YSP Southeast Asia Holding Bhd (7178) - Net Assets
Based on the latest financial reports, YSP Southeast Asia Holding Bhd (7178) has net assets worth RM417.87 Million MYR (≈ $104.91 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 (RM541.06 Million ≈ $135.84 Million USD) and total liabilities (RM123.18 Million ≈ $30.93 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 YSP Southeast Asia Holding Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM417.87 Million |
| % of Total Assets | 77.23% |
| Annual Growth Rate | 5.1% |
| 5-Year Change | 22.86% |
| 10-Year Change | 55.13% |
| Growth Volatility | 2.42 |
YSP Southeast Asia Holding Bhd - Net Assets Trend (2012–2025)
This chart illustrates how YSP Southeast Asia Holding Bhd's net assets have evolved over time, based on quarterly financial data. Also explore YSP Southeast Asia Holding Bhd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for YSP Southeast Asia Holding Bhd (2012–2025)
The table below shows the annual net assets of YSP Southeast Asia Holding Bhd from 2012 to 2025. For live valuation and market cap data, see 7178 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM425.70 Million ≈ $106.88 Million |
+4.08% |
| 2024-12-31 | RM409.02 Million ≈ $102.69 Million |
+3.53% |
| 2023-12-31 | RM395.06 Million ≈ $99.19 Million |
+6.15% |
| 2022-12-31 | RM372.16 Million ≈ $93.44 Million |
+7.40% |
| 2021-12-31 | RM346.50 Million ≈ $87.00 Million |
+1.14% |
| 2020-12-31 | RM342.60 Million ≈ $86.01 Million |
+4.39% |
| 2019-12-31 | RM328.19 Million ≈ $82.40 Million |
+4.17% |
| 2018-12-31 | RM315.05 Million ≈ $79.10 Million |
+8.82% |
| 2017-12-31 | RM289.51 Million ≈ $72.69 Million |
+5.51% |
| 2016-12-31 | RM274.41 Million ≈ $68.89 Million |
+3.94% |
| 2015-12-31 | RM264.00 Million ≈ $66.28 Million |
+10.46% |
| 2014-12-31 | RM239.00 Million ≈ $60.01 Million |
+3.91% |
| 2013-12-31 | RM230.00 Million ≈ $57.75 Million |
+3.14% |
| 2012-12-31 | RM223.00 Million ≈ $55.99 Million |
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Equity Component Analysis
This analysis shows how different components contribute to YSP Southeast Asia Holding 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 82.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM252.70 Million | 60.47% |
| Other Components | RM165.17 Million | 39.53% |
| Total Equity | RM417.87 Million | 100.00% |
YSP Southeast Asia Holding Bhd Competitors by Market Cap
The table below lists competitors of YSP Southeast Asia Holding Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mukka Proteins Limited
NSE:MUKKA
|
$74.46 Million |
|
Shanghai Shibei Hi-Tech Co Ltd B
SHG:900902
|
$74.54 Million |
|
Wellell Inc
TW:4106
|
$74.55 Million |
|
Exagen Inc
NASDAQ:XGN
|
$74.56 Million |
|
MFC Asset Management Public Company Limited
BK:MFC
|
$74.39 Million |
|
Fintech Ecosystem Development Corp
NASDAQ:FEXD
|
$74.36 Million |
|
Aker Technology Co Ltd
TWO:6174
|
$74.35 Million |
|
C3 Metals Inc
V:CCCM
|
$74.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YSP Southeast Asia Holding Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 409,021,000 to 417,872,000, a change of 8,851,000 (2.2%).
- Net income of 25,032,000 contributed positively to equity growth.
- Dividend payments of 21,277,000 reduced retained earnings.
- Other factors increased equity by 5,096,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM25.03 Million | +5.99% |
| Dividends Paid | RM21.28 Million | -5.09% |
| Other Changes | RM5.10 Million | +1.22% |
| Total Change | RM- | 2.16% |
Book Value vs Market Value Analysis
This analysis compares YSP Southeast Asia Holding 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: 0.71x
- 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 1.03x to 0.71x 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 | RM2.04 | RM2.09 | x |
| 2017-12-31 | RM2.12 | RM2.09 | x |
| 2018-12-31 | RM2.28 | RM2.09 | x |
| 2019-12-31 | RM2.37 | RM2.09 | x |
| 2020-12-31 | RM2.26 | RM2.09 | x |
| 2021-12-31 | RM2.46 | RM2.09 | x |
| 2022-12-31 | RM2.64 | RM2.09 | x |
| 2023-12-31 | RM2.79 | RM2.09 | x |
| 2024-12-31 | RM2.88 | RM2.09 | x |
| 2025-12-31 | RM2.95 | RM2.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YSP Southeast Asia Holding 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): 5.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.86%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.29x
- Recent ROE (5.99%) is below the historical average (7.58%), 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 | 10.06% | 11.64% | 0.70x | 1.24x | RM153.30K |
| 2017 | 7.04% | 7.79% | 0.71x | 1.28x | RM-8.57 Million |
| 2018 | 9.63% | 10.51% | 0.70x | 1.31x | RM-1.16 Million |
| 2019 | 7.01% | 7.78% | 0.68x | 1.32x | RM-9.81 Million |
| 2020 | 6.41% | 7.40% | 0.66x | 1.31x | RM-12.28 Million |
| 2021 | 4.38% | 5.39% | 0.63x | 1.29x | RM-19.47 Million |
| 2022 | 9.26% | 10.31% | 0.71x | 1.27x | RM-2.75 Million |
| 2023 | 9.45% | 10.51% | 0.68x | 1.32x | RM-2.19 Million |
| 2024 | 6.52% | 7.24% | 0.70x | 1.29x | RM-14.21 Million |
| 2025 | 5.99% | 6.86% | 0.67x | 1.29x | RM-16.76 Million |
Industry Comparison
This section compares YSP Southeast Asia Holding Bhd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $210,175,848
- Average return on equity (ROE) among peers: 5.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| YSP Southeast Asia Holding Bhd (7178) | RM417.87 Million | 10.06% | 0.29x | $74.43 Million |
| Kotra Industries Bhd (0002) | $121.74 Million | 0.87% | 1.09x | $140.38 Million |
| PeterLabs Holdings Bhd (0171) | $76.94 Million | 2.97% | 0.44x | $16.58 Million |
| Rhone Ma Holdings Bhd (5278) | $160.98 Million | 7.50% | 0.43x | $37.35 Million |
| Duopharma Biotech Bhd (7148) | $481.04 Million | 9.90% | 0.74x | $306.72 Million |
About YSP Southeast Asia Holding Bhd
Y.S.P. Southeast Asia Holding Berhad, together with its subsidiaries, engages in the manufacturing and trading of generic drugs in Malaysia, Singapore, Vietnam, Philippines, Cambodia, Myanmar, Brunei, Indonesia, Thailand, Africa, and internationally. It operates through three segments: Manufacturing, Trading, and Investment Holding. The company manufactures, sells, imports, exports, trades in, an… Read more