Pertama Digital Berhad (8532) - Net Assets
Based on the latest financial reports, Pertama Digital Berhad (8532) has net assets worth RM10.73 Million MYR (≈ $2.69 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 (RM201.72 Million ≈ $50.65 Million USD) and total liabilities (RM190.99 Million ≈ $47.95 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 Pertama Digital Berhad (8532) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM10.73 Million |
| % of Total Assets | 5.32% |
| Annual Growth Rate | -18.85% |
| 5-Year Change | -91.22% |
| 10-Year Change | -95.27% |
| Growth Volatility | 28.74 |
Pertama Digital Berhad - Net Assets Trend (2012–2025)
This chart illustrates how Pertama Digital Berhad's net assets have evolved over time, based on quarterly financial data. Also explore how large is Pertama Digital Berhad's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Pertama Digital Berhad (2012–2025)
The table below shows the annual net assets of Pertama Digital Berhad from 2012 to 2025. For live valuation and market cap data, see 8532 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM10.73 Million ≈ $2.69 Million |
-26.15% |
| 2024-12-31 | RM14.53 Million ≈ $3.65 Million |
-7.52% |
| 2023-12-31 | RM15.71 Million ≈ $3.94 Million |
-1.44% |
| 2022-12-31 | RM15.94 Million ≈ $4.00 Million |
-86.96% |
| 2021-12-31 | RM122.28 Million ≈ $30.70 Million |
-4.28% |
| 2019-12-31 | RM127.74 Million ≈ $32.07 Million |
+20.36% |
| 2018-12-31 | RM106.13 Million ≈ $26.65 Million |
-41.76% |
| 2017-12-31 | RM182.25 Million ≈ $45.76 Million |
-18.45% |
| 2016-12-31 | RM223.47 Million ≈ $56.11 Million |
-1.47% |
| 2015-12-31 | RM226.80 Million ≈ $56.94 Million |
+19.37% |
| 2014-12-31 | RM190.00 Million ≈ $47.70 Million |
+5.56% |
| 2013-12-31 | RM180.00 Million ≈ $45.19 Million |
+11.11% |
| 2012-12-31 | RM162.00 Million ≈ $40.67 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pertama Digital Berhad'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 12448000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM59.11 Million | 381.61% |
| Total Equity | RM15.49 Million | 100.00% |
Pertama Digital Berhad Competitors by Market Cap
The table below lists competitors of Pertama Digital Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scottish American Investment Co
LSE:SAIN
|
$10.45 Million |
|
Standard Industries Limited
NSE:SIL
|
$10.46 Million |
|
BeMetals Corp
V:BMET
|
$10.46 Million |
|
Gamma Communications PLC
LSE:GAMA
|
$10.46 Million |
|
Garibaldi Resources Corp.
V:GGI
|
$10.45 Million |
|
Saga plc
LSE:SAGA
|
$10.44 Million |
|
Centrex Ltd
AU:CXM
|
$10.44 Million |
|
Origin Agritech Limited
STU:39O1
|
$10.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pertama Digital Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,304,000 to 15,489,000, a change of -2,815,000 (-15.4%).
- Net loss of 2,799,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-2.80 Million | -18.07% |
| Other Changes | RM-16.00K | -0.1% |
| Total Change | RM- | -15.38% |
Book Value vs Market Value Analysis
This analysis compares Pertama Digital Berhad'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: 2.67x
- 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 0.17x to 2.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.57 | RM0.10 | x |
| 2016-12-31 | RM0.57 | RM0.10 | x |
| 2017-12-31 | RM0.46 | RM0.10 | x |
| 2018-12-31 | RM0.27 | RM0.10 | x |
| 2019-12-31 | RM0.31 | RM0.10 | x |
| 2021-12-31 | RM0.29 | RM0.10 | x |
| 2022-12-31 | RM0.03 | RM0.10 | x |
| 2023-12-31 | RM0.04 | RM0.10 | x |
| 2024-12-31 | RM0.04 | RM0.10 | x |
| 2025-12-31 | RM0.04 | RM0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pertama Digital Berhad 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): -18.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -34.74%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 13.02x
- Recent ROE (-18.07%) is above the historical average (-37.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.92% | 1.12% | 0.78x | 1.05x | RM-20.60 Million |
| 2016 | 0.91% | 1.18% | 0.73x | 1.05x | RM-20.31 Million |
| 2017 | 0.07% | 0.06% | 1.12x | 1.06x | RM-18.10 Million |
| 2018 | -69.60% | -454.96% | 0.12x | 1.33x | RM-84.48 Million |
| 2019 | 1.63% | 23.42% | 0.05x | 1.39x | RM-10.43 Million |
| 2021 | -6.58% | -151.90% | 0.03x | 1.48x | RM-21.12 Million |
| 2022 | -251.54% | -426.40% | 0.06x | 10.69x | RM-38.92 Million |
| 2023 | -28.76% | -90.94% | 0.03x | 9.50x | RM-7.58 Million |
| 2024 | -2.88% | -6.78% | 0.04x | 11.62x | RM-2.36 Million |
| 2025 | -18.07% | -34.74% | 0.04x | 13.02x | RM-4.35 Million |
Industry Comparison
This section compares Pertama Digital Berhad's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $109,305,693
- Average return on equity (ROE) among peers: -21.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pertama Digital Berhad (8532) | RM10.73 Million | 0.92% | 17.80x | $10.45 Million |
| IFCA MSC Bhd (0023) | $124.50 Million | 13.95% | 0.33x | $33.88 Million |
| Nova MSC Bhd (0026) | $51.73 Million | -19.08% | 0.36x | $29.73 Million |
| MMAG Holdings Bhd (0034) | $376.25 Million | -6.02% | 1.13x | $14.57 Million |
| Systech Bhd (0050) | $25.96 Million | -83.40% | 0.45x | $34.61 Million |
| Cuscapi Berhad (0051) | $96.79 Million | -22.29% | 0.22x | $22.54 Million |
| Excel Force MSC Bhd (0065) | $35.83 Million | 14.96% | 0.07x | $24.50 Million |
| N2N Connect Bhd (0108) | $263.32 Million | 10.29% | 0.13x | $44.85 Million |
| Appasia Bhd (0119) | $10.04 Million | -68.22% | 0.17x | $38.08 Million |
| DGB Asia Bhd (0152) | $41.54 Million | -41.13% | 0.06x | $2.49 Million |
| iDimension Consolidated Bhd (0174) | $67.07 Million | -11.02% | 1.58x | $4.51 Million |
About Pertama Digital Berhad
Pertama Digital Berhad, an investment holding company, engages in the development, operations, and maintenance of mobile messaging and mobile payment applications in Malaysia. The company offers eJamin, an online bail solution to give bailors a bail payment experience; MyPay, a platform to facilitate users to review and search for information, as well as online payments; and mySMS, a platform for… Read more