Sinmah Capital Bhd (9776) - Net Assets

Latest as of September 2025: RM47.36 Million MYR ≈ $11.89 Million USD

Based on the latest financial reports, Sinmah Capital Bhd (9776) has net assets worth RM47.36 Million MYR (≈ $11.89 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 (RM69.54 Million ≈ $17.46 Million USD) and total liabilities (RM22.18 Million ≈ $5.57 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 Sinmah Capital Bhd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets RM47.36 Million
% of Total Assets 68.1%
Annual Growth Rate -5.07%
5-Year Change -43.7%
10-Year Change -41.84%
Growth Volatility 18.38

Sinmah Capital Bhd - Net Assets Trend (2012–2024)

This chart illustrates how Sinmah Capital Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 9776 total assets for the complete picture of this company's asset base.

Annual Net Assets for Sinmah Capital Bhd (2012–2024)

The table below shows the annual net assets of Sinmah Capital Bhd from 2012 to 2024. For live valuation and market cap data, see market value of Sinmah Capital Bhd.

Year Net Assets Change
2024-12-31 RM47.11 Million
≈ $11.83 Million		 -44.93%
2023-12-31 RM85.53 Million
≈ $21.47 Million		 -13.79%
2022-12-31 RM99.22 Million
≈ $24.91 Million		 -4.67%
2021-12-31 RM104.08 Million
≈ $26.13 Million		 +24.40%
2020-12-31 RM83.67 Million
≈ $21.01 Million		 -12.57%
2019-12-31 RM95.70 Million
≈ $24.03 Million		 -0.88%
2018-12-31 RM96.55 Million
≈ $24.24 Million		 -11.74%
2017-12-31 RM109.40 Million
≈ $27.47 Million		 +15.59%
2016-12-31 RM94.65 Million
≈ $23.76 Million		 +16.85%
2015-12-31 RM81.00 Million
≈ $20.34 Million		 -19.00%
2014-12-31 RM100.00 Million
≈ $25.11 Million		 +1.01%
2013-12-31 RM99.00 Million
≈ $24.86 Million		 +12.50%
2012-12-31 RM88.00 Million
≈ $22.09 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Sinmah Capital 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 1901100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock RM114.12 Million 242.25%
Total Equity RM47.11 Million 100.00%

Sinmah Capital Bhd Competitors by Market Cap

The table below lists competitors of Sinmah Capital Bhd ranked by their market capitalization.

Company Market Cap
Bestec Power Electronics Co Ltd
TW:3308
 $38.37 Million
OKYO PHARMA LTD SP.ADR/65
F:OK10
 $38.38 Million
CORESTATE Capital Holding S.A
F:CCAP
 $38.38 Million
Coda Minerals Ltd
AU:COD
 $38.39 Million
SJM Co Ltd
KO:123700
 $38.34 Million
Integrated Research Ltd
AU:IRI
 $38.33 Million
Yuanta Securities Korea Co Ltd Preference Shares
KO:003475
 $38.33 Million
Homecast Co.Ltd
KQ:064240
 $38.33 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 85,534,000 to 47,107,000, a change of -38,427,000 (-44.9%).
  • Net loss of 41,769,000 reduced equity.
  • Share repurchases of 3,342,000 reduced equity.
  • New share issuances of 3,342,000 increased equity.
  • Other factors increased equity by 3,342,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM-41.77 Million -88.67%
Share Repurchases RM3.34 Million -7.09%
Share Issuances RM3.34 Million +7.09%
Other Changes RM3.34 Million +7.09%
Total Change RM- -44.93%

Book Value vs Market Value Analysis

This analysis compares Sinmah Capital 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: 2.95x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.29x to 2.95x 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 RM1.11 RM0.32 x
2017-12-31 RM1.29 RM0.32 x
2018-12-31 RM0.45 RM0.32 x
2019-12-31 RM0.45 RM0.32 x
2020-12-31 RM0.33 RM0.32 x
2021-12-31 RM0.32 RM0.32 x
2022-12-31 RM0.25 RM0.32 x
2023-12-31 RM0.22 RM0.32 x
2024-12-31 RM0.11 RM0.32 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sinmah Capital 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): -88.67%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -127.75%
  • • Asset Turnover: 0.42x
  • • Equity Multiplier: 1.65x
  • Recent ROE (-88.67%) is below the historical average (-18.66%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 -19.34% -4.61% 0.87x 4.85x RM-24.27 Million
2016 12.61% 3.47% 1.00x 3.63x RM2.47 Million
2017 13.74% 5.02% 1.09x 2.52x RM4.09 Million
2018 -40.58% -21.65% 1.22x 1.54x RM-48.83 Million
2019 -0.89% -0.47% 0.92x 2.08x RM-10.42 Million
2020 -26.45% -19.40% 0.66x 2.06x RM-30.50 Million
2021 -7.52% -5.95% 0.68x 1.87x RM-18.23 Million
2022 -13.49% -15.42% 0.69x 1.26x RM-23.31 Million
2023 -16.00% -54.53% 0.24x 1.22x RM-22.24 Million
2024 -88.67% -127.75% 0.42x 1.65x RM-46.48 Million

Industry Comparison

This section compares Sinmah Capital Bhd's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $731,118,650
  • Average return on equity (ROE) among peers: 18.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sinmah Capital Bhd (9776) RM47.36 Million -19.34% 0.47x $38.36 Million
Three A Resources Bhd (0012) $348.17 Million 8.45% 0.17x $86.02 Million
Sunzen Biotech Bhd (0148) $97.23 Million -0.13% 0.09x $45.14 Million
Bioalpha Holdings Bhd (0179) $97.99 Million 8.66% 0.16x $5.30 Million
Nova Wellness Group Bhd (0201) $109.78 Million 7.17% 0.09x $27.21 Million
SDS Group Bhd (0212) $71.91 Million 10.11% 0.93x $60.59 Million
PTRB (0260) $209.41 Million 5.85% 0.79x $39.63 Million
MYMBN Berhad (0280) $10.79 Million 62.41% 0.50x $9.21 Million
SBH Marine Holdings Berhad (0300) $73.93 Million 17.64% 0.36x $32.33 Million
OB Holdings Berhad (0327) $58.86 Million 9.34% 0.34x $20.16 Million
IOI Corporation Bhd (1961) $6.23 Billion 54.11% 1.46x $6.38 Billion

About Sinmah Capital Bhd

KLSE:9776 Malaysia Packaged Foods
Market Cap
$38.36 Million
RM152.79 Million MYR
Market Cap Rank
#22943 Global
#543 in Malaysia
Share Price
RM0.32
Change (1 day)
-1.54%
52-Week Range
RM0.04 - RM0.41
All Time High
RM0.65
Categories
Companies in Malaysia Packaged Foods
About

Rivertree STF Synergies Berhad, an investment holding company, engages in the property development business in Malaysia. It operates through Housing development and Other business segments. The company develops and constructs residential and commercial properties. It is also involved in the property management; building construction; general trading and management; and healthcare related activiti… Read more