Heineken Bhd (3255) - Net Assets
Based on the latest financial reports, Heineken Bhd (3255) has net assets worth RM347.43 Million MYR (≈ $87.23 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.23 Billion ≈ $307.59 Million USD) and total liabilities (RM877.70 Million ≈ $220.36 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 Heineken Bhd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM347.43 Million |
| % of Total Assets | 28.36% |
| Annual Growth Rate | 2.44% |
| 5-Year Change | 34.15% |
| 10-Year Change | 35.22% |
| Growth Volatility | 9.84 |
Heineken Bhd - Net Assets Trend (2012–2026)
This chart illustrates how Heineken Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Heineken Bhd market cap and net worth.
Annual Net Assets for Heineken Bhd (2012–2026)
The table below shows the annual net assets of Heineken Bhd from 2012 to 2026. Also explore net asset growth rate of Heineken Bhd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | RM530.80 Million ≈ $133.27 Million |
-1.58% |
| 2025-06-30 | RM539.34 Million ≈ $135.41 Million |
+17.59% |
| 2024-06-30 | RM458.67 Million ≈ $115.16 Million |
-6.10% |
| 2023-06-30 | RM488.45 Million ≈ $122.63 Million |
+23.45% |
| 2022-06-30 | RM395.68 Million ≈ $99.34 Million |
+13.25% |
| 2021-06-30 | RM349.38 Million ≈ $87.72 Million |
-11.35% |
| 2020-06-30 | RM394.10 Million ≈ $98.95 Million |
+6.18% |
| 2019-06-30 | RM371.15 Million ≈ $93.18 Million |
+2.95% |
| 2018-06-30 | RM360.51 Million ≈ $90.51 Million |
-8.16% |
| 2017-06-30 | RM392.56 Million ≈ $98.56 Million |
+4.40% |
| 2015-06-30 | RM376.00 Million ≈ $94.40 Million |
+5.32% |
| 2014-06-30 | RM357.00 Million ≈ $89.63 Million |
-2.46% |
| 2013-06-30 | RM366.00 Million ≈ $91.89 Million |
-3.43% |
| 2012-06-30 | RM379.00 Million ≈ $95.15 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Heineken 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 56.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM377.82 Million | 71.18% |
| Common Stock | RM151.05 Million | 28.46% |
| Other Comprehensive Income | RM1.93 Million | 0.36% |
| Total Equity | RM530.80 Million | 100.00% |
Heineken Bhd Competitors by Market Cap
The table below lists competitors of Heineken Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Growthpoint Properties Australia
AU:GOZ
|
$1.08 Billion |
|
Deluxe Corporation
NYSE:DLX
|
$1.08 Billion |
|
ASA Gold and Precious Metals Ltd
NYSE:ASA
|
$1.08 Billion |
|
Société de Services de Participations de Direction et d'Elaboration
BR:SPA
|
$1.08 Billion |
|
Procept Biorobotics Corp
NASDAQ:PRCT
|
$1.08 Billion |
|
Auto Partner SA
WAR:APR
|
$1.08 Billion |
|
180 Life Sciences Corp
NASDAQ:ATNF
|
$1.08 Billion |
|
MAP Aktif Adiperkasa Tbk PT
JK:MAPA
|
$1.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heineken Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 539,338,000 to 530,797,000, a change of -8,541,000 (-1.6%).
- Net income of 459,344,000 contributed positively to equity growth.
- Dividend payments of 468,252,000 reduced retained earnings.
- Other comprehensive income increased equity by 367,001.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM459.34 Million | +86.54% |
| Dividends Paid | RM468.25 Million | -88.22% |
| Other Comprehensive Income | RM367.00K | +0.07% |
| Other Changes | RM-1.00 | -0.0% |
| Total Change | RM- | -1.58% |
Book Value vs Market Value Analysis
This analysis compares Heineken 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: 8.09x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 10.94x to 8.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | RM1.30 | RM14.22 | x |
| 2018-06-30 | RM1.19 | RM14.22 | x |
| 2019-06-30 | RM1.23 | RM14.22 | x |
| 2020-06-30 | RM1.30 | RM14.22 | x |
| 2021-06-30 | RM1.16 | RM14.22 | x |
| 2022-06-30 | RM1.31 | RM14.22 | x |
| 2023-06-30 | RM1.62 | RM14.22 | x |
| 2024-06-30 | RM1.52 | RM14.22 | x |
| 2025-06-30 | RM1.79 | RM14.22 | x |
| 2026-06-30 | RM1.76 | RM14.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heineken 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): 86.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.41%
- • Asset Turnover: 2.09x
- • Equity Multiplier: 2.53x
- Recent ROE (86.54%) is above the historical average (80.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 108.84% | 15.20% | 3.45x | 2.07x | RM388.00 Million |
| 2018 | 74.91% | 13.99% | 2.22x | 2.41x | RM234.01 Million |
| 2019 | 76.12% | 13.92% | 2.16x | 2.53x | RM245.41 Million |
| 2020 | 79.41% | 13.49% | 2.11x | 2.79x | RM273.56 Million |
| 2021 | 44.13% | 8.75% | 1.68x | 3.00x | RM119.26 Million |
| 2022 | 62.09% | 12.41% | 1.82x | 2.75x | RM206.11 Million |
| 2023 | 84.52% | 14.46% | 2.03x | 2.88x | RM363.98 Million |
| 2024 | 101.76% | 16.69% | 2.24x | 2.72x | RM420.88 Million |
| 2025 | 86.54% | 16.69% | 2.19x | 2.37x | RM412.82 Million |
| 2026 | 86.54% | 16.41% | 2.09x | 2.53x | RM406.26 Million |
Industry Comparison
This section compares Heineken Bhd's net assets metrics with peer companies in the Beverages - Brewers industry.
Industry Context
- Industry: Beverages - Brewers
- Average net assets among peers: $154,117,000
- Average return on equity (ROE) among peers: 205.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heineken Bhd (3255) | RM347.43 Million | 108.84% | 2.53x | $1.08 Billion |
| Carlsberg Brewery Malaysia Bhd (2836) | $154.12 Million | 205.72% | 5.87x | $950.33 Million |
About Heineken Bhd
Heineken Malaysia Berhad, together with its subsidiaries, engages in production, packaging, marketing, and distribution of alcoholic beverages primarily in Malaysia. It offers beers under the Heineken, Tiger, Guinness, Anchor, Edelweiss, and Kilkenny brand names; ciders under the Apple Fox brand name; shandy under the Anglia brand name; and non-alcoholic malt beverage under the Malta brand name. … Read more