Manulife Holdings Bhd (1058) - Net Assets
Based on the latest financial reports, Manulife Holdings Bhd (1058) has net assets worth RM1.49 Billion MYR (≈ $373.62 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM8.08 Billion ≈ $2.03 Billion USD) and total liabilities (RM6.59 Billion ≈ $1.66 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 Manulife Holdings Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM1.49 Billion |
| % of Total Assets | 18.41% |
| Annual Growth Rate | 5.53% |
| 5-Year Change | 56.06% |
| 10-Year Change | 86.3% |
| Growth Volatility | 6.09 |
Manulife Holdings Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Manulife Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Manulife Holdings Bhd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Manulife Holdings Bhd (2012–2025)
The table below shows the annual net assets of Manulife Holdings Bhd from 2012 to 2025. For live valuation and market cap data, see 1058 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM1.49 Billion ≈ $373.62 Million |
+7.82% |
| 2024-12-31 | RM1.38 Billion ≈ $346.53 Million |
+8.65% |
| 2023-12-31 | RM1.27 Billion ≈ $318.94 Million |
+7.11% |
| 2022-12-31 | RM1.19 Billion ≈ $297.75 Million |
+24.37% |
| 2021-12-31 | RM953.57 Million ≈ $239.41 Million |
+5.10% |
| 2020-12-31 | RM907.28 Million ≈ $227.79 Million |
+8.35% |
| 2019-12-31 | RM837.37 Million ≈ $210.24 Million |
+2.15% |
| 2018-12-31 | RM819.78 Million ≈ $205.82 Million |
+0.69% |
| 2017-12-31 | RM814.13 Million ≈ $204.40 Million |
+1.92% |
| 2016-12-31 | RM798.75 Million ≈ $200.54 Million |
+2.80% |
| 2015-12-31 | RM777.00 Million ≈ $195.08 Million |
+1.97% |
| 2014-12-31 | RM762.00 Million ≈ $191.31 Million |
+0.66% |
| 2013-12-31 | RM757.00 Million ≈ $190.06 Million |
+2.44% |
| 2012-12-31 | RM739.00 Million ≈ $185.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Manulife 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 97.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.30 Billion | 87.69% |
| Other Components | RM183.23 Million | 12.31% |
| Total Equity | RM1.49 Billion | 100.00% |
Manulife Holdings Bhd Competitors by Market Cap
The table below lists competitors of Manulife Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GoldMoney Inc
TO:XAU
|
$136.09 Million |
|
Airsculpt Technologies Inc
NASDAQ:AIRS
|
$136.11 Million |
|
Seven West Media Ltd
AU:SWM
|
$136.13 Million |
|
Lee Ku Ind
KO:025820
|
$136.20 Million |
|
Bioversys AG
SW:BIOV
|
$136.03 Million |
|
Genesis Land Development Corp.
TO:GDC
|
$136.01 Million |
|
Affinity Bancshares Inc
NASDAQ:AFBI
|
$135.98 Million |
|
Ikegps Group Ltd
AU:IKE
|
$135.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manulife Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,380,244,000 to 1,488,111,000, a change of 107,867,000 (7.8%).
- Net income of 111,949,000 contributed positively to equity growth.
- Dividend payments of 4,853,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM111.95 Million | +7.52% |
| Dividends Paid | RM4.85 Million | -0.33% |
| Other Changes | RM771.00K | +0.05% |
| Total Change | RM- | 7.82% |
Book Value vs Market Value Analysis
This analysis compares Manulife 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: 0.36x
- 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 0.59x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM3.95 | RM2.34 | x |
| 2017-12-31 | RM4.02 | RM2.34 | x |
| 2018-12-31 | RM4.05 | RM2.34 | x |
| 2019-12-31 | RM4.14 | RM2.34 | x |
| 2020-12-31 | RM4.38 | RM2.34 | x |
| 2021-12-31 | RM4.51 | RM2.34 | x |
| 2022-12-31 | RM5.48 | RM2.34 | x |
| 2023-12-31 | RM5.79 | RM2.34 | x |
| 2024-12-31 | RM6.14 | RM2.34 | x |
| 2025-12-31 | RM6.42 | RM2.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manulife 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): 7.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.52%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 5.43x
- Recent ROE (7.52%) is above the historical average (5.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 4.64% | 3.67% | 0.20x | 6.27x | RM-41.67 Million |
| 2016 | 5.81% | 5.43% | 0.17x | 6.40x | RM-33.43 Million |
| 2017 | 3.44% | 2.39% | 0.21x | 6.92x | RM-53.39 Million |
| 2018 | 3.20% | 3.10% | 0.15x | 6.75x | RM-55.73 Million |
| 2019 | 3.12% | 2.22% | 0.20x | 7.11x | RM-57.60 Million |
| 2020 | 4.28% | 3.08% | 0.19x | 7.17x | RM-51.92 Million |
| 2021 | 9.12% | 6.65% | 0.20x | 6.97x | RM-8.40 Million |
| 2022 | 1.59% | 1.80% | 0.16x | 5.54x | RM-99.68 Million |
| 2023 | 6.13% | 17.08% | 0.06x | 5.59x | RM-49.16 Million |
| 2024 | 9.52% | 18.22% | 0.09x | 5.62x | RM-6.66 Million |
| 2025 | 7.52% | 12.52% | 0.11x | 5.43x | RM-36.86 Million |
Industry Comparison
This section compares Manulife Holdings Bhd's net assets metrics with peer companies in the Insurance - Life industry.
No peer company data available for comparison.
About Manulife Holdings Bhd
Manulife Holdings Berhad, an investment holding company, underwrites participating and non-participating life insurance and unit-linked products in Malaysia. The company operates through Investment Holding, Life Insurance, and Asset Management Services segments. It offers various insurance products and services, such as life, health, savings and retirement, and investment linked plan; life insura… Read more