MN Holdings Berhad (0245) - Net Assets
Based on the latest financial reports, MN Holdings Berhad (0245) has net assets worth RM385.62 Million MYR (≈ $96.82 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM707.94 Million ≈ $177.74 Million USD) and total liabilities (RM322.32 Million ≈ $80.92 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. See MN Holdings Berhad balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM385.62 Million |
| % of Total Assets | 54.47% |
| Annual Growth Rate | 42.99% |
| 5-Year Change | 527.76% |
| 10-Year Change | N/A |
| Growth Volatility | 28.28 |
MN Holdings Berhad - Net Assets Trend (2018–2026)
This chart illustrates how MN Holdings Berhad's net assets have evolved over time, based on quarterly financial data. Also explore 0245 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Net Assets for MN Holdings Berhad (2018–2026)
The table below shows the annual net assets of MN Holdings Berhad from 2018 to 2026. For live market cap and overall valuation, see market value of MN Holdings Berhad.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | RM385.62 Million ≈ $96.82 Million |
+98.07% |
| 2025-06-30 | RM194.69 Million ≈ $48.88 Million |
+64.50% |
| 2024-06-30 | RM118.35 Million ≈ $29.71 Million |
+66.86% |
| 2023-06-30 | RM70.93 Million ≈ $17.81 Million |
+15.47% |
| 2022-06-30 | RM61.43 Million ≈ $15.42 Million |
+56.51% |
| 2021-06-30 | RM39.25 Million ≈ $9.85 Million |
+21.97% |
| 2020-06-30 | RM32.18 Million ≈ $8.08 Million |
+17.50% |
| 2019-06-30 | RM27.39 Million ≈ $6.88 Million |
+24.10% |
| 2018-06-30 | RM22.07 Million ≈ $5.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MN 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 877.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM207.94 Million | 54.10% |
| Other Components | RM176.41 Million | 45.90% |
| Total Equity | RM384.35 Million | 100.00% |
MN Holdings Berhad Competitors by Market Cap
The table below lists competitors of MN Holdings Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningbo Baosi Energy Equipment Co Ltd
SHE:300441
|
$670.46 Million |
|
Shenyang Blue Silver Ind Auto
SHE:300293
|
$670.56 Million |
|
Danel (Adir Yeoshua) Ltd
TA:DANE
|
$670.72 Million |
|
Inti Bangun Sejahtera Tbk
JK:IBST
|
$670.86 Million |
|
Hangzhou Shenhao Technology Co Ltd
SHE:300853
|
$670.26 Million |
|
Daheng New Epoch Technology Inc
SHG:600288
|
$669.86 Million |
|
Surya Citra Media Tbk
JK:SCMA
|
$669.80 Million |
|
Grand Industrial Holding Co Ltd
SHE:000626
|
$669.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MN Holdings Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 194,146,000 to 384,345,000, a change of 190,199,000 (98.0%).
- Net income of 92,137,000 contributed positively to equity growth.
- Dividend payments of 584,000 reduced retained earnings.
- New share issuances of 94,865,000 increased equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM92.14 Million | +23.97% |
| Dividends Paid | RM584.00K | -0.15% |
| Share Issuances | RM94.86 Million | +24.68% |
| Other Changes | RM3.78 Million | +0.98% |
| Total Change | RM- | 97.97% |
Book Value vs Market Value Analysis
This analysis compares MN 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: 6.82x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 72.79x to 6.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | RM0.05 | RM3.93 | x |
| 2019-06-30 | RM0.07 | RM3.93 | x |
| 2020-06-30 | RM0.08 | RM3.93 | x |
| 2021-06-30 | RM0.10 | RM3.93 | x |
| 2022-06-30 | RM0.15 | RM3.93 | x |
| 2023-06-30 | RM0.17 | RM3.93 | x |
| 2024-06-30 | RM0.25 | RM3.93 | x |
| 2025-06-30 | RM0.33 | RM3.93 | x |
| 2026-06-30 | RM0.58 | RM3.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MN 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): 23.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.60%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 1.84x
- Recent ROE (23.97%) is above the historical average (20.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 33.38% | 14.23% | 1.14x | 2.05x | RM5.16 Million |
| 2019 | 23.25% | 9.69% | 1.00x | 2.40x | RM3.63 Million |
| 2020 | 17.59% | 8.32% | 0.94x | 2.24x | RM2.44 Million |
| 2021 | 20.71% | 7.06% | 1.06x | 2.77x | RM4.20 Million |
| 2022 | 9.00% | 5.32% | 0.88x | 1.93x | RM-614.94K |
| 2023 | 13.40% | 5.78% | 1.12x | 2.07x | RM2.41 Million |
| 2024 | 14.34% | 6.60% | 1.24x | 1.75x | RM5.12 Million |
| 2025 | 24.59% | 8.83% | 1.39x | 2.01x | RM28.33 Million |
| 2026 | 23.97% | 10.60% | 1.23x | 1.84x | RM53.70 Million |
Industry Comparison
This section compares MN Holdings Berhad's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $125,061,790
- Average return on equity (ROE) among peers: -5.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MN Holdings Berhad (0245) | RM385.62 Million | 33.38% | 0.84x | $670.43 Million |
| Southern Score Builders Berhad (0045) | $157.71 Million | 19.94% | 0.51x | $382.28 Million |
| Ecobuilt Holdings Bhd (0059) | $20.01 Million | 6.74% | 0.11x | $3.70 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $3.72 Million |
| Waja Konsortium Bhd (0102) | $44.55 Million | -8.34% | 0.48x | $12.60 Million |
| Kelington Group Bhd (0151) | $50.40 Million | 17.32% | 0.96x | $1.68 Billion |
| Widad Group Bhd (0162) | $432.46 Million | -5.53% | 1.40x | $7.84 Million |
| Pasukhas Group Bhd (0177) | $56.22 Million | -69.31% | 1.05x | $3.83 Million |
| HSS Engineers Bhd (0185) | $212.92 Million | -48.30% | 0.77x | $63.83 Million |
| Cabnet Holdings Bhd (0191) | $43.36 Million | 12.08% | 0.28x | $10.10 Million |
| Inta Bina Group Bhd (0192) | $169.16 Million | 13.52% | 2.01x | $61.73 Million |
About MN Holdings Berhad
MN Holdings Berhad, an investment holding company, provides underground utilities engineering and substation engineering services and solutions in Malaysia. The company procures, supplies, delivers, installs, lays, constructs, tests, commissions, inspects, repairs, and maintains power and auxiliary cables, and accessories for electricity transmission and distribution; telecommunication and fiber … Read more