Keyfield International Berhad
Keyfield International Berhad, an investment holding company, engages in the chartering of its own and third-party vessels in Malaysia. The company offers related onboard services, including accommodation, catering, housekeeping, laundry, and medical support services. It also engages in vessel ownership, chartering of offshore support vessels, ship management, trade of marine equipment, ship repa… Read more
Keyfield International Berhad (5321) - Net Assets
Latest net assets as of September 2024: RM699.16 Million MYR
Based on the latest financial reports, Keyfield International Berhad (5321) has net assets worth RM699.16 Million MYR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM933.24 Million) and total liabilities (RM234.08 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 | RM699.16 Million |
| % of Total Assets | 74.92% |
| Annual Growth Rate | 24.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.0 |
Keyfield International Berhad - Net Assets Trend (2020–2022)
This chart illustrates how Keyfield International Berhad's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Keyfield International Berhad (2020–2022)
The table below shows the annual net assets of Keyfield International Berhad from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | RM192.34 Million | +32.94% |
| 2021-12-31 | RM144.68 Million | +16.93% |
| 2020-12-31 | RM123.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Keyfield International Berhad'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 5474.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM62.71 Million | 33.36% |
| Other Components | RM125.26 Million | 66.64% |
| Total Equity | RM187.97 Million | 100.00% |
Keyfield International Berhad Competitors by Market Cap
The table below lists competitors of Keyfield International Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kustur Kusadasi Turizm Endustrisi AS
IS:KSTUR
|
$71.74 Million |
|
Quintain Steel Co Ltd
TW:2017
|
$71.75 Million |
|
Immsi S.p.A
F:IMY
|
$71.78 Million |
|
AIS Corporation Limited
PINK:ARSRF
|
$71.80 Million |
|
Lubelski Wegiel Bogdanka S.A.
WAR:LWB
|
$71.73 Million |
|
Wah Hong Industrial
TWO:8240
|
$71.72 Million |
|
Bisi International Tbk
JK:BISI
|
$71.71 Million |
|
Bloober Team SA
WAR:BLO
|
$71.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keyfield International Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 141,291,000 to 187,972,000, a change of 46,681,000 (33.0%).
- Net income of 49,851,000 contributed positively to equity growth.
- Dividend payments of 2,083,000 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM49.85 Million | +26.52% |
| Dividends Paid | RM2.08 Million | -1.11% |
| Other Changes | RM-1.09 Million | -0.58% |
| Total Change | RM- | 33.04% |
Book Value vs Market Value Analysis
This analysis compares Keyfield International Berhad'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: 6.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9.18x to 6.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | RM0.15 | RM1.42 | x |
| 2021-12-31 | RM0.18 | RM1.42 | x |
| 2022-12-31 | RM0.23 | RM1.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keyfield International Berhad 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): 26.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.11%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.68x
- Recent ROE (26.52%) is above the historical average (16.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 10.92% | 17.97% | 0.34x | 1.78x | RM1.14 Million |
| 2021 | 12.74% | 12.88% | 0.41x | 2.39x | RM3.88 Million |
| 2022 | 26.52% | 21.11% | 0.47x | 2.68x | RM31.05 Million |
Industry Comparison
This section compares Keyfield International Berhad's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $580,118,830
- Average return on equity (ROE) among peers: -9.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Keyfield International Berhad (5321) | RM699.16 Million | 10.92% | 0.33x | $71.73 Million |
| Reservoir Link Energy Bhd (0219) | $21.17 Million | 15.37% | 0.78x | $9.11 Million |
| Ocean Vantage Holdings Bhd (0220) | $49.81 Million | 14.69% | 0.16x | $6.73 Million |
| Coastal Contracts Bhd (5071) | $1.09 Billion | -9.67% | 0.43x | $42.02 Million |
| Marine & General Bhd (5078) | $41.82 Million | -118.68% | 21.95x | $26.88 Million |
| Alam Maritim Resources Bhd (5115) | $-87.52 Million | 0.00% | 0.00x | $14.09 Million |
| Deleum Bhd (5132) | $358.25 Million | 4.76% | 0.70x | $34.93 Million |
| Petra Energy Bhd (5133) | $547.00 Million | 8.59% | 1.02x | $14.09 Million |
| Dayang Enterprise Holdings Bhd (5141) | $372.71 Million | 18.17% | 0.47x | $274.52 Million |
| Wah Seong Corporation Bhd (5142) | $775.89 Million | -29.42% | 2.36x | $84.25 Million |
| Malaysia Marine and Heavy Engineering Holdings Bhd (5186) | $2.64 Billion | 4.93% | 0.69x | $28.06 Million |