Progressive Impact Corporation Bhd
Progressive Impact Corporation Berhad, an investment holding company, provides environmental consulting, monitoring equipment and systems integration, environmental data management and laboratory testing services, and wastewater treatment solutions. The company offers environmental monitoring services, such as air quality management, continuous particulate monitoring, continuous and predictive em… Read more
Progressive Impact Corporation Bhd (7201) - Net Assets
Latest net assets as of September 2025: RM43.30 Million MYR
Based on the latest financial reports, Progressive Impact Corporation Bhd (7201) has net assets worth RM43.30 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 (RM185.70 Million) and total liabilities (RM142.39 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 | RM43.30 Million |
| % of Total Assets | 23.32% |
| Annual Growth Rate | -7.94% |
| 5-Year Change | -39.56% |
| 10-Year Change | -64.16% |
| Growth Volatility | 9.58 |
Progressive Impact Corporation Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Progressive Impact Corporation 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 Progressive Impact Corporation Bhd (2012–2024)
The table below shows the annual net assets of Progressive Impact Corporation Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM44.44 Million | -6.88% |
| 2023-12-31 | RM47.73 Million | -8.62% |
| 2022-12-31 | RM52.23 Million | -20.00% |
| 2021-12-31 | RM65.29 Million | -11.21% |
| 2020-12-31 | RM73.53 Million | -8.34% |
| 2019-12-31 | RM80.23 Million | -0.20% |
| 2018-12-31 | RM80.39 Million | -4.96% |
| 2017-12-31 | RM84.58 Million | -4.15% |
| 2016-12-31 | RM88.24 Million | -28.84% |
| 2015-12-31 | RM124.00 Million | -8.15% |
| 2014-12-31 | RM135.00 Million | +2.27% |
| 2013-12-31 | RM132.00 Million | +10.00% |
| 2012-12-31 | RM120.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Progressive Impact Corporation 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 194.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM65.97 Million | 148.44% |
| Total Equity | RM44.44 Million | 100.00% |
Progressive Impact Corporation Bhd Competitors by Market Cap
The table below lists competitors of Progressive Impact Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BRDRIDG FNCL SOL
BE:5B9
|
$1.79 Million |
|
AGNICO EAGLE MINES - Dusseldorf Stock Exchang
DU:AE9
|
$1.79 Million |
|
Tellusgruppen AB
ST:TELLUS
|
$1.80 Million |
|
SPM Corp
VN:SPM
|
$1.80 Million |
|
Im Cannabis Corp
NASDAQ:IMCC
|
$1.79 Million |
|
HAVILA KYSTRUTEN AS NK 1
F:6FZ
|
$1.79 Million |
|
Archon Minerals Ltd
V:ACS
|
$1.79 Million |
|
AEROVIRONMENT (JPX.SG)
STU:JPX
|
$1.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Progressive Impact Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 47,726,010 to 44,443,180, a change of -3,282,830 (-6.9%).
- Net loss of 4,022,260 reduced equity.
- Other factors increased equity by 739,430.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-4.02 Million | -9.05% |
| Other Changes | RM739.43K | +1.66% |
| Total Change | RM- | -6.88% |
Book Value vs Market Value Analysis
This analysis compares Progressive Impact Corporation 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: 0.52x
- 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 0.26x to 0.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.13 | RM0.04 | x |
| 2017-12-31 | RM0.13 | RM0.04 | x |
| 2018-12-31 | RM0.12 | RM0.04 | x |
| 2019-12-31 | RM0.12 | RM0.04 | x |
| 2020-12-31 | RM0.11 | RM0.04 | x |
| 2021-12-31 | RM0.10 | RM0.04 | x |
| 2022-12-31 | RM0.08 | RM0.04 | x |
| 2023-12-31 | RM0.07 | RM0.04 | x |
| 2024-12-31 | RM0.07 | RM0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Progressive Impact Corporation 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): -9.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.94%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 4.06x
- Recent ROE (-9.05%) is below the historical average (-5.85%), 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 | -8.39% | -8.47% | 0.53x | 1.88x | RM-16.23 Million |
| 2017 | 1.19% | 1.20% | 0.54x | 1.83x | RM-7.45 Million |
| 2018 | 0.56% | 0.51% | 0.56x | 1.95x | RM-7.59 Million |
| 2019 | 2.41% | 1.94% | 0.61x | 2.04x | RM-6.09 Million |
| 2020 | -3.83% | -3.20% | 0.49x | 2.42x | RM-10.17 Million |
| 2021 | -9.39% | -6.66% | 0.50x | 2.81x | RM-12.66 Million |
| 2022 | -18.64% | -10.78% | 0.51x | 3.36x | RM-14.96 Million |
| 2023 | -7.51% | -3.89% | 0.50x | 3.87x | RM-8.35 Million |
| 2024 | -9.05% | -3.94% | 0.57x | 4.06x | RM-8.47 Million |
Industry Comparison
This section compares Progressive Impact Corporation Bhd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $271,165,058
- Average return on equity (ROE) among peers: 8.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Progressive Impact Corporation Bhd (7201) | RM43.30 Million | -8.39% | 3.29x | $1.79 Million |
| JAG Bhd (0024) | $220.36 Million | 8.69% | 0.23x | $14.04 Million |
| Tex Cycle Technology M Bhd (0089) | $138.51 Million | 11.18% | 0.29x | $25.59 Million |
| Taliworks Corporation Bhd (8524) | $314.33 Million | 11.34% | 0.12x | $61.16 Million |
| Salcon Engineering Berhad (8567) | $411.45 Million | 3.92% | 0.61x | $26.05 Million |