Turbo Mech Bhd (5167) - Net Assets
Based on the latest financial reports, Turbo Mech Bhd (5167) has net assets worth RM118.42 Million MYR (≈ $29.73 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 (RM130.28 Million ≈ $32.71 Million USD) and total liabilities (RM11.86 Million ≈ $2.98 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 5167 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM118.42 Million |
| % of Total Assets | 90.9% |
| Annual Growth Rate | 4.01% |
| 5-Year Change | 3.14% |
| 10-Year Change | 19.03% |
| Growth Volatility | 5.17 |
Turbo Mech Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Turbo Mech Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Turbo Mech Bhd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Turbo Mech Bhd (2012–2025)
The table below shows the annual net assets of Turbo Mech Bhd from 2012 to 2025. For live valuation and market cap data, see market value of Turbo Mech Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM118.42 Million ≈ $29.73 Million |
-2.90% |
| 2024-12-31 | RM121.96 Million ≈ $30.62 Million |
-4.56% |
| 2023-12-31 | RM127.79 Million ≈ $32.08 Million |
+7.37% |
| 2022-12-31 | RM119.01 Million ≈ $29.88 Million |
+3.65% |
| 2021-12-31 | RM114.82 Million ≈ $28.83 Million |
+2.68% |
| 2020-12-31 | RM111.83 Million ≈ $28.08 Million |
+3.37% |
| 2019-12-31 | RM108.19 Million ≈ $27.16 Million |
+1.95% |
| 2018-12-31 | RM106.12 Million ≈ $26.64 Million |
+5.55% |
| 2017-12-31 | RM100.54 Million ≈ $25.24 Million |
+1.05% |
| 2016-12-31 | RM99.49 Million ≈ $24.98 Million |
+1.52% |
| 2015-12-31 | RM98.00 Million ≈ $24.60 Million |
+13.95% |
| 2014-12-31 | RM86.00 Million ≈ $21.59 Million |
+13.16% |
| 2013-12-31 | RM76.00 Million ≈ $19.08 Million |
+7.04% |
| 2012-12-31 | RM71.00 Million ≈ $17.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Turbo Mech 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 69.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM42.43 Million | 35.84% |
| Other Components | RM75.95 Million | 64.16% |
| Total Equity | RM118.38 Million | 100.00% |
Turbo Mech Bhd Competitors by Market Cap
The table below lists competitors of Turbo Mech Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Euromedis Groupe SA
PA:ALEMG
|
$14.10 Million |
|
Millennium Pharmacon International
JK:SDPC
|
$14.11 Million |
|
Les Hôtels de Paris SA
PA:HDP
|
$14.11 Million |
|
RECYCLICO BATTERY METALS
F:ID4
|
$14.11 Million |
|
Bodycote PLC
LSE:BOY
|
$14.10 Million |
|
Iconic Minerals Ltd
V:ICM
|
$14.09 Million |
|
Marvel Gold Ltd
AU:MVL
|
$14.09 Million |
|
Gaming Corps AB
ST:GCOR
|
$14.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turbo Mech Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 121,956,530 to 118,380,000, a change of -3,576,530 (-2.9%).
- Net income of 784,000 contributed positively to equity growth.
- Dividend payments of 540,000 reduced retained earnings.
- Other factors decreased equity by 3,820,530.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM784.00K | +0.66% |
| Dividends Paid | RM540.00K | -0.46% |
| Other Changes | RM-3.82 Million | -3.23% |
| Total Change | RM- | -2.93% |
Book Value vs Market Value Analysis
This analysis compares Turbo Mech 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: 0.47x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.92 | RM0.52 | x |
| 2017-12-31 | RM0.93 | RM0.52 | x |
| 2018-12-31 | RM0.98 | RM0.52 | x |
| 2019-12-31 | RM1.00 | RM0.52 | x |
| 2020-12-31 | RM1.04 | RM0.52 | x |
| 2021-12-31 | RM1.06 | RM0.52 | x |
| 2022-12-31 | RM1.10 | RM0.52 | x |
| 2023-12-31 | RM1.18 | RM0.52 | x |
| 2024-12-31 | RM1.13 | RM0.52 | x |
| 2025-12-31 | RM1.10 | RM0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turbo Mech 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): 0.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.03%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.10x
- Recent ROE (0.66%) is below the historical average (3.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 8.19% | 22.22% | 0.31x | 1.18x | RM-1.77 Million |
| 2016 | 4.20% | 10.43% | 0.33x | 1.22x | RM-5.77 Million |
| 2017 | 3.08% | 6.86% | 0.41x | 1.10x | RM-6.96 Million |
| 2018 | 6.17% | 15.99% | 0.36x | 1.06x | RM-4.07 Million |
| 2019 | 2.77% | 6.16% | 0.40x | 1.14x | RM-7.82 Million |
| 2020 | 4.81% | 10.89% | 0.40x | 1.11x | RM-5.80 Million |
| 2021 | 4.39% | 11.80% | 0.33x | 1.12x | RM-6.44 Million |
| 2022 | 1.47% | 3.56% | 0.38x | 1.10x | RM-10.15 Million |
| 2023 | 2.40% | 7.23% | 0.31x | 1.08x | RM-9.72 Million |
| 2024 | 0.79% | 2.31% | 0.32x | 1.08x | RM-11.23 Million |
| 2025 | 0.66% | 2.03% | 0.30x | 1.10x | RM-11.05 Million |
Industry Comparison
This section compares Turbo Mech Bhd's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $316,765,054
- Average return on equity (ROE) among peers: 0.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Turbo Mech Bhd (5167) | RM118.42 Million | 8.19% | 0.10x | $14.10 Million |
| Nexgram Holdings Bhd (0096) | $91.89 Million | -16.79% | 0.65x | $6.14 Million |
| UNITRAD (0247) | $329.77 Million | 4.67% | 1.79x | $94.17 Million |
| Yew Lee Pacific Group Berhad (0248) | $74.43 Million | 0.38% | 0.07x | $80.18 Million |
| Harrisons Holdings (Malaysia) (5008) | $292.00 Million | 5.14% | 1.17x | $109.17 Million |
| Knusford Bhd (5035) | $219.35 Million | -1.06% | 1.01x | $9.38 Million |
| Engtex Group Bhd (5056) | $795.86 Million | 4.08% | 0.93x | $103.34 Million |
| DKSH Holdings Malaysia Berhad (5908) | $568.15 Million | 9.17% | 2.30x | $225.23 Million |
| UMS Holdings Bhd (7137) | $162.67 Million | 0.84% | 0.03x | $18.90 Million |
About Turbo Mech Bhd
Turbo-Mech Berhad, an investment holding company, engages in sale of rotating equipment and spare parts for the oil and gas, petrochemical, and chemical industries in Malaysia, Singapore, Indonesia, the Philippines, Thailand, Vietnam, Brunei, and internationally. The company offers pumps, compressors, and turbines. The company provides maintenance and overhaul services. It also provides pump perf… Read more