Asia Brands Bhd
Asia Brands Berhad, an investment holding company, wholesales, retails, and distributes ready-made casual wear, baby and children wear, lingerie and ladies wear, and related accessories primarily in Malaysia. The company offers a range of baby products, including fashion-wear, feeding equipment, toiletries, diapers, accessories, strollers, playpens, and other products under Anakku brand name; and… Read more
Asia Brands Bhd (7722) - Net Assets
Latest net assets as of March 2025: RM239.53 Million MYR
Based on the latest financial reports, Asia Brands Bhd (7722) has net assets worth RM239.53 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 (RM297.80 Million) and total liabilities (RM58.27 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 | RM239.53 Million |
| % of Total Assets | 80.43% |
| Annual Growth Rate | 1.86% |
| 5-Year Change | 11.81% |
| 10-Year Change | 23.05% |
| Growth Volatility | 15.72 |
Asia Brands Bhd - Net Assets Trend (2013–2025)
This chart illustrates how Asia Brands 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 Asia Brands Bhd (2013–2025)
The table below shows the annual net assets of Asia Brands Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM239.53 Million | +0.28% |
| 2024-03-31 | RM238.86 Million | +1.66% |
| 2023-03-31 | RM234.95 Million | +3.27% |
| 2022-03-31 | RM227.50 Million | +6.20% |
| 2021-03-31 | RM214.22 Million | +8.19% |
| 2020-03-31 | RM198.01 Million | +4.49% |
| 2019-03-31 | RM189.49 Million | +31.10% |
| 2018-03-31 | RM144.54 Million | +6.15% |
| 2017-03-31 | RM136.16 Million | -30.05% |
| 2016-03-31 | RM194.66 Million | -18.89% |
| 2015-03-31 | RM240.00 Million | -0.83% |
| 2014-03-31 | RM242.00 Million | +26.04% |
| 2013-03-31 | RM192.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asia Brands 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 64.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM41.14 Million | 17.18% |
| Other Components | RM198.28 Million | 82.82% |
| Total Equity | RM239.42 Million | 100.00% |
Asia Brands Bhd Competitors by Market Cap
The table below lists competitors of Asia Brands Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SKAGEN Kon-Tiki A
CO:SKIKON
|
$1.36 Million |
|
City Lodge Hotels Ltd
JSE:CLH
|
$1.36 Million |
|
RSE Archive LLC - Membership Interests Series - Honus T206 Honus Wagner Card Fund
OTCGREY:AHLAS
|
$1.36 Million |
|
Everybody Loves Languages Corp.
V:ELL
|
$1.36 Million |
|
Metro Realty Tbk
JK:MTSM
|
$1.36 Million |
|
Global Service Center Public Company Limited
BK:GSC
|
$1.36 Million |
|
Galore Resources Inc
OTCQB:GALOF
|
$1.36 Million |
|
Alerio Gold Corp
PINK:ALEEF
|
$1.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asia Brands Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 238,770,564 to 239,422,000, a change of 651,436 (0.3%).
- Net income of 2,977,000 contributed positively to equity growth.
- Dividend payments of 2,326,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.98 Million | +1.24% |
| Dividends Paid | RM2.33 Million | -0.97% |
| Other Changes | RM436.00 | +0.0% |
| Total Change | RM- | 0.27% |
Book Value vs Market Value Analysis
This analysis compares Asia Brands 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: 0.53x
- 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 0.39x to 0.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM1.40 | RM0.55 | x |
| 2018-03-31 | RM1.01 | RM0.55 | x |
| 2019-03-31 | RM0.81 | RM0.55 | x |
| 2020-03-31 | RM0.85 | RM0.55 | x |
| 2021-03-31 | RM0.92 | RM0.55 | x |
| 2022-03-31 | RM0.98 | RM0.55 | x |
| 2023-03-31 | RM1.01 | RM0.55 | x |
| 2024-03-31 | RM1.03 | RM0.55 | x |
| 2025-03-31 | RM1.03 | RM0.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asia Brands 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): 1.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.74%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.24x
- Recent ROE (1.24%) is above the historical average (-4.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -23.23% | -26.08% | 0.42x | 2.10x | RM-64.69 Million |
| 2017 | -42.96% | -35.33% | 0.52x | 2.32x | RM-72.11 Million |
| 2018 | -13.28% | -12.75% | 0.56x | 1.86x | RM-33.65 Million |
| 2019 | 2.82% | 3.37% | 0.58x | 1.45x | RM-13.61 Million |
| 2020 | 4.30% | 4.54% | 0.64x | 1.47x | RM-11.29 Million |
| 2021 | 7.57% | 9.53% | 0.58x | 1.37x | RM-5.21 Million |
| 2022 | 6.86% | 9.62% | 0.57x | 1.25x | RM-7.15 Million |
| 2023 | 5.15% | 6.56% | 0.60x | 1.31x | RM-11.40 Million |
| 2024 | 3.55% | 4.35% | 0.60x | 1.37x | RM-15.40 Million |
| 2025 | 1.24% | 1.74% | 0.58x | 1.24x | RM-20.97 Million |
Industry Comparison
This section compares Asia Brands Bhd's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $85,702,548
- Average return on equity (ROE) among peers: 0.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asia Brands Bhd (7722) | RM239.53 Million | -23.23% | 0.24x | $1.36 Million |
| Padini Holdings Bhd (7052) | $86.93 Million | 7.29% | 0.23x | $188.83 Million |
| MESB Bhd (7234) | $84.48 Million | -7.15% | 0.53x | $4.08 Million |