MAG Holdings Berhad
MAG Holdings Berhad, an investment holding company, engages in the prawn aquaculture business in Malaysia. The company offers food processing, manufacturing, and export of prawns. It also involved in trading of prawns. The company was formerly known as XingHe Holdings Berhad and changed its name to MAG Holdings Berhad in August 2020. MAG Holdings Berhad was incorporated in 2004 and is headquarter… Read more
MAG Holdings Berhad (0095) - Net Assets
Latest net assets as of December 2025: RM601.22 Million MYR
Based on the latest financial reports, MAG Holdings Berhad (0095) has net assets worth RM601.22 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.10 Billion) and total liabilities (RM496.75 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 | RM601.22 Million |
| % of Total Assets | 54.76% |
| Annual Growth Rate | 6.61% |
| 5-Year Change | 62.02% |
| 10-Year Change | N/A |
| Growth Volatility | 10.34 |
MAG Holdings Berhad - Net Assets Trend (2015–2024)
This chart illustrates how MAG Holdings Berhad's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MAG Holdings Berhad (2015–2024)
The table below shows the annual net assets of MAG Holdings Berhad from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM869.97 Million | +6.60% |
| 2023-12-31 | RM816.10 Million | +6.33% |
| 2022-12-31 | RM767.53 Million | +8.70% |
| 2021-12-31 | RM706.08 Million | +31.50% |
| 2020-12-31 | RM536.95 Million | +12.28% |
| 2019-12-31 | RM478.25 Million | +5.65% |
| 2018-12-31 | RM452.69 Million | -4.45% |
| 2017-12-31 | RM473.76 Million | -6.74% |
| 2016-12-31 | RM508.00 Million | +3.86% |
| 2015-12-31 | RM489.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MAG Holdings Berhad'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 4.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM265.00 Million | 30.46% |
| Other Components | RM604.97 Million | 69.54% |
| Total Equity | RM869.97 Million | 100.00% |
MAG Holdings Berhad Competitors by Market Cap
The table below lists competitors of MAG Holdings Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HRS Co. Ltd
KQ:036640
|
$29.83 Million |
|
ELK-Desa Resources Bhd
KLSE:5228
|
$29.84 Million |
|
Nurol Gayrimenkul Yatirim Ortakligi AS
IS:NUGYO
|
$29.84 Million |
|
Desa Deri Sanayi ve Ticaret AS
IS:DESA
|
$29.84 Million |
|
Stellar Resources Limited
PINK:SLROF
|
$29.82 Million |
|
Korchip
KQ:126730
|
$29.82 Million |
|
PENTIXAPHARM HOLDING N AG
XETRA:PTP
|
$29.81 Million |
|
Picard Medical, Inc.
NYSE MKT:PMI
|
$29.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MAG Holdings Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 816,103,000 to 869,973,000, a change of 53,870,000 (6.6%).
- Net income of 46,967,000 contributed positively to equity growth.
- Dividend payments of 1,873,000 reduced retained earnings.
- Share repurchases of 73,585,000 reduced equity.
- New share issuances of 38,078,000 increased equity.
- Other factors increased equity by 44,283,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM46.97 Million | +5.4% |
| Dividends Paid | RM1.87 Million | -0.22% |
| Share Repurchases | RM73.58 Million | -8.46% |
| Share Issuances | RM38.08 Million | +4.38% |
| Other Changes | RM44.28 Million | +5.09% |
| Total Change | RM- | 6.60% |
Book Value vs Market Value Analysis
This analysis compares MAG Holdings Berhad'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: 0.38x
- 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 increased from 0.11x to 0.38x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM1.67 | RM0.18 | x |
| 2016-12-31 | RM1.73 | RM0.18 | x |
| 2017-12-31 | RM1.61 | RM0.18 | x |
| 2018-12-31 | RM1.41 | RM0.18 | x |
| 2019-12-31 | RM0.80 | RM0.18 | x |
| 2020-12-31 | RM0.71 | RM0.18 | x |
| 2021-12-31 | RM0.49 | RM0.18 | x |
| 2022-12-31 | RM0.48 | RM0.18 | x |
| 2023-12-31 | RM0.49 | RM0.18 | x |
| 2024-12-31 | RM0.46 | RM0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MAG Holdings Berhad 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): 5.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.63%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.47x
- Recent ROE (5.40%) is above the historical average (1.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 17.38% | 7.44% | 1.96x | 1.19x | RM36.10 Million |
| 2016 | 4.65% | 3.08% | 1.28x | 1.18x | RM-27.17 Million |
| 2017 | -1.41% | -1.87% | 0.66x | 1.15x | RM-54.06 Million |
| 2018 | -5.21% | 0.00% | 0.00x | 1.59x | RM-68.86 Million |
| 2019 | -22.74% | -6696.74% | 0.00x | 1.13x | RM-156.58 Million |
| 2020 | 1.72% | 11.30% | 0.13x | 1.16x | RM-44.48 Million |
| 2021 | 2.51% | 12.93% | 0.14x | 1.42x | RM-52.88 Million |
| 2022 | 4.45% | 16.94% | 0.19x | 1.40x | RM-42.59 Million |
| 2023 | 4.21% | 11.26% | 0.25x | 1.49x | RM-47.26 Million |
| 2024 | 5.40% | 13.63% | 0.27x | 1.47x | RM-40.03 Million |
Industry Comparison
This section compares MAG Holdings Berhad's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $441,474,107
- Average return on equity (ROE) among peers: 1.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MAG Holdings Berhad (0095) | RM601.22 Million | 17.38% | 0.83x | $29.82 Million |
| Green Ocean Corporation Bhd (0074) | $21.99 Million | 8.76% | 1.57x | $2.27 Million |
| Greenyield Bhd (0136) | $54.42 Million | -0.73% | 0.43x | $3.29 Million |
| Heng Huat Resources Group Bhd (0175) | $231.51 Million | 3.70% | 0.31x | $7.31 Million |
| Matang Bhd (0189) | $248.32 Million | 2.40% | 0.03x | $17.51 Million |
| Pinehill Pacific Bhd (1902) | $184.30 Million | -6.00% | -0.03x | $6.70 Million |
| Chin Teck Plantations Bhd (1929) | $651.35 Million | 10.97% | 0.05x | $63.45 Million |
| Kretam Holdings Bhd (1996) | $607.72 Million | -6.37% | 0.35x | $46.24 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $545.52 Million | -0.47% | 0.35x | $25.62 Million |
| TDM Berhad (2054) | $1.43 Billion | 1.62% | 0.87x | $25.63 Million |