Astral Asia Bhd
Astral Asia Berhad, an investment holding company, engages in the cultivation of oil palm in Malaysia. The company operates through Investment, Property Development and Construction, Plantation, and F&B business segments. It owns and manages oil palm estates plantation in the state of Pahang Darul Makmur. It also sells fresh fruit bunches. In addition, the company is involved in civil engineering… Read more
Astral Asia Bhd (7054) - Net Assets
Latest net assets as of September 2025: RM163.14 Million MYR
Based on the latest financial reports, Astral Asia Bhd (7054) has net assets worth RM163.14 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 (RM344.30 Million) and total liabilities (RM181.16 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 | RM163.14 Million |
| % of Total Assets | 47.38% |
| Annual Growth Rate | -2.51% |
| 5-Year Change | -10.38% |
| 10-Year Change | -44.23% |
| Growth Volatility | 12.9 |
Astral Asia Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Astral Asia 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 Astral Asia Bhd (2012–2024)
The table below shows the annual net assets of Astral Asia Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM165.08 Million | -0.08% |
| 2023-12-31 | RM165.21 Million | -5.26% |
| 2022-12-31 | RM174.39 Million | -2.10% |
| 2021-12-31 | RM178.13 Million | -3.30% |
| 2020-12-31 | RM184.20 Million | -0.92% |
| 2019-12-31 | RM185.91 Million | -5.63% |
| 2018-12-31 | RM197.00 Million | -2.59% |
| 2017-12-31 | RM202.25 Million | -1.03% |
| 2016-12-31 | RM204.35 Million | -30.96% |
| 2015-12-31 | RM296.00 Million | -0.34% |
| 2014-12-31 | RM297.00 Million | +31.42% |
| 2013-12-31 | RM226.00 Million | +0.89% |
| 2012-12-31 | RM224.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Astral Asia 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 154.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM29.67 Million | 17.98% |
| Common Stock | RM135.40 Million | 82.02% |
| Total Equity | RM165.08 Million | 100.00% |
Astral Asia Bhd Competitors by Market Cap
The table below lists competitors of Astral Asia Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PwrCor Inc
PINK:PWCO
|
$1.09 Million |
|
0S0
STU:0S0
|
$1.09 Million |
|
Specificity Inc.
PINK:SPTY
|
$1.09 Million |
|
TransAct Energy Corp
PINK:TEGY
|
$1.09 Million |
|
CF INDUSTRIES HLDG
MU:C4F
|
$1.09 Million |
|
Strategic Energy Resources Limited
F:EB8
|
$1.09 Million |
|
AMERICAN FINCL GRP
BE:QFI
|
$1.08 Million |
|
Proactis SA
PA:PROAC
|
$1.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Astral Asia Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 165,209,850 to 165,075,610, a change of -134,240 (-0.1%).
- Net loss of 3,540,250 reduced equity.
- Share repurchases of 3,406,010 reduced equity.
- New share issuances of 3,406,008 increased equity.
- Other factors increased equity by 3,406,012.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-3.54 Million | -2.14% |
| Share Repurchases | RM3.41 Million | -2.06% |
| Share Issuances | RM3.41 Million | +2.06% |
| Other Changes | RM3.41 Million | +2.06% |
| Total Change | RM- | -0.08% |
Book Value vs Market Value Analysis
This analysis compares Astral Asia 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: 0.36x
- 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 |
|---|---|---|---|
| 2016-12-31 | RM0.31 | RM0.09 | x |
| 2017-12-31 | RM0.31 | RM0.09 | x |
| 2018-12-31 | RM0.30 | RM0.09 | x |
| 2019-12-31 | RM0.28 | RM0.09 | x |
| 2020-12-31 | RM0.28 | RM0.09 | x |
| 2021-12-31 | RM0.27 | RM0.09 | x |
| 2022-12-31 | RM0.26 | RM0.09 | x |
| 2023-12-31 | RM0.25 | RM0.09 | x |
| 2024-12-31 | RM0.24 | RM0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Astral Asia 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): -2.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.07%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.08x
- Recent ROE (-2.14%) is above the historical average (-2.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.02% | 0.06x | 1.95x | RM-20.43 Million |
| 2017 | -1.34% | -8.62% | 0.08x | 1.95x | RM-22.94 Million |
| 2018 | -2.66% | -19.86% | 0.07x | 1.96x | RM-24.95 Million |
| 2019 | -5.54% | -62.86% | 0.04x | 2.03x | RM-28.90 Million |
| 2020 | -0.93% | -9.90% | 0.05x | 2.02x | RM-20.13 Million |
| 2021 | -3.41% | -32.04% | 0.05x | 2.00x | RM-23.89 Million |
| 2022 | -2.14% | -18.19% | 0.06x | 2.00x | RM-21.18 Million |
| 2023 | -5.56% | -64.14% | 0.04x | 2.07x | RM-25.70 Million |
| 2024 | -2.14% | -19.07% | 0.05x | 2.08x | RM-20.05 Million |
Industry Comparison
This section compares Astral Asia Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $444,702,596
- Average return on equity (ROE) among peers: 1.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Astral Asia Bhd (7054) | RM163.14 Million | 0.00% | 1.11x | $1.09 Million |
| Green Ocean Corporation Bhd (0074) | $21.99 Million | 8.76% | 1.57x | $2.27 Million |
| MAG Holdings Berhad (0095) | $473.76 Million | -1.41% | 0.15x | $29.82 Million |
| Greenyield Bhd (0136) | $54.42 Million | -0.73% | 0.43x | $3.29 Million |
| Heng Huat Resources Group Bhd (0175) | $231.51 Million | 3.70% | 0.31x | $7.31 Million |
| Matang Bhd (0189) | $248.32 Million | 2.40% | 0.03x | $17.51 Million |
| Pinehill Pacific Bhd (1902) | $184.30 Million | -6.00% | -0.03x | $6.70 Million |
| Chin Teck Plantations Bhd (1929) | $651.35 Million | 10.97% | 0.05x | $63.45 Million |
| Kretam Holdings Bhd (1996) | $607.72 Million | -6.37% | 0.35x | $46.24 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $545.52 Million | -0.47% | 0.35x | $25.62 Million |
| TDM Berhad (2054) | $1.43 Billion | 1.62% | 0.87x | $25.63 Million |