Malaysian Pacific Industries (3867) - Net Assets
Based on the latest financial reports, Malaysian Pacific Industries (3867) has net assets worth RM2.58 Billion MYR (≈ $647.82 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 (RM3.27 Billion ≈ $821.30 Million USD) and total liabilities (RM690.97 Million ≈ $173.48 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 Malaysian Pacific Industries (3867) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM2.58 Billion |
| % of Total Assets | 78.88% |
| Annual Growth Rate | 6.82% |
| 5-Year Change | 24.76% |
| 10-Year Change | 111.62% |
| Growth Volatility | 10.41 |
Malaysian Pacific Industries - Net Assets Trend (2005–2025)
This chart illustrates how Malaysian Pacific Industries's net assets have evolved over time, based on quarterly financial data. Also explore 3867 total assets for the complete picture of this company's asset base.
Annual Net Assets for Malaysian Pacific Industries (2005–2025)
The table below shows the annual net assets of Malaysian Pacific Industries from 2005 to 2025. For live valuation and market cap data, see Malaysian Pacific Industries market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM2.48 Billion ≈ $621.68 Million |
+0.40% |
| 2024-06-30 | RM2.47 Billion ≈ $619.20 Million |
+4.49% |
| 2023-06-30 | RM2.36 Billion ≈ $592.62 Million |
+1.66% |
| 2022-06-30 | RM2.32 Billion ≈ $582.92 Million |
+16.98% |
| 2021-06-30 | RM1.98 Billion ≈ $498.30 Million |
+22.58% |
| 2020-06-30 | RM1.62 Billion ≈ $406.51 Million |
+8.00% |
| 2019-06-30 | RM1.50 Billion ≈ $376.41 Million |
+6.71% |
| 2018-06-30 | RM1.40 Billion ≈ $352.73 Million |
+5.72% |
| 2017-06-30 | RM1.33 Billion ≈ $333.66 Million |
+13.57% |
| 2016-06-30 | RM1.17 Billion ≈ $293.78 Million |
+13.81% |
| 2015-06-30 | RM1.03 Billion ≈ $258.14 Million |
+13.34% |
| 2014-06-30 | RM907.13 Million ≈ $227.75 Million |
-0.97% |
| 2013-06-30 | RM916.06 Million ≈ $229.99 Million |
-1.91% |
| 2012-06-30 | RM933.85 Million ≈ $234.46 Million |
-3.64% |
| 2011-06-30 | RM969.14 Million ≈ $243.32 Million |
+0.65% |
| 2010-06-30 | RM962.87 Million ≈ $241.74 Million |
+4.62% |
| 2009-06-30 | RM920.32 Million ≈ $231.06 Million |
-10.23% |
| 2008-06-30 | RM1.03 Billion ≈ $257.41 Million |
+6.08% |
| 2007-06-30 | RM966.45 Million ≈ $242.64 Million |
+38.82% |
| 2006-06-30 | RM696.21 Million ≈ $174.79 Million |
+5.18% |
| 2005-06-30 | RM661.90 Million ≈ $166.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Malaysian Pacific Industries'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 177010600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.77 Billion | 85.11% |
| Common Stock | RM352.37 Million | 16.94% |
| Total Equity | RM2.08 Billion | 100.00% |
Malaysian Pacific Industries Competitors by Market Cap
The table below lists competitors of Malaysian Pacific Industries ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Harmony Biosciences Holdings
NASDAQ:HRMY
|
$1.83 Billion |
|
Galapagos NV
F:GXEA
|
$1.83 Billion |
|
Tyra Biosciences Inc
NASDAQ:TYRA
|
$1.83 Billion |
|
Bikaji Foods International Limited
NSE:BIKAJI
|
$1.83 Billion |
|
LTC Properties Inc
NYSE:LTC
|
$1.83 Billion |
|
Akr Corporindo Tbk
JK:AKRA
|
$1.83 Billion |
|
Jiangsu Linyang Energy Co Ltd
SHG:601222
|
$1.83 Billion |
|
China Camc Engineering Co Ltd
SHE:002051
|
$1.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Malaysian Pacific Industries's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,090,954,000 to 2,079,859,000, a change of -11,095,000 (-0.5%).
- Net income of 153,780,000 contributed positively to equity growth.
- Dividend payments of 69,553,000 reduced retained earnings.
- Share repurchases of 17,071,000 reduced equity.
- Other factors decreased equity by 78,251,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM153.78 Million | +7.39% |
| Dividends Paid | RM69.55 Million | -3.34% |
| Share Repurchases | RM17.07 Million | -0.82% |
| Other Changes | RM-78.25 Million | -3.76% |
| Total Change | RM- | -0.53% |
Book Value vs Market Value Analysis
This analysis compares Malaysian Pacific Industries'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: 3.50x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 17.14x to 3.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | RM2.14 | RM36.62 | x |
| 2006-06-30 | RM2.30 | RM36.62 | x |
| 2007-06-30 | RM3.66 | RM36.62 | x |
| 2008-06-30 | RM3.93 | RM36.62 | x |
| 2009-06-30 | RM3.59 | RM36.62 | x |
| 2010-06-30 | RM3.80 | RM36.62 | x |
| 2011-06-30 | RM3.86 | RM36.62 | x |
| 2012-06-30 | RM3.74 | RM36.62 | x |
| 2013-06-30 | RM3.72 | RM36.62 | x |
| 2014-06-30 | RM3.87 | RM36.62 | x |
| 2015-06-30 | RM4.52 | RM36.62 | x |
| 2016-06-30 | RM5.16 | RM36.62 | x |
| 2017-06-30 | RM5.90 | RM36.62 | x |
| 2018-06-30 | RM6.25 | RM36.62 | x |
| 2019-06-30 | RM6.68 | RM36.62 | x |
| 2020-06-30 | RM7.26 | RM36.62 | x |
| 2021-06-30 | RM8.58 | RM36.62 | x |
| 2022-06-30 | RM10.07 | RM36.62 | x |
| 2023-06-30 | RM10.13 | RM36.62 | x |
| 2024-06-30 | RM10.51 | RM36.62 | x |
| 2025-06-30 | RM10.46 | RM36.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Malaysian Pacific Industries 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): 7.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.22%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.45x
- Recent ROE (7.39%) is below the historical average (11.72%), 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 | 19.36% | 7.38% | 0.76x | 3.46x | RM39.76 Million |
| 2006 | 33.12% | 11.02% | 0.83x | 3.64x | RM104.62 Million |
| 2007 | 23.39% | 11.24% | 0.93x | 2.23x | RM95.60 Million |
| 2008 | 19.24% | 9.57% | 0.95x | 2.12x | RM70.74 Million |
| 2009 | -9.42% | -5.73% | 0.82x | 2.00x | RM-135.83 Million |
| 2010 | 17.01% | 9.08% | 0.96x | 1.94x | RM51.87 Million |
| 2011 | 10.02% | 5.30% | 1.00x | 1.90x | RM175.10K |
| 2012 | -2.72% | -1.66% | 0.84x | 1.95x | RM-92.30 Million |
| 2013 | 1.53% | 0.89% | 0.95x | 1.80x | RM-60.67 Million |
| 2014 | 6.16% | 3.49% | 1.08x | 1.63x | RM-28.09 Million |
| 2015 | 12.63% | 7.80% | 1.00x | 1.61x | RM22.56 Million |
| 2016 | 16.08% | 10.76% | 1.07x | 1.40x | RM59.55 Million |
| 2017 | 15.89% | 11.52% | 0.95x | 1.46x | RM65.92 Million |
| 2018 | 12.00% | 9.24% | 0.91x | 1.43x | RM23.71 Million |
| 2019 | 10.11% | 8.62% | 0.87x | 1.35x | RM1.41 Million |
| 2020 | 11.08% | 9.78% | 0.78x | 1.46x | RM14.90 Million |
| 2021 | 16.01% | 13.67% | 0.78x | 1.51x | RM102.05 Million |
| 2022 | 16.44% | 13.61% | 0.77x | 1.56x | RM128.83 Million |
| 2023 | 3.04% | 3.00% | 0.68x | 1.49x | RM-140.15 Million |
| 2024 | 7.86% | 7.85% | 0.71x | 1.42x | RM-44.70 Million |
| 2025 | 7.39% | 7.22% | 0.71x | 1.45x | RM-54.21 Million |
Industry Comparison
This section compares Malaysian Pacific Industries's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $277,094,488
- Average return on equity (ROE) among peers: -3.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Malaysian Pacific Industries (3867) | RM2.58 Billion | 19.36% | 0.27x | $1.83 Billion |
| Key ASIC Bhd (0143) | $24.28 Million | -44.37% | 0.40x | $8.79 Million |
| OPPSTAR (0275) | $136.64 Million | 14.90% | 0.03x | $51.53 Million |
| Edelteq Holdings Berhad (0278) | $46.02 Million | 8.77% | 0.22x | $55.89 Million |
| Unisem M Bhd (5005) | $968.14 Million | -10.88% | 0.62x | $1.36 Billion |
| Globetronics Tech Bhd (7022) | $226.49 Million | 7.03% | 0.22x | $40.38 Million |
| KESM Industries Bhd (9334) | $261.00 Million | 6.51% | 0.41x | $44.06 Million |
About Malaysian Pacific Industries
Malaysian Pacific Industries Berhad, an investment holding company, engages in the manufacturing, assembling, testing, marketing, and sale of integrated circuits, semiconductor devices, electronic components, and lead frames. The company also provides outsourced semiconductor packaging and testing services. It operates in Ireland, Taiwan, Malaysia, the United States, Singapore, the People's Repub… Read more