Sand Nisko Capital Bhd (7943) - Net Assets
Based on the latest financial reports, Sand Nisko Capital Bhd (7943) has net assets worth RM95.15 Million MYR (≈ $23.89 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 (RM138.65 Million ≈ $34.81 Million USD) and total liabilities (RM43.50 Million ≈ $10.92 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. Read Sand Nisko Capital Bhd (7943) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM95.15 Million |
| % of Total Assets | 68.63% |
| Annual Growth Rate | 12.33% |
| 5-Year Change | 158.43% |
| 10-Year Change | 207.43% |
| Growth Volatility | 93.03 |
Sand Nisko Capital Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Sand Nisko Capital Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Sand Nisko Capital Bhd total assets for the complete picture of this company's asset base.
Annual Net Assets for Sand Nisko Capital Bhd (2012–2025)
The table below shows the annual net assets of Sand Nisko Capital Bhd from 2012 to 2025. For live valuation and market cap data, see 7943 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM95.15 Million ≈ $23.89 Million |
+334.40% |
| 2024-12-31 | RM21.90 Million ≈ $5.50 Million |
-21.21% |
| 2023-12-31 | RM27.80 Million ≈ $6.98 Million |
+52.05% |
| 2022-12-31 | RM18.28 Million ≈ $4.59 Million |
-50.34% |
| 2021-12-31 | RM36.82 Million ≈ $9.24 Million |
+38.15% |
| 2020-12-31 | RM26.65 Million ≈ $6.69 Million |
+11.52% |
| 2019-12-31 | RM23.90 Million ≈ $6.00 Million |
+4.64% |
| 2018-12-31 | RM22.84 Million ≈ $5.73 Million |
-16.05% |
| 2017-12-31 | RM27.21 Million ≈ $6.83 Million |
-12.10% |
| 2016-12-31 | RM30.95 Million ≈ $7.77 Million |
+6.72% |
| 2015-12-31 | RM29.00 Million ≈ $7.28 Million |
-14.71% |
| 2014-12-31 | RM34.00 Million ≈ $8.54 Million |
+70.00% |
| 2013-12-31 | RM20.00 Million ≈ $5.02 Million |
-4.76% |
| 2012-12-31 | RM21.00 Million ≈ $5.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sand Nisko Capital 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 765.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM115.12 Million | 121.00% |
| Total Equity | RM95.15 Million | 100.00% |
Sand Nisko Capital Bhd Competitors by Market Cap
The table below lists competitors of Sand Nisko Capital Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Union Corporation
KO:000910
|
$40.63 Million |
|
Dongbang Ship Machinery Co. Ltd
KQ:099410
|
$40.63 Million |
|
Busan Ind
KO:011390
|
$40.65 Million |
|
JP Morgan Global Growth & Income PLC
LSE:JGGI
|
$40.65 Million |
|
Hiroca Holdings Ltd
TW:1338
|
$40.58 Million |
|
BayWa Aktiengesellschaft
F:BYW
|
$40.57 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
$40.55 Million |
|
HARMONEY CORP. LTD
F:6DR
|
$40.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sand Nisko Capital Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,902,890 to 95,146,000, a change of 73,243,110 (334.4%).
- Net loss of 1,630,000 reduced equity.
- Other factors increased equity by 74,873,110.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-1.63 Million | -1.71% |
| Other Changes | RM74.87 Million | +78.69% |
| Total Change | RM- | 334.40% |
Book Value vs Market Value Analysis
This analysis compares Sand Nisko Capital 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: 1.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.77x to 1.70x 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 | RM0.23 | RM0.18 | x |
| 2017-12-31 | RM0.21 | RM0.18 | x |
| 2018-12-31 | RM0.17 | RM0.18 | x |
| 2019-12-31 | RM0.36 | RM0.18 | x |
| 2020-12-31 | RM0.16 | RM0.18 | x |
| 2021-12-31 | RM0.16 | RM0.18 | x |
| 2022-12-31 | RM0.08 | RM0.18 | x |
| 2023-12-31 | RM0.19 | RM0.18 | x |
| 2024-12-31 | RM0.15 | RM0.18 | x |
| 2025-12-31 | RM0.11 | RM0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sand Nisko Capital 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): -1.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.40%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.46x
- Recent ROE (-1.71%) is above the historical average (-17.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -16.46% | -18.52% | 0.61x | 1.45x | RM-8.04 Million |
| 2016 | 1.87% | 1.27% | 1.02x | 1.44x | RM-2.51 Million |
| 2017 | -13.76% | -14.36% | 0.64x | 1.50x | RM-6.46 Million |
| 2018 | -12.51% | -47.40% | 0.16x | 1.68x | RM-5.14 Million |
| 2019 | -2.58% | -2.76% | 0.46x | 2.02x | RM-3.01 Million |
| 2020 | -1.56% | -1.24% | 0.90x | 1.40x | RM-3.08 Million |
| 2021 | 3.88% | 2.48% | 1.06x | 1.47x | RM-2.25 Million |
| 2022 | -101.54% | -66.53% | 0.87x | 1.75x | RM-20.39 Million |
| 2023 | -16.74% | -23.91% | 0.20x | 3.46x | RM-7.43 Million |
| 2024 | -32.12% | -20.41% | 0.38x | 4.15x | RM-9.23 Million |
| 2025 | -1.71% | -5.40% | 0.22x | 1.46x | RM-11.14 Million |
Industry Comparison
This section compares Sand Nisko Capital Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $101,046,365
- Average return on equity (ROE) among peers: 7.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sand Nisko Capital Bhd (7943) | RM95.15 Million | -16.46% | 0.46x | $40.62 Million |
| Southern Score Builders Berhad (0045) | $148.98 Million | 16.99% | 0.33x | $313.81 Million |
| Ecobuilt Holdings Bhd (0059) | $66.08 Million | 12.86% | 0.15x | $4.23 Million |
| Mega Sun City Holdings Bhd (0081) | $52.47 Million | -28.16% | 0.02x | $3.72 Million |
| Waja Konsortium Bhd (0102) | $33.07 Million | -28.61% | 0.43x | $11.20 Million |
| Kelington Group Bhd (0151) | $66.99 Million | 13.23% | 1.98x | $1.38 Billion |
| Widad Group Bhd (0162) | $357.92 Million | 19.78% | 1.42x | $7.84 Million |
| Pasukhas Group Bhd (0177) | $136.35 Million | -12.43% | 0.39x | $3.59 Million |
| HSS Engineers Bhd (0185) | $78.71 Million | 17.81% | 0.59x | $54.89 Million |
| Cabnet Holdings Bhd (0191) | $14.34 Million | 40.24% | 1.06x | $11.22 Million |
| Inta Bina Group Bhd (0192) | $55.55 Million | 22.91% | 2.88x | $58.65 Million |
About Sand Nisko Capital Bhd
Greentronics Technology Berhad, an investment holding company, provides building construction and engineering works services in Malaysia. It operates in six segments: Furniture Manufacturing and Trading, Rental, Construction and Property Development, Financing Services, Fleet Management Services, and Others. The company is involved in the manufacture and trading of furniture; trading of logs and … Read more