Wellcall Holdings Bhd
Wellcall Holdings Berhad, an investment holding company, engages in the manufacturing and sales of rubber hose and related products. It offers fire fighting, lay flat water discharge, washdown, water discharge, water, and water suction and discharge hoses; air, compressed air, and hot air hoses; and dock, fuel/oil discharge, fuel/oil, fuel/oil suction and discharge, low pressure textile braided, … Read more
Wellcall Holdings Bhd (7231) - Net Assets
Latest net assets as of September 2025: RM150.86 Million MYR
Based on the latest financial reports, Wellcall Holdings Bhd (7231) has net assets worth RM150.86 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 (RM173.41 Million) and total liabilities (RM22.54 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 | RM150.86 Million |
| % of Total Assets | 87.0% |
| Annual Growth Rate | 4.9% |
| 5-Year Change | 18.66% |
| 10-Year Change | 54.11% |
| Growth Volatility | 4.63 |
Wellcall Holdings Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Wellcall Holdings 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 Wellcall Holdings Bhd (2012–2025)
The table below shows the annual net assets of Wellcall Holdings Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RM150.86 Million | +5.42% |
| 2024-09-30 | RM143.10 Million | +2.21% |
| 2023-09-30 | RM140.01 Million | +12.39% |
| 2022-09-30 | RM124.57 Million | -2.01% |
| 2021-09-30 | RM127.13 Million | +5.19% |
| 2020-09-30 | RM120.86 Million | -0.65% |
| 2019-09-30 | RM121.65 Million | +13.18% |
| 2018-09-30 | RM107.48 Million | +3.63% |
| 2017-09-30 | RM103.72 Million | +5.96% |
| 2016-09-30 | RM97.89 Million | +0.92% |
| 2015-09-30 | RM97.00 Million | +11.49% |
| 2014-09-30 | RM87.00 Million | +4.82% |
| 2013-09-30 | RM83.00 Million | +2.47% |
| 2012-09-30 | RM81.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wellcall Holdings 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 192.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM82.03 Million | 54.37% |
| Common Stock | RM68.84 Million | 45.63% |
| Total Equity | RM150.86 Million | 100.00% |
Wellcall Holdings Bhd Competitors by Market Cap
The table below lists competitors of Wellcall Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enli Technology Co.,Ltd
TWO:7728
|
$104.91 Million |
|
WAWEL SA
WAR:WWL
|
$104.91 Million |
|
FACT II Acquisition Corp. Class A Ordinary Shares
NASDAQ:FACT
|
$104.93 Million |
|
Shanghai Taihe Water Environmental Technology Development Co Ltd
SHG:605081
|
$104.96 Million |
|
AROS BOSTADSUTVECKLING AB
F:9HZ
|
$104.85 Million |
|
Mikron Holding AG
SW:MIKN
|
$104.84 Million |
|
SMCP S.A.S.
LSE:0RVA
|
$104.83 Million |
|
Daedong Ind
KO:000490
|
$104.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wellcall Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 143,105,000 to 150,862,000, a change of 7,757,000 (5.4%).
- Net income of 46,597,000 contributed positively to equity growth.
- Dividend payments of 38,840,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM46.60 Million | +30.89% |
| Dividends Paid | RM38.84 Million | -25.75% |
| Total Change | RM- | 5.42% |
Book Value vs Market Value Analysis
This analysis compares Wellcall Holdings 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: 4.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.36x to 4.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-09-30 | RM0.20 | RM1.25 | x |
| 2017-09-30 | RM0.21 | RM1.25 | x |
| 2018-09-30 | RM0.22 | RM1.25 | x |
| 2019-09-30 | RM0.23 | RM1.25 | x |
| 2020-09-30 | RM0.24 | RM1.25 | x |
| 2021-09-30 | RM0.26 | RM1.25 | x |
| 2022-09-30 | RM0.25 | RM1.25 | x |
| 2023-09-30 | RM0.28 | RM1.25 | x |
| 2024-09-30 | RM0.29 | RM1.25 | x |
| 2025-09-30 | RM0.30 | RM1.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wellcall Holdings 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): 30.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.28%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.15x
- Recent ROE (30.89%) is below the historical average (31.95%), 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 | 42.21% | 25.95% | 1.14x | 1.43x | RM31.29 Million |
| 2016 | 31.97% | 23.27% | 1.01x | 1.37x | RM21.50 Million |
| 2017 | 35.15% | 22.91% | 1.23x | 1.24x | RM26.08 Million |
| 2018 | 29.45% | 18.49% | 1.31x | 1.21x | RM20.90 Million |
| 2019 | 31.62% | 21.63% | 1.23x | 1.19x | RM25.16 Million |
| 2020 | 24.29% | 21.76% | 0.93x | 1.20x | RM17.27 Million |
| 2021 | 26.87% | 21.75% | 1.01x | 1.23x | RM21.44 Million |
| 2022 | 26.72% | 18.84% | 1.11x | 1.28x | RM20.83 Million |
| 2023 | 39.48% | 25.45% | 1.24x | 1.25x | RM41.27 Million |
| 2024 | 32.78% | 22.40% | 1.20x | 1.22x | RM32.60 Million |
| 2025 | 30.89% | 25.28% | 1.06x | 1.15x | RM31.51 Million |
Industry Comparison
This section compares Wellcall Holdings Bhd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $236,290,207
- Average return on equity (ROE) among peers: 13.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wellcall Holdings Bhd (7231) | RM150.86 Million | 42.21% | 0.15x | $104.89 Million |
| Eversafe Rubber Bhd (0190) | $65.06 Million | 4.25% | 0.76x | $1.20 Million |
| Betamek Bhd (0263) | $86.96 Million | 14.04% | 0.45x | $11.31 Million |
| KHPT Holdings Berhad (0322) | $28.09 Million | 31.32% | 1.02x | $2.10 Million |
| MSB Global Group Berhad (0350) | $38.18 Million | 49.46% | 0.54x | $3.86 Million |
| APM Automotive Holdings Bhd (5015) | $1.23 Billion | 3.18% | 0.34x | $36.86 Million |
| ABM Fujiya Bhd (5198) | $159.98 Million | 1.16% | 0.62x | $814.00K |
| Globaltec Formation Bhd (5220) | $370.00 Million | -10.00% | 0.35x | $23.56 Million |
| Solid Automotive Bhd (5242) | $141.56 Million | 1.00% | 0.66x | $5.00 Million |
| Pecca Group Bhd (5271) | $156.93 Million | 9.26% | 0.16x | $66.65 Million |
| Feytech Holdings Berhad (5322) | $85.48 Million | 32.28% | 0.71x | $13.02 Million |