Techbond Group Bhd
Techbond Group Berhad develops, manufactures, and trades in industrial adhesives and sealants in Malaysia, Vietnam, Indonesia, Thailand, China, and internationally. The company offers industrial adhesives, including water-based and hot melt adhesives; and industrial sealants, such as water-based, solvent-based, and modified hybrid sealants. It also provides supporting products and services, inclu… Read more
Techbond Group Bhd (5289) - Net Assets
Latest net assets as of December 2025: RM260.58 Million MYR
Based on the latest financial reports, Techbond Group Bhd (5289) has net assets worth RM260.58 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 (RM296.13 Million) and total liabilities (RM35.55 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 | RM260.58 Million |
| % of Total Assets | 87.99% |
| Annual Growth Rate | 22.63% |
| 5-Year Change | 72.12% |
| 10-Year Change | 529.99% |
| Growth Volatility | 23.37 |
Techbond Group Bhd - Net Assets Trend (2015–2025)
This chart illustrates how Techbond Group 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 Techbond Group Bhd (2015–2025)
The table below shows the annual net assets of Techbond Group Bhd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM258.99 Million | +35.45% |
| 2024-06-30 | RM191.21 Million | +12.29% |
| 2023-06-30 | RM170.27 Million | +6.60% |
| 2022-06-30 | RM159.73 Million | +6.16% |
| 2021-06-30 | RM150.46 Million | +9.02% |
| 2020-06-30 | RM138.02 Million | +5.69% |
| 2019-06-30 | RM130.60 Million | +54.04% |
| 2018-06-30 | RM84.78 Million | +15.17% |
| 2017-06-30 | RM73.61 Million | +79.06% |
| 2016-06-30 | RM41.11 Million | +22.16% |
| 2015-06-30 | RM33.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Techbond Group 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 303.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM114.60 Million | 44.25% |
| Common Stock | RM219.49 Million | 84.75% |
| Total Equity | RM258.99 Million | 100.00% |
Techbond Group Bhd Competitors by Market Cap
The table below lists competitors of Techbond Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alpha Microelectronics
TWO:8024
|
$14.12 Million |
|
Xos Inc
NASDAQ:XOS
|
$14.12 Million |
|
Versatile Creative Bhd
KLSE:4995
|
$14.13 Million |
|
Future Retail Limited
NSE:FRETAIL
|
$14.13 Million |
|
Cleanspace Holdings Ltd
AU:CSX
|
$14.11 Million |
|
Emperor Entertainment Hotel Limited
F:EM7A
|
$14.11 Million |
|
Healthlead Public Company Limited
BK:HL
|
$14.11 Million |
|
Cogra 48 Société Anonyme
PA:ALCOG
|
$14.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Techbond Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 191,205,000 to 258,986,000, a change of 67,781,000 (35.4%).
- Net income of 15,874,000 contributed positively to equity growth.
- Dividend payments of 6,821,000 reduced retained earnings.
- Share repurchases of 64,959,000 reduced equity.
- New share issuances of 64,959,000 increased equity.
- Other factors increased equity by 58,728,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM15.87 Million | +6.13% |
| Dividends Paid | RM6.82 Million | -2.63% |
| Share Repurchases | RM64.96 Million | -25.08% |
| Share Issuances | RM64.96 Million | +25.08% |
| Other Changes | RM58.73 Million | +22.68% |
| Total Change | RM- | 35.45% |
Book Value vs Market Value Analysis
This analysis compares Techbond Group 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: 0.83x
- 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 4.38x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-06-30 | RM0.07 | RM0.29 | x |
| 2016-06-30 | RM0.08 | RM0.29 | x |
| 2017-06-30 | RM0.14 | RM0.29 | x |
| 2018-06-30 | RM0.16 | RM0.29 | x |
| 2019-06-30 | RM0.33 | RM0.29 | x |
| 2020-06-30 | RM0.27 | RM0.29 | x |
| 2021-06-30 | RM0.24 | RM0.29 | x |
| 2022-06-30 | RM0.27 | RM0.29 | x |
| 2023-06-30 | RM0.30 | RM0.29 | x |
| 2024-06-30 | RM0.33 | RM0.29 | x |
| 2025-06-30 | RM0.34 | RM0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Techbond Group 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): 6.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.83%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.11x
- Recent ROE (6.13%) is below the historical average (12.84%), 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 | 28.17% | 14.90% | 1.00x | 1.88x | RM6.11 Million |
| 2016 | 28.43% | 15.41% | 1.07x | 1.72x | RM7.58 Million |
| 2017 | 19.77% | 17.67% | 0.98x | 1.14x | RM7.19 Million |
| 2018 | 15.83% | 15.46% | 0.90x | 1.13x | RM4.94 Million |
| 2019 | 5.42% | 8.69% | 0.59x | 1.06x | RM-5.99 Million |
| 2020 | 7.77% | 15.04% | 0.49x | 1.06x | RM-3.08 Million |
| 2021 | 7.65% | 12.81% | 0.55x | 1.08x | RM-3.54 Million |
| 2022 | 7.01% | 13.15% | 0.48x | 1.11x | RM-4.77 Million |
| 2023 | 6.46% | 10.10% | 0.50x | 1.29x | RM-6.02 Million |
| 2024 | 8.57% | 10.85% | 0.65x | 1.21x | RM-2.73 Million |
| 2025 | 6.13% | 10.83% | 0.51x | 1.11x | RM-10.02 Million |
Industry Comparison
This section compares Techbond Group Bhd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $114,437,893
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Techbond Group Bhd (5289) | RM260.58 Million | 28.17% | 0.14x | $14.12 Million |
| Karyon Industries Bhd (0054) | $77.22 Million | 4.62% | 0.20x | $6.87 Million |
| Sersol Bhd (0055) | $16.03 Million | -7.66% | 0.40x | $2.78 Million |
| ES Ceramics Technology Bhd (0100) | $32.96 Million | 16.97% | 0.13x | $8.07 Million |
| Asia Poly Holdings Bhd (0105) | $34.93 Million | 13.19% | 0.90x | $6.67 Million |
| Dpi Holdings Berhad (0205) | $80.83 Million | 14.67% | 0.12x | $2.94 Million |
| Polymer Link Holdings Berhad (0381) | $80.14 Million | 18.72% | 0.81x | $5.49 Million |
| Comfort Gloves Bhd (2127) | $87.78 Million | -6.41% | 0.89x | $9.27 Million |
| Hexza Corporation Bhd (3298) | $244.22 Million | 6.33% | 0.08x | $19.98 Million |
| Ancom Berhad (4758) | $402.00 Million | -4.98% | 1.42x | $109.07 Million |
| Paos Holdings Bhd (5022) | $88.25 Million | 0.11% | 0.67x | $2.81 Million |