Industronics Bhd Net Assets
Industronics Bhd net assets. Based on the latest financial reports, Industronics Bhd (9393) has net assets worth RM21.90 Million MYR (≈ $5.50 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 (RM65.19 Million ≈ $16.37 Million USD) and total liabilities (RM43.30 Million ≈ $10.87 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. Also explore 9393 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM21.90 Million |
| % of Total Assets | 33.59% |
| Annual Growth Rate | -6.83% |
| 5-Year Change | 134.29% |
| 10-Year Change | -37.59% |
| Growth Volatility | 48.4 |
Net Assets of Industronics Bhd (2012–2024)
Net assets of Industronics Bhd from 2012 to 2024. This chart illustrates how Industronics Bhd's net assets have evolved over time, based on quarterly financial data. See Industronics Bhd balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Industronics Bhd (2012–2024)
The table below shows the annual net assets of Industronics Bhd from 2012 to 2024. For live market cap and overall valuation, see market cap of Industronics Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM23.09 Million ≈ $5.80 Million |
-22.13% |
| 2023-12-31 | RM29.66 Million ≈ $7.45 Million |
-25.11% |
| 2022-12-31 | RM39.60 Million ≈ $9.94 Million |
+121.65% |
| 2021-12-31 | RM17.86 Million ≈ $4.49 Million |
+81.25% |
| 2020-12-31 | RM9.86 Million ≈ $2.47 Million |
-33.59% |
| 2019-12-31 | RM14.84 Million ≈ $3.73 Million |
+4.15% |
| 2018-12-31 | RM14.25 Million ≈ $3.58 Million |
-12.62% |
| 2017-12-31 | RM16.31 Million ≈ $4.09 Million |
-33.22% |
| 2016-12-31 | RM24.42 Million ≈ $6.13 Million |
-34.00% |
| 2015-12-31 | RM37.00 Million ≈ $9.29 Million |
-22.92% |
| 2014-12-31 | RM48.00 Million ≈ $12.05 Million |
-29.41% |
| 2013-12-31 | RM68.00 Million ≈ $17.07 Million |
+25.93% |
| 2012-12-31 | RM54.00 Million ≈ $13.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Industronics 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 637912600.0% over the analyzed period, indicating profitable operations and earnings retention.
Industronics Bhd Net Assets Breakdown (December 2024)
Industronics Bhd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM43.67 Million | 189.13% |
| Total Equity | RM23.09 Million | 100.00% |
Industronics Bhd Competitors by Market Cap
The table below lists competitors of Industronics Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nvni Group Limited Ordinary Shares
NASDAQ:NVNI
|
$5.33 Million |
|
Zephyr Minerals Ltd
V:ZFR
|
$5.33 Million |
|
Trinity Biotech plc
NASDAQ:TRIB
|
$5.33 Million |
|
Artemis Resources Ltd
AU:ARV
|
$5.34 Million |
|
Game Your Game, Inc. Common Stock
NASDAQ:GYGY
|
$5.33 Million |
|
Questor Technology Inc.
V:QST
|
$5.32 Million |
|
Nikola Corp
NASDAQ:NKLA
|
$5.32 Million |
|
European Opportunities Trust plc
LSE:EOT
|
$5.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Industronics Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,655,340 to 23,092,604, a change of -6,562,736 (-22.1%).
- Net loss of 6,619,172 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-6.62 Million | -28.66% |
| Other Changes | RM56.44K | +0.24% |
| Total Change | RM- | -22.13% |
Book Value vs Market Value Analysis
This analysis compares Industronics 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: 0.92x
- 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 increased from 0.13x to 0.92x 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 | RM0.24 | RM0.03 | x |
| 2017-12-31 | RM0.16 | RM0.03 | x |
| 2018-12-31 | RM0.14 | RM0.03 | x |
| 2019-12-31 | RM0.11 | RM0.03 | x |
| 2020-12-31 | RM0.07 | RM0.03 | x |
| 2021-12-31 | RM0.05 | RM0.03 | x |
| 2022-12-31 | RM0.06 | RM0.03 | x |
| 2023-12-31 | RM0.04 | RM0.03 | x |
| 2024-12-31 | RM0.03 | RM0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Industronics 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): -28.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -48.69%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 3.11x
- Recent ROE (-28.66%) is below the historical average (-23.98%), 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 | -52.51% | -43.44% | 0.74x | 1.63x | RM-15.26 Million |
| 2017 | -38.04% | -8.24% | 2.63x | 1.75x | RM-7.83 Million |
| 2018 | -19.02% | -7.08% | 1.69x | 1.59x | RM-4.14 Million |
| 2019 | -15.02% | -14.46% | 0.60x | 1.72x | RM-3.71 Million |
| 2020 | -4.34% | -2.46% | 1.06x | 1.68x | RM-1.41 Million |
| 2021 | -26.62% | -11.78% | 0.73x | 3.09x | RM-6.54 Million |
| 2022 | -17.97% | -12.86% | 0.63x | 2.21x | RM-11.07 Million |
| 2023 | -13.61% | -7.37% | 0.70x | 2.64x | RM-7.00 Million |
| 2024 | -28.66% | -48.69% | 0.19x | 3.11x | RM-8.93 Million |
Industry Comparison
This section compares Industronics Bhd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $321,765,230
- Average return on equity (ROE) among peers: 5.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Industronics Bhd (9393) | RM21.90 Million | -52.51% | 1.98x | $5.33 Million |
| Scope Industries Bhd (0028) | $193.75 Million | 3.15% | 0.21x | $21.75 Million |
| Notion Vtec Bhd (0083) | $416.00 Million | 1.81% | 0.27x | $72.63 Million |
| K-One Technology Bhd (0111) | $114.74 Million | 0.23% | 0.69x | $32.38 Million |
| JHM Consolidation Bhd (0127) | $306.46 Million | 7.07% | 0.61x | $83.68 Million |
| NationGate Holdings Berhad (0270) | $85.43 Million | 6.16% | 2.75x | $1.15 Billion |
| GUH Holdings Bhd (3247) | $482.56 Million | -0.89% | 0.27x | $16.83 Million |
| Cape EMS Berhad (5311) | $99.14 Million | 3.85% | 0.02x | $66.00 Million |
| CPE Technology Berhad (5317) | $328.16 Million | 7.15% | 0.08x | $215.74 Million |
| VS Industry Bhd (6963) | $979.62 Million | 13.55% | 0.89x | $319.36 Million |
| PIE Industrial Bhd (7095) | $211.78 Million | 16.02% | 0.23x | $151.38 Million |
About Industronics Bhd
Industronics Berhad, together with its subsidiaries, engages in the designing, manufacturing, and installation of electronic products in Malaysia and Hong Kong. It operates through three segments: Electronics and System Integration; Security Systems, Mechanical and Electrical Engineering (M&E); and Trading & Services Operations. The Electronics and System Integration segment is involved in the de… Read more