Minetech Resources Bhd (7219) - Net Assets
Based on the latest financial reports, Minetech Resources Bhd (7219) has net assets worth RM82.98 Million MYR (≈ $20.83 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 (RM181.30 Million ≈ $45.52 Million USD) and total liabilities (RM98.32 Million ≈ $24.69 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 Minetech Resources Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM82.98 Million |
| % of Total Assets | 45.77% |
| Annual Growth Rate | 5.48% |
| 5-Year Change | -0.97% |
| 10-Year Change | 1.92% |
| Growth Volatility | 35.22 |
Minetech Resources Bhd - Net Assets Trend (2014–2025)
This chart illustrates how Minetech Resources Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Minetech Resources Bhd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Minetech Resources Bhd (2014–2025)
The table below shows the annual net assets of Minetech Resources Bhd from 2014 to 2025. For live valuation and market cap data, see Minetech Resources Bhd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM89.90 Million ≈ $22.57 Million |
+9.82% |
| 2024-03-31 | RM81.86 Million ≈ $20.55 Million |
-5.47% |
| 2023-03-31 | RM86.60 Million ≈ $21.74 Million |
+0.97% |
| 2022-03-31 | RM85.77 Million ≈ $21.53 Million |
-5.51% |
| 2021-03-31 | RM90.78 Million ≈ $22.79 Million |
+63.80% |
| 2020-03-31 | RM55.42 Million ≈ $13.91 Million |
-27.01% |
| 2019-03-31 | RM75.92 Million ≈ $19.06 Million |
+9.22% |
| 2018-03-31 | RM69.52 Million ≈ $17.45 Million |
-2.52% |
| 2017-03-31 | RM71.32 Million ≈ $17.90 Million |
-19.15% |
| 2016-03-31 | RM88.20 Million ≈ $22.14 Million |
-11.80% |
| 2015-03-31 | RM100.00 Million ≈ $25.11 Million |
-0.99% |
| 2014-12-31 | RM101.00 Million ≈ $25.36 Million |
+102.00% |
| 2014-03-31 | RM50.00 Million ≈ $12.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Minetech 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 decreased by 2615107000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM135.76 Million | 138.40% |
| Total Equity | RM98.10 Million | 100.00% |
Minetech Resources Bhd Competitors by Market Cap
The table below lists competitors of Minetech Resources Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clean Seas Seafood Ltd
AU:CSS
|
$20.02 Million |
|
Artmarket.com SA
PA:PRC
|
$20.02 Million |
|
Euroconsultants SA
AT:EUROC
|
$20.03 Million |
|
Hifab Group AB Series B
ST:HIFA-B
|
$20.03 Million |
|
Dong Il Steel MFG Co Ltd
KO:002690
|
$20.01 Million |
|
Active Biotech AB
ST:ACTI
|
$20.00 Million |
|
Everbright Digital Holding Limited Ordinary Shares
NASDAQ:EDHL
|
$20.00 Million |
|
S&K Polytec Co. Ltd
KQ:091340
|
$19.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minetech Resources Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 88,932,483 to 98,097,000, a change of 9,164,517 (10.3%).
- Net loss of 3,575,000 reduced equity.
- New share issuances of 19,050,000 increased equity.
- Other factors decreased equity by 6,310,483.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-3.58 Million | -3.64% |
| Share Issuances | RM19.05 Million | +19.42% |
| Other Changes | RM-6.31 Million | -6.43% |
| Total Change | RM- | 10.31% |
Book Value vs Market Value Analysis
This analysis compares Minetech 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: 0.79x
- 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 0.41x to 0.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.10 | RM0.04 | x |
| 2018-03-31 | RM0.10 | RM0.04 | x |
| 2019-03-31 | RM0.08 | RM0.04 | x |
| 2020-03-31 | RM0.06 | RM0.04 | x |
| 2021-03-31 | RM0.08 | RM0.04 | x |
| 2022-03-31 | RM0.05 | RM0.04 | x |
| 2023-03-31 | RM0.04 | RM0.04 | x |
| 2024-03-31 | RM0.05 | RM0.04 | x |
| 2025-03-31 | RM0.05 | RM0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minetech 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): -3.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.12%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.75x
- Recent ROE (-3.64%) is above the historical average (-15.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -11.67% | -9.79% | 0.76x | 1.57x | RM-19.11 Million |
| 2017 | -35.98% | -27.00% | 0.73x | 1.83x | RM-32.79 Million |
| 2018 | -4.21% | -2.41% | 0.81x | 2.15x | RM-9.88 Million |
| 2019 | -19.85% | -11.16% | 0.76x | 2.33x | RM-22.67 Million |
| 2020 | -36.87% | -24.85% | 0.68x | 2.17x | RM-25.98 Million |
| 2021 | 1.02% | 0.97% | 0.49x | 2.13x | RM-8.15 Million |
| 2022 | -25.83% | -25.95% | 0.46x | 2.14x | RM-30.74 Million |
| 2023 | -12.23% | -8.56% | 0.61x | 2.34x | RM-19.25 Million |
| 2024 | -6.60% | -18.13% | 0.20x | 1.85x | RM-14.76 Million |
| 2025 | -3.64% | -11.12% | 0.19x | 1.75x | RM-13.38 Million |
Industry Comparison
This section compares Minetech Resources Bhd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $782,190,501
- Average return on equity (ROE) among peers: 5.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minetech Resources Bhd (7219) | RM82.98 Million | -11.67% | 1.18x | $20.01 Million |
| SC Estate Builder Bhd (0109) | $33.39 Million | 3.24% | 0.12x | $6.07 Million |
| PLYTEC Holding Berhad (0289) | $83.86 Million | 16.32% | 1.13x | $27.39 Million |
| Cahya Mata Sarawak Bhd (2852) | $3.23 Billion | 6.32% | 0.50x | $305.07 Million |
| Johan Holdings Bhd (3441) | $207.13 Million | -6.34% | 3.91x | $7.33 Million |
| Lafarge Malayan Cement Bhd (3794) | $3.17 Billion | 11.00% | 0.26x | $2.39 Billion |
| Hume Industries Berhad (5000) | $23.00 Million | 0.00% | 0.87x | $572.39 Million |
| White Horse Bhd (5009) | $699.00 Million | 6.87% | 0.66x | $27.41 Million |
| YB Ventures Bhd (5048) | $197.00 Million | 5.58% | 0.13x | $4.75 Million |
| Complete Logistic Services Bhd (5136) | $118.25 Million | 13.72% | 0.30x | $609.81 Million |
| Dfcity Group Bhd (5165) | $54.88 Million | 0.19% | 0.52x | $9.41 Million |
About Minetech Resources Bhd
AIZO Group Berhad, an investment holding company, engages in the civil engineering business in Malaysia. The company operates through the Civil Engineering, Bituminous Products, Energy, Services, and Others segments. It provides civil and property construction services, including infrastructure and building construction works, underground excavation and controlled blasting works, rock blasting an… Read more