L&P Global Berhad
L&P Global Berhad offers integrated industrial packaging solutions in Malaysia and Vietnam. It designs and manufactures wooden industrial packaging products comprising boxes, crates, and pallets. The company also provides packing services; circular supply services, including the collection, repair, and re-manufacture of worn and broken pallets into usable recycled pallets; and trades in plastic p… Read more
L&P Global Berhad (0268) - Net Assets
Latest net assets as of September 2025: RM102.71 Million MYR
Based on the latest financial reports, L&P Global Berhad (0268) has net assets worth RM102.71 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 (RM137.94 Million) and total liabilities (RM35.23 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 | RM102.71 Million |
| % of Total Assets | 74.46% |
| Annual Growth Rate | 41.55% |
| 5-Year Change | 273.9% |
| 10-Year Change | N/A |
| Growth Volatility | 34.79 |
L&P Global Berhad - Net Assets Trend (2019–2024)
This chart illustrates how L&P Global Berhad's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for L&P Global Berhad (2019–2024)
The table below shows the annual net assets of L&P Global Berhad from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM104.23 Million | +3.63% |
| 2023-12-31 | RM100.58 Million | +22.66% |
| 2022-12-31 | RM82.00 Million | +106.52% |
| 2021-12-31 | RM39.70 Million | +42.43% |
| 2020-12-31 | RM27.88 Million | +52.08% |
| 2019-12-31 | RM18.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to L&P Global 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 449.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM63.58 Million | 61.00% |
| Other Components | RM40.65 Million | 39.00% |
| Total Equity | RM104.23 Million | 100.00% |
L&P Global Berhad Competitors by Market Cap
The table below lists competitors of L&P Global Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Addentax Group Corp
NASDAQ:ATXG
|
$2.89 Million |
|
GMP Property SOCIMI SA
MC:YGMP
|
$2.90 Million |
|
EXACT THERAP. AS NK 0004
F:56F
|
$2.90 Million |
|
Magnasense AB
ST:MAGNA
|
$2.90 Million |
|
Fragbite Group AB
ST:FRAG
|
$2.89 Million |
|
ReShape Lifesciences Inc
NASDAQ:RSLS
|
$2.89 Million |
|
Braille Energy Systems Inc
V:BES
|
$2.89 Million |
|
Propanc Biopharma, Inc. Common Stock
PINK:PPCB
|
$2.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in L&P Global Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 100,578,428 to 104,233,413, a change of 3,654,985 (3.6%).
- Net income of 11,099,171 contributed positively to equity growth.
- Dividend payments of 7,283,990 reduced retained earnings.
- New share issuances of 239,400 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM11.10 Million | +10.65% |
| Dividends Paid | RM7.28 Million | -6.99% |
| Share Issuances | RM239.40K | +0.23% |
| Other Changes | RM-399.60K | -0.38% |
| Total Change | RM- | 3.63% |
Book Value vs Market Value Analysis
This analysis compares L&P Global 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: 0.48x
- 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 2.75x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | RM0.03 | RM0.09 | x |
| 2020-12-31 | RM0.05 | RM0.09 | x |
| 2021-12-31 | RM0.07 | RM0.09 | x |
| 2022-12-31 | RM0.15 | RM0.09 | x |
| 2023-12-31 | RM0.18 | RM0.09 | x |
| 2024-12-31 | RM0.19 | RM0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently L&P Global 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): 10.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.31%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.38x
- Recent ROE (10.65%) is below the historical average (24.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 23.96% | 6.63% | 1.55x | 2.33x | RM2.56 Million |
| 2020 | 35.34% | 11.16% | 1.54x | 2.06x | RM7.06 Million |
| 2021 | 36.09% | 11.85% | 1.63x | 1.87x | RM10.36 Million |
| 2022 | 17.97% | 9.79% | 1.10x | 1.68x | RM6.54 Million |
| 2023 | 20.57% | 12.38% | 1.16x | 1.43x | RM10.63 Million |
| 2024 | 10.65% | 8.31% | 0.93x | 1.38x | RM675.83K |
Industry Comparison
This section compares L&P Global Berhad's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $182,432,746
- Average return on equity (ROE) among peers: 5.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| L&P Global Berhad (0268) | RM102.71 Million | 23.96% | 0.34x | $2.89 Million |
| HPP Holdings Bhd (0228) | $67.39 Million | 12.22% | 0.57x | $4.91 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 |