YKGI Holdings Bhd
ASTEEL Group Berhad manufactures and sells galvanized and coated steel products in Malaysia and internationally. The company operates in two segments, ARSB and STARSHINE. It also processes metal roofing, wall cladding and fencing, metal floor decking, light gauge structural components, purlins, and framing systems under the ASTEEL & ASTAR brand. In addition, the company manufactures and sells coa… Read more
YKGI Holdings Bhd (7020) - Net Assets
Latest net assets as of September 2025: RM79.00 Million MYR
Based on the latest financial reports, YKGI Holdings Bhd (7020) has net assets worth RM79.00 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 (RM232.58 Million) and total liabilities (RM153.59 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 | RM79.00 Million |
| % of Total Assets | 33.96% |
| Annual Growth Rate | -5.34% |
| 5-Year Change | 45.38% |
| 10-Year Change | -60.68% |
| Growth Volatility | 29.48 |
YKGI Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how YKGI Holdings 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 YKGI Holdings Bhd (2012–2024)
The table below shows the annual net assets of YKGI Holdings Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM78.64 Million | -2.45% |
| 2023-12-31 | RM80.61 Million | +28.89% |
| 2022-12-31 | RM62.54 Million | -2.10% |
| 2021-12-31 | RM63.88 Million | +18.10% |
| 2020-12-31 | RM54.09 Million | +47.30% |
| 2019-12-31 | RM36.72 Million | -17.51% |
| 2018-12-31 | RM44.52 Million | -75.09% |
| 2017-12-31 | RM178.73 Million | -6.09% |
| 2016-12-31 | RM190.32 Million | -4.84% |
| 2015-12-31 | RM200.00 Million | -7.83% |
| 2014-12-31 | RM217.00 Million | +10.15% |
| 2013-12-31 | RM197.00 Million | +29.61% |
| 2012-12-31 | RM152.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to YKGI Holdings 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 460270000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM77.03 Million | 127.30% |
| Total Equity | RM60.51 Million | 100.00% |
YKGI Holdings Bhd Competitors by Market Cap
The table below lists competitors of YKGI Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xox Networks Bhd
KLSE:0140
|
$2.19 Million |
|
M3 Metals Corp
OTCQB:MLGCF
|
$2.19 Million |
|
Joe Holding Bhd
KLSE:7096
|
$2.19 Million |
|
Legacy Iron Ore Ltd
AU:LCY
|
$2.19 Million |
|
FIRST SOLAR
BE:F3A
|
$2.19 Million |
|
Handal Resources Bhd
KLSE:7253
|
$2.19 Million |
|
Image Systems AB
ST:IS
|
$2.19 Million |
|
Guard Therapeutics International AB
ST:GUARD
|
$2.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YKGI Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 62,414,122 to 60,509,303, a change of -1,904,819 (-3.1%).
- Net loss of 2,186,612 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-2.19 Million | -3.61% |
| Other Changes | RM281.79K | +0.47% |
| Total Change | RM- | -3.05% |
Book Value vs Market Value Analysis
This analysis compares YKGI Holdings 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: 0.52x
- 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 0.12x to 0.52x 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 | RM0.55 | RM0.07 | x |
| 2017-12-31 | RM0.51 | RM0.07 | x |
| 2018-12-31 | RM0.13 | RM0.07 | x |
| 2019-12-31 | RM0.10 | RM0.07 | x |
| 2020-12-31 | RM0.13 | RM0.07 | x |
| 2021-12-31 | RM0.14 | RM0.07 | x |
| 2022-12-31 | RM0.13 | RM0.07 | x |
| 2023-12-31 | RM0.13 | RM0.07 | x |
| 2024-12-31 | RM0.12 | RM0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YKGI Holdings 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): -3.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.88%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 4.02x
- Recent ROE (-3.61%) is above the historical average (-39.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -5.23% | -2.49% | 0.77x | 2.72x | RM-28.99 Million |
| 2017 | -8.29% | -7.16% | 0.44x | 2.65x | RM-32.68 Million |
| 2018 | -300.13% | -60.40% | 0.67x | 7.44x | RM-138.07 Million |
| 2019 | -20.60% | -3.76% | 1.13x | 4.84x | RM-11.24 Million |
| 2020 | -10.71% | -3.15% | 0.99x | 3.42x | RM-11.20 Million |
| 2021 | 10.05% | 2.64% | 1.14x | 3.36x | RM33.23K |
| 2022 | -9.46% | -2.14% | 1.17x | 3.79x | RM-12.17 Million |
| 2023 | -10.19% | -2.51% | 1.02x | 3.97x | RM-12.60 Million |
| 2024 | -3.61% | -0.88% | 1.02x | 4.02x | RM-8.24 Million |
Industry Comparison
This section compares YKGI Holdings Bhd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $379,394,660
- Average return on equity (ROE) among peers: 5.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| YKGI Holdings Bhd (7020) | RM79.00 Million | -5.23% | 1.94x | $2.19 Million |
| Tashin Holdings Bhd (0211) | $105.52 Million | 3.94% | 0.78x | $3.14 Million |
| LEFORM (0266) | $169.81 Million | 26.25% | 1.30x | $10.26 Million |
| Minox International Group Berhad (0288) | $49.43 Million | 20.85% | 0.61x | $2.59 Million |
| TSA (0297) | $150.04 Million | 26.76% | 0.61x | $3.80 Million |
| Hydropipes Industries Sdn. Bhd. (03060) | $8.17 Million | 0.00% | 0.21x | $658.12 |
| BWYS Group Berhad (0313) | $217.83 Million | 3.52% | 0.84x | $7.21 Million |
| Colform Group Berhad (0341) | $83.84 Million | 16.50% | 0.18x | $571.81 |
| Saliran Group Berhad (0346) | $20.32 Million | 29.30% | 4.29x | $2.86 Million |
| Melewar Industrial Group Bhd (3778) | $322.00 Million | -66.77% | 3.42x | $5.14 Million |
| Lion Industries Corporation Bhd (4235) | $2.67 Billion | -9.56% | 0.60x | $10.02 Million |