Globaltec Formation Bhd
Globaltec Formation Berhad, an investment holding company, provides integrated manufacturing services (IMS). The company operates through IMS, Resources, and Energy segments. It manufactures precision metal stamping; precision machining and assembly of radio frequency microwave, photonics and medical components; design and fabrication of precision tooling and automation equipment; and injection m… Read more
Globaltec Formation Bhd (5220) - Net Assets
Latest net assets as of September 2025: RM274.55 Million MYR
Based on the latest financial reports, Globaltec Formation Bhd (5220) has net assets worth RM274.55 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 (RM414.99 Million) and total liabilities (RM140.44 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 | RM274.55 Million |
| % of Total Assets | 66.16% |
| Annual Growth Rate | -3.32% |
| 5-Year Change | 7.41% |
| 10-Year Change | -4.51% |
| Growth Volatility | 8.62 |
Globaltec Formation Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Globaltec Formation 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 Globaltec Formation Bhd (2012–2025)
The table below shows the annual net assets of Globaltec Formation Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM274.72 Million | -2.42% |
| 2024-06-30 | RM281.52 Million | +0.10% |
| 2023-06-30 | RM281.25 Million | +4.49% |
| 2022-06-30 | RM269.17 Million | +5.24% |
| 2021-06-30 | RM255.78 Million | +7.21% |
| 2020-06-30 | RM238.57 Million | +2.25% |
| 2019-06-30 | RM233.32 Million | -5.30% |
| 2018-06-30 | RM246.38 Million | -10.81% |
| 2017-06-30 | RM276.24 Million | -3.98% |
| 2016-06-30 | RM287.70 Million | -26.04% |
| 2015-06-30 | RM389.00 Million | +5.14% |
| 2014-06-30 | RM370.00 Million | -8.64% |
| 2013-06-30 | RM405.00 Million | -4.93% |
| 2012-06-30 | RM426.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Globaltec Formation 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 1300100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM643.67 Million | 234.30% |
| Total Equity | RM274.72 Million | 100.00% |
Globaltec Formation Bhd Competitors by Market Cap
The table below lists competitors of Globaltec Formation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHL Consolidated Bhd
KLSE:6017
|
$23.80 Million |
|
Jin Yang Pharmaceutical Co. Ltd
KQ:007370
|
$23.80 Million |
|
Ekarat Engineering Public Company Limited
BK:AKR
|
$23.80 Million |
|
Victory New Materials Ltd Co
TW:1340
|
$23.81 Million |
|
HORNG SHIUE HOLDING Co Ltd
TW:2243
|
$23.79 Million |
|
American Creek Resources Ltd
OTCQB:ACKRF
|
$23.79 Million |
|
Jorjin Technologies
TWO:4980
|
$23.79 Million |
|
Claranova SE
PA:CLA
|
$23.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Globaltec Formation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 281,523,000 to 274,722,000, a change of -6,801,000 (-2.4%).
- Net income of 9,432,000 contributed positively to equity growth.
- Dividend payments of 1,884,000 reduced retained earnings.
- Share repurchases of 1,485,000 reduced equity.
- New share issuances of 1,485,000 increased equity.
- Other factors decreased equity by 14,349,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM9.43 Million | +3.43% |
| Dividends Paid | RM1.88 Million | -0.69% |
| Share Repurchases | RM1.49 Million | -0.54% |
| Share Issuances | RM1.49 Million | +0.54% |
| Other Changes | RM-14.35 Million | -5.22% |
| Total Change | RM- | -2.42% |
Book Value vs Market Value Analysis
This analysis compares Globaltec Formation 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: 0.97x
- 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 |
|---|---|---|---|
| 2016-06-30 | RM1.07 | RM0.99 | x |
| 2017-06-30 | RM1.03 | RM0.99 | x |
| 2018-06-30 | RM0.92 | RM0.99 | x |
| 2019-06-30 | RM0.87 | RM0.99 | x |
| 2020-06-30 | RM0.89 | RM0.99 | x |
| 2021-06-30 | RM0.95 | RM0.99 | x |
| 2022-06-30 | RM1.00 | RM0.99 | x |
| 2023-06-30 | RM1.05 | RM0.99 | x |
| 2024-06-30 | RM1.05 | RM0.99 | x |
| 2025-06-30 | RM1.02 | RM0.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Globaltec Formation 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): 3.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.78%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.51x
- Recent ROE (3.43%) is above the historical average (-0.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -5.99% | -7.67% | 0.46x | 1.69x | RM-46.01 Million |
| 2017 | -3.46% | -5.40% | 0.41x | 1.57x | RM-37.18 Million |
| 2018 | -8.26% | -10.45% | 0.53x | 1.49x | RM-44.99 Million |
| 2019 | -8.30% | -8.91% | 0.60x | 1.55x | RM-42.70 Million |
| 2020 | 0.98% | 1.43% | 0.45x | 1.52x | RM-21.51 Million |
| 2021 | 7.98% | 12.66% | 0.41x | 1.53x | RM-5.18 Million |
| 2022 | 6.16% | 8.99% | 0.45x | 1.51x | RM-10.35 Million |
| 2023 | 3.61% | 4.82% | 0.50x | 1.51x | RM-17.96 Million |
| 2024 | 2.65% | 3.93% | 0.44x | 1.52x | RM-20.69 Million |
| 2025 | 3.43% | 5.78% | 0.39x | 1.51x | RM-18.04 Million |
Industry Comparison
This section compares Globaltec Formation Bhd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $221,433,563
- Average return on equity (ROE) among peers: 16.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Globaltec Formation Bhd (5220) | RM274.55 Million | -5.99% | 0.51x | $23.80 Million |
| Eversafe Rubber Bhd (0190) | $65.06 Million | 4.25% | 0.76x | $1.20 Million |
| Betamek Bhd (0263) | $86.96 Million | 14.04% | 0.45x | $11.01 Million |
| KHPT Holdings Berhad (0322) | $28.09 Million | 31.32% | 1.02x | $2.10 Million |
| MSB Global Group Berhad (0350) | $38.18 Million | 49.46% | 0.54x | $3.62 Million |
| APM Automotive Holdings Bhd (5015) | $1.23 Billion | 3.18% | 0.34x | $36.74 Million |
| ABM Fujiya Bhd (5198) | $159.98 Million | 1.16% | 0.62x | $814.00K |
| Solid Automotive Bhd (5242) | $141.56 Million | 1.00% | 0.66x | $5.00 Million |
| Pecca Group Bhd (5271) | $156.93 Million | 9.26% | 0.16x | $66.22 Million |
| Feytech Holdings Berhad (5322) | $85.48 Million | 32.28% | 0.71x | $13.02 Million |