Solid Automotive Bhd Net Assets

Latest as of October 2025: RM240.64 Million MYR ≈ $60.42 Million USD

Solid Automotive Bhd net assets. Based on the latest financial reports, Solid Automotive Bhd (5242) has net assets worth RM240.64 Million MYR (≈ $60.42 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM331.08 Million ≈ $83.12 Million USD) and total liabilities (RM90.44 Million ≈ $22.71 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. Also explore how fast is Solid Automotive Bhd growing its equity to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM240.64 Million
% of Total Assets	72.68%
Annual Growth Rate	11.24%
5-Year Change	30.35%
10-Year Change	76.75%
Growth Volatility	14.14

Net Assets of Solid Automotive Bhd (2013–2025)

Net assets of Solid Automotive Bhd from 2013 to 2025. This chart illustrates how Solid Automotive Bhd's net assets have evolved over time, based on quarterly financial data. See Solid Automotive Bhd net asset quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Solid Automotive Bhd (2013–2025)

The table below shows the annual net assets of Solid Automotive Bhd from 2013 to 2025. For live market cap and overall valuation, see 5242 company net worth.

Year	Net Assets	Change
2025-04-30	RM237.03 Million ≈ $59.51 Million	+1.22%
2024-04-30	RM234.18 Million ≈ $58.80 Million	+19.46%
2023-04-30	RM196.03 Million ≈ $49.22 Million	+4.74%
2022-04-30	RM187.16 Million ≈ $46.99 Million	+2.92%
2021-04-30	RM181.85 Million ≈ $45.66 Million	+29.53%
2020-04-30	RM140.39 Million ≈ $35.25 Million	-0.83%
2019-04-30	RM141.56 Million ≈ $35.54 Million	+0.97%
2018-04-30	RM140.20 Million ≈ $35.20 Million	+1.24%
2017-04-30	RM138.48 Million ≈ $34.77 Million	+3.26%
2016-04-30	RM134.11 Million ≈ $33.67 Million	+36.84%
2015-04-30	RM98.00 Million ≈ $24.60 Million	+7.69%
2014-04-30	RM91.00 Million ≈ $22.85 Million	+37.88%
2013-04-30	RM66.00 Million ≈ $16.57 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Solid Automotive 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 60.7% over the analyzed period, indicating profitable operations and earnings retention.

Solid Automotive Bhd Net Assets Breakdown (April 2025)

Solid Automotive Bhd net assets breakdown by equity component as of April 2025.

Component	Amount	Percentage
Retained Earnings	RM101.27 Million	42.72%
Common Stock	RM135.76 Million	57.28%
Total Equity	RM237.03 Million	100.00%

Solid Automotive Bhd Competitors by Market Cap

The table below lists competitors of Solid Automotive Bhd ranked by their market capitalization.

Company	Market Cap
Galileo Mining Ltd AU:GAL	$13.70 Million
Reborn Coffee Inc NASDAQ:REBN	$13.71 Million
E for L Aim Public Company Limited BK:EFORL	$13.71 Million
ASIASOFT CORP.-NVDR-05 F:5ASA	$13.72 Million
Garovaglio y Zorraquin S.A. BA:GARO	$13.69 Million
Winhitech Co Ltd KQ:192390	$13.69 Million
Telefast Indonesia JK:TFAS	$13.69 Million
Wegmans Holdings Berhad KLSE:0197	$13.69 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 234,182,610 to 237,029,970, a change of 2,847,360 (1.2%).
Net income of 6,678,190 contributed positively to equity growth.
Dividend payments of 3,116,230 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM6.68 Million	+2.82%
Dividends Paid	RM3.12 Million	-1.31%
Other Changes	RM-714.60K	-0.3%
Total Change	RM-	1.22%

Book Value vs Market Value Analysis

This analysis compares Solid Automotive 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: 0.23x
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
2017-04-30	RM0.36	RM0.11	x
2018-04-30	RM0.36	RM0.11	x
2019-04-30	RM0.36	RM0.11	x
2020-04-30	RM0.35	RM0.11	x
2021-04-30	RM0.35	RM0.11	x
2022-04-30	RM0.36	RM0.11	x
2023-04-30	RM0.38	RM0.11	x
2024-04-30	RM0.45	RM0.11	x
2025-04-30	RM0.46	RM0.11	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Solid Automotive 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): 2.82%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.89%
• Asset Turnover: 1.11x
• Equity Multiplier: 1.34x
Recent ROE (2.82%) is below the historical average (4.72%), 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	10.28%	7.52%	0.97x	1.41x	RM274.15K
2016	4.26%	4.72%	0.77x	1.17x	RM-7.70 Million
2017	3.69%	4.08%	0.78x	1.16x	RM-8.74 Million
2018	1.90%	2.06%	0.77x	1.19x	RM-11.36 Million
2019	1.00%	0.85%	0.71x	1.66x	RM-12.74 Million
2020	-5.03%	-2.93%	1.02x	1.68x	RM-21.10 Million
2021	8.51%	5.09%	1.21x	1.38x	RM-2.70 Million
2022	3.56%	2.23%	1.04x	1.54x	RM-12.06 Million
2023	4.94%	2.79%	1.18x	1.50x	RM-9.91 Million
2024	16.03%	11.35%	1.04x	1.36x	RM14.12 Million
2025	2.82%	1.89%	1.11x	1.34x	RM-17.02 Million

Industry Comparison

This section compares Solid Automotive Bhd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $293,763,626
Average return on equity (ROE) among peers: 6.41%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Solid Automotive Bhd (5242)	RM240.64 Million	10.28%	0.38x	$13.69 Million
Eversafe Rubber Bhd (0190)	$56.88 Million	-6.80%	1.04x	$5.74 Million
Betamek Bhd (0263)	$80.75 Million	13.46%	0.26x	$74.61 Million
APM Automotive Holdings Bhd (5015)	$1.18 Billion	8.33%	0.27x	$127.61 Million
ABM Fujiya Bhd (5198)	$143.00 Million	2.10%	0.60x	$10.17 Million
Globaltec Formation Bhd (5220)	$255.78 Million	7.98%	0.53x	$54.73 Million
Pecca Group Bhd (5271)	$166.94 Million	11.52%	0.17x	$263.74 Million
Feytech Holdings Berhad (5322)	$217.44 Million	20.18%	0.34x	$43.40 Million
MCE Holdings Bhd (7004)	$89.64 Million	-2.13%	0.14x	$54.75 Million
New Hoong Fatt Holdings Bhd (7060)	$456.45 Million	3.07%	0.25x	$53.14 Million

About Solid Automotive Bhd

KLSE:5242 Malaysia Auto Parts

Market Cap

$13.69 Million

RM54.53 Million MYR

Market Cap Rank

#26110 Global

#768 in Malaysia

Share Price

RM0.11

Change (1 day)

+0.00%

52-Week Range

RM0.10 - RM0.15

All Time High

RM0.75