Prolexus Bhd
Techbase Industries Berhad, an investment holding company, operates in apparel business in Malaysia, the United States, Europe, Asia, and internationally. The company operates through four segments: Apparels, Textile, Advertising, and Others. It offers outerwear, tops and bottoms, and children and adult wear for running, training, performance sport, casual sportswear, gym, and yoga, as well as fa… Read more
Prolexus Bhd (8966) - Net Assets
Latest net assets as of October 2025: RM314.26 Million MYR
Based on the latest financial reports, Prolexus Bhd (8966) has net assets worth RM314.26 Million MYR as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM382.56 Million) and total liabilities (RM68.30 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 | RM314.26 Million |
| % of Total Assets | 82.15% |
| Annual Growth Rate | 13.65% |
| 5-Year Change | 30.18% |
| 10-Year Change | 74.68% |
| Growth Volatility | 14.56 |
Prolexus Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Prolexus 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 Prolexus Bhd (2012–2025)
The table below shows the annual net assets of Prolexus Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | RM343.09 Million | +0.71% |
| 2024-07-31 | RM340.66 Million | +12.79% |
| 2023-07-31 | RM302.03 Million | +8.73% |
| 2022-07-31 | RM277.79 Million | +5.40% |
| 2021-07-31 | RM263.55 Million | +6.72% |
| 2020-07-31 | RM246.97 Million | +8.33% |
| 2019-07-31 | RM227.97 Million | +2.10% |
| 2018-07-31 | RM223.27 Million | +1.68% |
| 2017-07-31 | RM219.59 Million | +11.80% |
| 2016-07-31 | RM196.41 Million | +55.88% |
| 2015-07-31 | RM126.00 Million | +24.75% |
| 2014-07-31 | RM101.00 Million | +24.69% |
| 2013-07-31 | RM81.00 Million | +24.62% |
| 2012-07-31 | RM65.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prolexus 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 grown by 28.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM140.60 Million | 44.24% |
| Other Components | RM177.21 Million | 55.76% |
| Total Equity | RM317.81 Million | 100.00% |
Prolexus Bhd Competitors by Market Cap
The table below lists competitors of Prolexus Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Autocorp Holding Public Company Limited
BK:ACG
|
$2.77 Million |
|
Qlife Holding AB
ST:QLIFE
|
$2.77 Million |
|
AUX INTERN. HD-01
F:MEN
|
$2.77 Million |
|
VS Media Holdings Limited Class A Ordinary Shares
NASDAQ:VSME
|
$2.77 Million |
|
Discovery Lithium Inc.
PINK:DCLIF
|
$2.77 Million |
|
Cinevista Limited
NSE:CINEVISTA
|
$2.77 Million |
|
HANSEYACHTS
HM:H9Y
|
$2.77 Million |
|
Mink Ventures Corporation
V:MINK
|
$2.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prolexus Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 302,027,000 to 317,815,000, a change of 15,788,000 (5.2%).
- Net loss of 29,419,000 reduced equity.
- New share issuances of 40,377,000 increased equity.
- Other factors increased equity by 4,830,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-29.42 Million | -9.26% |
| Share Issuances | RM40.38 Million | +12.7% |
| Other Changes | RM4.83 Million | +1.52% |
| Total Change | RM- | 5.23% |
Book Value vs Market Value Analysis
This analysis compares Prolexus 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: 0.07x
- 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 |
|---|---|---|---|
| 2016-07-31 | RM0.77 | RM0.07 | x |
| 2017-07-31 | RM0.84 | RM0.07 | x |
| 2018-07-31 | RM0.86 | RM0.07 | x |
| 2019-07-31 | RM0.87 | RM0.07 | x |
| 2020-07-31 | RM0.94 | RM0.07 | x |
| 2021-07-31 | RM0.99 | RM0.07 | x |
| 2022-07-31 | RM1.02 | RM0.07 | x |
| 2023-07-31 | RM1.10 | RM0.07 | x |
| 2024-07-31 | RM1.06 | RM0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prolexus 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): -9.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.07%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.29x
- Recent ROE (-9.26%) is below the historical average (5.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.43% | 7.04% | 1.33x | 1.55x | RM8.71 Million |
| 2017 | 10.30% | 6.49% | 1.13x | 1.41x | RM651.40K |
| 2018 | 3.58% | 2.64% | 0.86x | 1.58x | RM-14.32 Million |
| 2019 | 2.64% | 1.65% | 0.89x | 1.79x | RM-16.78 Million |
| 2020 | 7.14% | 5.18% | 0.79x | 1.75x | RM-7.07 Million |
| 2021 | 6.35% | 7.35% | 0.57x | 1.51x | RM-9.62 Million |
| 2022 | 3.15% | 3.68% | 0.57x | 1.50x | RM-19.04 Million |
| 2023 | 6.91% | 9.35% | 0.54x | 1.38x | RM-9.32 Million |
| 2024 | -9.26% | -16.07% | 0.45x | 1.29x | RM-61.20 Million |
Industry Comparison
This section compares Prolexus Bhd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $283,726,859
- Average return on equity (ROE) among peers: 5.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prolexus Bhd (8966) | RM314.26 Million | 14.43% | 0.22x | $2.77 Million |
| PCCS Group Bhd (6068) | $153.51 Million | 9.85% | 1.13x | $2.61 Million |
| Magni Tech Industries Bhd (7087) | $762.20 Million | 12.03% | 0.13x | $47.43 Million |
| Caely Holdings Bhd (7154) | $106.71 Million | -8.54% | 0.92x | $3.21 Million |
| Cheetah Holdings Bhd (7209) | $139.01 Million | -5.10% | 0.07x | $4.50 Million |
| Bonia Corporation Bhd (9288) | $432.93 Million | 7.33% | 0.64x | $9.99 Million |
| Teo Guan Lee Corporation Bhd (9369) | $108.00 Million | 14.75% | 0.33x | $2.29 Million |