Reach Ten Holdings Berhad
Reach Ten Holdings Berhad, an investment holding company, provides telecommunications services in Malaysia. The company offers a suite of connectivity solutions, including bandwidth, VSAT, private lines, dedicated internet, international connectivity, and data centre solutions to operators and enterprises, as well as sells information communication technology products. It provides satellite-based… Read more
Reach Ten Holdings Berhad (5332) - Net Assets
Latest net assets as of December 2025: RM216.75 Million MYR
Based on the latest financial reports, Reach Ten Holdings Berhad (5332) has net assets worth RM216.75 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 (RM256.38 Million) and total liabilities (RM39.63 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 | RM216.75 Million |
| % of Total Assets | 84.54% |
| Annual Growth Rate | 98.66% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 115.16 |
Reach Ten Holdings Berhad - Net Assets Trend (2021–2025)
This chart illustrates how Reach Ten Holdings 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 Reach Ten Holdings Berhad (2021–2025)
The table below shows the annual net assets of Reach Ten Holdings Berhad from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM216.75 Million | +261.24% |
| 2023-12-31 | RM60.00 Million | +18.41% |
| 2022-12-31 | RM50.67 Million | +264.13% |
| 2021-12-31 | RM13.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reach Ten Holdings 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 891.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM111.16 Million | 51.29% |
| Other Components | RM105.59 Million | 48.71% |
| Total Equity | RM216.75 Million | 100.00% |
Reach Ten Holdings Berhad Competitors by Market Cap
The table below lists competitors of Reach Ten Holdings Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Emperor Energy Ltd
AU:EMP
|
$40.57 Million |
|
ESAF Small Finance Bank
NSE:ESAFSFB
|
$40.58 Million |
|
Instabank ASA
OL:INSTA
|
$40.58 Million |
|
Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust
BK:TPRIME
|
$40.59 Million |
|
PW MEDTECH GROUP DL-0001
F:PWE
|
$40.56 Million |
|
Soquicom
SN:SOQUICOM
|
$40.56 Million |
|
Huikwang
TWO:6508
|
$40.53 Million |
|
DLP Resources Inc
OTCQB:DLPRF
|
$40.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reach Ten Holdings Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2025, total equity changed from 60,000,603 to 216,749,000, a change of 156,748,397 (261.2%).
- Net income of 35,988,000 contributed positively to equity growth.
- Dividend payments of 10,000,000 reduced retained earnings.
- New share issuances of 99,080,000 increased equity.
- Other factors increased equity by 31,680,397.
Equity Change Factors (2023 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM35.99 Million | +16.6% |
| Dividends Paid | RM10.00 Million | -4.61% |
| Share Issuances | RM99.08 Million | +45.71% |
| Other Changes | RM31.68 Million | +14.62% |
| Total Change | RM- | 261.24% |
Book Value vs Market Value Analysis
This analysis compares Reach Ten Holdings 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: 2.15x
- 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 33.42x to 2.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | RM0.01 | RM0.47 | x |
| 2022-12-31 | RM0.05 | RM0.47 | x |
| 2023-12-31 | RM0.06 | RM0.47 | x |
| 2025-12-31 | RM0.22 | RM0.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reach Ten Holdings 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): 16.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.27%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.18x
- Recent ROE (16.60%) is below the historical average (63.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 63.55% | 10.28% | 1.32x | 4.68x | RM7.45 Million |
| 2022 | 86.35% | 25.05% | 1.79x | 1.92x | RM38.69 Million |
| 2023 | 85.54% | 28.16% | 1.35x | 2.24x | RM45.33 Million |
| 2025 | 16.60% | 32.27% | 0.44x | 1.18x | RM14.31 Million |
Industry Comparison
This section compares Reach Ten Holdings Berhad's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,226,813,637
- Average return on equity (ROE) among peers: -7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reach Ten Holdings Berhad (5332) | RM216.75 Million | 63.55% | 0.18x | $40.56 Million |
| XOX Technology Bhd (0017) | $21.77 Million | -27.23% | 1.17x | $4.03 Million |
| Redtone International Bhd (0032) | $267.33 Million | 9.85% | 0.51x | $21.72 Million |
| Green Packet Bhd (0082) | $349.33 Million | -41.05% | 1.73x | $15.20 Million |
| mTouche Technology Bhd (0092) | $66.42 Million | -15.58% | 0.26x | $1.71 Million |
| M N C Wireless Bhd (0103) | $78.09 Million | -8.51% | 0.12x | $1.76 Million |
| XOX Bhd (0165) | $233.64 Million | -38.94% | 0.48x | $4.73 Million |
| OCK Group Bhd (0172) | $724.93 Million | 4.52% | 1.27x | $56.44 Million |
| Binasat Communications Bhd (0195) | $70.99 Million | 12.78% | 0.26x | $5.55 Million |
| Telekom Malaysia Bhd (4863) | $7.33 Billion | 12.22% | 2.12x | $5.06 Billion |
| TIME Dotcom Bhd (5031) | $3.13 Billion | 14.38% | 0.34x | $1.40 Billion |