Ahmad Zaki Resources Bhd (7078) - Net Assets
Based on the latest financial reports, Ahmad Zaki Resources Bhd (7078) has net assets worth RM188.69 Million MYR (≈ $47.37 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM4.49 Billion ≈ $1.13 Billion USD) and total liabilities (RM4.30 Billion ≈ $1.08 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 Ahmad Zaki Resources Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM188.69 Million |
| % of Total Assets | 4.2% |
| Annual Growth Rate | -1.01% |
| 5-Year Change | -36.1% |
| 10-Year Change | -44.11% |
| Growth Volatility | 88.28 |
Ahmad Zaki Resources Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Ahmad Zaki Resources Bhd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Ahmad Zaki Resources Bhd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Ahmad Zaki Resources Bhd (2012–2024)
The table below shows the annual net assets of Ahmad Zaki Resources Bhd from 2012 to 2024. For live valuation and market cap data, see Ahmad Zaki Resources Bhd (7078) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM189.35 Million ≈ $47.54 Million |
-0.90% |
| 2023-12-31 | RM191.07 Million ≈ $47.97 Million |
+295.94% |
| 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 |
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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 127.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM253.47 Million | 127.47% |
| Total Equity | RM198.85 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 |
|---|---|
|
Orbital Corporation Ltd
AU:OEC
|
$20.59 Million |
|
VACCITECH (SP.ADR)/1
F:2AB
|
$20.62 Million |
|
Vietnam Sun Corp
VN:VNS
|
$20.63 Million |
|
Pure Hydrogen Corporation Ltd
AU:PH2
|
$20.63 Million |
|
Noumi Ltd
AU:NOU
|
$20.59 Million |
|
National Tyre & Wheel Limited
F:N37
|
$20.59 Million |
|
Karsu Tekstil Sanayi ve Ticaret AS
IS:KRTEK
|
$20.58 Million |
|
TURA GROUP AB
F:8WO
|
$20.58 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 2023 to 2024, total equity changed from 199,532,000 to 198,853,000, a change of -679,000 (-0.3%).
- Net income of 3,323,000 contributed positively to equity growth.
- Other factors decreased equity by 4,002,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM3.32 Million | +1.67% |
| Other Changes | RM-4.00 Million | -2.01% |
| Total Change | RM- | -0.34% |
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: 0.41x
- 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 0.20x to 0.41x 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 | RM0.13 | x |
| 2016-12-31 | RM0.67 | RM0.13 | x |
| 2017-12-31 | RM0.75 | RM0.13 | x |
| 2018-12-31 | RM0.77 | RM0.13 | x |
| 2019-12-31 | RM0.60 | RM0.13 | x |
| 2020-12-31 | RM0.50 | RM0.13 | x |
| 2021-12-31 | RM0.38 | RM0.13 | x |
| 2022-12-31 | RM0.11 | RM0.13 | x |
| 2023-12-31 | RM0.30 | RM0.13 | x |
| 2024-12-31 | RM0.30 | RM0.13 | 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): 1.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.67%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 21.94x
- Recent ROE (1.67%) is above the historical average (-14.45%), indicating improving 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 |
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: $80,670,053
- Average return on equity (ROE) among peers: 7.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ahmad Zaki Resources Bhd (7078) | RM188.69 Million | 6.75% | 22.78x | $20.59 Million |
| Southern Score Builders Berhad (0045) | $-8.25 Million | 0.00% | 0.00x | $319.52 Million |
| Ecobuilt Holdings Bhd (0059) | $40.13 Million | 32.06% | 0.20x | $5.28 Million |
| Mega Sun City Holdings Bhd (0081) | $46.69 Million | 9.08% | 0.06x | $3.72 Million |
| Waja Konsortium Bhd (0102) | $44.55 Million | -8.34% | 0.48x | $12.60 Million |
| Kelington Group Bhd (0151) | $59.33 Million | 8.76% | 1.76x | $1.21 Billion |
| Widad Group Bhd (0162) | $180.69 Million | 2.22% | 1.27x | $7.84 Million |
| Pasukhas Group Bhd (0177) | $30.40 Million | 2.95% | 1.19x | $3.35 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $58.09 Million |
| Cabnet Holdings Bhd (0191) | $48.42 Million | 7.38% | 1.76x | $11.00 Million |
| Inta Bina Group Bhd (0192) | $136.82 Million | 16.41% | 1.87x | $58.65 Million |
About Ahmad Zaki Resources Bhd
Ahmad Zaki Resources Berhad, and investment holding company, provides management services and acts as a contractor of civil and structural works in Malaysia, Indonesia, India, and the Kingdom of Saudi Arabia. It operates through Engineering and Construction, Concession, Oil and Gas, and Property segments. The Engineering and Construction segment engages in the civil and structural works, includin… Read more