AbleGroup Bhd
AbleGroup Berhad, an investment holding company, engages in the processing, trading, and contract workmanship of marble and granite slabs in Malaysia. It operates in Building Materials and Property Development segments. The company engages in the supply, delivery, and installation of stone and tiling works, as well as property development business. It also exports its products. The company is bas… Read more
AbleGroup Bhd (7086) - Net Assets
Latest net assets as of September 2025: RM43.62 Million MYR
Based on the latest financial reports, AbleGroup Bhd (7086) has net assets worth RM43.62 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 (RM45.50 Million) and total liabilities (RM1.88 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 | RM43.62 Million |
| % of Total Assets | 95.88% |
| Annual Growth Rate | 5.65% |
| 5-Year Change | -0.01% |
| 10-Year Change | N/A |
| Growth Volatility | 53.0 |
AbleGroup Bhd - Net Assets Trend (2003–2025)
This chart illustrates how AbleGroup 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 AbleGroup Bhd (2003–2025)
The table below shows the annual net assets of AbleGroup Bhd from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM43.57 Million | +0.05% |
| 2024-06-30 | RM43.54 Million | +1.39% |
| 2023-06-30 | RM42.95 Million | +0.16% |
| 2022-06-30 | RM42.88 Million | -1.59% |
| 2021-06-30 | RM43.57 Million | -1.34% |
| 2020-06-30 | RM44.16 Million | -1.52% |
| 2019-06-30 | RM44.84 Million | -2.15% |
| 2018-06-30 | RM45.83 Million | +0.01% |
| 2017-06-30 | RM45.83 Million | +238.87% |
| 2006-06-30 | RM-33.00 Million | -37.50% |
| 2005-06-30 | RM-24.00 Million | -166.67% |
| 2004-06-30 | RM-9.00 Million | -169.23% |
| 2003-06-30 | RM13.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AbleGroup 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 36.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM3.98 Million | 9.14% |
| Common Stock | RM39.58 Million | 90.86% |
| Total Equity | RM43.57 Million | 100.00% |
AbleGroup Bhd Competitors by Market Cap
The table below lists competitors of AbleGroup Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COACH - Dusseldorf Stock Exchang
DU:COY
|
$1.26 Million |
|
STRIP TINNING HLDG.LS-01
F:VH3
|
$1.26 Million |
|
DAVITA HLTH CARE - Dusseldorf Stock Exchang
DU:TRL
|
$1.26 Million |
|
Jaguar Animal Health Inc
NASDAQ:JAGX
|
$1.26 Million |
|
LDB Capital Corp.
V:LDB-P
|
$1.25 Million |
|
Australasian Metals Ltd
AU:A8G
|
$1.25 Million |
|
Badlands Resources Inc
PINK:BDLNF
|
$1.25 Million |
|
Westar Resources Ltd
AU:WSR
|
$1.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AbleGroup Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 43,543,550 to 43,566,820, a change of 23,270 (0.1%).
- Net income of 23,270 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM23.27K | +0.05% |
| Total Change | RM- | 0.05% |
Book Value vs Market Value Analysis
This analysis compares AbleGroup 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: 0.42x
- 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 |
|---|---|---|---|
| 2017-06-30 | RM0.17 | RM0.07 | x |
| 2018-06-30 | RM0.17 | RM0.07 | x |
| 2019-06-30 | RM0.17 | RM0.07 | x |
| 2020-06-30 | RM0.17 | RM0.07 | x |
| 2021-06-30 | RM0.17 | RM0.07 | x |
| 2022-06-30 | RM0.16 | RM0.07 | x |
| 2023-06-30 | RM0.16 | RM0.07 | x |
| 2024-06-30 | RM0.17 | RM0.07 | x |
| 2025-06-30 | RM0.17 | RM0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AbleGroup 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): 0.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.58%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.04x
- Recent ROE (0.05%) is above the historical average (-0.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -1.90% | -8.78% | 0.20x | 1.08x | RM-5.45 Million |
| 2018 | 0.01% | 0.03% | 0.19x | 1.07x | RM-4.58 Million |
| 2019 | -2.20% | -24.94% | 0.08x | 1.06x | RM-5.47 Million |
| 2020 | -1.54% | -12.37% | 0.12x | 1.05x | RM-5.10 Million |
| 2021 | -1.36% | -16.67% | 0.08x | 1.07x | RM-4.95 Million |
| 2022 | -2.57% | -34.08% | 0.07x | 1.05x | RM-5.39 Million |
| 2023 | 0.16% | 1.51% | 0.10x | 1.06x | RM-4.23 Million |
| 2024 | 1.37% | 10.89% | 0.12x | 1.05x | RM-3.76 Million |
| 2025 | 0.05% | 0.58% | 0.09x | 1.04x | RM-4.33 Million |
Industry Comparison
This section compares AbleGroup Bhd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $310,538,075
- Average return on equity (ROE) among peers: 5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AbleGroup Bhd (7086) | RM43.62 Million | -1.90% | 0.04x | $1.26 Million |
| Econframe Bhd (0227) | $63.54 Million | 17.69% | 0.17x | $13.39 Million |
| Chuan Huat Resources Bhd (7016) | $324.67 Million | -1.43% | 0.97x | $1.80 Million |
| Seacera Group Bhd (7073) | $848.54 Million | 1.05% | 0.25x | $2.57 Million |
| United U Li Corporation Bhd (7133) | $350.93 Million | 11.19% | 0.13x | $33.39 Million |
| CSH Alliance Bhd (7165) | $310.57 Million | -5.36% | 0.04x | $5.10 Million |
| Resintech Bhd (7232) | $122.00 Million | 4.92% | 0.43x | $4.31 Million |
| Superlon Holdings Bhd (7235) | $124.10 Million | 8.29% | 0.27x | $10.03 Million |
| Ajiya Bhd (7609) | $329.35 Million | 4.14% | 0.42x | $12.91 Million |
| KPS Consortium Bhd (9121) | $321.15 Million | 5.44% | 0.68x | $2.86 Million |