Rubberex Corporation M Bhd (7803) - Net Assets

Latest as of September 2025: RM484.42 Million MYR ≈ $121.62 Million USD

Based on the latest financial reports, Rubberex Corporation M Bhd (7803) has net assets worth RM484.42 Million MYR (≈ $121.62 Million USD) 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 ≈ $128.29 Million USD) and total liabilities (RM26.55 Million ≈ $6.67 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 7803 financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore 7803 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 7803 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	RM506.05 Million ≈ $127.05 Million	-6.71%
2023-12-31	RM542.43 Million ≈ $136.19 Million	-10.27%
2022-12-31	RM604.54 Million ≈ $151.78 Million	+0.57%
2021-12-31	RM601.14 Million ≈ $150.93 Million	+59.17%
2020-12-31	RM377.67 Million ≈ $94.82 Million	+84.21%
2019-12-31	RM205.02 Million ≈ $51.47 Million	-4.40%
2018-12-31	RM214.45 Million ≈ $53.84 Million	-22.46%
2017-12-31	RM276.59 Million ≈ $69.44 Million	+9.82%
2016-12-31	RM251.86 Million ≈ $63.23 Million	+2.30%
2015-12-31	RM246.20 Million ≈ $61.81 Million	+19.41%
2014-12-31	RM206.19 Million ≈ $51.77 Million	+5.91%
2013-12-31	RM194.68 Million ≈ $48.88 Million	+8.01%
2012-12-31	RM180.24 Million ≈ $45.25 Million	+7.64%
2011-12-31	RM167.45 Million ≈ $42.04 Million	+11.08%
2010-12-31	RM150.75 Million ≈ $37.85 Million	-8.05%
2009-12-31	RM163.96 Million ≈ $41.16 Million	+2.70%
2008-12-31	RM159.65 Million ≈ $40.08 Million	+12.47%
2007-12-31	RM141.96 Million ≈ $35.64 Million	+32.90%
2006-12-31	RM106.81 Million ≈ $26.82 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
The Byke Hospitality Ltd NSE:BYKE	$20.76 Million
Milestone Scientific NYSE MKT:MLSS	$20.76 Million
Ryukil C&S Ltd KQ:191410	$20.77 Million
Rohas Tecnic Bhd KLSE:9741	$20.77 Million
Fredonia Mining Inc V:FRED	$20.75 Million
Eminis Ambalaj Sanayi ve Ticaret AS IS:EMNIS	$20.75 Million
Biofish Holding AS OL:BFISH	$20.74 Million
Nexam Chemical Holding AB ST:NEXAM	$20.72 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: $250,530,919
Average return on equity (ROE) among peers: -3.11%

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	$20.75 Million
Karyon Industries Bhd (0054)	$47.16 Million	11.72%	0.23x	$16.72 Million
Sersol Bhd (0055)	$22.15 Million	-57.28%	0.21x	$7.07 Million
ES Ceramics Technology Bhd (0100)	$185.22 Million	0.32%	0.74x	$20.42 Million
Asia Poly Holdings Bhd (0105)	$79.12 Million	-5.84%	0.32x	$18.53 Million
Dpi Holdings Berhad (0205)	$90.43 Million	2.88%	0.44x	$19.25 Million
Comfort Gloves Bhd (2127)	$670.97 Million	-21.29%	0.11x	$21.08 Million
Hexza Corporation Bhd (3298)	$281.05 Million	3.62%	0.07x	$46.46 Million
Ancom Berhad (4758)	$421.00 Million	2.38%	1.11x	$243.71 Million
Paos Holdings Bhd (5022)	$88.16 Million	-0.05%	0.51x	$11.37 Million
Hartalega Holdings Bhd (5168)	$620.06 Million	32.48%	0.22x	$959.79 Million

About Rubberex Corporation M Bhd

KLSE:7803 Malaysia Specialty Chemicals

Market Cap

$20.75 Million

RM82.66 Million MYR

Market Cap Rank

#24927 Global

#688 in Malaysia

Share Price

RM0.08

Change (1 day)

-6.25%

52-Week Range

RM0.08 - RM0.13

All Time High

RM2.95