Perak Transit Bhd (0186) - Net Assets

Latest as of March 2026: RM880.16 Million MYR ≈ $220.98 Million USD

Based on the latest financial reports, Perak Transit Bhd (0186) has net assets worth RM880.16 Million MYR (≈ $220.98 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.77 Billion ≈ $445.21 Million USD) and total liabilities (RM893.12 Million ≈ $224.23 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. Also explore 0186 total asset value for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets RM880.16 Million
% of Total Assets 49.63%
Annual Growth Rate 22.86%
5-Year Change 72.73%
10-Year Change 332.14%
Growth Volatility 14.77

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. Check Perak Transit Bhd tangible book value ratio to evaluate the tangible quality of the company's equity base.

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. For live valuation and market cap data, see 0186 market cap overview.

Year Net Assets Change
2025-12-31 RM867.50 Million
≈ $217.80 Million		 +15.15%
2024-12-31 RM753.37 Million
≈ $189.15 Million		 +16.07%
2023-12-31 RM649.07 Million
≈ $162.96 Million		 +11.16%
2022-12-31 RM583.91 Million
≈ $146.60 Million		 +16.26%
2021-12-31 RM502.24 Million
≈ $126.10 Million		 +7.00%
2020-12-31 RM469.37 Million
≈ $117.84 Million		 +41.25%
2019-12-31 RM332.30 Million
≈ $83.43 Million		 +17.71%
2018-12-31 RM282.32 Million
≈ $70.88 Million		 +28.17%
2017-12-31 RM220.26 Million
≈ $55.30 Million		 +9.72%
2016-12-31 RM200.74 Million
≈ $50.40 Million		 +58.02%
2015-12-31 RM127.04 Million
≈ $31.89 Million		 +39.71%
2014-12-31 RM90.93 Million
≈ $22.83 Million		 +23.99%
2013-12-31 RM73.34 Million
≈ $18.41 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 2346.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings RM379.86 Million 43.79%
Common Stock RM397.73 Million 45.85%
Other Comprehensive Income RM86.11 Million 9.93%
Other Components RM3.67 Million 0.42%
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
Iskandar Waterfront City Bhd
KLSE:1589
 $54.35 Million
Universus Photo Imagings Limited
NSE:UNIVPHOTO
 $54.35 Million
Leader Electronics Inc
TW:3058
 $54.35 Million
Asia Hotel Public Company Limited
BK:ASIA
 $54.36 Million
Brimag -L
TA:BRMG
 $54.31 Million
Astra Exploration Inc
V:ASTR
 $54.28 Million
CHEET.M.ADR 50 NEW
F:0C9
 $54.27 Million
Hilbert Group AB Series B
ST:HILB-B
 $54.23 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 74,913,526 contributed positively to equity growth.
  • Dividend payments of 19,908,000 reduced retained earnings.
  • Share repurchases of 1,008,999 reduced equity.
  • New share issuances of 53,933,000 increased equity.
  • Other comprehensive income increased equity by 86,111,131.
  • Other factors decreased equity by 79,920,658.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM74.91 Million +8.64%
Dividends Paid RM19.91 Million -2.3%
Share Repurchases RM1.01 Million -0.12%
Share Issuances RM53.93 Million +6.22%
Other Comprehensive Income RM86.11 Million +9.93%
Other Changes RM-79.92 Million -9.21%
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: 0.23x
  • 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 1.89x to 0.23x 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 RM0.18 x
2014-12-31 RM0.12 RM0.18 x
2015-12-31 RM0.16 RM0.18 x
2016-12-31 RM0.48 RM0.18 x
2017-12-31 RM0.33 RM0.18 x
2018-12-31 RM0.60 RM0.18 x
2019-12-31 RM0.46 RM0.18 x
2020-12-31 RM0.74 RM0.18 x
2021-12-31 RM0.53 RM0.18 x
2022-12-31 RM0.55 RM0.18 x
2023-12-31 RM0.57 RM0.18 x
2024-12-31 RM0.67 RM0.18 x
2025-12-31 RM0.75 RM0.18 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): 8.64%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 38.18%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 2.78x
  • Recent ROE (8.64%) is below the historical average (11.25%), 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 8.64% 38.18% 0.08x 2.78x RM-11.82 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: $83,270,000
  • Average return on equity (ROE) among peers: -2.96%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Perak Transit Bhd (0186) RM880.16 Million 9.83% 1.01x $54.33 Million
G Capital Bhd (7676) $83.27 Million -2.96% 0.80x $12.76 Million

About Perak Transit Bhd

KLSE:0186 Malaysia Railroads
Market Cap
$54.33 Million
RM216.38 Million MYR
Market Cap Rank
#21542 Global
#463 in Malaysia
Share Price
RM0.18
Change (1 day)
+0.00%
52-Week Range
RM0.17 - RM0.70
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 five segments: Operation of IPTT, Operation of Public Transportation, Operation of Petrol Station, Operation of Telecommunication Tower Construction, and Others. It operates Terminal Meru Raya, Kampar Putra Sentral, and Bid… Read more