D O Green Technologies Bhd
D & O Green Technologies Berhad, through its subsidiary Dominant Opto Technologies Sdn Bhd, manufactures and sells automotive surface mount technology light emitting diodes in Asia, Europe, North Americas, and internationally. The company offers low to high-intensity LEDs with a range of color spectrum for interior applications, such as instrument cluster, infotainment system, climate control, sw… Read more
D O Green Technologies Bhd (7204) - Net Assets
Latest net assets as of September 2025: RM787.37 Million MYR
Based on the latest financial reports, D O Green Technologies Bhd (7204) has net assets worth RM787.37 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 (RM1.60 Billion) and total liabilities (RM811.73 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 | RM787.37 Million |
| % of Total Assets | 49.24% |
| Annual Growth Rate | 11.15% |
| 5-Year Change | 115.8% |
| 10-Year Change | 262.77% |
| Growth Volatility | 23.16 |
D O Green Technologies Bhd - Net Assets Trend (2006–2024)
This chart illustrates how D O Green Technologies 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 D O Green Technologies Bhd (2006–2024)
The table below shows the annual net assets of D O Green Technologies Bhd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM971.65 Million | +2.91% |
| 2023-12-31 | RM944.17 Million | +7.56% |
| 2022-12-31 | RM877.78 Million | +7.84% |
| 2021-12-31 | RM813.98 Million | +80.78% |
| 2020-12-31 | RM450.25 Million | +16.31% |
| 2019-12-31 | RM387.12 Million | +9.88% |
| 2018-12-31 | RM352.33 Million | +11.06% |
| 2017-12-31 | RM317.23 Million | +10.01% |
| 2016-12-31 | RM288.38 Million | +7.67% |
| 2015-12-31 | RM267.84 Million | +51.33% |
| 2014-12-31 | RM177.00 Million | +7.31% |
| 2013-12-31 | RM164.94 Million | -6.66% |
| 2012-12-31 | RM176.71 Million | +0.07% |
| 2011-12-31 | RM176.60 Million | +7.16% |
| 2010-12-31 | RM164.80 Million | -35.29% |
| 2009-12-31 | RM254.67 Million | +13.45% |
| 2008-12-31 | RM224.48 Million | +33.19% |
| 2007-12-31 | RM168.54 Million | +16.27% |
| 2006-12-31 | RM144.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to D O Green Technologies 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 212.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM133.87 Million | 14.70% |
| Common Stock | RM474.21 Million | 52.09% |
| Other Comprehensive Income | RM73.62 Million | 8.09% |
| Other Components | RM228.67 Million | 25.12% |
| Total Equity | RM910.37 Million | 100.00% |
D O Green Technologies Bhd Competitors by Market Cap
The table below lists competitors of D O Green Technologies Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lea Bank ASA
OL:LEA
|
$47.28 Million |
|
Jindal Drilling And Industries Limited
NSE:JINDRILL
|
$47.28 Million |
|
Cannabix Technologies Inc
PINK:BLOZF
|
$47.28 Million |
|
Mawson Finland LImited
V:MFL
|
$47.29 Million |
|
Drilling Tools International Corp.
NASDAQ:DTI
|
$47.28 Million |
|
PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED
BK:PCE
|
$47.27 Million |
|
Euro Yatirim Holding AS
IS:EUHOL
|
$47.26 Million |
|
URBAN ONE INC. D N-VTG
F:UA1N
|
$47.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in D O Green Technologies Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 885,637,000 to 910,366,000, a change of 24,729,000 (2.8%).
- Net income of 39,501,000 contributed positively to equity growth.
- Dividend payments of 9,696,000 reduced retained earnings.
- Share repurchases of 4,139,000 reduced equity.
- New share issuances of 4,139,000 increased equity.
- Other comprehensive income decreased equity by 9,734,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM39.50 Million | +4.34% |
| Dividends Paid | RM9.70 Million | -1.07% |
| Share Repurchases | RM4.14 Million | -0.45% |
| Share Issuances | RM4.14 Million | +0.45% |
| Other Comprehensive Income | RM-9.73 Million | -1.07% |
| Other Changes | RM4.66 Million | +0.51% |
| Total Change | RM- | 2.79% |
Book Value vs Market Value Analysis
This analysis compares D O Green Technologies 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: 0.93x
- 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 2.65x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | RM0.20 | RM0.53 | x |
| 2007-12-31 | RM0.23 | RM0.53 | x |
| 2008-12-31 | RM0.24 | RM0.53 | x |
| 2009-12-31 | RM0.26 | RM0.53 | x |
| 2010-12-31 | RM0.14 | RM0.53 | x |
| 2011-12-31 | RM0.14 | RM0.53 | x |
| 2012-12-31 | RM0.13 | RM0.53 | x |
| 2013-12-31 | RM0.12 | RM0.53 | x |
| 2014-12-31 | RM0.13 | RM0.53 | x |
| 2015-12-31 | RM0.19 | RM0.53 | x |
| 2016-12-31 | RM0.19 | RM0.53 | x |
| 2017-12-31 | RM0.21 | RM0.53 | x |
| 2018-12-31 | RM0.23 | RM0.53 | x |
| 2019-12-31 | RM0.24 | RM0.53 | x |
| 2020-12-31 | RM0.27 | RM0.53 | x |
| 2021-12-31 | RM0.49 | RM0.53 | x |
| 2022-12-31 | RM0.51 | RM0.53 | x |
| 2023-12-31 | RM0.55 | RM0.53 | x |
| 2024-12-31 | RM0.56 | RM0.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently D O Green Technologies 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): 4.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.68%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.00x
- Recent ROE (4.34%) is above the historical average (4.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 9.77% | 11.89% | 0.60x | 1.37x | RM-337.90K |
| 2007 | 15.29% | 21.14% | 0.58x | 1.24x | RM8.91 Million |
| 2008 | 7.77% | 12.78% | 0.35x | 1.73x | RM-3.97 Million |
| 2009 | 7.31% | 6.64% | 0.52x | 2.13x | RM-5.10 Million |
| 2010 | -42.44% | -31.22% | 0.60x | 2.26x | RM-70.40 Million |
| 2011 | -2.44% | -1.90% | 0.54x | 2.37x | RM-16.56 Million |
| 2012 | -4.44% | -3.03% | 0.62x | 2.36x | RM-18.92 Million |
| 2013 | 0.32% | 0.12% | 0.94x | 2.93x | RM-11.96 Million |
| 2014 | 0.55% | 0.17% | 1.16x | 2.70x | RM-12.67 Million |
| 2015 | 5.52% | 2.36% | 0.97x | 2.41x | RM-8.30 Million |
| 2016 | 5.71% | 2.62% | 0.92x | 2.37x | RM-8.46 Million |
| 2017 | 10.24% | 4.83% | 0.95x | 2.23x | RM524.00K |
| 2018 | 11.13% | 7.33% | 0.88x | 1.73x | RM3.65 Million |
| 2019 | 9.81% | 6.91% | 0.79x | 1.79x | RM-692.00K |
| 2020 | 11.98% | 8.62% | 0.75x | 1.86x | RM8.20 Million |
| 2021 | 14.42% | 13.06% | 0.66x | 1.68x | RM33.86 Million |
| 2022 | 9.13% | 7.64% | 0.61x | 1.94x | RM-7.15 Million |
| 2023 | 4.98% | 4.34% | 0.57x | 2.01x | RM-44.42 Million |
| 2024 | 4.34% | 3.68% | 0.59x | 2.00x | RM-51.54 Million |
Industry Comparison
This section compares D O Green Technologies Bhd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $327,338,733
- Average return on equity (ROE) among peers: 13.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| D O Green Technologies Bhd (7204) | RM787.37 Million | 9.77% | 1.03x | $47.28 Million |
| Elsoft Research Bhd (0090) | $138.93 Million | 30.93% | 0.09x | $11.77 Million |
| ViTrox Corporation Bhd (0097) | $1.13 Billion | 11.75% | 0.36x | $604.35 Million |
| MMS Ventures Bhd (0113) | $61.33 Million | 12.36% | 0.13x | $4.05 Million |
| VisDynamics Holdings Bhd (0120) | $44.26 Million | 11.45% | 0.22x | $4.90 Million |
| JF Technology BHD (0146) | $134.18 Million | 2.65% | 0.13x | $32.65 Million |
| Inari Amertron Bhd (0166) | $1.38 Billion | 23.99% | 0.32x | $917.68 Million |
| Aemulus Holdings Bhd (0181) | $112.61 Million | 9.28% | 0.41x | $16.03 Million |
| TT Vision Holdings Berhad (0272) | $52.98 Million | 15.74% | 0.53x | $3.97 Million |
| Turiya Bhd (4359) | $122.62 Million | -2.15% | 0.44x | $2.05 Million |
| FoundPac Group Bhd (5277) | $96.01 Million | 16.73% | 0.12x | $15.24 Million |