Lafarge Malayan Cement Bhd (3794) - Net Assets
Based on the latest financial reports, Lafarge Malayan Cement Bhd (3794) has net assets worth RM7.07 Billion MYR (≈ $1.77 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM11.02 Billion ≈ $2.77 Billion USD) and total liabilities (RM3.95 Billion ≈ $992.49 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 3794 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM7.07 Billion |
| % of Total Assets | 64.13% |
| Annual Growth Rate | 6.58% |
| 5-Year Change | 169.51% |
| 10-Year Change | 120.68% |
| Growth Volatility | 36.16 |
Lafarge Malayan Cement Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Lafarge Malayan Cement Bhd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Lafarge Malayan Cement Bhd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Lafarge Malayan Cement Bhd (2012–2024)
The table below shows the annual net assets of Lafarge Malayan Cement Bhd from 2012 to 2024. For live valuation and market cap data, see market value of Lafarge Malayan Cement Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM6.82 Billion ≈ $1.71 Billion |
+8.03% |
| 2023-12-31 | RM6.31 Billion ≈ $1.58 Billion |
+6.00% |
| 2022-12-31 | RM5.95 Billion ≈ $1.49 Billion |
+3.04% |
| 2021-12-31 | RM5.78 Billion ≈ $1.45 Billion |
+128.41% |
| 2020-12-31 | RM2.53 Billion ≈ $635.22 Million |
+10.74% |
| 2019-12-31 | RM2.28 Billion ≈ $573.61 Million |
-10.24% |
| 2018-12-31 | RM2.55 Billion ≈ $639.03 Million |
-10.67% |
| 2017-12-31 | RM2.85 Billion ≈ $715.34 Million |
-6.85% |
| 2016-12-31 | RM3.06 Billion ≈ $767.94 Million |
-1.01% |
| 2015-12-31 | RM3.09 Billion ≈ $775.77 Million |
-1.12% |
| 2014-12-31 | RM3.12 Billion ≈ $784.58 Million |
-2.95% |
| 2013-12-31 | RM3.22 Billion ≈ $808.44 Million |
+1.48% |
| 2012-12-31 | RM3.17 Billion ≈ $796.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lafarge Malayan Cement 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 11.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.28 Billion | 18.73% |
| Common Stock | RM5.46 Billion | 80.13% |
| Other Comprehensive Income | RM77.45 Million | 1.14% |
| Other Components | RM1.00 | 0.00% |
| Total Equity | RM6.81 Billion | 100.00% |
Lafarge Malayan Cement Bhd Competitors by Market Cap
The table below lists competitors of Lafarge Malayan Cement Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hubei Xinyangfeng Fertilizer Co Ltd
SHE:000902
|
$2.37 Billion |
|
Pacific Premier Bancorp Inc
NASDAQ:PPBI
|
$2.38 Billion |
|
Verallia
PA:VRLA
|
$2.38 Billion |
|
Angang Steel Co Ltd Class A
SHE:000898
|
$2.38 Billion |
|
Minerals Technologies Inc
NYSE:MTX
|
$2.37 Billion |
|
BeiJing DaHao Technology Co Lt
SHG:603025
|
$2.37 Billion |
|
Luxin Venture Capital Group Co Ltd
SHG:600783
|
$2.37 Billion |
|
TES Co. Ltd
KQ:095610
|
$2.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lafarge Malayan Cement Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,307,661,000 to 6,814,531,000, a change of 506,870,000 (8.0%).
- Net income of 672,385,000 contributed positively to equity growth.
- Dividend payments of 198,781,000 reduced retained earnings.
- Share repurchases of 45,680,000 reduced equity.
- New share issuances of 45,680,000 increased equity.
- Other comprehensive income decreased equity by 20,890,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM672.38 Million | +9.87% |
| Dividends Paid | RM198.78 Million | -2.92% |
| Share Repurchases | RM45.68 Million | -0.67% |
| Share Issuances | RM45.68 Million | +0.67% |
| Other Comprehensive Income | RM-20.89 Million | -0.31% |
| Other Changes | RM54.16 Million | +0.79% |
| Total Change | RM- | 8.04% |
Book Value vs Market Value Analysis
This analysis compares Lafarge Malayan Cement 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: 1.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM3.64 | RM6.80 | x |
| 2016-12-31 | RM3.60 | RM6.80 | x |
| 2017-12-31 | RM3.35 | RM6.80 | x |
| 2018-12-31 | RM3.00 | RM6.80 | x |
| 2019-12-31 | RM2.69 | RM6.80 | x |
| 2020-12-31 | RM2.71 | RM6.80 | x |
| 2021-12-31 | RM3.64 | RM6.80 | x |
| 2022-12-31 | RM3.35 | RM6.80 | x |
| 2023-12-31 | RM3.42 | RM6.80 | x |
| 2024-12-31 | RM3.63 | RM6.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lafarge Malayan Cement 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): 9.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.85%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.57x
- Recent ROE (9.87%) is above the historical average (0.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 8.17% | 9.17% | 0.63x | 1.41x | RM-56.65 Million |
| 2016 | 2.51% | 3.00% | 0.60x | 1.39x | RM-229.20 Million |
| 2017 | -7.55% | -9.57% | 0.52x | 1.53x | RM-500.08 Million |
| 2018 | -12.55% | -15.05% | 0.50x | 1.68x | RM-573.88 Million |
| 2019 | -7.62% | -10.85% | 0.42x | 1.69x | RM-402.51 Million |
| 2020 | 0.29% | 0.53% | 0.35x | 1.54x | RM-245.70 Million |
| 2021 | 1.45% | 3.09% | 0.25x | 1.85x | RM-493.97 Million |
| 2022 | 2.67% | 4.23% | 0.34x | 1.84x | RM-436.02 Million |
| 2023 | 6.80% | 9.64% | 0.42x | 1.69x | RM-202.07 Million |
| 2024 | 9.87% | 14.85% | 0.42x | 1.57x | RM-9.07 Million |
Industry Comparison
This section compares Lafarge Malayan Cement Bhd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $381,800,036
- Average return on equity (ROE) among peers: 4.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lafarge Malayan Cement Bhd (3794) | RM7.07 Billion | 8.17% | 0.56x | $2.37 Billion |
| SC Estate Builder Bhd (0109) | $36.98 Million | -4.71% | 0.11x | $6.07 Million |
| PLYTEC Holding Berhad (0289) | $61.53 Million | 11.66% | 1.60x | $25.87 Million |
| Cahya Mata Sarawak Bhd (2852) | $1.78 Billion | 21.85% | 0.57x | $296.97 Million |
| Johan Holdings Bhd (3441) | $187.47 Million | -20.77% | 0.51x | $7.33 Million |
| Hume Industries Berhad (5000) | $403.00 Million | 12.90% | 1.91x | $536.16 Million |
| White Horse Bhd (5009) | $600.67 Million | 2.79% | 0.26x | $25.71 Million |
| YB Ventures Bhd (5048) | $212.78 Million | 4.46% | 0.11x | $5.50 Million |
| Complete Logistic Services Bhd (5136) | $102.00 Million | 13.73% | 0.37x | $666.66 Million |
| Dfcity Group Bhd (5165) | $54.88 Million | 0.19% | 0.52x | $9.27 Million |
About Lafarge Malayan Cement Bhd
Malayan Cement Berhad, an investment holding company, produces, manufactures, and trades in cement, clinker, ready-mix concrete, drymix, quarry, and other building materials and related products primarily in Malaysia and Singapore. The company operates through Cement, and Aggregates and Concrete segments. It offers engineering, procurement, construction, and operation and maintenance services. In… Read more