MyTech Group Bhd
MyTech Group Berhad, an investment holding company, engages in the manufacture of precision springs in Malaysia and Laos. It operates through Manufacturing, Hotel, Financing, and Others segments. The company's precision springs are used in various industries, such as electrical, electronics, automotive, general household, and consumer products. It also provides financing, insurance agency, and ma… Read more
MyTech Group Bhd (7692) - Net Assets
Latest net assets as of September 2025: RM52.88 Million MYR
Based on the latest financial reports, MyTech Group Bhd (7692) has net assets worth RM52.88 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM54.34 Million) and total liabilities (RM1.46 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 | RM52.88 Million |
| % of Total Assets | 97.31% |
| Annual Growth Rate | 3.55% |
| 5-Year Change | 23.08% |
| 10-Year Change | 40.89% |
| Growth Volatility | 5.9 |
MyTech Group Bhd - Net Assets Trend (2013–2025)
This chart illustrates how MyTech Group 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 MyTech Group Bhd (2013–2025)
The table below shows the annual net assets of MyTech Group Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM44.10 Million | +6.36% |
| 2024-03-31 | RM41.46 Million | +6.18% |
| 2023-03-31 | RM39.05 Million | +5.18% |
| 2022-03-31 | RM37.12 Million | +3.61% |
| 2021-03-31 | RM35.83 Million | -6.32% |
| 2020-03-31 | RM38.25 Million | +3.37% |
| 2019-03-31 | RM37.00 Million | +6.07% |
| 2018-03-31 | RM34.89 Million | +3.10% |
| 2017-03-31 | RM33.84 Million | +8.10% |
| 2016-03-31 | RM31.30 Million | +7.94% |
| 2015-03-31 | RM29.00 Million | +11.54% |
| 2014-03-31 | RM26.00 Million | -10.34% |
| 2013-03-31 | RM29.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MyTech Group 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 1266620000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM44.89 Million | 101.78% |
| Total Equity | RM44.10 Million | 100.00% |
MyTech Group Bhd Competitors by Market Cap
The table below lists competitors of MyTech Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
De Tam JSC
VN:DTA
|
$2.22 Million |
|
Bell Copper Corporation
OTCQB:BCUFF
|
$2.22 Million |
|
CEKD Bhd
KLSE:0238
|
$2.22 Million |
|
JSS Real Estate SOCIMI SA
MC:YJSS
|
$2.23 Million |
|
ALANDEQGRP FPO
AU:AEG
|
$2.22 Million |
|
Vault Strategic Mining Corp.
V:KNOX
|
$2.22 Million |
|
0QDW
LSE:0QDW
|
$2.22 Million |
|
capsensixx AG
XETRA:CPX
|
$2.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MyTech Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 41,463,880 to 44,101,100, a change of 2,637,220 (6.4%).
- Net income of 2,613,640 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.61 Million | +5.93% |
| Other Changes | RM23.58K | +0.05% |
| Total Change | RM- | 6.36% |
Book Value vs Market Value Analysis
This analysis compares MyTech Group 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: 1.32x
- 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 1.72x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.15 | RM0.26 | x |
| 2018-03-31 | RM0.16 | RM0.26 | x |
| 2019-03-31 | RM0.17 | RM0.26 | x |
| 2020-03-31 | RM0.17 | RM0.26 | x |
| 2021-03-31 | RM0.16 | RM0.26 | x |
| 2022-03-31 | RM0.17 | RM0.26 | x |
| 2023-03-31 | RM0.17 | RM0.26 | x |
| 2024-03-31 | RM0.19 | RM0.26 | x |
| 2025-03-31 | RM0.20 | RM0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MyTech Group 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): 5.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.47%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.05x
- Recent ROE (5.93%) is above the historical average (2.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.45% | 14.18% | 0.20x | 1.20x | RM-2.05 Million |
| 2017 | 2.86% | 14.63% | 0.17x | 1.13x | RM-2.42 Million |
| 2018 | 5.72% | 26.90% | 0.19x | 1.11x | RM-1.49 Million |
| 2019 | 4.16% | 18.32% | 0.21x | 1.10x | RM-2.16 Million |
| 2020 | 1.75% | 7.90% | 0.20x | 1.09x | RM-3.15 Million |
| 2021 | -6.12% | -18.55% | 0.30x | 1.11x | RM-5.78 Million |
| 2022 | 3.40% | 11.80% | 0.26x | 1.09x | RM-2.45 Million |
| 2023 | 2.72% | 11.36% | 0.22x | 1.08x | RM-2.84 Million |
| 2024 | 5.92% | 23.48% | 0.24x | 1.04x | RM-1.69 Million |
| 2025 | 5.93% | 18.47% | 0.31x | 1.05x | RM-1.80 Million |
Industry Comparison
This section compares MyTech Group Bhd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $237,716,889
- Average return on equity (ROE) among peers: -0.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MyTech Group Bhd (7692) | RM52.88 Million | 3.45% | 0.03x | $2.22 Million |
| MQ Technology Bhd (0070) | $64.05 Million | -18.72% | 0.20x | $3.13 Million |
| Techfast Holdings Bhd (0084) | $108.51 Million | -5.23% | 0.14x | $1.95 Million |
| Sanichi Technology Bhd (0133) | $262.70 Million | -8.95% | 0.36x | $1.16 Million |
| Chin Well Holdings Bhd (5007) | $627.93 Million | -0.74% | 0.12x | $9.01 Million |
| Tong Herr Resources Bhd (5010) | $458.00 Million | -0.66% | 0.40x | $8.83 Million |
| HPMT Holdings Bhd (5291) | $54.82 Million | 22.92% | 0.85x | $2.77 Million |
| Jasa Kita Bhd (8648) | $88.00 Million | 6.82% | 0.03x | $2.60 Million |