EA Technique M Bhd
Avangaad Berhad owns and operates marine vessels for the transportation and offshore storage of oil and gas in Malaysia. The company offers offshore storage of oil and gas product tankers that are built to transport refined petroleum products to end-users or other refineries for further processing; floating storage unit/ Offloading (FSU/FSO), a support services for production platforms, including… Read more
EA Technique M Bhd (5259) - Net Assets
Latest net assets as of December 2025: RM337.83 Million MYR
Based on the latest financial reports, EA Technique M Bhd (5259) has net assets worth RM337.83 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM485.22 Million) and total liabilities (RM147.39 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 | RM337.83 Million |
| % of Total Assets | 69.62% |
| Annual Growth Rate | 7.88% |
| 5-Year Change | 1834.51% |
| 10-Year Change | 23.39% |
| Growth Volatility | 116.08 |
EA Technique M Bhd - Net Assets Trend (2012–2025)
This chart illustrates how EA Technique M 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 EA Technique M Bhd (2012–2025)
The table below shows the annual net assets of EA Technique M Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM337.83 Million | +15.72% |
| 2024-12-31 | RM291.94 Million | +408.15% |
| 2023-12-31 | RM57.45 Million | +53.18% |
| 2022-12-31 | RM37.51 Million | +114.77% |
| 2021-12-31 | RM17.46 Million | -89.61% |
| 2020-12-31 | RM168.11 Million | -36.08% |
| 2019-12-31 | RM262.99 Million | +15.91% |
| 2018-12-31 | RM226.89 Million | +48.63% |
| 2017-12-31 | RM152.65 Million | -44.25% |
| 2016-12-31 | RM273.80 Million | -7.81% |
| 2015-12-31 | RM297.00 Million | +10.41% |
| 2014-12-31 | RM269.00 Million | +46.20% |
| 2013-12-31 | RM184.00 Million | +46.03% |
| 2012-12-31 | RM126.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EA Technique M 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 39.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM76.74 Million | 22.72% |
| Other Components | RM261.09 Million | 77.28% |
| Total Equity | RM337.83 Million | 100.00% |
EA Technique M Bhd Competitors by Market Cap
The table below lists competitors of EA Technique M Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Argosy Minerals Limited
PINK:ARYMF
|
$18.76 Million |
|
KNOREX LTD.
NYSE MKT:KNRX
|
$18.77 Million |
|
EC HEALTHCARE HD-00001
F:1UM0
|
$18.77 Million |
|
Native Mineral Resources Holdings Ltd
AU:NMR
|
$18.78 Million |
|
Above Food Ingredients Inc. Common Stock
NASDAQ:ABVE
|
$18.76 Million |
|
World Houseware (Holdings) Limited
PINK:WHWRF
|
$18.75 Million |
|
Issuer Direct Corp
NYSE MKT:ISDR
|
$18.75 Million |
|
Quality & Reliability A.B.E.E
AT:QUAL
|
$18.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EA Technique M Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 291,945,000 to 337,835,000, a change of 45,890,000 (15.7%).
- Net income of 44,716,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM44.72 Million | +13.24% |
| Other Changes | RM1.17 Million | +0.35% |
| Total Change | RM- | 15.72% |
Book Value vs Market Value Analysis
This analysis compares EA Technique M 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: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.56x to 1.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.54 | RM0.31 | x |
| 2017-12-31 | RM0.30 | RM0.31 | x |
| 2018-12-31 | RM0.45 | RM0.31 | x |
| 2019-12-31 | RM0.52 | RM0.31 | x |
| 2020-12-31 | RM0.32 | RM0.31 | x |
| 2021-12-31 | RM0.03 | RM0.31 | x |
| 2022-12-31 | RM0.07 | RM0.31 | x |
| 2023-12-31 | RM0.11 | RM0.31 | x |
| 2024-12-31 | RM0.22 | RM0.31 | x |
| 2025-12-31 | RM0.25 | RM0.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EA Technique M 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): 13.24%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.04%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.44x
- Recent ROE (13.24%) is above the historical average (-70.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 14.07% | 6.92% | 0.56x | 3.64x | RM10.99 Million |
| 2016 | 3.21% | 1.48% | 0.51x | 4.22x | RM-18.60 Million |
| 2017 | -79.36% | -33.01% | 0.41x | 5.90x | RM-136.41 Million |
| 2018 | 32.72% | 17.72% | 0.49x | 3.79x | RM51.54 Million |
| 2019 | 13.84% | 13.39% | 0.30x | 3.47x | RM10.10 Million |
| 2020 | -62.78% | -34.81% | 0.41x | 4.38x | RM-122.35 Million |
| 2021 | -862.63% | -93.83% | 0.29x | 32.10x | RM-152.39 Million |
| 2022 | 53.44% | 13.05% | 0.29x | 14.15x | RM16.29 Million |
| 2023 | 41.24% | 17.80% | 0.27x | 8.44x | RM17.95 Million |
| 2024 | 52.86% | 125.82% | 0.26x | 1.63x | RM125.14 Million |
| 2025 | 13.24% | 35.04% | 0.26x | 1.44x | RM10.93 Million |
Industry Comparison
This section compares EA Technique M Bhd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $2,653,479,507
- Average return on equity (ROE) among peers: 4.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EA Technique M Bhd (5259) | RM337.83 Million | 14.07% | 0.44x | $18.76 Million |
| MISC Bhd (3816) | $18.44 Billion | 15.31% | 0.50x | $3.72 Billion |
| Bintulu Port Holdings Bhd (5032) | $1.69 Billion | 21.49% | 0.87x | $134.22 Million |
| Malaysian Bulk Carriers Bhd (5077) | $487.05 Million | 19.13% | 0.31x | $26.44 Million |
| Sealink International Bhd (5145) | $216.54 Million | -1.76% | 0.51x | $14.21 Million |
| Shin Yang Shipping Corporation Bhd (5173) | $1.16 Billion | 0.46% | 0.55x | $25.55 Million |
| PDZ Holdings Bhd (6254) | $53.87 Million | -21.97% | 0.17x | $1.86 Million |
| Suria Capital Holdings Bhd (6521) | $1.11 Billion | 2.98% | 0.24x | $40.92 Million |
| HUBLine Bhd (7013) | $169.06 Million | 7.01% | 1.03x | $15.16 Million |
| Perak Corporation Bhd (8346) | $561.21 Million | -2.78% | 1.11x | $2.36 Million |