APB Resources Bhd (5568) - Net Assets
Based on the latest financial reports, APB Resources Bhd (5568) has net assets worth RM61.62 Million MYR (≈ $15.47 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 (RM196.11 Million ≈ $49.24 Million USD) and total liabilities (RM134.49 Million ≈ $33.76 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 5568 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM61.62 Million |
| % of Total Assets | 31.42% |
| Annual Growth Rate | -7.67% |
| 5-Year Change | -60.35% |
| 10-Year Change | -65.51% |
| Growth Volatility | 11.73 |
APB Resources Bhd - Net Assets Trend (2012–2025)
This chart illustrates how APB Resources Bhd's net assets have evolved over time, based on quarterly financial data. Check APB Resources Bhd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for APB Resources Bhd (2012–2025)
The table below shows the annual net assets of APB Resources Bhd from 2012 to 2025. For live valuation and market cap data, see how much is APB Resources Bhd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RM61.62 Million ≈ $15.47 Million |
-21.16% |
| 2024-09-30 | RM78.16 Million ≈ $19.62 Million |
-35.48% |
| 2023-09-30 | RM121.15 Million ≈ $30.42 Million |
-20.77% |
| 2022-09-30 | RM152.91 Million ≈ $38.39 Million |
-1.61% |
| 2021-09-30 | RM155.42 Million ≈ $39.02 Million |
-3.27% |
| 2020-09-30 | RM160.68 Million ≈ $40.34 Million |
+2.43% |
| 2019-09-30 | RM156.86 Million ≈ $39.38 Million |
-0.79% |
| 2018-09-30 | RM158.11 Million ≈ $39.69 Million |
-11.72% |
| 2017-09-30 | RM179.09 Million ≈ $44.96 Million |
+0.24% |
| 2016-09-30 | RM178.66 Million ≈ $44.86 Million |
-7.43% |
| 2015-09-30 | RM193.00 Million ≈ $48.46 Million |
+6.04% |
| 2014-09-30 | RM182.00 Million ≈ $45.69 Million |
+2.82% |
| 2013-09-30 | RM177.00 Million ≈ $44.44 Million |
+1.72% |
| 2012-09-30 | RM174.00 Million ≈ $43.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to APB Resources 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 229.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM151.11 Million | 245.22% |
| Total Equity | RM61.62 Million | 100.00% |
APB Resources Bhd Competitors by Market Cap
The table below lists competitors of APB Resources Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alakasa Industrindo Tbk
JK:ALKA
|
$4.37 Million |
|
CPPGroup Plc
F:4CV1
|
$4.37 Million |
|
Minco Capital Corp
V:MMM
|
$4.37 Million |
|
NanoVibronix Inc
NASDAQ:NAOV
|
$4.37 Million |
|
IDOX plc
LSE:IDOX
|
$4.36 Million |
|
ABM International Limited
NSE:ABMINTLLTD
|
$4.36 Million |
|
Askari Metals Ltd
AU:AS2
|
$4.35 Million |
|
DRAGO ENTERTAINM. ZY -10
F:65M
|
$4.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APB Resources Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 78,159,120 to 61,621,000, a change of -16,538,120 (-21.2%).
- Net loss of 16,538,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-16.54 Million | -26.84% |
| Other Changes | RM-120.00 | -0.0% |
| Total Change | RM- | -21.16% |
Book Value vs Market Value Analysis
This analysis compares APB Resources 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: 0.28x
- 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 increased from 0.09x to 0.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-09-30 | RM1.61 | RM0.14 | x |
| 2017-09-30 | RM1.62 | RM0.14 | x |
| 2018-09-30 | RM1.43 | RM0.14 | x |
| 2019-09-30 | RM1.42 | RM0.14 | x |
| 2020-09-30 | RM1.45 | RM0.14 | x |
| 2021-09-30 | RM1.40 | RM0.14 | x |
| 2022-09-30 | RM1.38 | RM0.14 | x |
| 2023-09-30 | RM1.07 | RM0.14 | x |
| 2024-09-30 | RM0.63 | RM0.14 | x |
| 2025-09-30 | RM0.50 | RM0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APB Resources 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): -26.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.00%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 3.18x
- Recent ROE (-26.84%) is below the historical average (-16.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -3.99% | -7.98% | 0.46x | 1.09x | RM-24.99 Million |
| 2017 | 2.09% | 6.32% | 0.32x | 1.05x | RM-14.16 Million |
| 2018 | -11.17% | -23.89% | 0.44x | 1.05x | RM-33.47 Million |
| 2019 | -0.79% | -1.92% | 0.38x | 1.07x | RM-16.93 Million |
| 2020 | 2.37% | 4.27% | 0.51x | 1.08x | RM-12.25 Million |
| 2021 | -3.43% | -9.36% | 0.34x | 1.09x | RM-20.87 Million |
| 2022 | 5.61% | 11.00% | 0.46x | 1.12x | RM-6.71 Million |
| 2023 | -26.22% | -27.76% | 0.36x | 2.61x | RM-43.88 Million |
| 2024 | -103.94% | -86.13% | 0.35x | 3.44x | RM-89.06 Million |
| 2025 | -26.84% | -16.00% | 0.53x | 3.18x | RM-22.70 Million |
Industry Comparison
This section compares APB Resources Bhd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $179,632,723
- Average return on equity (ROE) among peers: 6.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APB Resources Bhd (5568) | RM61.62 Million | -3.99% | 2.18x | $4.36 Million |
| Mestron Holdings (0207) | $105.59 Million | 8.93% | 0.71x | $24.95 Million |
| Volcano Bhd (0232) | $67.65 Million | 7.07% | 0.10x | $13.00 Million |
| CEKD Bhd (0238) | $25.29 Million | 26.89% | 0.45x | $13.43 Million |
| Coraza Integrated Technology Bhd (0240) | $28.04 Million | 12.18% | 0.96x | $132.76 Million |
| SFP Tech Holdings Bhd (0251) | $210.68 Million | 1.76% | 0.50x | $195.83 Million |
| Wentel Engineering Holdings Berhad (0298) | $67.39 Million | 18.41% | 0.37x | $75.07 Million |
| Seremban Engineering Bhd (5163) | $44.00 Million | -43.18% | 2.39x | $11.50 Million |
| Uwc Bhd (5292) | $74.43 Million | 19.97% | 0.83x | $1.63 Billion |
| Kumpulan Perangsang Selangor (5843) | $993.63 Million | 3.43% | 1.29x | $66.79 Million |
About APB Resources Bhd
APB Resources Berhad, an investment holding company, fabricates specialized design and manufacturing engineering equipment Malaysia and internationally. It operates in two segments, Fabrication and Others. The company provides in fabrication of finned tubes. It serves petrochemical; oleochemical; oil and gas; power; and food and beverages industries. APB Resources Berhad is headquartered in Shah … Read more