Dayang Enterprise Holdings Bhd
Dayang Enterprise Holdings Bhd, an investment holding company, provides offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services to the oil and gas companies in Malaysia. The company operates in two segments: Topside Maintenance Services and Marine Offshore Support Services segments. It offers maintenance of pipes, valves, and topside structu… Read more
Dayang Enterprise Holdings Bhd (5141) - Net Assets
Latest net assets as of September 2025: RM2.13 Billion MYR
Based on the latest financial reports, Dayang Enterprise Holdings Bhd (5141) has net assets worth RM2.13 Billion MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.42 Billion) and total liabilities (RM292.78 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 | RM2.13 Billion |
| % of Total Assets | 87.89% |
| Annual Growth Rate | 13.17% |
| 5-Year Change | 21.15% |
| 10-Year Change | 80.11% |
| Growth Volatility | 15.55 |
Dayang Enterprise Holdings Bhd - Net Assets Trend (2007–2024)
This chart illustrates how Dayang Enterprise Holdings 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 Dayang Enterprise Holdings Bhd (2007–2024)
The table below shows the annual net assets of Dayang Enterprise Holdings Bhd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM2.16 Billion | +14.19% |
| 2023-12-31 | RM1.89 Billion | +14.37% |
| 2022-12-31 | RM1.65 Billion | +10.42% |
| 2021-12-31 | RM1.49 Billion | -15.98% |
| 2020-12-31 | RM1.78 Billion | +0.79% |
| 2019-12-31 | RM1.77 Billion | +35.80% |
| 2018-12-31 | RM1.30 Billion | +13.03% |
| 2017-12-31 | RM1.15 Billion | -10.03% |
| 2016-12-31 | RM1.28 Billion | +6.82% |
| 2015-12-31 | RM1.20 Billion | +24.03% |
| 2014-12-31 | RM964.76 Million | +44.77% |
| 2013-12-31 | RM666.43 Million | +11.57% |
| 2012-12-31 | RM597.31 Million | +14.23% |
| 2011-12-31 | RM522.91 Million | +40.30% |
| 2010-12-31 | RM372.71 Million | +15.12% |
| 2009-12-31 | RM323.74 Million | +2.36% |
| 2008-12-31 | RM316.28 Million | +20.20% |
| 2007-12-31 | RM263.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dayang Enterprise 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 88181200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM881.81 Million | 47.03% |
| Common Stock | RM891.29 Million | 47.54% |
| Other Comprehensive Income | RM101.71 Million | 5.43% |
| Total Equity | RM1.87 Billion | 100.00% |
Dayang Enterprise Holdings Bhd Competitors by Market Cap
The table below lists competitors of Dayang Enterprise Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JBM Auto Limited
NSE:JBMA
|
$271.52 Million |
|
Ncs Testing Technology Co Ltd
SHE:300797
|
$271.59 Million |
|
Vetropack Holding SA
SW:VETN
|
$271.67 Million |
|
Mainova AG
F:MNV6
|
$271.67 Million |
|
Jiangsu Huifeng Agrochemical Co Ltd
SHE:002496
|
$271.48 Million |
|
Ever Supreme Bio Technology Co. Ltd
TWO:6712
|
$271.46 Million |
|
Truecaller AB Series B
LSE:0AA7
|
$271.46 Million |
|
Wuxi Xinhongtai ElecTech
SHG:603016
|
$271.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dayang Enterprise Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,652,538,000 to 1,874,812,000, a change of 222,274,000 (13.5%).
- Net income of 311,085,000 contributed positively to equity growth.
- Dividend payments of 69,466,000 reduced retained earnings.
- Other comprehensive income decreased equity by 17,271,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM311.08 Million | +16.59% |
| Dividends Paid | RM69.47 Million | -3.71% |
| Other Comprehensive Income | RM-17.27 Million | -0.92% |
| Other Changes | RM-2.07 Million | -0.11% |
| Total Change | RM- | 13.45% |
Book Value vs Market Value Analysis
This analysis compares Dayang Enterprise 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: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.15x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | RM0.35 | RM1.80 | x |
| 2009-12-31 | RM0.43 | RM1.80 | x |
| 2010-12-31 | RM0.49 | RM1.80 | x |
| 2011-12-31 | RM0.65 | RM1.80 | x |
| 2012-12-31 | RM0.69 | RM1.80 | x |
| 2013-12-31 | RM0.77 | RM1.80 | x |
| 2014-12-31 | RM1.10 | RM1.80 | x |
| 2015-12-31 | RM1.36 | RM1.80 | x |
| 2016-12-31 | RM1.38 | RM1.80 | x |
| 2017-12-31 | RM1.02 | RM1.80 | x |
| 2018-12-31 | RM1.11 | RM1.80 | x |
| 2019-12-31 | RM1.48 | RM1.80 | x |
| 2020-12-31 | RM1.41 | RM1.80 | x |
| 2021-12-31 | RM1.15 | RM1.80 | x |
| 2022-12-31 | RM1.25 | RM1.80 | x |
| 2023-12-31 | RM1.43 | RM1.80 | x |
| 2024-12-31 | RM1.62 | RM1.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dayang Enterprise 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): 16.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.19%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.45x
- Recent ROE (16.59%) is above the historical average (9.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 10.97% | 22.69% | 0.37x | 1.32x | RM2.54 Million |
| 2009 | 13.83% | 22.74% | 0.43x | 1.43x | RM12.41 Million |
| 2010 | 18.17% | 26.52% | 0.47x | 1.47x | RM30.46 Million |
| 2011 | 15.90% | 21.74% | 0.55x | 1.32x | RM30.84 Million |
| 2012 | 16.95% | 25.23% | 0.54x | 1.24x | RM41.51 Million |
| 2013 | 22.40% | 27.01% | 0.56x | 1.48x | RM82.65 Million |
| 2014 | 18.67% | 20.54% | 0.67x | 1.36x | RM83.66 Million |
| 2015 | 14.48% | 22.11% | 0.24x | 2.78x | RM53.28 Million |
| 2016 | 4.29% | 7.70% | 0.23x | 2.46x | RM-72.50 Million |
| 2017 | -15.96% | -22.04% | 0.26x | 2.82x | RM-249.17 Million |
| 2018 | 14.25% | 17.06% | 0.35x | 2.40x | RM47.79 Million |
| 2019 | 16.10% | 22.08% | 0.35x | 2.05x | RM87.49 Million |
| 2020 | 2.18% | 4.45% | 0.27x | 1.84x | RM-116.63 Million |
| 2021 | -33.21% | -65.25% | 0.29x | 1.77x | RM-566.88 Million |
| 2022 | 8.38% | 12.32% | 0.42x | 1.63x | RM-23.39 Million |
| 2023 | 13.25% | 19.67% | 0.44x | 1.52x | RM53.73 Million |
| 2024 | 16.59% | 21.19% | 0.54x | 1.45x | RM123.60 Million |
Industry Comparison
This section compares Dayang Enterprise Holdings 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: $603,164,799
- Average return on equity (ROE) among peers: -12.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dayang Enterprise Holdings Bhd (5141) | RM2.13 Billion | 10.97% | 0.14x | $271.51 Million |
| Reservoir Link Energy Bhd (0219) | $21.17 Million | 15.37% | 0.78x | $9.11 Million |
| Ocean Vantage Holdings Bhd (0220) | $49.81 Million | 14.69% | 0.16x | $6.53 Million |
| Coastal Contracts Bhd (5071) | $1.09 Billion | -9.67% | 0.43x | $42.02 Million |
| Marine & General Bhd (5078) | $41.82 Million | -118.68% | 21.95x | $25.47 Million |
| Alam Maritim Resources Bhd (5115) | $-87.52 Million | 0.00% | 0.00x | $14.66 Million |
| Deleum Bhd (5132) | $358.25 Million | 4.76% | 0.70x | $34.37 Million |
| Petra Energy Bhd (5133) | $547.00 Million | 8.59% | 1.02x | $13.33 Million |
| Wah Seong Corporation Bhd (5142) | $775.89 Million | -29.42% | 2.36x | $83.37 Million |
| Malaysia Marine and Heavy Engineering Holdings Bhd (5186) | $2.64 Billion | 4.93% | 0.69x | $27.00 Million |