Mycron Steel Bhd
Mycron Steel Berhad, an investment holding company, manufactures, trades in, and sells mid-stream steel cold rolled coils and steel tubes in Malaysia. It provides cold rolled coil steel sheets, and steel pipes and tubes. It exports steel related products. The company serves drum manufacturers, galvanizing and roofing industries, steel cable trucking industry, pipe and furniture producers, automot… Read more
Mycron Steel Bhd (5087) - Net Assets
Latest net assets as of September 2025: RM521.94 Million MYR
Based on the latest financial reports, Mycron Steel Bhd (5087) has net assets worth RM521.94 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM733.64 Million) and total liabilities (RM211.70 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM521.94 Million |
| % of Total Assets | 71.14% |
| Annual Growth Rate | 5.69% |
| 5-Year Change | 15.6% |
| 10-Year Change | 54.27% |
| Growth Volatility | 6.57 |
Mycron Steel Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Mycron Steel Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mycron Steel Bhd (2012–2025)
The table below shows the annual net assets of Mycron Steel Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM517.49 Million | +1.01% |
| 2024-06-30 | RM512.29 Million | +3.82% |
| 2023-06-30 | RM493.44 Million | -0.25% |
| 2022-06-30 | RM494.66 Million | +10.50% |
| 2021-06-30 | RM447.66 Million | +16.02% |
| 2020-06-30 | RM385.86 Million | -2.54% |
| 2019-06-30 | RM395.90 Million | +1.10% |
| 2018-06-30 | RM391.57 Million | +4.66% |
| 2017-06-30 | RM374.15 Million | +11.54% |
| 2016-06-30 | RM335.44 Million | +9.62% |
| 2015-06-30 | RM306.00 Million | +18.60% |
| 2014-06-30 | RM258.00 Million | -2.27% |
| 2013-06-30 | RM264.00 Million | +4.76% |
| 2012-06-30 | RM252.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mycron Steel 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 5.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM235.80 Million | 45.57% |
| Common Stock | RM219.42 Million | 42.40% |
| Other Components | RM62.27 Million | 12.03% |
| Total Equity | RM517.49 Million | 100.00% |
Mycron Steel Bhd Competitors by Market Cap
The table below lists competitors of Mycron Steel Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
E-PANGO S.A. EO-1
F:8SA
|
$2.52 Million |
|
QMC Quantum Minerals Corp
PINK:QMCQF
|
$2.52 Million |
|
Paulic Meunerie Sa
PA:ALPAU
|
$2.52 Million |
|
B-52 Capital Public Company Limited
BK:B52
|
$2.52 Million |
|
DGB Group NV
AS:DGB
|
$2.52 Million |
|
NORFOLK SOUTHERN - Dusseldorf Stock Exchang
DU:NFS
|
$2.52 Million |
|
TERADYNE - Dusseldorf Stock Exchang
DU:TEY
|
$2.52 Million |
|
AMERICAN EXPRESS (AEC1.SG)
STU:AEC1
|
$2.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mycron Steel Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 512,289,170 to 517,488,650, a change of 5,199,480 (1.0%).
- Net loss of 1,295,070 reduced equity.
- Other factors increased equity by 6,494,550.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-1.30 Million | -0.25% |
| Other Changes | RM6.49 Million | +1.26% |
| Total Change | RM- | 1.01% |
Book Value vs Market Value Analysis
This analysis compares Mycron Steel 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: 0.15x
- 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 |
|---|---|---|---|
| 2016-06-30 | RM1.19 | RM0.24 | x |
| 2017-06-30 | RM1.32 | RM0.24 | x |
| 2018-06-30 | RM1.38 | RM0.24 | x |
| 2019-06-30 | RM1.21 | RM0.24 | x |
| 2020-06-30 | RM1.18 | RM0.24 | x |
| 2021-06-30 | RM1.37 | RM0.24 | x |
| 2022-06-30 | RM1.51 | RM0.24 | x |
| 2023-06-30 | RM1.51 | RM0.24 | x |
| 2024-06-30 | RM1.57 | RM0.24 | x |
| 2025-06-30 | RM1.58 | RM0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mycron Steel 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): -0.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.18%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.38x
- Recent ROE (-0.25%) is below the historical average (3.81%), 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 | 7.21% | 4.27% | 1.01x | 1.68x | RM-9.37 Million |
| 2017 | 9.29% | 4.78% | 1.09x | 1.79x | RM-2.67 Million |
| 2018 | 4.11% | 2.03% | 1.14x | 1.77x | RM-23.06 Million |
| 2019 | -3.03% | -1.73% | 1.04x | 1.68x | RM-51.58 Million |
| 2020 | -2.74% | -1.77% | 0.94x | 1.64x | RM-49.15 Million |
| 2021 | 12.02% | 7.31% | 1.00x | 1.65x | RM9.05 Million |
| 2022 | 10.66% | 7.07% | 0.88x | 1.72x | RM3.26 Million |
| 2023 | -2.50% | -2.28% | 0.76x | 1.44x | RM-61.68 Million |
| 2024 | 3.31% | 2.12% | 0.98x | 1.60x | RM-34.26 Million |
| 2025 | -0.25% | -0.18% | 1.01x | 1.38x | RM-53.04 Million |
Industry Comparison
This section compares Mycron Steel Bhd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $379,394,660
- Average return on equity (ROE) among peers: 5.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mycron Steel Bhd (5087) | RM521.94 Million | 7.21% | 0.41x | $2.52 Million |
| Tashin Holdings Bhd (0211) | $105.52 Million | 3.94% | 0.78x | $3.14 Million |
| LEFORM (0266) | $169.81 Million | 26.25% | 1.30x | $10.26 Million |
| Minox International Group Berhad (0288) | $49.43 Million | 20.85% | 0.61x | $2.59 Million |
| TSA (0297) | $150.04 Million | 26.76% | 0.61x | $3.80 Million |
| Hydropipes Industries Sdn. Bhd. (03060) | $8.17 Million | 0.00% | 0.21x | $658.12 |
| BWYS Group Berhad (0313) | $217.83 Million | 3.52% | 0.84x | $7.21 Million |
| Colform Group Berhad (0341) | $83.84 Million | 16.50% | 0.18x | $571.81 |
| Saliran Group Berhad (0346) | $20.32 Million | 29.30% | 4.29x | $2.86 Million |
| Melewar Industrial Group Bhd (3778) | $322.00 Million | -66.77% | 3.42x | $5.14 Million |
| Lion Industries Corporation Bhd (4235) | $2.67 Billion | -9.56% | 0.60x | $10.02 Million |