PCCS Group Bhd
PCCS Group Berhad, an investment holding company, primarily manufactures, markets, and sells apparel in Malaysia, Cambodia, Hong Kong, Singapore, and the People's Republic of China. It operates in four segments: Apparel, Label and Packaging, Credit Financing, and Others. The company also engages in the research and development, manufacturing, import, and export of medical and healthcare products;… Read more
PCCS Group Bhd (6068) - Net Assets
Latest net assets as of September 2025: RM176.33 Million MYR
Based on the latest financial reports, PCCS Group Bhd (6068) has net assets worth RM176.33 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM338.91 Million) and total liabilities (RM162.58 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 | RM176.33 Million |
| % of Total Assets | 52.03% |
| Annual Growth Rate | 3.54% |
| 5-Year Change | 7.05% |
| 10-Year Change | 76.93% |
| Growth Volatility | 14.23 |
PCCS Group Bhd - Net Assets Trend (2013–2025)
This chart illustrates how PCCS Group Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PCCS Group Bhd (2013–2025)
The table below shows the annual net assets of PCCS Group Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM171.46 Million | -0.08% |
| 2024-03-31 | RM171.59 Million | +2.50% |
| 2023-03-31 | RM167.41 Million | +2.10% |
| 2022-03-31 | RM163.97 Million | +2.37% |
| 2021-03-31 | RM160.17 Million | +4.34% |
| 2020-03-31 | RM153.51 Million | +9.38% |
| 2019-03-31 | RM140.34 Million | +12.08% |
| 2018-03-31 | RM125.21 Million | +44.73% |
| 2017-03-31 | RM86.51 Million | -10.73% |
| 2016-03-31 | RM96.91 Million | -8.57% |
| 2015-03-31 | RM106.00 Million | -12.40% |
| 2014-03-31 | RM121.00 Million | +7.08% |
| 2013-03-31 | RM113.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PCCS Group 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 162.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM76.96 Million | 44.89% |
| Common Stock | RM91.45 Million | 53.34% |
| Other Components | RM3.05 Million | 1.78% |
| Total Equity | RM171.46 Million | 100.00% |
PCCS Group Bhd Competitors by Market Cap
The table below lists competitors of PCCS Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Storebrand Global Multifactor A5
CO:STIGM
|
$2.61 Million |
|
Indo Oil Perkasa PT
JK:OILS
|
$2.61 Million |
|
M4B SA ZY 8
F:24D
|
$2.61 Million |
|
Elecster Oyj A
HE:ELEAV
|
$2.61 Million |
|
Island Concepts Indonesia Tbk
JK:ICON
|
$2.61 Million |
|
CLARITY METALS CORP.
F:27G0
|
$2.61 Million |
|
TRAVLR COMP - Dusseldorf Stock Exchang
DU:PA9
|
$2.61 Million |
|
Granite Creek Copper Ltd
OTCQB:GCXXF
|
$2.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PCCS Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 171,593,000 to 171,464,000, a change of -129,000 (-0.1%).
- Net income of 5,720,000 contributed positively to equity growth.
- Dividend payments of 2,206,000 reduced retained earnings.
- Other factors decreased equity by 3,643,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.72 Million | +3.34% |
| Dividends Paid | RM2.21 Million | -1.29% |
| Other Changes | RM-3.64 Million | -2.12% |
| Total Change | RM- | -0.08% |
Book Value vs Market Value Analysis
This analysis compares PCCS Group 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: 0.37x
- 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 |
|---|---|---|---|
| 2017-03-31 | RM0.85 | RM0.29 | x |
| 2018-03-31 | RM0.60 | RM0.29 | x |
| 2019-03-31 | RM0.67 | RM0.29 | x |
| 2020-03-31 | RM0.73 | RM0.29 | x |
| 2021-03-31 | RM0.76 | RM0.29 | x |
| 2022-03-31 | RM0.76 | RM0.29 | x |
| 2023-03-31 | RM0.76 | RM0.29 | x |
| 2024-03-31 | RM0.78 | RM0.29 | x |
| 2025-03-31 | RM0.78 | RM0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PCCS Group 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): 3.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.04%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 2.19x
- Recent ROE (3.34%) is above the historical average (2.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -10.58% | -2.38% | 1.55x | 2.87x | RM-19.95 Million |
| 2017 | -10.68% | -1.91% | 1.57x | 3.57x | RM-17.89 Million |
| 2018 | 3.61% | 0.86% | 1.85x | 2.28x | RM-8.00 Million |
| 2019 | 14.59% | 4.67% | 1.51x | 2.07x | RM6.44 Million |
| 2020 | 9.85% | 3.56% | 1.30x | 2.13x | RM-234.90K |
| 2021 | 1.98% | 0.97% | 1.01x | 2.02x | RM-12.84 Million |
| 2022 | 1.77% | 0.70% | 1.05x | 2.41x | RM-13.50 Million |
| 2023 | 9.76% | 3.52% | 1.50x | 1.84x | RM-407.60K |
| 2024 | 3.75% | 1.70% | 1.05x | 2.09x | RM-10.72 Million |
| 2025 | 3.34% | 1.04% | 1.46x | 2.19x | RM-11.43 Million |
Industry Comparison
This section compares PCCS Group Bhd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $299,303,526
- Average return on equity (ROE) among peers: 4.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PCCS Group Bhd (6068) | RM176.33 Million | -10.58% | 0.92x | $2.61 Million |
| Magni Tech Industries Bhd (7087) | $762.20 Million | 12.03% | 0.13x | $47.43 Million |
| Caely Holdings Bhd (7154) | $106.71 Million | -8.54% | 0.92x | $3.21 Million |
| Cheetah Holdings Bhd (7209) | $139.01 Million | -5.10% | 0.07x | $4.50 Million |
| Prolexus Bhd (8966) | $246.97 Million | 7.14% | 0.75x | $2.77 Million |
| Bonia Corporation Bhd (9288) | $432.93 Million | 7.33% | 0.64x | $9.99 Million |
| Teo Guan Lee Corporation Bhd (9369) | $108.00 Million | 14.75% | 0.33x | $2.29 Million |