Menang Corporation (Malaysia) Bhd (1694) - Net Assets
Based on the latest financial reports, Menang Corporation (Malaysia) Bhd (1694) has net assets worth RM610.28 Million MYR (≈ $153.22 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM895.12 Million ≈ $224.73 Million USD) and total liabilities (RM284.84 Million ≈ $71.51 Million 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 1694 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM610.28 Million |
| % of Total Assets | 68.18% |
| Annual Growth Rate | 9.42% |
| 5-Year Change | 69.66% |
| 10-Year Change | 100.62% |
| Growth Volatility | 10.8 |
Menang Corporation (Malaysia) Bhd - Net Assets Trend (2012–2026)
This chart illustrates how Menang Corporation (Malaysia) Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Menang Corporation (Malaysia) Bhd market cap and net worth.
Annual Net Assets for Menang Corporation (Malaysia) Bhd (2012–2026)
The table below shows the annual net assets of Menang Corporation (Malaysia) Bhd from 2012 to 2026. Also explore Menang Corporation (Malaysia) Bhd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | RM610.28 Million ≈ $153.22 Million |
+28.38% |
| 2025-06-30 | RM475.38 Million ≈ $119.35 Million |
+10.14% |
| 2024-06-30 | RM431.62 Million ≈ $108.37 Million |
+13.73% |
| 2023-06-30 | RM379.52 Million ≈ $95.28 Million |
+5.51% |
| 2022-06-30 | RM359.70 Million ≈ $90.31 Million |
+9.08% |
| 2021-06-30 | RM329.77 Million ≈ $82.79 Million |
+2.22% |
| 2020-06-30 | RM322.61 Million ≈ $81.00 Million |
+0.87% |
| 2019-06-30 | RM319.82 Million ≈ $80.30 Million |
+0.73% |
| 2018-06-30 | RM317.50 Million ≈ $79.71 Million |
+4.37% |
| 2017-06-30 | RM304.20 Million ≈ $76.38 Million |
+3.86% |
| 2016-06-30 | RM292.88 Million ≈ $73.53 Million |
-10.16% |
| 2015-06-30 | RM326.00 Million ≈ $81.85 Million |
+25.38% |
| 2014-06-30 | RM260.00 Million ≈ $65.28 Million |
+23.22% |
| 2013-06-30 | RM211.00 Million ≈ $52.98 Million |
+21.97% |
| 2012-06-30 | RM173.00 Million ≈ $43.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Menang Corporation (Malaysia) 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 decreased by 20.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM126.88 Million | 26.95% |
| Other Components | RM343.93 Million | 73.05% |
| Total Equity | RM470.81 Million | 100.00% |
Menang Corporation (Malaysia) Bhd Competitors by Market Cap
The table below lists competitors of Menang Corporation (Malaysia) Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hsin Ba Ba Corp
TW:9906
|
$118.74 Million |
|
WiSoL CO.LTD
KQ:122990
|
$118.76 Million |
|
Softronic AB
ST:SOF-B
|
$118.84 Million |
|
MCOT Public Company Limited
BK:MCOT
|
$118.86 Million |
|
Shanghai Haixin Group Co Ltd B
SHG:900917
|
$118.62 Million |
|
Kee Tai Properties Co Ltd
TW:2538
|
$118.62 Million |
|
Air Busan Co Ltd
KO:298690
|
$118.59 Million |
|
Cnergenz Bhd
KLSE:0246
|
$118.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Menang Corporation (Malaysia) Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 475,383,000 to 470,805,000, a change of -4,578,000 (-1.0%).
- Net income of 17,640,000 contributed positively to equity growth.
- Dividend payments of 20,904,000 reduced retained earnings.
- Share repurchases of 1,227,000 reduced equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM17.64 Million | +3.75% |
| Dividends Paid | RM20.90 Million | -4.44% |
| Share Repurchases | RM1.23 Million | -0.26% |
| Other Changes | RM-87.00K | -0.02% |
| Total Change | RM- | -0.96% |
Book Value vs Market Value Analysis
This analysis compares Menang Corporation (Malaysia) 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: 1.01x
- 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 1.12x to 1.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM0.61 | RM0.68 | x |
| 2017-06-30 | RM0.63 | RM0.68 | x |
| 2018-06-30 | RM0.66 | RM0.68 | x |
| 2019-06-30 | RM0.67 | RM0.68 | x |
| 2020-06-30 | RM0.67 | RM0.68 | x |
| 2021-06-30 | RM0.69 | RM0.68 | x |
| 2022-06-30 | RM0.71 | RM0.68 | x |
| 2023-06-30 | RM0.74 | RM0.68 | x |
| 2024-06-30 | RM0.76 | RM0.68 | x |
| 2025-06-30 | RM0.68 | RM0.68 | x |
| 2026-06-30 | RM0.68 | RM0.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Menang Corporation (Malaysia) 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): 3.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.98%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.90x
- Recent ROE (3.75%) is below the historical average (4.11%), 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 | 11.21% | 18.35% | 0.14x | 4.27x | RM3.54 Million |
| 2017 | 3.72% | 31.96% | 0.03x | 3.94x | RM-19.10 Million |
| 2018 | 4.19% | 31.08% | 0.04x | 3.81x | RM-18.45 Million |
| 2019 | 0.73% | 4.72% | 0.04x | 3.69x | RM-29.66 Million |
| 2020 | 0.86% | 3.10% | 0.08x | 3.57x | RM-29.48 Million |
| 2021 | 2.17% | 8.11% | 0.08x | 3.29x | RM-25.82 Million |
| 2022 | 3.37% | 13.78% | 0.09x | 2.84x | RM-23.87 Million |
| 2023 | 4.55% | 19.52% | 0.09x | 2.61x | RM-20.67 Million |
| 2024 | 6.04% | 27.24% | 0.09x | 2.39x | RM-17.09 Million |
| 2025 | 4.60% | 24.38% | 0.09x | 2.01x | RM-25.68 Million |
| 2026 | 3.75% | 19.98% | 0.10x | 1.90x | RM-29.44 Million |
Industry Comparison
This section compares Menang Corporation (Malaysia) Bhd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $900,537,015
- Average return on equity (ROE) among peers: 1.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Menang Corporation (Malaysia) Bhd (1694) | RM610.28 Million | 11.21% | 0.47x | $118.69 Million |
| Pegasus Heights Bhd (4464) | $138.88 Million | -10.02% | 0.05x | $13.58 Million |
| Meridian Bhd (5040) | $214.00 Million | 5.61% | 0.72x | $892.71K |
| IGB Bhd (5606) | $3.84 Billion | 4.21% | 1.37x | $1.15 Billion |
| SHL Consolidated Bhd (6017) | $790.47 Million | 8.74% | 0.19x | $144.68 Million |
| Y&G Corp Bhd (7003) | $302.40 Million | 2.70% | 0.29x | $16.73 Million |
| Bertam Alliance Bhd (9814) | $116.46 Million | -3.85% | 0.30x | $10.61 Million |
About Menang Corporation (Malaysia) Bhd
Menang Corporation (M) Berhad, an investment holding company, engages in the property development, investment, and construction activities in Malaysia. The company operates through three segments: Property Development, Investment Holding, and Concession Arrangements. It develops residential and commercial properties. The company is also involved in the provision of management services; and constr… Read more