Barakah Offshore Petroleum Bhd
Barakah Offshore Petroleum Berhad, an investment holding company, engages in the provision of offshore and onshore services for oil and gas industry in Malaysia and Brunei Darussalam. The company involved in providing and carrying out onshore and offshore contracting works, such as pipeline pre-commissioning, commissioning, and de-commissioning; pipeline installation, fabrication, hook-up, topsid… Read more
Barakah Offshore Petroleum Bhd (7251) - Net Assets
Latest net assets as of March 2025: RM60.12 Million MYR
Based on the latest financial reports, Barakah Offshore Petroleum Bhd (7251) has net assets worth RM60.12 Million MYR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM143.14 Million) and total liabilities (RM83.02 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 | RM60.12 Million |
| % of Total Assets | 42.0% |
| Annual Growth Rate | -16.85% |
| 5-Year Change | N/A |
| 10-Year Change | -92.23% |
| Growth Volatility | 87.22 |
Barakah Offshore Petroleum Bhd - Net Assets Trend (2013–2023)
This chart illustrates how Barakah Offshore Petroleum 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 Barakah Offshore Petroleum Bhd (2013–2023)
The table below shows the annual net assets of Barakah Offshore Petroleum Bhd from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | RM27.34 Million | +509.30% |
| 2022-12-31 | RM-6.68 Million | -42.63% |
| 2021-12-31 | RM-4.68 Million | +94.78% |
| 2020-12-31 | RM-89.78 Million | +43.99% |
| 2019-12-31 | RM-160.28 Million | +15.04% |
| 2018-12-31 | RM-188.65 Million | -192.79% |
| 2017-12-31 | RM203.31 Million | -52.01% |
| 2016-12-31 | RM423.67 Million | +6.20% |
| 2015-12-31 | RM398.93 Million | +13.33% |
| 2014-12-31 | RM352.00 Million | +6.67% |
| 2014-09-30 | RM330.00 Million | +90.75% |
| 2013-12-31 | RM173.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Barakah Offshore Petroleum 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM25.88 Million | 100.00% |
| Total Equity | RM25.88 Million | 100.00% |
Barakah Offshore Petroleum Bhd Competitors by Market Cap
The table below lists competitors of Barakah Offshore Petroleum Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taurus Gold Corp.
PINK:TARGF
|
$548.99K |
|
The Ether Fund
OTCGREY:QETHF
|
$549.37K |
|
Clubhouse Media Group Inc
PINK:CMGR
|
$549.68K |
|
Alkame Holdings Inc
PINK:ALKM
|
$549.92K |
|
Ludan Engineering Co. Ltd
TA:LUDN
|
$548.68K |
|
MCCORMICK NON VTG
BE:MCX
|
$548.68K |
|
Space Com
TA:SCC
|
$548.47K |
|
Seneca Foods Corporation PFD $12.00
PINK:SENEM
|
$548.37K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Barakah Offshore Petroleum Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -6,681,000 to 25,878,000, a change of 32,559,000.
- Net income of 42,797,000 contributed positively to equity growth.
- Other factors decreased equity by 10,238,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM42.80 Million | +165.38% |
| Other Changes | RM-10.24 Million | -39.56% |
| Total Change | RM- | % |
Book Value vs Market Value Analysis
This analysis compares Barakah Offshore Petroleum 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: 0.19x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.01x to 0.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.48 | RM0.01 | x |
| 2016-12-31 | RM0.51 | RM0.01 | x |
| 2017-12-31 | RM0.25 | RM0.01 | x |
| 2018-12-31 | RM-0.23 | RM0.01 | x |
| 2019-12-31 | RM-0.19 | RM0.01 | x |
| 2020-12-31 | RM-0.11 | RM0.01 | x |
| 2021-12-31 | RM0.00 | RM0.01 | x |
| 2022-12-31 | RM-0.01 | RM0.01 | x |
| 2023-12-31 | RM0.03 | RM0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Barakah Offshore Petroleum 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): 165.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.97%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 5.45x
- Recent ROE (165.38%) is above the historical average (8.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 21.60% | 8.78% | 1.14x | 2.16x | RM40.81 Million |
| 2015 | 4.72% | 3.18% | 0.79x | 1.89x | RM-21.04 Million |
| 2016 | 3.43% | 2.33% | 0.76x | 1.93x | RM-27.83 Million |
| 2017 | -106.59% | -69.69% | 0.56x | 2.71x | RM-237.04 Million |
| 2018 | 0.00% | -107.77% | 1.36x | 0.00x | RM-364.31 Million |
| 2019 | 0.00% | 9.36% | 0.73x | 0.00x | RM36.71 Million |
| 2020 | 0.00% | 61.20% | 0.46x | 0.00x | RM73.32 Million |
| 2021 | 0.00% | 99.77% | 0.46x | 0.00x | RM84.21 Million |
| 2022 | 0.00% | -2.93% | 0.73x | 0.00x | RM-3.33 Million |
| 2023 | 165.38% | 31.97% | 0.95x | 5.45x | RM40.21 Million |
Industry Comparison
This section compares Barakah Offshore Petroleum Bhd's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $580,118,830
- Average return on equity (ROE) among peers: -9.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Barakah Offshore Petroleum Bhd (7251) | RM60.12 Million | 21.60% | 1.38x | $548.68K |
| Reservoir Link Energy Bhd (0219) | $21.17 Million | 15.37% | 0.78x | $9.11 Million |
| Ocean Vantage Holdings Bhd (0220) | $49.81 Million | 14.69% | 0.16x | $6.73 Million |
| Coastal Contracts Bhd (5071) | $1.09 Billion | -9.67% | 0.43x | $42.02 Million |
| Marine & General Bhd (5078) | $41.82 Million | -118.68% | 21.95x | $26.88 Million |
| Alam Maritim Resources Bhd (5115) | $-87.52 Million | 0.00% | 0.00x | $14.09 Million |
| Deleum Bhd (5132) | $358.25 Million | 4.76% | 0.70x | $34.93 Million |
| Petra Energy Bhd (5133) | $547.00 Million | 8.59% | 1.02x | $14.09 Million |
| Dayang Enterprise Holdings Bhd (5141) | $372.71 Million | 18.17% | 0.47x | $274.52 Million |
| Wah Seong Corporation Bhd (5142) | $775.89 Million | -29.42% | 2.36x | $84.25 Million |
| Malaysia Marine and Heavy Engineering Holdings Bhd (5186) | $2.64 Billion | 4.93% | 0.69x | $28.06 Million |