Dayang Enterprise Holdings Bhd (5141) - Net Assets
Based on the latest financial reports, Dayang Enterprise Holdings Bhd (5141) has net assets worth RM2.13 Billion MYR (≈ $533.53 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 (RM2.42 Billion ≈ $607.04 Million USD) and total liabilities (RM292.78 Million ≈ $73.51 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 5141 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see Dayang Enterprise Holdings Bhd market capitalisation.
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. Also explore 5141 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM2.16 Billion ≈ $541.12 Million |
+14.19% |
| 2023-12-31 | RM1.89 Billion ≈ $473.88 Million |
+14.37% |
| 2022-12-31 | RM1.65 Billion ≈ $414.36 Million |
+10.42% |
| 2021-12-31 | RM1.49 Billion ≈ $375.27 Million |
-15.98% |
| 2020-12-31 | RM1.78 Billion ≈ $446.65 Million |
+0.79% |
| 2019-12-31 | RM1.77 Billion ≈ $443.17 Million |
+35.80% |
| 2018-12-31 | RM1.30 Billion ≈ $326.34 Million |
+13.03% |
| 2017-12-31 | RM1.15 Billion ≈ $288.71 Million |
-10.03% |
| 2016-12-31 | RM1.28 Billion ≈ $320.91 Million |
+6.82% |
| 2015-12-31 | RM1.20 Billion ≈ $300.44 Million |
+24.03% |
| 2014-12-31 | RM964.76 Million ≈ $242.22 Million |
+44.77% |
| 2013-12-31 | RM666.43 Million ≈ $167.32 Million |
+11.57% |
| 2012-12-31 | RM597.31 Million ≈ $149.96 Million |
+14.23% |
| 2011-12-31 | RM522.91 Million ≈ $131.28 Million |
+40.30% |
| 2010-12-31 | RM372.71 Million ≈ $93.57 Million |
+15.12% |
| 2009-12-31 | RM323.74 Million ≈ $81.28 Million |
+2.36% |
| 2008-12-31 | RM316.28 Million ≈ $79.41 Million |
+20.20% |
| 2007-12-31 | RM263.12 Million ≈ $66.06 Million |
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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 |
|---|---|
|
Mahindra Holidays & Resorts India Limited
NSE:MHRIL
|
$436.14 Million |
|
Lets Holding Group Co Ltd
SHE:002398
|
$436.15 Million |
|
Jiangsu Flag Chemical Industry Co Ltd
SHE:300575
|
$436.24 Million |
|
Emeco Holdings Ltd
AU:EHL
|
$436.47 Million |
|
Locaweb Serviços de Internet S.A.
SA:LWSA3
|
$436.02 Million |
|
FinVolution Group
NYSE:FINV
|
$435.63 Million |
|
Hailun Piano Co Ltd
SHE:300329
|
$435.56 Million |
|
Hangzhou Huaxing Chuangye Communication Technology Co Ltd
SHE:300025
|
$435.55 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: 0.93x
- 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 4.29x to 0.93x 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 | RM1.50 | x |
| 2009-12-31 | RM0.43 | RM1.50 | x |
| 2010-12-31 | RM0.49 | RM1.50 | x |
| 2011-12-31 | RM0.65 | RM1.50 | x |
| 2012-12-31 | RM0.69 | RM1.50 | x |
| 2013-12-31 | RM0.77 | RM1.50 | x |
| 2014-12-31 | RM1.10 | RM1.50 | x |
| 2015-12-31 | RM1.36 | RM1.50 | x |
| 2016-12-31 | RM1.38 | RM1.50 | x |
| 2017-12-31 | RM1.02 | RM1.50 | x |
| 2018-12-31 | RM1.11 | RM1.50 | x |
| 2019-12-31 | RM1.48 | RM1.50 | x |
| 2020-12-31 | RM1.41 | RM1.50 | x |
| 2021-12-31 | RM1.15 | RM1.50 | x |
| 2022-12-31 | RM1.25 | RM1.50 | x |
| 2023-12-31 | RM1.43 | RM1.50 | x |
| 2024-12-31 | RM1.62 | RM1.50 | 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: $736,336,883
- Average return on equity (ROE) among peers: 11.62%
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 | $436.02 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 |
| Deleum Bhd (5132) | $498.14 Million | 14.89% | 0.47x | $99.81 Million |
| Petra Energy Bhd (5133) | $387.09 Million | 4.12% | 0.42x | $51.97 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 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