UPA Corporation Bhd
UPA Corporation Berhad, an investment holding company, manufactures and sells paper based products in Malaysia, North America, Europe, and the Asia Pacific. It operates through five segments: Paper Based Products, Plastic Products, Machine Trading, Healthcare Products, and Others. The company offers paper-based products, including calendars, composition books, desk pads, diaries, disc bounds, jou… Read more
UPA Corporation Bhd (7757) - Net Assets
Latest net assets as of December 2025: RM270.58 Million MYR
Based on the latest financial reports, UPA Corporation Bhd (7757) has net assets worth RM270.58 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM305.38 Million) and total liabilities (RM34.80 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 | RM270.58 Million |
| % of Total Assets | 88.6% |
| Annual Growth Rate | 3.27% |
| 5-Year Change | 0.16% |
| 10-Year Change | 16.41% |
| Growth Volatility | 4.0 |
UPA Corporation Bhd - Net Assets Trend (2012–2025)
This chart illustrates how UPA Corporation 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 UPA Corporation Bhd (2012–2025)
The table below shows the annual net assets of UPA Corporation Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM270.58 Million | -0.62% |
| 2024-12-31 | RM272.26 Million | -2.03% |
| 2023-12-31 | RM277.91 Million | +1.08% |
| 2022-12-31 | RM274.93 Million | +1.77% |
| 2021-12-31 | RM270.14 Million | +1.73% |
| 2020-12-31 | RM265.56 Million | +0.17% |
| 2019-12-31 | RM265.11 Million | +2.06% |
| 2018-12-31 | RM259.76 Million | +1.27% |
| 2017-12-31 | RM256.51 Million | +10.36% |
| 2016-12-31 | RM232.44 Million | +11.75% |
| 2015-12-31 | RM208.00 Million | +7.22% |
| 2014-12-31 | RM194.00 Million | +4.30% |
| 2013-12-31 | RM186.00 Million | +4.49% |
| 2012-12-31 | RM178.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to UPA Corporation 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 48.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM192.59 Million | 71.24% |
| Other Components | RM77.74 Million | 28.76% |
| Total Equity | RM270.33 Million | 100.00% |
UPA Corporation Bhd Competitors by Market Cap
The table below lists competitors of UPA Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peak Minerals Limited
PINK:HEGLF
|
$4.80 Million |
|
Kalgoorlie Gold Mining Limited
PINK:KALMF
|
$4.81 Million |
|
Amj Land Holdings Limited
NSE:AMJLAND
|
$4.81 Million |
|
Fangdd Network Group Ltd
NASDAQ:DUO
|
$4.81 Million |
|
MODELON AB AK B
F:3VM1
|
$4.80 Million |
|
Truscreen Group Ltd
AU:TRU
|
$4.80 Million |
|
Mr. Onion
TWO:2740
|
$4.80 Million |
|
Archidply Industries Limited
NSE:ARCHIDPLY
|
$4.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UPA Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 272,264,000 to 270,331,000, a change of -1,933,000 (-0.7%).
- Net income of 2,855,000 contributed positively to equity growth.
- Dividend payments of 4,632,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.85 Million | +1.06% |
| Dividends Paid | RM4.63 Million | -1.71% |
| Other Changes | RM-156.00K | -0.06% |
| Total Change | RM- | -0.71% |
Book Value vs Market Value Analysis
This analysis compares UPA Corporation 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: 0.57x
- 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 0.22x to 0.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM3.01 | RM0.66 | x |
| 2017-12-31 | RM3.32 | RM0.66 | x |
| 2018-12-31 | RM3.36 | RM0.66 | x |
| 2019-12-31 | RM3.43 | RM0.66 | x |
| 2020-12-31 | RM1.15 | RM0.66 | x |
| 2021-12-31 | RM1.17 | RM0.66 | x |
| 2022-12-31 | RM1.19 | RM0.66 | x |
| 2023-12-31 | RM1.20 | RM0.66 | x |
| 2024-12-31 | RM1.18 | RM0.66 | x |
| 2025-12-31 | RM1.17 | RM0.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UPA Corporation 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): 1.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.19%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.13x
- Recent ROE (1.06%) is below the historical average (5.51%), 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 | 9.16% | 11.18% | 0.70x | 1.17x | RM-1.73 Million |
| 2016 | 13.76% | 23.17% | 0.51x | 1.17x | RM8.73 Million |
| 2017 | 14.84% | 25.02% | 0.51x | 1.17x | RM12.42 Million |
| 2018 | 3.54% | 5.73% | 0.53x | 1.16x | RM-16.79 Million |
| 2019 | 4.09% | 7.02% | 0.50x | 1.16x | RM-15.65 Million |
| 2020 | 2.58% | 5.53% | 0.42x | 1.11x | RM-19.71 Million |
| 2021 | 4.02% | 7.03% | 0.52x | 1.11x | RM-16.14 Million |
| 2022 | 3.91% | 6.74% | 0.52x | 1.12x | RM-16.76 Million |
| 2023 | 3.08% | 5.71% | 0.48x | 1.14x | RM-19.23 Million |
| 2024 | 0.58% | 1.24% | 0.42x | 1.12x | RM-25.64 Million |
| 2025 | 1.06% | 2.19% | 0.43x | 1.13x | RM-24.18 Million |
Industry Comparison
This section compares UPA Corporation Bhd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $2,612,093,375
- Average return on equity (ROE) among peers: -4.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| UPA Corporation Bhd (7757) | RM270.58 Million | 9.16% | 0.13x | $4.80 Million |
| Digistar Corporation Bhd (0029) | $64.23 Million | 20.26% | 5.59x | $1.85 Million |
| Key Alliance Group Bhd (0036) | $41.31 Million | -10.37% | 0.81x | $1.39 Million |
| MSCM Holdings Bhd (0041) | $30.95 Million | 18.15% | 0.52x | $1.48 Million |
| Asdion Bhd (0068) | $11.85 Million | -65.79% | 0.48x | $1.33 Million |
| EA Holdings Bhd (0154) | $121.62 Million | -44.30% | 0.11x | $3.07 Million |
| Sports Toto Berhad (1562) | $1.25 Billion | 18.98% | 2.20x | $173.30 Million |
| Batu Kawan Bhd (1899) | $8.87 Billion | 5.88% | 0.60x | $248.59 Million |
| Hap Seng Consolidated Bhd (3034) | $6.42 Billion | 17.20% | 0.90x | $288.24 Million |
| Berjaya Assets Bhd (3239) | $2.01 Billion | -6.15% | 0.63x | $25.63 Million |
| IJM Corporation Bhd (3336) | $7.30 Billion | 5.77% | 1.07x | $1.78 Billion |