HPP Holdings Bhd
HPP Holdings Berhad, an investment holding company, provides pre-press and post-press packaging services in Malaysia. It offers full colour offset printing solutions. The company also produces paper-based packaging, including corrugated packaging, non-corrugated packaging, paper pulp moulded packaging, and other related products, such as brochures, leaflet, labels, and paper bags. In addition, it… Read more
HPP Holdings Bhd (0228) - Net Assets
Latest net assets as of September 2025: RM125.05 Million MYR
Based on the latest financial reports, HPP Holdings Bhd (0228) has net assets worth RM125.05 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 (RM156.67 Million) and total liabilities (RM31.62 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 | RM125.05 Million |
| % of Total Assets | 79.82% |
| Annual Growth Rate | 13.19% |
| 5-Year Change | 11.58% |
| 10-Year Change | N/A |
| Growth Volatility | 20.78 |
HPP Holdings Bhd - Net Assets Trend (2017–2024)
This chart illustrates how HPP Holdings 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 HPP Holdings Bhd (2017–2024)
The table below shows the annual net assets of HPP Holdings Bhd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM123.36 Million | -0.17% |
| 2023-12-31 | RM123.57 Million | +1.71% |
| 2022-12-31 | RM121.49 Million | +5.20% |
| 2021-12-31 | RM115.49 Million | +4.45% |
| 2020-12-31 | RM110.56 Million | +64.07% |
| 2019-12-31 | RM67.39 Million | +13.92% |
| 2018-12-31 | RM59.16 Million | +14.16% |
| 2017-12-31 | RM51.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HPP 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 3303607000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM33.04 Million | 26.78% |
| Common Stock | RM90.33 Million | 73.22% |
| Total Equity | RM123.36 Million | 100.00% |
HPP Holdings Bhd Competitors by Market Cap
The table below lists competitors of HPP Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Moment Group AB
ST:MOMENT
|
$4.91 Million |
|
Annexin Pharmaceuticals AB
ST:ANNX
|
$4.92 Million |
|
Ben Tre Pharmaceutical JSC
VN:DBT
|
$4.92 Million |
|
Tarena International Inc
NASDAQ:TCTM
|
$4.92 Million |
|
Verb Technology Company Inc
NASDAQ:VERB
|
$4.91 Million |
|
Royal Helium Ltd
OTCQB:RHCCF
|
$4.91 Million |
|
Boswell J G Co
PINK:BWEL
|
$4.91 Million |
|
188260
KQ:188260
|
$4.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HPP Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 122,027,022 to 123,364,210, a change of 1,337,188 (1.1%).
- Net income of 2,181,020 contributed positively to equity growth.
- Dividend payments of 1,942,450 reduced retained earnings.
- Share repurchases of 91,360 reduced equity.
- New share issuances of 92,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.18 Million | +1.77% |
| Dividends Paid | RM1.94 Million | -1.57% |
| Share Repurchases | RM91.36K | -0.07% |
| Share Issuances | RM92.00K | +0.07% |
| Other Changes | RM1.10 Million | +0.89% |
| Total Change | RM- | 1.10% |
Book Value vs Market Value Analysis
This analysis compares HPP 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: 0.95x
- 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 2.25x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | RM0.13 | RM0.30 | x |
| 2018-12-31 | RM0.15 | RM0.30 | x |
| 2019-12-31 | RM0.17 | RM0.30 | x |
| 2020-12-31 | RM0.28 | RM0.30 | x |
| 2021-12-31 | RM0.30 | RM0.30 | x |
| 2022-12-31 | RM0.31 | RM0.30 | x |
| 2023-12-31 | RM0.31 | RM0.30 | x |
| 2024-12-31 | RM0.32 | RM0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HPP 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): 1.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.40%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.29x
- Recent ROE (1.77%) is below the historical average (12.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 28.82% | 23.19% | 0.81x | 1.54x | RM9.75 Million |
| 2018 | 22.54% | 16.13% | 0.86x | 1.63x | RM7.42 Million |
| 2019 | 12.22% | 8.14% | 0.96x | 1.57x | RM1.49 Million |
| 2020 | 15.20% | 15.75% | 0.70x | 1.38x | RM5.75 Million |
| 2021 | 7.29% | 9.82% | 0.58x | 1.27x | RM-3.13 Million |
| 2022 | 7.66% | 11.52% | 0.55x | 1.22x | RM-2.84 Million |
| 2023 | 3.33% | 5.90% | 0.43x | 1.30x | RM-8.14 Million |
| 2024 | 1.77% | 3.40% | 0.40x | 1.29x | RM-10.16 Million |
Industry Comparison
This section compares HPP Holdings Bhd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $178,042,582
- Average return on equity (ROE) among peers: 7.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HPP Holdings Bhd (0228) | RM125.05 Million | 28.82% | 0.25x | $4.91 Million |
| L&P Global Berhad (0268) | $27.88 Million | 35.34% | 1.06x | $2.89 Million |
| DS Sigma Holdings Berhad (0269) | $114.25 Million | 9.64% | 0.15x | $5.12 Million |
| Scientex Bhd (4731) | $450.80 Million | 13.38% | 0.50x | $472.96 Million |
| Versatile Creative Bhd (4995) | $99.00 Million | -2.02% | 0.48x | $14.13 Million |
| Ornapaper Bhd (5065) | $115.00 Million | 6.09% | 0.81x | $3.43 Million |
| BP Plastics Holding Bhd (5100) | $154.00 Million | 6.49% | 0.29x | $8.97 Million |
| Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) | $441.46 Million | -6.48% | 1.12x | $52.74 Million |
| Box Pak (Malaysia) Bhd (6297) | $150.00 Million | 5.33% | 1.08x | $872.08K |
| Master Pack Group Bhd (7029) | $50.00 Million | 2.00% | 0.58x | $3.28 Million |