SLP Resources Bhd
SLP Resources Berhad, an investment holding company, manufactures and sells plastic packaging and related products in Malaysia, Japan, Australia, New Zealand, and internationally. The company offers polybags, including fashion, wicket, garbage, and kitchen bags; thin gauge solutions; printed bags for hygiene care products; and hygienic packaging products. It also provides polyfilms, such as slici… Read more
SLP Resources Bhd (7248) - Net Assets
Latest net assets as of December 2025: RM173.87 Million MYR
Based on the latest financial reports, SLP Resources Bhd (7248) has net assets worth RM173.87 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM196.38 Million) and total liabilities (RM22.52 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 | RM173.87 Million |
| % of Total Assets | 88.54% |
| Annual Growth Rate | 5.85% |
| 5-Year Change | -6.17% |
| 10-Year Change | 32.48% |
| Growth Volatility | 9.33 |
SLP Resources Bhd - Net Assets Trend (2012–2025)
This chart illustrates how SLP Resources 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 SLP Resources Bhd (2012–2025)
The table below shows the annual net assets of SLP Resources Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM173.87 Million | -7.58% |
| 2024-12-31 | RM188.13 Million | -1.55% |
| 2023-12-31 | RM191.10 Million | -1.01% |
| 2022-12-31 | RM193.05 Million | +4.18% |
| 2021-12-31 | RM185.31 Million | +1.93% |
| 2020-12-31 | RM181.79 Million | -1.36% |
| 2019-12-31 | RM184.31 Million | +1.67% |
| 2018-12-31 | RM181.29 Million | +7.71% |
| 2017-12-31 | RM168.31 Million | +28.25% |
| 2016-12-31 | RM131.24 Million | +15.12% |
| 2015-12-31 | RM114.00 Million | +18.75% |
| 2014-12-31 | RM96.00 Million | +6.67% |
| 2013-12-31 | RM90.00 Million | +8.43% |
| 2012-12-31 | RM83.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SLP Resources 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 3.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM63.85 Million | 36.72% |
| Other Components | RM110.02 Million | 63.28% |
| Total Equity | RM173.87 Million | 100.00% |
SLP Resources Bhd Competitors by Market Cap
The table below lists competitors of SLP Resources Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Live Ventures Inc
NASDAQ:LIVE
|
$9.66 Million |
|
Pinnacle Silver and Gold Corp.
V:PINN
|
$9.66 Million |
|
Goldenstone Acquisition Ltd
NASDAQ:GDST
|
$9.66 Million |
|
BEDFORD METALS CORP.
F:O8D
|
$9.66 Million |
|
PCC Exol SA
WAR:PCX
|
$9.65 Million |
|
aap Implantate AG
F:AAQ1
|
$9.65 Million |
|
Yw Company Limited
KQ:051390
|
$9.65 Million |
|
Avonmore Capital & Management Services Limited
NSE:AVONMORE
|
$9.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SLP Resources Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 188,134,000 to 173,868,000, a change of -14,266,000 (-7.6%).
- Net income of 8,447,000 contributed positively to equity growth.
- Dividend payments of 11,094,000 reduced retained earnings.
- Other factors decreased equity by 11,619,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM8.45 Million | +4.86% |
| Dividends Paid | RM11.09 Million | -6.38% |
| Other Changes | RM-11.62 Million | -6.68% |
| Total Change | RM- | -7.58% |
Book Value vs Market Value Analysis
This analysis compares SLP Resources 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: 1.44x
- 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 1.79x to 1.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.44 | RM0.79 | x |
| 2017-12-31 | RM0.53 | RM0.79 | x |
| 2018-12-31 | RM0.57 | RM0.79 | x |
| 2019-12-31 | RM0.58 | RM0.79 | x |
| 2020-12-31 | RM0.57 | RM0.79 | x |
| 2021-12-31 | RM0.58 | RM0.79 | x |
| 2022-12-31 | RM0.61 | RM0.79 | x |
| 2023-12-31 | RM0.60 | RM0.79 | x |
| 2024-12-31 | RM0.59 | RM0.79 | x |
| 2025-12-31 | RM0.55 | RM0.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SLP Resources 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): 4.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.55%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.13x
- Recent ROE (4.86%) is below the historical average (10.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 19.38% | 15.08% | 1.09x | 1.18x | RM12.31 Million |
| 2017 | 11.41% | 10.67% | 0.93x | 1.15x | RM2.38 Million |
| 2018 | 13.99% | 13.48% | 0.90x | 1.15x | RM7.23 Million |
| 2019 | 11.66% | 12.89% | 0.79x | 1.15x | RM3.07 Million |
| 2020 | 9.06% | 11.20% | 0.68x | 1.19x | RM-1.71 Million |
| 2021 | 9.57% | 10.49% | 0.78x | 1.17x | RM-804.55K |
| 2022 | 10.66% | 11.08% | 0.81x | 1.19x | RM1.27 Million |
| 2023 | 5.55% | 6.53% | 0.74x | 1.15x | RM-8.50 Million |
| 2024 | 7.47% | 8.69% | 0.76x | 1.14x | RM-4.77 Million |
| 2025 | 4.86% | 5.55% | 0.77x | 1.13x | RM-8.94 Million |
Industry Comparison
This section compares SLP Resources Bhd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $166,977,172
- Average return on equity (ROE) among peers: 8.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SLP Resources Bhd (7248) | RM173.87 Million | 19.38% | 0.13x | $9.66 Million |
| HPP Holdings Bhd (0228) | $67.39 Million | 12.22% | 0.57x | $4.91 Million |
| L&P Global Berhad (0268) | $27.88 Million | 35.34% | 1.06x | $2.89 Million |
| DS Sigma Holdings Berhad (0269) | $114.25 Million | 9.64% | 0.15x | $5.12 Million |
| Scientex Bhd (4731) | $450.80 Million | 13.38% | 0.50x | $472.96 Million |
| Versatile Creative Bhd (4995) | $99.00 Million | -2.02% | 0.48x | $14.13 Million |
| Ornapaper Bhd (5065) | $115.00 Million | 6.09% | 0.81x | $3.43 Million |
| BP Plastics Holding Bhd (5100) | $154.00 Million | 6.49% | 0.29x | $8.97 Million |
| Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) | $441.46 Million | -6.48% | 1.12x | $52.74 Million |
| Box Pak (Malaysia) Bhd (6297) | $150.00 Million | 5.33% | 1.08x | $872.08K |
| Master Pack Group Bhd (7029) | $50.00 Million | 2.00% | 0.58x | $3.28 Million |