Tomei Consolidated Bhd (7230) - Net Assets
Based on the latest financial reports, Tomei Consolidated Bhd (7230) has net assets worth RM620.05 Million MYR (≈ $155.67 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.15 Billion ≈ $287.53 Million USD) and total liabilities (RM525.16 Million ≈ $131.85 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 Tomei Consolidated Bhd (7230) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM620.05 Million |
| % of Total Assets | 54.14% |
| Annual Growth Rate | 8.11% |
| 5-Year Change | 96.45% |
| 10-Year Change | 187.71% |
| Growth Volatility | 8.89 |
Tomei Consolidated Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Tomei Consolidated Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Tomei Consolidated Bhd market capitalisation.
Annual Net Assets for Tomei Consolidated Bhd (2012–2025)
The table below shows the annual net assets of Tomei Consolidated Bhd from 2012 to 2025. Also explore Tomei Consolidated Bhd annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM532.07 Million ≈ $133.58 Million |
+24.06% |
| 2024-12-31 | RM428.87 Million ≈ $107.67 Million |
+13.85% |
| 2023-12-31 | RM376.68 Million ≈ $94.57 Million |
+12.27% |
| 2022-12-31 | RM335.52 Million ≈ $84.24 Million |
+23.88% |
| 2021-12-31 | RM270.84 Million ≈ $68.00 Million |
+12.29% |
| 2020-12-31 | RM241.21 Million ≈ $60.56 Million |
+15.09% |
| 2019-12-31 | RM209.57 Million ≈ $52.62 Million |
+3.40% |
| 2018-12-31 | RM202.68 Million ≈ $50.89 Million |
+1.57% |
| 2017-12-31 | RM199.54 Million ≈ $50.10 Million |
+7.90% |
| 2016-12-31 | RM184.93 Million ≈ $46.43 Million |
-0.04% |
| 2015-12-31 | RM185.00 Million ≈ $46.45 Million |
0.00% |
| 2014-12-31 | RM185.00 Million ≈ $46.45 Million |
-0.54% |
| 2013-12-31 | RM186.00 Million ≈ $46.70 Million |
-3.63% |
| 2012-12-31 | RM193.00 Million ≈ $48.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tomei Consolidated 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 296.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM458.73 Million | 86.22% |
| Common Stock | RM73.34 Million | 13.78% |
| Total Equity | RM532.07 Million | 100.00% |
Tomei Consolidated Bhd Competitors by Market Cap
The table below lists competitors of Tomei Consolidated Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hitech Corporation Limited
NSE:HITECHCORP
|
$60.91 Million |
|
Spirax Group plc
LSE:SPX
|
$60.92 Million |
|
Decidr Ai Industries Ltd
AU:DAI
|
$60.93 Million |
|
NeueHealth Inc
NYSE:NEUE
|
$60.94 Million |
|
Guillemot Corporation S.A.
PA:GUI
|
$60.87 Million |
|
W5 Solutions AB
ST:W5
|
$60.85 Million |
|
Lument Finance Trust Inc
NYSE:LFT
|
$60.83 Million |
|
Meta Biomed Co. Ltd
KQ:059210
|
$60.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tomei Consolidated Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 428,867,000 to 532,067,000, a change of 103,200,000 (24.1%).
- Net income of 106,822,000 contributed positively to equity growth.
- Dividend payments of 3,465,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM106.82 Million | +20.08% |
| Dividends Paid | RM3.46 Million | -0.65% |
| Other Changes | RM-157.00K | -0.03% |
| Total Change | RM- | 24.06% |
Book Value vs Market Value Analysis
This analysis compares Tomei Consolidated 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: 0.46x
- 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 1.31x to 0.46x 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 | RM1.33 | RM1.75 | x |
| 2017-12-31 | RM1.44 | RM1.75 | x |
| 2018-12-31 | RM1.46 | RM1.75 | x |
| 2019-12-31 | RM1.51 | RM1.75 | x |
| 2020-12-31 | RM1.74 | RM1.75 | x |
| 2021-12-31 | RM1.95 | RM1.75 | x |
| 2022-12-31 | RM2.42 | RM1.75 | x |
| 2023-12-31 | RM2.72 | RM1.75 | x |
| 2024-12-31 | RM3.09 | RM1.75 | x |
| 2025-12-31 | RM3.84 | RM1.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tomei Consolidated 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): 20.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.13%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 1.99x
- Recent ROE (20.08%) is above the historical average (10.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.53% | 0.99% | 1.19x | 2.14x | RM-13.81 Million |
| 2017 | 8.04% | 2.60% | 1.48x | 2.09x | RM-3.91 Million |
| 2018 | 2.34% | 0.84% | 1.39x | 2.00x | RM-15.52 Million |
| 2019 | 4.17% | 1.64% | 1.20x | 2.13x | RM-12.22 Million |
| 2020 | 12.92% | 5.64% | 1.17x | 1.96x | RM7.05 Million |
| 2021 | 12.10% | 4.45% | 1.43x | 1.90x | RM5.69 Million |
| 2022 | 19.64% | 6.76% | 1.48x | 1.96x | RM32.35 Million |
| 2023 | 12.33% | 5.10% | 1.24x | 1.95x | RM8.76 Million |
| 2024 | 13.87% | 5.68% | 1.24x | 1.96x | RM16.61 Million |
| 2025 | 20.08% | 8.13% | 1.24x | 1.99x | RM53.62 Million |
Industry Comparison
This section compares Tomei Consolidated Bhd's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $377,134,305
- Average return on equity (ROE) among peers: 8.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tomei Consolidated Bhd (7230) | RM620.05 Million | 2.53% | 0.85x | $60.90 Million |
| YX Precious Metals Bhd (0250) | $99.39 Million | 9.46% | 0.08x | $20.09 Million |
| Poh Kong Holdings Bhd (5080) | $459.00 Million | 3.05% | 0.60x | $110.24 Million |
| Zhulian Corporation Bhd (5131) | $529.00 Million | 10.02% | 0.08x | $80.84 Million |
| Well Chip Group Berhad (5325) | $421.15 Million | 11.87% | 0.63x | $174.74 Million |
About Tomei Consolidated Bhd
Tomei Consolidated Berhad engages in the retail, manufacturing, and wholesale of gold ornaments and jewellery in Malaysia. It operates in two segments, Retail, and Manufacturing and Wholesale. The company offers yellow gold, diamonds, platinum, and white gold, as well as precious and semi-precious gemstones; Xifu wedding jewellery collection; Batar jewellery collection; character-themed jewellery… Read more