Ahmad Zaki Resources Bhd (7078) - Net Assets

Latest as of December 2025: RM127.49 Million MYR ≈ $32.01 Million USD

Based on the latest financial reports, Ahmad Zaki Resources Bhd (7078) has net assets worth RM127.49 Million MYR (≈ $32.01 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 (RM4.63 Billion ≈ $1.16 Billion USD) and total liabilities (RM4.51 Billion ≈ $1.13 Billion 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 7078 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM127.49 Million
% of Total Assets	2.75%
Annual Growth Rate	-3.91%
5-Year Change	-43.26%
10-Year Change	-65.04%
Growth Volatility	90.46

Ahmad Zaki Resources Bhd - Net Assets Trend (2012–2025)

This chart illustrates how Ahmad Zaki Resources Bhd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Ahmad Zaki Resources Bhd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ahmad Zaki Resources Bhd (2012–2025)

The table below shows the annual net assets of Ahmad Zaki Resources Bhd from 2012 to 2025. For live valuation and market cap data, see Ahmad Zaki Resources Bhd (7078) market capitalisation.

Year	Net Assets	Change
2025-12-31	RM127.49 Million ≈ $32.01 Million	-32.67%
2024-12-31	RM189.35 Million ≈ $47.54 Million	-5.10%
2023-12-31	RM199.53 Million ≈ $50.10 Million	+313.48%
2022-12-31	RM48.26 Million ≈ $12.12 Million	-78.52%
2021-12-31	RM224.71 Million ≈ $56.42 Million	-24.17%
2020-12-31	RM296.33 Million ≈ $74.40 Million	-16.55%
2019-12-31	RM355.10 Million ≈ $89.15 Million	-23.05%
2018-12-31	RM461.48 Million ≈ $115.86 Million	+3.54%
2017-12-31	RM445.70 Million ≈ $111.90 Million	+22.22%
2016-12-31	RM364.66 Million ≈ $91.55 Million	+7.64%
2015-12-31	RM338.78 Million ≈ $85.06 Million	+1.74%
2014-12-31	RM333.00 Million ≈ $83.61 Million	+52.05%
2013-12-31	RM219.00 Million ≈ $54.98 Million	+2.34%
2012-12-31	RM214.00 Million ≈ $53.73 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ahmad Zaki Resources 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 decreased by 155.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	RM237.63 Million	186.39%
Total Equity	RM127.49 Million	100.00%

Ahmad Zaki Resources Bhd Competitors by Market Cap

The table below lists competitors of Ahmad Zaki Resources Bhd ranked by their market capitalization.

Company	Market Cap
Auris Minerals Ltd AU:AUR	$17.30 Million
Pinehill Pacific Bhd KLSE:1902	$17.30 Million
MOUNTAIN VALLEY MD HLDGS F:20MP	$17.30 Million
Idealist Gayrimenkul Yatirim Ortakligi AS IS:IDGYO	$17.30 Million
Mesiniaga Bhd KLSE:5011	$17.29 Million
Delta Resources Ltd V:DLTA	$17.28 Million
Youngsin Metal Industrial Co. Ltd KQ:007530	$17.28 Million
Worldwide Healthcare Trust Plc LSE:WWH	$17.27 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 198,853,000 to 127,492,000, a change of -71,361,000 (-35.9%).
Net loss of 73,045,000 reduced equity.
Other factors increased equity by 1,684,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM-73.05 Million	-57.29%
Other Changes	RM1.68 Million	+1.32%
Total Change	RM-	-35.89%

Book Value vs Market Value Analysis

This analysis compares Ahmad Zaki Resources 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: 0.54x
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 increased from 0.17x to 0.54x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2015-12-31	RM0.62	RM0.11	x
2016-12-31	RM0.67	RM0.11	x
2017-12-31	RM0.75	RM0.11	x
2018-12-31	RM0.77	RM0.11	x
2019-12-31	RM0.60	RM0.11	x
2020-12-31	RM0.50	RM0.11	x
2021-12-31	RM0.38	RM0.11	x
2022-12-31	RM0.11	RM0.11	x
2023-12-31	RM0.30	RM0.11	x
2024-12-31	RM0.30	RM0.11	x
2025-12-31	RM0.19	RM0.11	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ahmad Zaki Resources 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): -57.29%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -6.89%
• Asset Turnover: 0.23x
• Equity Multiplier: 36.34x
Recent ROE (-57.29%) is below the historical average (-18.34%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	6.75%	3.20%	0.42x	5.05x	RM-11.00 Million
2016	7.46%	2.27%	0.34x	9.77x	RM-9.26 Million
2017	6.60%	3.06%	0.24x	8.84x	RM-15.15 Million
2018	3.08%	1.16%	0.28x	9.62x	RM-31.92 Million
2019	-27.69%	-6.72%	0.32x	12.69x	RM-133.83 Million
2020	-23.16%	-8.10%	0.19x	14.72x	RM-98.27 Million
2021	-34.16%	-10.61%	0.16x	20.10x	RM-99.23 Million
2022	-132.69%	-23.45%	0.08x	68.92x	RM-95.96 Million
2023	47.68%	19.20%	0.11x	21.84x	RM75.18 Million
2024	1.67%	0.67%	0.11x	21.94x	RM-16.56 Million
2025	-57.29%	-6.89%	0.23x	36.34x	RM-85.79 Million

Industry Comparison

This section compares Ahmad Zaki Resources Bhd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $85,522,797
Average return on equity (ROE) among peers: 2.49%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ahmad Zaki Resources Bhd (7078)	RM127.49 Million	6.75%	35.34x	$17.30 Million
Southern Score Builders Berhad (0045)	$-6.44 Million	0.00%	0.00x	$296.70 Million
Ecobuilt Holdings Bhd (0059)	$109.90 Million	-11.02%	1.00x	$2.64 Million
Mega Sun City Holdings Bhd (0081)	$50.82 Million	-3.25%	0.01x	$2.97 Million
Waja Konsortium Bhd (0102)	$40.12 Million	-0.57%	1.17x	$14.00 Million
Kelington Group Bhd (0151)	$168.33 Million	10.40%	1.08x	$1.54 Billion
Widad Group Bhd (0162)	$12.65 Million	30.99%	0.34x	$11.75 Million
Pasukhas Group Bhd (0177)	$63.49 Million	-17.20%	1.27x	$3.11 Million
HSS Engineers Bhd (0185)	$224.88 Million	4.82%	0.62x	$58.09 Million
Cabnet Holdings Bhd (0191)	$44.67 Million	2.71%	1.17x	$9.42 Million
Inta Bina Group Bhd (0192)	$146.80 Million	8.03%	1.63x	$60.19 Million

About Ahmad Zaki Resources Bhd

KLSE:7078 Malaysia Engineering & Construction

Market Cap

$17.30 Million

RM68.89 Million MYR

Market Cap Rank

#25503 Global

#718 in Malaysia

Share Price

RM0.11

Change (1 day)

+5.00%

52-Week Range

RM0.10 - RM0.25

All Time High

RM1.04