KTI
KTI Landmark Berhad, an investment holding company, engages in the property development business in Malaysia. It operates through three segments: Property Development, Construction, and Others. The company develops residential, commercial, and mixed development properties, including affordable housing, luxury condominiums, and retail complexes. It also provides end to-end construction services, w… Read more
KTI (0308) - Net Assets
Latest net assets as of September 2025: RM184.12 Million MYR
Based on the latest financial reports, KTI (0308) has net assets worth RM184.12 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 (RM845.95 Million) and total liabilities (RM661.83 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 | RM184.12 Million |
| % of Total Assets | 21.76% |
| Annual Growth Rate | 11.43% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.48 |
KTI - Net Assets Trend (2021–2024)
This chart illustrates how KTI's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KTI (2021–2024)
The table below shows the annual net assets of KTI from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM176.17 Million | +28.96% |
| 2023-12-31 | RM136.61 Million | -0.85% |
| 2022-12-31 | RM137.78 Million | +8.23% |
| 2021-12-31 | RM127.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KTI'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 2.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM128.13 Million | 72.73% |
| Other Components | RM48.04 Million | 27.27% |
| Total Equity | RM176.17 Million | 100.00% |
KTI Competitors by Market Cap
The table below lists competitors of KTI ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tantalex Resources Corporation
OTCQB:TTLXF
|
$5.35 Million |
|
Energy World Corporation Ltd
PINK:EWCLF
|
$5.35 Million |
|
ROYIF
PINK:ROYIF
|
$5.35 Million |
|
Kyobo 15 Special Purpose Acquisition Company
KQ:465320
|
$5.35 Million |
|
Bossdom Digiinnovation Co., Ltd.
TWO:6622
|
$5.35 Million |
|
Royalindo Investa Wijaya
JK:INDO
|
$5.34 Million |
|
LONZA GRP N
MU:LO3
|
$5.34 Million |
|
Norrhydro Group Oyj
HE:NORRH
|
$5.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KTI's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 136,606,787 to 176,166,025, a change of 39,559,238 (29.0%).
- Net income of 8,518,674 contributed positively to equity growth.
- Dividend payments of 15,000,000 reduced retained earnings.
- New share issuances of 46,040,564 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM8.52 Million | +4.84% |
| Dividends Paid | RM15.00 Million | -8.51% |
| Share Issuances | RM46.04 Million | +26.13% |
| Total Change | RM- | 28.96% |
Book Value vs Market Value Analysis
This analysis compares KTI'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: 1.84x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.55x to 1.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | RM0.16 | RM0.41 | x |
| 2022-12-31 | RM0.17 | RM0.41 | x |
| 2023-12-31 | RM0.17 | RM0.41 | x |
| 2024-12-31 | RM0.22 | RM0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KTI 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): 4.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.86%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 3.85x
- Recent ROE (4.84%) is below the historical average (8.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 12.27% | 15.86% | 0.42x | 1.83x | RM2.89 Million |
| 2022 | 7.61% | 9.29% | 0.45x | 1.82x | RM-3.30 Million |
| 2023 | 10.12% | 11.50% | 0.32x | 2.76x | RM161.45K |
| 2024 | 4.84% | 4.86% | 0.26x | 3.85x | RM-9.10 Million |
Industry Comparison
This section compares KTI's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $613,661,351
- Average return on equity (ROE) among peers: 5.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KTI (0308) | RM184.12 Million | 12.27% | 3.59x | $5.35 Million |
| Vinvest Capital Holdings Bhd (0069) | $581.54 Million | 0.67% | 0.36x | $2.71 Million |
| Gagasan Nadi Cergas Berhad (0206) | $442.13 Million | -0.76% | 1.23x | $7.59 Million |
| Vestland Berhad (0273) | $46.45 Million | 22.90% | 2.63x | $15.49 Million |
| Global Oriental Bhd (1147) | $255.86 Million | 5.65% | 2.56x | $4.63 Million |
| GuocoLand (Malaysia) Bhd (1503) | $892.00 Million | 4.71% | 1.18x | $21.92 Million |
| Symphony Life Bhd (1538) | $916.62 Million | -0.87% | 0.32x | $11.92 Million |
| Iskandar Waterfront City Bhd (1589) | $812.33 Million | 5.62% | 1.19x | $27.36 Million |
| Paramount Corporation Bhd (1724) | $727.00 Million | 7.43% | 0.79x | $69.73 Million |
| Selangor Dredging Bhd (2224) | $849.02 Million | 2.88% | 0.71x | $9.77 Million |