SKB Shutters Corporation Bhd Net Assets

Latest as of June 2026: RM193.27 Million MYR ≈ $48.52 Million USD

SKB Shutters Corporation Bhd net assets. Based on the latest financial reports, SKB Shutters Corporation Bhd (7115) has net assets worth RM193.27 Million MYR (≈ $48.52 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM357.59 Million ≈ $89.78 Million USD) and total liabilities (RM164.32 Million ≈ $41.26 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. See SKB Shutters Corporation Bhd (7115) net asset quality to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM193.27 Million
% of Total Assets	54.05%
Annual Growth Rate	6.6%
5-Year Change	92.04%
10-Year Change	149.28%
Growth Volatility	9.6

Net Assets of SKB Shutters Corporation Bhd (2012–2026)

Net assets of SKB Shutters Corporation Bhd from 2012 to 2026. This chart illustrates how SKB Shutters Corporation Bhd's net assets have evolved over time, based on quarterly financial data. Also explore net asset momentum of SKB Shutters Corporation Bhd to track the company's year-over-year net asset growth rate.

Annual Net Assets for SKB Shutters Corporation Bhd (2012–2026)

The table below shows the annual net assets of SKB Shutters Corporation Bhd from 2012 to 2026. For live market cap and overall valuation, see 7115 stock market capitalisation.

Year	Net Assets	Change
2026-06-30	RM193.27 Million ≈ $48.52 Million	+8.51%
2025-06-30	RM178.11 Million ≈ $44.72 Million	+34.51%
2024-06-30	RM132.41 Million ≈ $33.24 Million	+14.59%
2023-06-30	RM115.55 Million ≈ $29.01 Million	+14.82%
2022-06-30	RM100.64 Million ≈ $25.27 Million	+10.51%
2021-06-30	RM91.07 Million ≈ $22.87 Million	+11.43%
2020-06-30	RM81.73 Million ≈ $20.52 Million	-1.16%
2019-06-30	RM82.69 Million ≈ $20.76 Million	+3.96%
2018-06-30	RM79.54 Million ≈ $19.97 Million	+2.60%
2017-06-30	RM77.53 Million ≈ $19.47 Million	+2.73%
2016-06-30	RM75.47 Million ≈ $18.95 Million	-0.69%
2015-06-30	RM76.00 Million ≈ $19.08 Million	-1.30%
2014-06-30	RM77.00 Million ≈ $19.33 Million	0.00%
2013-06-30	RM77.00 Million ≈ $19.33 Million	-2.53%
2012-06-30	RM79.00 Million ≈ $19.83 Million	--

Equity Component Analysis

This analysis shows how different components contribute to SKB Shutters Corporation 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 237.0% over the analyzed period, indicating profitable operations and earnings retention.

SKB Shutters Corporation Bhd Net Assets Breakdown (June 2026)

SKB Shutters Corporation Bhd net assets breakdown by equity component as of June 2026.

Component	Amount	Percentage
Retained Earnings	RM119.53 Million	61.85%
Other Components	RM73.73 Million	38.15%
Total Equity	RM193.27 Million	100.00%

SKB Shutters Corporation Bhd Competitors by Market Cap

The table below lists competitors of SKB Shutters Corporation Bhd ranked by their market capitalization.

Company	Market Cap
Golden House TA:GOHO	$42.02 Million
Simonds Group Ltd AU:SIO	$42.02 Million
Sealink International Bhd KLSE:5145	$42.05 Million
Cyan AG XETRA:CYR	$42.06 Million
Erbosan Erciyas Boru Sanayi Ve Ticaret AS IS:ERBOS	$42.00 Million
Equus Energy Ltd AU:EQU	$41.99 Million
Matang Bhd KLSE:0189	$41.99 Million
Sinsin Pharmaceutical Co. Ltd KQ:002800	$41.95 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2025 to 2026, total equity changed from 178,109,330 to 193,269,000, a change of 15,159,670 (8.5%).
Net income of 30,667,000 contributed positively to equity growth.
Dividend payments of 4,863,000 reduced retained earnings.
Other factors decreased equity by 10,644,330.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	RM30.67 Million	+15.87%
Dividends Paid	RM4.86 Million	-2.52%
Other Changes	RM-10.64 Million	-5.51%
Total Change	RM-	8.51%

Book Value vs Market Value Analysis

This analysis compares SKB Shutters Corporation 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: 0.87x
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 1.37x to 0.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-06-30	RM0.63	RM0.86	x
2017-06-30	RM0.65	RM0.86	x
2018-06-30	RM0.66	RM0.86	x
2019-06-30	RM0.69	RM0.86	x
2020-06-30	RM0.68	RM0.86	x
2021-06-30	RM0.69	RM0.86	x
2022-06-30	RM0.76	RM0.86	x
2023-06-30	RM0.88	RM0.86	x
2024-06-30	RM0.99	RM0.86	x
2025-06-30	RM0.92	RM0.86	x
2026-06-30	RM0.99	RM0.86	x

Capital Efficiency Dashboard

This dashboard shows how efficiently SKB Shutters Corporation 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): 15.87%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.00%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.85x
Recent ROE (15.87%) is above the historical average (7.10%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	-0.56%	-0.76%	0.50x	1.47x	RM-7.97 Million
2017	2.73%	3.07%	0.40x	2.25x	RM-5.63 Million
2018	2.48%	3.03%	0.41x	1.98x	RM-5.98 Million
2019	3.84%	4.85%	0.40x	1.97x	RM-5.09 Million
2020	-1.17%	-1.44%	0.42x	1.94x	RM-9.13 Million
2021	5.52%	7.80%	0.39x	1.82x	RM-4.08 Million
2022	9.53%	12.88%	0.42x	1.78x	RM-468.84K
2023	12.98%	13.37%	0.49x	1.97x	RM3.44 Million
2024	12.36%	14.14%	0.47x	1.88x	RM3.13 Million
2025	14.49%	18.74%	0.44x	1.75x	RM7.99 Million
2026	15.87%	0.00%	0.00x	1.85x	RM11.34 Million

Industry Comparison

This section compares SKB Shutters Corporation Bhd's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

Industry: Metal Fabrication
Average net assets among peers: $247,793,038
Average return on equity (ROE) among peers: 0.95%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SKB Shutters Corporation Bhd (7115)	RM193.27 Million	-0.56%	0.85x	$42.00 Million
Mestron Holdings (0207)	$13.61 Million	15.99%	1.36x	$28.70 Million
Volcano Bhd (0232)	$103.41 Million	5.06%	0.15x	$11.86 Million
CEKD Bhd (0238)	$72.36 Million	9.41%	0.12x	$12.95 Million
Coraza Integrated Technology Bhd (0240)	$130.77 Million	3.36%	0.45x	$158.30 Million
SFP Tech Holdings Bhd (0251)	$197.22 Million	19.84%	0.48x	$150.64 Million
Wentel Engineering Holdings Berhad (0298)	$186.46 Million	8.06%	0.15x	$66.41 Million
Seremban Engineering Bhd (5163)	$29.59 Million	17.41%	3.04x	$11.40 Million
Uwc Bhd (5292)	$304.78 Million	30.03%	0.18x	$1.99 Billion
APB Resources Bhd (5568)	$78.16 Million	-103.94%	2.44x	$4.29 Million
Kumpulan Perangsang Selangor (5843)	$1.36 Billion	4.32%	0.43x	$74.88 Million

About SKB Shutters Corporation Bhd

KLSE:7115 Malaysia Metal Fabrication

Market Cap

$42.00 Million

RM167.27 Million MYR

Market Cap Rank

#22424 Global

#506 in Malaysia

Share Price

RM0.86

Change (1 day)

-1.15%

52-Week Range

RM0.75 - RM1.27

All Time High

RM1.27