Reach Energy Bhd
Reach Energy Berhad, an investment holding company, engages in the exploration, development, production, and sale of crude oil and other petroleum products in the Republic of Kazakhstan, Malaysia, and internationally. The company holds a 100% working interest in the Emir-Oil concession block covering an area of approximately 850.3 square kilometers located in the Mangystau Oblast in the southwest… Read more
Reach Energy Bhd (5256) - Net Assets
Latest net assets as of December 2024: RM57.98 Million MYR
Based on the latest financial reports, Reach Energy Bhd (5256) has net assets worth RM57.98 Million MYR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM861.30 Million) and total liabilities (RM803.32 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 | RM57.98 Million |
| % of Total Assets | 6.73% |
| Annual Growth Rate | 30.89% |
| 5-Year Change | -83.81% |
| 10-Year Change | 99.93% |
| Growth Volatility | 710.8 |
Reach Energy Bhd - Net Assets Trend (2013–2024)
This chart illustrates how Reach Energy 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 Reach Energy Bhd (2013–2024)
The table below shows the annual net assets of Reach Energy Bhd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM57.98 Million | -23.95% |
| 2023-12-31 | RM76.24 Million | -31.50% |
| 2022-12-31 | RM111.29 Million | -63.29% |
| 2021-12-31 | RM303.20 Million | -15.31% |
| 2020-12-31 | RM358.02 Million | -25.56% |
| 2019-12-31 | RM480.98 Million | -30.46% |
| 2018-12-31 | RM691.66 Million | +4.36% |
| 2017-12-31 | RM662.74 Million | -13.11% |
| 2016-12-31 | RM762.70 Million | +2529.99% |
| 2015-12-31 | RM29.00 Million | +7.41% |
| 2015-07-31 | RM27.00 Million | +22.73% |
| 2014-12-31 | RM22.00 Million | +633.33% |
| 2013-12-31 | RM3.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reach Energy 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 300.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM716.55 Million | 430.41% |
| Total Equity | RM166.48 Million | 100.00% |
Reach Energy Bhd Competitors by Market Cap
The table below lists competitors of Reach Energy Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CRTMF
OTCQB:CRTMF
|
$674.96K |
|
CTS EVENTIM - Dusseldorf Stock Exchang
DU:EVD
|
$675.70K |
|
STRATEC Biomedical AG
PINK:SRBZF
|
$675.78K |
|
VIA OPTRONICS AG SP.ADS/1
F:5UU1
|
$676.14K |
|
KATORO GOLD PLC LS-01
F:622
|
$674.27K |
|
Octava Minerals Ltd
AU:OCT
|
$674.15K |
|
Brimstone Investment Corporation Ltd
JSE:BRT
|
$674.05K |
|
WOLTERS KLUWER - Dusseldorf Stock Exchang
DU:WOSB
|
$673.91K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reach Energy Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 183,697,000 to 166,482,000, a change of -17,215,000 (-9.4%).
- Net loss of 18,113,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-18.11 Million | -10.88% |
| Other Changes | RM898.00K | +0.54% |
| Total Change | RM- | -9.37% |
Book Value vs Market Value Analysis
This analysis compares Reach Energy 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: 0.06x
- 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 | RM0.70 | RM0.01 | x |
| 2017-12-31 | RM0.60 | RM0.01 | x |
| 2018-12-31 | RM0.63 | RM0.01 | x |
| 2019-12-31 | RM0.44 | RM0.01 | x |
| 2020-12-31 | RM0.33 | RM0.01 | x |
| 2021-12-31 | RM0.28 | RM0.01 | x |
| 2022-12-31 | RM0.10 | RM0.01 | x |
| 2023-12-31 | RM0.09 | RM0.01 | x |
| 2024-12-31 | RM0.08 | RM0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reach Energy 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): -10.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.72%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 5.17x
- Recent ROE (-10.88%) is above the historical average (-38.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.83% | 754.26% | 0.01x | 2.55x | RM36.82 Million |
| 2017 | -13.25% | -55.91% | 0.10x | 2.49x | RM-154.11 Million |
| 2018 | -6.03% | -18.94% | 0.13x | 2.42x | RM-110.89 Million |
| 2019 | -26.70% | -75.17% | 0.11x | 3.13x | RM-176.50 Million |
| 2020 | -35.94% | -161.79% | 0.06x | 3.64x | RM-164.49 Million |
| 2021 | -17.62% | -35.44% | 0.11x | 4.52x | RM-83.73 Million |
| 2022 | -141.24% | -92.76% | 0.13x | 11.28x | RM-168.32 Million |
| 2023 | -113.39% | -99.82% | 0.24x | 4.81x | RM-226.66 Million |
| 2024 | -10.88% | -8.72% | 0.24x | 5.17x | RM-34.76 Million |
Industry Comparison
This section compares Reach Energy Bhd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $-1,204,771
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reach Energy Bhd (5256) | RM57.98 Million | 14.83% | 13.85x | $674.92K |
| Hibiscus Petroleum BHD (5199) | $-1.20 Million | 0.00% | 0.00x | $240.67 Million |