Texchem Resources Bhd
Texchem Resources Bhd, an investment holding company, engages in industrial, polymer engineering, food, restaurant, and venture businesses. The company offers plastic resins, compounds and additives, rubber and latex processing chemicals, PVC resins, adhesive chemicals, ink and coating chemicals, food ingredients, personal care and pharmaceutical additives, dyestuff and textile auxiliary chemical… Read more
Texchem Resources Bhd (8702) - Net Assets
Latest net assets as of September 2025: RM201.75 Million MYR
Based on the latest financial reports, Texchem Resources Bhd (8702) has net assets worth RM201.75 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 (RM790.07 Million) and total liabilities (RM588.32 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 | RM201.75 Million |
| % of Total Assets | 25.54% |
| Annual Growth Rate | -0.54% |
| 5-Year Change | -19.29% |
| 10-Year Change | -39.98% |
| Growth Volatility | 19.16 |
Texchem Resources Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Texchem Resources 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 Texchem Resources Bhd (2012–2024)
The table below shows the annual net assets of Texchem Resources Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM196.85 Million | -1.38% |
| 2023-12-31 | RM199.61 Million | -6.95% |
| 2022-12-31 | RM214.51 Million | -28.44% |
| 2021-12-31 | RM299.78 Million | +22.91% |
| 2020-12-31 | RM243.90 Million | +3.72% |
| 2019-12-31 | RM235.16 Million | -2.46% |
| 2018-12-31 | RM241.10 Million | -6.58% |
| 2017-12-31 | RM258.07 Million | -8.93% |
| 2016-12-31 | RM283.38 Million | -13.61% |
| 2015-12-31 | RM328.00 Million | +51.85% |
| 2014-12-31 | RM216.00 Million | +4.35% |
| 2013-12-31 | RM207.00 Million | -1.43% |
| 2012-12-31 | RM210.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Texchem Resources 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 94.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM7.79 Million | 4.31% |
| Common Stock | RM157.85 Million | 87.34% |
| Other Comprehensive Income | RM27.09 Million | 14.99% |
| Total Equity | RM180.73 Million | 100.00% |
Texchem Resources Bhd Competitors by Market Cap
The table below lists competitors of Texchem Resources Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Patria Bank SA
RO:PBK
|
$6.70 Million |
|
G Capital Bhd
KLSE:7676
|
$6.70 Million |
|
Pinehill Pacific Bhd
KLSE:1902
|
$6.70 Million |
|
Canadian Critical Minerals Inc.
V:CCMI
|
$6.70 Million |
|
BARKSDALE RES CORP.
F:2NZ
|
$6.70 Million |
|
BEYOND FRAMES ENTMT AB
F:8WP
|
$6.70 Million |
|
Helium Evolution Incorporated
PINK:HEEVF
|
$6.70 Million |
|
NR Instant Produce Public Company Limited
BK:NRF
|
$6.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Texchem Resources Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 177,903,000 to 180,729,000, a change of 2,826,000 (1.6%).
- Net income of 6,732,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 3,579,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM6.73 Million | +3.72% |
| Other Comprehensive Income | RM-3.58 Million | -1.98% |
| Other Changes | RM-326.00K | -0.18% |
| Total Change | RM- | 1.59% |
Book Value vs Market Value Analysis
This analysis compares Texchem Resources 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: 0.47x
- 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.
- The price-to-book ratio has increased from 0.31x to 0.47x 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 | RM2.33 | RM0.72 | x |
| 2017-12-31 | RM2.12 | RM0.72 | x |
| 2018-12-31 | RM1.94 | RM0.72 | x |
| 2019-12-31 | RM1.95 | RM0.72 | x |
| 2020-12-31 | RM2.02 | RM0.72 | x |
| 2021-12-31 | RM2.25 | RM0.72 | x |
| 2022-12-31 | RM1.61 | RM0.72 | x |
| 2023-12-31 | RM1.52 | RM0.72 | x |
| 2024-12-31 | RM1.54 | RM0.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Texchem Resources 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): 3.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.60%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 4.25x
- Recent ROE (3.72%) is above the historical average (1.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.50% | 0.95% | 1.59x | 2.33x | RM-18.56 Million |
| 2016 | 1.13% | 0.31% | 1.63x | 2.25x | RM-25.12 Million |
| 2017 | -1.41% | -0.32% | 1.84x | 2.40x | RM-29.45 Million |
| 2018 | -2.53% | -0.54% | 1.83x | 2.57x | RM-30.21 Million |
| 2019 | -2.93% | -0.61% | 1.71x | 2.81x | RM-30.41 Million |
| 2020 | -0.97% | -0.23% | 1.46x | 2.86x | RM-26.75 Million |
| 2021 | 9.38% | 2.34% | 1.50x | 2.68x | RM-1.67 Million |
| 2022 | 11.45% | 1.92% | 1.53x | 3.91x | RM2.78 Million |
| 2023 | -6.10% | -1.09% | 1.35x | 4.15x | RM-28.64 Million |
| 2024 | 3.72% | 0.60% | 1.46x | 4.25x | RM-11.34 Million |
Industry Comparison
This section compares Texchem Resources Bhd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $2,612,093,375
- Average return on equity (ROE) among peers: -4.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Texchem Resources Bhd (8702) | RM201.75 Million | 3.50% | 2.92x | $6.70 Million |
| Digistar Corporation Bhd (0029) | $64.23 Million | 20.26% | 5.59x | $1.85 Million |
| Key Alliance Group Bhd (0036) | $41.31 Million | -10.37% | 0.81x | $1.39 Million |
| MSCM Holdings Bhd (0041) | $30.95 Million | 18.15% | 0.52x | $1.48 Million |
| Asdion Bhd (0068) | $11.85 Million | -65.79% | 0.48x | $1.33 Million |
| EA Holdings Bhd (0154) | $121.62 Million | -44.30% | 0.11x | $3.07 Million |
| Sports Toto Berhad (1562) | $1.25 Billion | 18.98% | 2.20x | $173.30 Million |
| Batu Kawan Bhd (1899) | $8.87 Billion | 5.88% | 0.60x | $248.59 Million |
| Hap Seng Consolidated Bhd (3034) | $6.42 Billion | 17.20% | 0.90x | $288.24 Million |
| Berjaya Assets Bhd (3239) | $2.01 Billion | -6.15% | 0.63x | $25.63 Million |
| IJM Corporation Bhd (3336) | $7.30 Billion | 5.77% | 1.07x | $1.78 Billion |