Sealink International Bhd (5145) - Net Assets
Based on the latest financial reports, Sealink International Bhd (5145) has net assets worth RM214.70 Million MYR (≈ $53.90 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 (RM330.25 Million ≈ $82.91 Million USD) and total liabilities (RM115.55 Million ≈ $29.01 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 Sealink International Bhd (5145) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM214.70 Million |
| % of Total Assets | 65.01% |
| Annual Growth Rate | -5.25% |
| 5-Year Change | -5.54% |
| 10-Year Change | -52.76% |
| Growth Volatility | 8.59 |
Sealink International Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Sealink International Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 5145 total assets for the complete picture of this company's asset base.
Annual Net Assets for Sealink International Bhd (2012–2025)
The table below shows the annual net assets of Sealink International Bhd from 2012 to 2025. For live valuation and market cap data, see Sealink International Bhd (5145) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM214.70 Million ≈ $53.90 Million |
-7.12% |
| 2024-12-31 | RM231.15 Million ≈ $58.03 Million |
+6.74% |
| 2023-12-31 | RM216.54 Million ≈ $54.37 Million |
+1.03% |
| 2022-12-31 | RM214.34 Million ≈ $53.81 Million |
-5.70% |
| 2021-12-31 | RM227.30 Million ≈ $57.07 Million |
-20.95% |
| 2020-12-31 | RM287.55 Million ≈ $72.19 Million |
-12.92% |
| 2019-12-31 | RM330.20 Million ≈ $82.90 Million |
-10.33% |
| 2018-12-31 | RM368.26 Million ≈ $92.46 Million |
-4.38% |
| 2017-12-31 | RM385.14 Million ≈ $96.69 Million |
-15.25% |
| 2016-12-31 | RM454.45 Million ≈ $114.10 Million |
-8.93% |
| 2015-12-31 | RM499.00 Million ≈ $125.28 Million |
+8.48% |
| 2014-12-31 | RM460.00 Million ≈ $115.49 Million |
+2.22% |
| 2013-12-31 | RM450.00 Million ≈ $112.98 Million |
+3.93% |
| 2012-12-31 | RM433.00 Million ≈ $108.71 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sealink International 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 decreased by 419.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM329.09 Million | 153.28% |
| Other Components | RM55.95 Million | 26.06% |
| Total Equity | RM214.70 Million | 100.00% |
Sealink International Bhd Competitors by Market Cap
The table below lists competitors of Sealink International Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orbis AG
XETRA:OBS
|
$43.94 Million |
|
Sinil Pharmaceutical Co. Ltd
KQ:012790
|
$43.95 Million |
|
DONGJIANG ENVIRONMENTAL H
F:DGN
|
$43.99 Million |
|
GSE Co. Ltd
KQ:053050
|
$44.00 Million |
|
Mirza International Limited
NSE:MIRZAINT
|
$43.93 Million |
|
Baltic Sea Properties AS
OL:BALT
|
$43.89 Million |
|
MNC Vision Networks PT
JK:IPTV
|
$43.89 Million |
|
Hong Yi Fiber Industry Co Ltd
TW:1452
|
$43.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sealink International Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 231,145,160 to 214,698,000, a change of -16,447,160 (-7.1%).
- Net loss of 4,605,000 reduced equity.
- Other factors decreased equity by 11,842,160.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-4.61 Million | -2.14% |
| Other Changes | RM-11.84 Million | -5.52% |
| Total Change | RM- | -7.12% |
Book Value vs Market Value Analysis
This analysis compares Sealink International 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: 0.82x
- 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 increased from 0.39x to 0.82x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.91 | RM0.35 | x |
| 2017-12-31 | RM0.77 | RM0.35 | x |
| 2018-12-31 | RM0.74 | RM0.35 | x |
| 2019-12-31 | RM0.66 | RM0.35 | x |
| 2020-12-31 | RM0.58 | RM0.35 | x |
| 2021-12-31 | RM0.45 | RM0.35 | x |
| 2022-12-31 | RM0.43 | RM0.35 | x |
| 2023-12-31 | RM0.43 | RM0.35 | x |
| 2024-12-31 | RM0.46 | RM0.35 | x |
| 2025-12-31 | RM0.43 | RM0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sealink International 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): -2.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.43%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.54x
- Recent ROE (-2.14%) is above the historical average (-9.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -12.47% | -46.10% | 0.16x | 1.68x | RM-102.10 Million |
| 2017 | -12.91% | -66.14% | 0.12x | 1.64x | RM-88.24 Million |
| 2018 | -5.54% | -29.25% | 0.12x | 1.58x | RM-57.24 Million |
| 2019 | -11.11% | -55.18% | 0.13x | 1.53x | RM-69.71 Million |
| 2020 | -14.20% | -81.77% | 0.11x | 1.52x | RM-69.57 Million |
| 2021 | -28.76% | -172.23% | 0.11x | 1.58x | RM-88.10 Million |
| 2022 | -9.41% | -30.90% | 0.20x | 1.54x | RM-41.61 Million |
| 2023 | -1.76% | -3.59% | 0.32x | 1.51x | RM-25.47 Million |
| 2024 | 7.77% | 14.34% | 0.36x | 1.52x | RM-5.16 Million |
| 2025 | -2.14% | -2.43% | 0.57x | 1.54x | RM-26.07 Million |
Industry Comparison
This section compares Sealink International Bhd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $3,409,437,703
- Average return on equity (ROE) among peers: 6.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sealink International Bhd (5145) | RM214.70 Million | -12.47% | 0.54x | $43.94 Million |
| MISC Bhd (3816) | $23.07 Billion | 9.66% | 0.66x | $9.19 Billion |
| Bintulu Port Holdings Bhd (5032) | $1.08 Billion | 14.62% | 1.16x | $635.20 Million |
| Malaysian Bulk Carriers Bhd (5077) | $525.78 Million | -25.67% | 1.30x | $81.52 Million |
| Shin Yang Shipping Corporation Bhd (5173) | $1.17 Billion | 2.01% | 0.46x | $234.75 Million |
| Westports Holdings Bhd (5246) | $3.52 Billion | 22.14% | 0.52x | $5.22 Billion |
| EA Technique M Bhd (5259) | $184.00 Million | 30.98% | 1.70x | $101.56 Million |
| PDZ Holdings Bhd (6254) | $30.25 Million | -7.19% | 0.22x | $3.69 Million |
| Suria Capital Holdings Bhd (6521) | $971.00 Million | 12.98% | 0.37x | $112.87 Million |
| HUBLine Bhd (7013) | $133.71 Million | -3.39% | 0.98x | $37.69 Million |
About Sealink International Bhd
Sealink International Berhad, an investment holding company, owns, builds, and operates a fleet of marine support vessels in Malaysia, Singapore, and Brazil. It operates through Chartering of Vessels, Shipbuilding, and Others segments. The company builds anchor handling tugs, landing crafts, seismic support vessels, platform support vessels, multi-support vessels, tugboats, barges, supply vessels… Read more