Fajarbaru Builder Group Bhd
FBG Holdings Berhad, an investment holding company, engages in the civil, infrastructure, and building construction works in Malaysia and Australia. The company operates through Construction, Property Development, Logging and Timber Trading, Logistics, Plantation, and Trading of Building Materials segments. The Construction segment engages in designing and building of infrastructure related const… Read more
Fajarbaru Builder Group Bhd (7047) - Net Assets
Latest net assets as of December 2025: RM469.48 Million MYR
Based on the latest financial reports, Fajarbaru Builder Group Bhd (7047) has net assets worth RM469.48 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM794.64 Million) and total liabilities (RM325.16 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 | RM469.48 Million |
| % of Total Assets | 59.08% |
| Annual Growth Rate | 9.23% |
| 5-Year Change | 20.39% |
| 10-Year Change | 86.15% |
| Growth Volatility | 8.14 |
Fajarbaru Builder Group Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Fajarbaru Builder Group 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 Fajarbaru Builder Group Bhd (2012–2025)
The table below shows the annual net assets of Fajarbaru Builder Group Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM428.34 Million | +2.07% |
| 2024-06-30 | RM419.65 Million | +14.04% |
| 2023-06-30 | RM367.98 Million | -5.65% |
| 2022-06-30 | RM390.02 Million | +9.62% |
| 2021-06-30 | RM355.79 Million | +14.85% |
| 2020-06-30 | RM309.78 Million | +9.45% |
| 2019-06-30 | RM283.02 Million | +2.47% |
| 2018-06-30 | RM276.19 Million | +3.60% |
| 2017-06-30 | RM266.59 Million | +15.85% |
| 2016-06-30 | RM230.11 Million | +10.10% |
| 2015-06-30 | RM209.00 Million | +29.01% |
| 2014-06-30 | RM162.00 Million | +12.50% |
| 2013-06-30 | RM144.00 Million | +5.88% |
| 2012-06-30 | RM136.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fajarbaru Builder Group 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 292.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM180.11 Million | 43.91% |
| Other Components | RM230.09 Million | 56.09% |
| Total Equity | RM410.20 Million | 100.00% |
Fajarbaru Builder Group Bhd Competitors by Market Cap
The table below lists competitors of Fajarbaru Builder Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CVD Equipment Corporation
NASDAQ:CVV
|
$18.36 Million |
|
Gayatri Projects Limited
NSE:GAYAPROJ
|
$18.36 Million |
|
Fiplasto SA
BA:FIPL
|
$18.37 Million |
|
464680
KQ:464680
|
$18.38 Million |
|
Manoj Vaibhav Gems 'N' Jewellers Limited
NSE:MVGJL
|
$18.35 Million |
|
Ta Yih Industrial Co Ltd
TW:1521
|
$18.35 Million |
|
N. Varveris-Moda Bagno S.A
AT:MODA
|
$18.35 Million |
|
Perimeter Medical Imaging AI Inc
PINK:PYNKF
|
$18.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fajarbaru Builder Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 419,649,000 to 410,199,000, a change of -9,450,000 (-2.3%).
- Net income of 7,034,000 contributed positively to equity growth.
- Dividend payments of 7,416,000 reduced retained earnings.
- Other factors decreased equity by 9,068,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM7.03 Million | +1.71% |
| Dividends Paid | RM7.42 Million | -1.81% |
| Other Changes | RM-9.07 Million | -2.21% |
| Total Change | RM- | -2.25% |
Book Value vs Market Value Analysis
This analysis compares Fajarbaru Builder Group 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: 0.25x
- 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 0.39x to 0.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM0.36 | RM0.14 | x |
| 2017-06-30 | RM0.41 | RM0.14 | x |
| 2018-06-30 | RM0.42 | RM0.14 | x |
| 2019-06-30 | RM0.43 | RM0.14 | x |
| 2020-06-30 | RM0.47 | RM0.14 | x |
| 2021-06-30 | RM0.54 | RM0.14 | x |
| 2022-06-30 | RM0.53 | RM0.14 | x |
| 2023-06-30 | RM0.50 | RM0.14 | x |
| 2024-06-30 | RM0.57 | RM0.14 | x |
| 2025-06-30 | RM0.55 | RM0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fajarbaru Builder Group 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): 1.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.44%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.75x
- Recent ROE (1.71%) is below the historical average (6.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 4.67% | 2.53% | 0.79x | 2.32x | RM-12.27 Million |
| 2017 | 14.55% | 8.56% | 0.88x | 1.94x | RM12.13 Million |
| 2018 | 6.32% | 4.41% | 0.76x | 1.88x | RM-10.15 Million |
| 2019 | 4.95% | 4.20% | 0.69x | 1.70x | RM-14.31 Million |
| 2020 | 10.47% | 13.83% | 0.53x | 1.44x | RM1.46 Million |
| 2021 | 6.74% | 15.65% | 0.31x | 1.40x | RM-11.61 Million |
| 2022 | 2.30% | 4.72% | 0.34x | 1.44x | RM-30.02 Million |
| 2023 | -3.93% | -6.45% | 0.39x | 1.56x | RM-51.25 Million |
| 2024 | 12.87% | 10.86% | 0.77x | 1.54x | RM12.05 Million |
| 2025 | 1.71% | 1.44% | 0.68x | 1.75x | RM-33.99 Million |
Industry Comparison
This section compares Fajarbaru Builder Group Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fajarbaru Builder Group Bhd (7047) | RM469.48 Million | 4.67% | 0.69x | $18.35 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |