Ann Joo Resources Bhd (6556) - Net Assets
Based on the latest financial reports, Ann Joo Resources Bhd (6556) has net assets worth RM724.32 Million MYR (≈ $181.85 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.50 Billion ≈ $628.04 Million USD) and total liabilities (RM1.78 Billion ≈ $446.19 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 strategically is Ann Joo Resources Bhd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM724.32 Million |
| % of Total Assets | 28.96% |
| 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. For live market cap and overall valuation, see market cap of Ann Joo Resources Bhd.
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. Also explore 6556 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM722.06 Million ≈ $181.28 Million |
-34.86% |
| 2024-12-31 | RM1.11 Billion ≈ $278.32 Million |
-13.88% |
| 2023-12-31 | RM1.29 Billion ≈ $323.18 Million |
+7.87% |
| 2022-12-31 | RM1.19 Billion ≈ $299.60 Million |
-9.79% |
| 2021-12-31 | RM1.32 Billion ≈ $332.12 Million |
+19.65% |
| 2020-12-31 | RM1.11 Billion ≈ $277.58 Million |
-8.22% |
| 2019-12-31 | RM1.20 Billion ≈ $302.44 Million |
-9.10% |
| 2018-12-31 | RM1.33 Billion ≈ $332.73 Million |
+7.98% |
| 2017-12-31 | RM1.23 Billion ≈ $308.14 Million |
+14.90% |
| 2016-12-31 | RM1.07 Billion ≈ $268.17 Million |
+15.28% |
| 2015-12-31 | RM926.58 Million ≈ $232.63 Million |
-12.87% |
| 2014-12-31 | RM1.06 Billion ≈ $267.01 Million |
+1.36% |
| 2013-12-31 | RM1.05 Billion ≈ $263.42 Million |
+0.74% |
| 2012-12-31 | RM1.04 Billion ≈ $261.47 Million |
-3.42% |
| 2011-12-31 | RM1.08 Billion ≈ $270.74 Million |
+0.34% |
| 2010-12-31 | RM1.07 Billion ≈ $269.81 Million |
+16.70% |
| 2009-12-31 | RM920.90 Million ≈ $231.21 Million |
+0.59% |
| 2008-12-31 | RM915.52 Million ≈ $229.86 Million |
+4.99% |
| 2007-12-31 | RM872.01 Million ≈ $218.93 Million |
+2.87% |
| 2006-12-31 | RM847.71 Million ≈ $212.83 Million |
+66.09% |
| 2005-12-31 | RM510.38 Million ≈ $128.14 Million |
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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 169.2% 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 | 95.86% |
| Other Comprehensive Income | RM183.13 Million | 24.56% |
| Total Equity | RM745.70 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 |
|---|---|
|
Scientex Packaging
KLSE:8125
|
$98.70 Million |
|
GAMSUNG Corporation Co. Ltd
KQ:036620
|
$98.73 Million |
|
Patriot One Technologies Inc
F:0PL
|
$98.75 Million |
|
Trans Power Marine Tbk
JK:TPMA
|
$98.75 Million |
|
Serrano 61 Desarrollo SOCIMI SA
MC:YSRR
|
$98.65 Million |
|
Sagittarius Life Science
TWO:3205
|
$98.64 Million |
|
Silla Co.Ltd
KO:004970
|
$98.63 Million |
|
SciVision Biotech Inc
TW:1786
|
$98.59 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 745,702,000, a change of -279,354,000 (-27.3%).
- Net loss of 255,771,000 reduced equity.
- Other comprehensive income decreased equity by 7,310,999.
- Other factors decreased equity by 16,272,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-255.77 Million | -34.3% |
| Other Comprehensive Income | RM-7.31 Million | -0.98% |
| Other Changes | RM-16.27 Million | -2.18% |
| Total Change | RM- | -27.25% |
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: 0.53x
- 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 | RM0.56 | x |
| 2006-12-31 | RM1.41 | RM0.56 | x |
| 2007-12-31 | RM1.63 | RM0.56 | x |
| 2008-12-31 | RM1.16 | RM0.56 | x |
| 2009-12-31 | RM1.19 | RM0.56 | x |
| 2010-12-31 | RM1.39 | RM0.56 | x |
| 2011-12-31 | RM1.41 | RM0.56 | x |
| 2012-12-31 | RM2.07 | RM0.56 | x |
| 2013-12-31 | RM2.10 | RM0.56 | x |
| 2014-12-31 | RM2.12 | RM0.56 | x |
| 2015-12-31 | RM1.85 | RM0.56 | x |
| 2016-12-31 | RM2.09 | RM0.56 | x |
| 2017-12-31 | RM1.99 | RM0.56 | x |
| 2018-12-31 | RM2.14 | RM0.56 | x |
| 2019-12-31 | RM2.24 | RM0.56 | x |
| 2020-12-31 | RM2.05 | RM0.56 | x |
| 2021-12-31 | RM2.11 | RM0.56 | x |
| 2022-12-31 | RM2.14 | RM0.56 | x |
| 2023-12-31 | RM2.15 | RM0.56 | x |
| 2024-12-31 | RM1.77 | RM0.56 | x |
| 2025-12-31 | RM1.06 | RM0.56 | 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): -34.30%
- 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: 3.51x
- Recent ROE (-34.30%) is below the historical average (2.22%), 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 | -34.30% | -11.77% | 0.83x | 3.51x | RM-330.34 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: $524,546,869
- Average return on equity (ROE) among peers: 4.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ann Joo Resources Bhd (6556) | RM724.32 Million | 4.20% | 2.45x | $98.66 Million |
| Tashin Holdings Bhd (0211) | $155.78 Million | 7.24% | 0.30x | $16.21 Million |
| LEFORM (0266) | $551.74 Million | -1.32% | 2.62x | $63.21 Million |
| Minox International Group Berhad (0288) | $79.17 Million | 6.50% | 0.32x | $14.46 Million |
| TSA (0297) | $184.54 Million | 9.47% | 0.52x | $71.05 Million |
| Melewar Industrial Group Bhd (3778) | $416.35 Million | 1.24% | 1.07x | $11.73 Million |
| Lion Industries Corporation Bhd (4235) | $1.21 Billion | -7.22% | 1.02x | $18.80 Million |
| AYS Ventures Bhd (5021) | $208.00 Million | 6.25% | 1.23x | $24.69 Million |
| Hiap Teck Venture Bhd (5072) | $1.27 Billion | 12.26% | 0.59x | $111.54 Million |
| Mycron Steel Bhd (5087) | $385.86 Million | -2.74% | 0.64x | $19.71 Million |
| CSC Steel Holdings Bhd (5094) | $778.46 Million | 11.71% | 0.11x | $114.97 Million |
About 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