Advanced Packaging Tech (Malaysia) (9148) - Net Assets
Based on the latest financial reports, Advanced Packaging Tech (Malaysia) (9148) has net assets worth RM27.90 Million MYR (≈ $7.01 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM55.02 Million ≈ $13.81 Million USD) and total liabilities (RM27.12 Million ≈ $6.81 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 9148 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM27.90 Million |
| % of Total Assets | 50.72% |
| Annual Growth Rate | -0.66% |
| 5-Year Change | -4.22% |
| 10-Year Change | -12.02% |
| Growth Volatility | 2.57 |
Advanced Packaging Tech (Malaysia) - Net Assets Trend (2012–2025)
This chart illustrates how Advanced Packaging Tech (Malaysia)'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Advanced Packaging Tech (Malaysia) (9148) total market value.
Annual Net Assets for Advanced Packaging Tech (Malaysia) (2012–2025)
The table below shows the annual net assets of Advanced Packaging Tech (Malaysia) from 2012 to 2025. Also explore Advanced Packaging Tech (Malaysia) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM27.52 Million ≈ $6.91 Million |
-2.95% |
| 2024-12-31 | RM28.36 Million ≈ $7.12 Million |
-0.67% |
| 2023-12-31 | RM28.55 Million ≈ $7.17 Million |
-2.86% |
| 2022-12-31 | RM29.39 Million ≈ $7.38 Million |
+2.29% |
| 2021-12-31 | RM28.74 Million ≈ $7.21 Million |
-3.66% |
| 2020-12-31 | RM29.83 Million ≈ $7.49 Million |
+2.11% |
| 2019-12-31 | RM29.21 Million ≈ $7.33 Million |
-1.77% |
| 2018-12-31 | RM29.74 Million ≈ $7.47 Million |
-1.60% |
| 2017-12-31 | RM30.22 Million ≈ $7.59 Million |
-3.39% |
| 2016-12-31 | RM31.28 Million ≈ $7.85 Million |
+0.91% |
| 2015-12-31 | RM31.00 Million ≈ $7.78 Million |
+3.33% |
| 2014-12-31 | RM30.00 Million ≈ $7.53 Million |
-3.23% |
| 2013-12-31 | RM31.00 Million ≈ $7.78 Million |
+3.33% |
| 2012-12-31 | RM30.00 Million ≈ $7.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Advanced Packaging Tech (Malaysia)'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 29.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM8.38 Million | 30.45% |
| Other Components | RM19.14 Million | 69.55% |
| Total Equity | RM27.52 Million | 100.00% |
Advanced Packaging Tech (Malaysia) Competitors by Market Cap
The table below lists competitors of Advanced Packaging Tech (Malaysia) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intrasense
PA:ALINS
|
$11.37 Million |
|
CS Corporation
KQ:065770
|
$11.39 Million |
|
Revenue Group Bhd
KLSE:0200
|
$11.39 Million |
|
Oxbridge Re Holdings Ltd
NASDAQ:OXBR
|
$11.39 Million |
|
TalkPool AG
ST:TALK
|
$11.37 Million |
|
Magnum Mining and Exploration Ltd
AU:MGU
|
$11.37 Million |
|
Narmada Agrobase Limited
NSE:NARMADA
|
$11.36 Million |
|
Active Biotech AB
ST:ACTI
|
$11.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advanced Packaging Tech (Malaysia)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 28,360,094 to 27,523,104, a change of -836,990 (-3.0%).
- Net income of 359,452 contributed positively to equity growth.
- Share repurchases of 1,196,442 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM359.45K | +1.31% |
| Share Repurchases | RM1.20 Million | -4.35% |
| Total Change | RM- | -2.95% |
Book Value vs Market Value Analysis
This analysis compares Advanced Packaging Tech (Malaysia)'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: 1.66x
- 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 1.41x to 1.66x 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 | RM0.41 | RM0.58 | x |
| 2017-12-31 | RM0.40 | RM0.58 | x |
| 2018-12-31 | RM0.39 | RM0.58 | x |
| 2019-12-31 | RM0.38 | RM0.58 | x |
| 2020-12-31 | RM0.39 | RM0.58 | x |
| 2021-12-31 | RM0.38 | RM0.58 | x |
| 2022-12-31 | RM0.37 | RM0.58 | x |
| 2023-12-31 | RM0.35 | RM0.58 | x |
| 2024-12-31 | RM0.35 | RM0.58 | x |
| 2025-12-31 | RM0.35 | RM0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advanced Packaging Tech (Malaysia) 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): 1.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.95%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.96x
- Recent ROE (1.31%) is above the historical average (0.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.21% | 10.61% | 0.69x | 1.26x | RM-247.70K |
| 2017 | 3.89% | 4.72% | 0.66x | 1.25x | RM-1.85 Million |
| 2018 | 3.52% | 4.11% | 0.68x | 1.26x | RM-1.93 Million |
| 2019 | -0.49% | -0.63% | 0.62x | 1.25x | RM-3.06 Million |
| 2020 | 2.07% | 2.63% | 0.63x | 1.25x | RM-2.37 Million |
| 2021 | -3.80% | -4.52% | 0.67x | 1.26x | RM-3.97 Million |
| 2022 | -5.94% | -6.01% | 0.57x | 1.75x | RM-4.68 Million |
| 2023 | -6.06% | -6.70% | 0.51x | 1.76x | RM-4.58 Million |
| 2024 | -0.68% | -0.57% | 0.61x | 1.93x | RM-3.03 Million |
| 2025 | 1.31% | 0.95% | 0.71x | 1.96x | RM-2.39 Million |
Industry Comparison
This section compares Advanced Packaging Tech (Malaysia)'s net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $180,511,733
- Average return on equity (ROE) among peers: 4.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Packaging Tech (Malaysia) (9148) | RM27.90 Million | 9.21% | 0.97x | $11.37 Million |
| HPP Holdings Bhd (0228) | $115.49 Million | 7.29% | 0.27x | $28.30 Million |
| L&P Global Berhad (0268) | $100.58 Million | 20.57% | 0.43x | $25.99 Million |
| DS Sigma Holdings Berhad (0269) | $114.25 Million | 9.64% | 0.15x | $28.92 Million |
| Scientex Bhd (4731) | $368.03 Million | 7.74% | 0.61x | $1.48 Billion |
| Versatile Creative Bhd (4995) | $99.00 Million | -2.02% | 0.48x | $56.96 Million |
| Ornapaper Bhd (5065) | $201.14 Million | 2.80% | 0.73x | $13.03 Million |
| BP Plastics Holding Bhd (5100) | $205.79 Million | 14.41% | 0.40x | $58.30 Million |
| Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) | $441.46 Million | -6.48% | 1.12x | $26.58 Million |
| Box Pak (Malaysia) Bhd (6297) | $109.38 Million | -7.42% | 3.69x | $6.33 Million |
| Master Pack Group Bhd (7029) | $50.00 Million | 2.00% | 0.58x | $20.57 Million |
About Advanced Packaging Tech (Malaysia)
Greater Bay Holdings Berhad manufactures and distributes flexible packaging materials in Malaysia and internationally. The company offers single and multi-layer flexible packaging materials in roll and pouch/bag forms, as well as provides management services. It serves a range of industries, including snack foods, instant noodles, sweets and confectionery, liquid condiments, frozen foods, spices,… Read more