FSBM Holdings Bhd
FSBM Holdings Berhad, an investment holding company, distributes computers, computer related products, and education related products in Malaysia. It operates through Intelligent Application and Digital Solution; Smart manufacturing Solutions; Managed Security Services; and Others segments. The company develops web-based and mobile platforms, software applications, and system integrations, as wel… Read more
FSBM Holdings Bhd (9377) - Net Assets
Latest net assets as of September 2025: RM23.00 Million MYR
Based on the latest financial reports, FSBM Holdings Bhd (9377) has net assets worth RM23.00 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM28.53 Million) and total liabilities (RM5.53 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 | RM23.00 Million |
| % of Total Assets | 80.62% |
| Annual Growth Rate | -1.06% |
| 5-Year Change | 483.74% |
| 10-Year Change | 139.86% |
| Growth Volatility | 59.48 |
FSBM Holdings Bhd - Net Assets Trend (2013–2025)
This chart illustrates how FSBM Holdings 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 FSBM Holdings Bhd (2013–2025)
The table below shows the annual net assets of FSBM Holdings Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM26.39 Million | +2.41% |
| 2024-06-30 | RM25.77 Million | +106.24% |
| 2023-06-30 | RM12.49 Million | +537.74% |
| 2022-06-30 | RM-2.85 Million | -163.14% |
| 2021-06-30 | RM4.52 Million | -13.11% |
| 2020-06-30 | RM5.20 Million | -10.37% |
| 2018-06-30 | RM5.80 Million | -10.50% |
| 2017-06-30 | RM6.49 Million | +8.12% |
| 2016-06-30 | RM6.00 Million | -45.47% |
| 2015-06-30 | RM11.00 Million | -26.67% |
| 2014-12-31 | RM15.00 Million | -21.05% |
| 2014-06-30 | RM19.00 Million | -36.67% |
| 2013-06-30 | RM30.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FSBM Holdings 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 460700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM4.17 Million | 15.82% |
| Common Stock | RM22.92 Million | 86.88% |
| Total Equity | RM26.39 Million | 100.00% |
FSBM Holdings Bhd Competitors by Market Cap
The table below lists competitors of FSBM Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sherwood Corporation (Thailand) Public Company Limited
BK:SWC
|
$9.87 Million |
|
Bausen Inc.
TWO:2948
|
$9.88 Million |
|
JET Optoelectronics Co., Ltd.
TWO:2255
|
$9.88 Million |
|
Dutaland Bhd
KLSE:3948
|
$9.88 Million |
|
River Global Plc
F:DYJ0
|
$9.87 Million |
|
TWZ Corporation Public Company Limited
BK:TWZ
|
$9.87 Million |
|
Ovaro Kiinteistosijoitus Oyj
HE:OVARO
|
$9.87 Million |
|
Energisme
PA:ALNRG
|
$9.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FSBM Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,765,000 to 26,385,000, a change of 620,000 (2.4%).
- Net income of 995,000 contributed positively to equity growth.
- New share issuances of 1,555,000 increased equity.
- Other factors decreased equity by 1,930,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM995.00K | +3.77% |
| Share Issuances | RM1.55 Million | +5.89% |
| Other Changes | RM-1.93 Million | -7.31% |
| Total Change | RM- | 2.41% |
Book Value vs Market Value Analysis
This analysis compares FSBM Holdings 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: 4.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.43x to 4.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM0.05 | RM0.21 | x |
| 2017-06-30 | RM0.05 | RM0.21 | x |
| 2018-06-30 | RM0.04 | RM0.21 | x |
| 2020-06-30 | RM0.04 | RM0.21 | x |
| 2021-06-30 | RM0.02 | RM0.21 | x |
| 2022-06-30 | RM-0.01 | RM0.21 | x |
| 2023-06-30 | RM0.04 | RM0.21 | x |
| 2024-06-30 | RM0.05 | RM0.21 | x |
| 2025-06-30 | RM0.05 | RM0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FSBM Holdings 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): 3.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.79%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.10x
- Recent ROE (3.77%) is above the historical average (-13.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -79.71% | -103.19% | 0.33x | 2.32x | RM-5.38 Million |
| 2017 | -50.01% | -134.29% | 0.21x | 1.79x | RM-3.89 Million |
| 2018 | -11.73% | -54.05% | 0.12x | 1.83x | RM-1.26 Million |
| 2020 | -11.57% | -315.18% | 0.02x | 1.83x | RM-1.12 Million |
| 2021 | -15.09% | -532.81% | 0.01x | 2.04x | RM-1.13 Million |
| 2022 | 0.00% | -2302.72% | 0.46x | 0.00x | RM-9.04 Million |
| 2023 | 35.34% | 35.28% | 0.87x | 1.16x | RM3.17 Million |
| 2024 | 7.48% | 15.01% | 0.50x | 1.01x | RM-649.50K |
| 2025 | 3.77% | 5.79% | 0.59x | 1.10x | RM-1.64 Million |
Industry Comparison
This section compares FSBM Holdings Bhd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $70,192,153
- Average return on equity (ROE) among peers: 7.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FSBM Holdings Bhd (9377) | RM23.00 Million | -79.71% | 0.24x | $9.87 Million |
| Pineapple Resources Bhd (0006) | $26.14 Million | -2.40% | 0.10x | $1.52 Million |
| Artroniq Berhad (0038) | $34.80 Million | 3.33% | 0.48x | $6.75 Million |
| Vsolar Group Bhd (0066) | $16.61 Million | -9.76% | 0.04x | $1.89 Million |
| YGL Convergence Bhd (0086) | $16.73 Million | -13.68% | 0.14x | $1.54 Million |
| QES Group Bhd (0196) | $117.28 Million | 7.38% | 0.63x | $31.06 Million |
| Radiant Globaltech Bhd (0202) | $23.34 Million | 40.57% | 1.70x | $5.76 Million |
| Aco Group Bhd (0218) | $84.42 Million | 8.37% | 0.79x | $3.11 Million |
| SNS (0259) | $63.10 Million | 37.05% | 2.55x | $49.71 Million |
| Marco Holdings Bhd (3514) | $202.99 Million | 7.64% | 0.08x | $8.44 Million |
| Compugates Holdings Bhd (5037) | $116.50 Million | -5.34% | 0.61x | $4.53 Million |