Matang Bhd
Matang Berhad is an investment holding company operating through its subsidiary that develops real estate properties. Matang Berhad was incorporated in 1978 and is based in Johor Bahru, Malaysia.
Matang Bhd (0189) - Net Assets
Latest net assets as of September 2025: RM250.29 Million MYR
Based on the latest financial reports, Matang Bhd (0189) has net assets worth RM250.29 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM256.56 Million) and total liabilities (RM6.27 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 | RM250.29 Million |
| % of Total Assets | 97.56% |
| Annual Growth Rate | 3.98% |
| 5-Year Change | 9.4% |
| 10-Year Change | 48.51% |
| Growth Volatility | 7.12 |
Matang Bhd - Net Assets Trend (2015–2025)
This chart illustrates how Matang 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 Matang Bhd (2015–2025)
The table below shows the annual net assets of Matang Bhd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM248.32 Million | +0.86% |
| 2024-06-30 | RM246.20 Million | -0.25% |
| 2023-06-30 | RM246.80 Million | +8.09% |
| 2022-06-30 | RM228.34 Million | +0.60% |
| 2021-06-30 | RM226.98 Million | +22.42% |
| 2020-06-30 | RM185.41 Million | -0.63% |
| 2019-06-30 | RM186.58 Million | -0.97% |
| 2018-06-30 | RM188.42 Million | +2.05% |
| 2017-06-30 | RM184.64 Million | +10.42% |
| 2016-06-30 | RM167.21 Million | -0.48% |
| 2015-06-30 | RM168.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Matang 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 decreased by 97.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM3.25 Million | 1.31% |
| Common Stock | RM245.07 Million | 98.69% |
| Total Equity | RM248.32 Million | 100.00% |
Matang Bhd Competitors by Market Cap
The table below lists competitors of Matang Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Acuvi AB
ST:ACUVI
|
$17.52 Million |
|
Bank Agris Tbk
JK:AGRS
|
$17.52 Million |
|
SECURE INC.
F:Q58
|
$17.52 Million |
|
Pluk Phak Praw Rak Mae Public Company Limited
BK:OKJ
|
$17.53 Million |
|
Woosung Feed
KO:006980
|
$17.51 Million |
|
Scidev Ltd
AU:SDV
|
$17.50 Million |
|
A Dong Paint JSC
VN:ADP
|
$17.50 Million |
|
Sekar Laut Tbk
JK:SKLT
|
$17.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Matang Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 246,195,830 to 248,319,030, a change of 2,123,200 (0.9%).
- Net income of 5,963,610 contributed positively to equity growth.
- Dividend payments of 3,822,480 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.96 Million | +2.4% |
| Dividends Paid | RM3.82 Million | -1.54% |
| Other Changes | RM-17.93K | -0.01% |
| Total Change | RM- | 0.86% |
Book Value vs Market Value Analysis
This analysis compares Matang 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: 0.72x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM0.10 | RM0.08 | x |
| 2017-06-30 | RM0.10 | RM0.08 | x |
| 2018-06-30 | RM0.10 | RM0.08 | x |
| 2019-06-30 | RM0.10 | RM0.08 | x |
| 2020-06-30 | RM0.10 | RM0.08 | x |
| 2021-06-30 | RM0.10 | RM0.08 | x |
| 2022-06-30 | RM0.11 | RM0.08 | x |
| 2023-06-30 | RM0.10 | RM0.08 | x |
| 2024-06-30 | RM0.10 | RM0.08 | x |
| 2025-06-30 | RM0.10 | RM0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Matang 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): 2.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.64%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.03x
- Recent ROE (2.40%) is above the historical average (1.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 1.07% | 24.34% | 0.04x | 1.02x | RM-15.00 Million |
| 2016 | 0.95% | 22.24% | 0.04x | 1.01x | RM-15.13 Million |
| 2017 | 0.68% | 13.00% | 0.05x | 1.02x | RM-17.21 Million |
| 2018 | 2.17% | 32.35% | 0.07x | 1.02x | RM-14.75 Million |
| 2019 | 0.98% | 18.79% | 0.05x | 1.01x | RM-16.83 Million |
| 2020 | 0.87% | 16.78% | 0.05x | 1.02x | RM-16.93 Million |
| 2021 | 1.81% | 29.98% | 0.06x | 1.02x | RM-18.59 Million |
| 2022 | 2.49% | 32.28% | 0.08x | 1.02x | RM-17.14 Million |
| 2023 | 1.06% | 18.33% | 0.06x | 1.02x | RM-22.05 Million |
| 2024 | 1.30% | 19.02% | 0.07x | 1.02x | RM-21.41 Million |
| 2025 | 2.40% | 27.64% | 0.08x | 1.03x | RM-18.87 Million |
Industry Comparison
This section compares Matang Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $466,522,992
- Average return on equity (ROE) among peers: 1.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Matang Bhd (0189) | RM250.29 Million | 1.07% | 0.03x | $17.51 Million |
| Green Ocean Corporation Bhd (0074) | $21.99 Million | 8.76% | 1.57x | $2.27 Million |
| MAG Holdings Berhad (0095) | $473.76 Million | -1.41% | 0.15x | $29.82 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 |
| 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 |