Globetronics Tech Bhd

KLSE:7022 Malaysia Semiconductors
Market Cap
$29.36 Million
RM132.24 Million MYR
Market Cap Rank
#25706 Global
#374 in Malaysia
Share Price
RM0.19
Change (1 day)
+0.00%
52-Week Range
RM0.18 - RM0.52
All Time High
RM3.06
Categories
Companies in Malaysia Semiconductors Technology AI & Machine Learning
About

Globetronics Technology Bhd. operates manufacturing facilities in Malaysia. The company manufactures semiconductor; encoder and sensor devices for office automation and industrial application; and LED products, sorting, assembly, testing and ODM for high-power LED wafers, single / array LEDs components and light engine, modules, and light fixture, as well as involved in co-development and design … Read more

Globetronics Tech Bhd (7022) - Net Assets

Latest net assets as of September 2025: RM302.62 Million MYR

Based on the latest financial reports, Globetronics Tech Bhd (7022) has net assets worth RM302.62 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 (RM326.08 Million) and total liabilities (RM23.46 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 RM302.62 Million
% of Total Assets 92.8%
Annual Growth Rate 2.04%
5-Year Change 3.76%
10-Year Change 2.86%
Growth Volatility 4.44

Globetronics Tech Bhd - Net Assets Trend (2006–2024)

This chart illustrates how Globetronics 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 Globetronics Tech Bhd (2006–2024)

The table below shows the annual net assets of Globetronics Tech Bhd from 2006 to 2024.

Year Net Assets Change
2024-12-31 RM308.26 Million +0.04%
2023-12-31 RM308.13 Million +2.56%
2022-12-31 RM300.45 Million -0.18%
2021-12-31 RM300.98 Million +1.31%
2020-12-31 RM297.10 Million +0.10%
2019-12-31 RM296.79 Million -1.45%
2018-12-31 RM301.14 Million +7.04%
2017-12-31 RM281.35 Million +6.51%
2016-12-31 RM264.15 Million -11.86%
2015-12-31 RM299.68 Million +5.31%
2014-12-31 RM284.57 Million +3.40%
2013-12-31 RM275.20 Million +5.39%
2012-12-31 RM261.14 Million +5.97%
2011-12-31 RM246.43 Million +2.14%
2010-12-31 RM241.28 Million +6.53%
2009-12-31 RM226.49 Million +2.96%
2008-12-31 RM219.99 Million -2.49%
2007-12-31 RM225.60 Million +5.19%
2006-12-31 RM214.47 Million --

Equity Component Analysis

This analysis shows how different components contribute to Globetronics 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 10859500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings RM108.59 Million 35.23%
Common Stock RM193.43 Million 62.75%
Other Components RM6.23 Million 2.02%
Total Equity RM308.26 Million 100.00%

Globetronics Tech Bhd Competitors by Market Cap

The table below lists competitors of Globetronics Tech Bhd ranked by their market capitalization.

Company Market Cap
Bosch Fren Sistemleri Sanayi ve Ticaret AS
IS:BFREN
 		$19.03 Million
Doganlar Mobilya Grubu Imalat Sanayi ve Ticaret AS
IS:DGNMO
 		$19.03 Million
Prodways Group SA
PINK:PRWYF
 		$19.04 Million
China Outfitters Holdings Ltd
PINK:COUTF
 		$19.05 Million
Thai Plaspac Public Company Limited
BK:TPAC
 		$19.02 Million
Seco/Warwick SA
WAR:SWG
 		$19.02 Million
SMT SCHARF AG NA O.N.
F:S4AA
 		$19.01 Million
Sahamit Machinery Public Company Limited
BK:SMIT
 		$19.01 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Globetronics Tech Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 308,133,000 to 308,258,000, a change of 125,000 (0.0%).
  • Net income of 10,808,000 contributed positively to equity growth.
  • Dividend payments of 13,501,000 reduced retained earnings.
  • Share repurchases of 3,086,000 reduced equity.
  • New share issuances of 3,086,000 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM10.81 Million +3.51%
Dividends Paid RM13.50 Million -4.38%
Share Repurchases RM3.09 Million -1.0%
Share Issuances RM3.09 Million +1.0%
Other Changes RM2.82 Million +0.91%
Total Change RM- 0.04%

Book Value vs Market Value Analysis

This analysis compares Globetronics 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: 0.41x
  • 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 decreased from 0.53x to 0.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 RM0.35 RM0.19 x
2007-12-31 RM0.37 RM0.19 x
2008-12-31 RM0.36 RM0.19 x
2009-12-31 RM0.37 RM0.19 x
2010-12-31 RM0.39 RM0.19 x
2011-12-31 RM0.39 RM0.19 x
2012-12-31 RM0.41 RM0.19 x
2013-12-31 RM0.43 RM0.19 x
2014-12-31 RM0.43 RM0.19 x
2015-12-31 RM0.46 RM0.19 x
2016-12-31 RM0.40 RM0.19 x
2017-12-31 RM0.42 RM0.19 x
2018-12-31 RM0.45 RM0.19 x
2019-12-31 RM0.44 RM0.19 x
2020-12-31 RM0.44 RM0.19 x
2021-12-31 RM0.45 RM0.19 x
2022-12-31 RM0.45 RM0.19 x
2023-12-31 RM0.46 RM0.19 x
2024-12-31 RM0.46 RM0.19 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Globetronics 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): 3.51%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.77%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 1.09x
  • Recent ROE (3.51%) is below the historical average (14.59%), 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 14.25% 9.33% 1.11x 1.38x RM9.12 Million
2007 13.35% 9.60% 1.02x 1.37x RM7.57 Million
2008 9.89% 7.90% 0.95x 1.32x RM-231.12K
2009 7.03% 7.32% 0.78x 1.22x RM-6.73 Million
2010 12.32% 10.65% 0.91x 1.27x RM5.60 Million
2011 10.83% 10.07% 0.89x 1.21x RM2.05 Million
2012 15.83% 14.26% 0.89x 1.25x RM15.23 Million
2013 19.12% 16.37% 0.95x 1.23x RM25.10 Million
2014 22.63% 18.14% 0.99x 1.26x RM35.94 Million
2015 23.80% 20.75% 0.96x 1.19x RM41.35 Million
2016 9.74% 11.94% 0.69x 1.18x RM-693.70K
2017 18.18% 16.88% 0.76x 1.41x RM23.01 Million
2018 23.28% 21.38% 0.87x 1.25x RM40.00 Million
2019 15.07% 20.67% 0.64x 1.14x RM15.03 Million
2020 17.10% 22.33% 0.68x 1.12x RM21.09 Million
2021 17.59% 25.70% 0.62x 1.11x RM22.85 Million
2022 15.13% 25.39% 0.55x 1.09x RM15.42 Million
2023 8.57% 20.04% 0.39x 1.09x RM-4.40 Million
2024 3.51% 9.77% 0.33x 1.09x RM-20.02 Million

Industry Comparison

This section compares Globetronics Tech Bhd's net assets metrics with peer companies in the Semiconductors industry.

Industry Context

  • Industry: Semiconductors
  • Average net assets among peers: $565,424,612
  • Average return on equity (ROE) among peers: 35.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Globetronics Tech Bhd (7022) RM302.62 Million 14.25% 0.08x $19.03 Million
Key ASIC Bhd (0143) $16.39 Million -60.96% 0.58x $4.81 Million
OPPSTAR (0275) $3.06 Million 254.75% 4.04x $9.86 Million
Edelteq Holdings Berhad (0278) $46.02 Million 8.77% 0.22x $13.45 Million
Malaysian Pacific Industries (3867) $1.62 Billion 9.45% 0.24x $527.63 Million
Unisem M Bhd (5005) $1.36 Billion -0.76% 0.31x $236.63 Million
KESM Industries Bhd (9334) $352.68 Million 0.05% 0.33x $8.12 Million