31.28 Million |
Industry Comparison
This section compares Protasco Bhd's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $243,363,997
- Average return on equity (ROE) among peers: -4.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Protasco Bhd (5070) | RM476.34 Million | 17.84% | 1.31x | $25.40 Million |
| PLINTAS (5320) | $243.36 Million | -4.64% | 12.46x | $258.22 Million |
About Protasco Bhd
Protasco Berhad, an investment holding company, provides infrastructure solutions in Malaysia. It operates through nine segments: Maintenance, Construction, Property Development, Engineering and Consultancy Services, Trading and Manufacturing, Clean Energy, Hotel and Hospitality, Asset Management, and Agriventure. The company offers routine maintenance, periodic maintenance, and emergency work se… Read more