SKP Resources Bhd (7155) - Net Assets

Latest as of December 2025: RM972.66 Million MYR ≈ $244.20 Million USD

Based on the latest financial reports, SKP Resources Bhd (7155) has net assets worth RM972.66 Million MYR (≈ $244.20 Million USD) 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 ≈ $344.37 Million USD) and total liabilities (RM398.96 Million ≈ $100.17 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. Check SKP Resources Bhd (7155) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore SKP Resources Bhd (7155) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 7155 stock market capitalisation.

Year	Net Assets	Change
2025-03-31	RM961.94 Million ≈ $241.51 Million	+8.20%
2024-03-31	RM889.00 Million ≈ $223.20 Million	+2.38%
2023-03-31	RM868.32 Million ≈ $218.01 Million	+6.61%
2022-03-31	RM814.51 Million ≈ $204.50 Million	+15.07%
2021-03-31	RM707.83 Million ≈ $177.71 Million	+15.81%
2020-03-31	RM611.21 Million ≈ $153.45 Million	+3.83%
2019-03-31	RM588.66 Million ≈ $147.79 Million	+5.69%
2018-03-31	RM556.97 Million ≈ $139.84 Million	+22.24%
2017-03-31	RM455.64 Million ≈ $114.40 Million	+34.71%
2016-03-31	RM338.24 Million ≈ $84.92 Million	+122.49%
2015-03-31	RM152.02 Million ≈ $38.17 Million	-30.92%
2014-03-31	RM220.07 Million ≈ $55.25 Million	+10.67%
2013-03-31	RM198.85 Million ≈ $49.92 Million	+10.51%
2012-03-31	RM179.94 Million ≈ $45.18 Million	+13.84%
2011-03-31	RM158.06 Million ≈ $39.68 Million	+12.26%
2010-03-31	RM140.80 Million ≈ $35.35 Million	+7.98%
2009-03-31	RM130.39 Million ≈ $32.74 Million	+0.64%
2008-03-31	RM129.56 Million ≈ $32.53 Million	+13.65%
2007-03-31	RM114.00 Million ≈ $28.62 Million	+16.58%
2006-03-31	RM97.80 Million ≈ $24.55 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
Payton -L TA:PAYT	$157.03 Million
TIZIANA LIFE SCIENCES LTD F:0RP	$157.03 Million
Intellego Technologies AB ST:INT	$157.08 Million
Quercus TFI SA WAR:QRS	$157.10 Million
Sebo Manufacturing Engineering & Construction Corp KQ:011560	$156.86 Million
LWSABAH KLSE:5328	$156.82 Million
Oxford Square Capital Corp NASDAQ:OXSQ	$156.81 Million
Revival Gold Inc V:RVG	$156.72 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: 0.65x
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 4.58x to 0.65x 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	RM0.40	x
2007-03-31	RM0.10	RM0.40	x
2008-03-31	RM0.12	RM0.40	x
2009-03-31	RM0.12	RM0.40	x
2010-03-31	RM0.13	RM0.40	x
2011-03-31	RM0.14	RM0.40	x
2012-03-31	RM0.16	RM0.40	x
2013-03-31	RM0.19	RM0.40	x
2014-03-31	RM0.20	RM0.40	x
2015-03-31	RM0.14	RM0.40	x
2016-03-31	RM0.23	RM0.40	x
2017-03-31	RM0.31	RM0.40	x
2018-03-31	RM0.36	RM0.40	x
2019-03-31	RM0.38	RM0.40	x
2020-03-31	RM0.39	RM0.40	x
2021-03-31	RM0.45	RM0.40	x
2022-03-31	RM0.52	RM0.40	x
2023-03-31	RM0.56	RM0.40	x
2024-03-31	RM0.57	RM0.40	x
2025-03-31	RM0.62	RM0.40	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: $571,558,210
Average return on equity (ROE) among peers: -0.25%

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	$156.90 Million
Karyon Industries Bhd (0054)	$47.16 Million	11.72%	0.23x	$16.72 Million
Sersol Bhd (0055)	$22.39 Million	-8.05%	0.16x	$7.07 Million
ES Ceramics Technology Bhd (0100)	$52.84 Million	4.32%	0.13x	$20.42 Million
Asia Poly Holdings Bhd (0105)	$34.93 Million	13.19%	0.90x	$18.53 Million
Dpi Holdings Berhad (0205)	$88.65 Million	5.30%	0.10x	$19.25 Million
Comfort Gloves Bhd (2127)	$82.19 Million	-26.00%	1.17x	$21.08 Million
Hexza Corporation Bhd (3298)	$221.53 Million	-9.01%	0.09x	$46.46 Million
Ancom Berhad (4758)	$421.00 Million	2.38%	1.11x	$243.71 Million
Paos Holdings Bhd (5022)	$100.65 Million	3.43%	0.09x	$11.37 Million
Hartalega Holdings Bhd (5168)	$4.64 Billion	0.27%	0.13x	$959.79 Million

About SKP Resources Bhd

KLSE:7155 Malaysia Specialty Chemicals

Market Cap

$156.90 Million

RM624.94 Million MYR

Market Cap Rank

#17464 Global

#248 in Malaysia

Share Price

RM0.40

Change (1 day)

-3.61%

52-Week Range

RM0.36 - RM1.08

All Time High

RM1.79