Tanco Holdings Bhd (2429) - Net Assets

Latest as of December 2025: RM374.92 Million MYR ≈ $94.13 Million USD

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. Check 2429 financial resilience to evaluate the company's liquid asset resilience ratio.

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

Tanco Holdings Bhd - Net Assets Trend (2012–2025)

This chart illustrates how Tanco Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 2429 total asset value for the complete picture of this company's asset base.

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 valuation and market cap data, see market cap of Tanco Holdings Bhd.

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	--

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.

Current Equity Component Breakdown (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
Shanghai Tunnel Engineering Co Ltd SHG:600820	$2.57 Billion
Intuitive Machines Inc. NASDAQ:LUNR	$2.57 Billion
Ashland Global Holdings Inc NYSE:ASH	$2.57 Billion
California Water Service Group NYSE:CWT	$2.57 Billion
The Great Eastern Shipping Company Limited NSE:GESHIP	$2.57 Billion
ArcSoft Corp Ltd SHG:688088	$2.57 Billion
Anhui Jingcheng Copper Share Co Ltd SHE:002171	$2.57 Billion
Momentum Metropolitan Holdings Ltd JSE:MTM	$2.57 Billion

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: 25.64x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 3.61x to 25.64x 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	RM1.70	x
2017-06-30	RM0.24	RM1.70	x
2018-06-30	RM0.24	RM1.70	x
2019-06-30	RM0.20	RM1.70	x
2020-06-30	RM0.13	RM1.70	x
2021-06-30	RM0.10	RM1.70	x
2022-06-30	RM0.10	RM1.70	x
2023-06-30	RM0.12	RM1.70	x
2024-06-30	RM0.15	RM1.70	x
2025-06-30	RM0.07	RM1.70	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: $609,209,762
Average return on equity (ROE) among peers: 4.01%

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	$2.57 Billion
Amalgamated Industrial Steel Berhad (2682)	$150.77 Million	-2.86%	0.21x	$11.83 Million
EcoFirst Consolidated Bhd (3557)	$518.99 Million	2.47%	1.01x	$105.14 Million
Asian Pac Holdings Bhd (4057)	$409.00 Million	10.02%	1.28x	$48.59 Million
Glomac Bhd (5020)	$1.16 Billion	3.27%	0.69x	$61.66 Million
Ibraco Bhd (5084)	$583.52 Million	12.27%	1.53x	$161.77 Million
Ivory Properties Group Bhd (5175)	$413.34 Million	2.55%	1.22x	$615.21K
Tambun Indah Land Bhd (5191)	$463.00 Million	21.81%	0.67x	$88.24 Million
Eco World International Bhd (5283)	$1.66 Billion	-5.16%	0.01x	$132.56 Million
Farlim Group (Malaysia) Bhd (6041)	$130.46 Million	-8.27%	0.17x	$6.53 Million

About Tanco Holdings Bhd

KLSE:2429 Malaysia Real Estate - Diversified

Market Cap

$2.57 Billion

RM10.24 Billion MYR

Market Cap Rank

#5504 Global

#43 in Malaysia

Share Price

RM1.70

Change (1 day)

+1.19%

52-Week Range

RM0.71 - RM1.72

All Time High

RM2.15