DKLS Industries Bhd (7528) - Net Assets

Latest as of March 2026: RM494.25 Million MYR ≈ $124.09 Million USD

Based on the latest financial reports, DKLS Industries Bhd (7528) has net assets worth RM494.25 Million MYR (≈ $124.09 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 (RM579.91 Million ≈ $145.60 Million USD) and total liabilities (RM85.66 Million ≈ $21.51 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 7528 asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM494.25 Million
% of Total Assets	85.23%
Annual Growth Rate	3.96%
5-Year Change	15.82%
10-Year Change	23.38%
Growth Volatility	3.06

DKLS Industries Bhd - Net Assets Trend (2012–2025)

This chart illustrates how DKLS Industries Bhd's net assets have evolved over time, based on quarterly financial data. Check 7528 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for DKLS Industries Bhd (2012–2025)

The table below shows the annual net assets of DKLS Industries Bhd from 2012 to 2025. For live valuation and market cap data, see DKLS Industries Bhd (7528) market capitalisation.

Year	Net Assets	Change
2025-12-31	RM485.45 Million ≈ $121.88 Million	+3.71%
2024-12-31	RM468.10 Million ≈ $117.52 Million	+5.66%
2023-12-31	RM443.02 Million ≈ $111.23 Million	+5.53%
2022-12-31	RM419.80 Million ≈ $105.40 Million	+0.16%
2021-12-31	RM419.14 Million ≈ $105.23 Million	+2.61%
2020-12-31	RM408.48 Million ≈ $102.56 Million	+2.03%
2019-12-31	RM400.37 Million ≈ $100.52 Million	+0.36%
2018-12-31	RM398.93 Million ≈ $100.16 Million	+1.51%
2017-12-31	RM392.99 Million ≈ $98.67 Million	-0.12%
2016-12-31	RM393.45 Million ≈ $98.78 Million	+6.63%
2015-12-31	RM369.00 Million ≈ $92.64 Million	+8.85%
2014-12-31	RM339.00 Million ≈ $85.11 Million	+6.27%
2013-12-31	RM319.00 Million ≈ $80.09 Million	+8.87%
2012-12-31	RM293.00 Million ≈ $73.56 Million	--

Equity Component Analysis

This analysis shows how different components contribute to DKLS Industries 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 57.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM383.56 Million	79.01%
Common Stock	RM101.88 Million	20.99%
Total Equity	RM485.45 Million	100.00%

DKLS Industries Bhd Competitors by Market Cap

The table below lists competitors of DKLS Industries Bhd ranked by their market capitalization.

Company	Market Cap
IBKS No2 SPAC KQ:204840	$42.59 Million
Apollo Minerals Ltd AU:AON	$42.60 Million
ALANDEQGRP FPO AU:AEG	$42.63 Million
Megastar Foods Limited NSE:MEGASTAR	$42.63 Million
Prodways Group SA PA:PWG	$42.59 Million
PetMed Express Inc NASDAQ:PETS	$42.59 Million
Bioptik Technology TWO:4161	$42.58 Million
Poh Huat Resources Holdings KLSE:7088	$42.58 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in DKLS Industries Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 468,100,540 to 485,448,500, a change of 17,347,960 (3.7%).
Net income of 21,283,450 contributed positively to equity growth.
Dividend payments of 2,780,990 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM21.28 Million	+4.38%
Dividends Paid	RM2.78 Million	-0.57%
Other Changes	RM-1.15 Million	-0.24%
Total Change	RM-	3.71%

Book Value vs Market Value Analysis

This analysis compares DKLS Industries 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: 0.35x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	RM4.24	RM1.83	x
2017-12-31	RM4.24	RM1.83	x
2018-12-31	RM4.30	RM1.83	x
2019-12-31	RM4.32	RM1.83	x
2020-12-31	RM4.41	RM1.83	x
2021-12-31	RM4.52	RM1.83	x
2022-12-31	RM4.53	RM1.83	x
2023-12-31	RM4.78	RM1.83	x
2024-12-31	RM5.05	RM1.83	x
2025-12-31	RM5.24	RM1.83	x

Capital Efficiency Dashboard

This dashboard shows how efficiently DKLS Industries 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): 4.38%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.83%
• Asset Turnover: 0.29x
• Equity Multiplier: 1.18x
Recent ROE (4.38%) is below the historical average (4.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	6.71%	10.67%	0.35x	1.81x	RM-11.76 Million
2016	12.94%	20.67%	0.38x	1.65x	RM11.55 Million
2017	1.40%	2.37%	0.36x	1.65x	RM-33.79 Million
2018	1.39%	2.55%	0.38x	1.43x	RM-34.35 Million
2019	1.49%	3.19%	0.34x	1.37x	RM-34.08 Million
2020	3.19%	7.55%	0.32x	1.31x	RM-27.83 Million
2021	3.78%	8.69%	0.34x	1.30x	RM-26.08 Million
2022	2.88%	6.74%	0.35x	1.22x	RM-29.87 Million
2023	6.33%	17.12%	0.32x	1.15x	RM-16.24 Million
2024	5.97%	15.56%	0.34x	1.13x	RM-18.85 Million
2025	4.38%	12.83%	0.29x	1.18x	RM-27.26 Million

Industry Comparison

This section compares DKLS Industries 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
DKLS Industries Bhd (7528)	RM494.25 Million	6.71%	0.17x	$42.59 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 DKLS Industries Bhd

KLSE:7528 Malaysia Engineering & Construction

Market Cap

$42.59 Million

RM169.64 Million MYR

Market Cap Rank

#22472 Global

#514 in Malaysia

Share Price

RM1.83

Change (1 day)

+28.87%

52-Week Range

RM1.40 - RM1.88

All Time High

RM2.23