MUI Properties Bhd
MUI Properties Berhad, an investment holding company, engages in property investment and development business in Malaysia. It operates through Properties and Investment Holding segments. The company develops and sells residential and commercial properties; and invests in properties. In addition, it sells oil palm fruits; and trades petroleum products; and operates petrol stations. The company was… Read more
MUI Properties Bhd (3913) - Net Assets
Latest net assets as of September 2025: RM415.20 Million MYR
Based on the latest financial reports, MUI Properties Bhd (3913) has net assets worth RM415.20 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM745.66 Million) and total liabilities (RM330.46 Million). 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 | RM415.20 Million |
| % of Total Assets | 55.68% |
| Annual Growth Rate | 1.1% |
| 5-Year Change | 25.19% |
| 10-Year Change | 45.77% |
| Growth Volatility | 7.3 |
MUI Properties Bhd - Net Assets Trend (2011–2024)
This chart illustrates how MUI Properties 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 MUI Properties Bhd (2011–2024)
The table below shows the annual net assets of MUI Properties Bhd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM364.07 Million | +2.64% |
| 2023-12-31 | RM354.69 Million | +1.82% |
| 2022-12-31 | RM348.35 Million | +15.13% |
| 2021-12-31 | RM302.57 Million | +4.04% |
| 2020-12-31 | RM290.81 Million | +2.84% |
| 2019-12-31 | RM282.78 Million | +4.08% |
| 2018-12-31 | RM271.70 Million | +7.89% |
| 2017-12-31 | RM251.84 Million | -2.67% |
| 2016-12-31 | RM258.75 Million | +3.60% |
| 2015-12-31 | RM249.75 Million | -18.11% |
| 2014-12-31 | RM305.00 Million | -4.09% |
| 2013-12-31 | RM318.00 Million | +2.58% |
| 2012-12-31 | RM310.00 Million | -1.90% |
| 2011-12-31 | RM316.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MUI Properties 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 101.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM207.91 Million | 57.11% |
| Common Stock | RM162.47 Million | 44.62% |
| Total Equity | RM364.07 Million | 100.00% |
MUI Properties Bhd Competitors by Market Cap
The table below lists competitors of MUI Properties Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yelooo Integra Datanet Tbk PT
JK:YELO
|
$6.13 Million |
|
Eden Inc Bhd
KLSE:7471
|
$6.13 Million |
|
Ecomiam SA
PA:ALECO
|
$6.13 Million |
|
Theriva Biologics Inc.
NYSE MKT:TOVX
|
$6.13 Million |
|
Prochem S.A.
WAR:PRM
|
$6.13 Million |
|
Eagle Mountain Mining Limited
PINK:EGMMF
|
$6.13 Million |
|
CHARBONE Hydrogen Corporation
PINK:CHHYF
|
$6.12 Million |
|
Zenvia Inc
NASDAQ:ZENV
|
$6.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MUI Properties Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 354,694,000 to 364,075,000, a change of 9,381,000 (2.6%).
- Net income of 2,033,000 contributed positively to equity growth.
- Dividend payments of 4,104,000 reduced retained earnings.
- Other factors increased equity by 11,452,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.03 Million | +0.56% |
| Dividends Paid | RM4.10 Million | -1.13% |
| Other Changes | RM11.45 Million | +3.15% |
| Total Change | RM- | 2.64% |
Book Value vs Market Value Analysis
This analysis compares MUI Properties 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: 0.41x
- 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 0.59x to 0.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.34 | RM0.20 | x |
| 2016-12-31 | RM0.35 | RM0.20 | x |
| 2017-12-31 | RM0.34 | RM0.20 | x |
| 2018-12-31 | RM0.37 | RM0.20 | x |
| 2019-12-31 | RM0.38 | RM0.20 | x |
| 2020-12-31 | RM0.39 | RM0.20 | x |
| 2021-12-31 | RM0.41 | RM0.20 | x |
| 2022-12-31 | RM0.47 | RM0.20 | x |
| 2023-12-31 | RM0.48 | RM0.20 | x |
| 2024-12-31 | RM0.49 | RM0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MUI Properties 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): 0.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.19%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.78x
- Recent ROE (0.56%) is below the historical average (3.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 4.38% | 13.78% | 0.23x | 1.36x | RM-14.04 Million |
| 2016 | 0.28% | 1.86% | 0.11x | 1.38x | RM-25.16 Million |
| 2017 | 1.08% | 6.73% | 0.11x | 1.41x | RM-22.47 Million |
| 2018 | 6.29% | 29.73% | 0.15x | 1.39x | RM-10.09 Million |
| 2019 | 4.50% | 16.59% | 0.20x | 1.39x | RM-15.55 Million |
| 2020 | 2.64% | 10.03% | 0.19x | 1.40x | RM-21.41 Million |
| 2021 | 5.50% | 18.99% | 0.21x | 1.40x | RM-13.62 Million |
| 2022 | 10.21% | 42.80% | 0.17x | 1.39x | RM716.30K |
| 2023 | 0.95% | 7.52% | 0.09x | 1.40x | RM-32.11 Million |
| 2024 | 0.56% | 1.19% | 0.26x | 1.78x | RM-34.37 Million |
Industry Comparison
This section compares MUI Properties 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: $565,025,416
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MUI Properties Bhd (3913) | RM415.20 Million | 4.38% | 0.80x | $6.13 Million |
| Vinvest Capital Holdings Bhd (0069) | $581.54 Million | 0.67% | 0.36x | $2.71 Million |
| Gagasan Nadi Cergas Berhad (0206) | $442.13 Million | -0.76% | 1.23x | $7.59 Million |
| Vestland Berhad (0273) | $46.45 Million | 22.90% | 2.63x | $15.49 Million |
| KTI (0308) | $127.30 Million | 12.27% | 0.83x | $5.35 Million |
| Global Oriental Bhd (1147) | $255.86 Million | 5.65% | 2.56x | $4.63 Million |
| GuocoLand (Malaysia) Bhd (1503) | $892.00 Million | 4.71% | 1.18x | $21.92 Million |
| Symphony Life Bhd (1538) | $916.62 Million | -0.87% | 0.32x | $11.92 Million |
| Iskandar Waterfront City Bhd (1589) | $812.33 Million | 5.62% | 1.19x | $27.36 Million |
| Paramount Corporation Bhd (1724) | $727.00 Million | 7.43% | 0.79x | $69.73 Million |
| Selangor Dredging Bhd (2224) | $849.02 Million | 2.88% | 0.71x | $9.77 Million |