UMS-Neiken Group Bhd
UMS-Neiken Group Berhad, an investment holding company, designs, manufactures, and trades in electrical wiring accessories and related electrical products in Malaysia, Vietnam, and Singapore. The company offers switches, sockets, disconnectors, adaptors, fused connection units, and waterproof covers, as well as plugs top, round pin plugs, and AC magnetic starters. It also trades in, imports, and … Read more
UMS-Neiken Group Bhd (7227) - Net Assets
Latest net assets as of September 2025: RM117.96 Million MYR
Based on the latest financial reports, UMS-Neiken Group Bhd (7227) has net assets worth RM117.96 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 (RM127.32 Million) and total liabilities (RM9.36 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 | RM117.96 Million |
| % of Total Assets | 92.65% |
| Annual Growth Rate | 5.91% |
| 5-Year Change | 14.25% |
| 10-Year Change | 46.96% |
| Growth Volatility | 4.78 |
UMS-Neiken Group Bhd - Net Assets Trend (2012–2024)
This chart illustrates how UMS-Neiken Group 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 UMS-Neiken Group Bhd (2012–2024)
The table below shows the annual net assets of UMS-Neiken Group Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM117.57 Million | -4.96% |
| 2023-12-31 | RM123.71 Million | +2.95% |
| 2022-12-31 | RM120.16 Million | +7.44% |
| 2021-12-31 | RM111.83 Million | +8.68% |
| 2020-12-31 | RM102.90 Million | +3.40% |
| 2019-12-31 | RM99.52 Million | +1.70% |
| 2018-12-31 | RM97.86 Million | +6.13% |
| 2017-12-31 | RM92.21 Million | +5.04% |
| 2016-12-31 | RM87.78 Million | +9.73% |
| 2015-12-31 | RM80.00 Million | +11.11% |
| 2014-12-31 | RM72.00 Million | +14.29% |
| 2013-12-31 | RM63.00 Million | +6.78% |
| 2012-12-31 | RM59.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to UMS-Neiken Group 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 96.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM76.64 Million | 65.18% |
| Common Stock | RM41.53 Million | 35.32% |
| Total Equity | RM117.57 Million | 100.00% |
UMS-Neiken Group Bhd Competitors by Market Cap
The table below lists competitors of UMS-Neiken Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Proactis SA
PA:PROAC
|
$1.08 Million |
|
AMERICAN FINCL GRP
BE:QFI
|
$1.08 Million |
|
Strategic Energy Resources Limited
F:EB8
|
$1.09 Million |
|
CF INDUSTRIES HLDG
MU:C4F
|
$1.09 Million |
|
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
BATS:GDMN
|
$1.08 Million |
|
LCK Global Kedaton
JK:LCKM
|
$1.08 Million |
|
KBC GR
BE:KDB
|
$1.08 Million |
|
ARK Resources Bhd
KLSE:7007
|
$1.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UMS-Neiken Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 123,706,000 to 117,569,000, a change of -6,137,000 (-5.0%).
- Net income of 5,173,000 contributed positively to equity growth.
- Dividend payments of 10,236,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.17 Million | +4.4% |
| Dividends Paid | RM10.24 Million | -8.71% |
| Other Changes | RM-1.07 Million | -0.91% |
| Total Change | RM- | -4.96% |
Book Value vs Market Value Analysis
This analysis compares UMS-Neiken Group 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: 0.54x
- 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 0.72x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.12 | RM0.80 | x |
| 2017-12-31 | RM1.17 | RM0.80 | x |
| 2018-12-31 | RM1.25 | RM0.80 | x |
| 2019-12-31 | RM1.27 | RM0.80 | x |
| 2020-12-31 | RM1.31 | RM0.80 | x |
| 2021-12-31 | RM1.42 | RM0.80 | x |
| 2022-12-31 | RM1.53 | RM0.80 | x |
| 2023-12-31 | RM1.57 | RM0.80 | x |
| 2024-12-31 | RM1.49 | RM0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UMS-Neiken Group 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): 4.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.48%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.07x
- Recent ROE (4.40%) is below the historical average (7.45%), 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 | 11.26% | 15.00% | 0.63x | 1.19x | RM1.01 Million |
| 2016 | 11.28% | 15.04% | 0.60x | 1.24x | RM1.13 Million |
| 2017 | 8.04% | 10.88% | 0.63x | 1.17x | RM-1.81 Million |
| 2018 | 8.22% | 10.98% | 0.66x | 1.14x | RM-1.74 Million |
| 2019 | 4.05% | 6.35% | 0.58x | 1.11x | RM-5.92 Million |
| 2020 | 5.87% | 9.61% | 0.55x | 1.11x | RM-4.25 Million |
| 2021 | 9.18% | 13.65% | 0.61x | 1.11x | RM-916.40K |
| 2022 | 8.16% | 14.67% | 0.52x | 1.07x | RM-2.21 Million |
| 2023 | 4.04% | 7.62% | 0.50x | 1.07x | RM-7.37 Million |
| 2024 | 4.40% | 7.48% | 0.55x | 1.07x | RM-6.58 Million |
Industry Comparison
This section compares UMS-Neiken Group 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 |
|---|---|---|---|---|
| UMS-Neiken Group Bhd (7227) | RM117.96 Million | 11.26% | 0.08x | $1.08 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 |