Unimech Group Bhd
Unimech Group Berhad, an investment holding company, engages in the system design, fabrication, installation, and maintenance of boilers, combustion and engineering equipment, and piping systems. The company operates through Valves, Instrumentation and Fittings; Electronic; Pumps; and Other segments. It offers various valves, strainers, pipe fittings, steel flanges, and related products; and desi… Read more
Unimech Group Bhd (7091) - Net Assets
Latest net assets as of September 2025: RM349.73 Million MYR
Based on the latest financial reports, Unimech Group Bhd (7091) has net assets worth RM349.73 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 (RM559.66 Million) and total liabilities (RM209.93 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 | RM349.73 Million |
| % of Total Assets | 62.49% |
| Annual Growth Rate | 4.87% |
| 5-Year Change | 25.83% |
| 10-Year Change | 28.4% |
| Growth Volatility | 7.17 |
Unimech Group Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Unimech 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 Unimech Group Bhd (2012–2024)
The table below shows the annual net assets of Unimech Group Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM341.53 Million | +1.42% |
| 2023-12-31 | RM336.75 Million | +8.30% |
| 2022-12-31 | RM310.93 Million | +7.78% |
| 2021-12-31 | RM288.49 Million | +6.29% |
| 2020-12-31 | RM271.42 Million | +2.03% |
| 2019-12-31 | RM266.02 Million | +7.83% |
| 2018-12-31 | RM246.70 Million | +1.62% |
| 2017-12-31 | RM242.78 Million | -1.04% |
| 2016-12-31 | RM245.33 Million | -7.77% |
| 2015-12-31 | RM266.00 Million | +5.98% |
| 2014-12-31 | RM251.00 Million | +5.02% |
| 2013-12-31 | RM239.00 Million | +23.83% |
| 2012-12-31 | RM193.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Unimech 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 87.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM247.23 Million | 72.39% |
| Common Stock | RM99.59 Million | 29.16% |
| Total Equity | RM341.53 Million | 100.00% |
Unimech Group Bhd Competitors by Market Cap
The table below lists competitors of Unimech Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Callinex Mines Inc
OTCQX:CLLXF
|
$10.02 Million |
|
Good Times Restaurants Inc
NASDAQ:GTIM
|
$10.02 Million |
|
Lion Industries Corporation Bhd
KLSE:4235
|
$10.02 Million |
|
Kyobo 3 SPAC
KQ:208710
|
$10.02 Million |
|
Castile Resources Ltd
AU:CST
|
$10.01 Million |
|
Fabrity Holding S.A.
WAR:FAB
|
$10.01 Million |
|
Greencastle Resources Ltd
PINK:GRSFF
|
$10.01 Million |
|
Cann Group Limited
PINK:CNGGF
|
$10.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unimech Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 336,746,830 to 341,532,760, a change of 4,785,930 (1.4%).
- Net income of 21,065,180 contributed positively to equity growth.
- Dividend payments of 9,764,570 reduced retained earnings.
- Share repurchases of 325,800 reduced equity.
- Other factors decreased equity by 6,188,880.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM21.07 Million | +6.17% |
| Dividends Paid | RM9.76 Million | -2.86% |
| Share Repurchases | RM325.80K | -0.1% |
| Other Changes | RM-6.19 Million | -1.81% |
| Total Change | RM- | 1.42% |
Book Value vs Market Value Analysis
This analysis compares Unimech 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: 0.59x
- 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 0.70x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.96 | RM1.37 | x |
| 2017-12-31 | RM1.95 | RM1.37 | x |
| 2018-12-31 | RM1.64 | RM1.37 | x |
| 2019-12-31 | RM1.78 | RM1.37 | x |
| 2020-12-31 | RM1.83 | RM1.37 | x |
| 2021-12-31 | RM1.95 | RM1.37 | x |
| 2022-12-31 | RM2.11 | RM1.37 | x |
| 2023-12-31 | RM2.29 | RM1.37 | x |
| 2024-12-31 | RM2.33 | RM1.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unimech 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): 6.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.57%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.63x
- Recent ROE (6.17%) is below the historical average (6.87%), 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 | 4.19% | 4.17% | 0.52x | 1.94x | RM-13.85 Million |
| 2016 | 3.53% | 3.62% | 0.53x | 1.84x | RM-15.87 Million |
| 2017 | 4.81% | 4.72% | 0.55x | 1.84x | RM-12.61 Million |
| 2018 | 7.92% | 7.14% | 0.61x | 1.82x | RM-5.13 Million |
| 2019 | 8.83% | 8.47% | 0.59x | 1.78x | RM-3.10 Million |
| 2020 | 6.09% | 6.37% | 0.55x | 1.73x | RM-10.61 Million |
| 2021 | 8.30% | 8.27% | 0.59x | 1.69x | RM-4.91 Million |
| 2022 | 10.08% | 9.41% | 0.66x | 1.63x | RM263.08K |
| 2023 | 8.79% | 8.95% | 0.61x | 1.61x | RM-4.08 Million |
| 2024 | 6.17% | 6.57% | 0.58x | 1.63x | RM-13.09 Million |
Industry Comparison
This section compares Unimech Group Bhd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $102,489,553
- Average return on equity (ROE) among peers: 5.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unimech Group Bhd (7091) | RM349.73 Million | 4.19% | 0.60x | $10.02 Million |
| Mestron Holdings (0207) | $133.18 Million | 8.22% | 0.51x | $13.22 Million |
| Volcano Bhd (0232) | $67.65 Million | 7.07% | 0.10x | $2.97 Million |
| CEKD Bhd (0238) | $37.51 Million | 16.10% | 0.45x | $2.22 Million |
| Coraza Integrated Technology Bhd (0240) | $24.62 Million | 14.02% | 0.86x | $22.53 Million |
| SFP Tech Holdings Bhd (0251) | $197.22 Million | 19.84% | 0.48x | $15.02 Million |
| Wentel Engineering Holdings Berhad (0298) | $67.39 Million | 18.41% | 0.37x | $15.04 Million |
| Chemlite Innovation Berhad (0348) | $10.17 Million | 88.53% | 2.12x | $7.81 Million |
| Seremban Engineering Bhd (5163) | $25.52 Million | -141.72% | 3.68x | $1.36 Million |
| Uwc Bhd (5292) | $304.78 Million | 30.03% | 0.18x | $374.15 Million |
| APB Resources Bhd (5568) | $156.86 Million | -0.79% | 0.07x | $2.25 Million |