Destini Bhd (7212) - Net Assets
Based on the latest financial reports, Destini Bhd (7212) has net assets worth RM153.60 Million MYR (≈ $38.56 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM328.08 Million ≈ $82.37 Million USD) and total liabilities (RM174.48 Million ≈ $43.81 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 7212 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM153.60 Million |
| % of Total Assets | 46.82% |
| Annual Growth Rate | 8.59% |
| 5-Year Change | 3.46% |
| 10-Year Change | -60.96% |
| Growth Volatility | 53.87 |
Destini Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Destini Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 7212 total assets for the complete picture of this company's asset base.
Annual Net Assets for Destini Bhd (2012–2024)
The table below shows the annual net assets of Destini Bhd from 2012 to 2024. For live valuation and market cap data, see market value of Destini Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM137.03 Million ≈ $34.40 Million |
+12.69% |
| 2023-12-31 | RM121.60 Million ≈ $30.53 Million |
-3.56% |
| 2022-12-31 | RM126.08 Million ≈ $31.65 Million |
-21.74% |
| 2021-12-31 | RM161.10 Million ≈ $40.45 Million |
+21.63% |
| 2020-12-31 | RM132.45 Million ≈ $33.25 Million |
-48.60% |
| 2019-12-31 | RM257.70 Million ≈ $64.70 Million |
-49.17% |
| 2018-12-31 | RM507.02 Million ≈ $127.30 Million |
-0.22% |
| 2017-12-31 | RM508.15 Million ≈ $127.58 Million |
+5.56% |
| 2016-12-31 | RM481.38 Million ≈ $120.86 Million |
+37.15% |
| 2015-12-31 | RM351.00 Million ≈ $88.12 Million |
+37.11% |
| 2014-12-31 | RM256.00 Million ≈ $64.27 Million |
+130.63% |
| 2013-12-31 | RM111.00 Million ≈ $27.87 Million |
+117.65% |
| 2012-12-31 | RM51.00 Million ≈ $12.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Destini 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 919.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM591.42 Million | 431.60% |
| Total Equity | RM137.03 Million | 100.00% |
Destini Bhd Competitors by Market Cap
The table below lists competitors of Destini Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Para Light Electronics Co Ltd
TW:6226
|
$45.50 Million |
|
Homeritz Corporation Bhd
KLSE:5160
|
$45.50 Million |
|
Dmg Blockchain Solutions Inc
V:DMGI
|
$45.53 Million |
|
Enwell Energy plc
F:RHN
|
$45.53 Million |
|
Cofix Group Ltd
TA:CFX
|
$45.48 Million |
|
Loyal Metals Ltd
AU:LLM
|
$45.45 Million |
|
Kairous Acquisition Corp Ltd
NASDAQ:KACL
|
$45.42 Million |
|
Guler Yatirim Holding AS
IS:GLRYH
|
$45.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Destini Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 121,595,210 to 137,028,990, a change of 15,433,780 (12.7%).
- Net income of 26,228,350 contributed positively to equity growth.
- Share repurchases of 17,372,760 reduced equity.
- New share issuances of 17,372,757 increased equity.
- Other factors decreased equity by 10,794,567.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM26.23 Million | +19.14% |
| Share Repurchases | RM17.37 Million | -12.68% |
| Share Issuances | RM17.37 Million | +12.68% |
| Other Changes | RM-10.79 Million | -7.88% |
| Total Change | RM- | 12.69% |
Book Value vs Market Value Analysis
This analysis compares Destini 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: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.79x to 1.32x 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 | RM0.42 | RM0.33 | x |
| 2017-12-31 | RM0.44 | RM0.33 | x |
| 2018-12-31 | RM0.44 | RM0.33 | x |
| 2019-12-31 | RM0.22 | RM0.33 | x |
| 2020-12-31 | RM0.09 | RM0.33 | x |
| 2021-12-31 | RM0.10 | RM0.33 | x |
| 2022-12-31 | RM0.08 | RM0.33 | x |
| 2023-12-31 | RM0.24 | RM0.33 | x |
| 2024-12-31 | RM0.25 | RM0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Destini 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): 19.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.67%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 2.72x
- Recent ROE (19.14%) is above the historical average (-33.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 5.99% | 7.78% | 0.54x | 1.42x | RM-14.07 Million |
| 2016 | 6.86% | 9.31% | 0.52x | 1.42x | RM-15.11 Million |
| 2017 | 5.68% | 4.22% | 0.81x | 1.66x | RM-21.96 Million |
| 2018 | 0.35% | 0.42% | 0.53x | 1.57x | RM-48.93 Million |
| 2019 | -96.17% | -83.24% | 0.51x | 2.27x | RM-273.59 Million |
| 2020 | -143.94% | -100.27% | 0.36x | 3.97x | RM-203.89 Million |
| 2021 | 1.87% | 1.73% | 0.39x | 2.77x | RM-13.10 Million |
| 2022 | -23.92% | -16.20% | 0.66x | 2.23x | RM-42.76 Million |
| 2023 | -109.77% | -83.77% | 0.61x | 2.16x | RM-145.63 Million |
| 2024 | 19.14% | 7.67% | 0.92x | 2.72x | RM12.53 Million |
Industry Comparison
This section compares Destini Bhd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $528,108,128
- Average return on equity (ROE) among peers: -22.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Destini Bhd (7212) | RM153.60 Million | 5.99% | 1.14x | $45.48 Million |
| TAS Offshore Bhd (5149) | $93.01 Million | 2.03% | 0.37x | $20.64 Million |
| Boustead Heavy Industries (8133) | $65.40 Million | -77.34% | 5.44x | $67.29 Million |
| Sam Engineering Equipment (9822) | $1.43 Billion | 6.45% | 0.41x | $800.55 Million |
About Destini Bhd
Destini Berhad, an investment holding company, provides engineering solutions worldwide. It operates through Aviation Defense; Marine Services and Construction; Mobility; and Energy segments. The company provides maintenance, repair, and overhaul (MRO) services for the airbone and non-airbone assets and civil airline aircraft, including fixed and rotary winged aircraft; supplies safety and surviv… Read more