APB Resources Bhd (5568) - Net Assets

Latest as of December 2025: RM65.56 Million MYR ≈ $16.46 Million USD

Based on the latest financial reports, APB Resources Bhd (5568) has net assets worth RM65.56 Million MYR (≈ $16.46 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM204.91 Million ≈ $51.45 Million USD) and total liabilities (RM139.35 Million ≈ $34.99 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. Check how resilient are APB Resources Bhd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets RM65.56 Million
% of Total Assets 31.99%
Annual Growth Rate -6.45%
5-Year Change -51.36%
10-Year Change -59.5%
Growth Volatility 11.43

APB Resources Bhd - Net Assets Trend (2012–2024)

This chart illustrates how APB Resources Bhd's net assets have evolved over time, based on quarterly financial data. Also explore APB Resources Bhd total assets for the complete picture of this company's asset base.

Annual Net Assets for APB Resources Bhd (2012–2024)

The table below shows the annual net assets of APB Resources Bhd from 2012 to 2024. For live valuation and market cap data, see market cap of APB Resources Bhd.

Year Net Assets Change
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
--

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 205.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2024)

Component Amount Percentage
Common Stock RM116.01 Million 148.43%
Other Components RM35.10 Million 44.91%
Total Equity RM78.16 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
CGN Resources Ltd
AU:CGR
$5.15 Million
THOR MNG CUFS/1LS- 00001
F:T5MB
$5.15 Million
Willow Biosciences Inc
TO:WLLW
$5.15 Million
GRAND PEAK CAPITAL
F:6GP1
$5.15 Million
Union Pioneer Public Company Limited
BK:UPF
$5.14 Million
ROCCA SA ZY -05
F:82J
$5.14 Million
HIGH QUALITY FOOD
F:L24
$5.14 Million
Rayong Wire Industries Public Company Limited
BK:RWI
$5.14 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 2023 to 2024, total equity changed from 121,146,200 to 78,159,120, a change of -42,987,080 (-35.5%).
  • Net loss of 81,239,750 reduced equity.
  • Share repurchases of 3,132,970 reduced equity.
  • New share issuances of 3,133,000 increased equity.
  • Other factors increased equity by 38,252,640.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM-81.24 Million -103.94%
Share Repurchases RM3.13 Million -4.01%
Share Issuances RM3.13 Million +4.01%
Other Changes RM38.25 Million +48.94%
Total Change RM- -35.48%

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: 0.26x
  • 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 0.10x to 0.26x 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 RM0.17 x
2017-09-30 RM1.62 RM0.17 x
2018-09-30 RM1.43 RM0.17 x
2019-09-30 RM1.42 RM0.17 x
2020-09-30 RM1.45 RM0.17 x
2021-09-30 RM1.40 RM0.17 x
2022-09-30 RM1.38 RM0.17 x
2023-09-30 RM1.07 RM0.17 x
2024-09-30 RM0.63 RM0.17 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): -103.94%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -86.13%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 3.44x
  • Recent ROE (-103.94%) is below the historical average (-15.49%), 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

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: $230,280,482
  • Average return on equity (ROE) among peers: -3.11%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
APB Resources Bhd (5568) RM65.56 Million -3.99% 2.13x $5.14 Million
Mestron Holdings (0207) $60.48 Million 3.75% 0.40x $34.93 Million
Volcano Bhd (0232) $103.57 Million 1.31% 0.48x $14.14 Million
CEKD Bhd (0238) $64.96 Million 7.63% 0.32x $14.66 Million
Coraza Integrated Technology Bhd (0240) $29.25 Million 27.40% 1.03x $109.19 Million
SFP Tech Holdings Bhd (0251) $74.50 Million 26.07% 0.78x $114.49 Million
Wentel Engineering Holdings Berhad (0298) $186.46 Million 8.06% 0.15x $77.96 Million
Seremban Engineering Bhd (5163) $25.52 Million -141.72% 3.68x $13.30 Million
Uwc Bhd (5292) $304.78 Million 30.03% 0.18x $1.61 Billion
Kumpulan Perangsang Selangor (5843) $1.22 Billion 9.48% 1.30x $78.93 Million

About APB Resources Bhd

KLSE:5568 Malaysia Metal Fabrication
Market Cap
$5.14 Million
RM20.48 Million MYR
Market Cap Rank
#28458 Global
#930 in Malaysia
Share Price
RM0.17
Change (1 day)
-8.33%
52-Week Range
RM0.15 - RM0.26
All Time High
RM2.87
About

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