CWG Holdings Bhd Net Assets
CWG Holdings Bhd net assets. Based on the latest financial reports, CWG Holdings Bhd (9423) has net assets worth RM129.99 Million MYR (≈ $32.64 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 (RM169.58 Million ≈ $42.58 Million USD) and total liabilities (RM39.59 Million ≈ $9.94 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. See CWG Holdings Bhd (9423) balance sheet quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM129.99 Million |
| % of Total Assets | 76.65% |
| Annual Growth Rate | 8.41% |
| 5-Year Change | 29.67% |
| 10-Year Change | 131.78% |
| Growth Volatility | 12.74 |
Net Assets of CWG Holdings Bhd (2012–2026)
Net assets of CWG Holdings Bhd from 2012 to 2026. This chart illustrates how CWG Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 9423 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Net Assets for CWG Holdings Bhd (2012–2026)
The table below shows the annual net assets of CWG Holdings Bhd from 2012 to 2026. For live market cap and overall valuation, see 9423 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | RM129.99 Million ≈ $32.64 Million |
+2.73% |
| 2025-06-30 | RM126.54 Million ≈ $31.77 Million |
+23.41% |
| 2024-06-30 | RM102.54 Million ≈ $25.74 Million |
-2.03% |
| 2023-06-30 | RM104.66 Million ≈ $26.28 Million |
+4.40% |
| 2022-06-30 | RM100.24 Million ≈ $25.17 Million |
+20.25% |
| 2021-06-30 | RM83.36 Million ≈ $20.93 Million |
-2.56% |
| 2020-06-30 | RM85.55 Million ≈ $21.48 Million |
+0.63% |
| 2019-06-30 | RM85.02 Million ≈ $21.34 Million |
+3.92% |
| 2018-06-30 | RM81.81 Million ≈ $20.54 Million |
+45.88% |
| 2017-06-30 | RM56.08 Million ≈ $14.08 Million |
+9.73% |
| 2016-06-30 | RM51.11 Million ≈ $12.83 Million |
+13.58% |
| 2015-06-30 | RM45.00 Million ≈ $11.30 Million |
+4.65% |
| 2014-06-30 | RM43.00 Million ≈ $10.80 Million |
+2.38% |
| 2013-06-30 | RM42.00 Million ≈ $10.54 Million |
0.00% |
| 2012-06-30 | RM42.00 Million ≈ $10.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CWG 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
CWG Holdings Bhd Net Assets Breakdown (June 2026)
CWG Holdings Bhd net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM129.99 Million | 100.00% |
| Total Equity | RM129.99 Million | 100.00% |
CWG Holdings Bhd Competitors by Market Cap
The table below lists competitors of CWG Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chitose Internasional Tbk
JK:CINT
|
$10.20 Million |
|
The House of Agriculture Spiroy S.A.
AT:SPIR
|
$10.20 Million |
|
Medicus Pharma Ltd. Common Stock
NASDAQ:MDCX
|
$10.20 Million |
|
Tira Austenite Tbk
JK:TIRA
|
$10.20 Million |
|
ICG Enterprise Trust PLC
LSE:ICGT
|
$10.18 Million |
|
Noble Helium Ltd
AU:NHE
|
$10.18 Million |
|
REC Silicon ASA
OL:RECSI
|
$10.18 Million |
|
SeaStar Medical Holding Corporation
NASDAQ:ICU
|
$10.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CWG Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 126,537,690 to 129,990,000, a change of 3,452,310 (2.7%).
- Net income of 4,762,000 contributed positively to equity growth.
- Dividend payments of 1,310,000 reduced retained earnings.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM4.76 Million | +3.66% |
| Dividends Paid | RM1.31 Million | -1.01% |
| Other Changes | RM310.00 | +0.0% |
| Total Change | RM- | 2.73% |
Book Value vs Market Value Analysis
This analysis compares CWG 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: 0.31x
- 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 0.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM1.20 | RM0.16 | x |
| 2017-06-30 | RM0.66 | RM0.16 | x |
| 2018-06-30 | RM0.65 | RM0.16 | x |
| 2019-06-30 | RM0.67 | RM0.16 | x |
| 2020-06-30 | RM0.68 | RM0.16 | x |
| 2021-06-30 | RM0.66 | RM0.16 | x |
| 2022-06-30 | RM0.61 | RM0.16 | x |
| 2023-06-30 | RM0.64 | RM0.16 | x |
| 2024-06-30 | RM0.55 | RM0.16 | x |
| 2025-06-30 | RM0.48 | RM0.16 | x |
| 2026-06-30 | RM0.50 | RM0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CWG 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): 3.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.90%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.30x
- Recent ROE (3.66%) is below the historical average (4.98%), 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 | 13.63% | 7.54% | 1.01x | 1.80x | RM1.86 Million |
| 2017 | 11.49% | 6.40% | 1.00x | 1.79x | RM837.29K |
| 2018 | 8.04% | 6.24% | 0.89x | 1.45x | RM-1.61 Million |
| 2019 | 6.10% | 5.11% | 0.94x | 1.27x | RM-3.31 Million |
| 2020 | 3.01% | 3.04% | 0.77x | 1.29x | RM-5.98 Million |
| 2021 | -1.79% | -2.49% | 0.59x | 1.21x | RM-9.83 Million |
| 2022 | 1.67% | 2.44% | 0.53x | 1.30x | RM-8.35 Million |
| 2023 | 5.71% | 6.45% | 0.73x | 1.21x | RM-4.49 Million |
| 2024 | -1.78% | -2.80% | 0.49x | 1.30x | RM-12.08 Million |
| 2025 | 5.00% | 5.82% | 0.57x | 1.50x | RM-6.33 Million |
| 2026 | 3.66% | 3.90% | 0.72x | 1.30x | RM-8.24 Million |
Industry Comparison
This section compares CWG Holdings Bhd's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $634,044,580
- Average return on equity (ROE) among peers: 4.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CWG Holdings Bhd (9423) | RM129.99 Million | 13.63% | 0.30x | $10.19 Million |
| Muda Holdings Bhd (3883) | $1.08 Billion | 3.64% | 0.79x | $53.61 Million |
| Wang-Zheng Bhd (7203) | $186.32 Million | 5.67% | 0.42x | $15.93 Million |
About CWG Holdings Bhd
CWG Holdings Berhad, an investment holding company, engages in the manufacture and sale of paper-based stationery and printing materials in Malaysia, Africa, the United States, Europe, Oceania, and rest of Asia. The company operates in three segments, Manufacture and Sale of Stationery and Printing Materials; Investment Holding; and Property Development. The company supplies and distributes non-p… Read more