Lysaght Galvanized Steel Bhd (9199) - Net Assets

Latest as of June 2025: RM172.21 Million MYR ≈ $43.24 Million USD

Based on the latest financial reports, Lysaght Galvanized Steel Bhd (9199) has net assets worth RM172.21 Million MYR (≈ $43.24 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM180.42 Million ≈ $45.30 Million USD) and total liabilities (RM8.21 Million ≈ $2.06 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 9199 strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets RM172.21 Million
% of Total Assets 95.45%
Annual Growth Rate 4.24%
5-Year Change 9.14%
10-Year Change 44.84%
Growth Volatility 7.68

Lysaght Galvanized Steel Bhd - Net Assets Trend (2012–2024)

This chart illustrates how Lysaght Galvanized Steel Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Lysaght Galvanized Steel Bhd (9199) total market value.

Annual Net Assets for Lysaght Galvanized Steel Bhd (2012–2024)

The table below shows the annual net assets of Lysaght Galvanized Steel Bhd from 2012 to 2024. Also explore Lysaght Galvanized Steel Bhd annual equity growth to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2024-12-31 RM169.46 Million
≈ $42.55 Million		 -5.61%
2023-12-31 RM179.54 Million
≈ $45.08 Million		 +6.84%
2022-12-31 RM168.04 Million
≈ $42.19 Million		 +5.76%
2021-12-31 RM158.89 Million
≈ $39.89 Million		 +2.33%
2020-12-31 RM155.27 Million
≈ $38.98 Million		 +0.61%
2019-12-31 RM154.33 Million
≈ $38.75 Million		 +4.24%
2018-12-31 RM148.05 Million
≈ $37.17 Million		 +4.62%
2017-12-31 RM141.51 Million
≈ $35.53 Million		 +11.40%
2016-12-31 RM127.03 Million
≈ $31.89 Million		 +8.57%
2015-12-31 RM117.00 Million
≈ $29.37 Million		 +17.00%
2014-12-31 RM100.00 Million
≈ $25.11 Million		 -13.04%
2013-12-31 RM115.00 Million
≈ $28.87 Million		 +11.65%
2012-12-31 RM103.00 Million
≈ $25.86 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Lysaght Galvanized Steel 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 41.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings RM120.75 Million 71.26%
Other Components RM48.71 Million 28.74%
Total Equity RM169.46 Million 100.00%

Lysaght Galvanized Steel Bhd Competitors by Market Cap

The table below lists competitors of Lysaght Galvanized Steel Bhd ranked by their market capitalization.

Company Market Cap
Silver Bear Resources Inc
TO:SBR
 $24.53 Million
Keller Group PLC
LSE:KLR
 $24.54 Million
Choo Bee Metal Industries Bhd
KLSE:5797
 $24.54 Million
Atlas Pearls Ltd
AU:ATP
 $24.54 Million
Khadim India Limited
NSE:KHADIM
 $24.53 Million
BMS Celik Hasir Sanayi ve Ticaret AS
IS:BMSCH
 $24.53 Million
Orion Digital Corp.
TO:ORIO
 $24.52 Million
Niche Capital Emas Holdings
KLSE:7139
 $24.52 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lysaght Galvanized Steel Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 179,542,624 to 169,464,912, a change of -10,077,712 (-5.6%).
  • Net income of 12,688,420 contributed positively to equity growth.
  • Dividend payments of 19,958,400 reduced retained earnings.
  • Other factors decreased equity by 2,807,732.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM12.69 Million +7.49%
Dividends Paid RM19.96 Million -11.78%
Other Changes RM-2.81 Million -1.66%
Total Change RM- -5.61%

Book Value vs Market Value Analysis

This analysis compares Lysaght Galvanized Steel 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: 0.58x
  • 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 decreased from 0.77x to 0.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 RM3.06 RM2.35 x
2017-12-31 RM3.40 RM2.35 x
2018-12-31 RM3.56 RM2.35 x
2019-12-31 RM3.71 RM2.35 x
2020-12-31 RM3.73 RM2.35 x
2021-12-31 RM3.82 RM2.35 x
2022-12-31 RM4.04 RM2.35 x
2023-12-31 RM4.32 RM2.35 x
2024-12-31 RM4.08 RM2.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lysaght Galvanized Steel 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): 7.49%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.43%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 1.05x
  • Recent ROE (7.49%) is above the historical average (6.52%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 11.79% 22.90% 0.48x 1.07x RM2.27 Million
2017 12.63% 19.69% 0.60x 1.07x RM3.73 Million
2018 6.21% 13.54% 0.44x 1.04x RM-5.61 Million
2019 5.91% 12.02% 0.47x 1.06x RM-6.31 Million
2020 1.98% 5.59% 0.34x 1.04x RM-12.46 Million
2021 2.15% 5.94% 0.35x 1.05x RM-12.47 Million
2022 4.22% 10.07% 0.40x 1.04x RM-9.71 Million
2023 6.27% 13.34% 0.45x 1.04x RM-6.71 Million
2024 7.49% 13.43% 0.53x 1.05x RM-4.26 Million

Industry Comparison

This section compares Lysaght Galvanized Steel Bhd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $524,546,869
  • Average return on equity (ROE) among peers: 4.34%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lysaght Galvanized Steel Bhd (9199) RM172.21 Million 11.79% 0.05x $24.53 Million
Tashin Holdings Bhd (0211) $155.78 Million 7.24% 0.30x $16.21 Million
LEFORM (0266) $551.74 Million -1.32% 2.62x $63.21 Million
Minox International Group Berhad (0288) $79.17 Million 6.50% 0.32x $14.46 Million
TSA (0297) $184.54 Million 9.47% 0.52x $71.05 Million
Melewar Industrial Group Bhd (3778) $416.35 Million 1.24% 1.07x $11.73 Million
Lion Industries Corporation Bhd (4235) $1.21 Billion -7.22% 1.02x $18.80 Million
AYS Ventures Bhd (5021) $208.00 Million 6.25% 1.23x $24.69 Million
Hiap Teck Venture Bhd (5072) $1.27 Billion 12.26% 0.59x $111.54 Million
Mycron Steel Bhd (5087) $385.86 Million -2.74% 0.64x $19.71 Million
CSC Steel Holdings Bhd (5094) $778.46 Million 11.71% 0.11x $114.97 Million

About Lysaght Galvanized Steel Bhd

KLSE:9199 Malaysia Steel
Market Cap
$24.53 Million
RM97.71 Million MYR
Market Cap Rank
#24538 Global
#634 in Malaysia
Share Price
RM2.35
Change (1 day)
-1.26%
52-Week Range
RM2.23 - RM2.60
All Time High
RM3.43
Categories
Companies in Malaysia Steel
About

Lysaght Galvanized Steel Berhad engages in manufacturing and selling galvanized steel products in Malaysia, Singapore, New Zealand, the United Arab Emirates, and internationally. The company is involved in trade of galvanized steel poles, masts, galvanized lighting columns and high masts, gantries, transmission and telecommunication towers, power poles and general lattice structures, and other re… Read more