Ann Joo Resources Bhd
Ann Joo Resources Berhad, an investment holding company, manufactures and trades in iron, steel, and steel related products in Malaysia and Singapore. It operates through Upstream Steel Division; Downstream Steel Division; Green Technology Division; and Investment Holding, Property Management, and Others segments. The company manufactures and sells hot metal and pig iron products; granulated slag… Read more
Ann Joo Resources Bhd (6556) - Net Assets
Latest net assets as of December 2025: RM722.06 Million MYR
Based on the latest financial reports, Ann Joo Resources Bhd (6556) has net assets worth RM722.06 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 (RM2.61 Billion) and total liabilities (RM1.89 Billion). 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 | RM722.06 Million |
| % of Total Assets | 27.62% |
| Annual Growth Rate | 1.75% |
| 5-Year Change | -45.42% |
| 10-Year Change | -32.4% |
| Growth Volatility | 19.05 |
Ann Joo Resources Bhd - Net Assets Trend (2005–2025)
This chart illustrates how Ann Joo Resources 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 Ann Joo Resources Bhd (2005–2025)
The table below shows the annual net assets of Ann Joo Resources Bhd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM722.06 Million | -34.86% |
| 2024-12-31 | RM1.11 Billion | -13.88% |
| 2023-12-31 | RM1.29 Billion | +7.87% |
| 2022-12-31 | RM1.19 Billion | -9.79% |
| 2021-12-31 | RM1.32 Billion | +19.65% |
| 2020-12-31 | RM1.11 Billion | -8.22% |
| 2019-12-31 | RM1.20 Billion | -9.10% |
| 2018-12-31 | RM1.33 Billion | +7.98% |
| 2017-12-31 | RM1.23 Billion | +14.90% |
| 2016-12-31 | RM1.07 Billion | +15.28% |
| 2015-12-31 | RM926.58 Million | -12.87% |
| 2014-12-31 | RM1.06 Billion | +1.36% |
| 2013-12-31 | RM1.05 Billion | +0.74% |
| 2012-12-31 | RM1.04 Billion | -3.42% |
| 2011-12-31 | RM1.08 Billion | +0.34% |
| 2010-12-31 | RM1.07 Billion | +16.70% |
| 2009-12-31 | RM920.90 Million | +0.59% |
| 2008-12-31 | RM915.52 Million | +4.99% |
| 2007-12-31 | RM872.01 Million | +2.87% |
| 2006-12-31 | RM847.71 Million | +66.09% |
| 2005-12-31 | RM510.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ann Joo 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 124.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM714.85 Million | 96.53% |
| Other Components | RM59.43 Million | 8.02% |
| Total Equity | RM740.55 Million | 100.00% |
Ann Joo Resources Bhd Competitors by Market Cap
The table below lists competitors of Ann Joo Resources Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SSC Security Services Corp
OTCQX:SECUF
|
$20.45 Million |
|
Ranix INC
KQ:317120
|
$20.46 Million |
|
HEALTH NET
F:HNT
|
$20.46 Million |
|
Myomo Inc
NYSE MKT:MYO
|
$20.46 Million |
|
OHTL Public Company Limited
BK:OHTL
|
$20.45 Million |
|
Milae Bioresources Co. Ltd
KQ:218150
|
$20.44 Million |
|
Bioxyne Ltd
AU:BXN
|
$20.44 Million |
|
Elliptic Laboratories AS
OL:ELABS
|
$20.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ann Joo Resources Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,025,056,000 to 740,554,000, a change of -284,502,000 (-27.8%).
- Net loss of 255,771,000 reduced equity.
- Other comprehensive income decreased equity by 190,442,999.
- Other factors increased equity by 161,711,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-255.77 Million | -34.54% |
| Other Comprehensive Income | RM-190.44 Million | -25.72% |
| Other Changes | RM161.71 Million | +21.84% |
| Total Change | RM- | -27.75% |
Book Value vs Market Value Analysis
This analysis compares Ann Joo 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: 0.49x
- 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 |
|---|---|---|---|
| 2005-12-31 | RM1.07 | RM0.52 | x |
| 2006-12-31 | RM1.41 | RM0.52 | x |
| 2007-12-31 | RM1.63 | RM0.52 | x |
| 2008-12-31 | RM1.16 | RM0.52 | x |
| 2009-12-31 | RM1.19 | RM0.52 | x |
| 2010-12-31 | RM1.39 | RM0.52 | x |
| 2011-12-31 | RM1.41 | RM0.52 | x |
| 2012-12-31 | RM2.07 | RM0.52 | x |
| 2013-12-31 | RM2.10 | RM0.52 | x |
| 2014-12-31 | RM2.12 | RM0.52 | x |
| 2015-12-31 | RM1.85 | RM0.52 | x |
| 2016-12-31 | RM2.09 | RM0.52 | x |
| 2017-12-31 | RM1.99 | RM0.52 | x |
| 2018-12-31 | RM2.14 | RM0.52 | x |
| 2019-12-31 | RM2.24 | RM0.52 | x |
| 2020-12-31 | RM2.05 | RM0.52 | x |
| 2021-12-31 | RM2.11 | RM0.52 | x |
| 2022-12-31 | RM2.14 | RM0.52 | x |
| 2023-12-31 | RM2.15 | RM0.52 | x |
| 2024-12-31 | RM1.77 | RM0.52 | x |
| 2025-12-31 | RM1.06 | RM0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ann Joo 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): -34.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.77%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 3.53x
- Recent ROE (-34.54%) is below the historical average (2.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 4.20% | 3.59% | 0.79x | 1.49x | RM-28.01 Million |
| 2006 | 19.94% | 8.70% | 0.98x | 2.34x | RM63.20 Million |
| 2007 | 26.50% | 11.26% | 1.15x | 2.04x | RM136.53 Million |
| 2008 | 16.80% | 6.70% | 1.07x | 2.34x | RM60.22 Million |
| 2009 | 3.40% | 2.36% | 0.66x | 2.17x | RM-59.84 Million |
| 2010 | 11.37% | 6.58% | 0.68x | 2.56x | RM14.53 Million |
| 2011 | 5.79% | 2.78% | 0.79x | 2.62x | RM-45.23 Million |
| 2012 | -1.88% | -0.94% | 0.71x | 2.81x | RM-123.16 Million |
| 2013 | 1.17% | 0.57% | 0.70x | 2.95x | RM-92.65 Million |
| 2014 | 2.20% | 1.02% | 0.84x | 2.56x | RM-82.96 Million |
| 2015 | -14.62% | -7.69% | 0.72x | 2.64x | RM-228.13 Million |
| 2016 | 15.61% | 8.92% | 0.81x | 2.17x | RM59.96 Million |
| 2017 | 16.73% | 9.36% | 0.92x | 1.95x | RM82.65 Million |
| 2018 | 11.28% | 6.44% | 0.85x | 2.06x | RM17.02 Million |
| 2019 | -7.46% | -4.05% | 0.89x | 2.07x | RM-210.32 Million |
| 2020 | -9.04% | -5.29% | 0.85x | 2.02x | RM-210.55 Million |
| 2021 | 18.36% | 10.14% | 0.91x | 1.99x | RM110.64 Million |
| 2022 | -11.16% | -4.39% | 1.11x | 2.29x | RM-252.42 Million |
| 2023 | -0.18% | -0.09% | 0.79x | 2.65x | RM-122.07 Million |
| 2024 | -28.18% | -11.44% | 0.82x | 2.99x | RM-391.37 Million |
| 2025 | -34.54% | -11.77% | 0.83x | 3.53x | RM-329.83 Million |
Industry Comparison
This section compares Ann Joo Resources Bhd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $381,013,739
- Average return on equity (ROE) among peers: 3.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ann Joo Resources Bhd (6556) | RM722.06 Million | 4.20% | 2.62x | $20.45 Million |
| Tashin Holdings Bhd (0211) | $258.05 Million | 2.39% | 0.31x | $3.14 Million |
| LEFORM (0266) | $125.76 Million | 5.41% | 1.77x | $10.26 Million |
| Minox International Group Berhad (0288) | $39.78 Million | 20.96% | 0.83x | $2.59 Million |
| TSA (0297) | $184.54 Million | 9.47% | 0.50x | $3.78 Million |
| Hydropipes Industries Sdn. Bhd. (03060) | $8.17 Million | 0.00% | 0.21x | $643.48 |
| BWYS Group Berhad (0313) | $106.31 Million | 23.37% | 2.07x | $7.01 Million |
| Colform Group Berhad (0341) | $78.21 Million | 15.80% | 0.34x | $614.09 |
| Saliran Group Berhad (0346) | $20.32 Million | 29.30% | 4.29x | $2.93 Million |
| Melewar Industrial Group Bhd (3778) | $322.00 Million | -66.77% | 3.42x | $4.77 Million |
| Lion Industries Corporation Bhd (4235) | $2.67 Billion | -9.56% | 0.60x | $9.69 Million |