Deleum Bhd (5132) - Net Assets
Based on the latest financial reports, Deleum Bhd (5132) has net assets worth RM548.35 Million MYR (≈ $137.67 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 (RM828.23 Million ≈ $207.94 Million USD) and total liabilities (RM279.88 Million ≈ $70.27 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 Deleum Bhd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM548.35 Million |
| % of Total Assets | 66.21% |
| Annual Growth Rate | 5.55% |
| 5-Year Change | 38.52% |
| 10-Year Change | 64.99% |
| Growth Volatility | 6.31 |
Deleum Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Deleum Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Deleum Bhd.
Annual Net Assets for Deleum Bhd (2012–2025)
The table below shows the annual net assets of Deleum Bhd from 2012 to 2025. Also explore Deleum Bhd annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM496.25 Million ≈ $124.59 Million |
-0.38% |
| 2024-12-31 | RM498.14 Million ≈ $125.07 Million |
+20.50% |
| 2023-12-31 | RM413.39 Million ≈ $103.79 Million |
+6.34% |
| 2022-12-31 | RM388.75 Million ≈ $97.60 Million |
+8.51% |
| 2021-12-31 | RM358.25 Million ≈ $89.94 Million |
+2.61% |
| 2020-12-31 | RM349.14 Million ≈ $87.66 Million |
-0.26% |
| 2019-12-31 | RM350.04 Million ≈ $87.88 Million |
+5.57% |
| 2018-12-31 | RM331.56 Million ≈ $83.24 Million |
+2.98% |
| 2017-12-31 | RM321.98 Million ≈ $80.84 Million |
+7.05% |
| 2016-12-31 | RM300.77 Million ≈ $75.51 Million |
-5.71% |
| 2015-12-31 | RM319.00 Million ≈ $80.09 Million |
+4.59% |
| 2014-12-31 | RM305.00 Million ≈ $76.58 Million |
+12.55% |
| 2013-12-31 | RM271.00 Million ≈ $68.04 Million |
+10.16% |
| 2012-12-31 | RM246.00 Million ≈ $61.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Deleum 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 103.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM294.93 Million | 59.43% |
| Common Stock | RM201.80 Million | 40.67% |
| Total Equity | RM496.25 Million | 100.00% |
Deleum Bhd Competitors by Market Cap
The table below lists competitors of Deleum Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kino Polska TV SA
WAR:KPL
|
$99.83 Million |
|
SANTA ANA GLOBAL ENTERPRISES, S
MC:STNA
|
$99.85 Million |
|
Afyon Cimento Sanayi TAS
IS:AFYON
|
$99.89 Million |
|
Fulin Plastic Industry Cayman Holding Co Ltd
TW:1341
|
$99.91 Million |
|
Alcidion Group Ltd
AU:ALC
|
$99.77 Million |
|
Wieson Technologies Co Ltd
TWO:6272
|
$99.69 Million |
|
Consolidated Finvest & Holdings Limited
NSE:CONSOFINVT
|
$99.67 Million |
|
Xtract One Technologies Inc.
TO:XTRA
|
$99.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Deleum Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 463,044,000 to 496,253,000, a change of 33,209,000 (7.2%).
- Net income of 71,087,000 contributed positively to equity growth.
- Dividend payments of 37,344,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM71.09 Million | +14.32% |
| Dividends Paid | RM37.34 Million | -7.53% |
| Other Changes | RM-534.00K | -0.11% |
| Total Change | RM- | 7.17% |
Book Value vs Market Value Analysis
This analysis compares Deleum 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: 0.80x
- 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 1.32x to 0.80x 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 | RM0.75 | RM0.99 | x |
| 2017-12-31 | RM0.80 | RM0.99 | x |
| 2018-12-31 | RM0.83 | RM0.99 | x |
| 2019-12-31 | RM0.87 | RM0.99 | x |
| 2020-12-31 | RM0.87 | RM0.99 | x |
| 2021-12-31 | RM0.89 | RM0.99 | x |
| 2022-12-31 | RM0.97 | RM0.99 | x |
| 2023-12-31 | RM1.03 | RM0.99 | x |
| 2024-12-31 | RM1.15 | RM0.99 | x |
| 2025-12-31 | RM1.24 | RM0.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Deleum 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): 14.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.13%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 1.66x
- Recent ROE (14.32%) is above the historical average (10.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 15.37% | 6.93% | 0.96x | 2.30x | RM15.73 Million |
| 2016 | 8.82% | 4.36% | 0.92x | 2.21x | RM-3.56 Million |
| 2017 | 10.02% | 6.04% | 0.88x | 1.89x | RM79.31K |
| 2018 | 8.19% | 4.36% | 0.94x | 1.99x | RM-5.99 Million |
| 2019 | 9.47% | 3.82% | 1.16x | 2.14x | RM-1.86 Million |
| 2020 | 2.13% | 1.26% | 0.91x | 1.86x | RM-27.49 Million |
| 2021 | 4.76% | 3.06% | 0.92x | 1.70x | RM-18.76 Million |
| 2022 | 10.84% | 6.04% | 0.98x | 1.84x | RM3.27 Million |
| 2023 | 11.06% | 5.77% | 1.28x | 1.50x | RM4.40 Million |
| 2024 | 16.01% | 8.17% | 1.24x | 1.58x | RM27.85 Million |
| 2025 | 14.32% | 7.13% | 1.21x | 1.66x | RM21.46 Million |
Industry Comparison
This section compares Deleum Bhd's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $823,008,883
- Average return on equity (ROE) among peers: 10.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Deleum Bhd (5132) | RM548.35 Million | 15.37% | 0.51x | $99.81 Million |
| Reservoir Link Energy Bhd (0219) | $30.85 Million | 31.37% | 1.60x | $29.67 Million |
| Ocean Vantage Holdings Bhd (0220) | $16.43 Million | 31.48% | 0.30x | $26.45 Million |
| Coastal Contracts Bhd (5071) | $1.67 Billion | 9.95% | 0.56x | $220.25 Million |
| Marine & General Bhd (5078) | $162.24 Million | 28.99% | 4.28x | $63.11 Million |
| Alam Maritim Resources Bhd (5115) | $597.13 Million | -24.45% | 0.46x | $25.73 Million |
| Petra Energy Bhd (5133) | $387.09 Million | 4.12% | 0.42x | $51.97 Million |
| Dayang Enterprise Holdings Bhd (5141) | $1.28 Billion | 4.27% | 1.44x | $436.02 Million |
| Wah Seong Corporation Bhd (5142) | $678.91 Million | -0.93% | 3.00x | $141.91 Million |
| Malaysia Marine and Heavy Engineering Holdings Bhd (5186) | $2.59 Billion | 9.14% | 0.94x | $146.62 Million |
About Deleum Bhd
Deleum Berhad, together with its subsidiaries, engages in the oil and gas businesses in Malaysia, Indonesia, and internationally. The company operates in two segments, Power and Machinery, and Oilfield Integrated Services. It sells gas turbines and related parts, as well as overhaul of turbines; offers maintenance and technical services, including installation turnkey for new installations, packa… Read more