Kobay Tech Bhd (6971) - Net Assets

Latest as of September 2025: RM379.78 Million MYR ≈ $95.35 Million USD

Based on the latest financial reports, Kobay Tech Bhd (6971) has net assets worth RM379.78 Million MYR (≈ $95.35 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 (RM635.25 Million ≈ $159.49 Million USD) and total liabilities (RM255.47 Million ≈ $64.14 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 6971 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Kobay Tech Bhd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Kobay Tech Bhd.

Year	Net Assets	Change
2025-06-30	RM364.90 Million ≈ $91.62 Million	-6.95%
2024-06-30	RM392.15 Million ≈ $98.46 Million	-0.48%
2023-06-30	RM394.04 Million ≈ $98.93 Million	+4.21%
2022-06-30	RM378.11 Million ≈ $94.93 Million	+80.03%
2021-06-30	RM210.03 Million ≈ $52.73 Million	+5.61%
2020-06-30	RM198.87 Million ≈ $49.93 Million	+11.71%
2019-06-30	RM178.04 Million ≈ $44.70 Million	+11.91%
2018-06-30	RM159.08 Million ≈ $39.94 Million	+8.82%
2017-06-30	RM146.19 Million ≈ $36.70 Million	+2.96%
2016-06-30	RM141.99 Million ≈ $35.65 Million	+3.19%
2015-06-30	RM137.60 Million ≈ $34.55 Million	+5.92%
2014-06-30	RM129.91 Million ≈ $32.62 Million	+8.25%
2013-06-30	RM120.00 Million ≈ $30.13 Million	-19.87%
2012-06-30	RM149.76 Million ≈ $37.60 Million	-0.50%
2011-06-30	RM150.51 Million ≈ $37.79 Million	+5.53%
2010-06-30	RM142.63 Million ≈ $35.81 Million	+1.66%
2009-06-30	RM140.30 Million ≈ $35.22 Million	+30.31%
2008-06-30	RM107.67 Million ≈ $27.03 Million	+4.22%
2007-06-30	RM103.30 Million ≈ $25.94 Million	+0.71%
2006-06-30	RM102.57 Million ≈ $25.75 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
HomeChoice Investments Ltd JSE:HIL	$205.79 Million
Lotte Chemical Titan Holding BHD KLSE:5284	$205.85 Million
TRG Latin America Acquisitions Corp. Class A Ordinary Shares NASDAQ:TRGS	$205.86 Million
BINEX Co. Ltd KQ:053030	$205.86 Million
Elentec Co. Ltd KQ:054210	$205.76 Million
Sriracha Construction Public Company Limited BK:SRICHA	$205.73 Million
Sammok S-Form Co.Ltd KQ:018310	$205.68 Million
Samara Asset Group F:SRAG	$205.59 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: 2.25x
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 7.84x to 2.25x 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	RM2.56	x
2007-06-30	RM0.33	RM2.56	x
2008-06-30	RM0.35	RM2.56	x
2009-06-30	RM0.35	RM2.56	x
2010-06-30	RM0.35	RM2.56	x
2011-06-30	RM0.37	RM2.56	x
2012-06-30	RM0.36	RM2.56	x
2013-06-30	RM0.39	RM2.56	x
2014-06-30	RM0.43	RM2.56	x
2015-06-30	RM0.45	RM2.56	x
2016-06-30	RM0.46	RM2.56	x
2017-06-30	RM0.48	RM2.56	x
2018-06-30	RM0.52	RM2.56	x
2019-06-30	RM0.58	RM2.56	x
2020-06-30	RM0.65	RM2.56	x
2021-06-30	RM0.69	RM2.56	x
2022-06-30	RM1.16	RM2.56	x
2023-06-30	RM1.19	RM2.56	x
2024-06-30	RM1.19	RM2.56	x
2025-06-30	RM1.14	RM2.56	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: $207,164,209
Average return on equity (ROE) among peers: 9.15%

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	$205.79 Million
Mestron Holdings (0207)	$140.91 Million	4.80%	0.54x	$34.93 Million
Volcano Bhd (0232)	$67.65 Million	7.07%	0.10x	$14.14 Million
CEKD Bhd (0238)	$69.24 Million	7.26%	0.42x	$13.68 Million
Coraza Integrated Technology Bhd (0240)	$29.25 Million	27.40%	1.03x	$116.63 Million
SFP Tech Holdings Bhd (0251)	$37.43 Million	28.13%	0.77x	$135.58 Million
Wentel Engineering Holdings Berhad (0298)	$87.70 Million	23.35%	0.23x	$72.18 Million
Seremban Engineering Bhd (5163)	$44.00 Million	-43.18%	2.39x	$13.30 Million
Uwc Bhd (5292)	$74.43 Million	19.97%	0.83x	$1.63 Billion
APB Resources Bhd (5568)	$193.00 Million	9.33%	0.16x	$6.08 Million
Kumpulan Perangsang Selangor (5843)	$1.33 Billion	7.36%	0.38x	$76.90 Million

About Kobay Tech Bhd

KLSE:6971 Malaysia Metal Fabrication

Market Cap

$205.79 Million

RM819.66 Million MYR

Market Cap Rank

#16563 Global

#208 in Malaysia

Share Price

RM2.56

Change (1 day)

+0.39%

52-Week Range

RM1.12 - RM2.56

All Time High

RM6.32