TDM Berhad Net Assets

Latest as of September 2025: RM657.58 Million MYR ≈ $165.10 Million USD

TDM Berhad net assets. Based on the latest financial reports, TDM Berhad (2054) has net assets worth RM657.58 Million MYR (≈ $165.10 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.73 Billion ≈ $434.36 Million USD) and total liabilities (RM1.07 Billion ≈ $269.26 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. See TDM Berhad balance sheet quality to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric Value
Current Net Assets RM657.58 Million
% of Total Assets 38.01%
Annual Growth Rate -4.92%
5-Year Change -9.01%
10-Year Change -52.57%
Growth Volatility 12.2

Net Assets of TDM Berhad (2012–2024)

Net assets of TDM Berhad from 2012 to 2024. This chart illustrates how TDM Berhad's net assets have evolved over time, based on quarterly financial data. Also explore net asset momentum of TDM Berhad to track the company's year-over-year net asset growth rate.

Annual Net Assets for TDM Berhad (2012–2024)

The table below shows the annual net assets of TDM Berhad from 2012 to 2024. For live market cap and overall valuation, see TDM Berhad (2054) market capitalisation.

Year Net Assets Change
2024-12-31 RM687.78 Million
≈ $172.68 Million		 +4.21%
2023-12-31 RM659.99 Million
≈ $165.70 Million		 +0.47%
2022-12-31 RM656.89 Million
≈ $164.92 Million		 -7.32%
2021-12-31 RM708.78 Million
≈ $177.95 Million		 -6.23%
2020-12-31 RM755.86 Million
≈ $189.77 Million		 +2.06%
2019-12-31 RM740.59 Million
≈ $185.94 Million		 -31.88%
2018-12-31 RM1.09 Billion
≈ $272.95 Million		 -23.87%
2017-12-31 RM1.43 Billion
≈ $358.56 Million		 +8.71%
2016-12-31 RM1.31 Billion
≈ $329.84 Million		 -9.40%
2015-12-31 RM1.45 Billion
≈ $364.05 Million		 +8.70%
2014-12-31 RM1.33 Billion
≈ $334.92 Million		 +6.46%
2013-12-31 RM1.25 Billion
≈ $314.59 Million		 -0.56%
2012-12-31 RM1.26 Billion
≈ $316.34 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to TDM Berhad'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 16.7% over the analyzed period, potentially due to dividend distributions or operating losses.

TDM Berhad Net Assets Breakdown (December 2024)

TDM Berhad net assets breakdown by equity component as of December 2024.

Component Amount Percentage
Retained Earnings RM349.76 Million 48.44%
Other Components RM372.30 Million 51.56%
Total Equity RM722.06 Million 100.00%

TDM Berhad Competitors by Market Cap

The table below lists competitors of TDM Berhad ranked by their market capitalization.

Company Market Cap
Qua Granite Hayal Yapi ve Urunleri Sanayi Ticaret AS
IS:QUAGR
 $82.19 Million
China Aluminum International Engineering Corporation Limited
F:4AI
 $82.20 Million
Pathfinder Bancorp Inc
NASDAQ:PBHC
 $82.24 Million
IX Acquisition Corp
NASDAQ:IXAQ
 $82.25 Million
Cufe Ltd
AU:CUF
 $82.16 Million
Les Docks des Pétroles d-Ambès - SA
PA:DPAM
 $82.15 Million
Globe International Ltd
AU:GLB
 $82.15 Million
Vaziva Sa
PA:ALVAZ
 $82.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TDM Berhad's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 690,719,000 to 722,061,000, a change of 31,342,000 (4.5%).
  • Net income of 11,222,000 contributed positively to equity growth.
  • Dividend payments of 3,101,000 reduced retained earnings.
  • Other factors increased equity by 23,221,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM11.22 Million +1.55%
Dividends Paid RM3.10 Million -0.43%
Other Changes RM23.22 Million +3.22%
Total Change RM- 4.54%

Book Value vs Market Value Analysis

This analysis compares TDM Berhad'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: 0.45x
  • 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 increased from 0.22x to 0.45x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 RM0.87 RM0.19 x
2018-12-31 RM0.65 RM0.19 x
2019-12-31 RM0.46 RM0.19 x
2020-12-31 RM0.46 RM0.19 x
2021-12-31 RM0.42 RM0.19 x
2022-12-31 RM0.40 RM0.19 x
2023-12-31 RM0.40 RM0.19 x
2024-12-31 RM0.42 RM0.19 x

Capital Efficiency Dashboard

This dashboard shows how efficiently TDM Berhad 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): 1.55%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.74%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 2.36x
  • Recent ROE (1.55%) is above the historical average (-3.95%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 1.53% 4.70% 0.17x 1.94x RM-111.77 Million
2017 1.60% 5.14% 0.17x 1.86x RM-120.73 Million
2018 -6.79% -18.45% 0.19x 1.95x RM-184.65 Million
2019 -25.98% -47.02% 0.26x 2.16x RM-276.78 Million
2020 -1.29% -2.24% 0.24x 2.43x RM-87.02 Million
2021 -4.03% -5.77% 0.29x 2.38x RM-102.73 Million
2022 -3.71% -4.14% 0.37x 2.43x RM-93.98 Million
2023 1.60% 1.85% 0.35x 2.49x RM-58.05 Million
2024 1.55% 1.74% 0.38x 2.36x RM-60.98 Million

Industry Comparison

This section compares TDM Berhad's net assets metrics with peer companies in the Farm Products industry.

Industry Context

  • Industry: Farm Products
  • Average net assets among peers: $380,384,143
  • Average return on equity (ROE) among peers: 0.07%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TDM Berhad (2054) RM657.58 Million 1.53% 1.63x $82.19 Million
Green Ocean Corporation Bhd (0074) $99.70 Million -14.05% 0.20x $3.71 Million
MAG Holdings Berhad (0095) $473.76 Million -1.41% 0.15x $74.04 Million
Greenyield Bhd (0136) $54.42 Million -0.73% 0.43x $20.87 Million
Heng Huat Resources Group Bhd (0175) $79.33 Million 0.46% 1.12x $29.51 Million
Matang Bhd (0189) $168.01 Million 1.07% 0.02x $41.99 Million
Pinehill Pacific Bhd (1902) $184.30 Million -6.00% -0.03x $17.30 Million
Chin Teck Plantations Bhd (1929) $858.81 Million 6.21% 0.06x $245.44 Million
Kretam Holdings Bhd (1996) $896.64 Million 12.08% 0.26x $371.66 Million
Negri Sembilan Oil Palms Bhd (2038) $608.49 Million 2.97% 0.34x $92.18 Million

About TDM Berhad

KLSE:2054 Malaysia Farm Products
Market Cap
$82.19 Million
RM327.35 Million MYR
Market Cap Rank
#19825 Global
#356 in Malaysia
Share Price
RM0.19
Change (1 day)
-2.56%
52-Week Range
RM0.17 - RM0.25
All Time High
RM0.67
Categories
Companies in Malaysia Farm Products
About

TDM Berhad, an investment holding company, engages in the cultivation of oil palms in Malaysia. It operates in Plantation and Healthcare segments. The company is involved in the sale of fresh fruit bunches and pineapple fruits; plantation management operations; and sale of crude palm oil, palm kernel, bio compost fertilizers, and related products, as well as manages and markets various agro commo… Read more