Tanco Holdings Bhd Net Assets
Tanco Holdings Bhd net assets. Based on the latest financial reports, Tanco Holdings Bhd (2429) has net assets worth RM374.92 Million MYR (≈ $94.13 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 (RM533.66 Million ≈ $133.99 Million USD) and total liabilities (RM158.74 Million ≈ $39.86 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 2429 equity financing ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM374.92 Million |
| % of Total Assets | 70.25% |
| Annual Growth Rate | 2.0% |
| 5-Year Change | 122.03% |
| 10-Year Change | 124.63% |
| Growth Volatility | 16.84 |
Net Assets of Tanco Holdings Bhd (2012–2025)
Net assets of Tanco Holdings Bhd from 2012 to 2025. This chart illustrates how Tanco Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Tanco Holdings Bhd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Net Assets for Tanco Holdings Bhd (2012–2025)
The table below shows the annual net assets of Tanco Holdings Bhd from 2012 to 2025. For live market cap and overall valuation, see Tanco Holdings Bhd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM354.67 Million ≈ $89.04 Million |
+13.98% |
| 2024-06-30 | RM311.17 Million ≈ $78.12 Million |
+30.30% |
| 2023-06-30 | RM238.81 Million ≈ $59.96 Million |
+38.80% |
| 2022-06-30 | RM172.05 Million ≈ $43.20 Million |
+7.71% |
| 2021-06-30 | RM159.74 Million ≈ $40.10 Million |
+1.40% |
| 2020-06-30 | RM157.54 Million ≈ $39.55 Million |
+6.61% |
| 2019-06-30 | RM147.77 Million ≈ $37.10 Million |
-7.78% |
| 2018-06-30 | RM160.23 Million ≈ $40.23 Million |
+1.27% |
| 2017-06-30 | RM158.22 Million ≈ $39.72 Million |
+0.21% |
| 2016-06-30 | RM157.89 Million ≈ $39.64 Million |
-2.54% |
| 2015-06-30 | RM162.00 Million ≈ $40.67 Million |
-8.47% |
| 2014-06-30 | RM177.00 Million ≈ $44.44 Million |
-7.33% |
| 2013-06-30 | RM191.00 Million ≈ $47.95 Million |
-30.29% |
| 2012-06-30 | RM274.00 Million ≈ $68.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tanco Holdings 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 37.9% over the analyzed period, indicating profitable operations and earnings retention.
Tanco Holdings Bhd Net Assets Breakdown (June 2025)
Tanco Holdings Bhd net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM102.15 Million | 28.80% |
| Common Stock | RM252.52 Million | 71.20% |
| Total Equity | RM354.67 Million | 100.00% |
Tanco Holdings Bhd Competitors by Market Cap
The table below lists competitors of Tanco Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Etoiles Capital Group Co., Ltd. Class A Ordinary Shares
NASDAQ:EFTY
|
$226.95 Million |
|
Yorkville International Capital Corp. Class A Ordinary Shares
NASDAQ:YICC
|
$227.01 Million |
|
Hold-Key Electric Wire & Cable Co Ltd
TW:1618
|
$227.05 Million |
|
Bakkt Holdings Inc
NYSE:BKKT
|
$227.11 Million |
|
Aspo Oyj
HE:ASPO
|
$226.89 Million |
|
Meridian Bank
NASDAQ:MRBK
|
$226.89 Million |
|
Asiacement
KO:183190
|
$226.79 Million |
|
Greenwich Lifesciences Inc
NASDAQ:GLSI
|
$226.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tanco Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 303,677,000 to 354,665,000, a change of 50,988,000 (16.8%).
- Net income of 7,881,000 contributed positively to equity growth.
- Share repurchases of 43,107,000 reduced equity.
- New share issuances of 43,107,000 increased equity.
- Other factors increased equity by 43,107,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM7.88 Million | +2.22% |
| Share Repurchases | RM43.11 Million | -12.15% |
| Share Issuances | RM43.11 Million | +12.15% |
| Other Changes | RM43.11 Million | +12.15% |
| Total Change | RM- | 16.79% |
Book Value vs Market Value Analysis
This analysis compares Tanco Holdings 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: 2.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.32x to 2.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM0.47 | RM0.15 | x |
| 2017-06-30 | RM0.24 | RM0.15 | x |
| 2018-06-30 | RM0.24 | RM0.15 | x |
| 2019-06-30 | RM0.20 | RM0.15 | x |
| 2020-06-30 | RM0.13 | RM0.15 | x |
| 2021-06-30 | RM0.10 | RM0.15 | x |
| 2022-06-30 | RM0.10 | RM0.15 | x |
| 2023-06-30 | RM0.12 | RM0.15 | x |
| 2024-06-30 | RM0.15 | RM0.15 | x |
| 2025-06-30 | RM0.07 | RM0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tanco Holdings 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): 2.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.13%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.46x
- Recent ROE (2.22%) is above the historical average (-3.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -5.52% | -81.36% | 0.04x | 1.71x | RM-24.51 Million |
| 2017 | -7.26% | -110.45% | 0.04x | 1.71x | RM-27.30 Million |
| 2018 | -0.37% | -3.78% | 0.06x | 1.76x | RM-16.62 Million |
| 2019 | -10.52% | -510.64% | 0.01x | 1.91x | RM-30.32 Million |
| 2020 | -10.88% | -510.97% | 0.01x | 1.72x | RM-32.89 Million |
| 2021 | -8.59% | -310.24% | 0.02x | 1.72x | RM-29.70 Million |
| 2022 | -7.50% | -90.05% | 0.05x | 1.67x | RM-30.10 Million |
| 2023 | 7.76% | 19.75% | 0.22x | 1.75x | RM-5.35 Million |
| 2024 | 3.92% | 6.86% | 0.33x | 1.71x | RM-18.46 Million |
| 2025 | 2.22% | 6.13% | 0.25x | 1.46x | RM-27.59 Million |
Industry Comparison
This section compares Tanco Holdings Bhd's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $483,685,008
- Average return on equity (ROE) among peers: 4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tanco Holdings Bhd (2429) | RM374.92 Million | -5.52% | 0.42x | $226.92 Million |
| Amalgamated Industrial Steel Berhad (2682) | $143.51 Million | -3.77% | 0.23x | $8.87 Million |
| EcoFirst Consolidated Bhd (3557) | $195.00 Million | 15.38% | 1.26x | $96.16 Million |
| Asian Pac Holdings Bhd (4057) | $409.00 Million | 10.02% | 1.28x | $41.12 Million |
| Ibraco Bhd (5084) | $322.00 Million | 14.29% | 0.72x | $137.09 Million |
| Ivory Properties Group Bhd (5175) | $401.00 Million | 4.99% | 1.28x | $615.21K |
| Tambun Indah Land Bhd (5191) | $639.98 Million | 7.60% | 0.30x | $74.45 Million |
| Eco World International Bhd (5283) | $1.66 Billion | -5.16% | 0.01x | $81.35 Million |
| Farlim Group (Malaysia) Bhd (6041) | $130.46 Million | -8.27% | 0.17x | $5.96 Million |
| BCB Bhd (6602) | $456.65 Million | 2.53% | 1.80x | $22.29 Million |
About Tanco Holdings Bhd
Tanco Holdings Berhad, an investment holding company, engages in the property development business primarily in Malaysia. It operates through Property Development/Management; Resorts and Club Operation/Management; Construction and Installation; Investment Holding; and Business Consulting Services segments. The company invests, develops, constructs, and manages properties; operates and manages res… Read more