Theta Edge Bhd (9075) - Net Assets
Based on the latest financial reports, Theta Edge Bhd (9075) has net assets worth RM58.52 Million MYR (≈ $14.69 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 (RM173.41 Million ≈ $43.54 Million USD) and total liabilities (RM114.89 Million ≈ $28.84 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 Theta Edge Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM58.52 Million |
| % of Total Assets | 33.75% |
| Annual Growth Rate | -2.17% |
| 5-Year Change | -2.7% |
| 10-Year Change | -9.37% |
| Growth Volatility | 12.25 |
Theta Edge Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Theta Edge Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Theta Edge Bhd total assets for the complete picture of this company's asset base.
Annual Net Assets for Theta Edge Bhd (2012–2024)
The table below shows the annual net assets of Theta Edge Bhd from 2012 to 2024. For live valuation and market cap data, see Theta Edge Bhd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM60.72 Million ≈ $15.25 Million |
-24.60% |
| 2023-12-31 | RM80.54 Million ≈ $20.22 Million |
+10.33% |
| 2022-12-31 | RM73.00 Million ≈ $18.33 Million |
+26.71% |
| 2021-12-31 | RM57.61 Million ≈ $14.46 Million |
-7.69% |
| 2020-12-31 | RM62.41 Million ≈ $15.67 Million |
-10.04% |
| 2019-12-31 | RM69.37 Million ≈ $17.42 Million |
+2.19% |
| 2018-12-31 | RM67.89 Million ≈ $17.04 Million |
-2.31% |
| 2017-12-31 | RM69.50 Million ≈ $17.45 Million |
+2.04% |
| 2016-12-31 | RM68.10 Million ≈ $17.10 Million |
+1.65% |
| 2015-12-31 | RM67.00 Million ≈ $16.82 Million |
+4.69% |
| 2014-12-31 | RM64.00 Million ≈ $16.07 Million |
-9.86% |
| 2013-12-31 | RM71.00 Million ≈ $17.83 Million |
-10.13% |
| 2012-12-31 | RM79.00 Million ≈ $19.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Theta Edge 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 1515600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM115.02 Million | 189.41% |
| Total Equity | RM60.72 Million | 100.00% |
Theta Edge Bhd Competitors by Market Cap
The table below lists competitors of Theta Edge Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Berkosan Yalitim ve Tecrit Maddeleri Uretim ve Ticaret AS
IS:BRKSN
|
$18.68 Million |
|
ADS Maritime Holding Plc
OL:ADS
|
$18.68 Million |
|
Clime Investment Management Ltd
AU:CIW
|
$18.68 Million |
|
Great Southern Mining Ltd
AU:GSN
|
$18.68 Million |
|
FACILITIES BY ADF LS-01
F:ZC8
|
$18.66 Million |
|
Hanil Chemical Ind. Co. Ltd
KQ:007770
|
$18.65 Million |
|
VONEX Ltd
AU:VN8
|
$18.64 Million |
|
Drillcon AB
ST:DRIL
|
$18.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Theta Edge Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 80,539,000 to 60,724,000, a change of -19,815,000 (-24.6%).
- Net loss of 17,808,000 reduced equity.
- Dividend payments of 2,007,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-17.81 Million | -29.33% |
| Dividends Paid | RM2.01 Million | -3.31% |
| Total Change | RM- | -24.60% |
Book Value vs Market Value Analysis
This analysis compares Theta Edge 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: 1.22x
- 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 0.99x to 1.22x 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 | RM0.64 | RM0.63 | x |
| 2017-12-31 | RM0.65 | RM0.63 | x |
| 2018-12-31 | RM0.63 | RM0.63 | x |
| 2019-12-31 | RM0.65 | RM0.63 | x |
| 2020-12-31 | RM0.58 | RM0.63 | x |
| 2021-12-31 | RM0.54 | RM0.63 | x |
| 2022-12-31 | RM0.62 | RM0.63 | x |
| 2023-12-31 | RM0.68 | RM0.63 | x |
| 2024-12-31 | RM0.51 | RM0.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Theta Edge 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): -29.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.43%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.73x
- Recent ROE (-29.33%) is below the historical average (-2.72%), 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 | 2.43% | 1.22% | 1.38x | 1.45x | RM-5.15 Million |
| 2017 | 2.00% | 1.54% | 1.00x | 1.31x | RM-5.56 Million |
| 2018 | -2.37% | -2.28% | 0.89x | 1.17x | RM-8.40 Million |
| 2019 | 0.26% | 0.36% | 0.63x | 1.15x | RM-6.76 Million |
| 2020 | -11.16% | -14.67% | 0.64x | 1.19x | RM-13.21 Million |
| 2021 | -8.32% | -3.33% | 1.44x | 1.74x | RM-10.56 Million |
| 2022 | 10.42% | 8.07% | 0.68x | 1.89x | RM309.50K |
| 2023 | 11.56% | 6.45% | 0.95x | 1.89x | RM1.26 Million |
| 2024 | -29.33% | -29.43% | 0.58x | 1.73x | RM-23.88 Million |
Industry Comparison
This section compares Theta Edge Bhd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $154,301,364
- Average return on equity (ROE) among peers: -8.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Theta Edge Bhd (9075) | RM58.52 Million | 2.43% | 1.96x | $18.66 Million |
| NetX Holdings Bhd (0020) | $18.58 Million | -64.13% | 0.28x | $11.77 Million |
| Metronic Global Bhd (0043) | $151.33 Million | -19.43% | 0.23x | $1.92 Million |
| NCT Alliance Bhd (0056) | $802.53 Million | 6.18% | 1.24x | $308.04 Million |
| Vortex Consolidated Bhd (0060) | $312.11 Million | 0.76% | 0.09x | $72.28 Million |
| Lyc Healthcare Bhd (0075) | $27.58 Million | -33.45% | 5.64x | $2.79 Million |
| Aldrich Resources Bhd (0079) | $22.35 Million | -5.12% | 0.36x | $5.18 Million |
| Rexit Bhd (0106) | $36.05 Million | 21.79% | 0.08x | $24.14 Million |
| Privasia Technology Bhd (0123) | $60.75 Million | 1.15% | 0.92x | $13.57 Million |
| Microlink Solutions Bhd (0126) | $56.55 Million | 2.38% | 2.08x | $32.31 Million |
| Diversified Gateway Solutions Bhd (0131) | $55.19 Million | 6.62% | 0.85x | $15.91 Million |
About Theta Edge Bhd
Theta Edge Berhad, an investment holding company, engages in the provision of information technology and telecommunication engineering services in Malaysia. It operates through Information Technology, and Telecommunication segments. The company offers connected mobility, smart cities and sustainability, health and wellbeing, pilgrimage logistics innovation, telecommunication and infrastructure, s… Read more