Vertice Bhd (7240) - Net Assets
Based on the latest financial reports, Vertice Bhd (7240) has net assets worth RM37.40 Million MYR (≈ $9.39 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM62.52 Million ≈ $15.70 Million USD) and total liabilities (RM25.12 Million ≈ $6.31 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 Vertice Bhd total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM37.40 Million |
| % of Total Assets | 59.83% |
| 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. Check 7240 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Vertice Bhd (2012–2024)
The table below shows the annual net assets of Vertice Bhd from 2012 to 2024. For live valuation and market cap data, see how much is Vertice Bhd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM43.56 Million ≈ $10.94 Million |
+1.36% |
| 2023-12-31 | RM42.98 Million ≈ $10.79 Million |
-16.06% |
| 2022-12-31 | RM51.20 Million ≈ $12.85 Million |
-23.75% |
| 2021-12-31 | RM67.15 Million ≈ $16.86 Million |
-29.95% |
| 2020-12-31 | RM95.86 Million ≈ $24.07 Million |
-5.33% |
| 2019-12-31 | RM101.25 Million ≈ $25.42 Million |
-19.48% |
| 2018-12-31 | RM125.74 Million ≈ $31.57 Million |
+35.74% |
| 2017-12-31 | RM92.63 Million ≈ $23.26 Million |
+3.46% |
| 2016-12-31 | RM89.54 Million ≈ $22.48 Million |
+0.76% |
| 2015-12-31 | RM88.86 Million ≈ $22.31 Million |
+2.14% |
| 2014-12-31 | RM87.00 Million ≈ $21.84 Million |
-1.14% |
| 2013-12-31 | RM88.00 Million ≈ $22.09 Million |
0.00% |
| 2012-12-31 | RM88.00 Million ≈ $22.09 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 |
|---|---|
|
Chinyang Poly
KO:010640
|
$14.46 Million |
|
Minox International Group Berhad
KLSE:0288
|
$14.46 Million |
|
WiMi Hologram Cloud Inc
NASDAQ:WIMI
|
$14.46 Million |
|
Medience Co. LTD
KQ:014100
|
$14.47 Million |
|
Mixed Martial Arts Group Limited
NYSE MKT:MMA
|
$14.43 Million |
|
Rougier S.A.
PA:ALRGR
|
$14.43 Million |
|
STAK Inc. Ordinary Shares
NASDAQ:STAK
|
$14.41 Million |
|
Pilulka Lekarny as
PR:PINK
|
$14.41 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: 1.17x
- 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 0.19x to 1.17x 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 | RM0.13 | x |
| 2017-12-31 | RM0.64 | RM0.13 | x |
| 2018-12-31 | RM0.67 | RM0.13 | x |
| 2019-12-31 | RM0.54 | RM0.13 | x |
| 2020-12-31 | RM0.36 | RM0.13 | x |
| 2021-12-31 | RM0.21 | RM0.13 | x |
| 2022-12-31 | RM0.14 | RM0.13 | x |
| 2023-12-31 | RM0.11 | RM0.13 | x |
| 2024-12-31 | RM0.11 | RM0.13 | 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: $77,554,880
- Average return on equity (ROE) among peers: 3.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vertice Bhd (7240) | RM37.40 Million | -4.73% | 0.67x | $14.45 Million |
| Southern Score Builders Berhad (0045) | $148.98 Million | 16.99% | 0.33x | $299.55 Million |
| Ecobuilt Holdings Bhd (0059) | $45.17 Million | -9.15% | 2.84x | $3.70 Million |
| Mega Sun City Holdings Bhd (0081) | $46.69 Million | 9.08% | 0.06x | $3.72 Million |
| Waja Konsortium Bhd (0102) | $40.12 Million | -0.57% | 1.17x | $15.40 Million |
| Kelington Group Bhd (0151) | $168.33 Million | 10.40% | 1.08x | $1.56 Billion |
| Widad Group Bhd (0162) | $26.28 Million | -3.31% | 1.19x | $11.75 Million |
| Pasukhas Group Bhd (0177) | $56.22 Million | -69.31% | 1.05x | $3.83 Million |
| HSS Engineers Bhd (0185) | $35.94 Million | 28.20% | 1.15x | $53.62 Million |
| Cabnet Holdings Bhd (0191) | $14.34 Million | 40.24% | 1.06x | $9.87 Million |
| Inta Bina Group Bhd (0192) | $193.47 Million | 17.20% | 2.22x | $58.65 Million |
About 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