Gopeng Bhd (2135) - Net Assets
Based on the latest financial reports, Gopeng Bhd (2135) has net assets worth RM386.27 Million MYR (≈ $96.98 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM632.86 Million ≈ $158.89 Million USD) and total liabilities (RM246.58 Million ≈ $61.91 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 2135 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM386.27 Million |
| % of Total Assets | 61.04% |
| Annual Growth Rate | 2.56% |
| 5-Year Change | 39.16% |
| 10-Year Change | 28.6% |
| Growth Volatility | 11.32 |
Gopeng Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Gopeng Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Gopeng Bhd (2135) total assets for the complete picture of this company's asset base.
Annual Net Assets for Gopeng Bhd (2012–2025)
The table below shows the annual net assets of Gopeng Bhd from 2012 to 2025. For live valuation and market cap data, see Gopeng Bhd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM386.27 Million ≈ $96.98 Million |
-2.88% |
| 2024-12-31 | RM397.72 Million ≈ $99.85 Million |
+5.27% |
| 2023-12-31 | RM377.81 Million ≈ $94.86 Million |
+41.00% |
| 2022-12-31 | RM267.95 Million ≈ $67.27 Million |
-3.47% |
| 2021-12-31 | RM277.58 Million ≈ $69.69 Million |
-2.68% |
| 2020-12-31 | RM285.24 Million ≈ $71.61 Million |
-1.40% |
| 2019-12-31 | RM289.29 Million ≈ $72.63 Million |
-1.19% |
| 2018-12-31 | RM292.78 Million ≈ $73.51 Million |
-1.68% |
| 2017-12-31 | RM297.78 Million ≈ $74.76 Million |
-0.86% |
| 2016-12-31 | RM300.37 Million ≈ $75.41 Million |
+2.17% |
| 2015-12-31 | RM294.00 Million ≈ $73.81 Million |
+1.38% |
| 2014-12-31 | RM290.00 Million ≈ $72.81 Million |
-1.69% |
| 2013-12-31 | RM295.00 Million ≈ $74.06 Million |
+6.12% |
| 2012-12-31 | RM278.00 Million ≈ $69.80 Million |
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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 19.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM251.78 Million | 65.18% |
| Common Stock | RM134.50 Million | 34.82% |
| Other Components | RM10.00 | 0.00% |
| Total Equity | RM386.27 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 |
|---|---|
|
Suzhou QingYue Optoelectronics Technology Co. Ltd. A
SHG:688496
|
$79.02 Million |
|
Advero Properties SOCIMI S.A.
MC:YADV
|
$79.03 Million |
|
Thai Wah Public Company Limited
BK:TWPC
|
$79.03 Million |
|
Sutro Biopharma
NASDAQ:STRO
|
$79.09 Million |
|
Estika Tata Tiara Tbk PT
JK:BEEF
|
$78.99 Million |
|
Interlink Communication Public Company Limited
BK:ILINK
|
$78.96 Million |
|
ZUE SA
WAR:ZUE
|
$78.94 Million |
|
Golan Plastic
TA:GLPL
|
$78.93 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 2024 to 2025, total equity changed from 397,718,030 to 386,273,250, a change of -11,444,780 (-2.9%).
- Net loss of 7,869,050 reduced equity.
- Dividend payments of 4,035,400 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-7.87 Million | -2.04% |
| Dividends Paid | RM4.04 Million | -1.04% |
| Other Changes | RM459.67K | +0.12% |
| Total Change | RM- | -2.88% |
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 1.05x 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 | RM0.78 | x |
| 2017-12-31 | RM0.74 | RM0.78 | x |
| 2018-12-31 | RM0.73 | RM0.78 | x |
| 2019-12-31 | RM0.72 | RM0.78 | x |
| 2020-12-31 | RM0.71 | RM0.78 | x |
| 2021-12-31 | RM0.69 | RM0.78 | x |
| 2022-12-31 | RM0.66 | RM0.78 | x |
| 2023-12-31 | RM0.94 | RM0.78 | x |
| 2024-12-31 | RM0.99 | RM0.78 | x |
| 2025-12-31 | RM0.96 | RM0.78 | 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): -2.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.84%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.64x
- Recent ROE (-2.04%) is below the historical average (0.42%), 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 | 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 |
| 2025 | -2.04% | -22.84% | 0.05x | 1.64x | RM-46.50 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: $517,331,666
- Average return on equity (ROE) among peers: 2.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gopeng Bhd (2135) | RM386.27 Million | 1.48% | 0.64x | $79.02 Million |
| Green Ocean Corporation Bhd (0074) | $21.99 Million | 8.76% | 1.57x | $3.71 Million |
| MAG Holdings Berhad (0095) | $869.97 Million | 5.40% | 0.47x | $78.81 Million |
| Greenyield Bhd (0136) | $54.42 Million | -0.73% | 0.43x | $25.05 Million |
| Heng Huat Resources Group Bhd (0175) | $75.79 Million | 11.61% | 0.75x | $28.17 Million |
| Matang Bhd (0189) | $246.80 Million | 1.06% | 0.02x | $44.99 Million |
| Pinehill Pacific Bhd (1902) | $124.00 Million | -20.97% | 2.00x | $17.30 Million |
| Chin Teck Plantations Bhd (1929) | $858.81 Million | 6.21% | 0.06x | $255.99 Million |
| Kretam Holdings Bhd (1996) | $1.07 Billion | 5.95% | 0.23x | $391.83 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $596.00 Million | -0.67% | 0.11x | $93.77 Million |
| TDM Berhad (2054) | $1.25 Billion | 3.75% | 0.42x | $90.84 Million |
About 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