Dolphin International Bhd (5265) - Net Assets
Based on the latest financial reports, Dolphin International Bhd (5265) has net assets worth RM35.07 Million MYR (≈ $8.80 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM50.18 Million ≈ $12.60 Million USD) and total liabilities (RM15.11 Million ≈ $3.79 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. Check asset allocation strategy of Dolphin International Bhd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM35.07 Million |
| % of Total Assets | 69.89% |
| Annual Growth Rate | -12.55% |
| 5-Year Change | 36.89% |
| 10-Year Change | N/A |
| Growth Volatility | 32.51 |
Dolphin International Bhd - Net Assets Trend (2015–2022)
This chart illustrates how Dolphin International Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 5265 market cap overview.
Annual Net Assets for Dolphin International Bhd (2015–2022)
The table below shows the annual net assets of Dolphin International Bhd from 2015 to 2022. Also explore net asset growth rate of Dolphin International Bhd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | RM32.78 Million ≈ $8.23 Million |
+42.55% |
| 2021-12-31 | RM23.00 Million ≈ $5.77 Million |
-21.31% |
| 2020-12-31 | RM29.23 Million ≈ $7.34 Million |
+27.15% |
| 2019-12-31 | RM22.99 Million ≈ $5.77 Million |
-4.01% |
| 2018-12-31 | RM23.95 Million ≈ $6.01 Million |
-8.71% |
| 2017-12-31 | RM26.23 Million ≈ $6.59 Million |
-66.82% |
| 2016-12-31 | RM79.07 Million ≈ $19.85 Million |
-5.68% |
| 2015-12-31 | RM83.83 Million ≈ $21.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dolphin International 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 82.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM5.14 Million | 15.81% |
| Common Stock | RM23.43 Million | 72.02% |
| Other Components | RM3.96 Million | 12.17% |
| Total Equity | RM32.53 Million | 100.00% |
Dolphin International Bhd Competitors by Market Cap
The table below lists competitors of Dolphin International Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Golden Metal Resources PLC
LSE:GMET
|
$3.33 Million |
|
Pembroke VCT PLC
LSE:PEMB
|
$3.33 Million |
|
Weaccess Group SA
PA:MLWEA
|
$3.33 Million |
|
PreveCeutical Medical Inc
F:18H
|
$3.34 Million |
|
Axilion Smart Mobility Ltd
TA:AILN
|
$3.32 Million |
|
Copper Lake Resources Ltd
V:CPL
|
$3.31 Million |
|
Grand Gulf Energy Ltd
AU:GGE
|
$3.31 Million |
|
BIOMIND LABS INC.
F:3XI
|
$3.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dolphin International Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 22,997,190 to 32,530,494, a change of 9,533,304 (41.5%).
- Net loss of 8,859,900 reduced equity.
- New share issuances of 241 increased equity.
- Other factors increased equity by 18,392,963.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-8.86 Million | -27.24% |
| Share Issuances | RM241.00 | +0.0% |
| Other Changes | RM18.39 Million | +56.54% |
| Total Change | RM- | 41.45% |
Book Value vs Market Value Analysis
This analysis compares Dolphin International 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: 0.37x
- 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 |
|---|---|---|---|
| 2015-12-31 | RM0.27 | RM0.09 | x |
| 2016-12-31 | RM0.25 | RM0.09 | x |
| 2017-12-31 | RM0.76 | RM0.09 | x |
| 2018-12-31 | RM0.70 | RM0.09 | x |
| 2019-12-31 | RM0.67 | RM0.09 | x |
| 2020-12-31 | RM0.03 | RM0.09 | x |
| 2021-12-31 | RM0.02 | RM0.09 | x |
| 2022-12-31 | RM0.24 | RM0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dolphin International 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): -27.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.04%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.69x
- Recent ROE (-27.24%) is above the historical average (-59.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.41% | 4.12% | 0.45x | 1.82x | RM-5.52 Million |
| 2016 | -5.85% | -10.48% | 0.31x | 1.81x | RM-12.53 Million |
| 2017 | -217.81% | -536.96% | 0.12x | 3.33x | RM-59.76 Million |
| 2018 | -17.66% | -31.68% | 0.14x | 4.05x | RM-6.63 Million |
| 2019 | -4.60% | -8.46% | 0.14x | 3.84x | RM-3.36 Million |
| 2020 | -139.93% | -457.61% | 0.16x | 1.91x | RM-43.82 Million |
| 2021 | -66.65% | -160.98% | 0.19x | 2.18x | RM-17.63 Million |
| 2022 | -27.24% | -50.04% | 0.32x | 1.69x | RM-12.11 Million |
Industry Comparison
This section compares Dolphin International Bhd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $232,759,519
- Average return on equity (ROE) among peers: 6.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dolphin International Bhd (5265) | RM35.07 Million | 3.41% | 0.43x | $3.33 Million |
| YBS International Bhd (0025) | $55.16 Million | 4.17% | 0.60x | $17.01 Million |
| AT Systematization Bhd (0072) | $337.22 Million | -36.79% | 0.39x | $5.74 Million |
| Genetec Technology Bhd (0104) | $63.30 Million | -6.36% | 0.55x | $60.10 Million |
| Boilermech Holdings Bhd (0168) | $610.31 Million | 8.57% | 0.46x | $269.39 Million |
| HLT Global Bhd (0188) | $35.53 Million | 16.62% | 0.86x | $6.30 Million |
| Greatech Technology Bhd (0208) | $909.29 Million | 17.05% | 0.22x | $1.61 Billion |
| Aimflex Bhd (0209) | $77.65 Million | 6.09% | 0.28x | $41.63 Million |
| Flexidynamic Holdings Bhd (0231) | $38.04 Million | 2.39% | 0.81x | $8.65 Million |
| ECA (0267) | $17.04 Million | 47.99% | 0.54x | $61.79 Million |
| Luster Industries Bhd (5068) | $184.07 Million | 5.02% | 0.32x | $22.11 Million |
About Dolphin International Bhd
Oasis Harvest Corporation Berhad, an investment holding company, provides food, beverage, travel, leisure and hospitality, and events management services in Malaysia. The company operates through Palm Oil Milling, Trading and Services, Investment Holding, Food and Beverage, Trading, and Others segments. The company also engages in the wholesale and retail of luxury goods, such as fashion items, j… Read more