Oka Corporation Bhd
OKA Corporation Bhd, an investment holding company, engages in the manufacturing and selling of pre-cast concrete products for the infrastructure, sewerage, construction, and highway industries in Malaysia. Its products include arch bridge systems, box culverts, precast caisson chamber rings, industrialized building systems, jacking and large diameter pipes, L-shape walls, manholes, porous pipes,… Read more
Oka Corporation Bhd (7140) - Net Assets
Latest net assets as of September 2025: RM199.82 Million MYR
Based on the latest financial reports, Oka Corporation Bhd (7140) has net assets worth RM199.82 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 (RM232.47 Million) and total liabilities (RM32.66 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 | RM199.82 Million |
| % of Total Assets | 85.95% |
| Annual Growth Rate | 5.71% |
| 5-Year Change | 6.5% |
| 10-Year Change | 40.2% |
| Growth Volatility | 6.37 |
Oka Corporation Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Oka Corporation 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 Oka Corporation Bhd (2012–2025)
The table below shows the annual net assets of Oka Corporation Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM193.54 Million | +2.17% |
| 2024-03-31 | RM189.44 Million | +2.09% |
| 2023-03-31 | RM185.55 Million | +0.01% |
| 2022-03-31 | RM185.53 Million | +2.09% |
| 2021-03-31 | RM181.73 Million | +3.29% |
| 2020-03-31 | RM175.94 Million | +0.99% |
| 2019-03-31 | RM174.21 Million | -4.10% |
| 2018-03-31 | RM181.65 Million | +11.28% |
| 2017-03-31 | RM163.23 Million | +18.25% |
| 2016-03-31 | RM138.04 Million | +13.15% |
| 2015-03-31 | RM122.00 Million | +11.93% |
| 2014-03-31 | RM109.00 Million | +12.37% |
| 2013-03-31 | RM97.00 Million | +3.19% |
| 2012-03-31 | RM94.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oka 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 84.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM105.70 Million | 54.61% |
| Common Stock | RM87.84 Million | 45.38% |
| Other Components | RM3.39K | 0.00% |
| Total Equity | RM193.54 Million | 100.00% |
Oka Corporation Bhd Competitors by Market Cap
The table below lists competitors of Oka Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eminis Ambalaj Sanayi ve Ticaret AS
IS:EMNIS
|
$7.23 Million |
|
Rhyolite Resources Ltd
V:RYE
|
$7.23 Million |
|
Omnia Holdings Limited
JSE:OMN
|
$7.23 Million |
|
Kc Green Holdi
KO:009440
|
$7.23 Million |
|
ASM INT
MU:AVS
|
$7.23 Million |
|
Glunz & Jensen
CO:GJ
|
$7.22 Million |
|
Bank Mnc Internasional Tbk
JK:BABP
|
$7.22 Million |
|
Tek Seng Holdings Bhd
KLSE:7200
|
$7.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oka Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 189,435,060 to 193,536,770, a change of 4,101,710 (2.2%).
- Net income of 9,991,200 contributed positively to equity growth.
- Dividend payments of 5,644,090 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM9.99 Million | +5.16% |
| Dividends Paid | RM5.64 Million | -2.92% |
| Other Changes | RM-245.40K | -0.13% |
| Total Change | RM- | 2.17% |
Book Value vs Market Value Analysis
This analysis compares Oka 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: 0.53x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.67 | RM0.42 | x |
| 2018-03-31 | RM0.74 | RM0.42 | x |
| 2019-03-31 | RM0.71 | RM0.42 | x |
| 2020-03-31 | RM0.72 | RM0.42 | x |
| 2021-03-31 | RM0.74 | RM0.42 | x |
| 2022-03-31 | RM0.76 | RM0.42 | x |
| 2023-03-31 | RM0.76 | RM0.42 | x |
| 2024-03-31 | RM0.77 | RM0.42 | x |
| 2025-03-31 | RM0.79 | RM0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oka 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): 5.16%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.39%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.16x
- Recent ROE (5.16%) is below the historical average (9.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.95% | 13.49% | 0.93x | 1.19x | RM6.83 Million |
| 2017 | 17.34% | 16.98% | 0.84x | 1.22x | RM11.97 Million |
| 2018 | 13.55% | 17.04% | 0.68x | 1.17x | RM6.45 Million |
| 2019 | 6.27% | 8.45% | 0.65x | 1.15x | RM-6.50 Million |
| 2020 | 6.42% | 9.49% | 0.59x | 1.15x | RM-6.29 Million |
| 2021 | 8.72% | 13.65% | 0.55x | 1.16x | RM-2.32 Million |
| 2022 | 8.13% | 13.27% | 0.52x | 1.18x | RM-3.47 Million |
| 2023 | 5.96% | 8.15% | 0.62x | 1.18x | RM-7.49 Million |
| 2024 | 4.90% | 6.58% | 0.63x | 1.17x | RM-9.66 Million |
| 2025 | 5.16% | 6.39% | 0.70x | 1.16x | RM-9.36 Million |
Industry Comparison
This section compares Oka Corporation Bhd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $816,377,757
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oka Corporation Bhd (7140) | RM199.82 Million | 14.95% | 0.16x | $7.23 Million |
| SC Estate Builder Bhd (0109) | $32.25 Million | -3.08% | 0.12x | $1.42 Million |
| PLYTEC Holding Berhad (0289) | $61.53 Million | 11.66% | 1.60x | $3.61 Million |
| Johan Holdings Bhd (3441) | $239.84 Million | 67.96% | 0.26x | $1.40 Million |
| Lafarge Malayan Cement Bhd (3794) | $6.31 Billion | 6.79% | 0.69x | $776.34 Million |
| Hume Industries Berhad (5000) | $23.00 Million | 0.00% | 0.87x | $114.04 Million |
| White Horse Bhd (5009) | $587.50 Million | -9.41% | 0.45x | $8.87 Million |
| YB Ventures Bhd (5048) | $285.65 Million | -17.33% | 0.20x | $2.54 Million |
| Complete Logistic Services Bhd (5136) | $171.55 Million | 7.50% | 0.15x | $87.86 Million |
| Dfcity Group Bhd (5165) | $51.00 Million | 1.96% | 1.10x | $1.64 Million |
| Chin Hin Group Bhd (5273) | $399.55 Million | 7.45% | 1.42x | $436.65 Million |