Prestar Resources Bhd (9873) - Net Assets
Based on the latest financial reports, Prestar Resources Bhd (9873) has net assets worth RM448.38 Million MYR (≈ $112.57 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM582.40 Million ≈ $146.22 Million USD) and total liabilities (RM134.02 Million ≈ $33.65 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. Check Prestar Resources Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM448.38 Million |
| % of Total Assets | 76.99% |
| Annual Growth Rate | 5.28% |
| 5-Year Change | 44.87% |
| 10-Year Change | 61.57% |
| Growth Volatility | 10.81 |
Prestar Resources Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Prestar Resources Bhd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Prestar Resources Bhd for the complete picture of this company's asset base.
Annual Net Assets for Prestar Resources Bhd (2012–2024)
The table below shows the annual net assets of Prestar Resources Bhd from 2012 to 2024. For live valuation and market cap data, see how much is Prestar Resources Bhd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM441.08 Million ≈ $110.74 Million |
+0.57% |
| 2023-12-31 | RM438.56 Million ≈ $110.11 Million |
+5.30% |
| 2022-12-31 | RM416.49 Million ≈ $104.57 Million |
+1.99% |
| 2021-12-31 | RM408.37 Million ≈ $102.53 Million |
+34.13% |
| 2020-12-31 | RM304.46 Million ≈ $76.44 Million |
+6.96% |
| 2019-12-31 | RM284.65 Million ≈ $71.47 Million |
+1.58% |
| 2018-12-31 | RM280.23 Million ≈ $70.36 Million |
+0.67% |
| 2017-12-31 | RM278.37 Million ≈ $69.89 Million |
+17.59% |
| 2016-12-31 | RM236.73 Million ≈ $59.44 Million |
-13.28% |
| 2015-12-31 | RM273.00 Million ≈ $68.54 Million |
+5.00% |
| 2014-12-31 | RM260.00 Million ≈ $65.28 Million |
+2.77% |
| 2013-12-31 | RM253.00 Million ≈ $63.52 Million |
+6.30% |
| 2012-12-31 | RM238.00 Million ≈ $59.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Prestar Resources 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 110.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM314.84 Million | 71.38% |
| Common Stock | RM126.97 Million | 28.79% |
| Total Equity | RM441.08 Million | 100.00% |
Prestar Resources Bhd Competitors by Market Cap
The table below lists competitors of Prestar Resources Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRF Limited
NSE:TRF
|
$27.69 Million |
|
Nova Agritech Ltd.
NSE:NOVAAGRI
|
$27.70 Million |
|
Lisata Therapeutics Inc.
NASDAQ:LSTA
|
$27.70 Million |
|
Yayla Enerji Uretim Turizm ve
IS:YAYLA
|
$27.70 Million |
|
BCWORLD PHARM. Co. Ltd
KQ:200780
|
$27.68 Million |
|
BMG Resources Ltd
AU:BMG
|
$27.66 Million |
|
Primech Holdings Ltd. Ordinary Shares
NASDAQ:PMEC
|
$27.66 Million |
|
Farmer Bros. Co
NASDAQ:FARM
|
$27.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prestar Resources Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 438,564,000 to 441,079,000, a change of 2,515,000 (0.6%).
- Net income of 12,255,000 contributed positively to equity growth.
- Dividend payments of 8,977,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM12.26 Million | +2.78% |
| Dividends Paid | RM8.98 Million | -2.04% |
| Other Changes | RM-763.00K | -0.17% |
| Total Change | RM- | 0.57% |
Book Value vs Market Value Analysis
This analysis compares Prestar Resources 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: 0.25x
- 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 decreased from 0.38x to 0.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.83 | RM0.31 | x |
| 2017-12-31 | RM0.88 | RM0.31 | x |
| 2018-12-31 | RM0.89 | RM0.31 | x |
| 2019-12-31 | RM0.91 | RM0.31 | x |
| 2020-12-31 | RM0.93 | RM0.31 | x |
| 2021-12-31 | RM1.13 | RM0.31 | x |
| 2022-12-31 | RM1.16 | RM0.31 | x |
| 2023-12-31 | RM1.22 | RM0.31 | x |
| 2024-12-31 | RM1.23 | RM0.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prestar Resources 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): 2.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.57%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.27x
- Recent ROE (2.78%) is below the historical average (8.35%), 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 | 10.28% | 3.92% | 0.99x | 2.64x | RM666.80K |
| 2017 | 15.49% | 8.91% | 0.69x | 2.50x | RM15.29 Million |
| 2018 | 4.50% | 2.48% | 0.78x | 2.33x | RM-15.41 Million |
| 2019 | 1.94% | 1.22% | 0.88x | 1.82x | RM-22.94 Million |
| 2020 | 7.30% | 5.42% | 0.81x | 1.67x | RM-8.21 Million |
| 2021 | 23.31% | 17.67% | 0.70x | 1.89x | RM54.36 Million |
| 2022 | 3.65% | 2.50% | 0.93x | 1.57x | RM-26.46 Million |
| 2023 | 5.91% | 4.91% | 0.90x | 1.33x | RM-17.96 Million |
| 2024 | 2.78% | 2.57% | 0.85x | 1.27x | RM-31.85 Million |
Industry Comparison
This section compares Prestar Resources Bhd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $497,911,185
- Average return on equity (ROE) among peers: -1.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prestar Resources Bhd (9873) | RM448.38 Million | 10.28% | 0.30x | $27.68 Million |
| Tashin Holdings Bhd (0211) | $197.36 Million | 4.70% | 0.27x | $18.40 Million |
| LEFORM (0266) | $551.74 Million | -1.32% | 2.62x | $63.21 Million |
| Minox International Group Berhad (0288) | $35.01 Million | 11.96% | 1.06x | $15.82 Million |
| TSA (0297) | $187.67 Million | 8.56% | 0.37x | $66.78 Million |
| Melewar Industrial Group Bhd (3778) | $241.94 Million | -32.33% | 2.18x | $12.63 Million |
| Lion Industries Corporation Bhd (4235) | $1.39 Billion | 5.74% | 1.31x | $23.93 Million |
| AYS Ventures Bhd (5021) | $258.52 Million | -4.07% | 1.95x | $22.59 Million |
| Hiap Teck Venture Bhd (5072) | $807.37 Million | -12.75% | 0.67x | $126.85 Million |
| Mycron Steel Bhd (5087) | $493.44 Million | -2.50% | 0.44x | $21.35 Million |
| CSC Steel Holdings Bhd (5094) | $819.15 Million | 7.30% | 0.09x | $134.44 Million |
About Prestar Resources Bhd
Prestar Resources Berhad, an investment holding company, manufactures and trades in steel related products primarily in Malaysia. It operates in three segments: Investment, Trading, and Manufacturing. The company engages in the manufacturing of steel pipes and tubes; and supplying and installing guardrails, material handling equipment, pallet racking systems, wheelbarrows, hand trucks, and other … Read more