Globetronics Tech Bhd (7022) - Net Assets
Based on the latest financial reports, Globetronics Tech Bhd (7022) has net assets worth RM285.52 Million MYR (≈ $71.69 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 (RM311.68 Million ≈ $78.25 Million USD) and total liabilities (RM26.16 Million ≈ $6.57 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 Globetronics Tech Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM285.52 Million |
| % of Total Assets | 91.61% |
| 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. Also explore 7022 total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Globetronics Tech Bhd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM308.26 Million ≈ $77.39 Million |
+0.04% |
| 2023-12-31 | RM308.13 Million ≈ $77.36 Million |
+2.56% |
| 2022-12-31 | RM300.45 Million ≈ $75.43 Million |
-0.18% |
| 2021-12-31 | RM300.98 Million ≈ $75.57 Million |
+1.31% |
| 2020-12-31 | RM297.10 Million ≈ $74.59 Million |
+0.10% |
| 2019-12-31 | RM296.79 Million ≈ $74.51 Million |
-1.45% |
| 2018-12-31 | RM301.14 Million ≈ $75.61 Million |
+7.04% |
| 2017-12-31 | RM281.35 Million ≈ $70.64 Million |
+6.51% |
| 2016-12-31 | RM264.15 Million ≈ $66.32 Million |
-11.86% |
| 2015-12-31 | RM299.68 Million ≈ $75.24 Million |
+5.31% |
| 2014-12-31 | RM284.57 Million ≈ $71.45 Million |
+3.40% |
| 2013-12-31 | RM275.20 Million ≈ $69.09 Million |
+5.39% |
| 2012-12-31 | RM261.14 Million ≈ $65.56 Million |
+5.97% |
| 2011-12-31 | RM246.43 Million ≈ $61.87 Million |
+2.14% |
| 2010-12-31 | RM241.28 Million ≈ $60.58 Million |
+6.53% |
| 2009-12-31 | RM226.49 Million ≈ $56.86 Million |
+2.96% |
| 2008-12-31 | RM219.99 Million ≈ $55.23 Million |
-2.49% |
| 2007-12-31 | RM225.60 Million ≈ $56.64 Million |
+5.19% |
| 2006-12-31 | RM214.47 Million ≈ $53.85 Million |
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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 |
|---|---|
|
Galecto Inc
NASDAQ:GLTO
|
$40.39 Million |
|
Korea Computer Terminal Inc
KQ:089150
|
$40.39 Million |
|
Barfresh Food Group Inc
NASDAQ:BRFH
|
$40.40 Million |
|
Live Ventures Inc
NASDAQ:LIVE
|
$40.42 Million |
|
Indiabulls Enterprises Limited
NSE:IEL
|
$40.37 Million |
|
Compal Broadband Networks Inc
TW:6674
|
$40.37 Million |
|
Royal Road Minerals Ltd
V:RYR
|
$40.34 Million |
|
TradeDoubler AB
ST:TRAD
|
$40.33 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: 0.49x
- 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 0.64x to 0.49x 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 | RM0.23 | x |
| 2007-12-31 | RM0.37 | RM0.23 | x |
| 2008-12-31 | RM0.36 | RM0.23 | x |
| 2009-12-31 | RM0.37 | RM0.23 | x |
| 2010-12-31 | RM0.39 | RM0.23 | x |
| 2011-12-31 | RM0.39 | RM0.23 | x |
| 2012-12-31 | RM0.41 | RM0.23 | x |
| 2013-12-31 | RM0.43 | RM0.23 | x |
| 2014-12-31 | RM0.43 | RM0.23 | x |
| 2015-12-31 | RM0.46 | RM0.23 | x |
| 2016-12-31 | RM0.40 | RM0.23 | x |
| 2017-12-31 | RM0.42 | RM0.23 | x |
| 2018-12-31 | RM0.45 | RM0.23 | x |
| 2019-12-31 | RM0.44 | RM0.23 | x |
| 2020-12-31 | RM0.44 | RM0.23 | x |
| 2021-12-31 | RM0.45 | RM0.23 | x |
| 2022-12-31 | RM0.45 | RM0.23 | x |
| 2023-12-31 | RM0.46 | RM0.23 | x |
| 2024-12-31 | RM0.46 | RM0.23 | 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: $650,394,025
- Average return on equity (ROE) among peers: -3.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Globetronics Tech Bhd (7022) | RM285.52 Million | 14.25% | 0.09x | $40.38 Million |
| Key ASIC Bhd (0143) | $24.28 Million | -44.37% | 0.40x | $8.79 Million |
| OPPSTAR (0275) | $136.64 Million | 14.90% | 0.03x | $51.53 Million |
| Edelteq Holdings Berhad (0278) | $46.02 Million | 8.77% | 0.22x | $55.89 Million |
| Malaysian Pacific Industries (3867) | $2.47 Billion | 6.67% | 0.20x | $1.83 Billion |
| Unisem M Bhd (5005) | $968.14 Million | -10.88% | 0.62x | $1.36 Billion |
| KESM Industries Bhd (9334) | $261.00 Million | 6.51% | 0.41x | $44.06 Million |
About Globetronics Tech Bhd
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