SKP Resources Bhd
SKP Resources Bhd, together with its subsidiaries, provides electronics manufacturing services (EMS) in Malaysia. The company offers design and engineering, as well as microelectronics, and schematic modelling and signal integrity services; integrated manufacturing services comprising tooling, moulding/injection blow, and electronics; supply chain management system services, including logistics n… Read more
SKP Resources Bhd (7155) - Net Assets
Latest net assets as of December 2025: RM972.66 Million MYR
Based on the latest financial reports, SKP Resources Bhd (7155) has net assets worth RM972.66 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.37 Billion) and total liabilities (RM398.96 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 | RM972.66 Million |
| % of Total Assets | 70.91% |
| Annual Growth Rate | 12.79% |
| 5-Year Change | 35.9% |
| 10-Year Change | 184.39% |
| Growth Volatility | 28.0 |
SKP Resources Bhd - Net Assets Trend (2006–2025)
This chart illustrates how SKP Resources 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 SKP Resources Bhd (2006–2025)
The table below shows the annual net assets of SKP Resources Bhd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM961.94 Million | +8.20% |
| 2024-03-31 | RM889.00 Million | +2.38% |
| 2023-03-31 | RM868.32 Million | +6.61% |
| 2022-03-31 | RM814.51 Million | +15.07% |
| 2021-03-31 | RM707.83 Million | +15.81% |
| 2020-03-31 | RM611.21 Million | +3.83% |
| 2019-03-31 | RM588.66 Million | +5.69% |
| 2018-03-31 | RM556.97 Million | +22.24% |
| 2017-03-31 | RM455.64 Million | +34.71% |
| 2016-03-31 | RM338.24 Million | +122.49% |
| 2015-03-31 | RM152.02 Million | -30.92% |
| 2014-03-31 | RM220.07 Million | +10.67% |
| 2013-03-31 | RM198.85 Million | +10.51% |
| 2012-03-31 | RM179.94 Million | +13.84% |
| 2011-03-31 | RM158.06 Million | +12.26% |
| 2010-03-31 | RM140.80 Million | +7.98% |
| 2009-03-31 | RM130.39 Million | +0.64% |
| 2008-03-31 | RM129.56 Million | +13.65% |
| 2007-03-31 | RM114.00 Million | +16.58% |
| 2006-03-31 | RM97.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SKP Resources 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 5286.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM762.41 Million | 79.26% |
| Common Stock | RM296.13 Million | 30.78% |
| Total Equity | RM961.94 Million | 100.00% |
SKP Resources Bhd Competitors by Market Cap
The table below lists competitors of SKP Resources Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shin Shin Natural Gas Co Ltd
TW:9918
|
$101.34 Million |
|
Sapien Semiconductors Inc.
KQ:452430
|
$101.34 Million |
|
KVH Industries Inc
NASDAQ:KVHI
|
$101.45 Million |
|
Well Shin Technology Co Ltd
TW:3501
|
$101.45 Million |
|
LEWAG Holding Aktiengesellschaft
F:KGR
|
$101.31 Million |
|
Qingyan Environmental Technology Co. Ltd.
SHE:301288
|
$101.29 Million |
|
Duxton Water Ltd
AU:D2O
|
$101.27 Million |
|
Hyperfine Inc
NASDAQ:HYPR
|
$101.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SKP Resources Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 889,004,000 to 961,937,000, a change of 72,933,000 (8.2%).
- Net income of 117,030,000 contributed positively to equity growth.
- Dividend payments of 45,621,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,388,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM117.03 Million | +12.17% |
| Dividends Paid | RM45.62 Million | -4.74% |
| Other Comprehensive Income | RM1.39 Million | +0.14% |
| Other Changes | RM136.00K | +0.01% |
| Total Change | RM- | 8.20% |
Book Value vs Market Value Analysis
This analysis compares SKP Resources 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: 0.80x
- 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 5.61x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | RM0.09 | RM0.49 | x |
| 2007-03-31 | RM0.10 | RM0.49 | x |
| 2008-03-31 | RM0.12 | RM0.49 | x |
| 2009-03-31 | RM0.12 | RM0.49 | x |
| 2010-03-31 | RM0.13 | RM0.49 | x |
| 2011-03-31 | RM0.14 | RM0.49 | x |
| 2012-03-31 | RM0.16 | RM0.49 | x |
| 2013-03-31 | RM0.19 | RM0.49 | x |
| 2014-03-31 | RM0.20 | RM0.49 | x |
| 2015-03-31 | RM0.14 | RM0.49 | x |
| 2016-03-31 | RM0.23 | RM0.49 | x |
| 2017-03-31 | RM0.31 | RM0.49 | x |
| 2018-03-31 | RM0.36 | RM0.49 | x |
| 2019-03-31 | RM0.38 | RM0.49 | x |
| 2020-03-31 | RM0.39 | RM0.49 | x |
| 2021-03-31 | RM0.45 | RM0.49 | x |
| 2022-03-31 | RM0.52 | RM0.49 | x |
| 2023-03-31 | RM0.56 | RM0.49 | x |
| 2024-03-31 | RM0.57 | RM0.49 | x |
| 2025-03-31 | RM0.62 | RM0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SKP Resources 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): 12.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.27%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 1.51x
- Recent ROE (12.17%) is below the historical average (16.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 9.33% | 8.79% | 0.81x | 1.31x | RM-654.50K |
| 2007 | 14.22% | 9.53% | 1.06x | 1.41x | RM4.81 Million |
| 2008 | 14.12% | 10.26% | 1.07x | 1.28x | RM5.34 Million |
| 2009 | 2.25% | 1.68% | 1.10x | 1.22x | RM-10.11 Million |
| 2010 | 9.52% | 6.85% | 1.10x | 1.26x | RM-675.70K |
| 2011 | 16.60% | 10.21% | 1.22x | 1.34x | RM10.44 Million |
| 2012 | 20.48% | 8.88% | 1.57x | 1.46x | RM18.85 Million |
| 2013 | 19.89% | 9.34% | 1.58x | 1.35x | RM19.66 Million |
| 2014 | 13.32% | 7.10% | 1.36x | 1.38x | RM7.31 Million |
| 2015 | 27.84% | 6.83% | 1.10x | 3.71x | RM27.12 Million |
| 2016 | 24.09% | 8.02% | 1.83x | 1.64x | RM47.66 Million |
| 2017 | 22.67% | 5.32% | 1.85x | 2.31x | RM57.75 Million |
| 2018 | 22.83% | 6.05% | 2.31x | 1.63x | RM71.22 Million |
| 2019 | 16.45% | 5.84% | 1.89x | 1.49x | RM37.89 Million |
| 2020 | 11.97% | 4.01% | 1.82x | 1.64x | RM12.04 Million |
| 2021 | 18.82% | 5.92% | 2.15x | 1.48x | RM62.46 Million |
| 2022 | 21.29% | 7.47% | 1.85x | 1.54x | RM91.94 Million |
| 2023 | 16.18% | 5.59% | 1.94x | 1.49x | RM53.69 Million |
| 2024 | 10.23% | 4.91% | 1.38x | 1.51x | RM2.09 Million |
| 2025 | 12.17% | 5.27% | 1.53x | 1.51x | RM20.84 Million |
Industry Comparison
This section compares SKP Resources Bhd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $114,437,893
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SKP Resources Bhd (7155) | RM972.66 Million | 9.33% | 0.41x | $101.33 Million |
| Karyon Industries Bhd (0054) | $77.22 Million | 4.62% | 0.20x | $6.87 Million |
| Sersol Bhd (0055) | $16.03 Million | -7.66% | 0.40x | $2.78 Million |
| ES Ceramics Technology Bhd (0100) | $32.96 Million | 16.97% | 0.13x | $8.07 Million |
| Asia Poly Holdings Bhd (0105) | $34.93 Million | 13.19% | 0.90x | $6.67 Million |
| Dpi Holdings Berhad (0205) | $80.83 Million | 14.67% | 0.12x | $2.94 Million |
| Polymer Link Holdings Berhad (0381) | $80.14 Million | 18.72% | 0.81x | $5.49 Million |
| Comfort Gloves Bhd (2127) | $87.78 Million | -6.41% | 0.89x | $9.27 Million |
| Hexza Corporation Bhd (3298) | $244.22 Million | 6.33% | 0.08x | $19.98 Million |
| Ancom Berhad (4758) | $402.00 Million | -4.98% | 1.42x | $109.07 Million |
| Paos Holdings Bhd (5022) | $88.25 Million | 0.11% | 0.67x | $2.81 Million |