British American Tobacco Malaysia Bhd (4162) - Net Assets

Latest as of December 2025: RM475.11 Million MYR ≈ $119.28 Million USD

Based on the latest financial reports, British American Tobacco Malaysia Bhd (4162) has net assets worth RM475.11 Million MYR (≈ $119.28 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 (RM1.26 Billion ≈ $316.94 Million USD) and total liabilities (RM787.28 Million ≈ $197.66 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 4162 financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of British American Tobacco Malaysia Bhd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 4162 market cap.

Year	Net Assets	Change
2025-12-31	RM475.11 Million ≈ $119.28 Million	+22.47%
2024-12-31	RM387.94 Million ≈ $97.40 Million	+2.75%
2023-12-31	RM377.56 Million ≈ $94.79 Million	+0.11%
2022-12-31	RM377.14 Million ≈ $94.69 Million	-1.41%
2021-12-31	RM382.52 Million ≈ $96.04 Million	+2.65%
2020-12-31	RM372.64 Million ≈ $93.56 Million	-4.10%
2019-12-31	RM388.58 Million ≈ $97.56 Million	-7.85%
2018-12-31	RM421.67 Million ≈ $105.87 Million	+10.35%
2017-12-31	RM382.12 Million ≈ $95.94 Million	-37.70%
2016-12-31	RM613.40 Million ≈ $154.01 Million	+12.22%
2015-12-31	RM546.62 Million ≈ $137.24 Million	+4.28%
2014-12-31	RM524.17 Million ≈ $131.60 Million	+3.12%
2013-12-31	RM508.33 Million ≈ $127.63 Million	+4.83%
2012-12-31	RM484.90 Million ≈ $121.74 Million	+12.31%
2011-12-31	RM431.74 Million ≈ $108.39 Million	-11.97%
2010-12-31	RM490.43 Million ≈ $123.13 Million	+11.64%
2009-12-31	RM439.29 Million ≈ $110.29 Million	+7.99%
2008-12-31	RM406.77 Million ≈ $102.13 Million	+17.59%
2007-12-31	RM345.91 Million ≈ $86.85 Million	-37.31%
2006-12-31	RM551.82 Million ≈ $138.54 Million	-10.71%
2005-12-31	RM618.03 Million ≈ $155.17 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
Tivan Ltd AU:TVN	$449.50 Million
Jiangsu Flag Chemical Industry Co Ltd SHE:300575	$449.51 Million
Hefei Gocom Information Technology Co Ltd SHG:688367	$449.55 Million
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd SHE:300967	$449.59 Million
Shui On Land Limited F:OL5	$449.47 Million
Surya Semesta Internusa Tbk JK:SSIA	$449.41 Million
PDS Limited NSE:PDSL	$449.39 Million
Ho Chi Minh City Infrastructure Investment JSC VN:CII	$449.35 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: 3.77x
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 2.90x to 3.77x 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	RM6.27	x
2006-12-31	RM1.93	RM6.27	x
2007-12-31	RM1.21	RM6.27	x
2008-12-31	RM1.42	RM6.27	x
2009-12-31	RM1.54	RM6.27	x
2010-12-31	RM1.72	RM6.27	x
2011-12-31	RM1.51	RM6.27	x
2012-12-31	RM1.70	RM6.27	x
2013-12-31	RM1.78	RM6.27	x
2014-12-31	RM1.84	RM6.27	x
2015-12-31	RM1.91	RM6.27	x
2016-12-31	RM2.15	RM6.27	x
2017-12-31	RM1.34	RM6.27	x
2018-12-31	RM1.48	RM6.27	x
2019-12-31	RM1.36	RM6.27	x
2020-12-31	RM1.31	RM6.27	x
2021-12-31	RM1.34	RM6.27	x
2022-12-31	RM1.32	RM6.27	x
2023-12-31	RM1.32	RM6.27	x
2024-12-31	RM1.36	RM6.27	x
2025-12-31	RM1.66	RM6.27	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.

About British American Tobacco Malaysia Bhd

KLSE:4162 Malaysia Tobacco

Market Cap

$449.48 Million

RM1.79 Billion MYR

Market Cap Rank

#13116 Global

#140 in Malaysia

Share Price

RM6.27

Change (1 day)

+0.00%

52-Week Range

RM4.18 - RM6.68

All Time High

RM36.22