DRB - Hicom Bhd (1619) - Net Assets

Latest as of December 2025: RM9.92 Billion MYR ≈ $2.49 Billion USD

Based on the latest financial reports, DRB - Hicom Bhd (1619) has net assets worth RM9.92 Billion MYR (≈ $2.49 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 (RM65.77 Billion ≈ $16.51 Billion USD) and total liabilities (RM55.85 Billion ≈ $14.02 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 DRB - Hicom Bhd tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM9.92 Billion
% of Total Assets	15.08%
Annual Growth Rate	1.36%
5-Year Change	9.02%
10-Year Change	18.76%
Growth Volatility	5.35

DRB - Hicom Bhd - Net Assets Trend (2013–2026)

This chart illustrates how DRB - Hicom Bhd's net assets have evolved over time, based on quarterly financial data. See DRB - Hicom Bhd (1619) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for DRB - Hicom Bhd (2013–2026)

The table below shows the annual net assets of DRB - Hicom Bhd from 2013 to 2026. For live valuation and market cap data, see DRB - Hicom Bhd stock valuation.

Year	Net Assets	Change
2026-03-31	RM9.92 Billion ≈ $2.49 Billion	-3.58%
2025-03-31	RM10.29 Billion ≈ $2.58 Billion	-3.11%
2024-03-31	RM10.62 Billion ≈ $2.67 Billion	+9.59%
2023-03-31	RM9.69 Billion ≈ $2.43 Billion	+6.49%
2022-03-31	RM9.10 Billion ≈ $2.28 Billion	+6.52%
2021-03-31	RM8.54 Billion ≈ $2.14 Billion	+3.04%
2020-03-31	RM8.29 Billion ≈ $2.08 Billion	-1.69%
2019-03-31	RM8.43 Billion ≈ $2.12 Billion	+1.28%
2018-03-31	RM8.32 Billion ≈ $2.09 Billion	-0.33%
2017-03-31	RM8.35 Billion ≈ $2.10 Billion	-1.78%
2016-03-31	RM8.50 Billion ≈ $2.13 Billion	-9.08%
2015-03-31	RM9.35 Billion ≈ $2.35 Billion	+9.87%
2014-03-31	RM8.51 Billion ≈ $2.14 Billion	+2.28%
2013-03-31	RM8.32 Billion ≈ $2.09 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to DRB - Hicom 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 64.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	RM5.71 Billion	67.35%
Common Stock	RM1.74 Billion	20.53%
Other Comprehensive Income	RM47.72 Million	0.56%
Other Components	RM979.20 Million	11.55%
Total Equity	RM8.48 Billion	100.00%

DRB - Hicom Bhd Competitors by Market Cap

The table below lists competitors of DRB - Hicom Bhd ranked by their market capitalization.

Company	Market Cap
Viyash Scientific Limited NSE:SEQUENT	$529.07 Million
Ningbo Zhongbai Co Ltd SHG:600857	$529.14 Million
LG Balakrishnan & Bros Limited NSE:LGBBROSLTD	$529.15 Million
Ningbo Daye Garden Machinery Co Ltd SHE:300879	$529.26 Million
Kambi Group PLC Series B LSE:0EAW	$529.02 Million
Pagerduty Inc NYSE:PD	$528.88 Million
Sichuan Expressway Company Limited F:EXF1	$528.60 Million
GEM Services Inc TW:6525	$528.54 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2025 to 2026, total equity changed from 8,977,160,000 to 8,476,506,000, a change of -500,654,000 (-5.6%).
Net income of 435,098,000 contributed positively to equity growth.
Dividend payments of 107,583,000 reduced retained earnings.
Other comprehensive income decreased equity by 2,359,096,000.
Other factors increased equity by 1,530,927,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	RM435.10 Million	+5.13%
Dividends Paid	RM107.58 Million	-1.27%
Other Comprehensive Income	RM-2.36 Billion	-27.83%
Other Changes	RM1.53 Billion	+18.06%
Total Change	RM-	-5.58%

Book Value vs Market Value Analysis

This analysis compares DRB - Hicom 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: 0.25x
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	RM4.32	RM1.09	x
2018-03-31	RM4.31	RM1.09	x
2019-03-31	RM4.36	RM1.09	x
2020-03-31	RM4.29	RM1.09	x
2021-03-31	RM4.42	RM1.09	x
2022-03-31	RM4.07	RM1.09	x
2023-03-31	RM4.34	RM1.09	x
2024-03-31	RM4.75	RM1.09	x
2025-03-31	RM4.64	RM1.09	x
2026-03-31	RM4.38	RM1.09	x

Capital Efficiency Dashboard

This dashboard shows how efficiently DRB - Hicom 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): 5.13%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.51%
• Asset Turnover: 0.26x
• Equity Multiplier: 7.76x
Recent ROE (5.13%) is above the historical average (0.31%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	-12.05%	-7.52%	0.29x	5.54x	RM-1.67 Billion
2017	-4.03%	-2.79%	0.28x	5.23x	RM-1.17 Billion
2018	6.12%	4.16%	0.29x	5.13x	RM-322.63 Million
2019	2.40%	1.74%	0.27x	5.06x	RM-640.83 Million
2020	-3.49%	-2.17%	0.32x	5.03x	RM-1.12 Billion
2021	6.87%	4.46%	0.29x	5.34x	RM-267.70 Million
2022	-3.47%	-2.20%	0.26x	5.99x	RM-1.06 Billion
2023	2.34%	1.26%	0.30x	6.14x	RM-642.90 Million
2024	2.91%	1.69%	0.27x	6.38x	RM-650.39 Million
2025	0.67%	0.37%	0.26x	6.94x	RM-837.93 Million
2026	5.13%	2.51%	0.26x	7.76x	RM-412.55 Million

Industry Comparison

This section compares DRB - Hicom Bhd's net assets metrics with peer companies in the Auto Manufacturers industry.

Industry Context

Industry: Auto Manufacturers
Average net assets among peers: $3,793,302,070
Average return on equity (ROE) among peers: 2.04%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
DRB - Hicom Bhd (1619)	RM9.92 Billion	-12.05%	5.63x	$529.06 Million
Hong Leong Industries Bhd (3301)	$1.27 Billion	8.11%	0.45x	$1.48 Billion
Sime Darby Bhd (4197)	$14.76 Billion	4.64%	0.69x	$3.71 Billion
Tan Chong Motor Holdings Bhd (4405)	$2.74 Billion	-4.70%	0.87x	$80.98 Million
CME Group Bhd (7018)	$47.24 Million	-5.30%	1.35x	$4.55 Million
Chin Hin Group Property Bhd (7187)	$148.66 Million	7.47%	1.00x	$352.65 Million

About DRB - Hicom Bhd

KLSE:1619 Malaysia Auto Manufacturers

Market Cap

$529.06 Million

RM2.11 Billion MYR

Market Cap Rank

#12112 Global

#123 in Malaysia

Share Price

RM1.09

Change (1 day)

+0.00%

52-Week Range

RM0.72 - RM1.34

All Time High

RM2.71