Joe Holding Bhd (7096) - Net Assets
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. Also explore Joe Holding Bhd asset portfolio for the complete picture of this company's asset base.
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. Check 7096 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. For live valuation and market cap data, see 7096 market cap overview.
| 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 |
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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 |
|---|---|
|
Carmell Therapeutics Corporation
NASDAQ:CTCX
|
$4.61 Million |
|
Evolution Energy Minerals Ltd
AU:EV1
|
$4.62 Million |
|
Albion Resources Ltd
AU:ALB
|
$4.63 Million |
|
Catella AB A
ST:CAT-A
|
$4.63 Million |
|
Preecha Group Public Company Limited
BK:PRECHA
|
$4.61 Million |
|
Cann Group Ltd
AU:CAN
|
$4.60 Million |
|
amalphi ag
F:AMI
|
$4.60 Million |
|
Pentanet Ltd
AU:5GG
|
$4.60 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: 0.14x
- 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 0.59x to 0.14x 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 | RM0.06 | x |
| 2018-03-31 | RM0.10 | RM0.06 | x |
| 2019-03-31 | RM0.10 | RM0.06 | x |
| 2020-03-31 | RM0.10 | RM0.06 | x |
| 2021-03-31 | RM1.05 | RM0.06 | x |
| 2022-03-31 | RM0.71 | RM0.06 | x |
| 2023-03-31 | RM0.59 | RM0.06 | x |
| 2024-03-31 | RM0.54 | RM0.06 | x |
| 2025-03-31 | RM0.49 | RM0.06 | x |
| 2026-03-31 | RM0.44 | RM0.06 | 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: $310,087,634
- Average return on equity (ROE) among peers: 7.28%
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 | $4.61 Million |
| Eversafe Rubber Bhd (0190) | $48.13 Million | 12.11% | 0.55x | $4.83 Million |
| Betamek Bhd (0263) | $136.69 Million | 11.90% | 0.29x | $74.04 Million |
| APM Automotive Holdings Bhd (5015) | $1.44 Billion | 5.95% | 0.68x | $146.26 Million |
| ABM Fujiya Bhd (5198) | $143.00 Million | 2.10% | 0.60x | $9.04 Million |
| Globaltec Formation Bhd (5220) | $281.52 Million | 2.65% | 0.52x | $59.46 Million |
| Solid Automotive Bhd (5242) | $98.00 Million | 10.20% | 0.40x | $16.30 Million |
| Pecca Group Bhd (5271) | $159.28 Million | 6.41% | 0.16x | $241.91 Million |
| Feytech Holdings Berhad (5322) | $244.23 Million | 19.51% | 0.32x | $45.52 Million |
| MCE Holdings Bhd (7004) | $94.00 Million | -1.06% | 0.27x | $56.66 Million |
| New Hoong Fatt Holdings Bhd (7060) | $456.45 Million | 3.07% | 0.25x | $55.21 Million |
About Joe Holding Bhd
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