Ta Win Holdings Bhd
Ta Win Holdings Berhad, an investment holding company, manufactures, sells, and trades in copper wires, rods, and related products in Malaysia, Brunei, Hong Kong, China, Vietnam, and internationally. It operates through Copper Product, Cable and Wire, Wire Harness and Power Cord, and Warehouse and Logistic segments. The company offers automotive, oil and gas, military aerospace, flexible, elevato… Read more
Ta Win Holdings Bhd (7097) - Net Assets
Latest net assets as of September 2025: RM134.47 Million MYR
Based on the latest financial reports, Ta Win Holdings Bhd (7097) has net assets worth RM134.47 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 (RM300.03 Million) and total liabilities (RM165.56 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 | RM134.47 Million |
| % of Total Assets | 44.82% |
| Annual Growth Rate | 7.85% |
| 5-Year Change | -49.04% |
| 10-Year Change | 123.33% |
| Growth Volatility | 49.2 |
Ta Win Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Ta Win Holdings 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 Ta Win Holdings Bhd (2012–2024)
The table below shows the annual net assets of Ta Win Holdings Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM148.56 Million | -37.15% |
| 2023-12-31 | RM236.38 Million | -3.54% |
| 2022-12-31 | RM245.04 Million | -15.27% |
| 2021-12-31 | RM289.20 Million | -0.79% |
| 2020-12-31 | RM291.51 Million | +168.45% |
| 2019-12-31 | RM108.59 Million | +27.80% |
| 2018-12-31 | RM84.97 Million | +26.29% |
| 2017-12-31 | RM67.28 Million | +4.33% |
| 2016-12-31 | RM64.49 Million | -3.05% |
| 2015-12-31 | RM66.52 Million | +10.87% |
| 2014-12-31 | RM60.00 Million | -6.25% |
| 2013-12-31 | RM64.00 Million | +6.67% |
| 2012-12-31 | RM60.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ta Win Holdings 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 35668.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM303.64 Million | 204.39% |
| Total Equity | RM148.56 Million | 100.00% |
Ta Win Holdings Bhd Competitors by Market Cap
The table below lists competitors of Ta Win Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wyld Networks AB (publ)
PINK:WYLDF
|
$6.81 Million |
|
Hitech Corporation Limited
NSE:HITECHCORP
|
$6.81 Million |
|
CuChi Commercial and Industrial Developing Investment JSC
VN:CCI
|
$6.82 Million |
|
PT Data Sinergitama Jaya Tbk
JK:ELIT
|
$6.82 Million |
|
Madhav Copper Limited
NSE:MCL
|
$6.80 Million |
|
Barramundi Group Ltd
OL:BARRA
|
$6.80 Million |
|
Pasofino Gold Limited
OTCQB:EFRGF
|
$6.80 Million |
|
Innature Bhd
KLSE:5295
|
$6.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ta Win Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 236,376,000 to 148,561,000, a change of -87,815,000 (-37.2%).
- Net loss of 91,979,000 reduced equity.
- Share repurchases of 4,223,000 reduced equity.
- New share issuances of 4,223,000 increased equity.
- Other factors increased equity by 4,164,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-91.98 Million | -61.91% |
| Share Repurchases | RM4.22 Million | -2.84% |
| Share Issuances | RM4.22 Million | +2.84% |
| Other Changes | RM4.16 Million | +2.8% |
| Total Change | RM- | -37.15% |
Book Value vs Market Value Analysis
This analysis compares Ta Win Holdings 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: 0.37x
- 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 0.09x to 0.37x 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 | RM0.16 | RM0.02 | x |
| 2016-12-31 | RM0.16 | RM0.02 | x |
| 2017-12-31 | RM0.16 | RM0.02 | x |
| 2018-12-31 | RM0.17 | RM0.02 | x |
| 2019-12-31 | RM0.11 | RM0.02 | x |
| 2020-12-31 | RM0.09 | RM0.02 | x |
| 2021-12-31 | RM0.08 | RM0.02 | x |
| 2022-12-31 | RM0.07 | RM0.02 | x |
| 2023-12-31 | RM0.07 | RM0.02 | x |
| 2024-12-31 | RM0.04 | RM0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ta Win Holdings 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): -61.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.33%
- • Asset Turnover: 2.23x
- • Equity Multiplier: 1.94x
- Recent ROE (-61.91%) is below the historical average (-9.21%), 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 | 0.69% | 0.12% | 2.32x | 2.56x | RM-6.20 Million |
| 2016 | 3.29% | 0.62% | 2.71x | 1.94x | RM-4.33 Million |
| 2017 | 4.09% | 0.68% | 3.28x | 1.82x | RM-3.98 Million |
| 2018 | 1.36% | 0.21% | 3.17x | 2.09x | RM-7.34 Million |
| 2019 | -12.64% | -5.45% | 1.39x | 1.67x | RM-24.58 Million |
| 2020 | -4.10% | -2.43% | 1.13x | 1.49x | RM-41.11 Million |
| 2021 | -0.96% | -0.51% | 1.26x | 1.49x | RM-31.71 Million |
| 2022 | -15.26% | -6.10% | 1.50x | 1.67x | RM-61.90 Million |
| 2023 | -6.67% | -2.24% | 1.68x | 1.78x | RM-39.40 Million |
| 2024 | -61.91% | -14.33% | 2.23x | 1.94x | RM-106.84 Million |
Industry Comparison
This section compares Ta Win Holdings Bhd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $138,551,308
- Average return on equity (ROE) among peers: 12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ta Win Holdings Bhd (7097) | RM134.47 Million | 0.69% | 1.23x | $6.81 Million |
| Supercomnet Technologies Bhd (0001) | $420.88 Million | 7.44% | 0.06x | $33.99 Million |
| Mikro MSC Bhd (0112) | $52.82 Million | 19.58% | 0.32x | $33.93 Million |
| Fibon Bhd (0149) | $51.50 Million | 3.34% | 0.05x | $1.36 Million |
| Powerwell Holdings Bhd (0217) | $84.51 Million | 23.33% | 0.96x | $37.49 Million |
| Southern Cable Group Bhd (0225) | $121.22 Million | 15.00% | 1.92x | $284.31 Million |
| Cnergenz Bhd (0246) | $78.15 Million | 39.09% | 0.50x | $11.57 Million |
| Master Tec Group Berhad (0295) | $76.45 Million | 7.24% | 1.72x | $34.75 Million |
| SWIFT ENERGY TECHNOLOGY BERHAD (0337) | $38.82 Million | 9.22% | 0.98x | $10.65 Million |
| South Malaysia Industries Bhd (4375) | $176.34 Million | 15.95% | 0.25x | $1.48 Million |
| Sarawak Cable Bhd (5170) | $284.81 Million | -12.08% | 2.87x | $312.56K |