Bertam Alliance Bhd
Bertam Alliance Berhad, an investment holding company, engages in the development of residential, commercial, and mixed-development properties in Malaysia. The company operates through three segments: Property Development, Construction and Trading, and Corporate and Other. It also undertakes general construction works and supplies building materials; and provides construction management services.… Read more
Bertam Alliance Bhd (9814) - Net Assets
Latest net assets as of September 2025: RM152.04 Million MYR
Based on the latest financial reports, Bertam Alliance Bhd (9814) has net assets worth RM152.04 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 (RM182.16 Million) and total liabilities (RM30.12 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 | RM152.04 Million |
| % of Total Assets | 83.46% |
| Annual Growth Rate | -0.9% |
| 5-Year Change | 29.48% |
| 10-Year Change | -10.28% |
| Growth Volatility | 17.12 |
Bertam Alliance Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Bertam Alliance 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 Bertam Alliance Bhd (2012–2024)
The table below shows the annual net assets of Bertam Alliance Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM151.63 Million | +14.57% |
| 2023-12-31 | RM132.34 Million | +0.43% |
| 2022-12-31 | RM131.77 Million | +13.15% |
| 2021-12-31 | RM116.46 Million | -0.55% |
| 2020-12-31 | RM117.11 Million | -25.86% |
| 2019-12-31 | RM157.95 Million | -15.20% |
| 2018-12-31 | RM186.25 Million | -9.88% |
| 2017-12-31 | RM206.66 Million | +43.66% |
| 2016-12-31 | RM143.85 Million | -14.88% |
| 2015-12-31 | RM169.00 Million | -1.74% |
| 2014-12-31 | RM172.00 Million | -0.58% |
| 2013-12-31 | RM173.00 Million | +2.37% |
| 2012-12-31 | RM169.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bertam Alliance 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 grown by 7853777000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM15.63 Million | 10.31% |
| Common Stock | RM136.00 Million | 89.69% |
| Total Equity | RM151.63 Million | 100.00% |
Bertam Alliance Bhd Competitors by Market Cap
The table below lists competitors of Bertam Alliance Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adeunis
PA:ALARF
|
$1.69 Million |
|
Psyched Wellness Ltd
OTCQB:PSYCF
|
$1.69 Million |
|
MONRIF S.P.A. EO 019
F:MO9
|
$1.69 Million |
|
Uniti SA
PA:ALUNT
|
$1.69 Million |
|
Pambili Natural Resources Corporation
V:PNN
|
$1.69 Million |
|
ZyVersa Therapeutics Inc.
NASDAQ:ZVSA
|
$1.69 Million |
|
Pinstripes Holdings Inc
NYSE:PNST
|
$1.69 Million |
|
Liquid Meta Capital Holdings Ltd.
PINK:LIQQF
|
$1.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bertam Alliance Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 132,344,170 to 151,630,080, a change of 19,285,910 (14.6%).
- Net income of 1,817,450 contributed positively to equity growth.
- Share repurchases of 17,468,470 reduced equity.
- New share issuances of 17,468,469 increased equity.
- Other factors increased equity by 17,468,461.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.82 Million | +1.2% |
| Share Repurchases | RM17.47 Million | -11.52% |
| Share Issuances | RM17.47 Million | +11.52% |
| Other Changes | RM17.47 Million | +11.52% |
| Total Change | RM- | 14.57% |
Book Value vs Market Value Analysis
This analysis compares Bertam Alliance 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: 0.38x
- 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 0.17x to 0.38x 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 | RM0.70 | RM0.12 | x |
| 2017-12-31 | RM1.00 | RM0.12 | x |
| 2018-12-31 | RM0.90 | RM0.12 | x |
| 2019-12-31 | RM0.76 | RM0.12 | x |
| 2020-12-31 | RM0.57 | RM0.12 | x |
| 2021-12-31 | RM0.47 | RM0.12 | x |
| 2022-12-31 | RM0.53 | RM0.12 | x |
| 2023-12-31 | RM0.45 | RM0.12 | x |
| 2024-12-31 | RM0.31 | RM0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bertam Alliance 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): 1.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.54%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.19x
- Recent ROE (1.20%) is above the historical average (-3.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -16.96% | -216.74% | 0.04x | 2.02x | RM-38.78 Million |
| 2017 | 30.39% | 43.24% | 0.53x | 1.33x | RM42.14 Million |
| 2018 | -10.96% | -2497.71% | 0.00x | 1.36x | RM-39.03 Million |
| 2019 | -10.01% | -149.46% | 0.05x | 1.26x | RM-31.60 Million |
| 2020 | -34.87% | -640.23% | 0.04x | 1.31x | RM-52.55 Million |
| 2021 | -3.85% | -127.97% | 0.02x | 1.30x | RM-16.13 Million |
| 2022 | 11.62% | 70.86% | 0.14x | 1.19x | RM2.13 Million |
| 2023 | 0.43% | 2.51% | 0.14x | 1.22x | RM-12.66 Million |
| 2024 | 1.20% | 5.54% | 0.18x | 1.19x | RM-13.35 Million |
Industry Comparison
This section compares Bertam Alliance Bhd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,112,645,143
- Average return on equity (ROE) among peers: 1.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bertam Alliance Bhd (9814) | RM152.04 Million | -16.96% | 0.20x | $1.69 Million |
| Menang Corporation (Malaysia) Bhd (1694) | $359.70 Million | 3.37% | 1.84x | $10.38 Million |
| Pegasus Heights Bhd (4464) | $130.89 Million | -3.54% | 0.06x | $12.01 Million |
| Meridian Bhd (5040) | $137.29 Million | -6.60% | 0.46x | $426.43K |
| MPHB Capital Bhd (5237) | $1.71 Billion | 1.48% | 0.02x | $160.75 Million |
| IGB Bhd (5606) | $4.31 Billion | 9.66% | 1.04x | $282.09 Million |
| SHL Consolidated Bhd (6017) | $824.84 Million | 2.84% | 0.23x | $23.80 Million |
| Y&G Corp Bhd (7003) | $319.26 Million | 0.10% | 0.23x | $2.25 Million |