UPA Corporation Bhd (7757) - Net Assets

Latest as of December 2025: RM270.58 Million MYR ≈ $67.93 Million USD

Based on the latest financial reports, UPA Corporation Bhd (7757) has net assets worth RM270.58 Million MYR (≈ $67.93 Million USD) 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 ≈ $76.67 Million USD) and total liabilities (RM34.80 Million ≈ $8.74 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. Check UPA Corporation Bhd (7757) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore UPA Corporation Bhd (7757) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of UPA Corporation Bhd.

Year	Net Assets	Change
2025-12-31	RM270.58 Million ≈ $67.93 Million	-0.62%
2024-12-31	RM272.26 Million ≈ $68.36 Million	-2.03%
2023-12-31	RM277.91 Million ≈ $69.77 Million	+1.08%
2022-12-31	RM274.93 Million ≈ $69.03 Million	+1.77%
2021-12-31	RM270.14 Million ≈ $67.82 Million	+1.73%
2020-12-31	RM265.56 Million ≈ $66.67 Million	+0.17%
2019-12-31	RM265.11 Million ≈ $66.56 Million	+2.06%
2018-12-31	RM259.76 Million ≈ $65.22 Million	+1.27%
2017-12-31	RM256.51 Million ≈ $64.40 Million	+10.36%
2016-12-31	RM232.44 Million ≈ $58.36 Million	+11.75%
2015-12-31	RM208.00 Million ≈ $52.22 Million	+7.22%
2014-12-31	RM194.00 Million ≈ $48.71 Million	+4.30%
2013-12-31	RM186.00 Million ≈ $46.70 Million	+4.49%
2012-12-31	RM178.00 Million ≈ $44.69 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
Metacon AB ST:META	$39.55 Million
BG Staffing Inc NYSE:BGSF	$39.55 Million
Compumedics Ltd AU:CMP	$39.58 Million
Ascelia Pharma AB (publ) ST:ACE	$39.59 Million
TVI Pacific Inc V:TVI	$39.53 Million
Hikma Pharmaceuticals PLC LSE:HIK	$39.53 Million
GBK Beteiligungen AG HM:GBQ	$39.49 Million
German High Street Properties A/S Class B CO:GERHSP	$39.45 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: 0.58x
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 0.23x to 0.58x 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	RM0.68	x
2017-12-31	RM3.32	RM0.68	x
2018-12-31	RM3.36	RM0.68	x
2019-12-31	RM3.43	RM0.68	x
2020-12-31	RM1.15	RM0.68	x
2021-12-31	RM1.17	RM0.68	x
2022-12-31	RM1.19	RM0.68	x
2023-12-31	RM1.20	RM0.68	x
2024-12-31	RM1.18	RM0.68	x
2025-12-31	RM1.17	RM0.68	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: $1,953,998,935
Average return on equity (ROE) among peers: -4.30%

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	$39.54 Million
Digistar Corporation Bhd (0029)	$55.11 Million	-5.17%	5.64x	$6.30 Million
Key Alliance Group Bhd (0036)	$112.06 Million	-18.37%	0.33x	$2.31 Million
MSCM Holdings Bhd (0041)	$300.56 Million	4.29%	0.18x	$14.11 Million
Asdion Bhd (0068)	$8.16 Million	-27.34%	1.22x	$1.92 Million
EA Holdings Bhd (0154)	$121.62 Million	-44.30%	0.11x	$8.10 Million
Sports Toto Berhad (1562)	$875.11 Million	20.71%	2.28x	$430.06 Million
Batu Kawan Bhd (1899)	$5.66 Billion	6.42%	2.85x	$2.00 Billion
Kuala Lumpur Kepong Bhd (2445)	$7.95 Billion	11.54%	0.48x	$5.65 Billion
Hap Seng Consolidated Bhd (3034)	$2.58 Billion	12.18%	1.15x	$1.79 Billion
Berjaya Assets Bhd (3239)	$1.87 Billion	-2.93%	0.66x	$205.54 Million

About UPA Corporation Bhd

KLSE:7757 Malaysia Conglomerates

Market Cap

$39.54 Million

RM157.50 Million MYR

Market Cap Rank

#22839 Global

#533 in Malaysia

Share Price

RM0.68

Change (1 day)

+0.00%

52-Week Range

RM0.62 - RM0.72

All Time High

RM0.85