Ageson Bhd
Txcd Berhad, an investment holding company, engages in the engineering, procurement, construction, and commissioning (EPCC) activities in Malaysia. It operates through four segments: Construction; Trading of construction material; Trading of vegetables; and Others. The company constructs residential and commercial properties comprising landed properties, high-rise properties, transportation hubs,… Read more
Ageson Bhd (7145) - Net Assets
Latest net assets as of September 2025: RM5.24 Million MYR
Based on the latest financial reports, Ageson Bhd (7145) has net assets worth RM5.24 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 (RM54.49 Million) and total liabilities (RM49.25 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 | RM5.24 Million |
| % of Total Assets | 9.62% |
| Annual Growth Rate | -26.63% |
| 5-Year Change | -98.99% |
| 10-Year Change | -98.26% |
| Growth Volatility | 38.48 |
Ageson Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Ageson 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 Ageson Bhd (2012–2024)
The table below shows the annual net assets of Ageson Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM3.11 Million | -96.88% |
| 2023-12-31 | RM99.94 Million | -58.05% |
| 2022-12-31 | RM238.25 Million | -42.23% |
| 2021-12-31 | RM412.40 Million | +33.48% |
| 2020-12-31 | RM308.97 Million | +35.44% |
| 2019-12-31 | RM228.13 Million | +10.27% |
| 2018-12-31 | RM206.87 Million | +3.24% |
| 2017-12-31 | RM200.39 Million | +3.46% |
| 2016-12-31 | RM193.68 Million | +8.01% |
| 2015-12-31 | RM179.31 Million | +2.47% |
| 2014-12-31 | RM175.00 Million | +31.58% |
| 2013-12-31 | RM133.00 Million | +3.91% |
| 2012-12-31 | RM128.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ageson 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 333.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM327.76 Million | 10522.96% |
| Total Equity | RM3.11 Million | 100.00% |
Ageson Bhd Competitors by Market Cap
The table below lists competitors of Ageson Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sumi Indo Kabel Tbk
JK:IKBI
|
$3.15 Million |
|
yarrl S.A.
WAR:YRL
|
$3.15 Million |
|
Termorex
WAR:TRR
|
$3.15 Million |
|
Bullet Exploration Inc
V:AMMO
|
$3.15 Million |
|
Aterian Inc
NASDAQ:ATER
|
$3.15 Million |
|
PT Global Sukses Digital Tbk
JK:DOSS
|
$3.15 Million |
|
Barak Valley Cements Limited
NSE:BVCL
|
$3.15 Million |
|
ANSYS (AKX.SG)
STU:AKX
|
$3.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ageson Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 99,936,574 to 3,114,708, a change of -96,821,866 (-96.9%).
- Net income of 6,248,034 contributed positively to equity growth.
- Other factors decreased equity by 103,069,900.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM6.25 Million | +200.6% |
| Other Changes | RM-103.07 Million | -3309.14% |
| Total Change | RM- | -96.88% |
Book Value vs Market Value Analysis
This analysis compares Ageson 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: 11.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.02x to 11.01x 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 | RM7.27 | RM0.11 | x |
| 2016-12-31 | RM7.85 | RM0.11 | x |
| 2017-12-31 | RM7.38 | RM0.11 | x |
| 2018-12-31 | RM7.06 | RM0.11 | x |
| 2019-12-31 | RM3.47 | RM0.11 | x |
| 2020-12-31 | RM3.14 | RM0.11 | x |
| 2021-12-31 | RM1.32 | RM0.11 | x |
| 2022-12-31 | RM0.76 | RM0.11 | x |
| 2023-12-31 | RM0.32 | RM0.11 | x |
| 2024-12-31 | RM0.01 | RM0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ageson 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): 200.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.28%
- • Asset Turnover: 2.09x
- • Equity Multiplier: 7.23x
- Recent ROE (200.60%) is above the historical average (21.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 1.05% | 0.78% | 0.57x | 2.33x | RM-16.06 Million |
| 2016 | 2.24% | 2.08% | 0.54x | 1.99x | RM-15.04 Million |
| 2017 | 1.62% | 2.48% | 0.37x | 1.79x | RM-16.80 Million |
| 2018 | 1.31% | 2.22% | 0.35x | 1.71x | RM-17.97 Million |
| 2019 | 17.06% | 41.29% | 0.29x | 1.43x | RM16.10 Million |
| 2020 | 10.24% | 19.04% | 0.41x | 1.30x | RM754.85K |
| 2021 | 9.51% | 11.09% | 0.60x | 1.42x | RM-2.02 Million |
| 2022 | -51.88% | -24.91% | 1.35x | 1.54x | RM-147.43 Million |
| 2024 | 200.60% | 13.28% | 2.09x | 7.23x | RM5.94 Million |
Industry Comparison
This section compares Ageson Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ageson Bhd (7145) | RM5.24 Million | 1.05% | 9.39x | $3.15 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |