AMMB Holdings Bhd (1015) - Net Assets

Latest as of December 2025: RM21.16 Billion MYR ≈ $5.31 Billion USD

Based on the latest financial reports, AMMB Holdings Bhd (1015) has net assets worth RM21.16 Billion MYR (≈ $5.31 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM202.20 Billion ≈ $50.77 Billion USD) and total liabilities (RM181.05 Billion ≈ $45.45 Billion 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. Check 1015 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM21.16 Billion
% of Total Assets	10.46%
Annual Growth Rate	7.51%
5-Year Change	32.27%
10-Year Change	27.93%
Growth Volatility	9.58

AMMB Holdings Bhd - Net Assets Trend (2005–2025)

This chart illustrates how AMMB Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore AMMB Holdings Bhd assets under control for the complete picture of this company's asset base.

Annual Net Assets for AMMB Holdings Bhd (2005–2025)

The table below shows the annual net assets of AMMB Holdings Bhd from 2005 to 2025. For live valuation and market cap data, see AMMB Holdings Bhd stock valuation.

Year	Net Assets	Change
2025-03-31	RM20.62 Billion ≈ $5.18 Billion	+6.07%
2024-03-31	RM19.44 Billion ≈ $4.88 Billion	+7.20%
2023-03-31	RM18.14 Billion ≈ $4.55 Billion	+0.99%
2022-03-31	RM17.96 Billion ≈ $4.51 Billion	+15.19%
2021-03-31	RM15.59 Billion ≈ $3.91 Billion	-20.29%
2020-03-31	RM19.56 Billion ≈ $4.91 Billion	+4.65%
2019-03-31	RM18.69 Billion ≈ $4.69 Billion	+5.83%
2018-03-31	RM17.66 Billion ≈ $4.43 Billion	+2.96%
2017-03-31	RM17.15 Billion ≈ $4.31 Billion	+6.41%
2016-03-31	RM16.12 Billion ≈ $4.05 Billion	+3.95%
2015-03-31	RM15.51 Billion ≈ $3.89 Billion	+10.03%
2014-03-31	RM14.09 Billion ≈ $3.54 Billion	+7.32%
2013-03-31	RM13.13 Billion ≈ $3.30 Billion	+14.06%
2012-03-31	RM11.51 Billion ≈ $2.89 Billion	+8.97%
2011-03-31	RM10.57 Billion ≈ $2.65 Billion	+7.35%
2010-03-31	RM9.84 Billion ≈ $2.47 Billion	+24.43%
2009-03-31	RM7.91 Billion ≈ $1.99 Billion	+9.07%
2008-03-31	RM7.25 Billion ≈ $1.82 Billion	+19.38%
2007-03-31	RM6.08 Billion ≈ $1.53 Billion	-1.00%
2006-03-31	RM6.14 Billion ≈ $1.54 Billion	+26.56%
2005-03-31	RM4.85 Billion ≈ $1.22 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to AMMB 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 1303485200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	RM13.03 Billion	63.21%
Common Stock	RM6.38 Billion	30.92%
Other Components	RM1.21 Billion	5.87%
Total Equity	RM20.62 Billion	100.00%

AMMB Holdings Bhd Competitors by Market Cap

The table below lists competitors of AMMB Holdings Bhd ranked by their market capitalization.

Company	Market Cap
Hanjaya Mandala Sampoerna Tbk PT JK:HMSP	$5.11 Billion
Vista Oil Gas ADR NYSE:VIST	$5.11 Billion
SM Energy Co NYSE:SM	$5.11 Billion
Wingtech Technology Co Ltd SHG:600745	$5.12 Billion
Sensata Technologies Holding NV NYSE:ST	$5.10 Billion
Comstock Resources Inc NYSE:CRK	$5.10 Billion
Enel Generación Chile S.A SN:ENELGXCH	$5.10 Billion
Boot Barn Holdings Inc NYSE:BOOT	$5.10 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in AMMB Holdings Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 19,440,805,000 to 20,620,810,000, a change of 1,180,005,000 (6.1%).
Net income of 2,001,185,000 contributed positively to equity growth.
Dividend payments of 889,386,000 reduced retained earnings.
Other comprehensive income decreased equity by 1,101,801,000.
Other factors increased equity by 1,170,007,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM2.00 Billion	+9.7%
Dividends Paid	RM889.39 Million	-4.31%
Other Comprehensive Income	RM-1.10 Billion	-5.34%
Other Changes	RM1.17 Billion	+5.67%
Total Change	RM-	6.07%

Book Value vs Market Value Analysis

This analysis compares AMMB 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: 0.99x
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 2.48x to 0.99x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	RM2.47	RM6.15	x
2006-03-31	RM2.26	RM6.15	x
2007-03-31	RM2.04	RM6.15	x
2008-03-31	RM2.99	RM6.15	x
2009-03-31	RM2.84	RM6.15	x
2010-03-31	RM3.20	RM6.15	x
2011-03-31	RM3.42	RM6.15	x
2012-03-31	RM3.73	RM6.15	x
2013-03-31	RM4.01	RM6.15	x
2014-03-31	RM4.37	RM6.15	x
2015-03-31	RM4.81	RM6.15	x
2016-03-31	RM5.04	RM6.15	x
2017-03-31	RM5.33	RM6.15	x
2018-03-31	RM5.49	RM6.15	x
2019-03-31	RM5.88	RM6.15	x
2020-03-31	RM6.19	RM6.15	x
2021-03-31	RM4.87	RM6.15	x
2022-03-31	RM5.08	RM6.15	x
2023-03-31	RM5.48	RM6.15	x
2024-03-31	RM5.88	RM6.15	x
2025-03-31	RM6.24	RM6.15	x

Capital Efficiency Dashboard

This dashboard shows how efficiently AMMB 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): 9.70%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 23.26%
• Asset Turnover: 0.04x
• Equity Multiplier: 9.65x
Recent ROE (9.70%) is above the historical average (7.86%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	5.98%	6.95%	0.07x	12.90x	RM-193.39 Million
2006	10.21%	11.41%	0.06x	14.37x	RM10.51 Million
2007	-2.64%	-2.57%	0.06x	16.13x	RM-616.40 Million
2008	11.31%	14.73%	0.07x	11.60x	RM93.86 Million
2009	11.35%	17.76%	0.06x	11.62x	RM104.64 Million
2010	10.82%	19.64%	0.06x	10.01x	RM78.84 Million
2011	13.49%	23.70%	0.05x	10.50x	RM360.26 Million
2012	13.30%	21.63%	0.06x	10.02x	RM368.35 Million
2013	13.47%	22.17%	0.06x	10.55x	RM417.41 Million
2014	13.56%	22.39%	0.06x	10.07x	RM468.09 Million
2015	13.27%	25.55%	0.06x	9.26x	RM473.12 Million
2016	8.58%	18.44%	0.05x	8.82x	RM-214.64 Million
2017	8.26%	18.75%	0.05x	8.41x	RM-278.10 Million
2018	6.85%	15.25%	0.05x	8.35x	RM-519.43 Million
2019	8.51%	19.18%	0.05x	8.98x	RM-263.81 Million
2020	7.22%	16.69%	0.05x	9.11x	RM-517.36 Million
2021	-26.14%	-53.50%	0.04x	11.62x	RM-5.29 Billion
2022	8.97%	27.05%	0.03x	10.43x	RM-173.30 Million
2023	9.42%	23.69%	0.04x	10.89x	RM-104.67 Million
2024	9.61%	22.04%	0.04x	10.12x	RM-75.98 Million
2025	9.70%	23.26%	0.04x	9.65x	RM-60.90 Million

Industry Comparison

This section compares AMMB Holdings Bhd's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $27,307,762,111
Average return on equity (ROE) among peers: 8.12%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
AMMB Holdings Bhd (1015)	RM21.16 Billion	5.98%	8.56x	$5.11 Billion
CIMB Group Holdings Bhd (1023)	$11.11 Billion	9.27%	9.22x	$20.76 Billion
RHB Bank Bhd (1066)	$6.05 Billion	9.85%	16.07x	$8.91 Billion
Hong Leong Financial Group Bhd (1082)	$35.99 Billion	6.81%	6.97x	$5.36 Billion
Malayan Banking Bhd (1155)	$63.51 Billion	10.76%	10.15x	$33.61 Billion
Malaysia Building Society Bhd (1171)	$479.14 Million	11.13%	13.03x	$1.41 Billion
Public Bank Bhd (1295)	$44.75 Billion	12.32%	8.67x	$22.81 Billion
Alliance Financial Group Bhd (2488)	$64.63 Billion	1.05%	0.03x	$2.02 Billion
AFFIN Holdings Bhd (5185)	$11.60 Billion	4.39%	8.64x	$1.60 Billion
Bank Islam Malaysia Bhd (5258)	$7.66 Billion	7.46%	11.64x	$1.33 Billion

About AMMB Holdings Bhd

KLSE:1015 Malaysia Banks - Regional

Market Cap

$5.11 Billion

RM20.34 Billion MYR

Market Cap Rank

#3529 Global

#27 in Malaysia

Share Price

RM6.15

Change (1 day)

-1.76%

52-Week Range

RM4.99 - RM6.83

All Time High

RM6.83