Success Transformer Corporation Bhd
Success Transformer Corporation Berhad, an investment holding company, engages in the design, manufacture, marketing, and distribution of electrical apparatus and industrial lighting products in Malaysia, the People's Republic of China, and internationally. The company offers power transformers and electrical apparatus such as detuned harmonic circuit filter reactors, automatic voltage stabilizer… Read more
Success Transformer Corporation Bhd (7207) - Net Assets
Latest net assets as of September 2025: RM385.58 Million MYR
Based on the latest financial reports, Success Transformer Corporation Bhd (7207) has net assets worth RM385.58 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 (RM458.38 Million) and total liabilities (RM72.80 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 | RM385.58 Million |
| % of Total Assets | 84.12% |
| Annual Growth Rate | 4.55% |
| 5-Year Change | 14.53% |
| 10-Year Change | 44.01% |
| Growth Volatility | 6.58 |
Success Transformer Corporation Bhd - Net Assets Trend (2013–2025)
This chart illustrates how Success Transformer 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 Success Transformer Corporation Bhd (2013–2025)
The table below shows the annual net assets of Success Transformer Corporation Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM382.07 Million | +0.14% |
| 2024-06-30 | RM381.55 Million | +5.28% |
| 2023-06-30 | RM362.42 Million | +3.90% |
| 2022-06-30 | RM348.81 Million | +4.56% |
| 2021-06-30 | RM333.60 Million | +6.03% |
| 2020-06-30 | RM314.63 Million | -1.92% |
| 2019-06-30 | RM320.78 Million | +3.34% |
| 2018-06-30 | RM310.40 Million | +0.88% |
| 2017-06-30 | RM307.68 Million | +15.97% |
| 2016-06-30 | RM265.30 Million | -10.67% |
| 2015-12-31 | RM297.00 Million | +6.83% |
| 2015-06-30 | RM278.00 Million | +8.17% |
| 2014-06-30 | RM257.00 Million | +14.73% |
| 2013-06-30 | RM224.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Success Transformer 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 grown by 79.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM319.22 Million | 83.55% |
| Common Stock | RM74.55 Million | 19.51% |
| Total Equity | RM382.07 Million | 100.00% |
Success Transformer Corporation Bhd Competitors by Market Cap
The table below lists competitors of Success Transformer Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Olympique Lyonnais Groupe SA
PINK:OQLGF
|
$11.60 Million |
|
BrilliA Inc
NYSE MKT:BRIA
|
$11.61 Million |
|
Roth CH Acquisition V Co
NASDAQ:ROCL
|
$11.61 Million |
|
431190
KQ:431190
|
$11.61 Million |
|
Bank Bumi Arta Tbk
JK:BNBA
|
$11.59 Million |
|
Graines Voltz S.A
PA:GRVO
|
$11.58 Million |
|
King Global Ventures Inc
OTCQB:KGLDF
|
$11.58 Million |
|
Cnergenz Bhd
KLSE:0246
|
$11.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Success Transformer Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 381,546,170 to 382,070,200, a change of 524,030 (0.1%).
- Net income of 10,619,650 contributed positively to equity growth.
- Dividend payments of 7,313,700 reduced retained earnings.
- Share repurchases of 134,460 reduced equity.
- New share issuances of 134,460 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM10.62 Million | +2.78% |
| Dividends Paid | RM7.31 Million | -1.91% |
| Share Repurchases | RM134.46K | -0.04% |
| Share Issuances | RM134.46K | +0.04% |
| Other Changes | RM-2.78 Million | -0.73% |
| Total Change | RM- | 0.14% |
Book Value vs Market Value Analysis
This analysis compares Success Transformer 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: 0.36x
- 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 0.51x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM1.15 | RM0.59 | x |
| 2017-06-30 | RM1.32 | RM0.59 | x |
| 2018-06-30 | RM1.31 | RM0.59 | x |
| 2019-06-30 | RM1.37 | RM0.59 | x |
| 2020-06-30 | RM1.37 | RM0.59 | x |
| 2021-06-30 | RM1.42 | RM0.59 | x |
| 2022-06-30 | RM1.49 | RM0.59 | x |
| 2023-06-30 | RM1.54 | RM0.59 | x |
| 2024-06-30 | RM1.62 | RM0.59 | x |
| 2025-06-30 | RM1.62 | RM0.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Success Transformer 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): 2.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.76%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.19x
- Recent ROE (2.78%) is below the historical average (6.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 10.38% | 6.74% | 0.78x | 1.96x | RM919.29K |
| 2016 | 13.42% | 6.22% | 1.21x | 1.79x | RM9.08 Million |
| 2017 | 14.97% | 11.65% | 0.82x | 1.56x | RM15.30 Million |
| 2018 | 2.31% | 2.20% | 0.73x | 1.44x | RM-23.88 Million |
| 2019 | 4.76% | 4.70% | 0.72x | 1.40x | RM-16.81 Million |
| 2020 | 3.18% | 4.49% | 0.60x | 1.19x | RM-21.45 Million |
| 2021 | 6.22% | 8.75% | 0.60x | 1.19x | RM-12.62 Million |
| 2022 | 5.52% | 8.32% | 0.54x | 1.23x | RM-15.64 Million |
| 2023 | 5.46% | 8.38% | 0.53x | 1.23x | RM-16.46 Million |
| 2024 | 5.78% | 9.53% | 0.51x | 1.20x | RM-16.10 Million |
| 2025 | 2.78% | 4.76% | 0.49x | 1.19x | RM-27.59 Million |
Industry Comparison
This section compares Success Transformer Corporation Bhd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $138,551,308
- Average return on equity (ROE) among peers: 12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Success Transformer Corporation Bhd (7207) | RM385.58 Million | 10.38% | 0.19x | $11.59 Million |
| Supercomnet Technologies Bhd (0001) | $420.88 Million | 7.44% | 0.06x | $33.99 Million |
| Mikro MSC Bhd (0112) | $52.82 Million | 19.58% | 0.32x | $33.93 Million |
| Fibon Bhd (0149) | $51.50 Million | 3.34% | 0.05x | $1.36 Million |
| Powerwell Holdings Bhd (0217) | $84.51 Million | 23.33% | 0.96x | $37.49 Million |
| Southern Cable Group Bhd (0225) | $121.22 Million | 15.00% | 1.92x | $284.31 Million |
| Cnergenz Bhd (0246) | $78.15 Million | 39.09% | 0.50x | $11.57 Million |
| Master Tec Group Berhad (0295) | $76.45 Million | 7.24% | 1.72x | $34.75 Million |
| SWIFT ENERGY TECHNOLOGY BERHAD (0337) | $38.82 Million | 9.22% | 0.98x | $10.65 Million |
| South Malaysia Industries Bhd (4375) | $176.34 Million | 15.95% | 0.25x | $1.48 Million |
| Sarawak Cable Bhd (5170) | $284.81 Million | -12.08% | 2.87x | $312.56K |