Vertice Bhd
Infraharta Holdings Berhad, an investment holding company, engages in the construction business in Malaysia. The company operates through three segments: Construction, Property development, and Others. It constructs and renovates buildings and other engineering projects. The company also engages in the property development and investment, and money lending business. The company was formerly known… Read more
Vertice Bhd (7240) - Net Assets
Latest net assets as of September 2025: RM38.32 Million MYR
Based on the latest financial reports, Vertice Bhd (7240) has net assets worth RM38.32 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 (RM72.07 Million) and total liabilities (RM33.74 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 | RM38.32 Million |
| % of Total Assets | 53.18% |
| Annual Growth Rate | -5.69% |
| 5-Year Change | -54.55% |
| 10-Year Change | -50.98% |
| Growth Volatility | 16.32 |
Vertice Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Vertice 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 Vertice Bhd (2012–2024)
The table below shows the annual net assets of Vertice Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM43.56 Million | +1.36% |
| 2023-12-31 | RM42.98 Million | -16.06% |
| 2022-12-31 | RM51.20 Million | -23.75% |
| 2021-12-31 | RM67.15 Million | -29.95% |
| 2020-12-31 | RM95.86 Million | -5.33% |
| 2019-12-31 | RM101.25 Million | -19.48% |
| 2018-12-31 | RM125.74 Million | +35.74% |
| 2017-12-31 | RM92.63 Million | +3.46% |
| 2016-12-31 | RM89.54 Million | +0.76% |
| 2015-12-31 | RM88.86 Million | +2.14% |
| 2014-12-31 | RM87.00 Million | -1.14% |
| 2013-12-31 | RM88.00 Million | 0.00% |
| 2012-12-31 | RM88.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vertice 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 decreased by 527.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM144.03 Million | 308.43% |
| Total Equity | RM46.70 Million | 100.00% |
Vertice Bhd Competitors by Market Cap
The table below lists competitors of Vertice Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Harvest Technology Group Ltd
AU:HTG
|
$4.56 Million |
|
SPINEGUARD EO -05
F:6W5
|
$4.56 Million |
|
Ari Real Estate Arena Investment Ltd
TA:ARIN
|
$4.57 Million |
|
SM Wirtschaftsberatungs AG
XETRA:SMWN
|
$4.57 Million |
|
Volatus Aerospace Corp
OTCQB:VLTTF
|
$4.56 Million |
|
APPlife Digital Solutions Inc
OTCQB:ALDS
|
$4.56 Million |
|
Fundo de Investimento Imobiliário Trade Center
SA:FTCE11
|
$4.56 Million |
|
Hotel Sahid Jaya Tbk
JK:SHID
|
$4.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vertice Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,664,969 to 46,700,000, a change of 35,031 (0.1%).
- Net loss of 1,928,000 reduced equity.
- New share issuances of 3,852,000 increased equity.
- Other factors decreased equity by 1,888,969.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-1.93 Million | -4.13% |
| Share Issuances | RM3.85 Million | +8.25% |
| Other Changes | RM-1.89 Million | -4.04% |
| Total Change | RM- | 0.08% |
Book Value vs Market Value Analysis
This analysis compares Vertice 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: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.17x to 1.03x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.68 | RM0.12 | x |
| 2017-12-31 | RM0.64 | RM0.12 | x |
| 2018-12-31 | RM0.67 | RM0.12 | x |
| 2019-12-31 | RM0.54 | RM0.12 | x |
| 2020-12-31 | RM0.36 | RM0.12 | x |
| 2021-12-31 | RM0.21 | RM0.12 | x |
| 2022-12-31 | RM0.14 | RM0.12 | x |
| 2023-12-31 | RM0.11 | RM0.12 | x |
| 2024-12-31 | RM0.11 | RM0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vertice 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): -4.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.78%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.66x
- Recent ROE (-4.13%) is above the historical average (-17.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -4.73% | -2.61% | 1.20x | 1.51x | RM-13.09 Million |
| 2016 | 0.75% | 0.40% | 1.26x | 1.50x | RM-8.28 Million |
| 2017 | -5.21% | -4.01% | 0.88x | 1.47x | RM-14.09 Million |
| 2018 | -4.23% | -4.27% | 0.69x | 1.45x | RM-17.90 Million |
| 2019 | -24.19% | -39.42% | 0.45x | 1.38x | RM-34.62 Million |
| 2020 | -20.76% | -44.56% | 0.34x | 1.38x | RM-29.48 Million |
| 2021 | -53.37% | -426.48% | 0.08x | 1.48x | RM-42.55 Million |
| 2022 | -39.27% | -68.24% | 0.33x | 1.72x | RM-25.47 Million |
| 2023 | -14.96% | -12.41% | 0.65x | 1.84x | RM-11.65 Million |
| 2024 | -4.13% | -6.78% | 0.37x | 1.66x | RM-6.60 Million |
Industry Comparison
This section compares Vertice Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vertice Bhd (7240) | RM38.32 Million | -4.73% | 0.88x | $4.56 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |