Scientex Packaging
Scientex Packaging (Ayer Keroh) Berhad engages in the manufacture and marketing of flexible packaging materials in Malaysia, Australia, Thailand, Myanmar, Singapore, the Philippines, Myanmar, and internationally. It offers products for food and beverage, home care, personal care, and pet care. The company was formerly known as Daibochi Berhad and changed its name to Scientex Packaging (Ayer Keroh… Read more
Scientex Packaging (8125) - Net Assets
Latest net assets as of September 2025: RM409.43 Million MYR
Based on the latest financial reports, Scientex Packaging (8125) has net assets worth RM409.43 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 (RM589.16 Million) and total liabilities (RM179.73 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 | RM409.43 Million |
| % of Total Assets | 69.49% |
| Annual Growth Rate | 7.83% |
| 5-Year Change | 44.23% |
| 10-Year Change | 120.32% |
| Growth Volatility | 9.21 |
Scientex Packaging - Net Assets Trend (2012–2025)
This chart illustrates how Scientex Packaging's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Scientex Packaging (2012–2025)
The table below shows the annual net assets of Scientex Packaging from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM399.83 Million | -2.40% |
| 2024-12-31 | RM409.65 Million | +6.88% |
| 2023-12-31 | RM383.27 Million | +4.02% |
| 2022-12-31 | RM368.45 Million | +32.91% |
| 2021-12-31 | RM277.22 Million | +9.66% |
| 2020-12-31 | RM252.79 Million | +22.61% |
| 2019-12-31 | RM206.17 Million | +2.65% |
| 2017-12-31 | RM200.85 Million | +6.17% |
| 2016-12-31 | RM189.17 Million | +4.24% |
| 2015-12-31 | RM181.47 Million | +8.02% |
| 2014-12-31 | RM168.00 Million | +3.70% |
| 2013-12-31 | RM162.00 Million | +8.00% |
| 2012-12-31 | RM150.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scientex Packaging'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 235.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM181.23 Million | 45.33% |
| Common Stock | RM222.36 Million | 55.61% |
| Total Equity | RM399.83 Million | 100.00% |
Scientex Packaging Competitors by Market Cap
The table below lists competitors of Scientex Packaging ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Milestone Scientific
NYSE MKT:MLSS
|
$17.30 Million |
|
Jones Soda Co
OTCQB:JSDA
|
$17.31 Million |
|
Medhelp Care AB
ST:MEDHLP
|
$17.33 Million |
|
Integrated Rail and Resources Acquisition Corp
PINK:IRRX
|
$17.33 Million |
|
White Cliff Minerals Ltd
AU:WCN
|
$17.29 Million |
|
Shengjing Bank Co. Ltd
F:6SY
|
$17.29 Million |
|
Acer Gadget Inc
TW:2432
|
$17.29 Million |
|
Anthem Biosciences Ltd
NSE:ANTHEM
|
$17.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scientex Packaging's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 409,649,000 to 399,829,000, a change of -9,820,000 (-2.4%).
- Net income of 26,878,000 contributed positively to equity growth.
- Dividend payments of 26,297,000 reduced retained earnings.
- Other factors decreased equity by 10,401,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM26.88 Million | +6.72% |
| Dividends Paid | RM26.30 Million | -6.58% |
| Other Changes | RM-10.40 Million | -2.6% |
| Total Change | RM- | -2.40% |
Book Value vs Market Value Analysis
This analysis compares Scientex Packaging'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: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.71x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.55 | RM1.50 | x |
| 2016-12-31 | RM0.58 | RM1.50 | x |
| 2017-12-31 | RM0.61 | RM1.50 | x |
| 2019-12-31 | RM0.63 | RM1.50 | x |
| 2020-12-31 | RM0.77 | RM1.50 | x |
| 2021-12-31 | RM0.85 | RM1.50 | x |
| 2022-12-31 | RM1.05 | RM1.50 | x |
| 2023-12-31 | RM1.09 | RM1.50 | x |
| 2024-12-31 | RM1.17 | RM1.50 | x |
| 2025-12-31 | RM1.14 | RM1.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scientex Packaging 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): 6.72%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.77%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 1.46x
- Recent ROE (6.72%) is below the historical average (12.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.26% | 6.96% | 1.17x | 1.75x | RM7.17 Million |
| 2015 | 14.72% | 7.75% | 1.17x | 1.63x | RM8.57 Million |
| 2016 | 12.96% | 6.61% | 1.20x | 1.63x | RM5.60 Million |
| 2017 | 12.91% | 6.67% | 1.06x | 1.82x | RM5.85 Million |
| 2019 | 8.39% | 2.47% | 1.92x | 1.77x | RM-3.32 Million |
| 2020 | 18.86% | 7.70% | 1.28x | 1.91x | RM22.39 Million |
| 2021 | 16.96% | 7.81% | 1.15x | 1.89x | RM19.31 Million |
| 2022 | 11.71% | 5.57% | 1.21x | 1.73x | RM6.31 Million |
| 2023 | 9.38% | 4.64% | 1.28x | 1.58x | RM-2.39 Million |
| 2024 | 7.95% | 4.56% | 1.17x | 1.49x | RM-8.41 Million |
| 2025 | 6.72% | 3.77% | 1.22x | 1.46x | RM-13.10 Million |
Industry Comparison
This section compares Scientex Packaging's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $166,977,172
- Average return on equity (ROE) among peers: 8.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scientex Packaging (8125) | RM409.43 Million | 14.26% | 0.44x | $17.30 Million |
| HPP Holdings Bhd (0228) | $67.39 Million | 12.22% | 0.57x | $4.91 Million |
| L&P Global Berhad (0268) | $27.88 Million | 35.34% | 1.06x | $2.89 Million |
| DS Sigma Holdings Berhad (0269) | $114.25 Million | 9.64% | 0.15x | $5.12 Million |
| Scientex Bhd (4731) | $450.80 Million | 13.38% | 0.50x | $472.96 Million |
| Versatile Creative Bhd (4995) | $99.00 Million | -2.02% | 0.48x | $14.13 Million |
| Ornapaper Bhd (5065) | $115.00 Million | 6.09% | 0.81x | $3.43 Million |
| BP Plastics Holding Bhd (5100) | $154.00 Million | 6.49% | 0.29x | $8.97 Million |
| Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) | $441.46 Million | -6.48% | 1.12x | $52.74 Million |
| Box Pak (Malaysia) Bhd (6297) | $150.00 Million | 5.33% | 1.08x | $872.08K |
| Master Pack Group Bhd (7029) | $50.00 Million | 2.00% | 0.58x | $3.28 Million |