Asian Pac Holdings Bhd (4057) - Net Assets
Based on the latest financial reports, Asian Pac Holdings Bhd (4057) has net assets worth RM1.34 Billion MYR (≈ $337.44 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.49 Billion ≈ $625.22 Million USD) and total liabilities (RM1.15 Billion ≈ $287.78 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 4057 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM1.34 Billion |
| % of Total Assets | 53.97% |
| Annual Growth Rate | 11.1% |
| 5-Year Change | 26.77% |
| 10-Year Change | 56.17% |
| Growth Volatility | 24.12 |
Asian Pac Holdings Bhd - Net Assets Trend (2013–2026)
This chart illustrates how Asian Pac Holdings Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Asian Pac Holdings Bhd.
Annual Net Assets for Asian Pac Holdings Bhd (2013–2026)
The table below shows the annual net assets of Asian Pac Holdings Bhd from 2013 to 2026. Also explore Asian Pac Holdings Bhd annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | RM1.34 Billion ≈ $337.44 Million |
+10.55% |
| 2025-03-31 | RM1.22 Billion ≈ $305.23 Million |
+10.74% |
| 2024-03-31 | RM1.10 Billion ≈ $275.63 Million |
+2.38% |
| 2023-03-31 | RM1.07 Billion ≈ $269.21 Million |
+1.13% |
| 2022-03-31 | RM1.06 Billion ≈ $266.19 Million |
-0.53% |
| 2021-03-31 | RM1.07 Billion ≈ $267.61 Million |
-2.49% |
| 2020-03-31 | RM1.09 Billion ≈ $274.44 Million |
+4.40% |
| 2019-03-31 | RM1.05 Billion ≈ $262.86 Million |
+5.35% |
| 2018-03-31 | RM993.84 Million ≈ $249.52 Million |
+15.48% |
| 2017-03-31 | RM860.64 Million ≈ $216.08 Million |
-0.19% |
| 2016-03-31 | RM862.32 Million ≈ $216.50 Million |
+8.88% |
| 2015-03-31 | RM792.00 Million ≈ $198.85 Million |
+93.64% |
| 2014-03-31 | RM409.00 Million ≈ $102.69 Million |
+19.59% |
| 2013-03-31 | RM342.00 Million ≈ $85.86 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Asian Pac 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 52.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.00 Billion | 76.82% |
| Other Components | RM303.14 Million | 23.18% |
| Total Equity | RM1.31 Billion | 100.00% |
Asian Pac Holdings Bhd Competitors by Market Cap
The table below lists competitors of Asian Pac Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RYTHM, Inc.
NASDAQ:RYM
|
$44.86 Million |
|
C I Systems
TA:CISY
|
$44.86 Million |
|
Atec Co. Ltd
KQ:045660
|
$44.88 Million |
|
Arianne Phosphate Inc
V:DAN
|
$44.88 Million |
|
Hunan Tyen Machinery Co Ltd B
SHG:900946
|
$44.85 Million |
|
Kukje Pharma Co Ltd
KO:002720
|
$44.85 Million |
|
Korea Steel Co Ltd
KO:007280
|
$44.85 Million |
|
Arrow Syndicate Public Company Limited
BK:ARROW
|
$44.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asian Pac Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,215,736,000 to 1,307,720,000, a change of 91,984,000 (7.6%).
- Net income of 97,172,000 contributed positively to equity growth.
- Share repurchases of 10,000,000 reduced equity.
- New share issuances of 38,800,000 increased equity.
- Other factors decreased equity by 33,988,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM97.17 Million | +7.43% |
| Share Repurchases | RM10.00 Million | -0.76% |
| Share Issuances | RM38.80 Million | +2.97% |
| Other Changes | RM-33.99 Million | -2.6% |
| Total Change | RM- | 7.57% |
Book Value vs Market Value Analysis
This analysis compares Asian Pac 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: 0.14x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.87 | RM0.12 | x |
| 2018-03-31 | RM0.96 | RM0.12 | x |
| 2019-03-31 | RM1.01 | RM0.12 | x |
| 2020-03-31 | RM1.05 | RM0.12 | x |
| 2021-03-31 | RM1.02 | RM0.12 | x |
| 2022-03-31 | RM1.01 | RM0.12 | x |
| 2023-03-31 | RM0.72 | RM0.12 | x |
| 2024-03-31 | RM0.74 | RM0.12 | x |
| 2025-03-31 | RM0.82 | RM0.12 | x |
| 2026-03-31 | RM0.88 | RM0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asian Pac 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): 7.43%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.69%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.90x
- Recent ROE (7.43%) is above the historical average (3.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.54% | 47.53% | 0.09x | 1.89x | RM-12.60 Million |
| 2017 | 1.02% | 3.29% | 0.17x | 1.85x | RM-77.25 Million |
| 2018 | 4.77% | 25.47% | 0.11x | 1.66x | RM-51.96 Million |
| 2019 | 5.03% | 36.48% | 0.08x | 1.67x | RM-52.01 Million |
| 2020 | 4.42% | 27.11% | 0.09x | 1.87x | RM-61.01 Million |
| 2021 | -2.84% | -34.35% | 0.04x | 1.91x | RM-136.90 Million |
| 2022 | -0.40% | -3.08% | 0.07x | 1.90x | RM-110.30 Million |
| 2023 | 0.56% | 2.69% | 0.11x | 1.97x | RM-101.27 Million |
| 2024 | 2.27% | 8.42% | 0.13x | 2.00x | RM-84.92 Million |
| 2025 | 10.13% | 35.36% | 0.15x | 1.86x | RM1.60 Million |
| 2026 | 7.43% | 27.69% | 0.14x | 1.90x | RM-33.60 Million |
Industry Comparison
This section compares Asian Pac Holdings Bhd's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $667,960,004
- Average return on equity (ROE) among peers: -1.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asian Pac Holdings Bhd (4057) | RM1.34 Billion | 8.54% | 0.85x | $44.86 Million |
| Tanco Holdings Bhd (2429) | $177.00 Million | -16.38% | 0.64x | $264.74 Million |
| Amalgamated Industrial Steel Berhad (2682) | $131.01 Million | -3.05% | 0.25x | $8.87 Million |
| EcoFirst Consolidated Bhd (3557) | $380.63 Million | 3.68% | 0.88x | $97.64 Million |
| Glomac Bhd (5020) | $1.09 Billion | 1.35% | 0.74x | $59.73 Million |
| Ibraco Bhd (5084) | $395.50 Million | 8.83% | 0.98x | $138.47 Million |
| Ivory Properties Group Bhd (5175) | $379.00 Million | 3.96% | 1.46x | $615.21K |
| Tambun Indah Land Bhd (5191) | $807.88 Million | 5.18% | 0.12x | $79.41 Million |
| Eco World International Bhd (5283) | $2.54 Billion | -3.44% | 0.07x | $111.47 Million |
| Farlim Group (Malaysia) Bhd (6041) | $105.00 Million | -11.43% | 0.29x | $5.96 Million |
About Asian Pac Holdings Bhd
Asian Pac Holdings Berhad, an investment holding company, engages in the property development and investment businesses in Malaysia. It operates in five segments: Investment Holding, Property Development, Land and Office Properties, Car Park Operations, and Mall Operations. The company holds quoted and unquoted shares for capital investment purposes; develops residential and commercial properties… Read more