Arb Bhd
ARB Berhad, an investment holding company, designs and develops Cloud, Customer Relationship Management (CRM), and platform solutions in Malaysia. The company provides Cloud, a cloud-based system that encompasses the provision of hosted services over the internet; CRM, an integrated and data-driven software solutions design to manage, monitor, and store information; and Platform, a software and t… Read more
Arb Bhd (7181) - Net Assets
Latest net assets as of September 2025: RM202.49 Million MYR
Based on the latest financial reports, Arb Bhd (7181) has net assets worth RM202.49 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 (RM203.28 Million) and total liabilities (RM796.00K). 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 | RM202.49 Million |
| % of Total Assets | 99.61% |
| Annual Growth Rate | 12.64% |
| 5-Year Change | 13.54% |
| 10-Year Change | 461.27% |
| Growth Volatility | 108.41 |
Arb Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Arb 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 Arb Bhd (2012–2024)
The table below shows the annual net assets of Arb Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM208.64 Million | +2.57% |
| 2023-12-31 | RM203.41 Million | -51.03% |
| 2022-12-31 | RM415.41 Million | +10.12% |
| 2021-12-31 | RM377.23 Million | +105.28% |
| 2020-12-31 | RM183.76 Million | +67.34% |
| 2019-12-31 | RM109.82 Million | +368.74% |
| 2018-12-31 | RM23.43 Million | +30.66% |
| 2017-12-31 | RM17.93 Million | -16.91% |
| 2016-12-31 | RM21.58 Million | -41.95% |
| 2015-12-31 | RM37.17 Million | -2.18% |
| 2014-12-31 | RM38.00 Million | -20.83% |
| 2013-12-31 | RM48.00 Million | -4.00% |
| 2012-12-31 | RM50.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arb 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 3872000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM7.03 Million | 3.37% |
| Common Stock | RM201.61 Million | 96.63% |
| Total Equity | RM208.64 Million | 100.00% |
Arb Bhd Competitors by Market Cap
The table below lists competitors of Arb Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OB Holdings Berhad
KLSE:0327
|
$3.03 Million |
|
ENERGOAPARATURA ZY 02
F:68D
|
$3.03 Million |
|
Readyplanet PCL
BK:READY
|
$3.04 Million |
|
Hilton Metal Forging Limited
NSE:HILTON
|
$3.04 Million |
|
AGS Transact Technologies Limited
NSE:AGSTRA
|
$3.03 Million |
|
Mesiniaga Bhd
KLSE:5011
|
$3.03 Million |
|
Tree House Education & Accessories Limited
NSE:TREEHOUSE
|
$3.03 Million |
|
Adcore Inc
OTCQX:ADCOF
|
$3.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arb Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 203,415,000 to 208,637,000, a change of 5,222,000 (2.6%).
- Net income of 1,884,000 contributed positively to equity growth.
- Other factors increased equity by 3,338,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.88 Million | +0.9% |
| Other Changes | RM3.34 Million | +1.6% |
| Total Change | RM- | 2.57% |
Book Value vs Market Value Analysis
This analysis compares Arb 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: 0.15x
- 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 0.05x to 0.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.55 | RM0.03 | x |
| 2016-12-31 | RM0.32 | RM0.03 | x |
| 2017-12-31 | RM0.26 | RM0.03 | x |
| 2018-12-31 | RM0.31 | RM0.03 | x |
| 2019-12-31 | RM0.34 | RM0.03 | x |
| 2020-12-31 | RM0.36 | RM0.03 | x |
| 2021-12-31 | RM0.31 | RM0.03 | x |
| 2022-12-31 | RM0.34 | RM0.03 | x |
| 2023-12-31 | RM0.16 | RM0.03 | x |
| 2024-12-31 | RM0.17 | RM0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arb 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): 0.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.90%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.00x
- Recent ROE (0.90%) is above the historical average (-1.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -2.11% | -2.70% | 0.66x | 1.18x | RM-4.50 Million |
| 2016 | -72.26% | -44.51% | 1.30x | 1.25x | RM-17.75 Million |
| 2017 | -20.35% | -31.96% | 0.57x | 1.11x | RM-5.44 Million |
| 2018 | 18.06% | 27.74% | 0.62x | 1.06x | RM1.89 Million |
| 2019 | 30.24% | 32.35% | 0.81x | 1.16x | RM22.22 Million |
| 2020 | 23.65% | 19.80% | 0.86x | 1.39x | RM25.08 Million |
| 2021 | 24.20% | 15.37% | 1.43x | 1.10x | RM53.57 Million |
| 2022 | 4.66% | 5.37% | 0.70x | 1.23x | RM-22.19 Million |
| 2023 | -17.63% | -8.90% | 1.82x | 1.09x | RM-56.20 Million |
| 2024 | 0.90% | 1.90% | 0.47x | 1.00x | RM-18.98 Million |
Industry Comparison
This section compares Arb Bhd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $94,720,524
- Average return on equity (ROE) among peers: 0.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arb Bhd (7181) | RM202.49 Million | -2.11% | 0.00x | $3.03 Million |
| NetX Holdings Bhd (0020) | $126.46 Million | -12.36% | 0.27x | $4.06 Million |
| Metronic Global Bhd (0043) | $117.53 Million | -17.40% | 0.38x | $1.70 Million |
| NCT Alliance Bhd (0056) | $74.47 Million | 10.52% | 0.38x | $62.35 Million |
| Vortex Consolidated Bhd (0060) | $312.11 Million | 0.76% | 0.09x | $20.06 Million |
| Lyc Healthcare Bhd (0075) | $9.20 Million | -21.64% | 1.46x | $1.11 Million |
| Aldrich Resources Bhd (0079) | $22.35 Million | -5.12% | 0.36x | $2.20 Million |
| Rexit Bhd (0106) | $40.70 Million | 23.38% | 0.11x | $4.95 Million |
| Privasia Technology Bhd (0123) | $80.44 Million | 0.14% | 0.68x | $4.58 Million |
| Microlink Solutions Bhd (0126) | $119.48 Million | 26.58% | 0.72x | $15.73 Million |
| Diversified Gateway Solutions Bhd (0131) | $44.48 Million | 0.94% | 0.92x | $6.51 Million |