RHB Bank Bhd (1066) - Net Assets
Based on the latest financial reports, RHB Bank Bhd (1066) has net assets worth RM33.68 Billion MYR (≈ $8.46 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM358.24 Billion ≈ $89.94 Billion USD) and total liabilities (RM324.56 Billion ≈ $81.49 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 RHB Bank Bhd (1066) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM33.68 Billion |
| % of Total Assets | 9.4% |
| Annual Growth Rate | 9.8% |
| 5-Year Change | 20.23% |
| 10-Year Change | 40.77% |
| Growth Volatility | 8.09 |
RHB Bank Bhd - Net Assets Trend (2005–2024)
This chart illustrates how RHB Bank Bhd's net assets have evolved over time, based on quarterly financial data. Also explore RHB Bank Bhd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for RHB Bank Bhd (2005–2024)
The table below shows the annual net assets of RHB Bank Bhd from 2005 to 2024. For live valuation and market cap data, see market value of RHB Bank Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM32.53 Billion ≈ $8.17 Billion |
+5.24% |
| 2023-12-31 | RM30.91 Billion ≈ $7.76 Billion |
+7.53% |
| 2022-12-31 | RM28.75 Billion ≈ $7.22 Billion |
+2.55% |
| 2021-12-31 | RM28.03 Billion ≈ $7.04 Billion |
+3.60% |
| 2020-12-31 | RM27.06 Billion ≈ $6.79 Billion |
+4.83% |
| 2019-12-31 | RM25.81 Billion ≈ $6.48 Billion |
+10.32% |
| 2018-12-31 | RM23.40 Billion ≈ $5.87 Billion |
+0.91% |
| 2017-12-31 | RM23.18 Billion ≈ $5.82 Billion |
+6.48% |
| 2016-12-31 | RM21.77 Billion ≈ $5.47 Billion |
-5.78% |
| 2015-12-31 | RM23.11 Billion ≈ $5.80 Billion |
+22.31% |
| 2014-12-31 | RM18.89 Billion ≈ $4.74 Billion |
+11.52% |
| 2013-12-31 | RM16.94 Billion ≈ $4.25 Billion |
+10.44% |
| 2012-12-31 | RM15.34 Billion ≈ $3.85 Billion |
+31.93% |
| 2011-12-31 | RM11.63 Billion ≈ $2.92 Billion |
+16.70% |
| 2010-12-31 | RM9.96 Billion ≈ $2.50 Billion |
+14.00% |
| 2009-12-31 | RM8.74 Billion ≈ $2.19 Billion |
+11.47% |
| 2008-12-31 | RM7.84 Billion ≈ $1.97 Billion |
+10.84% |
| 2007-12-31 | RM7.07 Billion ≈ $1.78 Billion |
+16.89% |
| 2006-12-31 | RM6.05 Billion ≈ $1.52 Billion |
+9.90% |
| 2005-12-31 | RM5.51 Billion ≈ $1.38 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to RHB Bank 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 2111639600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM21.12 Billion | 64.99% |
| Common Stock | RM8.69 Billion | 26.74% |
| Other Components | RM2.69 Billion | 8.27% |
| Total Equity | RM32.49 Billion | 100.00% |
RHB Bank Bhd Competitors by Market Cap
The table below lists competitors of RHB Bank Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Praxis Precision Medicines Inc
NASDAQ:PRAX
|
$8.92 Billion |
|
ORKLA ADR/1 NK 625
F:OKL0
|
$8.92 Billion |
|
Joby Aviation
NYSE:JOBY
|
$8.92 Billion |
|
Interpublic Group of Companies Inc
NYSE:IPG
|
$8.93 Billion |
|
SouthState Corporation
NASDAQ:SSB
|
$8.91 Billion |
|
HudBay Minerals Inc
TO:HBM
|
$8.90 Billion |
|
Procore Technologies Inc
NYSE:PCOR
|
$8.90 Billion |
|
ENN ENERGY HLD.UNS.ADR/25
F:XGH0
|
$8.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RHB Bank Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,874,567,000 to 32,492,219,000, a change of 1,617,652,000 (5.2%).
- Net income of 3,120,211,000 contributed positively to equity growth.
- Dividend payments of 1,368,579,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,888,929,000.
- Other factors increased equity by 2,754,949,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM3.12 Billion | +9.6% |
| Dividends Paid | RM1.37 Billion | -4.21% |
| Other Comprehensive Income | RM-2.89 Billion | -8.89% |
| Other Changes | RM2.75 Billion | +8.48% |
| Total Change | RM- | 5.24% |
Book Value vs Market Value Analysis
This analysis compares RHB Bank 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: 1.09x
- 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 3.53x to 1.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | RM2.30 | RM8.14 | x |
| 2006-12-31 | RM2.53 | RM8.14 | x |
| 2007-12-31 | RM3.31 | RM8.14 | x |
| 2008-12-31 | RM3.39 | RM8.14 | x |
| 2009-12-31 | RM3.78 | RM8.14 | x |
| 2010-12-31 | RM4.32 | RM8.14 | x |
| 2011-12-31 | RM4.99 | RM8.14 | x |
| 2012-12-31 | RM6.26 | RM8.14 | x |
| 2013-12-31 | RM6.23 | RM8.14 | x |
| 2014-12-31 | RM6.87 | RM8.14 | x |
| 2015-12-31 | RM3.36 | RM8.14 | x |
| 2016-12-31 | RM5.64 | RM8.14 | x |
| 2017-12-31 | RM5.77 | RM8.14 | x |
| 2018-12-31 | RM5.82 | RM8.14 | x |
| 2019-12-31 | RM6.43 | RM8.14 | x |
| 2020-12-31 | RM6.74 | RM8.14 | x |
| 2021-12-31 | RM6.91 | RM8.14 | x |
| 2022-12-31 | RM6.86 | RM8.14 | x |
| 2023-12-31 | RM7.21 | RM8.14 | x |
| 2024-12-31 | RM7.48 | RM8.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RHB Bank 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): 9.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.12%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.77x
- Recent ROE (9.60%) is below the historical average (10.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.63% | 9.68% | 0.05x | 20.01x | RM-16.61 Million |
| 2006 | 12.09% | 10.82% | 0.05x | 20.96x | RM103.09 Million |
| 2007 | 11.66% | 13.49% | 0.06x | 14.92x | RM117.23 Million |
| 2008 | 13.43% | 17.52% | 0.06x | 13.38x | RM268.31 Million |
| 2009 | 13.88% | 24.85% | 0.04x | 13.22x | RM337.83 Million |
| 2010 | 14.35% | 23.23% | 0.05x | 12.97x | RM433.27 Million |
| 2011 | 14.53% | 23.91% | 0.05x | 13.11x | RM526.37 Million |
| 2012 | 11.81% | 22.27% | 0.04x | 12.51x | RM273.02 Million |
| 2013 | 10.94% | 19.20% | 0.05x | 11.42x | RM157.28 Million |
| 2014 | 10.84% | 19.41% | 0.05x | 11.67x | RM158.57 Million |
| 2015 | 7.21% | 15.39% | 0.05x | 9.99x | RM-643.51 Million |
| 2016 | 7.73% | 16.32% | 0.04x | 10.88x | RM-492.85 Million |
| 2017 | 8.42% | 18.87% | 0.04x | 9.94x | RM-364.83 Million |
| 2018 | 9.87% | 20.63% | 0.05x | 10.41x | RM-30.60 Million |
| 2019 | 9.63% | 21.49% | 0.04x | 9.99x | RM-95.11 Million |
| 2020 | 7.52% | 18.98% | 0.04x | 10.03x | RM-669.85 Million |
| 2021 | 9.35% | 25.91% | 0.03x | 10.34x | RM-181.44 Million |
| 2022 | 9.33% | 23.92% | 0.04x | 10.82x | RM-193.12 Million |
| 2023 | 9.09% | 20.43% | 0.04x | 10.65x | RM-281.23 Million |
| 2024 | 9.60% | 21.12% | 0.04x | 10.77x | RM-129.01 Million |
Industry Comparison
This section compares RHB Bank Bhd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $28,926,650,667
- Average return on equity (ROE) among peers: 8.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RHB Bank Bhd (1066) | RM33.68 Billion | 9.63% | 9.64x | $8.91 Billion |
| AMMB Holdings Bhd (1015) | $20.62 Billion | 9.70% | 8.65x | $5.11 Billion |
| CIMB Group Holdings Bhd (1023) | $11.11 Billion | 9.27% | 9.22x | $20.76 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 RHB Bank Bhd
RHB Bank Berhad provides commercial banking and finance related products and services in Malaysia and internationally. Its Group Community Banking segment offers mortgages, non-residential mortgages, hire purchase, purchase of securities, credit cards, other personal loans, financing, remittances, deposits collection, investment related, and bancassurance/bancatakaful products to individual custo… Read more