PMB Technology Bhd
PMB Technology Berhad, an investment holding company, produces and distributes metallic silicon and aluminium related products in Malaysia, other Asian countries, and internationally. It operates in two segments, Manufacturing and Trading, and Construction and Fabrication. The Manufacturing and Trading segment manufactures and distributes silicon metal products, access equipment, and other alumin… Read more
PMB Technology Bhd (7172) - Net Assets
Latest net assets as of September 2025: RM1.39 Billion MYR
Based on the latest financial reports, PMB Technology Bhd (7172) has net assets worth RM1.39 Billion MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.61 Billion) and total liabilities (RM1.22 Billion). 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 | RM1.39 Billion |
| % of Total Assets | 53.26% |
| Annual Growth Rate | 22.69% |
| 5-Year Change | 148.09% |
| 10-Year Change | 860.98% |
| Growth Volatility | 34.62 |
PMB Technology Bhd - Net Assets Trend (2012–2024)
This chart illustrates how PMB Technology 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 PMB Technology Bhd (2012–2024)
The table below shows the annual net assets of PMB Technology Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM1.38 Billion | +45.01% |
| 2023-12-31 | RM954.30 Million | +4.27% |
| 2022-12-31 | RM915.26 Million | +26.27% |
| 2021-12-31 | RM724.86 Million | +29.95% |
| 2020-12-31 | RM557.79 Million | +4.29% |
| 2019-12-31 | RM534.83 Million | +49.53% |
| 2018-12-31 | RM357.68 Million | +128.13% |
| 2017-12-31 | RM156.79 Million | +2.01% |
| 2016-12-31 | RM153.70 Million | +6.73% |
| 2015-12-31 | RM144.00 Million | +8.27% |
| 2014-12-31 | RM133.00 Million | +5.56% |
| 2013-12-31 | RM126.00 Million | +5.88% |
| 2012-12-31 | RM119.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PMB Technology 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 399.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM506.38 Million | 36.59% |
| Other Components | RM877.43 Million | 63.41% |
| Total Equity | RM1.38 Billion | 100.00% |
PMB Technology Bhd Competitors by Market Cap
The table below lists competitors of PMB Technology Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TROPHY GAMES Development AS
CO:TGAMES
|
$53.54 Million |
|
Josef Manner & Comp. AG
VI:MAN
|
$53.56 Million |
|
AWFDF
PINK:AWFDF
|
$53.56 Million |
|
TEAM Consulting Engineering and Management Public Company Limited
BK:TEAMG
|
$53.58 Million |
|
REACH SUBSEA NK 1
F:4RS
|
$53.54 Million |
|
TMK
KLSE:5330
|
$53.53 Million |
|
BEST SPAC I Acquisition Corp. Class A Ordinary Shares
NASDAQ:BSAA
|
$53.52 Million |
|
DaeChang Solution Co. Ltd
KQ:096350
|
$53.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PMB Technology Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 954,303,000 to 1,383,815,000, a change of 429,512,000 (45.0%).
- Net income of 58,059,000 contributed positively to equity growth.
- Share repurchases of 363,674,000 reduced equity.
- New share issuances of 363,674,000 increased equity.
- Other factors increased equity by 371,453,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM58.06 Million | +4.2% |
| Share Repurchases | RM363.67 Million | -26.28% |
| Share Issuances | RM363.67 Million | +26.28% |
| Other Changes | RM371.45 Million | +26.84% |
| Total Change | RM- | 45.01% |
Book Value vs Market Value Analysis
This analysis compares PMB Technology 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: 1.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.20x to 1.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.20 | RM1.23 | x |
| 2017-12-31 | RM0.20 | RM1.23 | x |
| 2018-12-31 | RM0.46 | RM1.23 | x |
| 2019-12-31 | RM0.52 | RM1.23 | x |
| 2020-12-31 | RM0.54 | RM1.23 | x |
| 2021-12-31 | RM0.68 | RM1.23 | x |
| 2022-12-31 | RM0.74 | RM1.23 | x |
| 2023-12-31 | RM0.57 | RM1.23 | x |
| 2024-12-31 | RM0.74 | RM1.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PMB Technology 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): 4.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.43%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.76x
- Recent ROE (4.20%) is below the historical average (7.50%), 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 | 6.97% | 2.89% | 1.03x | 2.34x | RM-4.65 Million |
| 2017 | 6.64% | 2.09% | 1.15x | 2.75x | RM-5.27 Million |
| 2018 | 2.61% | 3.26% | 0.37x | 2.18x | RM-26.45 Million |
| 2019 | 5.19% | 6.95% | 0.35x | 2.13x | RM-25.71 Million |
| 2020 | 4.07% | 3.76% | 0.52x | 2.09x | RM-33.07 Million |
| 2021 | 21.08% | 16.73% | 0.63x | 2.01x | RM80.29 Million |
| 2022 | 12.06% | 9.33% | 0.69x | 1.88x | RM18.83 Million |
| 2023 | 4.69% | 4.52% | 0.47x | 2.21x | RM-50.68 Million |
| 2024 | 4.20% | 6.43% | 0.37x | 1.76x | RM-80.32 Million |
Industry Comparison
This section compares PMB Technology Bhd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $102,489,553
- Average return on equity (ROE) among peers: 5.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PMB Technology Bhd (7172) | RM1.39 Billion | 6.97% | 0.88x | $53.54 Million |
| Mestron Holdings (0207) | $133.18 Million | 8.22% | 0.51x | $13.22 Million |
| Volcano Bhd (0232) | $67.65 Million | 7.07% | 0.10x | $2.97 Million |
| CEKD Bhd (0238) | $37.51 Million | 16.10% | 0.45x | $2.22 Million |
| Coraza Integrated Technology Bhd (0240) | $24.62 Million | 14.02% | 0.86x | $22.53 Million |
| SFP Tech Holdings Bhd (0251) | $197.22 Million | 19.84% | 0.48x | $15.02 Million |
| Wentel Engineering Holdings Berhad (0298) | $67.39 Million | 18.41% | 0.37x | $15.04 Million |
| Chemlite Innovation Berhad (0348) | $10.17 Million | 88.53% | 2.12x | $7.81 Million |
| Seremban Engineering Bhd (5163) | $25.52 Million | -141.72% | 3.68x | $1.36 Million |
| Uwc Bhd (5292) | $304.78 Million | 30.03% | 0.18x | $374.15 Million |
| APB Resources Bhd (5568) | $156.86 Million | -0.79% | 0.07x | $2.25 Million |