Perak Transit Bhd

KLSE:0186 Malaysia Railroads
Market Cap
$65.74 Million
RM296.07 Million MYR
Market Cap Rank
#22207 Global
#240 in Malaysia
Share Price
RM0.25
Change (1 day)
+6.52%
52-Week Range
RM0.23 - RM0.76
All Time High
RM0.88
Categories
Companies in Malaysia Railroads
About

Perak Transit Berhad, an investment holding company, develops, owns, and operates an integrated public transportation terminal (IPTT) in Malaysia. The company operates through IPTT Operations, Bus Operations, Petrol Stations Operations, and Telecommunication Tower Construction Operations segments. It operates Terminal Meru Raya and Kampar Putra Sentral terminals by providing advertising and promo… Read more

Perak Transit Bhd (0186) - Net Assets

Latest net assets as of December 2025: RM881.72 Million MYR

Based on the latest financial reports, Perak Transit Bhd (0186) has net assets worth RM881.72 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 (RM2.41 Billion) and total liabilities (RM1.53 Billion). 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 RM881.72 Million
% of Total Assets 36.56%
Annual Growth Rate 23.03%
5-Year Change 75.56%
10-Year Change 339.23%
Growth Volatility 14.68

Perak Transit Bhd - Net Assets Trend (2013–2025)

This chart illustrates how Perak Transit Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Perak Transit Bhd (2013–2025)

The table below shows the annual net assets of Perak Transit Bhd from 2013 to 2025.

Year Net Assets Change
2025-12-31 RM881.72 Million +17.04%
2024-12-31 RM753.37 Million +16.07%
2023-12-31 RM649.07 Million +11.16%
2022-12-31 RM583.91 Million +16.26%
2021-12-31 RM502.24 Million +7.00%
2020-12-31 RM469.37 Million +41.25%
2019-12-31 RM332.30 Million +17.71%
2018-12-31 RM282.32 Million +28.17%
2017-12-31 RM220.26 Million +9.72%
2016-12-31 RM200.74 Million +58.02%
2015-12-31 RM127.04 Million +39.71%
2014-12-31 RM90.93 Million +23.99%
2013-12-31 RM73.34 Million --

Equity Component Analysis

This analysis shows how different components contribute to Perak Transit 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 2370.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings RM383.52 Million 44.22%
Common Stock RM397.73 Million 45.85%
Other Components RM86.11 Million 9.93%
Total Equity RM867.37 Million 100.00%

Perak Transit Bhd Competitors by Market Cap

The table below lists competitors of Perak Transit Bhd ranked by their market capitalization.

Company Market Cap
Truong Thanh Furniture Corp
VN:TTF
 		$40.73 Million
AIRTIF.INTEL.STR. EO-09
F:IRG
 		$40.74 Million
APG Securities Joint Stock Co
VN:APG
 		$40.75 Million
CSAM Health Group AS
OTCGREY:CSAMF
 		$40.75 Million
Awardit AB
ST:AWRD
 		$40.73 Million
Max India Limited
NSE:MAXIND
 		$40.72 Million
Zwack Unicum Likoripari es Kereskedelmi Nyrt.
BUD:ZWACK
 		$40.70 Million
Algoltek Inc
TWO:6684
 		$40.69 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 753,245,000 to 867,365,000, a change of 114,120,000 (15.2%).
  • Net income of 78,579,000 contributed positively to equity growth.
  • Dividend payments of 19,908,000 reduced retained earnings.
  • Share repurchases of 1,008,999 reduced equity.
  • Other factors increased equity by 56,457,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM78.58 Million +9.06%
Dividends Paid RM19.91 Million -2.3%
Share Repurchases RM1.01 Million -0.12%
Other Changes RM56.46 Million +6.51%
Total Change RM- 15.15%

Book Value vs Market Value Analysis

This analysis compares Perak Transit 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: 0.33x
  • 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 2.64x to 0.33x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 RM0.09 RM0.25 x
2014-12-31 RM0.12 RM0.25 x
2015-12-31 RM0.16 RM0.25 x
2016-12-31 RM0.48 RM0.25 x
2017-12-31 RM0.33 RM0.25 x
2018-12-31 RM0.60 RM0.25 x
2019-12-31 RM0.46 RM0.25 x
2020-12-31 RM0.74 RM0.25 x
2021-12-31 RM0.53 RM0.25 x
2022-12-31 RM0.55 RM0.25 x
2023-12-31 RM0.57 RM0.25 x
2024-12-31 RM0.67 RM0.25 x
2025-12-31 RM0.75 RM0.25 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Perak Transit 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): 9.06%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 40.05%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 2.78x
  • Recent ROE (9.06%) is below the historical average (11.28%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 9.83% 11.14% 0.31x 2.81x RM-124.36K
2014 14.86% 17.32% 0.32x 2.70x RM4.39 Million
2015 15.09% 25.74% 0.28x 2.11x RM6.44 Million
2016 10.74% 23.92% 0.26x 1.71x RM1.49 Million
2017 13.14% 27.00% 0.26x 1.86x RM6.90 Million
2018 12.70% 31.57% 0.22x 1.84x RM7.61 Million
2019 12.02% 31.94% 0.19x 2.00x RM6.68 Million
2020 8.91% 35.02% 0.16x 1.55x RM-5.12 Million
2021 10.60% 38.39% 0.16x 1.69x RM2.99 Million
2022 10.28% 35.10% 0.17x 1.70x RM1.62 Million
2023 10.03% 37.58% 0.14x 1.95x RM190.45K
2024 9.42% 38.01% 0.11x 2.20x RM-4.33 Million
2025 9.06% 40.05% 0.08x 2.78x RM-8.16 Million

Industry Comparison

This section compares Perak Transit Bhd's net assets metrics with peer companies in the Railroads industry.

Industry Context

  • Industry: Railroads
  • Average net assets among peers: $49,983,976
  • Average return on equity (ROE) among peers: -32.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Perak Transit Bhd (0186) RM881.72 Million 9.83% 1.74x $40.73 Million
HI Mobility Berhad (5335) $36.97 Million -86.68% 2.61x $77.74 Million
G Capital Bhd (7676) $63.00 Million 22.22% 0.95x $6.70 Million