British American Tobacco Malaysia Bhd
British American Tobacco (Malaysia) Berhad engages in the manufacture, sale, marketing and importation of cigarettes, pipe tobaccos, cigars, devices, other tobacco products, and nicotine products in Malaysia. It sells tobacco products under the Dunhill, Peter Stuyvesant, Rothmans, Benson & Hedges, KYO, and Luckies brands; tobacco heating products under the glo brand; and nicotine vapor products u… Read more
British American Tobacco Malaysia Bhd (4162) - Net Assets
Latest net assets as of December 2025: RM475.11 Million MYR
Based on the latest financial reports, British American Tobacco Malaysia Bhd (4162) has net assets worth RM475.11 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.26 Billion) and total liabilities (RM787.28 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 | RM475.11 Million |
| % of Total Assets | 37.64% |
| Annual Growth Rate | -1.31% |
| 5-Year Change | 24.2% |
| 10-Year Change | -22.55% |
| Growth Volatility | 15.23 |
British American Tobacco Malaysia Bhd - Net Assets Trend (2005–2025)
This chart illustrates how British American Tobacco Malaysia 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 British American Tobacco Malaysia Bhd (2005–2025)
The table below shows the annual net assets of British American Tobacco Malaysia Bhd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM475.11 Million | +22.47% |
| 2024-12-31 | RM387.94 Million | +2.75% |
| 2023-12-31 | RM377.56 Million | +0.11% |
| 2022-12-31 | RM377.14 Million | -1.41% |
| 2021-12-31 | RM382.52 Million | +2.65% |
| 2020-12-31 | RM372.64 Million | -4.10% |
| 2019-12-31 | RM388.58 Million | -7.85% |
| 2018-12-31 | RM421.67 Million | +10.35% |
| 2017-12-31 | RM382.12 Million | -37.70% |
| 2016-12-31 | RM613.40 Million | +12.22% |
| 2015-12-31 | RM546.62 Million | +4.28% |
| 2014-12-31 | RM524.17 Million | +3.12% |
| 2013-12-31 | RM508.33 Million | +4.83% |
| 2012-12-31 | RM484.90 Million | +12.31% |
| 2011-12-31 | RM431.74 Million | -11.97% |
| 2010-12-31 | RM490.43 Million | +11.64% |
| 2009-12-31 | RM439.29 Million | +7.99% |
| 2008-12-31 | RM406.77 Million | +17.59% |
| 2007-12-31 | RM345.91 Million | -37.31% |
| 2006-12-31 | RM551.82 Million | -10.71% |
| 2005-12-31 | RM618.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to British American Tobacco Malaysia 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 decreased by 29.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM336.28 Million | 70.78% |
| Common Stock | RM142.76 Million | 30.05% |
| Total Equity | RM475.11 Million | 100.00% |
British American Tobacco Malaysia Bhd Competitors by Market Cap
The table below lists competitors of British American Tobacco Malaysia Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Halk Gayrimenkul Yatirim Ortakligi AS
IS:HLGYO
|
$145.70 Million |
|
Microbot Medical Inc
NASDAQ:MBOT
|
$145.73 Million |
|
Huang Hsiang Construction Corp
TW:2545
|
$145.77 Million |
|
China Dongxiang (Group) Co. Ltd
F:4C1
|
$145.79 Million |
|
PRIMA MARINE PCL-NVDR
BK:PRM-R
|
$145.66 Million |
|
PNGJL
NSE:PNGJL
|
$145.62 Million |
|
SHANDONG BOAN BIOTECH.H 1
F:UJ9
|
$145.58 Million |
|
Solara Active Pharma Sciences Limited
NSE:SOLARA
|
$145.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in British American Tobacco Malaysia Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 387,937,000 to 475,109,000, a change of 87,172,000 (22.5%).
- Net income of 202,446,000 contributed positively to equity growth.
- Dividend payments of 112,786,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM202.45 Million | +42.61% |
| Dividends Paid | RM112.79 Million | -23.74% |
| Other Changes | RM-2.49 Million | -0.52% |
| Total Change | RM- | 22.47% |
Book Value vs Market Value Analysis
This analysis compares British American Tobacco Malaysia 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: 3.58x
- 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 increased from 2.75x to 3.58x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | RM2.16 | RM5.95 | x |
| 2006-12-31 | RM1.93 | RM5.95 | x |
| 2007-12-31 | RM1.21 | RM5.95 | x |
| 2008-12-31 | RM1.42 | RM5.95 | x |
| 2009-12-31 | RM1.54 | RM5.95 | x |
| 2010-12-31 | RM1.72 | RM5.95 | x |
| 2011-12-31 | RM1.51 | RM5.95 | x |
| 2012-12-31 | RM1.70 | RM5.95 | x |
| 2013-12-31 | RM1.78 | RM5.95 | x |
| 2014-12-31 | RM1.84 | RM5.95 | x |
| 2015-12-31 | RM1.91 | RM5.95 | x |
| 2016-12-31 | RM2.15 | RM5.95 | x |
| 2017-12-31 | RM1.34 | RM5.95 | x |
| 2018-12-31 | RM1.48 | RM5.95 | x |
| 2019-12-31 | RM1.36 | RM5.95 | x |
| 2020-12-31 | RM1.31 | RM5.95 | x |
| 2021-12-31 | RM1.34 | RM5.95 | x |
| 2022-12-31 | RM1.32 | RM5.95 | x |
| 2023-12-31 | RM1.32 | RM5.95 | x |
| 2024-12-31 | RM1.36 | RM5.95 | x |
| 2025-12-31 | RM1.66 | RM5.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently British American Tobacco Malaysia 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): 42.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.22%
- • Asset Turnover: 1.74x
- • Equity Multiplier: 2.66x
- Recent ROE (42.61%) is below the historical average (123.11%), 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 | 95.92% | 16.63% | 2.07x | 2.78x | RM531.00 Million |
| 2006 | 130.42% | 19.92% | 2.23x | 2.94x | RM664.50 Million |
| 2007 | 211.59% | 19.11% | 2.65x | 4.18x | RM697.34 Million |
| 2008 | 199.54% | 19.63% | 2.78x | 3.66x | RM771.01 Million |
| 2009 | 170.00% | 19.03% | 2.72x | 3.28x | RM702.86 Million |
| 2010 | 149.08% | 18.44% | 2.53x | 3.20x | RM682.07 Million |
| 2011 | 166.68% | 17.44% | 2.63x | 3.63x | RM676.44 Million |
| 2012 | 164.52% | 18.28% | 3.02x | 2.98x | RM749.26 Million |
| 2013 | 161.99% | 18.23% | 3.29x | 2.70x | RM772.61 Million |
| 2014 | 172.09% | 18.81% | 3.74x | 2.45x | RM849.61 Million |
| 2015 | 166.49% | 19.86% | 3.80x | 2.21x | RM855.40 Million |
| 2016 | 117.59% | 19.20% | 3.14x | 1.95x | RM659.95 Million |
| 2017 | 128.92% | 16.41% | 2.87x | 2.73x | RM454.42 Million |
| 2018 | 111.11% | 16.60% | 2.56x | 2.61x | RM426.36 Million |
| 2019 | 88.96% | 13.78% | 2.44x | 2.65x | RM306.84 Million |
| 2020 | 64.90% | 10.44% | 2.02x | 3.07x | RM204.58 Million |
| 2021 | 74.47% | 10.80% | 1.89x | 3.64x | RM246.61 Million |
| 2022 | 69.61% | 10.11% | 1.91x | 3.60x | RM224.81 Million |
| 2023 | 51.58% | 8.43% | 1.94x | 3.15x | RM156.99 Million |
| 2024 | 47.21% | 7.91% | 1.94x | 3.08x | RM144.35 Million |
| 2025 | 42.61% | 9.22% | 1.74x | 2.66x | RM154.94 Million |
Industry Comparison
This section compares British American Tobacco Malaysia Bhd's net assets metrics with peer companies in the Tobacco industry.
No peer company data available for comparison.