Sungei Bagan Rubber Malaya (2569) - Net Assets
Based on the latest financial reports, Sungei Bagan Rubber Malaya (2569) has net assets worth RM1.15 Billion MYR (≈ $289.97 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 (RM1.17 Billion ≈ $294.37 Million USD) and total liabilities (RM17.53 Million ≈ $4.40 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. Explore 2569 cash generation efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM1.15 Billion |
| % of Total Assets | 98.51% |
| Annual Growth Rate | 8.45% |
| 5-Year Change | 71.43% |
| 10-Year Change | 88.06% |
| Growth Volatility | 14.07 |
Sungei Bagan Rubber Malaya - Net Assets Trend (2012–2025)
This chart illustrates how Sungei Bagan Rubber Malaya's net assets have evolved over time, based on quarterly financial data. Explore 2569 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Sungei Bagan Rubber Malaya (2012–2025)
The table below shows the annual net assets of Sungei Bagan Rubber Malaya from 2012 to 2025. For live valuation and market cap data, see 2569 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM1.06 Billion ≈ $265.19 Million |
+45.19% |
| 2024-06-30 | RM727.51 Million ≈ $182.65 Million |
+12.31% |
| 2023-06-30 | RM647.77 Million ≈ $162.63 Million |
+5.36% |
| 2022-06-30 | RM614.78 Million ≈ $154.35 Million |
-0.22% |
| 2021-06-30 | RM616.14 Million ≈ $154.69 Million |
+9.20% |
| 2020-06-30 | RM564.22 Million ≈ $141.66 Million |
-5.63% |
| 2019-06-30 | RM597.85 Million ≈ $150.10 Million |
-5.99% |
| 2018-06-30 | RM635.96 Million ≈ $159.67 Million |
+3.26% |
| 2017-06-30 | RM615.86 Million ≈ $154.62 Million |
+9.65% |
| 2016-06-30 | RM561.66 Million ≈ $141.01 Million |
-3.16% |
| 2015-06-30 | RM580.00 Million ≈ $145.62 Million |
+31.82% |
| 2014-06-30 | RM440.00 Million ≈ $110.47 Million |
+12.24% |
| 2013-06-30 | RM392.00 Million ≈ $98.42 Million |
+6.52% |
| 2012-06-30 | RM368.00 Million ≈ $92.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sungei Bagan Rubber Malaya'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 44.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM714.00 Million | 67.60% |
| Common Stock | RM342.76 Million | 32.45% |
| Total Equity | RM1.06 Billion | 100.00% |
Sungei Bagan Rubber Malaya Competitors by Market Cap
The table below lists competitors of Sungei Bagan Rubber Malaya ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Minaurum Silver Inc.
V:MGG
|
$134.07 Million |
|
Biosolution Co.Ltd
KQ:086820
|
$134.10 Million |
|
Punjab Chemicals & Crop Protection Limited
NSE:PUNJABCHEM
|
$134.12 Million |
|
GOLFZON NEWDIN HOLDINGS Co. Ltd
KQ:121440
|
$134.16 Million |
|
Melnick Even Desenvolvimento Imobiliário S.A
SA:MELK3
|
$133.88 Million |
|
Nordic Halibut AS
OL:NOHAL
|
$133.84 Million |
|
Hanpin Electron Co Ltd
TW:2488
|
$133.83 Million |
|
Spruce Biosciences, Inc. Common Stock
NASDAQ:SPRB
|
$133.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sungei Bagan Rubber Malaya's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 727,514,000 to 1,056,247,410, a change of 328,733,410 (45.2%).
- Net income of 181,851,270 contributed positively to equity growth.
- Dividend payments of 7,434,640 reduced retained earnings.
- Other factors increased equity by 154,316,780.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM181.85 Million | +17.22% |
| Dividends Paid | RM7.43 Million | -0.7% |
| Other Changes | RM154.32 Million | +14.61% |
| Total Change | RM- | 45.19% |
Book Value vs Market Value Analysis
This analysis compares Sungei Bagan Rubber Malaya'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: 0.51x
- 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 0.68x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | RM8.47 | RM5.74 | x |
| 2017-06-30 | RM9.28 | RM5.74 | x |
| 2018-06-30 | RM9.59 | RM5.74 | x |
| 2019-06-30 | RM9.01 | RM5.74 | x |
| 2020-06-30 | RM8.51 | RM5.74 | x |
| 2021-06-30 | RM9.29 | RM5.74 | x |
| 2022-06-30 | RM9.27 | RM5.74 | x |
| 2023-06-30 | RM9.79 | RM5.74 | x |
| 2024-06-30 | RM10.99 | RM5.74 | x |
| 2025-06-30 | RM11.37 | RM5.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sungei Bagan Rubber Malaya 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): 17.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 425.15%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.02x
- Recent ROE (17.22%) is above the historical average (2.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -0.33% | -16.96% | 0.02x | 1.01x | RM-58.05 Million |
| 2017 | -0.99% | -49.63% | 0.02x | 1.01x | RM-67.69 Million |
| 2018 | 1.07% | 47.88% | 0.02x | 1.02x | RM-56.80 Million |
| 2019 | -1.11% | -54.42% | 0.02x | 1.02x | RM-66.45 Million |
| 2020 | -1.50% | -60.06% | 0.02x | 1.03x | RM-64.88 Million |
| 2021 | 7.15% | 233.75% | 0.03x | 1.03x | RM-17.55 Million |
| 2022 | -1.83% | -31.40% | 0.06x | 1.03x | RM-72.71 Million |
| 2023 | 2.48% | 50.10% | 0.05x | 1.02x | RM-48.70 Million |
| 2024 | 3.64% | 66.25% | 0.05x | 1.02x | RM-46.28 Million |
| 2025 | 17.22% | 425.15% | 0.04x | 1.02x | RM76.23 Million |
Industry Comparison
This section compares Sungei Bagan Rubber Malaya's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $449,772,963
- Average return on equity (ROE) among peers: 1.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sungei Bagan Rubber Malaya (2569) | RM1.15 Billion | -0.33% | 0.02x | $133.93 Million |
| Green Ocean Corporation Bhd (0074) | $113.71 Million | -3.46% | 0.17x | $3.71 Million |
| MAG Holdings Berhad (0095) | $706.08 Million | 2.51% | 0.42x | $78.81 Million |
| Greenyield Bhd (0136) | $57.31 Million | 4.41% | 0.36x | $25.05 Million |
| Heng Huat Resources Group Bhd (0175) | $79.33 Million | 0.46% | 1.12x | $28.17 Million |
| Matang Bhd (0189) | $186.58 Million | 0.98% | 0.01x | $44.99 Million |
| Pinehill Pacific Bhd (1902) | $193.12 Million | -4.08% | -0.01x | $17.30 Million |
| Chin Teck Plantations Bhd (1929) | $645.00 Million | 4.65% | 0.02x | $255.99 Million |
| Kretam Holdings Bhd (1996) | $632.73 Million | 7.96% | 0.29x | $391.83 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $549.87 Million | -0.31% | 0.35x | $93.77 Million |
| TDM Berhad (2054) | $1.33 Billion | 4.05% | 0.57x | $90.84 Million |
About Sungei Bagan Rubber Malaya
Sungei Bagan Rubber Company (Malaya) Berhad produces and sells fresh oil palm fruit bunches in Malaysia, Singapore, and the United Kingdom. It operates through two segments, Plantation and Investments. The Plantation segment cultivates oil palm. The Investments segment is involved in long term portfolio investment in securities, and deposits with banks. Sungei Bagan Rubber Company (Malaya) Berhad… Read more