SENFONG (5308) - Net Assets
Based on the latest financial reports, SENFONG (5308) has net assets worth RM222.31 Million MYR (≈ $55.81 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM436.37 Million ≈ $109.56 Million USD) and total liabilities (RM214.06 Million ≈ $53.74 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. Read 5308 total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM222.31 Million |
| % of Total Assets | 50.95% |
| Annual Growth Rate | 24.6% |
| 5-Year Change | 158.83% |
| 10-Year Change | N/A |
| Growth Volatility | 17.86 |
SENFONG - Net Assets Trend (2020–2025)
This chart illustrates how SENFONG's net assets have evolved over time, based on quarterly financial data. Also explore SENFONG (5308) total assets for the complete picture of this company's asset base.
Annual Net Assets for SENFONG (2020–2025)
The table below shows the annual net assets of SENFONG from 2020 to 2025. For live valuation and market cap data, see market cap of SENFONG.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM227.37 Million ≈ $57.08 Million |
+0.38% |
| 2024-06-30 | RM226.50 Million ≈ $56.87 Million |
+32.45% |
| 2023-06-30 | RM171.01 Million ≈ $42.93 Million |
+54.24% |
| 2022-06-30 | RM110.87 Million ≈ $27.84 Million |
+26.21% |
| 2021-06-30 | RM87.84 Million ≈ $22.05 Million |
+16.01% |
| 2020-06-30 | RM75.72 Million ≈ $19.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SENFONG'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 91.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM133.45 Million | 58.69% |
| Other Components | RM93.91 Million | 41.31% |
| Total Equity | RM227.37 Million | 100.00% |
SENFONG Competitors by Market Cap
The table below lists competitors of SENFONG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Electric Manufacturing Corp
TW:1611
|
$121.51 Million |
|
SaraminHR Co.Ltd
KQ:143240
|
$121.52 Million |
|
Tavia Acquisition Corp. Ordinary Shares
NASDAQ:TAVI
|
$121.56 Million |
|
Min Aik Technology Co Ltd
TW:3060
|
$121.57 Million |
|
SaltX Technology Holding AB
ST:SALT-B
|
$121.39 Million |
|
RumbleON Inc
NASDAQ:RMBL
|
$121.37 Million |
|
Black Diamond Therapeutics Inc
NASDAQ:BDTX
|
$121.36 Million |
|
Elementos Ltd
AU:ELT
|
$121.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SENFONG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 226,499,379 to 227,366,000, a change of 866,621 (0.4%).
- Net income of 35,145,000 contributed positively to equity growth.
- Dividend payments of 27,062,000 reduced retained earnings.
- Other factors decreased equity by 7,216,379.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM35.15 Million | +15.46% |
| Dividends Paid | RM27.06 Million | -11.9% |
| Other Changes | RM-7.22 Million | -3.17% |
| Total Change | RM- | 0.38% |
Book Value vs Market Value Analysis
This analysis compares SENFONG'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: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.59x to 2.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | RM0.15 | RM0.67 | x |
| 2021-06-30 | RM0.17 | RM0.67 | x |
| 2022-06-30 | RM0.21 | RM0.67 | x |
| 2023-06-30 | RM0.33 | RM0.67 | x |
| 2024-06-30 | RM0.31 | RM0.67 | x |
| 2025-06-30 | RM0.32 | RM0.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SENFONG 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): 15.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.36%
- • Asset Turnover: 3.97x
- • Equity Multiplier: 1.65x
- Recent ROE (15.46%) is below the historical average (24.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 17.64% | 2.17% | 3.74x | 2.18x | RM5.78 Million |
| 2021 | 39.41% | 4.51% | 3.95x | 2.21x | RM25.84 Million |
| 2022 | 34.30% | 4.12% | 3.52x | 2.36x | RM26.94 Million |
| 2023 | 13.22% | 2.41% | 2.93x | 1.87x | RM5.50 Million |
| 2024 | 25.32% | 5.04% | 2.92x | 1.72x | RM34.69 Million |
| 2025 | 15.46% | 2.36% | 3.97x | 1.65x | RM12.41 Million |
Industry Comparison
This section compares SENFONG's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $250,530,919
- Average return on equity (ROE) among peers: -3.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SENFONG (5308) | RM222.31 Million | 17.64% | 0.96x | $121.39 Million |
| Karyon Industries Bhd (0054) | $47.16 Million | 11.72% | 0.23x | $16.72 Million |
| Sersol Bhd (0055) | $22.15 Million | -57.28% | 0.21x | $7.07 Million |
| ES Ceramics Technology Bhd (0100) | $185.22 Million | 0.32% | 0.74x | $20.42 Million |
| Asia Poly Holdings Bhd (0105) | $79.12 Million | -5.84% | 0.32x | $18.53 Million |
| Dpi Holdings Berhad (0205) | $90.43 Million | 2.88% | 0.44x | $19.25 Million |
| Comfort Gloves Bhd (2127) | $670.97 Million | -21.29% | 0.11x | $21.08 Million |
| Hexza Corporation Bhd (3298) | $281.05 Million | 3.62% | 0.07x | $46.46 Million |
| Ancom Berhad (4758) | $421.00 Million | 2.38% | 1.11x | $243.71 Million |
| Paos Holdings Bhd (5022) | $88.16 Million | -0.05% | 0.51x | $11.37 Million |
| Hartalega Holdings Bhd (5168) | $620.06 Million | 32.48% | 0.22x | $959.79 Million |
About SENFONG
Seng Fong Holdings Berhad, an investment holding company, manufacturers and sells tyre producers, vehicle parts manufacturers, rubber traders, and industrial rubber in Malaysia, rest of Asia, Europe, and Oceania. The company offers Standard Malaysia Rubber grade and premium grade block rubber. It is also involved in the trade of block rubber, which is sourced from international rubber traders and… Read more