Seremban Engineering Bhd
Seremban Engineering Berhad engages in the manufacture, sales, and fabrication of process equipment and steel structures in Europe, Malaysia, Singapore, and the rest of Asia. It is involved in the design, fabrication, and installation of unfired pressure vessels, reactors, towers and columns, heat exchangers, oil heaters, and deodorisers, as well as receiver, storage, and mixing tanks. The compan… Read more
Seremban Engineering Bhd (5163) - Net Assets
Latest net assets as of September 2025: RM38.69 Million MYR
Based on the latest financial reports, Seremban Engineering Bhd (5163) has net assets worth RM38.69 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM164.99 Million) and total liabilities (RM126.30 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 | RM38.69 Million |
| % of Total Assets | 23.45% |
| Annual Growth Rate | -4.42% |
| 5-Year Change | 57.06% |
| 10-Year Change | 50.38% |
| Growth Volatility | 20.07 |
Seremban Engineering Bhd - Net Assets Trend (2013–2025)
This chart illustrates how Seremban Engineering 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 Seremban Engineering Bhd (2013–2025)
The table below shows the annual net assets of Seremban Engineering Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM38.38 Million | +2.95% |
| 2024-06-30 | RM37.28 Million | +8.98% |
| 2023-06-30 | RM34.21 Million | +15.62% |
| 2022-06-30 | RM29.59 Million | +21.08% |
| 2021-06-30 | RM24.43 Million | +11.96% |
| 2020-06-30 | RM21.82 Million | +17.56% |
| 2019-06-30 | RM18.56 Million | -18.92% |
| 2018-06-30 | RM22.89 Million | -23.79% |
| 2017-06-30 | RM30.04 Million | +17.72% |
| 2016-06-30 | RM25.52 Million | -42.00% |
| 2015-12-31 | RM44.00 Million | -30.16% |
| 2015-06-30 | RM63.00 Million | -10.00% |
| 2014-06-30 | RM70.00 Million | +6.06% |
| 2013-06-30 | RM66.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seremban Engineering 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 144.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM45.58 Million | 118.78% |
| Total Equity | RM38.38 Million | 100.00% |
Seremban Engineering Bhd Competitors by Market Cap
The table below lists competitors of Seremban Engineering Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Golden Share Resources Corp
V:GSH
|
$1.36 Million |
|
Alerio Gold Corp
PINK:ALEEF
|
$1.36 Million |
|
Galore Resources Inc
OTCQB:GALOF
|
$1.36 Million |
|
Global Service Center Public Company Limited
BK:GSC
|
$1.36 Million |
|
WANLF
PINK:WANLF
|
$1.36 Million |
|
Agiliti Inc
PINK:AGLY
|
$1.36 Million |
|
Madhucon Projects Limited
NSE:MADHUCON
|
$1.36 Million |
|
Master Drilling Group Ltd
JSE:MDI
|
$1.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seremban Engineering Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 37,277,550 to 38,377,330, a change of 1,099,780 (3.0%).
- Net income of 1,099,790 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.10 Million | +2.87% |
| Other Changes | RM-10.00 | -0.0% |
| Total Change | RM- | 2.95% |
Book Value vs Market Value Analysis
This analysis compares Seremban Engineering 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: 1.33x
- 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 2.00x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM0.32 | RM0.64 | x |
| 2017-06-30 | RM0.38 | RM0.64 | x |
| 2018-06-30 | RM0.29 | RM0.64 | x |
| 2019-06-30 | RM0.23 | RM0.64 | x |
| 2020-06-30 | RM0.27 | RM0.64 | x |
| 2021-06-30 | RM0.31 | RM0.64 | x |
| 2022-06-30 | RM0.37 | RM0.64 | x |
| 2023-06-30 | RM0.43 | RM0.64 | x |
| 2024-06-30 | RM0.47 | RM0.64 | x |
| 2025-06-30 | RM0.48 | RM0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seremban Engineering 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): 2.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.82%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 4.38x
- Recent ROE (2.87%) is above the historical average (-10.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -9.73% | -4.88% | 0.74x | 2.69x | RM-12.17 Million |
| 2016 | -141.72% | -24.66% | 1.23x | 4.68x | RM-38.72 Million |
| 2017 | 15.05% | 4.99% | 0.81x | 3.74x | RM1.52 Million |
| 2018 | -21.53% | -6.97% | 0.77x | 4.02x | RM-7.22 Million |
| 2019 | -23.33% | -6.54% | 0.83x | 4.31x | RM-6.19 Million |
| 2020 | 14.94% | 4.46% | 0.80x | 4.19x | RM1.08 Million |
| 2021 | 10.68% | 2.79% | 0.88x | 4.35x | RM167.37K |
| 2022 | 17.41% | 2.65% | 1.62x | 4.04x | RM2.19 Million |
| 2023 | 13.51% | 1.68% | 1.58x | 5.08x | RM1.20 Million |
| 2024 | 8.24% | 1.04% | 1.46x | 5.42x | RM-657.52K |
| 2025 | 2.87% | 0.82% | 0.80x | 4.38x | RM-2.74 Million |
Industry Comparison
This section compares Seremban Engineering Bhd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $111,041,740
- Average return on equity (ROE) among peers: 22.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seremban Engineering Bhd (5163) | RM38.69 Million | -9.73% | 3.26x | $1.36 Million |
| Mestron Holdings (0207) | $133.18 Million | 8.22% | 0.51x | $13.22 Million |
| Volcano Bhd (0232) | $67.65 Million | 7.07% | 0.10x | $2.97 Million |
| CEKD Bhd (0238) | $37.51 Million | 16.10% | 0.45x | $2.22 Million |
| Coraza Integrated Technology Bhd (0240) | $24.62 Million | 14.02% | 0.86x | $22.53 Million |
| SFP Tech Holdings Bhd (0251) | $197.22 Million | 19.84% | 0.48x | $15.02 Million |
| Wentel Engineering Holdings Berhad (0298) | $67.39 Million | 18.41% | 0.37x | $15.04 Million |
| Chemlite Innovation Berhad (0348) | $10.17 Million | 88.53% | 2.12x | $7.81 Million |
| Uwc Bhd (5292) | $304.78 Million | 30.03% | 0.18x | $374.15 Million |
| APB Resources Bhd (5568) | $156.86 Million | -0.79% | 0.07x | $2.25 Million |