MSCM Holdings Bhd (0041) - Net Assets

Latest as of December 2025: RM263.36 Million MYR ≈ $66.12 Million USD

Based on the latest financial reports, MSCM Holdings Bhd (0041) has net assets worth RM263.36 Million MYR (≈ $66.12 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 (RM342.01 Million ≈ $85.87 Million USD) and total liabilities (RM78.65 Million ≈ $19.75 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 0041 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM263.36 Million
% of Total Assets	77.0%
Annual Growth Rate	14.41%
5-Year Change	2.12%
10-Year Change	389.39%
Growth Volatility	97.54

MSCM Holdings Bhd - Net Assets Trend (2004–2025)

This chart illustrates how MSCM Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of MSCM Holdings Bhd for the complete picture of this company's asset base.

Annual Net Assets for MSCM Holdings Bhd (2004–2025)

The table below shows the annual net assets of MSCM Holdings Bhd from 2004 to 2025. For live valuation and market cap data, see MSCM Holdings Bhd (0041) market capitalisation.

Year	Net Assets	Change
2025-03-31	RM300.56 Million ≈ $75.46 Million	-16.97%
2024-03-31	RM361.99 Million ≈ $90.88 Million	-2.86%
2023-03-31	RM372.64 Million ≈ $93.56 Million	-4.73%
2022-03-31	RM391.12 Million ≈ $98.20 Million	+32.90%
2021-03-31	RM294.31 Million ≈ $73.89 Million	+379.90%
2020-03-31	RM61.33 Million ≈ $15.40 Million	+261.01%
2019-03-31	RM16.99 Million ≈ $4.27 Million	-42.17%
2018-03-31	RM29.37 Million ≈ $7.37 Million	-45.82%
2017-03-31	RM54.21 Million ≈ $13.61 Million	-11.72%
2016-03-31	RM61.42 Million ≈ $15.42 Million	-3.56%
2015-03-31	RM63.68 Million ≈ $15.99 Million	-13.92%
2014-03-31	RM73.98 Million ≈ $18.57 Million	-1.60%
2013-03-31	RM75.18 Million ≈ $18.88 Million	+10.01%
2012-03-31	RM68.34 Million ≈ $17.16 Million	+25.12%
2011-03-31	RM54.62 Million ≈ $13.71 Million	+25.64%
2010-03-31	RM43.47 Million ≈ $10.92 Million	+40.47%
2009-03-31	RM30.95 Million ≈ $7.77 Million	+22.80%
2008-03-31	RM25.20 Million ≈ $6.33 Million	-10.33%
2007-03-31	RM28.10 Million ≈ $7.06 Million	+22.87%
2006-03-31	RM22.87 Million ≈ $5.74 Million	+21.81%
2005-03-31	RM18.78 Million ≈ $4.71 Million	+5.47%
2004-03-31	RM17.80 Million ≈ $4.47 Million	--

Equity Component Analysis

This analysis shows how different components contribute to MSCM Holdings 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 5089408500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	RM50.86 Million	16.92%
Common Stock	RM251.48 Million	83.67%
Other Comprehensive Income	RM-1.79 Million	-0.59%
Total Equity	RM300.56 Million	100.00%

MSCM Holdings Bhd Competitors by Market Cap

The table below lists competitors of MSCM Holdings Bhd ranked by their market capitalization.

Company	Market Cap
Sequoia Econ Infrastructure LSE:SEQI	$14.12 Million
Grupo Televisa SAB DRC BA:TV	$14.13 Million
Genetic Signatures Ltd AU:GSS	$14.14 Million
Nvni Group Limited Ordinary Shares NASDAQ:NVNI	$14.15 Million
RECYCLICO BATTERY METALS F:ID4	$14.11 Million
Les Hôtels de Paris SA PA:HDP	$14.11 Million
Millennium Pharmacon International JK:SDPC	$14.11 Million
Euromedis Groupe SA PA:ALEMG	$14.10 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 351,381,789 to 300,558,000, a change of -50,823,789 (-14.5%).
Net income of 12,896,000 contributed positively to equity growth.
Other comprehensive income decreased equity by 1,788,000.
Other factors decreased equity by 61,931,789.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM12.90 Million	+4.29%
Other Comprehensive Income	RM-1.79 Million	-0.59%
Other Changes	RM-61.93 Million	-20.61%
Total Change	RM-	-14.46%

Book Value vs Market Value Analysis

This analysis compares MSCM Holdings 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: 0.17x
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 0.48x to 0.17x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-03-31	RM0.02	RM0.01	x
2005-03-31	RM0.02	RM0.01	x
2006-03-31	RM0.02	RM0.01	x
2007-03-31	RM0.04	RM0.01	x
2008-03-31	RM0.03	RM0.01	x
2009-03-31	RM0.05	RM0.01	x
2010-03-31	RM0.07	RM0.01	x
2011-03-31	RM0.06	RM0.01	x
2012-03-31	RM0.07	RM0.01	x
2013-03-31	RM0.08	RM0.01	x
2014-03-31	RM0.08	RM0.01	x
2015-03-31	RM0.07	RM0.01	x
2016-03-31	RM0.07	RM0.01	x
2017-03-31	RM0.06	RM0.01	x
2018-03-31	RM0.03	RM0.01	x
2019-03-31	RM0.02	RM0.01	x
2020-03-31	RM0.05	RM0.01	x
2021-03-31	RM0.05	RM0.01	x
2022-03-31	RM0.06	RM0.01	x
2023-03-31	RM0.07	RM0.01	x
2024-03-31	RM0.07	RM0.01	x
2025-03-31	RM0.06	RM0.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently MSCM Holdings 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): 4.29%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 45.50%
• Asset Turnover: 0.08x
• Equity Multiplier: 1.18x
Recent ROE (4.29%) is above the historical average (1.14%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	16.05%	34.38%	0.44x	1.05x	RM1.08 Million
2005	18.74%	31.77%	0.40x	1.47x	RM1.64 Million
2006	17.51%	26.88%	0.46x	1.41x	RM1.72 Million
2007	17.77%	31.44%	0.44x	1.28x	RM2.18 Million
2008	25.48%	30.80%	0.42x	1.98x	RM3.90 Million
2009	18.15%	24.40%	0.49x	1.52x	RM2.52 Million
2010	25.39%	24.07%	0.69x	1.52x	RM6.66 Million
2011	19.32%	22.58%	0.60x	1.43x	RM5.07 Million
2012	19.14%	23.96%	0.56x	1.44x	RM6.23 Million
2013	16.00%	22.91%	0.59x	1.19x	RM4.47 Million
2014	5.87%	12.76%	0.33x	1.39x	RM-3.05 Million
2015	-13.24%	-23.74%	0.37x	1.53x	RM-15.17 Million
2016	6.80%	10.10%	0.54x	1.24x	RM-2.02 Million
2017	-13.72%	-24.78%	0.45x	1.23x	RM-13.22 Million
2018	-79.61%	-92.07%	0.65x	1.33x	RM-27.64 Million
2019	-76.95%	-125.54%	0.45x	1.36x	RM-14.77 Million
2020	-12.12%	-167.84%	0.07x	1.07x	RM-13.57 Million
2021	11.35%	31.55%	0.29x	1.24x	RM3.67 Million
2022	25.03%	48.99%	0.46x	1.11x	RM58.36 Million
2023	-8.74%	-230.08%	0.03x	1.16x	RM-67.56 Million
2024	-17.42%	-409.58%	0.04x	1.15x	RM-96.36 Million
2025	4.29%	45.50%	0.08x	1.18x	RM-17.16 Million

Industry Comparison

This section compares MSCM Holdings Bhd's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

Industry: Conglomerates
Average net assets among peers: $3,414,253,925
Average return on equity (ROE) among peers: -0.69%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
MSCM Holdings Bhd (0041)	RM263.36 Million	16.05%	0.30x	$14.11 Million
Digistar Corporation Bhd (0029)	$26.17 Million	2.28%	0.58x	$5.51 Million
Key Alliance Group Bhd (0036)	$75.83 Million	-12.66%	0.28x	$2.15 Million
Asdion Bhd (0068)	$20.25 Million	-8.60%	0.75x	$1.92 Million
EA Holdings Bhd (0154)	$129.54 Million	-24.36%	0.07x	$8.10 Million
Sports Toto Berhad (1562)	$1.14 Billion	19.71%	2.44x	$446.60 Million
Batu Kawan Bhd (1899)	$8.66 Billion	5.59%	0.51x	$2.04 Billion
Kuala Lumpur Kepong Bhd (2445)	$16.14 Billion	5.17%	0.87x	$5.93 Billion
Hap Seng Consolidated Bhd (3034)	$2.58 Billion	12.18%	1.15x	$1.81 Billion
Berjaya Assets Bhd (3239)	$1.95 Billion	-5.53%	0.63x	$189.48 Million

About MSCM Holdings Bhd

KLSE:0041 Malaysia Conglomerates

Market Cap

$14.11 Million

RM56.20 Million MYR

Market Cap Rank

#26011 Global

#784 in Malaysia

Share Price

RM0.01

Change (1 day)

+0.00%

52-Week Range

RM0.01 - RM0.01

All Time High

RM1.92