Gopeng Bhd
Gopeng Berhad, an investment holding company, engages in the cultivation of oil palm and property development businesses in Malaysia. It operates through Property Development, Plantation, Solar, and Other segments. The company develops residential and commercial properties; operates and develops of solar photovoltaic facility; and cultivates pineapples. Gopeng Berhad was incorporated in 1983 and … Read more
Gopeng Bhd (2135) - Net Assets
Latest net assets as of September 2025: RM391.51 Million MYR
Based on the latest financial reports, Gopeng Bhd (2135) has net assets worth RM391.51 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 (RM635.60 Million) and total liabilities (RM244.09 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 | RM391.51 Million |
| % of Total Assets | 61.6% |
| Annual Growth Rate | 3.03% |
| 5-Year Change | 39.43% |
| 10-Year Change | 35.28% |
| Growth Volatility | 11.65 |
Gopeng Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Gopeng 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 Gopeng Bhd (2012–2024)
The table below shows the annual net assets of Gopeng Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM397.72 Million | +5.27% |
| 2023-12-31 | RM377.81 Million | +41.00% |
| 2022-12-31 | RM267.95 Million | -3.47% |
| 2021-12-31 | RM277.58 Million | -2.68% |
| 2020-12-31 | RM285.24 Million | -1.40% |
| 2019-12-31 | RM289.29 Million | -1.19% |
| 2018-12-31 | RM292.78 Million | -1.68% |
| 2017-12-31 | RM297.78 Million | -0.86% |
| 2016-12-31 | RM300.37 Million | +2.17% |
| 2015-12-31 | RM294.00 Million | +1.38% |
| 2014-12-31 | RM290.00 Million | -1.69% |
| 2013-12-31 | RM295.00 Million | +6.12% |
| 2012-12-31 | RM278.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gopeng 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 24.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM263.22 Million | 66.18% |
| Common Stock | RM134.50 Million | 33.82% |
| Total Equity | RM397.72 Million | 100.00% |
Gopeng Bhd Competitors by Market Cap
The table below lists competitors of Gopeng Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Long An Food Processing Export JSC
VN:LAF
|
$11.12 Million |
|
09R
F:09R
|
$11.12 Million |
|
Intelligent Protection Management Corp
NASDAQ:IPM
|
$11.14 Million |
|
Appia Energy Corp
OTCQB:APAAF
|
$11.14 Million |
|
Nigbas Nigde Beton Sanayi ve Ticaret AS
IS:NIBAS
|
$11.12 Million |
|
Eastern Commercial Leasing Public Company Limited
BK:ECL
|
$11.11 Million |
|
Glen Burnie Bancorp
NASDAQ:GLBZ
|
$11.11 Million |
|
Amani Gold Ltd
AU:ANL
|
$11.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gopeng Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 377,809,150 to 397,718,030, a change of 19,908,880 (5.3%).
- Net income of 23,943,790 contributed positively to equity growth.
- Dividend payments of 4,034,900 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM23.94 Million | +6.02% |
| Dividends Paid | RM4.03 Million | -1.01% |
| Other Changes | RM-10.00 | -0.0% |
| Total Change | RM- | 5.27% |
Book Value vs Market Value Analysis
This analysis compares Gopeng 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: 0.81x
- 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 decreased from 1.07x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.74 | RM0.80 | x |
| 2017-12-31 | RM0.74 | RM0.80 | x |
| 2018-12-31 | RM0.73 | RM0.80 | x |
| 2019-12-31 | RM0.72 | RM0.80 | x |
| 2020-12-31 | RM0.71 | RM0.80 | x |
| 2021-12-31 | RM0.69 | RM0.80 | x |
| 2022-12-31 | RM0.66 | RM0.80 | x |
| 2023-12-31 | RM0.94 | RM0.80 | x |
| 2024-12-31 | RM0.99 | RM0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gopeng 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): 6.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.67%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.61x
- Recent ROE (6.02%) is above the historical average (0.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.48% | 39.04% | 0.03x | 1.09x | RM-25.60 Million |
| 2017 | 1.54% | 29.55% | 0.05x | 1.10x | RM-25.20 Million |
| 2018 | 0.74% | 20.51% | 0.03x | 1.11x | RM-27.11 Million |
| 2019 | 1.12% | 47.02% | 0.02x | 1.11x | RM-25.69 Million |
| 2020 | -2.31% | -71.48% | 0.03x | 1.11x | RM-35.11 Million |
| 2021 | -0.83% | -16.05% | 0.05x | 1.11x | RM-30.07 Million |
| 2022 | -1.35% | -28.07% | 0.04x | 1.11x | RM-30.41 Million |
| 2023 | -0.21% | -8.82% | 0.02x | 1.57x | RM-38.57 Million |
| 2024 | 6.02% | 8.67% | 0.43x | 1.61x | RM-15.83 Million |
Industry Comparison
This section compares Gopeng Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $444,702,596
- Average return on equity (ROE) among peers: 1.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gopeng Bhd (2135) | RM391.51 Million | 1.48% | 0.62x | $11.12 Million |
| Green Ocean Corporation Bhd (0074) | $21.99 Million | 8.76% | 1.57x | $2.27 Million |
| MAG Holdings Berhad (0095) | $473.76 Million | -1.41% | 0.15x | $29.82 Million |
| Greenyield Bhd (0136) | $54.42 Million | -0.73% | 0.43x | $3.29 Million |
| Heng Huat Resources Group Bhd (0175) | $231.51 Million | 3.70% | 0.31x | $7.31 Million |
| Matang Bhd (0189) | $248.32 Million | 2.40% | 0.03x | $17.51 Million |
| Pinehill Pacific Bhd (1902) | $184.30 Million | -6.00% | -0.03x | $6.70 Million |
| Chin Teck Plantations Bhd (1929) | $651.35 Million | 10.97% | 0.05x | $63.45 Million |
| Kretam Holdings Bhd (1996) | $607.72 Million | -6.37% | 0.35x | $46.24 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $545.52 Million | -0.47% | 0.35x | $25.62 Million |
| TDM Berhad (2054) | $1.43 Billion | 1.62% | 0.87x | $25.63 Million |