Milux Corporation Bhd
Milux Corporation Berhad, an investment holding company, provides a range of gas, kitchen, and electrical appliances in Malaysia and rest of Asia. It operates through Home Appliance and Others segments. The company offers big appliances, such as chest freezer and washing machines; ceiling, exhaust and ventilation, industrial, stand, table, and wall fans; and gas appliances, including portable gas… Read more
Milux Corporation Bhd (7935) - Net Assets
Latest net assets as of September 2025: RM37.99 Million MYR
Based on the latest financial reports, Milux Corporation Bhd (7935) has net assets worth RM37.99 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 (RM45.78 Million) and total liabilities (RM7.79 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 | RM37.99 Million |
| % of Total Assets | 82.97% |
| Annual Growth Rate | -2.43% |
| 5-Year Change | 2.93% |
| 10-Year Change | -21.16% |
| Growth Volatility | 7.53 |
Milux Corporation Bhd - Net Assets Trend (2013–2024)
This chart illustrates how Milux Corporation 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 Milux Corporation Bhd (2013–2024)
The table below shows the annual net assets of Milux Corporation Bhd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM37.84 Million | -6.81% |
| 2023-12-31 | RM40.61 Million | -10.73% |
| 2022-12-31 | RM45.49 Million | +7.03% |
| 2021-12-31 | RM42.50 Million | +15.60% |
| 2020-12-31 | RM36.77 Million | -11.51% |
| 2019-12-31 | RM41.55 Million | -2.23% |
| 2018-12-31 | RM42.50 Million | -4.61% |
| 2017-12-31 | RM44.55 Million | -1.84% |
| 2016-12-31 | RM45.39 Million | -5.45% |
| 2015-12-31 | RM48.00 Million | 0.00% |
| 2014-12-31 | RM48.00 Million | +4.35% |
| 2013-12-31 | RM46.00 Million | -8.00% |
| 2013-08-31 | RM50.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Milux 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 decreased by 1058632000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM59.07 Million | 156.08% |
| Total Equity | RM37.84 Million | 100.00% |
Milux Corporation Bhd Competitors by Market Cap
The table below lists competitors of Milux Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hygrovest Ltd
AU:HGV
|
$5.29 Million |
|
Gratomic Inc
PINK:CBULF
|
$5.29 Million |
|
First Andes Silver Ltd.
V:FAS
|
$5.29 Million |
|
Widodo Makmur Perkasa PT
JK:WMPP
|
$5.29 Million |
|
B&B Triplewall Containers Limited
NSE:BBTCL
|
$5.28 Million |
|
ADTIGER CORP.LTD.DL-0005
F:55U
|
$5.28 Million |
|
Karolinska Development AB ser. B
ST:KDEV
|
$5.28 Million |
|
ENERGY S.P.A.
F:S2I
|
$5.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Milux Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 40,609,060 to 37,844,730, a change of -2,764,330 (-6.8%).
- Net loss of 2,261,390 reduced equity.
- Other factors decreased equity by 502,940.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-2.26 Million | -5.98% |
| Other Changes | RM-502.94K | -1.33% |
| Total Change | RM- | -6.81% |
Book Value vs Market Value Analysis
This analysis compares Milux 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: 3.98x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.07x to 3.98x 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 | RM0.21 | RM0.64 | x |
| 2017-12-31 | RM0.20 | RM0.64 | x |
| 2018-12-31 | RM0.20 | RM0.64 | x |
| 2019-12-31 | RM0.18 | RM0.64 | x |
| 2020-12-31 | RM0.16 | RM0.64 | x |
| 2021-12-31 | RM0.18 | RM0.64 | x |
| 2022-12-31 | RM0.19 | RM0.64 | x |
| 2023-12-31 | RM0.17 | RM0.64 | x |
| 2024-12-31 | RM0.16 | RM0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Milux 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): -5.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.92%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.24x
- Recent ROE (-5.98%) is below the historical average (-3.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -5.87% | -3.68% | 1.20x | 1.33x | RM-7.20 Million |
| 2017 | -1.88% | -1.05% | 1.31x | 1.36x | RM-5.29 Million |
| 2018 | -4.82% | -2.64% | 1.38x | 1.33x | RM-6.30 Million |
| 2019 | -10.66% | -7.08% | 1.14x | 1.32x | RM-8.59 Million |
| 2020 | -13.72% | -6.91% | 1.34x | 1.48x | RM-8.72 Million |
| 2021 | 13.01% | 8.90% | 0.99x | 1.47x | RM1.28 Million |
| 2022 | 6.86% | 5.26% | 0.91x | 1.43x | RM-1.43 Million |
| 2023 | -12.24% | -10.58% | 0.84x | 1.37x | RM-9.03 Million |
| 2024 | -5.98% | -4.92% | 0.98x | 1.24x | RM-6.05 Million |
Industry Comparison
This section compares Milux Corporation Bhd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $252,688,499
- Average return on equity (ROE) among peers: 16.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Milux Corporation Bhd (7935) | RM37.99 Million | -5.87% | 0.21x | $5.29 Million |
| Wegmans Holdings Berhad (0197) | $72.96 Million | 17.10% | 0.67x | $1.67 Million |
| Spring Art Holdings Bhd (0216) | $93.77 Million | 9.85% | 0.25x | $2.92 Million |
| Mobilia Holdings Bhd (0229) | $32.23 Million | 26.85% | 1.30x | $2.54 Million |
| Synergy House Berhad (0279) | $34.35 Million | 41.88% | 2.25x | $4.11 Million |
| Topmix Berhad (0302) | $21.57 Million | 20.48% | 1.42x | $8.71 Million |
| Sorento Capital Berhad (0326) | $143.13 Million | 18.33% | 0.37x | $1.42K |
| FACB Industries Incorporated (2984) | $217.85 Million | 0.55% | 0.10x | $7.48 Million |
| Panasonic Manufacture Malaysia (3719) | $718.00 Million | 13.93% | 0.26x | $43.73 Million |
| Evergreen Fibreboard Bhd (5101) | $1.04 Billion | 3.31% | 0.37x | $10.40 Million |
| Homeritz Corporation Bhd (5160) | $155.54 Million | 14.22% | 0.13x | $9.76 Million |