Dufu Tech Corp Bhd (7233) - Net Assets
Based on the latest financial reports, Dufu Tech Corp Bhd (7233) has net assets worth RM358.56 Million MYR (≈ $90.02 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 (RM457.30 Million ≈ $114.81 Million USD) and total liabilities (RM98.73 Million ≈ $24.79 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 7233 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM358.56 Million |
| % of Total Assets | 78.41% |
| Annual Growth Rate | 11.97% |
| 5-Year Change | 12.01% |
| 10-Year Change | 166.46% |
| Growth Volatility | 15.28 |
Dufu Tech Corp Bhd - Net Assets Trend (2006–2025)
This chart illustrates how Dufu Tech Corp Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Dufu Tech Corp Bhd (7233) total assets for the complete picture of this company's asset base.
Annual Net Assets for Dufu Tech Corp Bhd (2006–2025)
The table below shows the annual net assets of Dufu Tech Corp Bhd from 2006 to 2025. For live valuation and market cap data, see Dufu Tech Corp Bhd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM349.57 Million ≈ $87.77 Million |
+1.45% |
| 2024-12-31 | RM344.58 Million ≈ $86.51 Million |
+1.22% |
| 2023-12-31 | RM340.42 Million ≈ $85.47 Million |
-0.08% |
| 2022-12-31 | RM340.70 Million ≈ $85.54 Million |
+9.17% |
| 2021-12-31 | RM312.08 Million ≈ $78.35 Million |
+21.99% |
| 2020-12-31 | RM255.83 Million ≈ $64.23 Million |
+19.10% |
| 2019-12-31 | RM214.80 Million ≈ $53.93 Million |
+23.11% |
| 2018-12-31 | RM174.48 Million ≈ $43.81 Million |
+23.11% |
| 2017-12-31 | RM141.73 Million ≈ $35.58 Million |
+8.03% |
| 2016-12-31 | RM131.19 Million ≈ $32.94 Million |
+13.64% |
| 2015-12-31 | RM115.44 Million ≈ $28.98 Million |
+15.47% |
| 2014-12-31 | RM99.98 Million ≈ $25.10 Million |
+9.02% |
| 2013-12-31 | RM91.71 Million ≈ $23.03 Million |
+9.87% |
| 2012-12-31 | RM83.47 Million ≈ $20.96 Million |
-3.78% |
| 2011-12-31 | RM86.75 Million ≈ $21.78 Million |
-3.10% |
| 2010-12-31 | RM89.52 Million ≈ $22.48 Million |
+3.25% |
| 2009-12-31 | RM86.71 Million ≈ $21.77 Million |
+13.23% |
| 2008-12-31 | RM76.57 Million ≈ $19.22 Million |
+12.16% |
| 2007-12-31 | RM68.27 Million ≈ $17.14 Million |
+67.44% |
| 2006-12-31 | RM40.78 Million ≈ $10.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dufu Tech Corp 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 780.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM260.19 Million | 74.58% |
| Common Stock | RM112.44 Million | 32.23% |
| Other Comprehensive Income | RM5.28 Million | 1.51% |
| Total Equity | RM348.87 Million | 100.00% |
Dufu Tech Corp Bhd Competitors by Market Cap
The table below lists competitors of Dufu Tech Corp Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AC IMMUNE SA SF-02
F:IMR
|
$243.75 Million |
|
Monogram Orthopaedics Inc. Common Stock
NASDAQ:MGRM
|
$243.79 Million |
|
Adagene Inc
NASDAQ:ADAG
|
$243.81 Million |
|
Zura Bio Limited Class A Ordinary Shares
NASDAQ:ZURA
|
$243.84 Million |
|
HUA YU LIEN Development Co Ltd
TW:1436
|
$243.49 Million |
|
Martifer SGPS S.A
LS:MAR
|
$243.48 Million |
|
Santhera Pharmaceuticals Holding AG
SW:SANN
|
$243.45 Million |
|
Bangkok Land Public Company Limited
BK:BLAND
|
$243.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dufu Tech Corp Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 343,748,000 to 348,873,000, a change of 5,125,000 (1.5%).
- Net income of 28,073,000 contributed positively to equity growth.
- Dividend payments of 18,641,000 reduced retained earnings.
- Share repurchases of 723,080 reduced equity.
- New share issuances of 724,000 increased equity.
- Other comprehensive income decreased equity by 10,017,480.
- Other factors increased equity by 5,709,560.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM28.07 Million | +8.05% |
| Dividends Paid | RM18.64 Million | -5.34% |
| Share Repurchases | RM723.08K | -0.21% |
| Share Issuances | RM724.00K | +0.21% |
| Other Comprehensive Income | RM-10.02 Million | -2.87% |
| Other Changes | RM5.71 Million | +1.64% |
| Total Change | RM- | 1.49% |
Book Value vs Market Value Analysis
This analysis compares Dufu Tech Corp 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: 2.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.54x to 2.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | RM0.21 | RM1.82 | x |
| 2007-12-31 | RM0.25 | RM1.82 | x |
| 2008-12-31 | RM0.20 | RM1.82 | x |
| 2009-12-31 | RM0.23 | RM1.82 | x |
| 2010-12-31 | RM0.24 | RM1.82 | x |
| 2011-12-31 | RM0.23 | RM1.82 | x |
| 2012-12-31 | RM0.22 | RM1.82 | x |
| 2013-12-31 | RM0.20 | RM1.82 | x |
| 2014-12-31 | RM0.18 | RM1.82 | x |
| 2015-12-31 | RM0.21 | RM1.82 | x |
| 2016-12-31 | RM0.24 | RM1.82 | x |
| 2017-12-31 | RM0.27 | RM1.82 | x |
| 2018-12-31 | RM0.35 | RM1.82 | x |
| 2019-12-31 | RM0.21 | RM1.82 | x |
| 2020-12-31 | RM0.49 | RM1.82 | x |
| 2021-12-31 | RM0.59 | RM1.82 | x |
| 2022-12-31 | RM0.64 | RM1.82 | x |
| 2023-12-31 | RM0.64 | RM1.82 | x |
| 2024-12-31 | RM0.65 | RM1.82 | x |
| 2025-12-31 | RM0.65 | RM1.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dufu Tech Corp 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): 8.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.13%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.28x
- Recent ROE (8.05%) is below the historical average (12.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 19.28% | 8.68% | 0.96x | 2.32x | RM3.78 Million |
| 2007 | 17.80% | 11.10% | 0.97x | 1.65x | RM5.33 Million |
| 2008 | 12.80% | 8.07% | 0.97x | 1.64x | RM2.14 Million |
| 2009 | 12.83% | 9.54% | 0.81x | 1.67x | RM2.45 Million |
| 2010 | 7.62% | 5.31% | 0.84x | 1.71x | RM-2.13 Million |
| 2011 | -5.55% | -4.03% | 0.74x | 1.85x | RM-13.49 Million |
| 2012 | -2.63% | -1.92% | 0.71x | 1.93x | RM-10.54 Million |
| 2013 | -6.04% | -5.32% | 0.64x | 1.78x | RM-14.71 Million |
| 2014 | 6.26% | 4.61% | 0.82x | 1.65x | RM-3.73 Million |
| 2015 | 9.48% | 6.14% | 1.06x | 1.46x | RM-601.67K |
| 2016 | 20.67% | 15.95% | 0.96x | 1.35x | RM13.99 Million |
| 2017 | 18.37% | 14.40% | 1.03x | 1.24x | RM11.87 Million |
| 2018 | 29.86% | 21.49% | 1.10x | 1.27x | RM34.49 Million |
| 2019 | 20.77% | 17.88% | 0.93x | 1.25x | RM23.09 Million |
| 2020 | 20.25% | 17.39% | 0.96x | 1.22x | RM26.23 Million |
| 2021 | 23.61% | 20.89% | 0.91x | 1.24x | RM42.48 Million |
| 2022 | 19.67% | 22.04% | 0.72x | 1.25x | RM32.94 Million |
| 2023 | 7.15% | 10.69% | 0.55x | 1.23x | RM-9.69 Million |
| 2024 | 6.56% | 8.69% | 0.58x | 1.30x | RM-11.81 Million |
| 2025 | 8.05% | 10.13% | 0.62x | 1.28x | RM-6.81 Million |
Industry Comparison
This section compares Dufu Tech Corp Bhd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $207,164,209
- Average return on equity (ROE) among peers: 9.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dufu Tech Corp Bhd (7233) | RM358.56 Million | 19.28% | 0.28x | $243.70 Million |
| Mestron Holdings (0207) | $140.91 Million | 4.80% | 0.54x | $34.93 Million |
| Volcano Bhd (0232) | $67.65 Million | 7.07% | 0.10x | $14.14 Million |
| CEKD Bhd (0238) | $69.24 Million | 7.26% | 0.42x | $13.68 Million |
| Coraza Integrated Technology Bhd (0240) | $29.25 Million | 27.40% | 1.03x | $116.63 Million |
| SFP Tech Holdings Bhd (0251) | $37.43 Million | 28.13% | 0.77x | $135.58 Million |
| Wentel Engineering Holdings Berhad (0298) | $87.70 Million | 23.35% | 0.23x | $72.18 Million |
| Seremban Engineering Bhd (5163) | $44.00 Million | -43.18% | 2.39x | $13.30 Million |
| Uwc Bhd (5292) | $74.43 Million | 19.97% | 0.83x | $1.63 Billion |
| APB Resources Bhd (5568) | $193.00 Million | 9.33% | 0.16x | $6.08 Million |
| Kumpulan Perangsang Selangor (5843) | $1.33 Billion | 7.36% | 0.38x | $76.90 Million |
About Dufu Tech Corp Bhd
Dufu Technology Corp. Berhad, an investment holding company, engages in the manufacture and sale of industrial products. The company designs, develops, manufactures, assembles, and trades in die components and precision machining of vice, computer peripherals, and parts for hard disk drives. It also manufactures and trades in optics, magnetism drivers, and parts; and processes and trades in compu… Read more