Globetronics Tech Bhd (7022) - Net Assets
Based on the latest financial reports, Globetronics Tech Bhd (7022) has net assets worth RM238.84 Million MYR (≈ $59.97 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM262.54 Million ≈ $65.92 Million USD) and total liabilities (RM23.70 Million ≈ $5.95 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 PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM238.84 Million |
| % of Total Assets | 90.97% |
| Annual Growth Rate | 1.52% |
| 5-Year Change | -5.14% |
| 10-Year Change | 8.09% |
| Growth Volatility | 4.81 |
Globetronics Tech Bhd - Net Assets Trend (2006–2025)
This chart illustrates how Globetronics Tech Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Globetronics Tech Bhd (7022) total market value.
Annual Net Assets for Globetronics Tech Bhd (2006–2025)
The table below shows the annual net assets of Globetronics Tech Bhd from 2006 to 2025. Also explore net asset momentum of Globetronics Tech Bhd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM285.52 Million ≈ $71.69 Million |
-7.37% |
| 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 |
-- |
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 3203100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM32.03 Million | 13.41% |
| Common Stock | RM210.93 Million | 88.31% |
| Total Equity | RM238.84 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 |
|---|---|
|
Vinyl Chemicals (India) Limited
NSE:VINYLINDIA
|
$44.16 Million |
|
3I Infrastructure PLC
LSE:3IN
|
$44.16 Million |
|
Fernheizwerk Neukölln Aktiengesellschaft
F:FHW
|
$44.16 Million |
|
eSang Networks Co.Ltd
KQ:080010
|
$44.17 Million |
|
Sunzen Biotech Bhd
KLSE:0148
|
$44.15 Million |
|
Elsoft Research Bhd
KLSE:0090
|
$44.14 Million |
|
Bougainville Copper Limited
F:BOU1
|
$44.12 Million |
|
San Neng Group Holdings Co Ltd
TW:6671
|
$44.12 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 2024 to 2025, total equity changed from 308,258,000 to 238,845,000, a change of -69,413,000 (-22.5%).
- Net loss of 15,856,000 reduced equity.
- New share issuances of 12,541,000 increased equity.
- Other factors decreased equity by 66,098,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-15.86 Million | -6.64% |
| Share Issuances | RM12.54 Million | +5.25% |
| Other Changes | RM-66.10 Million | -27.67% |
| Total Change | RM- | -22.52% |
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: 0.65x
- 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.
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 |
| 2025-12-31 | RM0.35 | 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): -6.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.98%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.30x
- Recent ROE (-6.64%) is below the historical average (13.53%), 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 |
| 2025 | -6.64% | -16.98% | 0.30x | 1.30x | RM-39.74 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: $533,509,839
- Average return on equity (ROE) among peers: 5.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Globetronics Tech Bhd (7022) | RM238.84 Million | 14.25% | 0.10x | $44.16 Million |
| Key ASIC Bhd (0143) | $34.89 Million | -24.75% | 0.14x | $21.13 Million |
| OPPSTAR (0275) | $148.33 Million | 10.48% | 0.06x | $103.86 Million |
| Edelteq Holdings Berhad (0278) | $46.02 Million | 8.77% | 0.22x | $45.59 Million |
| Malaysian Pacific Industries (3867) | $1.33 Billion | 13.39% | 0.23x | $2.14 Billion |
| Unisem M Bhd (5005) | $1.36 Billion | 11.47% | 0.25x | $1.80 Billion |
| KESM Industries Bhd (9334) | $286.72 Million | 10.70% | 0.30x | $42.55 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