Adventa Bhd
Adventa Berhad, an investment holding company, engages in the supply of healthcare and related products and services to hospitals, healthcare centers, and pharmacies in Malaysia, Sri Lanka, and internationally. It operates through Healthcare Products and Warehousing Provider segments. The company distributes medical and healthcare equipment and appliances; and medical disposal products. It also p… Read more
Adventa Bhd (7191) - Net Assets
Latest net assets as of July 2025: RM93.81 Million MYR
Based on the latest financial reports, Adventa Bhd (7191) has net assets worth RM93.81 Million MYR as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM107.11 Million) and total liabilities (RM13.29 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 | RM93.81 Million |
| % of Total Assets | 87.59% |
| Annual Growth Rate | -7.16% |
| 5-Year Change | 77.44% |
| 10-Year Change | 20.95% |
| Growth Volatility | 28.02 |
Adventa Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Adventa 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 Adventa Bhd (2012–2024)
The table below shows the annual net assets of Adventa Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | RM97.97 Million | +6.60% |
| 2023-10-31 | RM91.90 Million | +45.91% |
| 2022-10-31 | RM62.98 Million | -7.75% |
| 2021-10-31 | RM68.28 Million | +23.67% |
| 2020-10-31 | RM55.21 Million | -17.54% |
| 2019-10-31 | RM66.95 Million | +21.31% |
| 2018-10-31 | RM55.19 Million | -32.07% |
| 2017-10-31 | RM81.25 Million | +0.17% |
| 2016-10-31 | RM81.11 Million | +0.13% |
| 2015-10-31 | RM81.00 Million | +3.85% |
| 2014-10-31 | RM78.00 Million | +6.85% |
| 2013-10-31 | RM73.00 Million | -69.46% |
| 2012-10-31 | RM239.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adventa 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 107.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM95.19 Million | 97.17% |
| Other Components | RM4.46 Million | 4.55% |
| Total Equity | RM97.97 Million | 100.00% |
Adventa Bhd Competitors by Market Cap
The table below lists competitors of Adventa Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mirage Energy Corp
PINK:MRGE
|
$4.06 Million |
|
CirChem AB
ST:CIRCHE
|
$4.06 Million |
|
Maral Overseas Limited
NSE:MARALOVER
|
$4.06 Million |
|
TOMO HOLDINGS LTD HD-01
F:5WZ
|
$4.06 Million |
|
Morefield Group N.V.
AS:MORE
|
$4.06 Million |
|
LTKM Bhd
KLSE:7085
|
$4.05 Million |
|
Mahaka Radio Integra Tbk PT
JK:MARI
|
$4.05 Million |
|
Believe SAS
PA:BLV
|
$4.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adventa Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 91,903,000 to 97,967,320, a change of 6,064,320 (6.6%).
- Net income of 2,190,150 contributed positively to equity growth.
- Dividend payments of 250,200 reduced retained earnings.
- Share repurchases of 7,264,710 reduced equity.
- New share issuances of 7,264,706 increased equity.
- Other factors increased equity by 4,124,374.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.19 Million | +2.24% |
| Dividends Paid | RM250.20K | -0.26% |
| Share Repurchases | RM7.26 Million | -7.42% |
| Share Issuances | RM7.26 Million | +7.42% |
| Other Changes | RM4.12 Million | +4.21% |
| Total Change | RM- | 6.60% |
Book Value vs Market Value Analysis
This analysis compares Adventa 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: 0.41x
- 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 0.24x to 0.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-10-31 | RM0.53 | RM0.13 | x |
| 2017-10-31 | RM0.53 | RM0.13 | x |
| 2018-10-31 | RM0.36 | RM0.13 | x |
| 2019-10-31 | RM0.44 | RM0.13 | x |
| 2020-10-31 | RM0.31 | RM0.13 | x |
| 2021-10-31 | RM0.38 | RM0.13 | x |
| 2022-10-31 | RM0.35 | RM0.13 | x |
| 2023-10-31 | RM0.30 | RM0.13 | x |
| 2024-10-31 | RM0.32 | RM0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adventa 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): 2.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.76%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.15x
- Recent ROE (2.24%) is above the historical average (-3.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.84% | 1.71% | 0.30x | 1.67x | RM-7.43 Million |
| 2017 | 0.17% | 0.32% | 0.35x | 1.57x | RM-7.98 Million |
| 2018 | -46.08% | -42.37% | 0.58x | 1.87x | RM-30.95 Million |
| 2019 | 33.51% | 74.23% | 0.30x | 1.52x | RM15.74 Million |
| 2020 | -21.33% | -21.03% | 0.69x | 1.47x | RM-17.30 Million |
| 2021 | 19.22% | 13.45% | 0.99x | 1.45x | RM6.30 Million |
| 2022 | -8.16% | -8.71% | 0.82x | 1.14x | RM-11.44 Million |
| 2023 | -9.88% | -24.33% | 0.36x | 1.14x | RM-18.27 Million |
| 2024 | 2.24% | 3.76% | 0.52x | 1.15x | RM-7.61 Million |
Industry Comparison
This section compares Adventa Bhd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $756,112,490
- Average return on equity (ROE) among peers: -11.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adventa Bhd (7191) | RM93.81 Million | 0.84% | 0.14x | $4.06 Million |
| Inix Technologies Holdings Bhd (0094) | $22.93 Million | -66.86% | -0.31x | $2.45 Million |
| Focus Point Holdings Bhd (0157) | $135.02 Million | 24.58% | 1.14x | $23.10 Million |
| Careplus Group Bhd (0163) | $138.56 Million | -1.03% | 1.15x | $8.38 Million |
| LKL International Bhd (0182) | $150.95 Million | 0.75% | 0.11x | $1.38 Million |
| GETS Global Bhd (5079) | $44.76 Million | -28.13% | 1.26x | $2.04 Million |
| Supermax Corporation Bhd (7106) | $4.69 Billion | -3.00% | 0.12x | $104.83 Million |
| Iconic Worldwide Bhd (9113) | $109.00 Million | -4.59% | 0.15x | $7.58 Million |