SEG International Bhd
SEG International Bhd, an investment holding company, provides educational and training services in Malaysia. The company offers programs in the areas of medicine, biomedical science, dentistry, pharmacy, optometry and vision sciences, pharmacy, engineering and built environment, business, accounting, law, technology and innovation. It also provides professional, commercial, and academic educatio… Read more
SEG International Bhd (9792) - Net Assets
Latest net assets as of September 2025: RM101.40 Million MYR
Based on the latest financial reports, SEG International Bhd (9792) has net assets worth RM101.40 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 (RM475.61 Million) and total liabilities (RM374.21 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 | RM101.40 Million |
| % of Total Assets | 21.32% |
| Annual Growth Rate | -6.67% |
| 5-Year Change | 26.33% |
| 10-Year Change | -46.76% |
| Growth Volatility | 28.54 |
SEG International Bhd - Net Assets Trend (2012–2024)
This chart illustrates how SEG International 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 SEG International Bhd (2012–2024)
The table below shows the annual net assets of SEG International Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM116.60 Million | -5.46% |
| 2023-12-31 | RM123.33 Million | -3.57% |
| 2022-12-31 | RM127.90 Million | -20.51% |
| 2021-12-31 | RM160.90 Million | +74.33% |
| 2020-12-31 | RM92.30 Million | +1.36% |
| 2019-12-31 | RM91.06 Million | +18.14% |
| 2018-12-31 | RM77.08 Million | -15.43% |
| 2017-12-31 | RM91.14 Million | -55.40% |
| 2016-12-31 | RM204.35 Million | -6.69% |
| 2015-12-31 | RM219.00 Million | -0.90% |
| 2014-12-31 | RM221.00 Million | -12.65% |
| 2013-12-31 | RM253.00 Million | -5.24% |
| 2012-12-31 | RM267.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SEG International 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 892900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM148.46 Million | 127.32% |
| Total Equity | RM116.60 Million | 100.00% |
SEG International Bhd Competitors by Market Cap
The table below lists competitors of SEG International Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COMAL S.P.A.
F:9NM
|
$31.88 Million |
|
Litemax Electronics
TWO:4995
|
$31.89 Million |
|
SICHUAN ENG.INV.DEV.H YC1
F:84H
|
$31.91 Million |
|
NORDISK BERGTEKNIK SER.B
F:9LY
|
$31.91 Million |
|
Kian Shen Corp
TW:1525
|
$31.87 Million |
|
GTS Internasional Tbk PT
JK:GTSI
|
$31.86 Million |
|
M.R.M. SA
PA:MRM
|
$31.86 Million |
|
Panca Budi Idaman Tbk PT
JK:PBID
|
$31.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SEG International Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 123,331,000 to 116,598,000, a change of -6,733,000 (-5.5%).
- Net income of 5,249,000 contributed positively to equity growth.
- Dividend payments of 12,219,000 reduced retained earnings.
- Share repurchases of 458,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.25 Million | +4.5% |
| Dividends Paid | RM12.22 Million | -10.48% |
| Share Repurchases | RM458.00K | -0.39% |
| Other Changes | RM695.00K | +0.6% |
| Total Change | RM- | -5.46% |
Book Value vs Market Value Analysis
This analysis compares SEG International 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: 7.57x
- 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 increased from 3.91x to 7.57x 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 | RM0.17 | RM0.65 | x |
| 2017-12-31 | RM0.07 | RM0.65 | x |
| 2018-12-31 | RM0.06 | RM0.65 | x |
| 2019-12-31 | RM0.07 | RM0.65 | x |
| 2020-12-31 | RM0.08 | RM0.65 | x |
| 2021-12-31 | RM0.13 | RM0.65 | x |
| 2022-12-31 | RM0.10 | RM0.65 | x |
| 2023-12-31 | RM0.09 | RM0.65 | x |
| 2024-12-31 | RM0.09 | RM0.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SEG International 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): 4.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.72%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 3.88x
- Recent ROE (4.50%) is below the historical average (28.90%), 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 | 10.92% | 9.49% | 0.71x | 1.62x | RM2.03 Million |
| 2016 | 13.27% | 10.42% | 0.87x | 1.47x | RM6.68 Million |
| 2017 | 44.09% | 15.68% | 0.97x | 2.90x | RM31.07 Million |
| 2018 | 54.69% | 16.70% | 0.71x | 4.62x | RM34.45 Million |
| 2019 | 49.56% | 18.50% | 0.72x | 3.74x | RM36.03 Million |
| 2020 | 42.45% | 19.19% | 0.60x | 3.67x | RM29.95 Million |
| 2021 | 28.73% | 20.69% | 0.55x | 2.54x | RM30.14 Million |
| 2022 | 31.42% | 18.78% | 0.57x | 2.93x | RM27.40 Million |
| 2023 | 9.39% | 6.21% | 0.45x | 3.34x | RM-757.10K |
| 2024 | 4.50% | 2.72% | 0.43x | 3.88x | RM-6.41 Million |
Industry Comparison
This section compares SEG International Bhd's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $87,265,467
- Average return on equity (ROE) among peers: 17.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SEG International Bhd (9792) | RM101.40 Million | 10.92% | 3.69x | $31.88 Million |
| Eduspec Holdings Bhd (0107) | $74.44 Million | -13.51% | 0.53x | $7.97 Million |
| SMRT Holdings Bhd (0117) | $95.76 Million | 28.90% | 0.18x | $7.33 Million |
| Peoplelogy Berhad (0356) | $34.50 Million | 15.85% | 0.23x | $6.39 Million |
| Minda Global Bhd (5166) | $202.62 Million | 1.73% | 1.21x | $8.84 Million |
| Awanbiru Technology Bhd (5204) | $29.01 Million | 52.10% | 0.52x | $31.24 Million |