Batu Kawan Bhd
Batu Kawan Berhad, an investment holding company, cultivates and processes palm and rubber products in Malaysia, the Far East, the Middle East, South East Asia, Southern Asia, Europe, North and South America, Australia, Africa, and internationally. It operates through four segments: Plantation, Manufacturing, Property Development, and Investment Holding/Others. The company manufactures and sells … Read more
Batu Kawan Bhd (1899) - Net Assets
Latest net assets as of December 2025: RM15.65 Billion MYR
Based on the latest financial reports, Batu Kawan Bhd (1899) has net assets worth RM15.65 Billion MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM33.68 Billion) and total liabilities (RM18.02 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 | RM15.65 Billion |
| % of Total Assets | 46.48% |
| Annual Growth Rate | 5.45% |
| 5-Year Change | 19.57% |
| 10-Year Change | 24.5% |
| Growth Volatility | 37.38 |
Batu Kawan Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Batu Kawan 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 Batu Kawan Bhd (2012–2025)
The table below shows the annual net assets of Batu Kawan Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RM7.57 Billion | +2.64% |
| 2024-09-30 | RM7.37 Billion | -6.10% |
| 2023-09-30 | RM7.85 Billion | +2.44% |
| 2022-09-30 | RM7.67 Billion | +21.12% |
| 2021-09-30 | RM6.33 Billion | +7.71% |
| 2020-09-30 | RM5.88 Billion | +3.78% |
| 2019-09-30 | RM5.66 Billion | -6.89% |
| 2018-09-30 | RM6.08 Billion | -1.43% |
| 2017-09-30 | RM6.17 Billion | +1.48% |
| 2016-09-30 | RM6.08 Billion | -44.21% |
| 2015-09-30 | RM10.90 Billion | +22.84% |
| 2014-09-30 | RM8.87 Billion | +2.41% |
| 2013-09-30 | RM8.66 Billion | +128.25% |
| 2012-09-30 | RM3.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Batu Kawan 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 27.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM6.71 Billion | 88.66% |
| Common Stock | RM507.59 Million | 6.71% |
| Other Components | RM350.71 Million | 4.63% |
| Total Equity | RM7.57 Billion | 100.00% |
Batu Kawan Bhd Competitors by Market Cap
The table below lists competitors of Batu Kawan Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Jasan Holding Group Co Ltd
SHG:603558
|
$248.60 Million |
|
QC Solar (Suzhou) Co. Ltd. A
SHE:301278
|
$248.68 Million |
|
Shanghai Xujiahui Commercial Co Ltd
SHE:002561
|
$248.72 Million |
|
Objective Corporation Ltd
AU:OCL
|
$248.75 Million |
|
Eastern Pioneer Auto Driving S
SHG:603377
|
$248.54 Million |
|
Adecoagro SA
NYSE:AGRO
|
$248.53 Million |
|
Arbonia AG
SW:ARBN
|
$248.51 Million |
|
Guangdong Hongteo Accurate Technology Co Ltd
SHE:300176
|
$248.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Batu Kawan Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,374,754,000 to 7,569,357,000, a change of 194,603,000 (2.6%).
- Net income of 467,750,000 contributed positively to equity growth.
- Dividend payments of 233,759,000 reduced retained earnings.
- Share repurchases of 65,818,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM467.75 Million | +6.18% |
| Dividends Paid | RM233.76 Million | -3.09% |
| Share Repurchases | RM65.82 Million | -0.87% |
| Other Changes | RM26.43 Million | +0.35% |
| Total Change | RM- | 2.64% |
Book Value vs Market Value Analysis
This analysis compares Batu Kawan 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: 1.02x
- 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 1.32x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-09-30 | RM15.01 | RM19.82 | x |
| 2017-09-30 | RM15.32 | RM19.82 | x |
| 2018-09-30 | RM15.18 | RM19.82 | x |
| 2019-09-30 | RM14.43 | RM19.82 | x |
| 2020-09-30 | RM14.77 | RM19.82 | x |
| 2021-09-30 | RM16.04 | RM19.82 | x |
| 2022-09-30 | RM19.48 | RM19.82 | x |
| 2023-09-30 | RM19.97 | RM19.82 | x |
| 2024-09-30 | RM18.80 | RM19.82 | x |
| 2025-09-30 | RM19.47 | RM19.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Batu Kawan 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): 6.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.82%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 4.38x
- Recent ROE (6.18%) is below the historical average (9.25%), 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 | 13.57% | 4.86% | 0.86x | 3.26x | RM217.19 Million |
| 2017 | 9.51% | 2.72% | 1.03x | 3.38x | RM-30.36 Million |
| 2018 | 6.01% | 1.93% | 0.93x | 3.34x | RM-242.50 Million |
| 2019 | 6.42% | 2.27% | 0.74x | 3.85x | RM-202.80 Million |
| 2020 | 7.10% | 2.60% | 0.72x | 3.80x | RM-170.42 Million |
| 2021 | 18.12% | 5.54% | 0.69x | 4.72x | RM513.91 Million |
| 2022 | 15.32% | 4.16% | 0.87x | 4.22x | RM407.63 Million |
| 2023 | 6.25% | 1.99% | 0.77x | 4.06x | RM-294.47 Million |
| 2024 | 4.05% | 1.30% | 0.72x | 4.35x | RM-438.62 Million |
| 2025 | 6.18% | 1.82% | 0.78x | 4.38x | RM-289.19 Million |
Industry Comparison
This section compares Batu Kawan Bhd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $1,916,659,306
- Average return on equity (ROE) among peers: -5.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Batu Kawan Bhd (1899) | RM15.65 Billion | 13.57% | 1.15x | $248.59 Million |
| Digistar Corporation Bhd (0029) | $64.23 Million | 20.26% | 5.59x | $1.85 Million |
| Key Alliance Group Bhd (0036) | $41.31 Million | -10.37% | 0.81x | $1.39 Million |
| MSCM Holdings Bhd (0041) | $30.95 Million | 18.15% | 0.52x | $1.48 Million |
| Asdion Bhd (0068) | $11.85 Million | -65.79% | 0.48x | $1.33 Million |
| EA Holdings Bhd (0154) | $121.62 Million | -44.30% | 0.11x | $3.07 Million |
| Sports Toto Berhad (1562) | $1.25 Billion | 18.98% | 2.20x | $173.30 Million |
| Hap Seng Consolidated Bhd (3034) | $6.42 Billion | 17.20% | 0.90x | $288.24 Million |
| Berjaya Assets Bhd (3239) | $2.01 Billion | -6.15% | 0.63x | $25.63 Million |
| IJM Corporation Bhd (3336) | $7.30 Billion | 5.77% | 1.07x | $1.78 Billion |