Inch Kenneth Kajang Rubber PLC
Inch Kenneth Kajang Rubber Public Limited Company, an investment holding company, engages in the oil palm plantation and block rubber manufacturing businesses, hotel and resort operations, and property development and leasing activities in Malaysia and Thailand. It operates through four segments: Plantations, Manufacturing, Tourism, and Property Development segments. The company sells fresh fruit… Read more
Inch Kenneth Kajang Rubber PLC (2607) - Net Assets
Latest net assets as of September 2025: RM576.87 Million MYR
Based on the latest financial reports, Inch Kenneth Kajang Rubber PLC (2607) has net assets worth RM576.87 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 (RM699.73 Million) and total liabilities (RM122.86 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 | RM576.87 Million |
| % of Total Assets | 82.44% |
| Annual Growth Rate | -1.92% |
| 5-Year Change | -3.96% |
| 10-Year Change | -8.35% |
| Growth Volatility | 3.28 |
Inch Kenneth Kajang Rubber PLC - Net Assets Trend (2012–2024)
This chart illustrates how Inch Kenneth Kajang Rubber PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Inch Kenneth Kajang Rubber PLC (2012–2024)
The table below shows the annual net assets of Inch Kenneth Kajang Rubber PLC from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM584.72 Million | +1.61% |
| 2023-12-31 | RM575.47 Million | -1.38% |
| 2022-12-31 | RM583.54 Million | -1.83% |
| 2021-12-31 | RM594.42 Million | -2.36% |
| 2020-12-31 | RM608.80 Million | -3.04% |
| 2019-12-31 | RM627.86 Million | -0.85% |
| 2018-12-31 | RM633.24 Million | -0.63% |
| 2017-12-31 | RM637.24 Million | +0.12% |
| 2016-12-31 | RM636.44 Million | -0.24% |
| 2015-12-31 | RM638.00 Million | +1.11% |
| 2014-12-31 | RM631.00 Million | -11.62% |
| 2013-12-31 | RM714.00 Million | -3.25% |
| 2012-12-31 | RM738.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Inch Kenneth Kajang Rubber PLC'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 decreased by 88.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM13.81 Million | 2.36% |
| Common Stock | RM287.34 Million | 49.14% |
| Other Components | RM283.57 Million | 48.50% |
| Total Equity | RM584.72 Million | 100.00% |
Inch Kenneth Kajang Rubber PLC Competitors by Market Cap
The table below lists competitors of Inch Kenneth Kajang Rubber PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Summit
TA:SMT
|
$11.75 Million |
|
Openknowl Co.,Ltd.
KQ:440320
|
$11.76 Million |
|
SCI Engineered Materials Inc
OTCQB:SCIA
|
$11.76 Million |
|
Clientron Corp.
TWO:8119
|
$11.76 Million |
|
Coal Energy S.A.
WAR:CLE
|
$11.75 Million |
|
Hung Thinh Incons JSC
VN:HTN
|
$11.74 Million |
|
24SevenOffice Scandinavia AB
ST:247
|
$11.74 Million |
|
Lipidor Ab
ST:LIPI
|
$11.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inch Kenneth Kajang Rubber PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 575,470,000 to 584,719,000, a change of 9,249,000 (1.6%).
- Net loss of 7,043,000 reduced equity.
- Other factors increased equity by 16,292,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-7.04 Million | -1.2% |
| Other Changes | RM16.29 Million | +2.79% |
| Total Change | RM- | 1.61% |
Book Value vs Market Value Analysis
This analysis compares Inch Kenneth Kajang Rubber PLC'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: 0.23x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.58 | RM0.36 | x |
| 2017-12-31 | RM1.58 | RM0.36 | x |
| 2018-12-31 | RM1.64 | RM0.36 | x |
| 2019-12-31 | RM1.66 | RM0.36 | x |
| 2020-12-31 | RM1.61 | RM0.36 | x |
| 2021-12-31 | RM1.57 | RM0.36 | x |
| 2022-12-31 | RM1.54 | RM0.36 | x |
| 2023-12-31 | RM1.52 | RM0.36 | x |
| 2024-12-31 | RM1.54 | RM0.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inch Kenneth Kajang Rubber PLC 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): -1.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -39.63%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.19x
- Recent ROE (-1.20%) is above the historical average (-1.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -0.59% | -34.53% | 0.02x | 1.13x | RM-67.39 Million |
| 2017 | -2.31% | -93.11% | 0.02x | 1.14x | RM-78.47 Million |
| 2018 | -1.76% | -70.68% | 0.02x | 1.15x | RM-74.45 Million |
| 2019 | -1.10% | -48.61% | 0.02x | 1.14x | RM-69.70 Million |
| 2020 | -2.61% | -157.94% | 0.01x | 1.15x | RM-76.77 Million |
| 2021 | -2.07% | -37.65% | 0.05x | 1.15x | RM-71.74 Million |
| 2022 | -1.81% | -50.31% | 0.03x | 1.16x | RM-68.93 Million |
| 2023 | -1.05% | -34.93% | 0.03x | 1.17x | RM-63.60 Million |
| 2024 | -1.20% | -39.63% | 0.03x | 1.19x | RM-65.51 Million |
Industry Comparison
This section compares Inch Kenneth Kajang Rubber PLC's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $14,928,662,000
- Average return on equity (ROE) among peers: 4.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inch Kenneth Kajang Rubber PLC (2607) | RM576.87 Million | -0.59% | 0.21x | $11.75 Million |
| Genting Bhd (3182) | $31.79 Billion | -4.31% | 2.22x | $1.20 Billion |
| Genting Malaysia Bhd (4715) | $11.93 Billion | 11.97% | 0.38x | $1.10 Billion |
| Shangri La Hotels Malaysia Bhd (5517) | $1.07 Billion | 6.62% | 0.42x | $32.66 Million |