Crest Builder Holdings Bhd
Crest Builder Holdings Berhad, an investment holding company, operates as a construction, and mechanical and electrical (M&E) engineering contractor in Malaysia. The company operates through four segments: Construction, Concession Arrangement, Investment Holding, and Property Development. It designs, constructs, completes, and maintains roads, bridges, and other infrastructures; undertakes infras… Read more
Crest Builder Holdings Bhd (8591) - Net Assets
Latest net assets as of September 2025: RM324.90 Million MYR
Based on the latest financial reports, Crest Builder Holdings Bhd (8591) has net assets worth RM324.90 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 (RM1.35 Billion) and total liabilities (RM1.03 Billion). 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 | RM324.90 Million |
| % of Total Assets | 24.07% |
| Annual Growth Rate | -0.16% |
| 5-Year Change | -28.27% |
| 10-Year Change | -27.74% |
| Growth Volatility | 11.54 |
Crest Builder Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Crest Builder Holdings 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 Crest Builder Holdings Bhd (2012–2024)
The table below shows the annual net assets of Crest Builder Holdings Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM293.37 Million | +1.96% |
| 2023-12-31 | RM287.73 Million | -16.90% |
| 2022-12-31 | RM346.24 Million | -4.14% |
| 2021-12-31 | RM361.20 Million | -11.69% |
| 2020-12-31 | RM409.00 Million | -16.95% |
| 2019-12-31 | RM492.44 Million | +1.06% |
| 2018-12-31 | RM487.27 Million | +14.80% |
| 2017-12-31 | RM424.44 Million | +5.27% |
| 2016-12-31 | RM403.21 Million | -0.69% |
| 2015-12-31 | RM406.00 Million | +4.10% |
| 2014-12-31 | RM390.00 Million | +5.12% |
| 2013-12-31 | RM371.00 Million | +24.08% |
| 2012-12-31 | RM299.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Crest Builder Holdings 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 42.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM125.84 Million | 42.90% |
| Common Stock | RM181.19 Million | 61.76% |
| Total Equity | RM293.37 Million | 100.00% |
Crest Builder Holdings Bhd Competitors by Market Cap
The table below lists competitors of Crest Builder Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AI/ML Innovations Inc
OTCQB:AIMLF
|
$6.84 Million |
|
Naphtha
TA:NFTA
|
$6.84 Million |
|
Adbiotech Co. Ltd.
KQ:179530
|
$6.84 Million |
|
Reef Casino Trust
AU:RCT
|
$6.84 Million |
|
New Frontier Minerals Ltd
AU:NFM
|
$6.84 Million |
|
Pcs Edventures Com
PINK:PCSV
|
$6.83 Million |
|
Green Technology Metals Limited
PINK:GTMLF
|
$6.83 Million |
|
Esta Multi Usaha PT
JK:ESTA
|
$6.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Crest Builder Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 287,726,340 to 293,374,540, a change of 5,648,200 (2.0%).
- Net income of 5,648,190 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.65 Million | +1.93% |
| Other Changes | RM10.00 | +0.0% |
| Total Change | RM- | 1.96% |
Book Value vs Market Value Analysis
This analysis compares Crest Builder Holdings 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: 0.26x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM2.36 | RM0.47 | x |
| 2017-12-31 | RM2.49 | RM0.47 | x |
| 2018-12-31 | RM2.87 | RM0.47 | x |
| 2019-12-31 | RM3.02 | RM0.47 | x |
| 2020-12-31 | RM2.52 | RM0.47 | x |
| 2021-12-31 | RM2.23 | RM0.47 | x |
| 2022-12-31 | RM2.14 | RM0.47 | x |
| 2023-12-31 | RM1.77 | RM0.47 | x |
| 2024-12-31 | RM1.81 | RM0.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Crest Builder Holdings 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): 1.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.98%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 4.55x
- Recent ROE (1.93%) is above the historical average (-1.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 2.51% | 3.57% | 0.21x | 3.36x | RM-29.89 Million |
| 2016 | 3.28% | 4.68% | 0.21x | 3.33x | RM-27.11 Million |
| 2017 | 6.61% | 5.63% | 0.33x | 3.60x | RM-14.39 Million |
| 2018 | 14.43% | 11.81% | 0.40x | 3.02x | RM21.61 Million |
| 2019 | 3.90% | 4.13% | 0.33x | 2.87x | RM-30.04 Million |
| 2020 | -18.85% | -26.59% | 0.21x | 3.35x | RM-118.01 Million |
| 2021 | -12.46% | -17.61% | 0.19x | 3.65x | RM-81.11 Million |
| 2022 | -4.32% | -4.32% | 0.27x | 3.69x | RM-49.58 Million |
| 2023 | -13.54% | -7.97% | 0.38x | 4.44x | RM-67.72 Million |
| 2024 | 1.93% | 0.98% | 0.43x | 4.55x | RM-23.69 Million |
Industry Comparison
This section compares Crest Builder Holdings Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Crest Builder Holdings Bhd (8591) | RM324.90 Million | 2.51% | 3.16x | $6.84 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |