DPS Resources Bhd (7198) - Net Assets

Latest as of September 2025: RM255.03 Million MYR ≈ $64.03 Million USD

Based on the latest financial reports, DPS Resources Bhd (7198) has net assets worth RM255.03 Million MYR (≈ $64.03 Million USD) 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 ≈ $85.51 Million USD) and total liabilities (RM85.56 Million ≈ $21.48 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 DPS Resources Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore DPS Resources Bhd (7198) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see DPS Resources Bhd market cap and net worth.

Year	Net Assets	Change
2025-03-31	RM252.36 Million ≈ $63.36 Million	+12.69%
2024-03-31	RM223.94 Million ≈ $56.22 Million	+39.62%
2023-03-31	RM160.39 Million ≈ $40.27 Million	+1.96%
2022-03-31	RM157.30 Million ≈ $39.49 Million	+3.38%
2021-03-31	RM152.15 Million ≈ $38.20 Million	+20.10%
2020-03-31	RM126.68 Million ≈ $31.81 Million	+9.08%
2019-03-31	RM116.14 Million ≈ $29.16 Million	+5.20%
2018-03-31	RM110.40 Million ≈ $27.72 Million	-4.40%
2017-03-31	RM115.48 Million ≈ $28.99 Million	+0.03%
2016-03-31	RM115.45 Million ≈ $28.98 Million	+0.39%
2015-03-31	RM115.00 Million ≈ $28.87 Million	+40.24%
2014-03-31	RM82.00 Million ≈ $20.59 Million	+6.49%
2013-03-31	RM77.00 Million ≈ $19.33 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
XTPL SA WAR:XTP	$40.04 Million
Kishin Corporation KO:092440	$40.07 Million
Enapter AG F:H2O	$40.09 Million
Fodelia HE:FODELIA	$40.09 Million
Mtag Group Berhad KLSE:0213	$40.01 Million
Swiss Steel Holding AG SW:STLN	$40.01 Million
Kriti Industries (India) Limited NSE:KRITI	$40.00 Million
BrilliA Inc NYSE MKT:BRIA	$40.00 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: 0.63x
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 3.05x to 0.63x 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	RM0.60	x
2018-03-31	RM0.19	RM0.60	x
2019-03-31	RM0.20	RM0.60	x
2020-03-31	RM0.22	RM0.60	x
2021-03-31	RM1.07	RM0.60	x
2022-03-31	RM1.10	RM0.60	x
2023-03-31	RM1.12	RM0.60	x
2024-03-31	RM1.06	RM0.60	x
2025-03-31	RM0.95	RM0.60	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: $1,953,998,935
Average return on equity (ROE) among peers: -4.30%

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	$40.03 Million
Digistar Corporation Bhd (0029)	$55.11 Million	-5.17%	5.64x	$6.30 Million
Key Alliance Group Bhd (0036)	$112.06 Million	-18.37%	0.33x	$2.31 Million
MSCM Holdings Bhd (0041)	$300.56 Million	4.29%	0.18x	$14.11 Million
Asdion Bhd (0068)	$8.16 Million	-27.34%	1.22x	$1.92 Million
EA Holdings Bhd (0154)	$121.62 Million	-44.30%	0.11x	$8.10 Million
Sports Toto Berhad (1562)	$875.11 Million	20.71%	2.28x	$430.06 Million
Batu Kawan Bhd (1899)	$5.66 Billion	6.42%	2.85x	$2.00 Billion
Kuala Lumpur Kepong Bhd (2445)	$7.95 Billion	11.54%	0.48x	$5.65 Billion
Hap Seng Consolidated Bhd (3034)	$2.58 Billion	12.18%	1.15x	$1.79 Billion
Berjaya Assets Bhd (3239)	$1.87 Billion	-2.93%	0.66x	$205.54 Million

About DPS Resources Bhd

KLSE:7198 Malaysia Conglomerates

Market Cap

$40.03 Million

RM159.44 Million MYR

Market Cap Rank

#22805 Global

#530 in Malaysia

Share Price

RM0.60

Change (1 day)

-1.64%

52-Week Range

RM0.37 - RM0.62

All Time High

RM0.79