Paragon Globe Bhd (3611) - Net Assets
Based on the latest financial reports, Paragon Globe Bhd (3611) has net assets worth RM420.17 Million MYR (≈ $105.49 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM805.00 Million ≈ $202.11 Million USD) and total liabilities (RM384.82 Million ≈ $96.62 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. Also explore 3611 total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM420.17 Million |
| % of Total Assets | 52.2% |
| Annual Growth Rate | 6.67% |
| 5-Year Change | 69.48% |
| 10-Year Change | N/A |
| Growth Volatility | 13.14 |
Paragon Globe Bhd - Net Assets Trend (2016–2024)
This chart illustrates how Paragon Globe Bhd's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Paragon Globe Bhd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Paragon Globe Bhd (2016–2024)
The table below shows the annual net assets of Paragon Globe Bhd from 2016 to 2024. For live valuation and market cap data, see market cap of Paragon Globe Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM403.71 Million ≈ $101.36 Million |
+35.21% |
| 2023-12-31 | RM298.59 Million ≈ $74.97 Million |
-0.25% |
| 2022-12-31 | RM299.33 Million ≈ $75.15 Million |
+1.34% |
| 2021-12-31 | RM295.38 Million ≈ $74.16 Million |
+24.00% |
| 2020-12-31 | RM238.21 Million ≈ $59.81 Million |
-0.76% |
| 2019-12-31 | RM240.03 Million ≈ $60.26 Million |
+0.45% |
| 2018-12-31 | RM238.95 Million ≈ $59.99 Million |
-1.16% |
| 2017-12-31 | RM241.76 Million ≈ $60.70 Million |
+0.35% |
| 2016-12-31 | RM240.91 Million ≈ $60.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Paragon Globe 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 282.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM144.49 Million | 35.79% |
| Common Stock | RM259.22 Million | 64.21% |
| Total Equity | RM403.71 Million | 100.00% |
Paragon Globe Bhd Competitors by Market Cap
The table below lists competitors of Paragon Globe Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magnate Technology Co Ltd
TWO:4541
|
$140.66 Million |
|
Everest Textile Co Ltd
TW:1460
|
$140.67 Million |
|
K2 Capital Acquisition Corporation
NASDAQ:KTWO
|
$140.70 Million |
|
HUHUTECH International Group Inc. Ordinary Shares
NASDAQ:HUHU
|
$140.73 Million |
|
Onde SA
WAR:OND
|
$140.58 Million |
|
Long Bon International Co Ltd
TW:2514
|
$140.47 Million |
|
Tongyang
KO:001520
|
$140.46 Million |
|
Beijing Tongtech Co Ltd
SHE:300379
|
$140.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paragon Globe Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 298,090,894 to 403,714,630, a change of 105,623,736 (35.4%).
- Net income of 105,623,740 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM105.62 Million | +26.16% |
| Other Changes | RM-4.00 | -0.0% |
| Total Change | RM- | 35.43% |
Book Value vs Market Value Analysis
This analysis compares Paragon Globe 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: 1.39x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.70x to 1.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.44 | RM0.75 | x |
| 2017-12-31 | RM0.44 | RM0.75 | x |
| 2018-12-31 | RM0.44 | RM0.75 | x |
| 2019-12-31 | RM0.44 | RM0.75 | x |
| 2020-12-31 | RM0.44 | RM0.75 | x |
| 2021-12-31 | RM0.40 | RM0.75 | x |
| 2022-12-31 | RM0.40 | RM0.75 | x |
| 2023-12-31 | RM0.40 | RM0.75 | x |
| 2024-12-31 | RM0.54 | RM0.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paragon Globe 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): 26.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.49%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.93x
- Recent ROE (26.16%) is above the historical average (2.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.67% | 3.81% | 0.17x | 1.02x | RM-22.47 Million |
| 2017 | -0.34% | -4.21% | 0.05x | 1.54x | RM-25.00 Million |
| 2018 | -1.26% | -5.68% | 0.17x | 1.28x | RM-26.90 Million |
| 2019 | 0.74% | 2.38% | 0.27x | 1.16x | RM-22.24 Million |
| 2020 | -0.78% | -8.17% | 0.08x | 1.14x | RM-25.67 Million |
| 2021 | 0.40% | 2.14% | 0.18x | 1.06x | RM-28.36 Million |
| 2022 | 1.32% | 8.30% | 0.13x | 1.22x | RM-25.98 Million |
| 2023 | -0.42% | -2.43% | 0.11x | 1.58x | RM-31.05 Million |
| 2024 | 26.16% | 34.49% | 0.39x | 1.93x | RM65.25 Million |
Industry Comparison
This section compares Paragon Globe Bhd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $657,852,807
- Average return on equity (ROE) among peers: 2.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paragon Globe Bhd (3611) | RM420.17 Million | 0.67% | 0.92x | $140.59 Million |
| Vinvest Capital Holdings Bhd (0069) | $605.85 Million | 0.21% | 0.32x | $3.65 Million |
| Gagasan Nadi Cergas Berhad (0206) | $236.67 Million | 15.96% | 1.42x | $68.06 Million |
| Vestland Berhad (0273) | $35.81 Million | 19.57% | 2.38x | $162.40 Million |
| Global Oriental Bhd (1147) | $450.00 Million | 6.67% | 1.42x | $10.84 Million |
| Pan Malaysia Holdings Bhd (1287) | $28.01 Million | -47.59% | 0.90x | $241.95 Million |
| GuocoLand (Malaysia) Bhd (1503) | $1.33 Billion | 9.14% | 1.39x | $185.02 Million |
| Symphony Life Bhd (1538) | $820.22 Million | 9.53% | 0.79x | $31.45 Million |
| Iskandar Waterfront City Bhd (1589) | $738.52 Million | -0.85% | 0.97x | $53.19 Million |
| Paramount Corporation Bhd (1724) | $1.48 Billion | 7.73% | 1.07x | $156.36 Million |
| Selangor Dredging Bhd (2224) | $849.02 Million | 2.88% | 0.71x | $48.68 Million |
About Paragon Globe Bhd
Paragon Globe Berhad, an investment holding company, invests, develops, and trades in properties in Malaysia. The company operates through three segments: Investments, Property Development, and Construction. It is involved in the construction of buildings, roads, and railways, as well as other specialized construction activities. The company was formerly known as Goh Ban Huat Berhad and changed i… Read more