Choo Bee Metal Industries Bhd (5797) - Net Assets
Based on the latest financial reports, Choo Bee Metal Industries Bhd (5797) has net assets worth RM588.77 Million MYR (≈ $147.82 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 (RM599.38 Million ≈ $150.49 Million USD) and total liabilities (RM10.62 Million ≈ $2.67 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 5797 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM588.77 Million |
| % of Total Assets | 98.23% |
| Annual Growth Rate | 3.18% |
| 5-Year Change | 14.2% |
| 10-Year Change | 37.81% |
| Growth Volatility | 5.7 |
Choo Bee Metal Industries Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Choo Bee Metal Industries Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 5797 asset base for the complete picture of this company's asset base.
Annual Net Assets for Choo Bee Metal Industries Bhd (2012–2024)
The table below shows the annual net assets of Choo Bee Metal Industries Bhd from 2012 to 2024. For live valuation and market cap data, see 5797 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM593.97 Million ≈ $149.13 Million |
-4.30% |
| 2023-12-31 | RM620.69 Million ≈ $155.83 Million |
-0.40% |
| 2022-12-31 | RM623.19 Million ≈ $156.46 Million |
+0.61% |
| 2021-12-31 | RM619.42 Million ≈ $155.52 Million |
+19.09% |
| 2020-12-31 | RM520.13 Million ≈ $130.59 Million |
+3.89% |
| 2019-12-31 | RM500.64 Million ≈ $125.70 Million |
-1.51% |
| 2018-12-31 | RM508.30 Million ≈ $127.62 Million |
+5.08% |
| 2017-12-31 | RM483.71 Million ≈ $121.44 Million |
+7.06% |
| 2016-12-31 | RM451.82 Million ≈ $113.44 Million |
+4.83% |
| 2015-12-31 | RM431.00 Million ≈ $108.21 Million |
-0.23% |
| 2014-12-31 | RM432.00 Million ≈ $108.46 Million |
+1.17% |
| 2013-12-31 | RM427.00 Million ≈ $107.21 Million |
+4.66% |
| 2012-12-31 | RM408.00 Million ≈ $102.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Choo Bee Metal Industries 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 grown by 40.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM455.85 Million | 76.75% |
| Other Components | RM138.12 Million | 23.25% |
| Total Equity | RM593.97 Million | 100.00% |
Choo Bee Metal Industries Bhd Competitors by Market Cap
The table below lists competitors of Choo Bee Metal Industries Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
4Mass SA
WAR:4MS
|
$26.60 Million |
|
Worth Peripherals Limited
NSE:WORTH
|
$26.62 Million |
|
Nacon Sa
PA:NACON
|
$26.62 Million |
|
Above Food Ingredients Inc. Common Stock
NASDAQ:ABVE
|
$26.62 Million |
|
Cue Biopharma
NASDAQ:CUE
|
$26.56 Million |
|
Etiler İnci Bufe Gida Sanayi ve Dis Ticaret AS
IS:ETILR
|
$26.55 Million |
|
Medicenna Therapeutics Corp
TO:MDNA
|
$26.55 Million |
|
Central Motek Co Ltd
KO:308170
|
$26.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Choo Bee Metal Industries Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 620,688,000 to 593,968,000, a change of -26,720,000 (-4.3%).
- Net loss of 25,740,000 reduced equity.
- Dividend payments of 980,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-25.74 Million | -4.33% |
| Dividends Paid | RM980.00K | -0.16% |
| Total Change | RM- | -4.30% |
Book Value vs Market Value Analysis
This analysis compares Choo Bee Metal Industries 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: 0.18x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM2.30 | RM0.54 | x |
| 2017-12-31 | RM2.47 | RM0.54 | x |
| 2018-12-31 | RM2.59 | RM0.54 | x |
| 2019-12-31 | RM2.55 | RM0.54 | x |
| 2020-12-31 | RM2.65 | RM0.54 | x |
| 2021-12-31 | RM3.16 | RM0.54 | x |
| 2022-12-31 | RM3.18 | RM0.54 | x |
| 2023-12-31 | RM3.17 | RM0.54 | x |
| 2024-12-31 | RM3.03 | RM0.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Choo Bee Metal Industries 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): -4.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.49%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.06x
- Recent ROE (-4.33%) is below the historical average (4.20%), 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 | 5.47% | 6.69% | 0.77x | 1.06x | RM-20.47 Million |
| 2017 | 8.62% | 9.12% | 0.89x | 1.06x | RM-6.68 Million |
| 2018 | 6.37% | 6.47% | 0.91x | 1.08x | RM-18.47 Million |
| 2019 | -0.22% | -0.25% | 0.85x | 1.04x | RM-51.18 Million |
| 2020 | 3.75% | 5.65% | 0.63x | 1.06x | RM-32.53 Million |
| 2021 | 16.66% | 20.32% | 0.77x | 1.06x | RM41.27 Million |
| 2022 | 1.31% | 1.65% | 0.75x | 1.06x | RM-54.18 Million |
| 2023 | 0.18% | 0.28% | 0.62x | 1.05x | RM-60.94 Million |
| 2024 | -4.33% | -6.49% | 0.63x | 1.06x | RM-85.14 Million |
Industry Comparison
This section compares Choo Bee Metal Industries Bhd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $497,911,185
- Average return on equity (ROE) among peers: -1.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Choo Bee Metal Industries Bhd (5797) | RM588.77 Million | 5.47% | 0.02x | $26.59 Million |
| Tashin Holdings Bhd (0211) | $197.36 Million | 4.70% | 0.27x | $18.40 Million |
| LEFORM (0266) | $551.74 Million | -1.32% | 2.62x | $63.21 Million |
| Minox International Group Berhad (0288) | $35.01 Million | 11.96% | 1.06x | $15.82 Million |
| TSA (0297) | $187.67 Million | 8.56% | 0.37x | $66.78 Million |
| Melewar Industrial Group Bhd (3778) | $241.94 Million | -32.33% | 2.18x | $12.63 Million |
| Lion Industries Corporation Bhd (4235) | $1.39 Billion | 5.74% | 1.31x | $23.93 Million |
| AYS Ventures Bhd (5021) | $258.52 Million | -4.07% | 1.95x | $22.59 Million |
| Hiap Teck Venture Bhd (5072) | $807.37 Million | -12.75% | 0.67x | $126.85 Million |
| Mycron Steel Bhd (5087) | $493.44 Million | -2.50% | 0.44x | $21.35 Million |
| CSC Steel Holdings Bhd (5094) | $819.15 Million | 7.30% | 0.09x | $134.44 Million |
About Choo Bee Metal Industries Bhd
Choo Bee Metal Industries Berhad, together with its subsidiaries, manufactures and sells flat-based steel products in Malaysia and rest of Asia. It operates through two segments, Trading and Manufacturing. The company offers angles, pipes, beams, bars, channels, hollow sections, purlins, rails, plates, steel sheet piles, stainless steel products, and wire mesh. It is also involved in processing o… Read more