Vestland Berhad Net Assets
Vestland Berhad net assets. Based on the latest financial reports, Vestland Berhad (0273) has net assets worth RM247.05 Million MYR (≈ $62.03 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 (RM1.02 Billion ≈ $256.44 Million USD) and total liabilities (RM774.33 Million ≈ $194.41 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 Vestland Berhad (0273) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM247.05 Million |
| % of Total Assets | 24.19% |
| Annual Growth Rate | 44.69% |
| 5-Year Change | 388.75% |
| 10-Year Change | N/A |
| Growth Volatility | 35.21 |
Net Assets of Vestland Berhad (2020–2025)
Net assets of Vestland Berhad from 2020 to 2025. This chart illustrates how Vestland Berhad's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Vestland Berhad to measure how much of total assets are equity-financed.
Annual Net Assets for Vestland Berhad (2020–2025)
The table below shows the annual net assets of Vestland Berhad from 2020 to 2025. For live market cap and overall valuation, see 0273 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM227.02 Million ≈ $57.00 Million |
+18.25% |
| 2024-12-31 | RM191.98 Million ≈ $48.20 Million |
+25.10% |
| 2023-12-31 | RM153.46 Million ≈ $38.53 Million |
+114.46% |
| 2022-12-31 | RM71.56 Million ≈ $17.97 Million |
+54.06% |
| 2021-12-31 | RM46.45 Million ≈ $11.66 Million |
+29.70% |
| 2020-12-31 | RM35.81 Million ≈ $8.99 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Vestland 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 402.4% over the analyzed period, indicating profitable operations and earnings retention.
Vestland Berhad Net Assets Breakdown (December 2025)
Vestland Berhad net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM171.13 Million | 75.38% |
| Other Components | RM55.89 Million | 24.62% |
| Total Equity | RM227.02 Million | 100.00% |
Vestland Berhad Competitors by Market Cap
The table below lists competitors of Vestland Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Instabank ASA
OL:INSTA
|
$228.22 Million |
|
Grupa Azoty Zaklady Azotowe Pulawy SA
WAR:ZAP
|
$228.32 Million |
|
Empire Energy Group Ltd
AU:EEG
|
$228.38 Million |
|
Penns Woods Bancorp Inc
NASDAQ:PWOD
|
$228.43 Million |
|
Emergent Biosolutions Inc
NYSE:EBS
|
$228.17 Million |
|
Dabaco
VN:DBC
|
$228.11 Million |
|
Shanghai Dragonnet Tech
SHE:300245
|
$228.10 Million |
|
Fourlis Holdings S.A.
AT:FOYRK
|
$228.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vestland Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 191,979,454 to 227,020,117, a change of 35,040,663 (18.3%).
- Net income of 35,040,663 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM35.04 Million | +15.44% |
| Total Change | RM- | 18.25% |
Book Value vs Market Value Analysis
This analysis compares Vestland 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: 3.64x
- 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 23.07x to 3.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | RM0.04 | RM0.88 | x |
| 2021-12-31 | RM0.05 | RM0.88 | x |
| 2022-12-31 | RM0.08 | RM0.88 | x |
| 2023-12-31 | RM0.16 | RM0.88 | x |
| 2024-12-31 | RM0.20 | RM0.88 | x |
| 2025-12-31 | RM0.24 | RM0.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vestland 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): 15.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.47%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 4.00x
- Recent ROE (15.44%) is below the historical average (21.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 19.57% | 7.22% | 0.80x | 3.38x | RM3.43 Million |
| 2021 | 22.90% | 6.22% | 1.01x | 3.63x | RM5.99 Million |
| 2022 | 35.09% | 8.26% | 1.34x | 3.17x | RM17.95 Million |
| 2023 | 18.09% | 7.95% | 0.72x | 3.14x | RM12.42 Million |
| 2024 | 20.06% | 6.15% | 0.88x | 3.72x | RM19.32 Million |
| 2025 | 15.44% | 4.47% | 0.86x | 4.00x | RM12.34 Million |
Industry Comparison
This section compares Vestland Berhad's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $748,586,879
- Average return on equity (ROE) among peers: 4.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vestland Berhad (0273) | RM247.05 Million | 19.57% | 3.13x | $228.19 Million |
| Vinvest Capital Holdings Bhd (0069) | $460.81 Million | 3.15% | 0.30x | $7.30 Million |
| Gagasan Nadi Cergas Berhad (0206) | $378.75 Million | 8.60% | 1.40x | $63.33 Million |
| Global Oriental Bhd (1147) | $450.00 Million | 6.67% | 1.42x | $8.56 Million |
| Pan Malaysia Holdings Bhd (1287) | $29.94 Million | -0.21% | 0.72x | $294.43 Million |
| GuocoLand (Malaysia) Bhd (1503) | $1.34 Billion | 1.58% | 1.21x | $3.35 Million |
| Symphony Life Bhd (1538) | $932.53 Million | 6.66% | 0.61x | $28.37 Million |
| Iskandar Waterfront City Bhd (1589) | $744.83 Million | -4.32% | 0.97x | $45.10 Million |
| Paramount Corporation Bhd (1724) | $1.63 Billion | 5.83% | 0.83x | $152.45 Million |
| Selangor Dredging Bhd (2224) | $771.00 Million | 8.69% | 0.86x | $40.65 Million |
About Vestland Berhad
Vestland Berhad, an investment holding company, engages in the construction of residential and non-residential buildings for private and public sectors in Malaysia. It operates through Build, Design and Build, and Civil Engineering segments. The company involved in the construction of nonresidential buildings, including mixed-use commercial buildings and offices, industrial buildings, service apa… Read more