Symphony Life Bhd
Symphony Life Berhad, an investment holding company, engages in the development and investment of properties in Malaysia. It operates through Property Development, Property Investment, and Construction segments. The company offers property management and maintenance; property rental and marketing consultancy; and share trading, project management, and marketing services. In addition, it undertake… Read more
Symphony Life Bhd (1538) - Net Assets
Latest net assets as of September 2025: RM950.00 Million MYR
Based on the latest financial reports, Symphony Life Bhd (1538) has net assets worth RM950.00 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 (RM1.14 Billion) and total liabilities (RM188.59 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 | RM950.00 Million |
| % of Total Assets | 83.44% |
| Annual Growth Rate | 5.29% |
| 5-Year Change | 1.87% |
| 10-Year Change | 62.7% |
| Growth Volatility | 7.64 |
Symphony Life Bhd - Net Assets Trend (2013–2025)
This chart illustrates how Symphony Life 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 Symphony Life Bhd (2013–2025)
The table below shows the annual net assets of Symphony Life Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM950.00 Million | +3.64% |
| 2024-03-31 | RM916.62 Million | -1.47% |
| 2023-03-31 | RM930.27 Million | -7.12% |
| 2022-03-31 | RM1.00 Billion | +7.41% |
| 2021-03-31 | RM932.53 Million | +5.84% |
| 2020-03-31 | RM881.09 Million | +7.42% |
| 2019-03-31 | RM820.22 Million | +25.50% |
| 2018-03-31 | RM653.56 Million | +7.22% |
| 2017-03-31 | RM609.57 Million | +4.40% |
| 2016-03-31 | RM583.91 Million | -2.03% |
| 2015-03-31 | RM596.00 Million | +5.67% |
| 2014-03-31 | RM564.00 Million | +10.16% |
| 2013-03-31 | RM512.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Symphony Life 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 49.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM491.22 Million | 51.71% |
| Common Stock | RM480.93 Million | 50.62% |
| Total Equity | RM950.00 Million | 100.00% |
Symphony Life Bhd Competitors by Market Cap
The table below lists competitors of Symphony Life Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viskase Companies Inc
PINK:VKSC
|
$11.92 Million |
|
FiEE, Inc.
NASDAQ:FIEE
|
$11.92 Million |
|
K Seng Seng Corporation Bhd
KLSE:5192
|
$11.92 Million |
|
Flekkefjord Sparebank
OL:FFSB
|
$11.92 Million |
|
SSF Home Group Berhad
KLSE:0287
|
$11.92 Million |
|
Noble Mineral Exploration Inc
OTCQB:NLPXF
|
$11.92 Million |
|
Donear Industries Limited
NSE:DONEAR
|
$11.91 Million |
|
Banimmo SA
BR:BANI
|
$11.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Symphony Life Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 938,354,000 to 950,000,000, a change of 11,646,000 (1.2%).
- Net income of 8,566,000 contributed positively to equity growth.
- Share repurchases of 3,080,000 reduced equity.
- New share issuances of 3,080,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM8.57 Million | +0.9% |
| Share Repurchases | RM3.08 Million | -0.32% |
| Share Issuances | RM3.08 Million | +0.32% |
| Other Changes | RM3.08 Million | +0.32% |
| Total Change | RM- | 1.24% |
Book Value vs Market Value Analysis
This analysis compares Symphony Life 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: 0.13x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM1.83 | RM0.17 | x |
| 2018-03-31 | RM1.96 | RM0.17 | x |
| 2019-03-31 | RM1.39 | RM0.17 | x |
| 2020-03-31 | RM1.47 | RM0.17 | x |
| 2021-03-31 | RM1.48 | RM0.17 | x |
| 2022-03-31 | RM1.40 | RM0.17 | x |
| 2023-03-31 | RM1.30 | RM0.17 | x |
| 2024-03-31 | RM1.43 | RM0.17 | x |
| 2025-03-31 | RM1.29 | RM0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Symphony Life 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): 0.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.18%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.20x
- Recent ROE (0.90%) is below the historical average (3.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.26% | 9.14% | 0.13x | 1.94x | RM-45.20 Million |
| 2017 | 5.22% | 13.68% | 0.20x | 1.96x | RM-29.14 Million |
| 2018 | 5.31% | 27.71% | 0.09x | 2.04x | RM-30.67 Million |
| 2019 | 9.53% | 39.32% | 0.14x | 1.79x | RM-3.82 Million |
| 2020 | 7.09% | 28.39% | 0.15x | 1.66x | RM-25.65 Million |
| 2021 | 6.66% | 23.78% | 0.17x | 1.61x | RM-31.16 Million |
| 2022 | 3.75% | 12.63% | 0.22x | 1.35x | RM-62.58 Million |
| 2023 | -7.65% | -55.19% | 0.11x | 1.28x | RM-164.20 Million |
| 2024 | -0.85% | -11.32% | 0.06x | 1.29x | RM-101.81 Million |
| 2025 | 0.90% | 19.18% | 0.04x | 1.20x | RM-86.43 Million |
Industry Comparison
This section compares Symphony Life Bhd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $525,958,795
- Average return on equity (ROE) among peers: 6.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Symphony Life Bhd (1538) | RM950.00 Million | 2.26% | 0.20x | $11.92 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 |
| KTI (0308) | $127.30 Million | 12.27% | 0.83x | $5.35 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 |
| 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 |