Fraser Neave Holdings Bhd

KLSE:3689 Malaysia Beverages - Non-Alcoholic
Market Cap
$2.56 Billion
RM11.51 Billion MYR
Market Cap Rank
#6849 Global
#31 in Malaysia
Share Price
RM31.42
Change (1 day)
+0.51%
52-Week Range
RM23.20 - RM36.66
All Time High
RM36.66
Categories
Companies in Malaysia Beverages - Non-Alcoholic
About

Fraser & Neave Holdings Bhd, an investment holding company, primarily engages in the manufacture, sale, trading, and distribution of soft drinks, dairy, and food products in South East Asia, the Middle East, Africa, China, and internationally. It operates through Food & Beverages Malaysia, Food & Beverages Indochina, Property, and Others segments. The company offers condensed, evaporated, sweeten… Read more

Fraser Neave Holdings Bhd (3689) - Net Assets

Latest net assets as of December 2025: RM4.00 Billion MYR

Based on the latest financial reports, Fraser Neave Holdings Bhd (3689) has net assets worth RM4.00 Billion MYR as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM5.85 Billion) and total liabilities (RM1.85 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets RM4.00 Billion
% of Total Assets 68.31%
Annual Growth Rate 6.08%
5-Year Change 37.62%
10-Year Change 95.01%
Growth Volatility 7.06

Fraser Neave Holdings Bhd - Net Assets Trend (2005–2025)

This chart illustrates how Fraser Neave Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Fraser Neave Holdings Bhd (2005–2025)

The table below shows the annual net assets of Fraser Neave Holdings Bhd from 2005 to 2025.

Year Net Assets Change
2025-09-30 RM3.88 Billion +8.15%
2024-09-30 RM3.59 Billion +7.02%
2023-09-30 RM3.35 Billion +12.30%
2022-09-30 RM2.98 Billion +5.88%
2021-09-30 RM2.82 Billion +4.77%
2020-09-30 RM2.69 Billion +6.37%
2019-09-30 RM2.53 Billion +9.38%
2018-09-30 RM2.31 Billion +8.43%
2017-09-30 RM2.13 Billion +7.22%
2016-09-30 RM1.99 Billion +5.98%
2015-09-30 RM1.88 Billion +11.14%
2014-09-30 RM1.69 Billion +2.33%
2013-09-30 RM1.65 Billion +6.17%
2012-09-30 RM1.55 Billion -0.29%
2011-09-30 RM1.56 Billion -13.23%
2010-09-30 RM1.80 Billion +27.49%
2009-09-30 RM1.41 Billion +7.00%
2008-09-30 RM1.32 Billion +3.17%
2007-09-30 RM1.28 Billion +3.11%
2006-09-30 RM1.24 Billion +3.86%
2005-09-30 RM1.19 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Fraser Neave Holdings 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 295481700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Retained Earnings RM2.95 Billion 76.48%
Common Stock RM816.77 Million 21.14%
Other Comprehensive Income RM111.07 Million 2.88%
Total Equity RM3.86 Billion 100.00%

Fraser Neave Holdings Bhd Competitors by Market Cap

The table below lists competitors of Fraser Neave Holdings Bhd ranked by their market capitalization.

Company Market Cap
Alpha Bank SA
PINK:ALBKY
 		$1.12 Billion
PROS Holdings Inc
NYSE:PRO
 		$1.12 Billion
Fugro N.V.
AS:FUR
 		$1.12 Billion
CENERGY HLDGS NOM.
F:9CN
 		$1.12 Billion
GUYANA FRONTIER
F:58S
 		$1.12 Billion
Cyrela Brazil Realty S.A. Empreendimentos e Participações
SA:CYRE3
 		$1.12 Billion
ISC Co. Ltd
KQ:095340
 		$1.12 Billion
J+J SNACK FOODS
MU:JJ1
 		$1.12 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,576,009,000 to 3,863,266,000, a change of 287,257,000 (8.0%).
  • Net income of 508,467,000 contributed positively to equity growth.
  • Dividend payments of 231,071,000 reduced retained earnings.
  • Share repurchases of 12,277,000 reduced equity.
  • Other comprehensive income increased equity by 10,924,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM508.47 Million +13.16%
Dividends Paid RM231.07 Million -5.98%
Share Repurchases RM12.28 Million -0.32%
Other Comprehensive Income RM10.92 Million +0.28%
Other Changes RM11.21 Million +0.29%
Total Change RM- 8.03%

Book Value vs Market Value Analysis

This analysis compares Fraser Neave Holdings 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: 2.99x
  • 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 10.31x to 2.99x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-09-30 RM3.05 RM31.42 x
2006-09-30 RM3.13 RM31.42 x
2007-09-30 RM3.25 RM31.42 x
2008-09-30 RM3.32 RM31.42 x
2009-09-30 RM3.63 RM31.42 x
2010-09-30 RM5.02 RM31.42 x
2011-09-30 RM4.31 RM31.42 x
2012-09-30 RM4.28 RM31.42 x
2013-09-30 RM4.52 RM31.42 x
2014-09-30 RM4.62 RM31.42 x
2015-09-30 RM5.12 RM31.42 x
2016-09-30 RM5.41 RM31.42 x
2017-09-30 RM5.80 RM31.42 x
2018-09-30 RM6.28 RM31.42 x
2019-09-30 RM6.88 RM31.42 x
2020-09-30 RM7.32 RM31.42 x
2021-09-30 RM7.67 RM31.42 x
2022-09-30 RM8.12 RM31.42 x
2023-09-30 RM9.10 RM31.42 x
2024-09-30 RM9.74 RM31.42 x
2025-09-30 RM10.53 RM31.42 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fraser Neave Holdings 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): 13.16%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.78%
  • • Asset Turnover: 0.93x
  • • Equity Multiplier: 1.45x
  • Recent ROE (13.16%) is below the historical average (16.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 12.16% 6.82% 1.14x 1.56x RM23.46 Million
2006 12.81% 7.35% 1.12x 1.56x RM31.29 Million
2007 14.31% 5.78% 1.17x 2.12x RM49.88 Million
2008 15.20% 5.00% 1.43x 2.13x RM61.52 Million
2009 18.79% 6.50% 1.35x 2.13x RM113.61 Million
2010 38.63% 19.08% 1.23x 1.65x RM514.40 Million
2011 24.58% 9.79% 1.58x 1.59x RM227.25 Million
2012 17.63% 8.46% 1.24x 1.68x RM118.60 Million
2013 15.80% 7.43% 1.27x 1.67x RM95.64 Million
2014 15.36% 6.79% 1.40x 1.62x RM90.57 Million
2015 14.92% 6.90% 1.34x 1.61x RM92.39 Million
2016 19.38% 9.25% 1.30x 1.61x RM186.48 Million
2017 15.16% 7.88% 1.27x 1.52x RM110.12 Million
2018 16.66% 9.37% 1.23x 1.45x RM153.90 Million
2019 16.22% 10.06% 1.16x 1.39x RM157.33 Million
2020 15.25% 10.29% 1.13x 1.31x RM141.32 Million
2021 14.02% 9.57% 1.14x 1.29x RM113.27 Million
2022 12.85% 8.57% 1.07x 1.41x RM84.96 Million
2023 16.06% 10.74% 0.98x 1.53x RM202.58 Million
2024 15.18% 10.35% 0.96x 1.53x RM185.17 Million
2025 13.16% 9.78% 0.93x 1.45x RM122.14 Million

Industry Comparison

This section compares Fraser Neave Holdings Bhd's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.

Industry Context

  • Industry: Beverages - Non-Alcoholic
  • Average net assets among peers: $173,352,644
  • Average return on equity (ROE) among peers: 16.98%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fraser Neave Holdings Bhd (3689) RM4.00 Billion 12.16% 0.46x $1.12 Billion
Orgabio Holdings Bhd (0252) $24.03 Million 23.97% 0.95x $2.12 Million
LWSABAH (5328) $74.17 Million 21.22% 1.15x $36.92 Million
Spritzer Bhd (7103) $389.20 Million 6.22% 0.22x $122.39 Million
Power Root Bhd (7237) $206.00 Million 16.50% 0.38x $37.96 Million