IJM Corporation Bhd (3336) - Net Assets
Based on the latest financial reports, IJM Corporation Bhd (3336) has net assets worth RM10.30 Billion MYR (≈ $2.59 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM22.81 Billion ≈ $5.73 Billion USD) and total liabilities (RM12.51 Billion ≈ $3.14 Billion 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 how resilient are IJM Corporation Bhd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM10.30 Billion |
| % of Total Assets | 45.16% |
| Annual Growth Rate | 3.73% |
| 5-Year Change | 4.71% |
| 10-Year Change | 25.5% |
| Growth Volatility | 6.96 |
IJM Corporation Bhd - Net Assets Trend (2013–2025)
This chart illustrates how IJM Corporation Bhd's net assets have evolved over time, based on quarterly financial data. Also explore IJM Corporation Bhd assets under control for the complete picture of this company's asset base.
Annual Net Assets for IJM Corporation Bhd (2013–2025)
The table below shows the annual net assets of IJM Corporation Bhd from 2013 to 2025. For live valuation and market cap data, see IJM Corporation Bhd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM11.33 Billion ≈ $2.84 Billion |
+0.11% |
| 2024-03-31 | RM11.32 Billion ≈ $2.84 Billion |
+3.26% |
| 2023-03-31 | RM10.96 Billion ≈ $2.75 Billion |
-4.36% |
| 2022-03-31 | RM11.46 Billion ≈ $2.88 Billion |
+5.91% |
| 2021-03-31 | RM10.82 Billion ≈ $2.72 Billion |
+3.54% |
| 2020-03-31 | RM10.45 Billion ≈ $2.62 Billion |
+2.60% |
| 2019-03-31 | RM10.19 Billion ≈ $2.56 Billion |
+8.98% |
| 2018-03-31 | RM9.35 Billion ≈ $2.35 Billion |
-0.07% |
| 2017-03-31 | RM9.35 Billion ≈ $2.35 Billion |
+3.59% |
| 2016-03-31 | RM9.03 Billion ≈ $2.27 Billion |
-5.72% |
| 2015-03-31 | RM9.58 Billion ≈ $2.40 Billion |
+6.99% |
| 2014-03-31 | RM8.95 Billion ≈ $2.25 Billion |
+22.57% |
| 2013-03-31 | RM7.30 Billion ≈ $1.83 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to IJM Corporation 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 41.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM4.47 Billion | 40.13% |
| Common Stock | RM6.13 Billion | 55.11% |
| Other Components | RM529.76 Million | 4.76% |
| Total Equity | RM11.13 Billion | 100.00% |
IJM Corporation Bhd Competitors by Market Cap
The table below lists competitors of IJM Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citic Offshore Helicopter Co Ltd
SHE:000099
|
$2.07 Billion |
|
BM EUROP.UNSP.ADR /4
F:BMNU
|
$2.07 Billion |
|
Harbin Electric
F:HP6H
|
$2.07 Billion |
|
REMY UNSP.ADR 1/10/EO 16
F:RMC0
|
$2.07 Billion |
|
Compania Cervecerias Unidas SA ADR
NYSE:CCU
|
$2.07 Billion |
|
Vanchip (Tianjin) Technology Co. Ltd. A
SHG:688153
|
$2.07 Billion |
|
Shenzhen Topband Co Ltd
SHE:002139
|
$2.07 Billion |
|
Wuxi Paike New Materials Technology Co Ltd
SHG:605123
|
$2.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IJM Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,064,289,000 to 11,127,361,000, a change of 63,072,000 (0.6%).
- Net income of 453,365,000 contributed positively to equity growth.
- Dividend payments of 280,493,000 reduced retained earnings.
- Share repurchases of 1,910,000 reduced equity.
- Other comprehensive income decreased equity by 824,780,000.
- Other factors increased equity by 716,890,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM453.37 Million | +4.07% |
| Dividends Paid | RM280.49 Million | -2.52% |
| Share Repurchases | RM1.91 Million | -0.02% |
| Other Comprehensive Income | RM-824.78 Million | -7.41% |
| Other Changes | RM716.89 Million | +6.44% |
| Total Change | RM- | 0.57% |
Book Value vs Market Value Analysis
This analysis compares IJM Corporation 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: 0.74x
- 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 0.91x to 0.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM2.59 | RM2.35 | x |
| 2018-03-31 | RM2.58 | RM2.35 | x |
| 2019-03-31 | RM2.81 | RM2.35 | x |
| 2020-03-31 | RM2.88 | RM2.35 | x |
| 2021-03-31 | RM2.99 | RM2.35 | x |
| 2022-03-31 | RM3.01 | RM2.35 | x |
| 2023-03-31 | RM3.04 | RM2.35 | x |
| 2024-03-31 | RM3.15 | RM2.35 | x |
| 2025-03-31 | RM3.17 | RM2.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IJM Corporation 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): 4.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.25%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.96x
- Recent ROE (4.07%) is below the historical average (4.96%), 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 | 8.79% | 15.47% | 0.26x | 2.20x | RM-109.25 Million |
| 2017 | 6.99% | 10.78% | 0.29x | 2.22x | RM-281.49 Million |
| 2018 | 3.71% | 5.81% | 0.28x | 2.27x | RM-588.00 Million |
| 2019 | 4.11% | 7.41% | 0.25x | 2.26x | RM-599.66 Million |
| 2020 | 2.40% | 3.79% | 0.28x | 2.24x | RM-794.49 Million |
| 2021 | 4.44% | 10.25% | 0.20x | 2.17x | RM-601.66 Million |
| 2022 | 7.80% | 19.08% | 0.21x | 1.95x | RM-237.11 Million |
| 2023 | 1.48% | 3.46% | 0.22x | 1.92x | RM-910.88 Million |
| 2024 | 5.85% | 10.93% | 0.28x | 1.93x | RM-459.46 Million |
| 2025 | 4.07% | 7.25% | 0.29x | 1.96x | RM-659.37 Million |
Industry Comparison
This section compares IJM Corporation Bhd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $3,506,273,806
- Average return on equity (ROE) among peers: -11.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IJM Corporation Bhd (3336) | RM10.30 Billion | 8.79% | 1.21x | $2.07 Billion |
| Digistar Corporation Bhd (0029) | $62.45 Million | -3.89% | 3.98x | $5.51 Million |
| Key Alliance Group Bhd (0036) | $88.04 Million | -16.42% | 0.25x | $2.15 Million |
| MSCM Holdings Bhd (0041) | $372.64 Million | -8.46% | 0.12x | $14.11 Million |
| Asdion Bhd (0068) | $3.96 Million | -124.18% | 2.66x | $3.21 Million |
| EA Holdings Bhd (0154) | $107.05 Million | -13.61% | 0.15x | $8.10 Million |
| Sports Toto Berhad (1562) | $746.69 Million | 31.23% | 2.52x | $430.06 Million |
| Batu Kawan Bhd (1899) | $6.08 Billion | 13.57% | 2.26x | $2.08 Billion |
| Kuala Lumpur Kepong Bhd (2445) | $16.14 Billion | 5.17% | 0.87x | $5.93 Billion |
| Hap Seng Consolidated Bhd (3034) | $9.27 Billion | 8.63% | 1.01x | $1.83 Billion |
| Berjaya Assets Bhd (3239) | $2.18 Billion | -3.73% | 0.61x | $189.48 Million |
About IJM Corporation Bhd
IJM Corporation Berhad engages in the construction business in Malaysia, India, and the United Kingdom. It operates through Construction, Property Development, Manufacturing and Quarrying, Infrastructure " Tollway, and Infrastructure - Port segments. The company offers civil engineering works; commercial and cultural complexes, including shopping malls and other public buildings; restoration and … Read more