CI Holdings Bhd
C.I. Holdings Berhad, an investment holding company, engages in manufacturing, selling, and packing various types of edible oils in Malaysia, Africa, Asia, and internationally. It operates through, Edible Oil, Investment holding segments. The company offers a range of vegetable-based oils comprising RBD palm olein, palm oil, soybean oil, canola oil, sunflower oil, corn oil, soft oils, and coconut… Read more
CI Holdings Bhd (2828) - Net Assets
Latest net assets as of December 2025: RM479.29 Million MYR
Based on the latest financial reports, CI Holdings Bhd (2828) has net assets worth RM479.29 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.41 Billion) and total liabilities (RM929.83 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 | RM479.29 Million |
| % of Total Assets | 34.01% |
| Annual Growth Rate | 11.62% |
| 5-Year Change | 73.65% |
| 10-Year Change | 180.96% |
| Growth Volatility | 7.27 |
CI Holdings Bhd - Net Assets Trend (2012–2025)
This chart illustrates how CI Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CI Holdings Bhd (2012–2025)
The table below shows the annual net assets of CI Holdings Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM488.53 Million | +7.41% |
| 2024-06-30 | RM454.81 Million | +10.84% |
| 2023-06-30 | RM410.32 Million | +24.80% |
| 2022-06-30 | RM328.79 Million | +16.87% |
| 2021-06-30 | RM281.33 Million | +23.57% |
| 2020-06-30 | RM227.66 Million | +8.21% |
| 2019-06-30 | RM210.39 Million | -0.36% |
| 2018-06-30 | RM211.15 Million | +9.44% |
| 2017-06-30 | RM192.95 Million | +10.97% |
| 2016-06-30 | RM173.88 Million | +11.46% |
| 2015-06-30 | RM156.00 Million | +14.71% |
| 2014-06-30 | RM136.00 Million | +16.24% |
| 2013-06-30 | RM117.00 Million | 0.00% |
| 2012-06-30 | RM117.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CI 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 400.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM393.89 Million | 80.63% |
| Common Stock | RM95.15 Million | 19.48% |
| Total Equity | RM488.53 Million | 100.00% |
CI Holdings Bhd Competitors by Market Cap
The table below lists competitors of CI Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tamar Petroleum Ltd
TA:TMRP
|
$8.71 Million |
|
Taihan Textile
KO:001070
|
$8.71 Million |
|
Topmix Berhad
KLSE:0302
|
$8.71 Million |
|
DelphX Capital Markets Inc
OTCQB:DPXCF
|
$8.71 Million |
|
Camber Energy, Inc.
OTCQB:CEIN
|
$8.70 Million |
|
Great Southern Mining Ltd
AU:GSN
|
$8.70 Million |
|
Aston Bay Holdings Ltd
OTCQB:ATBHF
|
$8.70 Million |
|
Poolia AB (publ)
ST:POOL-B
|
$8.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CI Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 454,805,000 to 488,528,000, a change of 33,723,000 (7.4%).
- Net income of 67,747,000 contributed positively to equity growth.
- Dividend payments of 32,400,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM67.75 Million | +13.87% |
| Dividends Paid | RM32.40 Million | -6.63% |
| Other Changes | RM-1.62 Million | -0.33% |
| Total Change | RM- | 7.41% |
Book Value vs Market Value Analysis
This analysis compares CI 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: 0.85x
- 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 2.38x to 0.85x 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 | RM1.07 | RM2.55 | x |
| 2017-06-30 | RM1.19 | RM2.55 | x |
| 2018-06-30 | RM1.30 | RM2.55 | x |
| 2019-06-30 | RM1.30 | RM2.55 | x |
| 2020-06-30 | RM1.41 | RM2.55 | x |
| 2021-06-30 | RM1.74 | RM2.55 | x |
| 2022-06-30 | RM2.03 | RM2.55 | x |
| 2023-06-30 | RM2.53 | RM2.55 | x |
| 2024-06-30 | RM2.81 | RM2.55 | x |
| 2025-06-30 | RM3.02 | RM2.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CI 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): 13.87%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.42%
- • Asset Turnover: 3.29x
- • Equity Multiplier: 2.98x
- Recent ROE (13.87%) is below the historical average (16.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.30% | 2.04% | 3.09x | 2.43x | RM9.22 Million |
| 2017 | 14.03% | 1.24% | 3.28x | 3.44x | RM7.77 Million |
| 2018 | 14.73% | 1.20% | 4.42x | 2.79x | RM9.99 Million |
| 2019 | 9.05% | 0.84% | 3.96x | 2.73x | RM-2.00 Million |
| 2020 | 13.23% | 1.17% | 3.20x | 3.54x | RM7.35 Million |
| 2021 | 24.87% | 2.22% | 3.70x | 3.02x | RM41.83 Million |
| 2022 | 20.22% | 1.64% | 3.52x | 3.50x | RM33.61 Million |
| 2023 | 24.48% | 1.88% | 4.39x | 2.97x | RM59.41 Million |
| 2024 | 15.10% | 1.77% | 3.70x | 2.30x | RM23.18 Million |
| 2025 | 13.87% | 1.42% | 3.29x | 2.98x | RM18.89 Million |
Industry Comparison
This section compares CI Holdings Bhd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $67,521,143
- Average return on equity (ROE) among peers: 15.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CI Holdings Bhd (2828) | RM479.29 Million | 15.30% | 1.94x | $8.71 Million |
| Three A Resources Bhd (0012) | $69.82 Million | 14.48% | 0.75x | $21.07 Million |
| Sunzen Biotech Bhd (0148) | $97.23 Million | -0.13% | 0.09x | $13.06 Million |
| Bioalpha Holdings Bhd (0179) | $186.67 Million | -0.69% | 0.16x | $3.34 Million |
| Nova Wellness Group Bhd (0201) | $93.94 Million | 15.49% | 0.11x | $3.85 Million |
| SDS Group Bhd (0212) | $38.22 Million | 20.13% | 2.25x | $13.16 Million |
| PTRB (0260) | $36.06 Million | 33.90% | 1.62x | $6.42 Million |
| MYMBN Berhad (0280) | $35.86 Million | 2.72% | 0.27x | $8.98 Million |
| SBH Marine Holdings Berhad (0300) | $77.33 Million | 10.74% | 0.33x | $4.98 Million |
| Sik Cheong Berhad (0316) | $19.96 Million | 30.20% | 0.23x | $1.75 Million |
| OB Holdings Berhad (0327) | $20.10 Million | 23.44% | 0.52x | $3.03 Million |