Malaysia Building Society Bhd
MBSB Berhad, an investment holding company, provides banking services in Malaysia. The company operates through five segments: Consumer Banking, Corporate Banking, Global Markets, Investment, and Others. The Consumer Banking segment offers consumer financing, such as property financing, personal financing, and wealth management services. The Corporate Banking segment provides corporate financing,… Read more
Malaysia Building Society Bhd (1171) - Net Assets
Latest net assets as of September 2025: RM9.90 Billion MYR
Based on the latest financial reports, Malaysia Building Society Bhd (1171) has net assets worth RM9.90 Billion MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM64.39 Billion) and total liabilities (RM54.49 Billion). 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 | RM9.90 Billion |
| % of Total Assets | 15.37% |
| Annual Growth Rate | 19.27% |
| 5-Year Change | 10.1% |
| 10-Year Change | 101.13% |
| Growth Volatility | 111.29 |
Malaysia Building Society Bhd - Net Assets Trend (2006–2024)
This chart illustrates how Malaysia Building Society Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Malaysia Building Society Bhd (2006–2024)
The table below shows the annual net assets of Malaysia Building Society Bhd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM9.78 Billion | -0.61% |
| 2023-12-31 | RM9.84 Billion | -81.26% |
| 2022-12-31 | RM52.49 Billion | +8.73% |
| 2021-12-31 | RM48.28 Billion | +443.57% |
| 2020-12-31 | RM8.88 Billion | +3.43% |
| 2019-12-31 | RM8.59 Billion | +10.29% |
| 2018-12-31 | RM7.79 Billion | +9.27% |
| 2017-12-31 | RM7.12 Billion | +5.96% |
| 2016-12-31 | RM6.72 Billion | +38.31% |
| 2015-12-31 | RM4.86 Billion | +3.83% |
| 2014-12-31 | RM4.68 Billion | +114.18% |
| 2013-12-31 | RM2.19 Billion | +46.07% |
| 2012-12-31 | RM1.50 Billion | +32.43% |
| 2011-12-31 | RM1.13 Billion | +196.53% |
| 2010-12-31 | RM381.12 Million | -31.03% |
| 2009-12-31 | RM552.56 Million | +8.11% |
| 2008-12-31 | RM511.12 Million | +6.67% |
| 2007-12-31 | RM479.14 Million | +16.84% |
| 2006-12-31 | RM410.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Malaysia Building Society 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 161880400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.62 Billion | 16.56% |
| Common Stock | RM7.97 Billion | 81.52% |
| Other Comprehensive Income | RM188.62 Million | 1.93% |
| Total Equity | RM9.78 Billion | 100.00% |
Malaysia Building Society Bhd Competitors by Market Cap
The table below lists competitors of Malaysia Building Society Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Transfar Co Ltd
SHE:002010
|
$512.22 Million |
|
HK Inno.N Corp.
KQ:195940
|
$512.24 Million |
|
Science Environmental Protection Co. Ltd. A
SHG:688480
|
$512.27 Million |
|
Suzhou Keda Technology Co Ltd
SHG:603660
|
$512.28 Million |
|
KMRIF
PINK:KMRIF
|
$512.11 Million |
|
Chutian Dragon Co Ltd
SHE:003040
|
$512.00 Million |
|
Titan America SA
NYSE:TTAM
|
$511.97 Million |
|
Beijing Trust Far Tech
SHE:300231
|
$511.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Malaysia Building Society Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,838,028,000 to 9,777,846,000, a change of -60,182,000 (-0.6%).
- Net income of 406,780,000 contributed positively to equity growth.
- Dividend payments of 287,781,000 reduced retained earnings.
- Other comprehensive income increased equity by 197,879,000.
- Other factors decreased equity by 377,060,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM406.78 Million | +4.16% |
| Dividends Paid | RM287.78 Million | -2.94% |
| Other Comprehensive Income | RM197.88 Million | +2.02% |
| Other Changes | RM-377.06 Million | -3.86% |
| Total Change | RM- | -0.61% |
Book Value vs Market Value Analysis
This analysis compares Malaysia Building Society 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: 0.56x
- 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 0.88x to 0.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | RM0.76 | RM0.67 | x |
| 2007-12-31 | RM0.87 | RM0.67 | x |
| 2008-12-31 | RM0.66 | RM0.67 | x |
| 2009-12-31 | RM0.50 | RM0.67 | x |
| 2010-12-31 | RM0.34 | RM0.67 | x |
| 2011-12-31 | RM0.79 | RM0.67 | x |
| 2012-12-31 | RM0.84 | RM0.67 | x |
| 2013-12-31 | RM1.30 | RM0.67 | x |
| 2014-12-31 | RM1.74 | RM0.67 | x |
| 2015-12-31 | RM1.68 | RM0.67 | x |
| 2016-12-31 | RM1.64 | RM0.67 | x |
| 2017-12-31 | RM1.21 | RM0.67 | x |
| 2018-12-31 | RM1.25 | RM0.67 | x |
| 2019-12-31 | RM1.31 | RM0.67 | x |
| 2020-12-31 | RM1.30 | RM0.67 | x |
| 2021-12-31 | RM1.23 | RM0.67 | x |
| 2022-12-31 | RM1.25 | RM0.67 | x |
| 2023-12-31 | RM1.32 | RM0.67 | x |
| 2024-12-31 | RM1.19 | RM0.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Malaysia Building Society 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): 4.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.76%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 6.57x
- Recent ROE (4.16%) is below the historical average (12.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 9.80% | 14.24% | 0.05x | 14.56x | RM-825.70K |
| 2007 | 11.13% | 16.41% | 0.05x | 14.03x | RM5.40 Million |
| 2008 | 6.37% | 8.92% | 0.05x | 14.31x | RM-18.54 Million |
| 2009 | 10.35% | 12.55% | 0.05x | 16.84x | RM1.95 Million |
| 2010 | 38.31% | 25.00% | 0.05x | 32.08x | RM107.91 Million |
| 2011 | 28.80% | 35.38% | 0.05x | 15.37x | RM212.42 Million |
| 2012 | 29.84% | 33.16% | 0.05x | 17.62x | RM296.99 Million |
| 2013 | 27.33% | 32.00% | 0.05x | 16.12x | RM378.95 Million |
| 2014 | 21.68% | 62.01% | 0.04x | 8.04x | RM546.79 Million |
| 2015 | 5.30% | 15.74% | 0.04x | 8.45x | RM-228.56 Million |
| 2016 | 3.00% | 12.12% | 0.04x | 6.43x | RM-470.99 Million |
| 2017 | 5.85% | 25.99% | 0.04x | 6.29x | RM-295.36 Million |
| 2018 | 8.25% | 46.88% | 0.03x | 5.83x | RM-136.16 Million |
| 2019 | 8.35% | 51.69% | 0.03x | 5.91x | RM-141.79 Million |
| 2020 | 3.03% | 15.15% | 0.04x | 5.45x | RM-618.80 Million |
| 2021 | 5.05% | 27.05% | 0.03x | 5.84x | RM-429.23 Million |
| 2022 | 5.14% | 30.27% | 0.03x | 6.13x | RM-435.73 Million |
| 2023 | 5.00% | 46.67% | 0.02x | 6.78x | RM-491.99 Million |
| 2024 | 4.16% | 23.76% | 0.03x | 6.57x | RM-571.00 Million |
Industry Comparison
This section compares Malaysia Building Society Bhd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $20,198,375,571
- Average return on equity (ROE) among peers: 10.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Malaysia Building Society Bhd (1171) | RM9.90 Billion | 9.80% | 5.51x | $512.21 Million |
| CIMB Group Holdings Bhd (1023) | $63.78 Billion | 8.53% | 9.45x | $13.96 Billion |
| RHB Bank Bhd (1066) | $32.53 Billion | 9.59% | 9.76x | $4.94 Billion |
| Public Bank Bhd (1295) | $21.20 Billion | 19.18% | 13.42x | $15.62 Billion |
| Alliance Financial Group Bhd (2488) | $6.26 Billion | 5.73% | 8.70x | $1.01 Billion |
| AFFIN Holdings Bhd (5185) | $8.68 Billion | 6.50% | 6.93x | $645.90 Million |
| Bank Islam Malaysia Bhd (5258) | $4.53 Billion | 13.67% | 13.51x | $594.30 Million |
| Hong Leong Bank Bhd (5819) | $4.40 Billion | 11.66% | 12.11x | $3.28 Billion |