Prg Holdings Bhd
PRG Holdings Berhad, an investment holding company, manufactures, markets, and sells rubber strips, yarn, webbing, and metal components. It operates through four segments: Manufacturing, Energy Efficiency, Property Development and Construction, and Agriculture. The company is involved in trading of machinery and accessories; and harvesting and sale of teak logs, pineapple, and durian plantation a… Read more
Prg Holdings Bhd (7168) - Net Assets
Latest net assets as of September 2025: RM104.55 Million MYR
Based on the latest financial reports, Prg Holdings Bhd (7168) has net assets worth RM104.55 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 (RM368.94 Million) and total liabilities (RM264.38 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 | RM104.55 Million |
| % of Total Assets | 28.34% |
| Annual Growth Rate | 2.22% |
| 5-Year Change | -37.39% |
| 10-Year Change | -16.25% |
| Growth Volatility | 17.47 |
Prg Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Prg Holdings 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 Prg Holdings Bhd (2012–2024)
The table below shows the annual net assets of Prg Holdings Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM96.31 Million | -39.69% |
| 2023-12-31 | RM159.69 Million | -5.78% |
| 2022-12-31 | RM169.48 Million | +12.57% |
| 2021-12-31 | RM150.56 Million | -2.13% |
| 2020-12-31 | RM153.83 Million | -3.13% |
| 2019-12-31 | RM158.79 Million | +20.34% |
| 2018-12-31 | RM131.96 Million | +0.22% |
| 2017-12-31 | RM131.66 Million | +6.27% |
| 2016-12-31 | RM123.90 Million | +7.74% |
| 2015-12-31 | RM115.00 Million | +6.48% |
| 2014-12-31 | RM108.00 Million | +38.46% |
| 2013-12-31 | RM78.00 Million | +5.41% |
| 2012-12-31 | RM74.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prg Holdings 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 225.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM156.85 Million | 162.86% |
| Total Equity | RM96.31 Million | 100.00% |
Prg Holdings Bhd Competitors by Market Cap
The table below lists competitors of Prg Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anew Medical, Inc.
NASDAQ:WENA
|
$4.42 Million |
|
Country Club Hospitality & Holidays Limited
NSE:CCHHL
|
$4.42 Million |
|
Quantum Genomics SA
PA:ALQGC
|
$4.43 Million |
|
Only World Group Holdings Bhd
KLSE:5260
|
$4.43 Million |
|
Tincorp Metals Inc.
OTCQX:TINFF
|
$4.42 Million |
|
Signet Industries Limited
NSE:SIGIND
|
$4.42 Million |
|
Ravinder Heights Limited
NSE:RVHL
|
$4.42 Million |
|
ZYTRONIC PLC LS-01
F:8HD
|
$4.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prg Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 159,695,000 to 96,309,000, a change of -63,386,000 (-39.7%).
- Net loss of 73,277,000 reduced equity.
- Share repurchases of 429,000 reduced equity.
- New share issuances of 429,000 increased equity.
- Other factors increased equity by 9,891,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-73.28 Million | -76.09% |
| Share Repurchases | RM429.00K | -0.45% |
| Share Issuances | RM429.00K | +0.45% |
| Other Changes | RM9.89 Million | +10.27% |
| Total Change | RM- | -39.69% |
Book Value vs Market Value Analysis
This analysis compares Prg Holdings 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: 0.40x
- 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 increased from 0.19x to 0.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.42 | RM0.08 | x |
| 2017-12-31 | RM0.44 | RM0.08 | x |
| 2018-12-31 | RM0.43 | RM0.08 | x |
| 2019-12-31 | RM0.39 | RM0.08 | x |
| 2020-12-31 | RM0.37 | RM0.08 | x |
| 2021-12-31 | RM0.35 | RM0.08 | x |
| 2022-12-31 | RM0.39 | RM0.08 | x |
| 2023-12-31 | RM0.37 | RM0.08 | x |
| 2024-12-31 | RM0.20 | RM0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prg Holdings 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): -76.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.42%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 3.60x
- Recent ROE (-76.09%) is below the historical average (-12.84%), 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 | 3.44% | 3.23% | 0.46x | 2.32x | RM-8.13 Million |
| 2017 | 0.34% | 0.28% | 0.37x | 3.28x | RM-12.72 Million |
| 2018 | -6.80% | -10.67% | 0.19x | 3.29x | RM-22.17 Million |
| 2019 | -31.29% | -37.63% | 0.22x | 3.71x | RM-65.56 Million |
| 2020 | -8.32% | -6.51% | 0.50x | 2.58x | RM-28.18 Million |
| 2021 | -1.23% | -0.97% | 0.52x | 2.43x | RM-16.91 Million |
| 2022 | 11.50% | 6.34% | 0.63x | 2.87x | RM2.53 Million |
| 2023 | -7.12% | -3.14% | 0.78x | 2.92x | RM-27.34 Million |
| 2024 | -76.09% | -25.42% | 0.83x | 3.60x | RM-82.91 Million |
Industry Comparison
This section compares Prg Holdings Bhd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $262,280,897
- Average return on equity (ROE) among peers: 2.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prg Holdings Bhd (7168) | RM104.55 Million | 3.44% | 2.53x | $4.42 Million |
| Yoong Onn Corporation Bhd (5159) | $332.01 Million | 9.55% | 0.21x | $12.87 Million |
| Tek Seng Holdings Bhd (7200) | $240.01 Million | 3.52% | 0.42x | $7.06 Million |
| Kamdar Group (Malaysia) Bhd (8672) | $214.83 Million | -5.01% | 0.26x | $595.92K |