Resintech Bhd Net Assets
Resintech Bhd net assets. Based on the latest financial reports, Resintech Bhd (7232) has net assets worth RM225.71 Million MYR (≈ $56.67 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 (RM340.82 Million ≈ $85.57 Million USD) and total liabilities (RM115.11 Million ≈ $28.90 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. Also explore Resintech Bhd annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM225.71 Million |
| % of Total Assets | 66.23% |
| Annual Growth Rate | 7.61% |
| 5-Year Change | 29.34% |
| 10-Year Change | 74.44% |
| Growth Volatility | 8.87 |
Net Assets of Resintech Bhd (2013–2026)
Net assets of Resintech Bhd from 2013 to 2026. This chart illustrates how Resintech Bhd's net assets have evolved over time, based on quarterly financial data. See Resintech Bhd balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Resintech Bhd (2013–2026)
The table below shows the annual net assets of Resintech Bhd from 2013 to 2026. For live market cap and overall valuation, see 7232 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | RM225.71 Million ≈ $56.67 Million |
+6.78% |
| 2025-03-31 | RM211.39 Million ≈ $53.07 Million |
+17.22% |
| 2024-03-31 | RM180.34 Million ≈ $45.28 Million |
+3.59% |
| 2023-03-31 | RM174.08 Million ≈ $43.71 Million |
-0.25% |
| 2022-03-31 | RM174.51 Million ≈ $43.81 Million |
+6.23% |
| 2021-03-31 | RM164.28 Million ≈ $41.25 Million |
+0.91% |
| 2020-03-31 | RM162.80 Million ≈ $40.87 Million |
+17.18% |
| 2019-03-31 | RM138.93 Million ≈ $34.88 Million |
+3.20% |
| 2018-03-31 | RM134.62 Million ≈ $33.80 Million |
+4.04% |
| 2017-03-31 | RM129.40 Million ≈ $32.49 Million |
+5.39% |
| 2016-03-31 | RM122.78 Million ≈ $30.83 Million |
+0.64% |
| 2015-03-31 | RM122.00 Million ≈ $30.63 Million |
+32.61% |
| 2014-03-31 | RM92.00 Million ≈ $23.10 Million |
+5.75% |
| 2013-03-31 | RM87.00 Million ≈ $21.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Resintech 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 307.6% over the analyzed period, indicating profitable operations and earnings retention.
Resintech Bhd Net Assets Breakdown (March 2026)
Resintech Bhd net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM87.22 Million | 39.06% |
| Other Components | RM136.08 Million | 60.94% |
| Total Equity | RM223.30 Million | 100.00% |
Resintech Bhd Competitors by Market Cap
The table below lists competitors of Resintech Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
B3 Consulting Group AB
ST:B3
|
$22.45 Million |
|
Associated Industries China Inc
TW:9912
|
$22.46 Million |
|
Zungwon En-Sys Inc
KQ:045510
|
$22.46 Million |
|
Ram Technology Co. Ltd
KQ:171010
|
$22.48 Million |
|
NanoRepro AG
XETRA:NN6
|
$22.45 Million |
|
iMBC Co.Ltd
KQ:052220
|
$22.43 Million |
|
Live Ventures Inc
NASDAQ:LIVE
|
$22.42 Million |
|
LITHIUMBANK RESOURCES
F:HT9
|
$22.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Resintech Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 211,389,000 to 223,303,000, a change of 11,914,000 (5.6%).
- Net income of 13,630,000 contributed positively to equity growth.
- Dividend payments of 2,430,000 reduced retained earnings.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM13.63 Million | +6.1% |
| Dividends Paid | RM2.43 Million | -1.09% |
| Other Changes | RM714.00K | +0.32% |
| Total Change | RM- | 5.64% |
Book Value vs Market Value Analysis
This analysis compares Resintech 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: 0.40x
- 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 0.65x to 0.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.71 | RM0.46 | x |
| 2018-03-31 | RM0.74 | RM0.46 | x |
| 2019-03-31 | RM0.76 | RM0.46 | x |
| 2020-03-31 | RM0.89 | RM0.46 | x |
| 2021-03-31 | RM0.90 | RM0.46 | x |
| 2022-03-31 | RM0.89 | RM0.46 | x |
| 2023-03-31 | RM0.89 | RM0.46 | x |
| 2024-03-31 | RM0.93 | RM0.46 | x |
| 2025-03-31 | RM1.09 | RM0.46 | x |
| 2026-03-31 | RM1.15 | RM0.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Resintech 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): 6.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.51%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.53x
- Recent ROE (6.10%) is above the historical average (3.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.53% | 5.61% | 0.47x | 1.34x | RM-7.95 Million |
| 2017 | 6.74% | 11.23% | 0.45x | 1.33x | RM-4.22 Million |
| 2018 | 1.40% | 2.47% | 0.41x | 1.37x | RM-11.58 Million |
| 2019 | 2.52% | 4.13% | 0.45x | 1.36x | RM-10.39 Million |
| 2020 | 2.46% | 5.03% | 0.37x | 1.31x | RM-12.27 Million |
| 2021 | 3.57% | 7.45% | 0.35x | 1.36x | RM-10.56 Million |
| 2022 | 2.93% | 6.34% | 0.32x | 1.44x | RM-12.34 Million |
| 2023 | 0.58% | 1.11% | 0.35x | 1.47x | RM-16.41 Million |
| 2024 | 3.34% | 5.68% | 0.41x | 1.42x | RM-12.02 Million |
| 2025 | 5.34% | 9.02% | 0.39x | 1.50x | RM-9.86 Million |
| 2026 | 6.10% | 8.51% | 0.47x | 1.53x | RM-8.70 Million |
Industry Comparison
This section compares Resintech Bhd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $255,835,172
- Average return on equity (ROE) among peers: 1.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Resintech Bhd (7232) | RM225.71 Million | 3.53% | 0.51x | $22.45 Million |
| Econframe Bhd (0227) | $116.59 Million | 2.38% | 0.68x | $23.16 Million |
| Chuan Huat Resources Bhd (7016) | $293.95 Million | -5.39% | 0.91x | $12.07 Million |
| Seacera Group Bhd (7073) | $560.25 Million | 1.09% | 0.18x | $9.37 Million |
| AbleGroup Bhd (7086) | $43.57 Million | -1.36% | 0.07x | $6.96 Million |
| United U Li Corporation Bhd (7133) | $180.00 Million | 9.44% | 0.19x | $76.56 Million |
| CSH Alliance Bhd (7165) | $396.99 Million | 2.48% | 0.08x | $24.28 Million |
| Superlon Holdings Bhd (7235) | $52.96 Million | -2.06% | 0.36x | $38.42 Million |
| Ajiya Bhd (7609) | $321.00 Million | 4.67% | 0.33x | $132.84 Million |
| KPS Consortium Bhd (9121) | $337.21 Million | 4.76% | 0.53x | $21.23 Million |
About Resintech Bhd
Resintech Berhad, an investment holding company, designs, manufactures, trades, and markets uPVC and polyethylene products in Malaysia, Indonesia, Cambodia, Singapore, and internationally. The company offers polyethylene, polypropylene, acrylonitrile-butadiene-styrene pipes, tanks, and fittings; and corrugated pipes and fittings for sewerage discharge application, drainage and irrigation, undergr… Read more