SEAL Incorporated Bhd (4286) - Net Assets

Latest as of June 2026: RM388.46 Million MYR ≈ $97.53 Million USD

Based on the latest financial reports, SEAL Incorporated Bhd (4286) has net assets worth RM388.46 Million MYR (≈ $97.53 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM632.05 Million ≈ $158.69 Million USD) and total liabilities (RM243.59 Million ≈ $61.16 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 SEAL Incorporated Bhd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM388.46 Million
% of Total Assets	61.46%
Annual Growth Rate	5.69%
5-Year Change	25.12%
10-Year Change	54.02%
Growth Volatility	15.73

SEAL Incorporated Bhd - Net Assets Trend (2012–2026)

This chart illustrates how SEAL Incorporated Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 4286 stock market capitalisation.

Annual Net Assets for SEAL Incorporated Bhd (2012–2026)

The table below shows the annual net assets of SEAL Incorporated Bhd from 2012 to 2026. Also explore SEAL Incorporated Bhd annual equity growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-06-30	RM388.46 Million ≈ $97.53 Million	+1.51%
2025-06-30	RM382.70 Million ≈ $96.08 Million	+7.27%
2024-06-30	RM356.76 Million ≈ $89.57 Million	+7.54%
2023-06-30	RM331.73 Million ≈ $83.29 Million	+6.85%
2022-06-30	RM310.47 Million ≈ $77.95 Million	+6.20%
2021-06-30	RM292.36 Million ≈ $73.40 Million	-3.43%
2020-06-30	RM302.74 Million ≈ $76.01 Million	+5.61%
2019-06-30	RM286.67 Million ≈ $71.97 Million	+7.42%
2018-06-30	RM266.87 Million ≈ $67.00 Million	+5.81%
2017-06-30	RM252.22 Million ≈ $63.32 Million	+4.57%
2016-06-30	RM241.20 Million ≈ $60.56 Million	-20.40%
2015-06-30	RM303.00 Million ≈ $76.07 Million	-8.18%
2014-06-30	RM330.00 Million ≈ $82.85 Million	+53.49%
2013-06-30	RM215.00 Million ≈ $53.98 Million	+20.11%
2012-06-30	RM179.00 Million ≈ $44.94 Million	--

Equity Component Analysis

This analysis shows how different components contribute to SEAL Incorporated 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 63.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2026)

Component	Amount	Percentage
Retained Earnings	RM179.21 Million	46.06%
Other Components	RM209.89 Million	53.94%
Total Equity	RM389.10 Million	100.00%

SEAL Incorporated Bhd Competitors by Market Cap

The table below lists competitors of SEAL Incorporated Bhd ranked by their market capitalization.

Company	Market Cap
Westwater Resources Inc NYSE MKT:WWR	$71.08 Million
Softtech Engineers Limited NSE:SOFTTECH	$71.10 Million
Comet Ridge Ltd AU:COI	$71.11 Million
Polygon-L TA:POLY	$71.13 Million
All Cosmos Bio-Tech Holding Corp TW:4148	$71.07 Million
Intiland Development Tbk JK:DILD	$71.07 Million
Games Workshop Group PLC LSE:GAW	$71.05 Million
TSA KLSE:0297	$71.05 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2025 to 2026, total equity changed from 382,695,820 to 389,100,000, a change of 6,404,180 (1.7%).
Net income of 6,404,000 contributed positively to equity growth.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	RM6.40 Million	+1.65%
Other Changes	RM180.00	+0.0%
Total Change	RM-	1.67%

Book Value vs Market Value Analysis

This analysis compares SEAL Incorporated 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: 0.73x
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 increased from 0.56x to 0.73x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-06-30	RM1.12	RM0.63	x
2017-06-30	RM1.06	RM0.63	x
2018-06-30	RM1.13	RM0.63	x
2019-06-30	RM1.21	RM0.63	x
2020-06-30	RM1.28	RM0.63	x
2021-06-30	RM1.23	RM0.63	x
2022-06-30	RM1.10	RM0.63	x
2023-06-30	RM1.05	RM0.63	x
2024-06-30	RM0.85	RM0.63	x
2025-06-30	RM0.85	RM0.63	x
2026-06-30	RM0.87	RM0.63	x

Capital Efficiency Dashboard

This dashboard shows how efficiently SEAL Incorporated 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): 1.65%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.79%
• Asset Turnover: 0.07x
• Equity Multiplier: 1.62x
Recent ROE (1.65%) is below the historical average (1.80%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	1.49%	5.02%	0.18x	1.61x	RM-20.52 Million
2017	-3.58%	-10.86%	0.23x	1.42x	RM-34.26 Million
2018	5.57%	10.96%	0.34x	1.49x	RM-11.83 Million
2019	6.91%	19.76%	0.23x	1.50x	RM-8.87 Million
2020	5.31%	41.66%	0.08x	1.51x	RM-14.20 Million
2021	-3.55%	-55.22%	0.04x	1.47x	RM-39.62 Million
2022	1.39%	45.31%	0.02x	1.44x	RM-26.73 Million
2023	3.54%	22.79%	0.11x	1.46x	RM-21.43 Million
2024	-0.89%	-20.18%	0.03x	1.42x	RM-38.85 Million
2025	2.01%	18.55%	0.07x	1.57x	RM-30.56 Million
2026	1.65%	14.79%	0.07x	1.62x	RM-32.51 Million

Industry Comparison

This section compares SEAL Incorporated 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: $573,686,717
Average return on equity (ROE) among peers: 6.71%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SEAL Incorporated Bhd (4286)	RM388.46 Million	1.49%	0.63x	$71.08 Million
Vinvest Capital Holdings Bhd (0069)	$452.10 Million	0.97%	0.16x	$3.65 Million
Gagasan Nadi Cergas Berhad (0206)	$378.75 Million	8.60%	1.40x	$58.61 Million
Vestland Berhad (0273)	$71.56 Million	35.09%	2.17x	$218.12 Million
Global Oriental Bhd (1147)	$258.93 Million	0.64%	1.99x	$10.27 Million
Pan Malaysia Holdings Bhd (1287)	$29.94 Million	-0.21%	0.72x	$294.43 Million
GuocoLand (Malaysia) Bhd (1503)	$892.00 Million	4.71%	1.18x	$3.35 Million
Symphony Life Bhd (1538)	$609.57 Million	5.22%	0.96x	$29.75 Million
Iskandar Waterfront City Bhd (1589)	$770.75 Million	-1.19%	1.36x	$49.72 Million
Paramount Corporation Bhd (1724)	$1.63 Billion	5.83%	0.83x	$157.92 Million
Selangor Dredging Bhd (2224)	$644.00 Million	7.45%	1.01x	$51.89 Million

About SEAL Incorporated Bhd

KLSE:4286 Malaysia Real Estate - Development

Market Cap

$71.08 Million

RM283.10 Million MYR

Market Cap Rank

#20633 Global

#403 in Malaysia

Share Price

RM0.63

Change (1 day)

-0.79%

52-Week Range

RM0.59 - RM0.78

All Time High

RM0.89