Gabungan AQRS Bhd

KLSE:5226 Malaysia Engineering & Construction
Market Cap
$17.47 Million
RM78.70 Million MYR
Market Cap Rank
#28574 Global
#531 in Malaysia
Share Price
RM0.15
Change (1 day)
-3.33%
52-Week Range
RM0.14 - RM0.23
All Time High
RM1.95
Categories
Companies in Malaysia Engineering & Construction
About

Gabungan AQRS Berhad, an investment holding company, engages in development and construction of property in Malaysia. The company operates through Construction, Property Development, and Other segments. It undertakes multiple building and civil engineering projects, such as high-rise buildings, residential and commercial developments, infrastructure, and transportation projects. The company also … Read more

Gabungan AQRS Bhd (5226) - Net Assets

Latest net assets as of September 2025: RM504.57 Million MYR

Based on the latest financial reports, Gabungan AQRS Bhd (5226) has net assets worth RM504.57 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 (RM1.41 Billion) and total liabilities (RM900.69 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 RM504.57 Million
% of Total Assets 35.91%
Annual Growth Rate 11.43%
5-Year Change 10.7%
10-Year Change 56.66%
Growth Volatility 22.21

Gabungan AQRS Bhd - Net Assets Trend (2011–2024)

This chart illustrates how Gabungan AQRS 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 Gabungan AQRS Bhd (2011–2024)

The table below shows the annual net assets of Gabungan AQRS Bhd from 2011 to 2024.

Year Net Assets Change
2024-12-31 RM505.11 Million -2.88%
2023-12-31 RM520.07 Million +3.69%
2022-12-31 RM501.57 Million +3.81%
2021-12-31 RM483.16 Million +5.89%
2020-12-31 RM456.27 Million -11.45%
2019-12-31 RM515.26 Million +7.92%
2018-12-31 RM477.45 Million +0.48%
2017-12-31 RM475.15 Million +35.52%
2016-12-31 RM350.62 Million +8.74%
2015-12-31 RM322.43 Million -5.40%
2014-12-31 RM340.85 Million +30.02%
2013-12-31 RM262.15 Million +20.50%
2012-12-31 RM217.56 Million +75.86%
2011-12-31 RM123.71 Million --

Equity Component Analysis

This analysis shows how different components contribute to Gabungan AQRS 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 205.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings RM149.44 Million 29.67%
Common Stock RM355.61 Million 70.61%
Total Equity RM503.62 Million 100.00%

Gabungan AQRS Bhd Competitors by Market Cap

The table below lists competitors of Gabungan AQRS Bhd ranked by their market capitalization.

Company Market Cap
Universal Security Instruments Inc
NYSE MKT:UUU
 		$9.85 Million
OPPSTAR
KLSE:0275
 		$9.86 Million
Canna Global Acquisition Corp
NYSE:CNGL
 		$9.86 Million
Setco Automotive Limited
NSE:SETCO
 		$9.86 Million
Hydrotek Public Company Limited
BK:HYDRO
 		$9.85 Million
CSLM Acquisition Corp.
PINK:CSLUF
 		$9.85 Million
Cs Holdings
KO:000590
 		$9.85 Million
Etiler İnci Bufe Gida Sanayi ve Dis Ticaret AS
IS:ETILR
 		$9.84 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gabungan AQRS Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 518,493,352 to 503,621,000, a change of -14,872,352 (-2.9%).
  • Net loss of 14,871,000 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM-14.87 Million -2.95%
Other Changes RM-1.35K -0.0%
Total Change RM- -2.87%

Book Value vs Market Value Analysis

This analysis compares Gabungan AQRS 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: 0.16x
  • 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 0.43x to 0.16x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 RM0.33 RM0.15 x
2012-12-31 RM0.65 RM0.15 x
2013-12-31 RM0.68 RM0.15 x
2014-12-31 RM0.84 RM0.15 x
2015-12-31 RM0.81 RM0.15 x
2016-12-31 RM0.86 RM0.15 x
2017-12-31 RM0.84 RM0.15 x
2018-12-31 RM0.79 RM0.15 x
2019-12-31 RM0.84 RM0.15 x
2020-12-31 RM0.91 RM0.15 x
2021-12-31 RM0.74 RM0.15 x
2022-12-31 RM0.75 RM0.15 x
2023-12-31 RM0.96 RM0.15 x
2024-12-31 RM0.93 RM0.15 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gabungan AQRS 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): -2.95%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.02%
  • • Asset Turnover: 0.18x
  • • Equity Multiplier: 2.74x
  • Recent ROE (-2.95%) is below the historical average (8.03%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 40.72% 21.03% 0.58x 3.34x RM37.56 Million
2012 10.03% 6.76% 0.66x 2.26x RM72.10K
2013 17.05% 10.54% 0.61x 2.64x RM17.72 Million
2014 15.90% 9.91% 0.64x 2.51x RM19.64 Million
2015 -3.01% -3.55% 0.28x 3.02x RM-41.79 Million
2016 6.58% 6.86% 0.34x 2.84x RM-11.74 Million
2017 10.29% 10.23% 0.42x 2.42x RM1.37 Million
2018 12.97% 10.46% 0.41x 3.00x RM14.03 Million
2019 7.13% 8.77% 0.28x 2.91x RM-14.61 Million
2020 -11.97% -26.61% 0.15x 2.98x RM-98.78 Million
2021 3.28% 4.76% 0.24x 2.91x RM-32.34 Million
2022 4.05% 5.99% 0.25x 2.73x RM-29.75 Million
2023 2.41% 4.39% 0.23x 2.41x RM-39.36 Million
2024 -2.95% -6.02% 0.18x 2.74x RM-65.23 Million

Industry Comparison

This section compares Gabungan AQRS Bhd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $122,625,026
  • Average return on equity (ROE) among peers: 10.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gabungan AQRS Bhd (5226) RM504.57 Million 40.72% 1.79x $9.85 Million
Southern Score Builders Berhad (0045) $185.91 Million 21.63% 0.66x $100.69 Million
Mega Sun City Holdings Bhd (0081) $63.83 Million 5.86% 0.08x $774.65K
Waja Konsortium Bhd (0102) $41.21 Million 2.11% 0.40x $3.75 Million
Kelington Group Bhd (0151) $21.62 Million 30.56% 1.09x $533.88 Million
Widad Group Bhd (0162) $456.36 Million -3.64% 1.38x $3.73 Million
Pasukhas Group Bhd (0177) $74.27 Million -9.78% 1.27x $1.72 Million
HSS Engineers Bhd (0185) $227.91 Million 1.33% 0.61x $19.35 Million
Cabnet Holdings Bhd (0191) $44.67 Million 2.71% 1.17x $1.84 Million
Inta Bina Group Bhd (0192) $99.86 Million 15.42% 1.52x $19.05 Million
Kejuruteraan Asastera Bhd (0193) $10.62 Million 42.83% 4.18x $86.27 Million