EcoFirst Consolidated Bhd (3557) - Net Assets

Latest as of May 2026: RM567.89 Million MYR ≈ $142.58 Million USD

Based on the latest financial reports, EcoFirst Consolidated Bhd (3557) has net assets worth RM567.89 Million MYR (≈ $142.58 Million USD) as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM979.84 Million ≈ $246.01 Million USD) and total liabilities (RM411.95 Million ≈ $103.43 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 how strategically is EcoFirst Consolidated Bhd's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM567.89 Million
% of Total Assets	57.96%
Annual Growth Rate	10.3%
5-Year Change	17.89%
10-Year Change	115.54%
Growth Volatility	6.99

EcoFirst Consolidated Bhd - Net Assets Trend (2012–2026)

This chart illustrates how EcoFirst Consolidated Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see EcoFirst Consolidated Bhd stock valuation.

Annual Net Assets for EcoFirst Consolidated Bhd (2012–2026)

The table below shows the annual net assets of EcoFirst Consolidated Bhd from 2012 to 2026. Also explore how fast is EcoFirst Consolidated Bhd growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-05-31	RM567.89 Million ≈ $142.58 Million	+6.84%
2025-05-31	RM531.52 Million ≈ $133.45 Million	+2.41%
2024-05-31	RM518.99 Million ≈ $130.30 Million	+1.68%
2023-05-31	RM510.44 Million ≈ $128.15 Million	+5.97%
2022-05-31	RM481.70 Million ≈ $120.94 Million	+26.55%
2021-05-31	RM380.63 Million ≈ $95.56 Million	+9.64%
2020-05-31	RM347.16 Million ≈ $87.16 Million	+4.78%
2019-05-31	RM331.31 Million ≈ $83.18 Million	+6.30%
2018-05-31	RM311.69 Million ≈ $78.25 Million	+18.30%
2017-05-31	RM263.47 Million ≈ $66.15 Million	+14.41%
2016-05-31	RM230.30 Million ≈ $57.82 Million	+4.68%
2015-05-31	RM220.00 Million ≈ $55.23 Million	+12.82%
2014-05-31	RM195.00 Million ≈ $48.96 Million	+18.90%
2013-05-31	RM164.00 Million ≈ $41.17 Million	+13.89%
2012-05-31	RM144.00 Million ≈ $36.15 Million	--

Equity Component Analysis

This analysis shows how different components contribute to EcoFirst Consolidated 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (May 2026)

Component	Amount	Percentage
Other Components	RM553.05 Million	100.00%
Total Equity	RM553.05 Million	100.00%

EcoFirst Consolidated Bhd Competitors by Market Cap

The table below lists competitors of EcoFirst Consolidated Bhd ranked by their market capitalization.

Company	Market Cap
Icon Group TA:ICON	$97.65 Million
Desa Deri Sanayi ve Ticaret AS IS:DESA	$97.68 Million
Smartphoto Group NV BR:SMAR	$97.71 Million
Synergy Green Industries Limited NSE:SGIL	$97.75 Million
Kortek Corporation KQ:052330	$97.55 Million
Acconeer AB ST:ACCON	$97.51 Million
Chasys KO:033250	$97.48 Million
SD Standard Drilling PLC OL:SDSD	$97.41 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in EcoFirst Consolidated Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 531,522,000 to 553,051,000, a change of 21,529,000 (4.1%).
Net income of 16,164,000 contributed positively to equity growth.
New share issuances of 5,353,000 increased equity.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	RM16.16 Million	+2.92%
Share Issuances	RM5.35 Million	+0.97%
Other Changes	RM12.00K	+0.0%
Total Change	RM-	4.05%

Book Value vs Market Value Analysis

This analysis compares EcoFirst Consolidated 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: 0.70x
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 1.10x to 0.70x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-05-31	RM0.30	RM0.33	x
2017-05-31	RM0.33	RM0.33	x
2018-05-31	RM0.39	RM0.33	x
2019-05-31	RM0.42	RM0.33	x
2020-05-31	RM0.44	RM0.33	x
2021-05-31	RM0.45	RM0.33	x
2022-05-31	RM0.41	RM0.33	x
2023-05-31	RM0.42	RM0.33	x
2024-05-31	RM0.44	RM0.33	x
2025-05-31	RM0.46	RM0.33	x
2026-05-31	RM0.47	RM0.33	x

Capital Efficiency Dashboard

This dashboard shows how efficiently EcoFirst Consolidated 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): 2.92%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.20%
• Asset Turnover: 0.32x
• Equity Multiplier: 1.77x
Recent ROE (2.92%) is below the historical average (4.94%), 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	7.03%	13.37%	0.23x	2.30x	RM-6.83 Million
2017	6.12%	12.68%	0.17x	2.87x	RM-10.22 Million
2018	14.85%	25.53%	0.25x	2.30x	RM15.13 Million
2019	6.83%	10.22%	0.31x	2.13x	RM-10.52 Million
2020	4.92%	11.39%	0.21x	2.04x	RM-17.63 Million
2021	3.68%	33.06%	0.06x	1.88x	RM-24.05 Million
2022	-2.04%	-40.96%	0.03x	1.99x	RM-58.01 Million
2023	2.81%	45.66%	0.03x	1.85x	RM-36.68 Million
2024	2.47%	7.89%	0.16x	2.01x	RM-39.07 Million
2025	4.68%	5.48%	0.47x	1.83x	RM-28.26 Million
2026	2.92%	5.20%	0.32x	1.77x	RM-39.14 Million

Industry Comparison

This section compares EcoFirst Consolidated Bhd's net assets metrics with peer companies in the Real Estate - Diversified industry.

Industry Context

Industry: Real Estate - Diversified
Average net assets among peers: $747,123,004
Average return on equity (ROE) among peers: -1.17%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
EcoFirst Consolidated Bhd (3557)	RM567.89 Million	7.03%	0.73x	$97.64 Million
Tanco Holdings Bhd (2429)	$177.00 Million	-16.38%	0.64x	$264.74 Million
Amalgamated Industrial Steel Berhad (2682)	$131.01 Million	-3.05%	0.25x	$8.87 Million
Asian Pac Holdings Bhd (4057)	$1.09 Billion	4.42%	0.87x	$44.86 Million
Glomac Bhd (5020)	$1.09 Billion	1.35%	0.74x	$59.73 Million
Ibraco Bhd (5084)	$395.50 Million	8.83%	0.98x	$138.47 Million
Ivory Properties Group Bhd (5175)	$379.00 Million	3.96%	1.46x	$615.21K
Tambun Indah Land Bhd (5191)	$807.88 Million	5.18%	0.12x	$79.41 Million
Eco World International Bhd (5283)	$2.54 Billion	-3.44%	0.07x	$111.47 Million
Farlim Group (Malaysia) Bhd (6041)	$105.00 Million	-11.43%	0.29x	$5.96 Million

About EcoFirst Consolidated Bhd

KLSE:3557 Malaysia Real Estate - Diversified

Market Cap

$97.64 Million

RM388.89 Million MYR

Market Cap Rank

#19361 Global

#334 in Malaysia

Share Price

RM0.33

Change (1 day)

+0.00%

52-Week Range

RM0.28 - RM0.39

All Time High

RM0.61