Inch Kenneth Kajang Rubber PLC (2607) - Net Assets
Based on the latest financial reports, Inch Kenneth Kajang Rubber PLC (2607) has net assets worth RM578.21 Million MYR (≈ $145.17 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM706.38 Million ≈ $177.35 Million USD) and total liabilities (RM128.17 Million ≈ $32.18 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 2607 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM578.21 Million |
| % of Total Assets | 81.86% |
| Annual Growth Rate | -1.81% |
| 5-Year Change | -2.1% |
| 10-Year Change | -8.56% |
| Growth Volatility | 3.17 |
Inch Kenneth Kajang Rubber PLC - Net Assets Trend (2012–2025)
This chart illustrates how Inch Kenneth Kajang Rubber PLC's net assets have evolved over time, based on quarterly financial data. See 2607 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Inch Kenneth Kajang Rubber PLC (2012–2025)
The table below shows the annual net assets of Inch Kenneth Kajang Rubber PLC from 2012 to 2025. For live valuation and market cap data, see Inch Kenneth Kajang Rubber PLC (2607) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM581.96 Million ≈ $146.11 Million |
-0.47% |
| 2024-12-31 | RM584.72 Million ≈ $146.80 Million |
+1.61% |
| 2023-12-31 | RM575.47 Million ≈ $144.48 Million |
-1.38% |
| 2022-12-31 | RM583.54 Million ≈ $146.51 Million |
-1.83% |
| 2021-12-31 | RM594.42 Million ≈ $149.24 Million |
-2.36% |
| 2020-12-31 | RM608.80 Million ≈ $152.85 Million |
-3.04% |
| 2019-12-31 | RM627.86 Million ≈ $157.64 Million |
-0.85% |
| 2018-12-31 | RM633.24 Million ≈ $158.99 Million |
-0.63% |
| 2017-12-31 | RM637.24 Million ≈ $159.99 Million |
+0.12% |
| 2016-12-31 | RM636.44 Million ≈ $159.79 Million |
-0.24% |
| 2015-12-31 | RM638.00 Million ≈ $160.18 Million |
+1.11% |
| 2014-12-31 | RM631.00 Million ≈ $158.42 Million |
-11.62% |
| 2013-12-31 | RM714.00 Million ≈ $179.26 Million |
-3.25% |
| 2012-12-31 | RM738.00 Million ≈ $185.29 Million |
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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 93.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM7.67 Million | 1.32% |
| Common Stock | RM287.34 Million | 49.37% |
| Other Components | RM286.95 Million | 49.31% |
| Total Equity | RM581.96 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 |
|---|---|
|
Citizens Holding Company
NASDAQ:CIZN
|
$53.73 Million |
|
Sekar Bumi Tbk
JK:SKBM
|
$53.73 Million |
|
Faraday Future Intelligent Electric Inc.
NASDAQ:FFAI
|
$53.73 Million |
|
Blueberry NFT CO.LTD
KQ:044480
|
$53.74 Million |
|
Sleep Cycle AB
ST:SLEEP
|
$53.68 Million |
|
Sentry Select Primary Metals Corp
TO:PME
|
$53.68 Million |
|
Petros Petropoulos AEBE
AT:PETRO
|
$53.65 Million |
|
Kronos Bio Inc
NASDAQ:KRON
|
$53.65 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 2024 to 2025, total equity changed from 584,719,000 to 581,962,000, a change of -2,757,000 (-0.5%).
- Net loss of 7,860,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-7.86 Million | -1.35% |
| Other Changes | RM5.10 Million | +0.88% |
| Total Change | RM- | -0.47% |
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: 0.37x
- 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 | RM0.57 | x |
| 2017-12-31 | RM1.58 | RM0.57 | x |
| 2018-12-31 | RM1.64 | RM0.57 | x |
| 2019-12-31 | RM1.66 | RM0.57 | x |
| 2020-12-31 | RM1.61 | RM0.57 | x |
| 2021-12-31 | RM1.57 | RM0.57 | x |
| 2022-12-31 | RM1.54 | RM0.57 | x |
| 2023-12-31 | RM1.52 | RM0.57 | x |
| 2024-12-31 | RM1.54 | RM0.57 | x |
| 2025-12-31 | RM1.54 | RM0.57 | 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): -1.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -53.92%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.23x
- Recent ROE (-1.35%) is above the historical average (-1.59%), 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 |
| 2025 | -1.35% | -53.92% | 0.02x | 1.23x | RM-66.06 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: $21,080,985,000
- Average return on equity (ROE) among peers: 7.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inch Kenneth Kajang Rubber PLC (2607) | RM578.21 Million | -0.59% | 0.22x | $53.72 Million |
| Genting Bhd (3182) | $50.57 Billion | 4.18% | 0.41x | $2.18 Billion |
| Genting Malaysia Bhd (4715) | $11.61 Billion | 11.00% | 0.27x | $2.75 Billion |
| Shangri La Hotels Malaysia Bhd (5517) | $1.06 Billion | 6.80% | 0.40x | $182.27 Million |
About 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