Kobay Tech Bhd
Kobay Technology Bhd., an investment holding company, engages in the manufacturing, property development, pharmaceutical and healthcare, asset management, and other businesses in Malaysia, Singapore, the United States, and internationally. The company offers precision plating and machined components, precision metal stampings, sheet metal parts, surface treatment, precision moulds and parts, tool… Read more
Kobay Tech Bhd (6971) - Net Assets
Latest net assets as of September 2025: RM379.78 Million MYR
Based on the latest financial reports, Kobay Tech Bhd (6971) has net assets worth RM379.78 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 (RM635.25 Million) and total liabilities (RM255.47 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 | RM379.78 Million |
| % of Total Assets | 59.78% |
| Annual Growth Rate | 6.91% |
| 5-Year Change | 73.74% |
| 10-Year Change | 156.99% |
| Growth Volatility | 19.26 |
Kobay Tech Bhd - Net Assets Trend (2006–2025)
This chart illustrates how Kobay Tech 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 Kobay Tech Bhd (2006–2025)
The table below shows the annual net assets of Kobay Tech Bhd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM364.90 Million | -6.95% |
| 2024-06-30 | RM392.15 Million | -0.48% |
| 2023-06-30 | RM394.04 Million | +4.21% |
| 2022-06-30 | RM378.11 Million | +80.03% |
| 2021-06-30 | RM210.03 Million | +5.61% |
| 2020-06-30 | RM198.87 Million | +11.71% |
| 2019-06-30 | RM178.04 Million | +11.91% |
| 2018-06-30 | RM159.08 Million | +8.82% |
| 2017-06-30 | RM146.19 Million | +2.96% |
| 2016-06-30 | RM141.99 Million | +3.19% |
| 2015-06-30 | RM137.60 Million | +5.92% |
| 2014-06-30 | RM129.91 Million | +8.25% |
| 2013-06-30 | RM120.00 Million | -19.87% |
| 2012-06-30 | RM149.76 Million | -0.50% |
| 2011-06-30 | RM150.51 Million | +5.53% |
| 2010-06-30 | RM142.63 Million | +1.66% |
| 2009-06-30 | RM140.30 Million | +30.31% |
| 2008-06-30 | RM107.67 Million | +4.22% |
| 2007-06-30 | RM103.30 Million | +0.71% |
| 2006-06-30 | RM102.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kobay Tech 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 484.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM166.57 Million | 45.68% |
| Common Stock | RM210.92 Million | 57.84% |
| Other Comprehensive Income | RM-3.28 Million | -0.90% |
| Total Equity | RM364.68 Million | 100.00% |
Kobay Tech Bhd Competitors by Market Cap
The table below lists competitors of Kobay Tech Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EuroDry Ltd
NASDAQ:EDRY
|
$24.88 Million |
|
Sharp Therapeutics Corp.
V:SHRX
|
$24.89 Million |
|
New Peoples Bankshares Inc
PINK:NWPP
|
$24.89 Million |
|
Sunview Group Bhd
KLSE:0262
|
$24.90 Million |
|
CervoMed Inc.
NASDAQ:CRVO
|
$24.88 Million |
|
First Phosphate Corp.
OTCQB:FRSPF
|
$24.87 Million |
|
Honyi International Company Limited
TWO:4530
|
$24.87 Million |
|
E& Corporation CO. LTD
KQ:066980
|
$24.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kobay Tech Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 380,847,664 to 364,681,000, a change of -16,166,664 (-4.2%).
- Net loss of 16,167,000 reduced equity.
- Other comprehensive income decreased equity by 4,833,000.
- Other factors increased equity by 4,833,336.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-16.17 Million | -4.43% |
| Other Comprehensive Income | RM-4.83 Million | -1.33% |
| Other Changes | RM4.83 Million | +1.33% |
| Total Change | RM- | -4.24% |
Book Value vs Market Value Analysis
This analysis compares Kobay Tech 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: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.44x to 1.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | RM0.33 | RM1.45 | x |
| 2007-06-30 | RM0.33 | RM1.45 | x |
| 2008-06-30 | RM0.35 | RM1.45 | x |
| 2009-06-30 | RM0.35 | RM1.45 | x |
| 2010-06-30 | RM0.35 | RM1.45 | x |
| 2011-06-30 | RM0.37 | RM1.45 | x |
| 2012-06-30 | RM0.36 | RM1.45 | x |
| 2013-06-30 | RM0.39 | RM1.45 | x |
| 2014-06-30 | RM0.43 | RM1.45 | x |
| 2015-06-30 | RM0.45 | RM1.45 | x |
| 2016-06-30 | RM0.46 | RM1.45 | x |
| 2017-06-30 | RM0.48 | RM1.45 | x |
| 2018-06-30 | RM0.52 | RM1.45 | x |
| 2019-06-30 | RM0.58 | RM1.45 | x |
| 2020-06-30 | RM0.65 | RM1.45 | x |
| 2021-06-30 | RM0.69 | RM1.45 | x |
| 2022-06-30 | RM1.16 | RM1.45 | x |
| 2023-06-30 | RM1.19 | RM1.45 | x |
| 2024-06-30 | RM1.19 | RM1.45 | x |
| 2025-06-30 | RM1.14 | RM1.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kobay Tech 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): -4.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.65%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.68x
- Recent ROE (-4.43%) is below the historical average (5.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 3.94% | 4.08% | 0.72x | 1.33x | RM-6.00 Million |
| 2007 | 2.94% | 3.13% | 0.71x | 1.32x | RM-7.02 Million |
| 2008 | 7.39% | 20.28% | 0.32x | 1.14x | RM-2.75 Million |
| 2009 | 1.56% | 2.96% | 0.37x | 1.44x | RM-8.97 Million |
| 2010 | 1.33% | 1.73% | 0.49x | 1.58x | RM-9.18 Million |
| 2011 | 5.86% | 5.89% | 0.65x | 1.52x | RM-4.63 Million |
| 2012 | -1.18% | -1.31% | 0.58x | 1.56x | RM-12.21 Million |
| 2013 | -0.46% | -0.60% | 0.64x | 1.21x | RM-12.38 Million |
| 2014 | 9.04% | 12.11% | 0.58x | 1.28x | RM-1.23 Million |
| 2015 | 7.79% | 9.34% | 0.66x | 1.26x | RM-3.01 Million |
| 2016 | 3.18% | 4.26% | 0.57x | 1.30x | RM-9.57 Million |
| 2017 | 3.25% | 3.78% | 0.66x | 1.31x | RM-9.84 Million |
| 2018 | 8.31% | 8.42% | 0.75x | 1.32x | RM-2.68 Million |
| 2019 | 10.66% | 11.19% | 0.69x | 1.38x | RM1.17 Million |
| 2020 | 12.07% | 12.11% | 0.69x | 1.44x | RM4.10 Million |
| 2021 | 12.78% | 17.05% | 0.54x | 1.40x | RM5.82 Million |
| 2022 | 14.14% | 14.50% | 0.62x | 1.57x | RM15.04 Million |
| 2023 | 6.97% | 8.45% | 0.56x | 1.48x | RM-11.51 Million |
| 2024 | 3.95% | 4.59% | 0.54x | 1.59x | RM-23.05 Million |
| 2025 | -4.43% | -4.65% | 0.57x | 1.68x | RM-52.64 Million |
Industry Comparison
This section compares Kobay Tech Bhd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $102,489,553
- Average return on equity (ROE) among peers: 5.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kobay Tech Bhd (6971) | RM379.78 Million | 3.94% | 0.67x | $24.88 Million |
| Mestron Holdings (0207) | $133.18 Million | 8.22% | 0.51x | $13.22 Million |
| Volcano Bhd (0232) | $67.65 Million | 7.07% | 0.10x | $2.97 Million |
| CEKD Bhd (0238) | $37.51 Million | 16.10% | 0.45x | $2.22 Million |
| Coraza Integrated Technology Bhd (0240) | $24.62 Million | 14.02% | 0.86x | $22.53 Million |
| SFP Tech Holdings Bhd (0251) | $197.22 Million | 19.84% | 0.48x | $15.02 Million |
| Wentel Engineering Holdings Berhad (0298) | $67.39 Million | 18.41% | 0.37x | $15.04 Million |
| Chemlite Innovation Berhad (0348) | $10.17 Million | 88.53% | 2.12x | $7.81 Million |
| Seremban Engineering Bhd (5163) | $25.52 Million | -141.72% | 3.68x | $1.36 Million |
| Uwc Bhd (5292) | $304.78 Million | 30.03% | 0.18x | $374.15 Million |
| APB Resources Bhd (5568) | $156.86 Million | -0.79% | 0.07x | $2.25 Million |