Ewein Bhd (7249) - Net Assets
Based on the latest financial reports, Ewein Bhd (7249) has net assets worth RM296.19 Million MYR (≈ $74.36 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 (RM558.80 Million ≈ $140.30 Million USD) and total liabilities (RM262.61 Million ≈ $65.93 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 Ewein Bhd (7249) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM296.19 Million |
| % of Total Assets | 53.01% |
| Annual Growth Rate | 10.5% |
| 5-Year Change | 19.37% |
| 10-Year Change | 112.43% |
| Growth Volatility | 12.1 |
Ewein Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Ewein Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Ewein Bhd market capitalisation.
Annual Net Assets for Ewein Bhd (2012–2025)
The table below shows the annual net assets of Ewein Bhd from 2012 to 2025. Also explore Ewein Bhd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM300.34 Million ≈ $75.40 Million |
+9.73% |
| 2024-12-31 | RM273.71 Million ≈ $68.72 Million |
+9.27% |
| 2023-12-31 | RM250.49 Million ≈ $62.89 Million |
+0.45% |
| 2022-12-31 | RM249.37 Million ≈ $62.61 Million |
-0.88% |
| 2021-12-31 | RM251.59 Million ≈ $63.17 Million |
-1.54% |
| 2020-12-31 | RM255.54 Million ≈ $64.16 Million |
-2.34% |
| 2019-12-31 | RM261.67 Million ≈ $65.70 Million |
+13.51% |
| 2018-12-31 | RM230.53 Million ≈ $57.88 Million |
+21.47% |
| 2017-12-31 | RM189.79 Million ≈ $47.65 Million |
+34.24% |
| 2016-12-31 | RM141.38 Million ≈ $35.50 Million |
+8.75% |
| 2015-12-31 | RM130.00 Million ≈ $32.64 Million |
+17.12% |
| 2014-12-31 | RM111.00 Million ≈ $27.87 Million |
+33.73% |
| 2013-12-31 | RM83.00 Million ≈ $20.84 Million |
+1.22% |
| 2012-12-31 | RM82.00 Million ≈ $20.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ewein 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 150.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM99.85 Million | 34.99% |
| Common Stock | RM185.96 Million | 65.16% |
| Total Equity | RM285.39 Million | 100.00% |
Ewein Bhd Competitors by Market Cap
The table below lists competitors of Ewein Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Micropolis Holding Company
NYSE:MCRP
|
$82.28 Million |
|
R. Stahl AG NA O.N.
F:RSL2
|
$82.29 Million |
|
OM INFRA LIMITED
NSE:OMINFRAL
|
$82.31 Million |
|
Bukit Darmo Property Tbk
JK:BKDP
|
$82.33 Million |
|
Chegg Inc
NYSE:CHGG
|
$82.26 Million |
|
IX Acquisition Corp
NASDAQ:IXAQ
|
$82.25 Million |
|
IT City Public Company Limited
BK:IT
|
$82.23 Million |
|
ShareHope Medicine Co Ltd
TWO:8403
|
$82.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ewein Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 274,603,000 to 285,387,000, a change of 10,784,000 (3.9%).
- Net income of 3,377,000 contributed positively to equity growth.
- New share issuances of 27,981,200 increased equity.
- Other factors decreased equity by 20,574,200.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM3.38 Million | +1.18% |
| Share Issuances | RM27.98 Million | +9.8% |
| Other Changes | RM-20.57 Million | -7.21% |
| Total Change | RM- | 3.93% |
Book Value vs Market Value Analysis
This analysis compares Ewein 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: 1.01x
- 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 1.64x to 1.01x 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 | RM0.54 | RM0.89 | x |
| 2017-12-31 | RM0.59 | RM0.89 | x |
| 2018-12-31 | RM0.73 | RM0.89 | x |
| 2019-12-31 | RM0.86 | RM0.89 | x |
| 2020-12-31 | RM0.85 | RM0.89 | x |
| 2021-12-31 | RM0.83 | RM0.89 | x |
| 2022-12-31 | RM0.83 | RM0.89 | x |
| 2023-12-31 | RM0.83 | RM0.89 | x |
| 2024-12-31 | RM0.90 | RM0.89 | x |
| 2025-12-31 | RM0.88 | RM0.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ewein 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): 1.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.76%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.96x
- Recent ROE (1.18%) is below the historical average (5.21%), 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 | 8.14% | 16.42% | 0.18x | 2.72x | RM-2.62 Million |
| 2017 | 2.69% | 5.19% | 0.26x | 2.02x | RM-13.87 Million |
| 2018 | 16.94% | 19.77% | 0.45x | 1.91x | RM15.99 Million |
| 2019 | 14.45% | 15.86% | 0.54x | 1.69x | RM11.65 Million |
| 2020 | 3.81% | 5.02% | 0.53x | 1.43x | RM-15.83 Million |
| 2021 | 2.63% | 6.76% | 0.31x | 1.25x | RM-18.55 Million |
| 2022 | -0.22% | -1.16% | 0.17x | 1.14x | RM-25.48 Million |
| 2023 | 0.45% | 2.91% | 0.12x | 1.29x | RM-23.93 Million |
| 2024 | 2.05% | 8.52% | 0.16x | 1.52x | RM-21.82 Million |
| 2025 | 1.18% | 3.76% | 0.16x | 1.96x | RM-25.16 Million |
Industry Comparison
This section compares Ewein Bhd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $607,560,515
- Average return on equity (ROE) among peers: -0.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ewein Bhd (7249) | RM296.19 Million | 8.14% | 0.89x | $82.26 Million |
| Vinvest Capital Holdings Bhd (0069) | $536.55 Million | -12.71% | 0.29x | $3.65 Million |
| Gagasan Nadi Cergas Berhad (0206) | $441.26 Million | 5.73% | 1.10x | $57.66 Million |
| Vestland Berhad (0273) | $46.45 Million | 22.90% | 2.63x | $232.34 Million |
| Global Oriental Bhd (1147) | $253.00 Million | 11.86% | 2.00x | $9.70 Million |
| Pan Malaysia Holdings Bhd (1287) | $28.01 Million | -47.59% | 0.90x | $291.51 Million |
| GuocoLand (Malaysia) Bhd (1503) | $1.39 Billion | 4.78% | 1.04x | $3.35 Million |
| Symphony Life Bhd (1538) | $820.22 Million | 9.53% | 0.79x | $29.75 Million |
| Iskandar Waterfront City Bhd (1589) | $770.75 Million | -1.19% | 1.36x | $48.57 Million |
| Paramount Corporation Bhd (1724) | $952.00 Million | 6.72% | 0.74x | $154.79 Million |
| Selangor Dredging Bhd (2224) | $836.46 Million | -0.54% | 0.68x | $49.21 Million |
About Ewein Bhd
Skygate Solutions Berhad, an investment holding company, engages in the manufacturing, property development and construction, and property management businesses. The company manufactures precision sheet metal fabricated parts, and designs and fabricates moulds, tools, and dies; and electronic components and medical equipment components. It also develops residential properties; trades in construct… Read more