ARK Resources Bhd (7007) - Net Assets
Based on the latest financial reports, ARK Resources Bhd (7007) has net assets worth RM28.31 Million MYR (≈ $7.11 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM87.61 Million ≈ $22.00 Million USD) and total liabilities (RM59.30 Million ≈ $14.89 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 7007 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM28.31 Million |
| % of Total Assets | 32.32% |
| Annual Growth Rate | 0.96% |
| 5-Year Change | 88.7% |
| 10-Year Change | 32.95% |
| Growth Volatility | 20.75 |
ARK Resources Bhd - Net Assets Trend (2012–2024)
This chart illustrates how ARK Resources Bhd's net assets have evolved over time, based on quarterly financial data. Also explore ARK Resources Bhd total assets for the complete picture of this company's asset base.
Annual Net Assets for ARK Resources Bhd (2012–2024)
The table below shows the annual net assets of ARK Resources Bhd from 2012 to 2024. For live valuation and market cap data, see ARK Resources Bhd (7007) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM24.66 Million ≈ $6.19 Million |
+64.07% |
| 2023-12-31 | RM15.03 Million ≈ $3.77 Million |
+17.06% |
| 2022-12-31 | RM12.84 Million ≈ $3.22 Million |
-6.00% |
| 2021-12-31 | RM13.66 Million ≈ $3.43 Million |
+4.52% |
| 2020-12-31 | RM13.07 Million ≈ $3.28 Million |
-10.83% |
| 2019-12-31 | RM14.66 Million ≈ $3.68 Million |
-0.34% |
| 2018-12-31 | RM14.71 Million ≈ $3.69 Million |
-15.31% |
| 2017-12-31 | RM17.37 Million ≈ $4.36 Million |
+1.08% |
| 2016-12-31 | RM17.18 Million ≈ $4.31 Million |
-7.39% |
| 2015-12-31 | RM18.55 Million ≈ $4.66 Million |
+9.12% |
| 2014-12-31 | RM17.00 Million ≈ $4.27 Million |
-15.00% |
| 2013-12-31 | RM20.00 Million ≈ $5.02 Million |
-9.09% |
| 2012-12-31 | RM22.00 Million ≈ $5.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ARK 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 grown by 2528281000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM28.82 Million | 116.86% |
| Total Equity | RM24.66 Million | 100.00% |
ARK Resources Bhd Competitors by Market Cap
The table below lists competitors of ARK Resources Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CASA DE BUCOVINA-CLUB DE MUNTE
RO:BCM
|
$5.63 Million |
|
Boku Inc
LSE:BOKU
|
$5.63 Million |
|
Vinny Overseas Limited
NSE:VINNY
|
$5.64 Million |
|
Wellard Ltd
AU:WLD
|
$5.64 Million |
|
Strike Resources Ltd
AU:SRK
|
$5.62 Million |
|
Alpha Compute Corp
NASDAQ:ALP
|
$5.62 Million |
|
Eminence Minerals Limited
AU:EMA
|
$5.62 Million |
|
Boqii Holding Limited
NYSE:BQ
|
$5.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ARK Resources Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,032,994 to 24,664,300, a change of 9,631,306 (64.1%).
- Net income of 2,949,420 contributed positively to equity growth.
- Share repurchases of 6,681,890 reduced equity.
- New share issuances of 6,681,000 increased equity.
- Other factors increased equity by 6,682,776.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.95 Million | +11.96% |
| Share Repurchases | RM6.68 Million | -27.09% |
| Share Issuances | RM6.68 Million | +27.09% |
| Other Changes | RM6.68 Million | +27.09% |
| Total Change | RM- | 64.07% |
Book Value vs Market Value Analysis
This analysis compares ARK 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: 0.83x
- 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.
- The price-to-book ratio has increased from 0.64x to 0.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.35 | RM0.23 | x |
| 2017-12-31 | RM0.36 | RM0.23 | x |
| 2018-12-31 | RM0.30 | RM0.23 | x |
| 2019-12-31 | RM0.23 | RM0.23 | x |
| 2020-12-31 | RM0.21 | RM0.23 | x |
| 2021-12-31 | RM0.20 | RM0.23 | x |
| 2022-12-31 | RM0.18 | RM0.23 | x |
| 2023-12-31 | RM0.22 | RM0.23 | x |
| 2024-12-31 | RM0.27 | RM0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ARK 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): 11.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.82%
- • Asset Turnover: 1.71x
- • Equity Multiplier: 3.84x
- Recent ROE (11.96%) is above the historical average (-4.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.96% | 4.20% | 0.72x | 1.31x | RM-1.12 Million |
| 2016 | -11.94% | -30.63% | 0.29x | 1.35x | RM-3.77 Million |
| 2017 | 1.07% | 2.29% | 0.36x | 1.29x | RM-1.55 Million |
| 2018 | -18.08% | -83.72% | 0.19x | 1.12x | RM-4.13 Million |
| 2019 | -14.78% | -70.17% | 0.17x | 1.27x | RM-3.63 Million |
| 2020 | -12.14% | -150.18% | 0.06x | 1.32x | RM-2.89 Million |
| 2021 | -15.13% | -184.49% | 0.06x | 1.35x | RM-3.43 Million |
| 2022 | -6.38% | -11.24% | 0.39x | 1.44x | RM-2.10 Million |
| 2023 | 14.58% | 2.37% | 1.36x | 4.50x | RM687.84K |
| 2024 | 11.96% | 1.82% | 1.71x | 3.84x | RM482.99K |
Industry Comparison
This section compares ARK Resources Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $101,046,365
- Average return on equity (ROE) among peers: 7.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ARK Resources Bhd (7007) | RM28.31 Million | 3.96% | 2.09x | $5.62 Million |
| Southern Score Builders Berhad (0045) | $148.98 Million | 16.99% | 0.33x | $313.81 Million |
| Ecobuilt Holdings Bhd (0059) | $66.08 Million | 12.86% | 0.15x | $4.23 Million |
| Mega Sun City Holdings Bhd (0081) | $52.47 Million | -28.16% | 0.02x | $3.72 Million |
| Waja Konsortium Bhd (0102) | $33.07 Million | -28.61% | 0.43x | $11.20 Million |
| Kelington Group Bhd (0151) | $66.99 Million | 13.23% | 1.98x | $1.38 Billion |
| Widad Group Bhd (0162) | $357.92 Million | 19.78% | 1.42x | $7.84 Million |
| Pasukhas Group Bhd (0177) | $136.35 Million | -12.43% | 0.39x | $3.59 Million |
| HSS Engineers Bhd (0185) | $78.71 Million | 17.81% | 0.59x | $54.89 Million |
| Cabnet Holdings Bhd (0191) | $14.34 Million | 40.24% | 1.06x | $11.22 Million |
| Inta Bina Group Bhd (0192) | $55.55 Million | 22.91% | 2.88x | $58.65 Million |
About ARK Resources Bhd
ARK Resources Holdings Berhad, an investment holding company, engages in civil, building construction, and engineering works in Malaysia. It operates through three segments: Property Development, Construction, and Management and Investment Holding. The company also undertakes civil, geo-technical, soil improvement, mechanical, and electrical engineering works. In addition, it engages in the prope… Read more