Tuju Setia Bhd (5297) - Net Assets
Based on the latest financial reports, Tuju Setia Bhd (5297) has net assets worth RM79.38 Million MYR (≈ $19.93 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM501.96 Million ≈ $126.03 Million USD) and total liabilities (RM422.58 Million ≈ $106.10 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. Also explore 5297 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM79.38 Million |
| % of Total Assets | 15.81% |
| Annual Growth Rate | 17.22% |
| 5-Year Change | -26.61% |
| 10-Year Change | N/A |
| Growth Volatility | 37.48 |
Tuju Setia Bhd - Net Assets Trend (2017–2025)
This chart illustrates how Tuju Setia Bhd's net assets have evolved over time, based on quarterly financial data. Check Tuju Setia Bhd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Tuju Setia Bhd (2017–2025)
The table below shows the annual net assets of Tuju Setia Bhd from 2017 to 2025. For live valuation and market cap data, see Tuju Setia Bhd (5297) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM78.24 Million ≈ $19.64 Million |
+6.79% |
| 2024-12-31 | RM73.27 Million ≈ $18.39 Million |
+18.16% |
| 2023-12-31 | RM62.01 Million ≈ $15.57 Million |
-13.28% |
| 2022-12-31 | RM71.50 Million ≈ $17.95 Million |
-32.94% |
| 2021-12-31 | RM106.62 Million ≈ $26.77 Million |
+96.86% |
| 2020-12-31 | RM54.16 Million ≈ $13.60 Million |
+23.39% |
| 2019-12-31 | RM43.89 Million ≈ $11.02 Million |
+54.87% |
| 2018-12-31 | RM28.34 Million ≈ $7.12 Million |
+29.11% |
| 2017-12-31 | RM21.95 Million ≈ $5.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tuju Setia 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 199.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM98.56 Million | 125.96% |
| Total Equity | RM78.24 Million | 100.00% |
Tuju Setia Bhd Competitors by Market Cap
The table below lists competitors of Tuju Setia Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
bet-at-home.com AG
F:ACX
|
$17.94 Million |
|
AIRA Factoring Public Company Limited
BK:AF
|
$17.95 Million |
|
Salee Printing Public Company Limited
BK:SLP
|
$17.95 Million |
|
Energean Oil & Gas PLC
LSE:ENOG
|
$17.96 Million |
|
Ba Ria Thermal Power JSC
VN:BTP
|
$17.93 Million |
|
Tira Austenite Tbk
JK:TIRA
|
$17.92 Million |
|
CyberOne Co. Ltd.
KQ:356890
|
$17.90 Million |
|
Initiator Pharma A/S
ST:INIT
|
$17.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tuju Setia Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 73,267,000 to 78,244,000, a change of 4,977,000 (6.8%).
- Net income of 6,022,000 contributed positively to equity growth.
- Dividend payments of 1,045,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM6.02 Million | +7.7% |
| Dividends Paid | RM1.04 Million | -1.34% |
| Total Change | RM- | 6.79% |
Book Value vs Market Value Analysis
This analysis compares Tuju Setia 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: 0.91x
- 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 2.96x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | RM0.07 | RM0.21 | x |
| 2018-12-31 | RM0.09 | RM0.21 | x |
| 2019-12-31 | RM0.14 | RM0.21 | x |
| 2020-12-31 | RM0.17 | RM0.21 | x |
| 2021-12-31 | RM0.34 | RM0.21 | x |
| 2022-12-31 | RM0.23 | RM0.21 | x |
| 2023-12-31 | RM0.20 | RM0.21 | x |
| 2024-12-31 | RM0.21 | RM0.21 | x |
| 2025-12-31 | RM0.22 | RM0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tuju Setia 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): 7.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.15%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 6.31x
- Recent ROE (7.70%) is below the historical average (9.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 33.25% | 2.50% | 1.49x | 8.91x | RM5.10 Million |
| 2018 | 31.39% | 2.71% | 1.35x | 8.54x | RM6.06 Million |
| 2019 | 35.43% | 3.69% | 1.82x | 5.27x | RM11.16 Million |
| 2020 | 30.04% | 6.36% | 1.35x | 3.49x | RM10.85 Million |
| 2021 | 7.76% | 3.37% | 0.80x | 2.87x | RM-2.39 Million |
| 2022 | -46.90% | -8.53% | 1.03x | 5.33x | RM-40.69 Million |
| 2023 | -15.31% | -1.62% | 1.36x | 6.93x | RM-15.69 Million |
| 2024 | 5.95% | 0.75% | 1.14x | 7.03x | RM-2.96 Million |
| 2025 | 7.70% | 1.15% | 1.06x | 6.31x | RM-1.80 Million |
Industry Comparison
This section compares Tuju Setia Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $138,990,062
- Average return on equity (ROE) among peers: 8.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tuju Setia Bhd (5297) | RM79.38 Million | 33.25% | 5.32x | $17.94 Million |
| Southern Score Builders Berhad (0045) | $148.98 Million | 16.99% | 0.33x | $296.70 Million |
| Ecobuilt Holdings Bhd (0059) | $45.17 Million | -9.15% | 2.84x | $3.17 Million |
| Mega Sun City Holdings Bhd (0081) | $43.11 Million | -17.90% | 0.02x | $2.97 Million |
| Waja Konsortium Bhd (0102) | $40.12 Million | -0.57% | 1.17x | $15.40 Million |
| Kelington Group Bhd (0151) | $338.39 Million | 30.77% | 2.17x | $1.56 Billion |
| Widad Group Bhd (0162) | $357.92 Million | 19.78% | 1.42x | $11.75 Million |
| Pasukhas Group Bhd (0177) | $81.97 Million | 0.74% | 1.09x | $3.83 Million |
| HSS Engineers Bhd (0185) | $243.00 Million | 6.23% | 0.66x | $54.89 Million |
| Cabnet Holdings Bhd (0191) | $48.42 Million | 7.38% | 1.76x | $9.87 Million |
| Inta Bina Group Bhd (0192) | $42.82 Million | 26.88% | 3.68x | $58.65 Million |
About Tuju Setia Bhd
Tuju Setia Berhad, an investment holding company, engages in the provision of construction services in Malaysia. It constructs buildings; and provides civil works and construction management services. The company also offers engineering services, such as providing alternative designs; design and construction of hospitals and healthcare facilities; and industrialized building system and building i… Read more