Insas Bhd (3379) - Net Assets
Based on the latest financial reports, Insas Bhd (3379) has net assets worth RM2.67 Billion MYR (≈ $671.52 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 (RM3.34 Billion ≈ $837.97 Million USD) and total liabilities (RM662.95 Million ≈ $166.45 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 3379 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM2.67 Billion |
| % of Total Assets | 80.14% |
| Annual Growth Rate | 8.01% |
| 5-Year Change | 33.61% |
| 10-Year Change | 95.95% |
| Growth Volatility | 4.98 |
Insas Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Insas Bhd's net assets have evolved over time, based on quarterly financial data. See how many days can Insas Bhd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Insas Bhd (2012–2025)
The table below shows the annual net assets of Insas Bhd from 2012 to 2025. For live valuation and market cap data, see Insas Bhd (3379) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM2.64 Billion ≈ $663.99 Million |
+1.10% |
| 2024-06-30 | RM2.62 Billion ≈ $656.74 Million |
+4.62% |
| 2023-06-30 | RM2.50 Billion ≈ $627.72 Million |
+14.00% |
| 2022-06-30 | RM2.19 Billion ≈ $550.65 Million |
+10.80% |
| 2021-06-30 | RM1.98 Billion ≈ $496.97 Million |
+12.92% |
| 2020-06-30 | RM1.75 Billion ≈ $440.11 Million |
+0.78% |
| 2019-06-30 | RM1.74 Billion ≈ $436.70 Million |
+5.51% |
| 2018-06-30 | RM1.65 Billion ≈ $413.90 Million |
+6.08% |
| 2017-06-30 | RM1.55 Billion ≈ $390.20 Million |
+15.15% |
| 2016-06-30 | RM1.35 Billion ≈ $338.86 Million |
+6.19% |
| 2015-06-30 | RM1.27 Billion ≈ $319.11 Million |
+5.65% |
| 2014-06-30 | RM1.20 Billion ≈ $302.03 Million |
+16.46% |
| 2013-06-30 | RM1.03 Billion ≈ $259.35 Million |
+6.39% |
| 2012-06-30 | RM971.00 Million ≈ $243.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Insas 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 168.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.57 Billion | 63.55% |
| Common Stock | RM873.93 Million | 35.40% |
| Other Comprehensive Income | RM35.47 Million | 1.44% |
| Total Equity | RM2.47 Billion | 100.00% |
Insas Bhd Competitors by Market Cap
The table below lists competitors of Insas Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Simmtech Holdings Co. Ltd
KQ:036710
|
$149.80 Million |
|
IG Petrochemicals Limited
NSE:IGPL
|
$149.88 Million |
|
Grand Canal Land Public Company Limited
BK:GLAND
|
$149.92 Million |
|
Generation Mining Ltd
TO:GENM
|
$149.97 Million |
|
SOTKAMO SILVER AB NAM.
F:VSO
|
$149.60 Million |
|
Al-Bad Massuot Yitzhak Ltd
TA:ALBA
|
$149.58 Million |
|
TGE Value Creative Solutions Corp
NYSE:BEBE
|
$149.55 Million |
|
Marti Technologies Inc.
NYSE:MRT
|
$149.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Insas Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,432,816,000 to 2,468,729,000, a change of 35,913,000 (1.5%).
- Net income of 93,932,000 contributed positively to equity growth.
- Dividend payments of 16,578,000 reduced retained earnings.
- Share repurchases of 148,000 reduced equity.
- New share issuances of 148,000 increased equity.
- Other comprehensive income decreased equity by 29,187,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM93.93 Million | +3.8% |
| Dividends Paid | RM16.58 Million | -0.67% |
| Share Repurchases | RM148.00K | -0.01% |
| Share Issuances | RM148.00K | +0.01% |
| Other Comprehensive Income | RM-29.19 Million | -1.18% |
| Other Changes | RM-12.25 Million | -0.5% |
| Total Change | RM- | 1.48% |
Book Value vs Market Value Analysis
This analysis compares Insas 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: 0.24x
- 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 0.42x to 0.24x 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 | RM2.04 | RM0.86 | x |
| 2017-06-30 | RM2.34 | RM0.86 | x |
| 2018-06-30 | RM2.49 | RM0.86 | x |
| 2019-06-30 | RM2.62 | RM0.86 | x |
| 2020-06-30 | RM2.64 | RM0.86 | x |
| 2021-06-30 | RM2.99 | RM0.86 | x |
| 2022-06-30 | RM3.29 | RM0.86 | x |
| 2023-06-30 | RM3.53 | RM0.86 | x |
| 2024-06-30 | RM3.53 | RM0.86 | x |
| 2025-06-30 | RM3.58 | RM0.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Insas 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): 3.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.25%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.28x
- Recent ROE (3.80%) is below the historical average (6.37%), 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 | 5.73% | 28.37% | 0.14x | 1.41x | RM-57.59 Million |
| 2017 | 11.65% | 52.04% | 0.16x | 1.42x | RM25.59 Million |
| 2018 | 5.49% | 26.51% | 0.15x | 1.35x | RM-74.32 Million |
| 2019 | 4.70% | 38.60% | 0.09x | 1.34x | RM-92.10 Million |
| 2020 | 0.85% | 7.53% | 0.09x | 1.29x | RM-160.43 Million |
| 2021 | 13.01% | 90.17% | 0.12x | 1.25x | RM59.62 Million |
| 2022 | 9.81% | 99.42% | 0.08x | 1.23x | RM-4.26 Million |
| 2023 | 5.24% | 56.61% | 0.07x | 1.29x | RM-111.47 Million |
| 2024 | 3.40% | 28.33% | 0.09x | 1.29x | RM-160.64 Million |
| 2025 | 3.80% | 38.25% | 0.08x | 1.28x | RM-152.94 Million |
Industry Comparison
This section compares Insas Bhd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $535,717,869
- Average return on equity (ROE) among peers: 9.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Insas Bhd (3379) | RM2.67 Billion | 5.73% | 0.25x | $149.74 Million |
| Mercury Securities Group Berhad (0285) | $116.39 Million | 14.78% | 0.50x | $58.29 Million |
| Apex Equity Holdings Bhd (5088) | $321.18 Million | 1.99% | 0.11x | $38.61 Million |
| Hong Leong Capital Bhd (5274) | $944.99 Million | 7.67% | 3.53x | $187.07 Million |
| K N Kenanga Holdings Bhd (6483) | $1.06 Billion | 11.22% | 5.08x | $125.21 Million |
| M & A EQUITY HOLDINGS BERHAD (7082) | $241.00 Million | 10.37% | 0.77x | $100.42 Million |
About Insas Bhd
Insas Berhad, an investment holding company, trades in securities in Malaysia, Singapore, and internationally. It operates through Financial Services and Credit and Leasing; Investment Holding and Trading; Technology and IT-related Manufacturing, Trading and Services; Manufacturing and Distribution of Consumer Products and Services, Retail Trading and Car Rental; and Property Investment and Devel… Read more