Rubberex Corporation M Bhd
Hextar Healthcare Berhad, an investment holding company, produces, sells, and exports household gloves, industrial gloves, and nitrile disposable gloves in Europe, Asia, North and South America, and internationally. The company operates through Gloves Operation, Medical Devices Operation, and Investment Holding segments. It offers latex, neoprene, and two tone gloves. The company also manufacture… Read more
Rubberex Corporation M Bhd (7803) - Net Assets
Latest net assets as of September 2025: RM484.42 Million MYR
Based on the latest financial reports, Rubberex Corporation M Bhd (7803) has net assets worth RM484.42 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM510.97 Million) and total liabilities (RM26.55 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 | RM484.42 Million |
| % of Total Assets | 94.8% |
| Annual Growth Rate | 9.03% |
| 5-Year Change | 33.99% |
| 10-Year Change | 105.54% |
| Growth Volatility | 24.74 |
Rubberex Corporation M Bhd - Net Assets Trend (2006–2024)
This chart illustrates how Rubberex Corporation M 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 Rubberex Corporation M Bhd (2006–2024)
The table below shows the annual net assets of Rubberex Corporation M Bhd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM506.05 Million | -6.71% |
| 2023-12-31 | RM542.43 Million | -10.27% |
| 2022-12-31 | RM604.54 Million | +0.57% |
| 2021-12-31 | RM601.14 Million | +59.17% |
| 2020-12-31 | RM377.67 Million | +84.21% |
| 2019-12-31 | RM205.02 Million | -4.40% |
| 2018-12-31 | RM214.45 Million | -22.46% |
| 2017-12-31 | RM276.59 Million | +9.82% |
| 2016-12-31 | RM251.86 Million | +2.30% |
| 2015-12-31 | RM246.20 Million | +19.41% |
| 2014-12-31 | RM206.19 Million | +5.91% |
| 2013-12-31 | RM194.68 Million | +8.01% |
| 2012-12-31 | RM180.24 Million | +7.64% |
| 2011-12-31 | RM167.45 Million | +11.08% |
| 2010-12-31 | RM150.75 Million | -8.05% |
| 2009-12-31 | RM163.96 Million | +2.70% |
| 2008-12-31 | RM159.65 Million | +12.47% |
| 2007-12-31 | RM141.96 Million | +32.90% |
| 2006-12-31 | RM106.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rubberex Corporation M 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 1913.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM232.99 Million | 45.86% |
| Common Stock | RM361.39 Million | 71.13% |
| Total Equity | RM508.07 Million | 100.00% |
Rubberex Corporation M Bhd Competitors by Market Cap
The table below lists competitors of Rubberex Corporation M Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Megastar Foods Limited
NSE:MEGASTAR
|
$9.30 Million |
|
Lepidico Ltd
AU:LPD
|
$9.30 Million |
|
DONKEYREPUBLIC HLD.DK-10
F:6UJ
|
$9.31 Million |
|
EverGen Infrastructure Corp
OTCQX:EVGIF
|
$9.31 Million |
|
Euro Kapital Yatirim Ortakligi AS
IS:EUKYO
|
$9.29 Million |
|
Tingsvalvet Fastighets AB
ST:TINGS-A
|
$9.29 Million |
|
Kainantu Resources Ltd.
PINK:KRLCF
|
$9.29 Million |
|
SWISS LIFE HLDG N
MU:SLW
|
$9.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rubberex Corporation M Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 542,428,721 to 508,070,000, a change of -34,358,721 (-6.3%).
- Net loss of 13,920,000 reduced equity.
- New share issuances of 20,079,000 increased equity.
- Other comprehensive income decreased equity by 2,402,107.
- Other factors decreased equity by 38,115,614.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-13.92 Million | -2.74% |
| Share Issuances | RM20.08 Million | +3.95% |
| Other Comprehensive Income | RM-2.40 Million | -0.47% |
| Other Changes | RM-38.12 Million | -7.5% |
| Total Change | RM- | -6.33% |
Book Value vs Market Value Analysis
This analysis compares Rubberex Corporation M 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: 0.15x
- 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 decreased from 0.36x to 0.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | RM0.21 | RM0.08 | x |
| 2007-12-31 | RM0.28 | RM0.08 | x |
| 2008-12-31 | RM0.23 | RM0.08 | x |
| 2009-12-31 | RM0.24 | RM0.08 | x |
| 2010-12-31 | RM0.22 | RM0.08 | x |
| 2011-12-31 | RM0.28 | RM0.08 | x |
| 2012-12-31 | RM0.28 | RM0.08 | x |
| 2013-12-31 | RM0.28 | RM0.08 | x |
| 2014-12-31 | RM0.30 | RM0.08 | x |
| 2015-12-31 | RM0.36 | RM0.08 | x |
| 2016-12-31 | RM0.37 | RM0.08 | x |
| 2017-12-31 | RM0.38 | RM0.08 | x |
| 2018-12-31 | RM0.28 | RM0.08 | x |
| 2019-12-31 | RM0.27 | RM0.08 | x |
| 2020-12-31 | RM0.47 | RM0.08 | x |
| 2021-12-31 | RM0.71 | RM0.08 | x |
| 2022-12-31 | RM0.68 | RM0.08 | x |
| 2023-12-31 | RM0.54 | RM0.08 | x |
| 2024-12-31 | RM0.49 | RM0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rubberex Corporation M 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): -2.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.47%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.06x
- Recent ROE (-2.74%) is below the historical average (4.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.90% | 5.67% | 0.65x | 1.87x | RM-3.09 Million |
| 2007 | -1.21% | -1.12% | 0.60x | 1.79x | RM-15.06 Million |
| 2008 | 5.88% | 3.14% | 0.91x | 2.06x | RM-6.06 Million |
| 2009 | 10.97% | 5.45% | 0.99x | 2.03x | RM1.53 Million |
| 2010 | 4.40% | 1.92% | 1.08x | 2.12x | RM-8.41 Million |
| 2011 | 5.32% | 2.38% | 1.13x | 1.98x | RM-7.84 Million |
| 2012 | 12.22% | 5.85% | 1.18x | 1.78x | RM4.01 Million |
| 2013 | 0.21% | 0.13% | 1.08x | 1.55x | RM-19.05 Million |
| 2014 | 4.91% | 3.42% | 0.94x | 1.52x | RM-10.48 Million |
| 2015 | 6.05% | 4.96% | 0.79x | 1.55x | RM-9.72 Million |
| 2016 | 8.29% | 6.71% | 0.79x | 1.55x | RM-4.30 Million |
| 2017 | 4.76% | 3.26% | 0.98x | 1.49x | RM-14.49 Million |
| 2018 | -24.29% | -25.35% | 0.70x | 1.38x | RM-73.53 Million |
| 2019 | 5.54% | 5.17% | 0.81x | 1.32x | RM-9.15 Million |
| 2020 | 34.73% | 31.48% | 0.88x | 1.25x | RM93.41 Million |
| 2021 | 30.90% | 36.09% | 0.77x | 1.11x | RM125.63 Million |
| 2022 | -9.21% | -31.10% | 0.26x | 1.14x | RM-116.14 Million |
| 2023 | -11.87% | -41.60% | 0.27x | 1.07x | RM-118.62 Million |
| 2024 | -2.74% | -9.47% | 0.27x | 1.06x | RM-64.73 Million |
Industry Comparison
This section compares Rubberex Corporation M Bhd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $114,437,893
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rubberex Corporation M Bhd (7803) | RM484.42 Million | 6.90% | 0.05x | $9.30 Million |
| Karyon Industries Bhd (0054) | $77.22 Million | 4.62% | 0.20x | $6.87 Million |
| Sersol Bhd (0055) | $16.03 Million | -7.66% | 0.40x | $2.78 Million |
| ES Ceramics Technology Bhd (0100) | $32.96 Million | 16.97% | 0.13x | $8.07 Million |
| Asia Poly Holdings Bhd (0105) | $34.93 Million | 13.19% | 0.90x | $6.67 Million |
| Dpi Holdings Berhad (0205) | $80.83 Million | 14.67% | 0.12x | $2.94 Million |
| Polymer Link Holdings Berhad (0381) | $80.14 Million | 18.72% | 0.81x | $5.49 Million |
| Comfort Gloves Bhd (2127) | $87.78 Million | -6.41% | 0.89x | $9.27 Million |
| Hexza Corporation Bhd (3298) | $244.22 Million | 6.33% | 0.08x | $19.98 Million |
| Ancom Berhad (4758) | $402.00 Million | -4.98% | 1.42x | $109.07 Million |
| Paos Holdings Bhd (5022) | $88.25 Million | 0.11% | 0.67x | $2.81 Million |