Kotra Industries Bhd (0002) - Net Assets

Latest as of December 2025: RM281.00 Million MYR ≈ $70.55 Million USD

Based on the latest financial reports, Kotra Industries Bhd (0002) has net assets worth RM281.00 Million MYR (≈ $70.55 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 (RM363.90 Million ≈ $91.36 Million USD) and total liabilities (RM82.90 Million ≈ $20.81 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 asset resilience ratio of Kotra Industries Bhd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM281.00 Million
% of Total Assets	77.22%
Annual Growth Rate	7.99%
5-Year Change	35.69%
10-Year Change	113.46%
Growth Volatility	5.05

Kotra Industries Bhd - Net Assets Trend (2005–2024)

This chart illustrates how Kotra Industries Bhd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Kotra Industries Bhd for the complete picture of this company's asset base.

Annual Net Assets for Kotra Industries Bhd (2005–2024)

The table below shows the annual net assets of Kotra Industries Bhd from 2005 to 2024. For live valuation and market cap data, see Kotra Industries Bhd (0002) market capitalisation.

Year	Net Assets	Change
2024-12-31	RM280.09 Million ≈ $70.32 Million	+1.69%
2023-12-31	RM275.44 Million ≈ $69.15 Million	+1.61%
2022-12-31	RM271.08 Million ≈ $68.06 Million	+11.03%
2021-12-31	RM244.14 Million ≈ $61.30 Million	+18.27%
2020-12-31	RM206.42 Million ≈ $51.82 Million	+8.73%
2019-12-31	RM189.85 Million ≈ $47.66 Million	+10.27%
2018-12-31	RM172.16 Million ≈ $43.22 Million	+12.34%
2017-12-31	RM153.25 Million ≈ $38.48 Million	+7.86%
2016-12-31	RM142.08 Million ≈ $35.67 Million	+8.28%
2015-12-31	RM131.21 Million ≈ $32.94 Million	+7.78%
2014-12-31	RM121.74 Million ≈ $30.57 Million	+2.25%
2013-12-31	RM119.06 Million ≈ $29.89 Million	+10.26%
2012-12-31	RM107.98 Million ≈ $27.11 Million	+5.72%
2011-12-31	RM102.14 Million ≈ $25.64 Million	+1.43%
2010-12-31	RM100.69 Million ≈ $25.28 Million	-2.07%
2009-12-31	RM102.83 Million ≈ $25.82 Million	+12.87%
2008-12-31	RM91.11 Million ≈ $22.87 Million	+11.23%
2007-12-31	RM81.91 Million ≈ $20.56 Million	+10.44%
2006-12-31	RM74.17 Million ≈ $18.62 Million	+14.05%
2005-12-31	RM65.03 Million ≈ $16.33 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Kotra Industries 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 468.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	RM193.82 Million	69.20%
Common Stock	RM86.28 Million	30.80%
Total Equity	RM280.09 Million	100.00%

Kotra Industries Bhd Competitors by Market Cap

The table below lists competitors of Kotra Industries Bhd ranked by their market capitalization.

Company	Market Cap
Scandinavian Astor Group AB ST:ASTOR	$140.40 Million
Beijing Tongtech Co Ltd SHE:300379	$140.42 Million
Dye & Durham Ltd TO:DND	$140.43 Million
UVAT Technology Co Ltd TWO:3580	$140.43 Million
DEFAMA Deutsche Fachmarkt AG XETRA:DEF	$140.29 Million
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS IS:ORMA	$140.24 Million
EBR Systems Inc AU:EBR	$140.23 Million
Combined Motor Holdings Limited JSE:CMH	$140.20 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kotra Industries Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 275,439,000 to 280,094,000, a change of 4,655,000 (1.7%).
Net income of 42,475,000 contributed positively to equity growth.
Dividend payments of 37,820,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	RM42.48 Million	+15.16%
Dividends Paid	RM37.82 Million	-13.5%
Total Change	RM-	1.69%

Book Value vs Market Value Analysis

This analysis compares Kotra Industries 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: 2.00x
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 7.23x to 2.00x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	RM0.52	RM3.77	x
2006-12-31	RM0.60	RM3.77	x
2007-12-31	RM0.66	RM3.77	x
2008-12-31	RM0.74	RM3.77	x
2009-12-31	RM0.83	RM3.77	x
2010-12-31	RM0.81	RM3.77	x
2011-12-31	RM0.82	RM3.77	x
2012-12-31	RM0.83	RM3.77	x
2013-12-31	RM0.87	RM3.77	x
2014-12-31	RM0.87	RM3.77	x
2015-12-31	RM0.95	RM3.77	x
2016-12-31	RM1.01	RM3.77	x
2017-12-31	RM1.08	RM3.77	x
2018-12-31	RM1.21	RM3.77	x
2019-12-31	RM1.30	RM3.77	x
2020-12-31	RM1.40	RM3.77	x
2021-12-31	RM1.65	RM3.77	x
2022-12-31	RM1.83	RM3.77	x
2023-12-31	RM1.86	RM3.77	x
2024-12-31	RM1.89	RM3.77	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kotra Industries 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): 15.16%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 18.40%
• Asset Turnover: 0.66x
• Equity Multiplier: 1.24x
Recent ROE (15.16%) is above the historical average (10.69%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	15.36%	14.50%	0.88x	1.20x	RM3.48 Million
2006	12.94%	11.54%	0.94x	1.19x	RM2.18 Million
2007	10.01%	9.46%	0.79x	1.34x	RM8.10K
2008	10.01%	10.14%	0.46x	2.16x	RM13.40K
2009	11.40%	11.45%	0.42x	2.36x	RM1.44 Million
2010	-2.12%	-1.90%	0.46x	2.46x	RM-12.21 Million
2011	1.10%	0.88%	0.49x	2.52x	RM-9.09 Million
2012	3.41%	2.81%	0.50x	2.44x	RM-7.11 Million
2013	4.75%	3.84%	0.54x	2.29x	RM-6.25 Million
2014	0.87%	0.73%	0.57x	2.09x	RM-11.11 Million
2015	5.91%	4.84%	0.63x	1.93x	RM-5.36 Million
2016	8.73%	7.45%	0.66x	1.77x	RM-1.81 Million
2017	10.28%	8.82%	0.73x	1.58x	RM423.60K
2018	12.89%	12.86%	0.70x	1.43x	RM4.98 Million
2019	15.57%	17.21%	0.68x	1.33x	RM10.57 Million
2020	11.82%	15.28%	0.63x	1.22x	RM3.75 Million
2021	25.43%	29.87%	0.70x	1.23x	RM37.68 Million
2022	24.06%	26.93%	0.73x	1.22x	RM38.13 Million
2023	16.19%	19.68%	0.67x	1.23x	RM17.05 Million
2024	15.16%	18.40%	0.66x	1.24x	RM14.47 Million

Industry Comparison

This section compares Kotra Industries Bhd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

Industry: Drug Manufacturers - Specialty & Generic
Average net assets among peers: $258,503,098
Average return on equity (ROE) among peers: 7.50%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Kotra Industries Bhd (0002)	RM281.00 Million	15.36%	0.30x	$140.38 Million
PeterLabs Holdings Bhd (0171)	$76.94 Million	2.97%	0.44x	$16.58 Million
Rhone Ma Holdings Bhd (5278)	$160.98 Million	7.50%	0.43x	$37.35 Million
Duopharma Biotech Bhd (7148)	$481.04 Million	9.90%	0.74x	$306.72 Million
YSP Southeast Asia Holding Bhd (7178)	$315.05 Million	9.63%	0.31x	$74.43 Million

About Kotra Industries Bhd

KLSE:0002 Malaysia Drug Manufacturers - Specialty & Generic

Market Cap

$140.38 Million

RM559.14 Million MYR

Market Cap Rank

#18002 Global

#270 in Malaysia

Share Price

RM3.77

Change (1 day)

+0.00%

52-Week Range

RM3.77 - RM4.47

All Time High

RM6.04