Ireka Corporation Bhd (8834) - Net Assets
Based on the latest financial reports, Ireka Corporation Bhd (8834) has net assets worth RM-131.43 Million MYR (≈ $-33.00 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM137.43 Million ≈ $34.50 Million USD) and total liabilities (RM268.86 Million ≈ $67.50 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. Also explore balance sheet size of Ireka Corporation Bhd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM-131.43 Million |
| % of Total Assets | -95.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | -25160.38% |
| 10-Year Change | -193.79% |
| Growth Volatility | 8243.75 |
Ireka Corporation Bhd - Net Assets Trend (2013–2025)
This chart illustrates how Ireka Corporation Bhd's net assets have evolved over time, based on quarterly financial data. Check Ireka Corporation Bhd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Ireka Corporation Bhd (2013–2025)
The table below shows the annual net assets of Ireka Corporation Bhd from 2013 to 2025. For live valuation and market cap data, see 8834 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM-131.62 Million ≈ $-33.05 Million |
-3.24% |
| 2024-03-31 | RM-127.49 Million ≈ $-32.01 Million |
-86.75% |
| 2023-03-31 | RM-68.27 Million ≈ $-17.14 Million |
+50.30% |
| 2022-03-31 | RM-137.35 Million ≈ $-34.49 Million |
-26251.84% |
| 2021-03-31 | RM525.22K ≈ $131.87K |
-99.34% |
| 2020-03-31 | RM79.33 Million ≈ $19.92 Million |
-29.36% |
| 2019-03-31 | RM112.30 Million ≈ $28.20 Million |
-23.82% |
| 2018-03-31 | RM147.42 Million ≈ $37.01 Million |
+2.31% |
| 2017-03-31 | RM144.10 Million ≈ $36.18 Million |
+2.68% |
| 2016-03-31 | RM140.34 Million ≈ $35.23 Million |
-24.55% |
| 2015-03-31 | RM186.00 Million ≈ $46.70 Million |
+22.37% |
| 2014-03-31 | RM152.00 Million ≈ $38.16 Million |
-15.08% |
| 2013-03-31 | RM179.00 Million ≈ $44.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ireka Corporation 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 30796135000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM207.73 Million | % |
| Total Equity | RM-131.62 Million | 100.00% |
Ireka Corporation Bhd Competitors by Market Cap
The table below lists competitors of Ireka Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MEDICOX Co. Ltd
KQ:054180
|
$573.12K |
|
Oxbridge Re Holdings Equity Warrant
NASDAQ:OXBRW
|
$574.50K |
|
GATTACA Plc
LSE:GATC
|
$576.05K |
|
PROMIS NEUROSCIENCES
F:23J0
|
$576.86K |
|
Bitcoin Fund Unit
TO:QBTC
|
$571.07K |
|
R.E.A. Holdings plc
LSE:RE
|
$570.63K |
|
Ecoclime Group AB Series B
ST:ECC-B
|
$567.02K |
|
BRAXIA SCIENTIFIC CORP.
F:4960
|
$566.56K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ireka Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -127,490,850 to -131,622,140, a change of -4,131,290.
- Net loss of 19,069,040 reduced equity.
- Other factors increased equity by 14,937,750.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-19.07 Million | -14.49% |
| Other Changes | RM14.94 Million | +11.35% |
| Total Change | RM- | % |
Book Value vs Market Value Analysis
This analysis compares Ireka Corporation 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | RM0.82 | RM0.01 | x |
| 2017-03-31 | RM0.84 | RM0.01 | x |
| 2018-03-31 | RM0.79 | RM0.01 | x |
| 2019-03-31 | RM0.60 | RM0.01 | x |
| 2020-03-31 | RM0.42 | RM0.01 | x |
| 2021-03-31 | RM0.00 | RM0.01 | x |
| 2022-03-31 | RM-0.60 | RM0.01 | x |
| 2023-03-31 | RM-0.30 | RM0.01 | x |
| 2024-03-31 | RM-0.56 | RM0.01 | x |
| 2025-03-31 | RM-0.58 | RM0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ireka Corporation 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -58.77%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-521.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -28.19% | -15.03% | 0.54x | 3.45x | RM-53.59 Million |
| 2017 | 2.91% | 1.26% | 0.67x | 3.46x | RM-10.22 Million |
| 2018 | -10.85% | -5.95% | 0.54x | 3.38x | RM-30.73 Million |
| 2019 | -25.37% | -14.24% | 0.41x | 4.32x | RM-39.72 Million |
| 2020 | -73.84% | -37.30% | 0.31x | 6.36x | RM-66.51 Million |
| 2021 | -5080.46% | -14.98% | 0.37x | 922.86x | RM-26.74 Million |
| 2022 | 0.00% | -293.15% | 0.19x | 0.00x | RM-152.74 Million |
| 2023 | 0.00% | 1106.29% | 0.03x | 0.00x | RM74.07 Million |
| 2024 | 0.00% | -161.78% | 0.20x | 0.00x | RM-46.81 Million |
| 2025 | 0.00% | -58.77% | 0.23x | 0.00x | RM-5.91 Million |
Industry Comparison
This section compares Ireka Corporation Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $57,337,013
- Average return on equity (ROE) among peers: 2.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ireka Corporation Bhd (8834) | RM-131.43 Million | -28.19% | N/A | $571.89K |
| Southern Score Builders Berhad (0045) | $-6.44 Million | 0.00% | 0.00x | $302.40 Million |
| Ecobuilt Holdings Bhd (0059) | $81.78 Million | -37.26% | 1.23x | $4.23 Million |
| Mega Sun City Holdings Bhd (0081) | $64.47 Million | 1.63% | 0.05x | $2.97 Million |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $15.40 Million |
| Kelington Group Bhd (0151) | $34.42 Million | 23.46% | 0.65x | $1.51 Billion |
| Widad Group Bhd (0162) | $27.35 Million | 5.83% | 1.21x | $11.75 Million |
| Pasukhas Group Bhd (0177) | $81.97 Million | 0.74% | 1.09x | $3.35 Million |
| HSS Engineers Bhd (0185) | $35.94 Million | 28.20% | 1.15x | $51.07 Million |
| Cabnet Holdings Bhd (0191) | $43.50 Million | -10.37% | 0.51x | $9.20 Million |
| Inta Bina Group Bhd (0192) | $169.16 Million | 13.52% | 2.01x | $58.65 Million |
About Ireka Corporation Bhd
Ireka Corporation Berhad, an investment holding company, engages in the construction, and property development, and energy and utilities business in Malaysia. The company operates through five segments: Construction, Property Development, Trading and Services, Investment Holding, and Property Investment. It is also involved in the investment, management, and rental of properties; development and … Read more