Apex Equity Holdings Bhd (5088) - Net Assets
Based on the latest financial reports, Apex Equity Holdings Bhd (5088) has net assets worth RM392.44 Million MYR (≈ $98.53 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM530.33 Million ≈ $133.15 Million USD) and total liabilities (RM137.89 Million ≈ $34.62 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 asset resilience ratio of Apex Equity Holdings Bhd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM392.44 Million |
| % of Total Assets | 74.0% |
| Annual Growth Rate | 3.23% |
| 5-Year Change | 22.47% |
| 10-Year Change | 36.76% |
| Growth Volatility | 5.57 |
Apex Equity Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Apex Equity Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Apex Equity Holdings Bhd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Apex Equity Holdings Bhd (2012–2024)
The table below shows the annual net assets of Apex Equity Holdings Bhd from 2012 to 2024. For live valuation and market cap data, see market cap of Apex Equity Holdings Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM391.13 Million ≈ $98.20 Million |
+18.99% |
| 2023-12-31 | RM328.71 Million ≈ $82.53 Million |
+2.35% |
| 2022-12-31 | RM321.18 Million ≈ $80.64 Million |
-4.06% |
| 2021-12-31 | RM334.76 Million ≈ $84.05 Million |
+4.82% |
| 2020-12-31 | RM319.37 Million ≈ $80.18 Million |
+5.70% |
| 2019-12-31 | RM302.15 Million ≈ $75.86 Million |
+0.65% |
| 2018-12-31 | RM300.19 Million ≈ $75.37 Million |
+3.56% |
| 2017-12-31 | RM289.87 Million ≈ $72.78 Million |
+1.37% |
| 2016-12-31 | RM285.96 Million ≈ $71.80 Million |
-0.01% |
| 2015-12-31 | RM286.00 Million ≈ $71.81 Million |
-2.05% |
| 2014-12-31 | RM292.00 Million ≈ $73.31 Million |
+2.46% |
| 2013-12-31 | RM285.00 Million ≈ $71.55 Million |
+6.74% |
| 2012-12-31 | RM267.00 Million ≈ $67.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Apex Equity Holdings 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 136.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM169.19 Million | 43.26% |
| Common Stock | RM221.94 Million | 56.74% |
| Total Equity | RM391.13 Million | 100.00% |
Apex Equity Holdings Bhd Competitors by Market Cap
The table below lists competitors of Apex Equity Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vection Technologies Ltd
AU:VR1
|
$41.04 Million |
|
Malton Bhd
KLSE:6181
|
$41.05 Million |
|
Akobo Minerals AB (publ)
OL:AKOBO
|
$41.06 Million |
|
Alarko Gayrimenkul Yatirim Ortakligi AS
IS:ALGYO
|
$41.06 Million |
|
Auric Mining Ltd
AU:AWJ
|
$41.01 Million |
|
Hyperion DeFi, Inc.
NASDAQ:HYPD
|
$41.01 Million |
|
Bo Lak
KO:002760
|
$41.00 Million |
|
Opticis Company Limited
KQ:109080
|
$40.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apex Equity Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 328,713,000 to 391,127,000, a change of 62,414,000 (19.0%).
- Net income of 52,508,000 contributed positively to equity growth.
- Share repurchases of 9,799,000 reduced equity.
- Other factors increased equity by 19,705,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM52.51 Million | +13.42% |
| Share Repurchases | RM9.80 Million | -2.51% |
| Other Changes | RM19.70 Million | +5.04% |
| Total Change | RM- | 18.99% |
Book Value vs Market Value Analysis
This analysis compares Apex Equity Holdings 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: 0.42x
- 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 0.54x to 0.42x 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 | RM1.41 | RM0.77 | x |
| 2017-12-31 | RM1.43 | RM0.77 | x |
| 2018-12-31 | RM1.48 | RM0.77 | x |
| 2019-12-31 | RM1.49 | RM0.77 | x |
| 2020-12-31 | RM1.58 | RM0.77 | x |
| 2021-12-31 | RM1.65 | RM0.77 | x |
| 2022-12-31 | RM1.58 | RM0.77 | x |
| 2023-12-31 | RM1.62 | RM0.77 | x |
| 2024-12-31 | RM1.83 | RM0.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apex Equity Holdings 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): 13.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 63.69%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.19x
- Recent ROE (13.42%) is above the historical average (4.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.67% | 28.60% | 0.11x | 1.14x | RM-18.09 Million |
| 2017 | 4.84% | 31.75% | 0.09x | 1.62x | RM-14.95 Million |
| 2018 | 2.73% | 20.42% | 0.11x | 1.17x | RM-21.82 Million |
| 2019 | 1.99% | 17.68% | 0.10x | 1.11x | RM-24.20 Million |
| 2020 | 5.39% | 30.12% | 0.16x | 1.15x | RM-14.72 Million |
| 2021 | 6.42% | 24.29% | 0.23x | 1.15x | RM-12.00 Million |
| 2022 | 1.99% | 17.82% | 0.10x | 1.11x | RM-25.71 Million |
| 2023 | 2.23% | 16.83% | 0.12x | 1.14x | RM-25.55 Million |
| 2024 | 13.42% | 63.69% | 0.18x | 1.19x | RM13.40 Million |
Industry Comparison
This section compares Apex Equity Holdings Bhd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $730,890,712
- Average return on equity (ROE) among peers: 3.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apex Equity Holdings Bhd (5088) | RM392.44 Million | 3.67% | 0.35x | $41.02 Million |
| Mercury Securities Group Berhad (0285) | $170.60 Million | 4.92% | 0.09x | $59.41 Million |
| Insas Bhd (3379) | $1.20 Billion | 13.30% | 0.34x | $148.87 Million |
| Hong Leong Capital Bhd (5274) | $1.04 Billion | 5.62% | 4.14x | $194.17 Million |
| K N Kenanga Holdings Bhd (6483) | $1.06 Billion | 11.22% | 5.08x | $144.43 Million |
| M & A EQUITY HOLDINGS BERHAD (7082) | $185.42 Million | -15.16% | 0.50x | $82.84 Million |
About Apex Equity Holdings Bhd
Apex Equity Holdings Berhad, an investment holding company, engages in stock and securities broking in Malaysia and internationally. The company operates through four segments: Investment Holdings and Others, Stock and Futures Broking, Property Holdings, and Money Lending. It is involved in dealing with securities, clearing, derivatives, and investment advisory; operates Apexetrade, an online tra… Read more