DPS Resources Bhd
DPS Resources Berhad, an investment holding company, engages in manufacturing and sale of rubber wood furniture and roof trusses. It operates through seven segments: Investment Holding, Manufacturing, Trading, Property Development Services, Construction Services, Rental Income, and Real Estate. The company offers provision of saw milling, kiln-drying, wood treatment services, and green energy and… Read more
DPS Resources Bhd (7198) - Net Assets
Latest net assets as of September 2025: RM255.03 Million MYR
Based on the latest financial reports, DPS Resources Bhd (7198) has net assets worth RM255.03 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 (RM340.60 Million) and total liabilities (RM85.56 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 | RM255.03 Million |
| % of Total Assets | 74.88% |
| Annual Growth Rate | 10.4% |
| 5-Year Change | 65.86% |
| 10-Year Change | 118.59% |
| Growth Volatility | 14.22 |
DPS Resources Bhd - Net Assets Trend (2013–2025)
This chart illustrates how DPS Resources 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 DPS Resources Bhd (2013–2025)
The table below shows the annual net assets of DPS Resources Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM252.36 Million | +12.69% |
| 2024-03-31 | RM223.94 Million | +39.62% |
| 2023-03-31 | RM160.39 Million | +1.96% |
| 2022-03-31 | RM157.30 Million | +3.38% |
| 2021-03-31 | RM152.15 Million | +20.10% |
| 2020-03-31 | RM126.68 Million | +9.08% |
| 2019-03-31 | RM116.14 Million | +5.20% |
| 2018-03-31 | RM110.40 Million | -4.40% |
| 2017-03-31 | RM115.48 Million | +0.03% |
| 2016-03-31 | RM115.45 Million | +0.39% |
| 2015-03-31 | RM115.00 Million | +40.24% |
| 2014-03-31 | RM82.00 Million | +6.49% |
| 2013-03-31 | RM77.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DPS Resources 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 97.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM112.06 Million | 44.41% |
| Common Stock | RM140.29 Million | 55.59% |
| Total Equity | RM252.36 Million | 100.00% |
DPS Resources Bhd Competitors by Market Cap
The table below lists competitors of DPS Resources Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CTRL Group Limited Ordinary Shares
NASDAQ:MCTR
|
$4.29 Million |
|
Saehwa IMC Co Ltd
KO:145210
|
$4.29 Million |
|
Signature Resources Ltd
OTCQB:SGGTF
|
$4.29 Million |
|
Sub Sri Thai Public Company Limited
BK:SST
|
$4.30 Million |
|
Dexon Technology PCL
BK:DEXON
|
$4.29 Million |
|
PT Informasi Teknologi Indones
JK:JATI
|
$4.29 Million |
|
Pacific Empire Minerals Corp
PINK:PEMSF
|
$4.29 Million |
|
Pool Advista Finance Tbk PT
JK:POLA
|
$4.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DPS Resources Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 223,855,496 to 252,357,040, a change of 28,501,544 (12.7%).
- Net income of 339,410 contributed positively to equity growth.
- Share repurchases of 28,162,130 reduced equity.
- New share issuances of 28,162,132 increased equity.
- Other factors increased equity by 28,162,132.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM339.41K | +0.13% |
| Share Repurchases | RM28.16 Million | -11.16% |
| Share Issuances | RM28.16 Million | +11.16% |
| Other Changes | RM28.16 Million | +11.16% |
| Total Change | RM- | 12.73% |
Book Value vs Market Value Analysis
This analysis compares DPS Resources 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: 0.48x
- 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 2.34x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.20 | RM0.46 | x |
| 2018-03-31 | RM0.19 | RM0.46 | x |
| 2019-03-31 | RM0.20 | RM0.46 | x |
| 2020-03-31 | RM0.22 | RM0.46 | x |
| 2021-03-31 | RM1.07 | RM0.46 | x |
| 2022-03-31 | RM1.10 | RM0.46 | x |
| 2023-03-31 | RM1.12 | RM0.46 | x |
| 2024-03-31 | RM1.06 | RM0.46 | x |
| 2025-03-31 | RM0.95 | RM0.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DPS Resources 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): 0.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.60%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.32x
- Recent ROE (0.13%) is below the historical average (1.80%), 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 | 0.28% | 0.76% | 0.33x | 1.10x | RM-11.23 Million |
| 2017 | 0.03% | 0.08% | 0.33x | 1.08x | RM-11.51 Million |
| 2018 | -4.61% | -14.65% | 0.28x | 1.13x | RM-16.12 Million |
| 2019 | -1.83% | -7.01% | 0.22x | 1.20x | RM-13.73 Million |
| 2020 | 8.32% | 23.31% | 0.30x | 1.18x | RM-2.12 Million |
| 2021 | 7.62% | 14.73% | 0.41x | 1.25x | RM-3.62 Million |
| 2022 | 3.27% | 5.84% | 0.43x | 1.30x | RM-10.58 Million |
| 2023 | 1.93% | 5.67% | 0.24x | 1.40x | RM-12.95 Million |
| 2024 | 2.84% | 10.28% | 0.23x | 1.21x | RM-16.02 Million |
| 2025 | 0.13% | 0.60% | 0.17x | 1.32x | RM-24.90 Million |
Industry Comparison
This section compares DPS Resources Bhd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $2,612,093,375
- Average return on equity (ROE) among peers: -4.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DPS Resources Bhd (7198) | RM255.03 Million | 0.28% | 0.34x | $4.29 Million |
| Digistar Corporation Bhd (0029) | $64.23 Million | 20.26% | 5.59x | $1.85 Million |
| Key Alliance Group Bhd (0036) | $41.31 Million | -10.37% | 0.81x | $1.39 Million |
| MSCM Holdings Bhd (0041) | $30.95 Million | 18.15% | 0.52x | $1.48 Million |
| Asdion Bhd (0068) | $11.85 Million | -65.79% | 0.48x | $1.33 Million |
| EA Holdings Bhd (0154) | $121.62 Million | -44.30% | 0.11x | $3.07 Million |
| Sports Toto Berhad (1562) | $1.25 Billion | 18.98% | 2.20x | $173.30 Million |
| Batu Kawan Bhd (1899) | $8.87 Billion | 5.88% | 0.60x | $248.59 Million |
| Hap Seng Consolidated Bhd (3034) | $6.42 Billion | 17.20% | 0.90x | $288.24 Million |
| Berjaya Assets Bhd (3239) | $2.01 Billion | -6.15% | 0.63x | $25.63 Million |
| IJM Corporation Bhd (3336) | $7.30 Billion | 5.77% | 1.07x | $1.78 Billion |