EP Manufacturing Bhd (7773) - Net Assets

Latest as of March 2026: RM369.67 Million MYR ≈ $92.81 Million USD

Based on the latest financial reports, EP Manufacturing Bhd (7773) has net assets worth RM369.67 Million MYR (≈ $92.81 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 (RM725.86 Million ≈ $182.24 Million USD) and total liabilities (RM356.20 Million ≈ $89.43 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 7773 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM369.67 Million
% of Total Assets	50.93%
Annual Growth Rate	1.16%
5-Year Change	40.56%
10-Year Change	15.26%
Growth Volatility	7.4

EP Manufacturing Bhd - Net Assets Trend (2012–2025)

This chart illustrates how EP Manufacturing Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 7773 market cap.

Annual Net Assets for EP Manufacturing Bhd (2012–2025)

The table below shows the annual net assets of EP Manufacturing Bhd from 2012 to 2025. Also explore EP Manufacturing Bhd net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	RM368.37 Million ≈ $92.49 Million	+1.46%
2024-12-31	RM363.09 Million ≈ $91.16 Million	+18.90%
2023-12-31	RM305.38 Million ≈ $76.67 Million	+7.58%
2022-12-31	RM283.85 Million ≈ $71.27 Million	+8.31%
2021-12-31	RM262.06 Million ≈ $65.80 Million	+5.86%
2020-12-31	RM247.55 Million ≈ $62.15 Million	-5.81%
2019-12-31	RM262.82 Million ≈ $65.98 Million	-5.53%
2018-12-31	RM278.19 Million ≈ $69.84 Million	-4.26%
2017-12-31	RM290.55 Million ≈ $72.95 Million	-9.09%
2016-12-31	RM319.59 Million ≈ $80.24 Million	-5.45%
2015-12-31	RM338.00 Million ≈ $84.86 Million	-0.29%
2014-12-31	RM339.00 Million ≈ $85.11 Million	+3.67%
2013-12-31	RM327.00 Million ≈ $82.10 Million	+3.15%
2012-12-31	RM317.00 Million ≈ $79.59 Million	--

Equity Component Analysis

This analysis shows how different components contribute to EP Manufacturing 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 24.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM110.18 Million	29.91%
Common Stock	RM258.19 Million	70.09%
Total Equity	RM368.37 Million	100.00%

EP Manufacturing Bhd Competitors by Market Cap

The table below lists competitors of EP Manufacturing Bhd ranked by their market capitalization.

Company	Market Cap
Groupe Partouche SA PA:PAR	$36.67 Million
AS Ekspress Grupp F:DYC	$36.68 Million
Demisas Dokum Emaye Mamulleri Sanayi AS IS:DMSAS	$36.69 Million
Elliptic Laboratories AS OL:ELABS	$36.69 Million
FreeMs Corporation KQ:053160	$36.65 Million
Bluerock Homes Trust Inc. NYSE MKT:BHM	$36.64 Million
IGLOO SECURITY Inc KQ:067920	$36.63 Million
Smr Utama Tbk JK:SMRU	$36.62 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 363,086,000 to 368,369,000, a change of 5,283,000 (1.5%).
Net income of 9,383,000 contributed positively to equity growth.
Dividend payments of 1,360,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM9.38 Million	+2.55%
Dividends Paid	RM1.36 Million	-0.37%
Other Changes	RM-2.74 Million	-0.74%
Total Change	RM-	1.46%

Book Value vs Market Value Analysis

This analysis compares EP Manufacturing 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: 0.40x
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 0.25x to 0.40x 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	RM2.01	RM0.51	x
2017-12-31	RM1.83	RM0.51	x
2018-12-31	RM1.75	RM0.51	x
2019-12-31	RM1.66	RM0.51	x
2020-12-31	RM1.57	RM0.51	x
2021-12-31	RM1.33	RM0.51	x
2022-12-31	RM1.29	RM0.51	x
2023-12-31	RM1.39	RM0.51	x
2024-12-31	RM1.27	RM0.51	x
2025-12-31	RM1.29	RM0.51	x

Capital Efficiency Dashboard

This dashboard shows how efficiently EP Manufacturing 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): 2.55%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.69%
• Asset Turnover: 0.76x
• Equity Multiplier: 1.98x
Recent ROE (2.55%) is above the historical average (-2.06%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	-5.42%	-3.98%	0.62x	2.19x	RM-49.27 Million
2017	-10.31%	-6.34%	0.68x	2.41x	RM-59.00 Million
2018	-4.28%	-2.52%	0.77x	2.22x	RM-39.71 Million
2019	-5.81%	-3.15%	0.83x	2.23x	RM-41.56 Million
2020	-6.12%	-3.71%	0.76x	2.17x	RM-39.91 Million
2021	-3.12%	-2.37%	0.65x	2.03x	RM-34.39 Million
2022	0.14%	0.08%	0.84x	2.16x	RM-27.99 Million
2023	6.67%	3.13%	1.05x	2.02x	RM-10.18 Million
2024	5.08%	3.10%	0.91x	1.81x	RM-17.86 Million
2025	2.55%	1.69%	0.76x	1.98x	RM-27.45 Million

Industry Comparison

This section compares EP Manufacturing Bhd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $303,683,457
Average return on equity (ROE) among peers: 5.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
EP Manufacturing Bhd (7773)	RM369.67 Million	-5.42%	0.96x	$36.67 Million
Eversafe Rubber Bhd (0190)	$56.88 Million	-6.80%	1.04x	$7.25 Million
Betamek Bhd (0263)	$143.22 Million	13.99%	0.27x	$75.75 Million
APM Automotive Holdings Bhd (5015)	$1.20 Billion	4.05%	0.32x	$143.81 Million
ABM Fujiya Bhd (5198)	$146.49 Million	-10.35%	2.18x	$10.17 Million
Globaltec Formation Bhd (5220)	$281.52 Million	2.65%	0.52x	$63.85 Million
Solid Automotive Bhd (5242)	$237.03 Million	2.82%	0.34x	$15.65 Million
Pecca Group Bhd (5271)	$69.74 Million	25.72%	0.56x	$241.91 Million
Feytech Holdings Berhad (5322)	$244.23 Million	19.51%	0.32x	$47.63 Million
MCE Holdings Bhd (7004)	$82.83 Million	-8.22%	0.32x	$60.11 Million
New Hoong Fatt Holdings Bhd (7060)	$574.72 Million	7.65%	0.14x	$53.97 Million

About EP Manufacturing Bhd

KLSE:7773 Malaysia Auto Parts

Market Cap

$36.67 Million

RM146.05 Million MYR

Market Cap Rank

#23161 Global

#547 in Malaysia

Share Price

RM0.51

Change (1 day)

+4.08%

52-Week Range

RM0.35 - RM0.57

All Time High

RM1.36