Paragon Union Bhd (9407) - Net Assets
Based on the latest financial reports, Paragon Union Bhd (9407) has net assets worth RM122.20 Million MYR (≈ $30.68 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM209.73 Million ≈ $52.66 Million USD) and total liabilities (RM87.53 Million ≈ $21.98 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 asset resilience ratio of Paragon Union Bhd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM122.20 Million |
| % of Total Assets | 58.26% |
| Annual Growth Rate | 6.08% |
| 5-Year Change | 216.18% |
| 10-Year Change | 218.44% |
| Growth Volatility | 38.42 |
Paragon Union Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Paragon Union Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Paragon Union Bhd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Paragon Union Bhd (2012–2024)
The table below shows the annual net assets of Paragon Union Bhd from 2012 to 2024. For live valuation and market cap data, see Paragon Union Bhd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM117.82 Million ≈ $29.58 Million |
+53.90% |
| 2023-12-31 | RM76.56 Million ≈ $19.22 Million |
+120.11% |
| 2022-12-31 | RM34.78 Million ≈ $8.73 Million |
-11.63% |
| 2021-12-31 | RM39.36 Million ≈ $9.88 Million |
+5.62% |
| 2020-12-31 | RM37.27 Million ≈ $9.36 Million |
-12.28% |
| 2019-12-31 | RM42.48 Million ≈ $10.67 Million |
+7.09% |
| 2018-12-31 | RM39.67 Million ≈ $9.96 Million |
-2.50% |
| 2017-12-31 | RM40.69 Million ≈ $10.22 Million |
-1.85% |
| 2016-12-31 | RM41.45 Million ≈ $10.41 Million |
+12.04% |
| 2015-12-31 | RM37.00 Million ≈ $9.29 Million |
+2.78% |
| 2014-12-31 | RM36.00 Million ≈ $9.04 Million |
-36.84% |
| 2013-12-31 | RM57.00 Million ≈ $14.31 Million |
-1.72% |
| 2012-12-31 | RM58.00 Million ≈ $14.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Paragon Union 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 2072622000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM129.33 Million | 109.77% |
| Other Components | RM33.54 Million | 28.47% |
| Total Equity | RM117.82 Million | 100.00% |
Paragon Union Bhd Competitors by Market Cap
The table below lists competitors of Paragon Union Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atp Ticari Bilgisayar Agi ve Elektrik Guc Kaynaklari Uretim Pazarlama ve Ticaret
IS:ATATP
|
$123.89 Million |
|
Lake Resources N.L.
AU:LKE
|
$123.90 Million |
|
Reliance Industrial Infrastructure Limited
NSE:RIIL
|
$123.94 Million |
|
SV Investment Corporation
KQ:289080
|
$123.96 Million |
|
Quintain Steel Co Ltd
TW:2017
|
$123.87 Million |
|
Tian Zheng International Precision Machinery Co Ltd
TWO:6654
|
$123.85 Million |
|
New Best Wire Industrial Co Ltd
TWO:5013
|
$123.79 Million |
|
Amicorp FS (UK) PLC
LSE:AMIF
|
$123.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paragon Union Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 76,560,500 to 117,824,000, a change of 41,263,500 (53.9%).
- Net loss of 2,966,000 reduced equity.
- Share repurchases of 44,431,000 reduced equity.
- New share issuances of 44,431,000 increased equity.
- Other factors increased equity by 44,229,500.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-2.97 Million | -2.52% |
| Share Repurchases | RM44.43 Million | -37.71% |
| Share Issuances | RM44.43 Million | +37.71% |
| Other Changes | RM44.23 Million | +37.54% |
| Total Change | RM- | 53.90% |
Book Value vs Market Value Analysis
This analysis compares Paragon Union 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: 4.19x
- 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 7.62x to 4.19x 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 | RM0.64 | RM4.88 | x |
| 2017-12-31 | RM0.63 | RM4.88 | x |
| 2018-12-31 | RM0.61 | RM4.88 | x |
| 2019-12-31 | RM0.66 | RM4.88 | x |
| 2020-12-31 | RM0.56 | RM4.88 | x |
| 2021-12-31 | RM0.47 | RM4.88 | x |
| 2022-12-31 | RM0.41 | RM4.88 | x |
| 2023-12-31 | RM0.91 | RM4.88 | x |
| 2024-12-31 | RM1.17 | RM4.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paragon Union 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): -2.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.73%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.65x
- Recent ROE (-2.52%) is above the historical average (-5.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.10% | 5.59% | 1.01x | 1.61x | RM-374.48K |
| 2017 | -1.88% | -1.43% | 0.84x | 1.58x | RM-4.84 Million |
| 2018 | -2.33% | -1.80% | 0.81x | 1.61x | RM-4.89 Million |
| 2019 | 6.62% | 4.99% | 0.78x | 1.70x | RM-1.44 Million |
| 2020 | -15.39% | -14.54% | 0.56x | 1.89x | RM-9.46 Million |
| 2021 | -39.12% | -38.07% | 0.60x | 1.72x | RM-19.33 Million |
| 2022 | -16.35% | -9.33% | 0.92x | 1.90x | RM-9.16 Million |
| 2023 | 11.95% | 9.98% | 0.85x | 1.41x | RM1.49 Million |
| 2024 | -2.52% | -4.73% | 0.32x | 1.65x | RM-14.75 Million |
Industry Comparison
This section compares Paragon Union Bhd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $271,310,536
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paragon Union Bhd (9407) | RM122.20 Million | 9.10% | 0.72x | $123.89 Million |
| Eversafe Rubber Bhd (0190) | $59.11 Million | -7.55% | 1.21x | $4.83 Million |
| Betamek Bhd (0263) | $143.22 Million | 13.99% | 0.27x | $71.19 Million |
| APM Automotive Holdings Bhd (5015) | $1.23 Billion | 3.11% | 0.38x | $152.15 Million |
| ABM Fujiya Bhd (5198) | $163.76 Million | 0.92% | 0.89x | $11.75 Million |
| Globaltec Formation Bhd (5220) | $238.57 Million | 0.98% | 0.52x | $59.80 Million |
| Solid Automotive Bhd (5242) | $66.00 Million | 13.64% | 0.35x | $16.95 Million |
| Pecca Group Bhd (5271) | $155.35 Million | 5.40% | 0.10x | $261.92 Million |
| Feytech Holdings Berhad (5322) | $85.48 Million | 32.28% | 0.71x | $52.92 Million |
| MCE Holdings Bhd (7004) | $78.43 Million | -1.06% | 0.51x | $56.70 Million |
| New Hoong Fatt Holdings Bhd (7060) | $489.12 Million | 4.00% | 0.24x | $62.68 Million |
About Paragon Union Bhd
Paragon Union Berhad, an investment holding company, engages in the manufacturing and trading of car and commercial carpets, and automotive components, recycling and related activities. The company operates through three segments: Automotive, Commercial, and Recycling. The company offers commercial carpets, such as woven axminster, machine and hand tufted, wilton, and mosque carpets, as well as c… Read more