Sam Engineering Equipment
SAM Engineering & Equipment (M) Berhad, an investment holding company, engages in the aerospace and equipment manufacturing businesses in Malaysia, rest of Asia, North and Latin America, and Europe. The company operates in two segments, Aerospace and Equipment. The Aerospace segment provides manufacturing solutions on critical engine parts and other related equipment parts. The Equipment segment … Read more
Sam Engineering Equipment (9822) - Net Assets
Latest net assets as of December 2025: RM1.34 Billion MYR
Based on the latest financial reports, Sam Engineering Equipment (9822) has net assets worth RM1.34 Billion MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.91 Billion) and total liabilities (RM565.93 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 | RM1.34 Billion |
| % of Total Assets | 70.33% |
| Annual Growth Rate | 13.97% |
| 5-Year Change | 127.62% |
| 10-Year Change | 225.12% |
| Growth Volatility | 19.15 |
Sam Engineering Equipment - Net Assets Trend (2013–2025)
This chart illustrates how Sam Engineering Equipment's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sam Engineering Equipment (2013–2025)
The table below shows the annual net assets of Sam Engineering Equipment from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM1.43 Billion | -0.52% |
| 2024-03-31 | RM1.43 Billion | +75.91% |
| 2023-03-31 | RM814.86 Million | +17.30% |
| 2022-03-31 | RM694.68 Million | +10.89% |
| 2021-03-31 | RM626.44 Million | +2.71% |
| 2020-03-31 | RM609.89 Million | +13.86% |
| 2019-03-31 | RM535.63 Million | +13.51% |
| 2018-03-31 | RM471.88 Million | +3.70% |
| 2017-03-31 | RM455.03 Million | +3.75% |
| 2016-03-31 | RM438.58 Million | +16.64% |
| 2015-03-31 | RM376.00 Million | +14.29% |
| 2014-03-31 | RM329.00 Million | +10.77% |
| 2013-03-31 | RM297.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sam Engineering Equipment'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 81.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM638.05 Million | 44.75% |
| Common Stock | RM702.22 Million | 49.25% |
| Other Components | RM85.65 Million | 6.01% |
| Total Equity | RM1.43 Billion | 100.00% |
Sam Engineering Equipment Competitors by Market Cap
The table below lists competitors of Sam Engineering Equipment ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Television Broadcasts Ltd
PINK:TVBCY
|
$208.00 Million |
|
Xiamen East Asia Machinery Industrial Co. Ltd.
SHE:301028
|
$208.03 Million |
|
Suzhou Cheersson Precision Metal Fo
SHE:002976
|
$208.10 Million |
|
Strata Critical Medical, Inc.
NASDAQ:SRTA
|
$208.13 Million |
|
China Shineway Pharmaceutical Group Limited
PINK:CSWYF
|
$207.87 Million |
|
Zhejiang Dayang Biotech Group Co
SHE:003017
|
$207.86 Million |
|
EQUALS GROUP PLC LS-01
F:2FX
|
$207.83 Million |
|
Guangzhou Jointas Chemical Joint Stock Co Ltd
SHE:002909
|
$207.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sam Engineering Equipment's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,433,392,000 to 1,425,916,000, a change of -7,476,000 (-0.5%).
- Net income of 91,921,000 contributed positively to equity growth.
- Dividend payments of 22,341,000 reduced retained earnings.
- Other comprehensive income decreased equity by 162,704,000.
- Other factors increased equity by 85,648,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM91.92 Million | +6.45% |
| Dividends Paid | RM22.34 Million | -1.57% |
| Other Comprehensive Income | RM-162.70 Million | -11.41% |
| Other Changes | RM85.65 Million | +6.01% |
| Total Change | RM- | -0.52% |
Book Value vs Market Value Analysis
This analysis compares Sam Engineering Equipment'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: 1.48x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.44x to 1.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.90 | RM3.11 | x |
| 2018-03-31 | RM0.87 | RM3.11 | x |
| 2019-03-31 | RM0.99 | RM3.11 | x |
| 2020-03-31 | RM1.13 | RM3.11 | x |
| 2021-03-31 | RM1.16 | RM3.11 | x |
| 2022-03-31 | RM1.26 | RM3.11 | x |
| 2023-03-31 | RM1.50 | RM3.11 | x |
| 2024-03-31 | RM2.58 | RM3.11 | x |
| 2025-03-31 | RM2.11 | RM3.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sam Engineering Equipment 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): 6.45%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.21%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.41x
- Recent ROE (6.45%) is below the historical average (11.04%), 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 | 14.39% | 10.18% | 1.12x | 1.27x | RM19.24 Million |
| 2017 | 9.58% | 8.11% | 0.93x | 1.28x | RM-1.90 Million |
| 2018 | 13.33% | 10.16% | 0.92x | 1.43x | RM15.73 Million |
| 2019 | 14.66% | 10.40% | 0.95x | 1.48x | RM24.95 Million |
| 2020 | 13.09% | 8.50% | 1.03x | 1.50x | RM18.83 Million |
| 2021 | 9.53% | 6.83% | 0.93x | 1.49x | RM-2.95 Million |
| 2022 | 10.86% | 6.57% | 0.95x | 1.74x | RM5.99 Million |
| 2023 | 10.90% | 6.15% | 0.90x | 1.97x | RM7.36 Million |
| 2024 | 7.58% | 7.25% | 0.72x | 1.44x | RM-34.76 Million |
| 2025 | 6.45% | 6.21% | 0.74x | 1.41x | RM-50.67 Million |
Industry Comparison
This section compares Sam Engineering Equipment's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $313,544,463
- Average return on equity (ROE) among peers: 8.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sam Engineering Equipment (9822) | RM1.34 Billion | 14.39% | 0.42x | $207.98 Million |
| TAS Offshore Bhd (5149) | $114.59 Million | 15.35% | 0.80x | $7.76 Million |
| Destini Bhd (7212) | $481.38 Million | 6.86% | 0.42x | $11.04 Million |
| Boustead Heavy Industries (8133) | $344.67 Million | 3.07% | 0.92x | $11.17 Million |