CSC Steel Holdings Bhd (5094) - Net Assets
Based on the latest financial reports, CSC Steel Holdings Bhd (5094) has net assets worth RM943.19 Million MYR (≈ $236.80 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 (RM1.02 Billion ≈ $255.84 Million USD) and total liabilities (RM75.83 Million ≈ $19.04 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 CSC Steel Holdings Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM943.19 Million |
| % of Total Assets | 92.56% |
| Annual Growth Rate | 2.07% |
| 5-Year Change | 4.84% |
| 10-Year Change | 16.65% |
| Growth Volatility | 4.34 |
CSC Steel Holdings Bhd - Net Assets Trend (2006–2025)
This chart illustrates how CSC Steel Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of CSC Steel Holdings Bhd for the complete picture of this company's asset base.
Annual Net Assets for CSC Steel Holdings Bhd (2006–2025)
The table below shows the annual net assets of CSC Steel Holdings Bhd from 2006 to 2025. For live valuation and market cap data, see CSC Steel Holdings Bhd (5094) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM943.19 Million ≈ $236.80 Million |
+4.77% |
| 2024-12-31 | RM900.25 Million ≈ $226.02 Million |
-0.01% |
| 2023-12-31 | RM900.35 Million ≈ $226.05 Million |
+4.51% |
| 2022-12-31 | RM861.50 Million ≈ $216.29 Million |
-4.24% |
| 2021-12-31 | RM899.67 Million ≈ $225.88 Million |
+7.27% |
| 2020-12-31 | RM838.71 Million ≈ $210.57 Million |
+1.65% |
| 2019-12-31 | RM825.11 Million ≈ $207.16 Million |
+2.52% |
| 2018-12-31 | RM804.87 Million ≈ $202.08 Million |
-1.74% |
| 2017-12-31 | RM819.15 Million ≈ $205.66 Million |
+1.31% |
| 2016-12-31 | RM808.55 Million ≈ $203.00 Million |
+5.11% |
| 2015-12-31 | RM769.25 Million ≈ $193.13 Million |
+5.59% |
| 2014-12-31 | RM728.52 Million ≈ $182.91 Million |
-6.14% |
| 2013-12-31 | RM776.19 Million ≈ $194.87 Million |
+0.40% |
| 2012-12-31 | RM773.10 Million ≈ $194.10 Million |
+0.17% |
| 2011-12-31 | RM771.77 Million ≈ $193.77 Million |
-2.40% |
| 2010-12-31 | RM790.73 Million ≈ $198.53 Million |
+1.58% |
| 2009-12-31 | RM778.46 Million ≈ $195.45 Million |
+12.34% |
| 2008-12-31 | RM692.93 Million ≈ $173.97 Million |
+0.50% |
| 2007-12-31 | RM689.51 Million ≈ $173.11 Million |
+7.90% |
| 2006-12-31 | RM639.05 Million ≈ $160.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CSC Steel 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 136.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM539.73 Million | 57.22% |
| Common Stock | RM413.16 Million | 43.80% |
| Other Comprehensive Income | RM1.91 Million | 0.20% |
| Total Equity | RM943.19 Million | 100.00% |
CSC Steel Holdings Bhd Competitors by Market Cap
The table below lists competitors of CSC Steel Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compañía Minera Autlán S.A.B. de C.V
MX:AUTLANB
|
$135.43 Million |
|
AMPACS Corp.
TW:6743
|
$135.46 Million |
|
Jay Bharat Maruti Limited
NSE:JAYBARMARU
|
$135.53 Million |
|
Ramayana Lestari Sentosa Tbk
JK:RALS
|
$135.54 Million |
|
YESASIA HOLDINGS LTD
F:4CM
|
$135.32 Million |
|
Nynomic AG
F:M7U
|
$135.32 Million |
|
Englewood Lab Inc
KQ:950140
|
$135.31 Million |
|
Mahkota Group Tbk PT
JK:MGRO
|
$135.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CSC Steel Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 900,253,000 to 943,190,000, a change of 42,937,000 (4.8%).
- Net income of 69,441,000 contributed positively to equity growth.
- Dividend payments of 25,851,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,914,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM69.44 Million | +7.36% |
| Dividends Paid | RM25.85 Million | -2.74% |
| Other Comprehensive Income | RM1.91 Million | +0.2% |
| Other Changes | RM-2.57 Million | -0.27% |
| Total Change | RM- | 4.77% |
Book Value vs Market Value Analysis
This analysis compares CSC Steel 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: 0.57x
- 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 0.87x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | RM1.68 | RM1.46 | x |
| 2007-12-31 | RM1.83 | RM1.46 | x |
| 2008-12-31 | RM1.85 | RM1.46 | x |
| 2009-12-31 | RM2.09 | RM1.46 | x |
| 2010-12-31 | RM2.12 | RM1.46 | x |
| 2011-12-31 | RM2.07 | RM1.46 | x |
| 2012-12-31 | RM2.07 | RM1.46 | x |
| 2013-12-31 | RM2.09 | RM1.46 | x |
| 2014-12-31 | RM1.96 | RM1.46 | x |
| 2015-12-31 | RM2.08 | RM1.46 | x |
| 2016-12-31 | RM2.19 | RM1.46 | x |
| 2017-12-31 | RM2.22 | RM1.46 | x |
| 2018-12-31 | RM2.18 | RM1.46 | x |
| 2019-12-31 | RM2.23 | RM1.46 | x |
| 2020-12-31 | RM2.27 | RM1.46 | x |
| 2021-12-31 | RM2.44 | RM1.46 | x |
| 2022-12-31 | RM2.33 | RM1.46 | x |
| 2023-12-31 | RM2.44 | RM1.46 | x |
| 2024-12-31 | RM2.44 | RM1.46 | x |
| 2025-12-31 | RM2.55 | RM1.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CSC Steel 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): 7.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.03%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 1.08x
- Recent ROE (7.36%) is above the historical average (6.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 11.26% | 7.02% | 1.26x | 1.27x | RM8.06 Million |
| 2007 | 11.55% | 6.12% | 1.56x | 1.21x | RM10.70 Million |
| 2008 | 8.48% | 4.28% | 1.76x | 1.13x | RM-10.52 Million |
| 2009 | 11.71% | 10.48% | 1.01x | 1.11x | RM13.31 Million |
| 2010 | 8.75% | 6.69% | 1.17x | 1.12x | RM-9.89 Million |
| 2011 | 3.83% | 2.45% | 1.43x | 1.10x | RM-47.63 Million |
| 2012 | 3.62% | 2.49% | 1.33x | 1.10x | RM-49.30 Million |
| 2013 | 3.78% | 2.57% | 1.36x | 1.08x | RM-48.27 Million |
| 2014 | -2.92% | -2.03% | 1.32x | 1.09x | RM-94.12 Million |
| 2015 | 7.10% | 5.37% | 1.23x | 1.08x | RM-22.32 Million |
| 2016 | 8.50% | 6.64% | 1.17x | 1.10x | RM-12.17 Million |
| 2017 | 7.30% | 4.52% | 1.49x | 1.09x | RM-22.11 Million |
| 2018 | 2.72% | 1.58% | 1.51x | 1.14x | RM-58.59 Million |
| 2019 | 4.22% | 2.55% | 1.52x | 1.09x | RM-47.71 Million |
| 2020 | 4.41% | 3.43% | 1.17x | 1.10x | RM-46.87 Million |
| 2021 | 9.57% | 5.84% | 1.39x | 1.18x | RM-3.88 Million |
| 2022 | 1.70% | 0.86% | 1.81x | 1.09x | RM-71.54 Million |
| 2023 | 5.50% | 3.17% | 1.59x | 1.09x | RM-40.56 Million |
| 2024 | 3.79% | 2.26% | 1.56x | 1.08x | RM-55.87 Million |
| 2025 | 7.36% | 5.03% | 1.35x | 1.08x | RM-24.88 Million |
Industry Comparison
This section compares CSC Steel Holdings Bhd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $461,878,092
- Average return on equity (ROE) among peers: 12.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CSC Steel Holdings Bhd (5094) | RM943.19 Million | 11.26% | 0.08x | $135.37 Million |
| Tashin Holdings Bhd (0211) | $269.54 Million | -0.41% | 0.42x | $17.96 Million |
| LEFORM (0266) | $169.81 Million | 26.25% | 1.30x | $63.21 Million |
| Minox International Group Berhad (0288) | $49.43 Million | 20.85% | 0.61x | $16.27 Million |
| TSA (0297) | $124.79 Million | 31.23% | 1.09x | $65.62 Million |
| Melewar Industrial Group Bhd (3778) | $247.91 Million | -0.27% | 2.14x | $12.18 Million |
| Lion Industries Corporation Bhd (4235) | $1.81 Billion | 27.29% | 0.94x | $23.08 Million |
| AYS Ventures Bhd (5021) | $459.12 Million | 4.10% | 1.43x | $23.64 Million |
| Hiap Teck Venture Bhd (5072) | $716.75 Million | 3.83% | 0.87x | $126.85 Million |
| Mycron Steel Bhd (5087) | $306.00 Million | 3.92% | 0.92x | $19.71 Million |
About CSC Steel Holdings Bhd
CSC Steel Holdings Berhad, an investment holding company, engages in the manufacturing and marketing of steel coils in the Asia Pacific and Malaysia. The company offers pickled and oiled steel, cold rolled steel, hot-dipped galvanised steel, and pre-painted galvanised steel, as well as medium and high carbon steel under the Realzinc and Realcolor brand names. It also invests in real estate proper… Read more