Sam Engineering Equipment (9822) - Net Assets
Based on the latest financial reports, Sam Engineering Equipment (9822) has net assets worth RM1.33 Billion MYR (≈ $332.84 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.90 Billion ≈ $476.58 Million USD) and total liabilities (RM572.53 Million ≈ $143.74 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. For live market cap and overall valuation, see market cap of Sam Engineering Equipment.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM1.33 Billion |
| % of Total Assets | 69.84% |
| Annual Growth Rate | 12.2% |
| 5-Year Change | 90.83% |
| 10-Year Change | 191.34% |
| Growth Volatility | 19.33 |
Sam Engineering Equipment - Net Assets Trend (2013–2026)
This chart illustrates how Sam Engineering Equipment's net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for Sam Engineering Equipment (2013–2026)
The table below shows the annual net assets of Sam Engineering Equipment from 2013 to 2026. See 9822 equity financing ratio to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | RM1.33 Billion ≈ $332.84 Million |
-7.03% |
| 2025-03-31 | RM1.43 Billion ≈ $358.00 Million |
-0.52% |
| 2024-03-31 | RM1.43 Billion ≈ $359.88 Million |
+75.91% |
| 2023-03-31 | RM814.86 Million ≈ $204.59 Million |
+17.30% |
| 2022-03-31 | RM694.68 Million ≈ $174.41 Million |
+10.89% |
| 2021-03-31 | RM626.44 Million ≈ $157.28 Million |
+2.71% |
| 2020-03-31 | RM609.89 Million ≈ $153.12 Million |
+13.86% |
| 2019-03-31 | RM535.63 Million ≈ $134.48 Million |
+13.51% |
| 2018-03-31 | RM471.88 Million ≈ $118.47 Million |
+3.70% |
| 2017-03-31 | RM455.03 Million ≈ $114.24 Million |
+3.75% |
| 2016-03-31 | RM438.58 Million ≈ $110.11 Million |
+16.64% |
| 2015-03-31 | RM376.00 Million ≈ $94.40 Million |
+14.29% |
| 2014-03-31 | RM329.00 Million ≈ $82.60 Million |
+10.77% |
| 2013-03-31 | RM297.00 Million ≈ $74.57 Million |
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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 88.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM663.84 Million | 50.07% |
| Common Stock | RM702.22 Million | 52.97% |
| Other Comprehensive Income | RM-40.35 Million | -3.04% |
| Total Equity | RM1.33 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 |
|---|---|
|
Shandong Sanyuan Biotechnology Co.Ltd.
SHE:301206
|
$708.78 Million |
|
ZYLOX-TONBRDG.MED.TECH.H1
F:818
|
$708.79 Million |
|
Harum Energy Tbk PT
JK:HRUM
|
$708.82 Million |
|
Ironwood Pharmaceuticals Inc
NASDAQ:IRWD
|
$708.88 Million |
|
Huarong Chemical Co. Ltd.
SHE:301256
|
$708.71 Million |
|
Zhejiang Vie Science & Technology Co Ltd
SHE:002590
|
$708.65 Million |
|
Thesis Gold Inc
V:TAU
|
$708.52 Million |
|
Phreesia Inc
NYSE:PHR
|
$708.37 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 2025 to 2026, total equity changed from 1,425,916,000 to 1,325,699,000, a change of -100,217,000 (-7.0%).
- Net income of 44,742,000 contributed positively to equity growth.
- Dividend payments of 18,956,000 reduced retained earnings.
- Other comprehensive income decreased equity by 126,003,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM44.74 Million | +3.37% |
| Dividends Paid | RM18.96 Million | -1.43% |
| Other Comprehensive Income | RM-126.00 Million | -9.5% |
| Total Change | RM- | -7.03% |
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: 2.13x
- 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 4.61x to 2.13x 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 | RM4.17 | x |
| 2018-03-31 | RM0.87 | RM4.17 | x |
| 2019-03-31 | RM0.99 | RM4.17 | x |
| 2020-03-31 | RM1.13 | RM4.17 | x |
| 2021-03-31 | RM1.16 | RM4.17 | x |
| 2022-03-31 | RM1.26 | RM4.17 | x |
| 2023-03-31 | RM1.50 | RM4.17 | x |
| 2024-03-31 | RM2.58 | RM4.17 | x |
| 2025-03-31 | RM2.11 | RM4.17 | x |
| 2026-03-31 | RM1.96 | RM4.17 | 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): 3.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.11%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.43x
- Recent ROE (3.37%) is below the historical average (10.34%), 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 |
| 2026 | 3.37% | 3.11% | 0.76x | 1.43x | RM-87.83 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: $338,283,051
- Average return on equity (ROE) among peers: 9.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sam Engineering Equipment (9822) | RM1.33 Billion | 14.39% | 0.43x | $708.77 Million |
| TAS Offshore Bhd (5149) | $160.18 Million | 0.49% | 2.40x | $20.42 Million |
| Destini Bhd (7212) | $508.15 Million | 5.68% | 0.66x | $37.90 Million |
| Boustead Heavy Industries (8133) | $346.51 Million | 22.13% | 1.08x | $2.82 Million |
About 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