Muda Holdings Bhd

KLSE:3883 Malaysia Paper & Paper Products
Market Cap
$52.83 Million
RM237.94 Million MYR
Market Cap Rank
#30163 Global
#626 in Malaysia
Share Price
RM0.78
Change (1 day)
+4.00%
52-Week Range
RM0.72 - RM1.05
All Time High
RM3.46
Categories
Companies in Malaysia Paper & Paper Products
About

Muda Holdings Berhad, an investment holding company, engages in the manufacture and sale of paper and paper packaging products in Malaysia, Singapore, Australia, and the People's Republic of China. It operates through Manufacturing and Trading segments. The company offers industrial paper, such as test liner, corrugated medium, laminated chip board, core board, grey chip board, and yellow wrappin… Read more

Muda Holdings Bhd (3883) - Net Assets

Latest net assets as of September 2025: RM1.17 Billion MYR

Based on the latest financial reports, Muda Holdings Bhd (3883) has net assets worth RM1.17 Billion MYR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.23 Billion) and total liabilities (RM1.06 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 RM1.17 Billion
% of Total Assets 52.31%
Annual Growth Rate 6.79%
5-Year Change 5.03%
10-Year Change 41.64%
Growth Volatility 8.99

Muda Holdings Bhd - Net Assets Trend (2006–2024)

This chart illustrates how Muda 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 Muda Holdings Bhd (2006–2024)

The table below shows the annual net assets of Muda Holdings Bhd from 2006 to 2024.

Year Net Assets Change
2024-12-31 RM1.23 Billion -5.77%
2023-12-31 RM1.30 Billion -2.76%
2022-12-31 RM1.34 Billion -1.34%
2021-12-31 RM1.36 Billion +16.18%
2020-12-31 RM1.17 Billion +7.83%
2019-12-31 RM1.08 Billion +3.35%
2018-12-31 RM1.05 Billion +5.88%
2017-12-31 RM988.62 Million +12.89%
2016-12-31 RM875.75 Million +1.24%
2015-12-31 RM864.99 Million +3.67%
2014-12-31 RM834.36 Million +1.69%
2013-12-31 RM820.50 Million +32.55%
2012-12-31 RM619.01 Million +0.25%
2011-12-31 RM617.49 Million +9.95%
2010-12-31 RM561.63 Million +7.23%
2009-12-31 RM523.75 Million +12.44%
2008-12-31 RM465.81 Million +20.04%
2007-12-31 RM388.05 Million +3.42%
2006-12-31 RM375.22 Million --

Equity Component Analysis

This analysis shows how different components contribute to Muda 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 292.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings RM595.76 Million 50.40%
Common Stock RM159.47 Million 13.49%
Other Components RM426.87 Million 36.11%
Total Equity RM1.18 Billion 100.00%

Muda Holdings Bhd Competitors by Market Cap

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

Company Market Cap
Creative Global Technology Holdings Limited Ordinary Shares
BATS:CGTL
 		$6.76 Million
CYVIZ AS NK 110
F:8P9
 		$6.76 Million
AroCell AB
ST:AROC
 		$6.76 Million
Sidiz Inc
KO:134790
 		$6.76 Million
Nable Communications Inc
KQ:153460
 		$6.75 Million
Queen's Road Capital Investment Ltd
PINK:BRSGF
 		$6.75 Million
Foremost Lithium Resource & Technology Ltd. Warrant
NASDAQ:FMSTW
 		$6.75 Million
A.F.P. Planvital S.A.
SN:PLANVITAL
 		$6.75 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,255,026,000 to 1,182,104,000, a change of -72,922,000 (-5.8%).
  • Net loss of 50,508,000 reduced equity.
  • Dividend payments of 9,152,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 442,757,000.
  • Other factors increased equity by 429,495,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM-50.51 Million -4.27%
Dividends Paid RM9.15 Million -0.77%
Other Comprehensive Income RM-442.76 Million -37.45%
Other Changes RM429.50 Million +36.33%
Total Change RM- -5.81%

Book Value vs Market Value Analysis

This analysis compares Muda 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: 0.20x
  • 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 0.61x to 0.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 RM1.29 RM0.78 x
2007-12-31 RM1.32 RM0.78 x
2008-12-31 RM1.55 RM0.78 x
2009-12-31 RM1.71 RM0.78 x
2010-12-31 RM1.79 RM0.78 x
2011-12-31 RM1.94 RM0.78 x
2012-12-31 RM1.93 RM0.78 x
2013-12-31 RM2.63 RM0.78 x
2014-12-31 RM2.67 RM0.78 x
2015-12-31 RM2.76 RM0.78 x
2016-12-31 RM2.79 RM0.78 x
2017-12-31 RM3.16 RM0.78 x
2018-12-31 RM3.35 RM0.78 x
2019-12-31 RM3.47 RM0.78 x
2020-12-31 RM3.73 RM0.78 x
2021-12-31 RM4.32 RM0.78 x
2022-12-31 RM4.24 RM0.78 x
2023-12-31 RM4.11 RM0.78 x
2024-12-31 RM3.88 RM0.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Muda 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): -4.27%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.47%
  • • Asset Turnover: 0.63x
  • • Equity Multiplier: 1.95x
  • Recent ROE (-4.27%) is below the historical average (3.74%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 -6.27% -3.75% 0.75x 2.23x RM-59.67 Million
2007 4.45% 2.41% 0.85x 2.16x RM-20.91 Million
2008 10.09% 5.82% 0.91x 1.90x RM388.41K
2009 7.31% 5.27% 0.76x 1.82x RM-13.65 Million
2010 6.68% 3.86% 0.83x 2.08x RM-17.87 Million
2011 8.84% 4.69% 0.88x 2.15x RM-6.80 Million
2012 2.74% 1.47% 0.87x 2.13x RM-42.47 Million
2013 5.40% 4.14% 0.70x 1.87x RM-36.75 Million
2014 2.67% 2.07% 0.67x 1.93x RM-59.69 Million
2015 3.12% 2.33% 0.71x 1.88x RM-57.85 Million
2016 2.21% 1.54% 0.74x 1.92x RM-66.35 Million
2017 6.09% 4.06% 0.77x 1.95x RM-37.70 Million
2018 7.58% 5.02% 0.79x 1.92x RM-24.73 Million
2019 3.72% 2.59% 0.78x 1.83x RM-66.42 Million
2020 7.92% 6.31% 0.73x 1.71x RM-23.70 Million
2021 5.91% 4.47% 0.73x 1.81x RM-53.82 Million
2022 -0.63% -0.46% 0.73x 1.86x RM-137.56 Million
2023 -2.45% -2.04% 0.64x 1.88x RM-156.28 Million
2024 -4.27% -3.47% 0.63x 1.95x RM-168.72 Million

Industry Comparison

This section compares Muda Holdings Bhd's net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

  • Industry: Paper & Paper Products
  • Average net assets among peers: $143,282,545
  • Average return on equity (ROE) among peers: 3.67%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Muda Holdings Bhd (3883) RM1.17 Billion -6.27% 0.91x $6.75 Million
Wang-Zheng Bhd (7203) $186.32 Million 5.67% 0.42x $1.09 Million
CWG Holdings Bhd (9423) $100.24 Million 1.67% 0.30x $2.56 Million