Joe Holding Bhd (7096) - Net Assets

Latest as of March 2026: RM134.84 Million MYR ≈ $33.85 Million USD

Based on the latest financial reports, Joe Holding Bhd (7096) has net assets worth RM134.84 Million MYR (≈ $33.85 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM214.82 Million ≈ $53.93 Million USD) and total liabilities (RM79.98 Million ≈ $20.08 Million 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 Joe Holding Bhd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets RM134.84 Million
% of Total Assets 62.77%
Annual Growth Rate 1.87%
5-Year Change -38.26%
10-Year Change 23.63%
Growth Volatility 20.98

Joe Holding Bhd - Net Assets Trend (2013–2026)

This chart illustrates how Joe Holding Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Joe Holding Bhd.

Annual Net Assets for Joe Holding Bhd (2013–2026)

The table below shows the annual net assets of Joe Holding Bhd from 2013 to 2026. Also explore Joe Holding Bhd equity growth rate to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2026-03-31 RM134.84 Million
≈ $33.85 Million		 -10.16%
2025-03-31 RM150.10 Million
≈ $37.69 Million		 -8.45%
2024-03-31 RM163.95 Million
≈ $41.16 Million		 -8.68%
2023-03-31 RM179.53 Million
≈ $45.07 Million		 -17.80%
2022-03-31 RM218.40 Million
≈ $54.83 Million		 +24.96%
2021-03-31 RM174.78 Million
≈ $43.88 Million		 +65.96%
2020-03-31 RM105.31 Million
≈ $26.44 Million		 -0.98%
2019-03-31 RM106.35 Million
≈ $26.70 Million		 -1.33%
2018-03-31 RM107.79 Million
≈ $27.06 Million		 -1.17%
2017-03-31 RM109.07 Million
≈ $27.38 Million		 +0.99%
2016-03-31 RM108.00 Million
≈ $27.12 Million		 +16.13%
2015-03-31 RM93.00 Million
≈ $23.35 Million		 -5.10%
2014-03-31 RM98.00 Million
≈ $24.60 Million		 -7.55%
2013-03-31 RM106.00 Million
≈ $26.61 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Joe Holding 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 618.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Other Components RM159.53 Million 118.31%
Total Equity RM134.84 Million 100.00%

Joe Holding Bhd Competitors by Market Cap

The table below lists competitors of Joe Holding Bhd ranked by their market capitalization.

Company Market Cap
CASA DE BUCOVINA-CLUB DE MUNTE
RO:BCM
 $4.99 Million
Northern Shield Resources Inc.
V:NRN
 $4.99 Million
NedSense Enterprises NV
AS:NEDSE
 $5.00 Million
Apex Resources Inc
V:APX
 $5.00 Million
Identitii Ltd
AU:ID8
 $4.99 Million
SRJ Technologies Group Plc
AU:SRJ
 $4.99 Million
Austchina Holdings Ltd
AU:AUH
 $4.99 Million
Restore plc
LSE:RST
 $4.98 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2025 to 2026, total equity changed from 150,100,000 to 134,843,000, a change of -15,257,000 (-10.2%).
  • Net loss of 17,087,000 reduced equity.
  • Other factors increased equity by 1,830,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income RM-17.09 Million -12.67%
Other Changes RM1.83 Million +1.36%
Total Change RM- -10.16%

Book Value vs Market Value Analysis

This analysis compares Joe Holding 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: 0.15x
  • 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 0.64x to 0.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-03-31 RM0.10 RM0.07 x
2018-03-31 RM0.10 RM0.07 x
2019-03-31 RM0.10 RM0.07 x
2020-03-31 RM0.10 RM0.07 x
2021-03-31 RM1.05 RM0.07 x
2022-03-31 RM0.71 RM0.07 x
2023-03-31 RM0.59 RM0.07 x
2024-03-31 RM0.54 RM0.07 x
2025-03-31 RM0.49 RM0.07 x
2026-03-31 RM0.44 RM0.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Joe Holding 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): -12.67%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -134.77%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 1.59x
  • Recent ROE (-12.67%) is below the historical average (-6.56%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 7.31% 8.80% 0.70x 1.19x RM-2.94 Million
2018 -1.19% -1.74% 0.57x 1.19x RM-12.06 Million
2019 -0.56% -1.38% 0.34x 1.19x RM-11.23 Million
2020 -0.98% -3.55% 0.23x 1.23x RM-11.57 Million
2021 -1.18% -8.18% 0.13x 1.12x RM-19.54 Million
2022 -15.04% -174.88% 0.08x 1.10x RM-54.70 Million
2023 -21.66% -184.53% 0.08x 1.42x RM-56.83 Million
2024 -12.33% -86.66% 0.10x 1.47x RM-36.62 Million
2025 -7.26% -69.90% 0.07x 1.50x RM-25.90 Million
2026 -12.67% -134.77% 0.06x 1.59x RM-30.57 Million

Industry Comparison

This section compares Joe Holding Bhd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $276,223,553
  • Average return on equity (ROE) among peers: 9.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Joe Holding Bhd (7096) RM134.84 Million 7.31% 0.59x $4.99 Million
Eversafe Rubber Bhd (0190) $48.13 Million 12.11% 0.55x $6.64 Million
Betamek Bhd  (0263) $93.43 Million 14.42% 0.51x $79.16 Million
APM Automotive Holdings Bhd (5015) $908.00 Million 12.56% 0.23x $135.47 Million
ABM Fujiya Bhd (5198) $159.98 Million 1.16% 0.62x $10.17 Million
Globaltec Formation Bhd (5220) $426.00 Million 1.88% 0.37x $63.85 Million
Solid Automotive Bhd (5242) $196.03 Million 4.94% 0.50x $14.34 Million
Pecca Group Bhd (5271) $209.58 Million 27.52% 0.17x $249.18 Million
Feytech Holdings Berhad (5322) $217.44 Million 20.18% 0.34x $47.63 Million
MCE Holdings Bhd (7004) $77.04 Million -7.51% 0.56x $58.57 Million
New Hoong Fatt Holdings Bhd (7060) $426.59 Million 4.77% 0.26x $54.80 Million

About Joe Holding Bhd

KLSE:7096 Malaysia Auto Parts
Market Cap
$4.99 Million
RM19.88 Million MYR
Market Cap Rank
#28672 Global
#931 in Malaysia
Share Price
RM0.07
Change (1 day)
+18.18%
52-Week Range
RM0.05 - RM0.09
All Time High
RM2.38
Categories
Companies in Malaysia Auto Parts
About

Joe Holding Berhad, together with its subsidiaries, supplies automotive batteries in Malaysia and internationally. It operates through Automotive Batteries; Valve Regulated Lead Acid (VRLA) Batteries; and Investment Holding segments. The company engages in the manufacturing, assembling, and selling of automotive and motorcycle batteries, as well as engine oil, battery finder, lubricants, and othe… Read more