Carimin Petroleum Bhd
Carimin Petroleum Berhad, an investment holding company, provides technical and engineering support services for upstream oil and gas companies in Malaysia. The company operates through Manpower Services; Construction, Offshore Hook Up and Commissioning and Topside Major Maintenance; Marine Services; Civil Construction; and Others segments. It offers offshore hook up and commissioning on producti… Read more
Carimin Petroleum Bhd (5257) - Net Assets
Latest net assets as of September 2025: RM226.73 Million MYR
Based on the latest financial reports, Carimin Petroleum Bhd (5257) has net assets worth RM226.73 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 (RM362.99 Million) and total liabilities (RM136.26 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 | RM226.73 Million |
| % of Total Assets | 62.46% |
| Annual Growth Rate | 9.57% |
| 5-Year Change | 28.93% |
| 10-Year Change | 38.84% |
| Growth Volatility | 15.8 |
Carimin Petroleum Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Carimin Petroleum 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 Carimin Petroleum Bhd (2012–2025)
The table below shows the annual net assets of Carimin Petroleum Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM226.40 Million | -0.41% |
| 2024-06-30 | RM227.34 Million | +17.28% |
| 2023-06-30 | RM193.84 Million | +13.92% |
| 2022-06-30 | RM170.16 Million | -3.10% |
| 2021-06-30 | RM175.60 Million | +7.52% |
| 2020-06-30 | RM163.32 Million | +3.26% |
| 2019-06-30 | RM158.16 Million | +17.39% |
| 2018-06-30 | RM134.73 Million | -15.87% |
| 2017-06-30 | RM160.14 Million | -1.80% |
| 2016-06-30 | RM163.07 Million | +2.16% |
| 2015-06-30 | RM159.61 Million | +48.59% |
| 2014-06-30 | RM107.42 Million | +24.91% |
| 2013-06-30 | RM86.00 Million | +24.64% |
| 2012-06-30 | RM69.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carimin Petroleum 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 54.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM156.91 Million | 69.59% |
| Common Stock | RM149.38 Million | 66.26% |
| Total Equity | RM225.46 Million | 100.00% |
Carimin Petroleum Bhd Competitors by Market Cap
The table below lists competitors of Carimin Petroleum Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jayshree Tea & Industries Limited
NSE:JAYSREETEA
|
$11.97 Million |
|
Park Ha Biological Technology Co., Ltd.
NASDAQ:BYAH
|
$11.97 Million |
|
BMG Resources Ltd
AU:BMG
|
$11.98 Million |
|
KLA-TENCOR - Dusseldorf Stock Exchang
DU:KLA
|
$11.98 Million |
|
Prologue S.A.
LSE:0FPJ
|
$11.96 Million |
|
Yulchon Co., Ltd
KQ:146060
|
$11.96 Million |
|
Chumpower Machinery Corp
TWO:4575
|
$11.96 Million |
|
CGEH
PINK:CGEH
|
$11.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carimin Petroleum Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 227,281,000 to 225,456,000, a change of -1,825,000 (-0.8%).
- Net income of 1,684,000 contributed positively to equity growth.
- Dividend payments of 3,508,000 reduced retained earnings.
- Share repurchases of 33,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.68 Million | +0.75% |
| Dividends Paid | RM3.51 Million | -1.56% |
| Share Repurchases | RM33.00K | -0.01% |
| Other Changes | RM32.00K | +0.01% |
| Total Change | RM- | -0.80% |
Book Value vs Market Value Analysis
This analysis compares Carimin Petroleum 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: 0.52x
- 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 1.10x to 0.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-06-30 | RM0.46 | RM0.51 | x |
| 2015-06-30 | RM0.75 | RM0.51 | x |
| 2016-06-30 | RM0.70 | RM0.51 | x |
| 2017-06-30 | RM0.68 | RM0.51 | x |
| 2018-06-30 | RM0.57 | RM0.51 | x |
| 2019-06-30 | RM0.67 | RM0.51 | x |
| 2020-06-30 | RM0.70 | RM0.51 | x |
| 2021-06-30 | RM0.75 | RM0.51 | x |
| 2022-06-30 | RM0.73 | RM0.51 | x |
| 2023-06-30 | RM0.83 | RM0.51 | x |
| 2024-06-30 | RM0.97 | RM0.51 | x |
| 2025-06-30 | RM0.96 | RM0.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carimin Petroleum 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): 0.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.73%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.60x
- Recent ROE (0.75%) is below the historical average (5.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 20.39% | 8.92% | 1.20x | 1.90x | RM11.16 Million |
| 2015 | -5.17% | -5.05% | 0.52x | 1.98x | RM-24.21 Million |
| 2016 | 2.12% | 2.79% | 0.45x | 1.69x | RM-12.85 Million |
| 2017 | -2.68% | -3.69% | 0.43x | 1.68x | RM-20.15 Million |
| 2018 | -19.03% | -17.97% | 0.59x | 1.81x | RM-38.73 Million |
| 2019 | 17.61% | 6.27% | 1.22x | 2.30x | RM11.96 Million |
| 2020 | 7.92% | 3.46% | 1.18x | 1.94x | RM-3.41 Million |
| 2021 | 7.58% | 8.06% | 0.57x | 1.65x | RM-4.25 Million |
| 2022 | 3.85% | 2.87% | 0.80x | 1.68x | RM-10.45 Million |
| 2023 | 11.84% | 9.01% | 0.92x | 1.42x | RM3.56 Million |
| 2024 | 18.84% | 13.78% | 0.90x | 1.52x | RM20.08 Million |
| 2025 | 0.75% | 0.73% | 0.64x | 1.60x | RM-20.86 Million |
Industry Comparison
This section compares Carimin Petroleum Bhd's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $580,118,830
- Average return on equity (ROE) among peers: -9.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carimin Petroleum Bhd (5257) | RM226.73 Million | 20.39% | 0.60x | $11.96 Million |
| Reservoir Link Energy Bhd (0219) | $21.17 Million | 15.37% | 0.78x | $9.11 Million |
| Ocean Vantage Holdings Bhd (0220) | $49.81 Million | 14.69% | 0.16x | $6.73 Million |
| Coastal Contracts Bhd (5071) | $1.09 Billion | -9.67% | 0.43x | $42.02 Million |
| Marine & General Bhd (5078) | $41.82 Million | -118.68% | 21.95x | $26.88 Million |
| Alam Maritim Resources Bhd (5115) | $-87.52 Million | 0.00% | 0.00x | $14.09 Million |
| Deleum Bhd (5132) | $358.25 Million | 4.76% | 0.70x | $34.93 Million |
| Petra Energy Bhd (5133) | $547.00 Million | 8.59% | 1.02x | $14.09 Million |
| Dayang Enterprise Holdings Bhd (5141) | $372.71 Million | 18.17% | 0.47x | $274.52 Million |
| Wah Seong Corporation Bhd (5142) | $775.89 Million | -29.42% | 2.36x | $84.25 Million |
| Malaysia Marine and Heavy Engineering Holdings Bhd (5186) | $2.64 Billion | 4.93% | 0.69x | $28.06 Million |