SEG International Bhd (9792) - Net Assets

Latest as of December 2025: RM103.77 Million MYR ≈ $26.05 Million USD

Based on the latest financial reports, SEG International Bhd (9792) has net assets worth RM103.77 Million MYR (≈ $26.05 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 (RM469.99 Million ≈ $118.00 Million USD) and total liabilities (RM366.22 Million ≈ $91.95 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 total assets of SEG International Bhd for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM103.77 Million
% of Total Assets	22.08%
Annual Growth Rate	-7.08%
5-Year Change	-36.15%
10-Year Change	-49.73%
Growth Volatility	27.53

SEG International Bhd - Net Assets Trend (2012–2025)

This chart illustrates how SEG International Bhd's net assets have evolved over time, based on quarterly financial data. Check 9792 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for SEG International Bhd (2012–2025)

The table below shows the annual net assets of SEG International Bhd from 2012 to 2025. For live valuation and market cap data, see SEG International Bhd market cap and net worth.

Year	Net Assets	Change
2025-12-31	RM102.73 Million ≈ $25.79 Million	-11.90%
2024-12-31	RM116.60 Million ≈ $29.27 Million	-5.46%
2023-12-31	RM123.33 Million ≈ $30.96 Million	-3.57%
2022-12-31	RM127.90 Million ≈ $32.11 Million	-20.51%
2021-12-31	RM160.90 Million ≈ $40.40 Million	+74.33%
2020-12-31	RM92.30 Million ≈ $23.17 Million	+1.36%
2019-12-31	RM91.06 Million ≈ $22.86 Million	+18.14%
2018-12-31	RM77.08 Million ≈ $19.35 Million	-15.43%
2017-12-31	RM91.14 Million ≈ $22.88 Million	-55.40%
2016-12-31	RM204.35 Million ≈ $51.31 Million	-6.69%
2015-12-31	RM219.00 Million ≈ $54.98 Million	-0.90%
2014-12-31	RM221.00 Million ≈ $55.49 Million	-12.65%
2013-12-31	RM253.00 Million ≈ $63.52 Million	-5.24%
2012-12-31	RM267.00 Million ≈ $67.03 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 2231900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	RM127.08 Million	122.47%
Total Equity	RM103.77 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
Asia Cement KO:002030	$196.34 Million
Insecticides (India) Limited NSE:INSECTICID	$196.38 Million
Plum Acquisition Corp. IV Class A Ordinary Shares NASDAQ:PLMK	$196.39 Million
Shenzhen Jianyi Decoration Group Co Ltd SHE:002789	$196.44 Million
Bank Nationalnobu Tbk JK:NOBU	$196.32 Million
Vietnam Container Shipping JSC VN:VSC	$196.29 Million
Bastide Le Confort Médical SA PA:BLC	$196.28 Million
Neto M.E Holdings Ltd TA:NTO	$196.27 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 2024 to 2025, total equity changed from 116,598,000 to 103,766,000, a change of -12,832,000 (-11.0%).
Net income of 8,009,000 contributed positively to equity growth.
Dividend payments of 21,994,000 reduced retained earnings.
Other factors increased equity by 1,153,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM8.01 Million	+7.72%
Dividends Paid	RM21.99 Million	-21.2%
Other Changes	RM1.15 Million	+1.11%
Total Change	RM-	-11.01%

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: 7.54x
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 3.88x to 7.54x 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	RM0.64	x
2017-12-31	RM0.07	RM0.64	x
2018-12-31	RM0.06	RM0.64	x
2019-12-31	RM0.07	RM0.64	x
2020-12-31	RM0.08	RM0.64	x
2021-12-31	RM0.13	RM0.64	x
2022-12-31	RM0.10	RM0.64	x
2023-12-31	RM0.09	RM0.64	x
2024-12-31	RM0.10	RM0.64	x
2025-12-31	RM0.08	RM0.64	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): 7.72%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.86%
• Asset Turnover: 0.44x
• Equity Multiplier: 4.53x
Recent ROE (7.72%) is below the historical average (26.98%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
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
2025	7.72%	3.86%	0.44x	4.53x	RM-2.37 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: $93,090,645
Average return on equity (ROE) among peers: -2.46%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SEG International Bhd (9792)	RM103.77 Million	10.92%	3.53x	$196.33 Million
Eduspec Holdings Bhd (0107)	$114.69 Million	-10.57%	0.87x	$37.42 Million
SMRT Holdings Bhd (0117)	$41.60 Million	-40.07%	0.48x	$22.29 Million
Minda Global Bhd (5166)	$204.00 Million	-21.08%	0.28x	$63.97 Million
Awanbiru Technology Bhd (5204)	$12.08 Million	61.89%	0.56x	$59.37 Million

About SEG International Bhd

KLSE:9792 Malaysia Education & Training Services

Market Cap

$196.33 Million

RM782.00 Million MYR

Market Cap Rank

#16581 Global

#217 in Malaysia

Share Price

RM0.64

Change (1 day)

-0.78%

52-Week Range

RM0.62 - RM0.81

All Time High

RM0.81