FCW Holdings Bhd (2755) - Net Assets
Based on the latest financial reports, FCW Holdings Bhd (2755) has net assets worth RM267.76 Million MYR (≈ $67.23 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 (RM400.60 Million ≈ $100.58 Million USD) and total liabilities (RM132.84 Million ≈ $33.35 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 FCW Holdings Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM267.76 Million |
| % of Total Assets | 66.84% |
| Annual Growth Rate | 5.07% |
| 5-Year Change | 47.59% |
| 10-Year Change | 22.44% |
| Growth Volatility | 11.83 |
FCW Holdings Bhd - Net Assets Trend (2012–2025)
This chart illustrates how FCW Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore how large is FCW Holdings Bhd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for FCW Holdings Bhd (2012–2025)
The table below shows the annual net assets of FCW Holdings Bhd from 2012 to 2025. For live valuation and market cap data, see FCW Holdings Bhd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM268.26 Million ≈ $67.35 Million |
+5.40% |
| 2024-06-30 | RM254.51 Million ≈ $63.90 Million |
+12.42% |
| 2023-06-30 | RM226.40 Million ≈ $56.84 Million |
+9.98% |
| 2022-06-30 | RM205.86 Million ≈ $51.68 Million |
+13.26% |
| 2021-06-30 | RM181.76 Million ≈ $45.63 Million |
+9.94% |
| 2020-06-30 | RM165.33 Million ≈ $41.51 Million |
+12.14% |
| 2019-06-30 | RM147.43 Million ≈ $37.01 Million |
-12.72% |
| 2018-06-30 | RM168.91 Million ≈ $42.41 Million |
-0.60% |
| 2017-06-30 | RM169.92 Million ≈ $42.66 Million |
-22.44% |
| 2016-06-30 | RM219.09 Million ≈ $55.01 Million |
+0.50% |
| 2015-06-30 | RM218.00 Million ≈ $54.73 Million |
+21.11% |
| 2014-06-30 | RM180.00 Million ≈ $45.19 Million |
+20.00% |
| 2013-06-30 | RM150.00 Million ≈ $37.66 Million |
+6.38% |
| 2012-06-30 | RM141.00 Million ≈ $35.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to FCW 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 52.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM143.26 Million | 53.40% |
| Common Stock | RM125.00 Million | 46.60% |
| Total Equity | RM268.26 Million | 100.00% |
FCW Holdings Bhd Competitors by Market Cap
The table below lists competitors of FCW Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bertrandt Aktiengesellschaft
XETRA:BDT
|
$101.06 Million |
|
Hf Foods Group Inc
NASDAQ:HFFG
|
$101.07 Million |
|
Hispanotels Inversiones SOCIMI SA
MC:YHSP
|
$101.11 Million |
|
Fuzetec Technology Co Ltd
TWO:6642
|
$101.22 Million |
|
Chateau International Development Co Ltd
TW:2722
|
$101.04 Million |
|
Kestrel Group, Ltd.
NYSE:KG
|
$100.95 Million |
|
Marvipol S.A.
WAR:MVP
|
$100.88 Million |
|
Nava Nakorn Public Company Limited
BK:NNCL
|
$100.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FCW Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 254,511,000 to 268,262,000, a change of 13,751,000 (5.4%).
- Net income of 18,751,000 contributed positively to equity growth.
- Dividend payments of 5,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM18.75 Million | +6.99% |
| Dividends Paid | RM5.00 Million | -1.86% |
| Total Change | RM- | 5.40% |
Book Value vs Market Value Analysis
This analysis compares FCW 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: 1.50x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.84x to 1.50x 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 | RM0.88 | RM1.61 | x |
| 2017-06-30 | RM0.68 | RM1.61 | x |
| 2018-06-30 | RM0.68 | RM1.61 | x |
| 2019-06-30 | RM0.59 | RM1.61 | x |
| 2020-06-30 | RM0.66 | RM1.61 | x |
| 2021-06-30 | RM0.73 | RM1.61 | x |
| 2022-06-30 | RM0.82 | RM1.61 | x |
| 2023-06-30 | RM0.91 | RM1.61 | x |
| 2024-06-30 | RM1.02 | RM1.61 | x |
| 2025-06-30 | RM1.07 | RM1.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FCW 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): 6.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 71.52%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.50x
- Recent ROE (6.99%) is above the historical average (6.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.01% | 16.61% | 0.10x | 1.26x | RM-17.50 Million |
| 2017 | 0.49% | 3.10% | 0.12x | 1.35x | RM-16.16 Million |
| 2018 | -0.60% | -3.18% | 0.14x | 1.34x | RM-17.90 Million |
| 2019 | 2.39% | 12.13% | 0.15x | 1.30x | RM-11.22 Million |
| 2020 | 11.55% | 90.33% | 0.11x | 1.14x | RM2.57 Million |
| 2021 | 9.04% | 62.98% | 0.14x | 1.06x | RM-1.74 Million |
| 2022 | 11.71% | 83.51% | 0.14x | 1.03x | RM3.51 Million |
| 2023 | 9.07% | 95.00% | 0.09x | 1.03x | RM-2.10 Million |
| 2024 | 9.54% | 85.27% | 0.11x | 1.02x | RM-1.16 Million |
| 2025 | 6.99% | 71.52% | 0.07x | 1.50x | RM-8.08 Million |
Industry Comparison
This section compares FCW Holdings Bhd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $218,421,597
- Average return on equity (ROE) among peers: -8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FCW Holdings Bhd (2755) | RM267.76 Million | 2.01% | 0.50x | $101.05 Million |
| Oceancash Pacific Bhd (0049) | $32.45 Million | 1.46% | 0.71x | $8.51 Million |
| Sedania Innovator Bhd (0178) | $15.32 Million | -66.84% | 1.68x | $9.63 Million |
| NTPM Holdings Bhd (5066) | $520.80 Million | 5.47% | 1.03x | $56.39 Million |
| Esthetics International Group (5081) | $172.82 Million | 0.77% | 0.40x | $11.31 Million |
| Karex Berhad (5247) | $498.14 Million | 5.61% | 0.19x | $126.95 Million |
| Eng Kah Corporation Bhd (7149) | $71.00 Million | 4.23% | 0.21x | $6.20 Million |
About FCW Holdings Bhd
FCW Holdings Berhad, an investment holding company, engages in the contract manufacturing and property development businesses in Malaysia and internationally. It is involved in processing and wholesaling of pharmaceuticals, cosmetics, toiletries, and other related products. The company also constructs and develops residential and commercial properties; and offers property investment, leasing, and… Read more