EP Manufacturing Bhd (7773) - Net Assets
Based on the latest financial reports, EP Manufacturing Bhd (7773) has net assets worth RM368.37 Million MYR (≈ $92.49 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 (RM730.23 Million ≈ $183.34 Million USD) and total liabilities (RM361.86 Million ≈ $90.85 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 EP Manufacturing Bhd (7773) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM368.37 Million |
| % of Total Assets | 50.45% |
| 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. Also explore 7773 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of EP Manufacturing Bhd.
| 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 |
|---|---|
|
Sentronic International
TWO:3232
|
$32.72 Million |
|
Shanghai Kai Kai Industry Co Ltd B
SHG:900943
|
$32.72 Million |
|
Globus Maritime Ltd
NASDAQ:GLBS
|
$32.73 Million |
|
Lipum AB
ST:LIPUM
|
$32.76 Million |
|
K-Tech Solutions Company Limited Class A Ordinary Shares
NASDAQ:KMRK
|
$32.70 Million |
|
Kekrops S.A.
AT:KEKR
|
$32.68 Million |
|
Matahari Putra Prima Tbk
JK:MPPA
|
$32.67 Million |
|
Digitalx Ltd
AU:DCC
|
$32.65 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: 0.35x
- 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 0.35x 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 | RM0.46 | x |
| 2017-12-31 | RM1.83 | RM0.46 | x |
| 2018-12-31 | RM1.75 | RM0.46 | x |
| 2019-12-31 | RM1.66 | RM0.46 | x |
| 2020-12-31 | RM1.57 | RM0.46 | x |
| 2021-12-31 | RM1.33 | RM0.46 | x |
| 2022-12-31 | RM1.29 | RM0.46 | x |
| 2023-12-31 | RM1.39 | RM0.46 | x |
| 2024-12-31 | RM1.27 | RM0.46 | x |
| 2025-12-31 | RM1.29 | RM0.46 | 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: $271,310,536
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EP Manufacturing Bhd (7773) | RM368.37 Million | -5.42% | 0.98x | $32.71 Million |
| Eversafe Rubber Bhd (0190) | $59.11 Million | -7.55% | 1.21x | $4.83 Million |
| Betamek Bhd (0263) | $143.22 Million | 13.99% | 0.27x | $71.76 Million |
| APM Automotive Holdings Bhd (5015) | $1.23 Billion | 3.11% | 0.38x | $154.12 Million |
| ABM Fujiya Bhd (5198) | $163.76 Million | 0.92% | 0.89x | $11.07 Million |
| Globaltec Formation Bhd (5220) | $238.57 Million | 0.98% | 0.52x | $59.46 Million |
| Solid Automotive Bhd (5242) | $66.00 Million | 13.64% | 0.35x | $16.95 Million |
| Pecca Group Bhd (5271) | $155.35 Million | 5.40% | 0.10x | $267.37 Million |
| Feytech Holdings Berhad (5322) | $85.48 Million | 32.28% | 0.71x | $49.75 Million |
| MCE Holdings Bhd (7004) | $78.43 Million | -1.06% | 0.51x | $55.95 Million |
| New Hoong Fatt Holdings Bhd (7060) | $489.12 Million | 4.00% | 0.24x | $61.02 Million |
About EP Manufacturing Bhd
EP Manufacturing Bhd, an investment holding company, engages in the manufacture, distribution, and sale of automotive parts and components in Malaysia and Saudi Arabia. The company offers metal based automotive components, including inner body panels and assemblies, chassis panels and assemblies, corner modules, rear axle modules, and fuel tank modules; and car seats and engineering plastic based… Read more