YTL Corporation Bhd (4677) - Net Assets

Latest as of September 2025: RM27.98 Billion MYR

Based on the latest financial reports, YTL Corporation Bhd (4677) has net assets worth RM27.98 Billion MYR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM97.95 Billion) and total liabilities (RM69.98 Billion). 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	RM27.98 Billion
% of Total Assets	28.56%
Annual Growth Rate	6.08%
5-Year Change	61.84%
10-Year Change	20.12%
Growth Volatility	11.32

YTL Corporation Bhd - Net Assets Trend (2005–2025)

This chart illustrates how YTL Corporation 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 YTL Corporation Bhd (2005–2025)

The table below shows the annual net assets of YTL Corporation Bhd from 2005 to 2025.

Year	Net Assets	Change
2025-06-30	RM26.44 Billion	+9.44%
2024-06-30	RM24.16 Billion	+20.12%
2023-06-30	RM20.11 Billion	+14.81%
2022-06-30	RM17.52 Billion	+7.23%
2021-06-30	RM16.34 Billion	+4.66%
2020-06-30	RM15.61 Billion	-25.29%
2019-06-30	RM20.89 Billion	-3.61%
2018-06-30	RM21.68 Billion	-5.45%
2017-06-30	RM22.93 Billion	+4.15%
2016-06-30	RM22.01 Billion	+5.84%
2015-06-30	RM20.80 Billion	+5.14%
2014-06-30	RM19.78 Billion	+27.14%
2013-06-30	RM15.56 Billion	+8.20%
2012-06-30	RM14.38 Billion	+14.70%
2011-06-30	RM12.54 Billion	+9.73%
2010-06-30	RM11.43 Billion	+9.86%
2009-06-30	RM10.40 Billion	-10.69%
2008-06-30	RM11.65 Billion	+6.98%
2007-06-30	RM10.89 Billion	+11.14%
2006-06-30	RM9.80 Billion	+20.64%
2005-06-30	RM8.12 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to YTL Corporation 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 168.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	RM12.90 Billion	72.34%
Common Stock	RM3.85 Billion	21.61%
Other Components	RM1.08 Billion	6.05%
Total Equity	RM17.83 Billion	100.00%

YTL Corporation Bhd Competitors by Market Cap

The table below lists competitors of YTL Corporation Bhd ranked by their market capitalization.

Company	Market Cap
Hebei Yangyuan ZhiHui Beverage Co Ltd SHG:603156	$5.83 Billion
Nestle (Malaysia) Bhd KLSE:4707	$5.83 Billion
Rhythm Pharmaceuticals Inc NASDAQ:RYTM	$5.84 Billion
Marfrig Global Foods S.A. SA:MRFG3	$5.84 Billion
Inner Mongolia Yitai Coal Co Ltd SHG:900948	$5.83 Billion
Porsche Automobil Holding SE Pfd. WAR:PSHE	$5.83 Billion
Hyundai Motor Co Pref KO:005387	$5.83 Billion
Hainan Jinpan Smart Technology Co. Ltd. A SHG:688676	$5.83 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 16,418,119,000 to 17,834,747,000, a change of 1,416,628,000 (8.6%).
Net income of 1,880,273,000 contributed positively to equity growth.
Dividend payments of 496,821,000 reduced retained earnings.
Share repurchases of 958,669,000 reduced equity.
New share issuances of 989,607,000 increased equity.
Other comprehensive income decreased equity by 1,970,014,999.
Other factors increased equity by 1,972,252,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM1.88 Billion	+10.54%
Dividends Paid	RM496.82 Million	-2.79%
Share Repurchases	RM958.67 Million	-5.38%
Share Issuances	RM989.61 Million	+5.55%
Other Comprehensive Income	RM-1.97 Billion	-11.05%
Other Changes	RM1.97 Billion	+11.06%
Total Change	RM-	8.63%

Book Value vs Market Value Analysis

This analysis compares YTL Corporation 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: 1.34x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 3.47x to 1.34x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-06-30	RM0.58	RM2.00	x
2006-06-30	RM0.76	RM2.00	x
2007-06-30	RM0.82	RM2.00	x
2008-06-30	RM0.85	RM2.00	x
2009-06-30	RM1.08	RM2.00	x
2010-06-30	RM0.96	RM2.00	x
2011-06-30	RM1.02	RM2.00	x
2012-06-30	RM1.20	RM2.00	x
2013-06-30	RM1.22	RM2.00	x
2014-06-30	RM1.32	RM2.00	x
2015-06-30	RM1.34	RM2.00	x
2016-06-30	RM1.33	RM2.00	x
2017-06-30	RM1.34	RM2.00	x
2018-06-30	RM1.30	RM2.00	x
2019-06-30	RM1.21	RM2.00	x
2020-06-30	RM1.13	RM2.00	x
2021-06-30	RM1.18	RM2.00	x
2022-06-30	RM1.17	RM2.00	x
2023-06-30	RM1.31	RM2.00	x
2024-06-30	RM1.47	RM2.00	x
2025-06-30	RM1.49	RM2.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently YTL Corporation 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): 10.54%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.10%
• Asset Turnover: 0.32x
• Equity Multiplier: 5.48x
Recent ROE (10.54%) is above the historical average (10.05%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	16.37%	18.45%	0.17x	5.21x	RM354.48 Million
2006	26.96%	33.60%	0.18x	4.34x	RM1.16 Billion
2007	19.66%	23.84%	0.18x	4.65x	RM704.87 Million
2008	17.84%	21.02%	0.17x	4.99x	RM605.04 Million
2009	14.84%	15.76%	0.20x	4.81x	RM456.90 Million
2010	16.71%	9.84%	0.36x	4.75x	RM652.35 Million
2011	9.98%	5.64%	0.38x	4.66x	RM-2.02 Million
2012	9.70%	5.85%	0.39x	4.24x	RM-36.74 Million
2013	9.56%	6.38%	0.37x	4.02x	RM-58.85 Million
2014	10.81%	8.07%	0.32x	4.24x	RM116.30 Million
2015	6.95%	6.07%	0.25x	4.56x	RM-445.63 Million
2016	6.28%	5.96%	0.23x	4.61x	RM-543.92 Million
2017	5.47%	5.52%	0.20x	5.02x	RM-674.08 Million
2018	7.10%	6.31%	0.22x	5.05x	RM-410.45 Million
2019	1.83%	1.34%	0.24x	5.79x	RM-1.08 Billion
2020	-1.52%	-0.99%	0.27x	5.61x	RM-1.44 Billion
2021	-2.87%	-2.13%	0.23x	5.78x	RM-1.65 Billion
2022	4.22%	2.25%	0.34x	5.59x	RM-748.46 Million
2023	7.57%	3.70%	0.36x	5.63x	RM-350.87 Million
2024	13.04%	7.02%	0.34x	5.41x	RM498.73 Million
2025	10.54%	6.10%	0.32x	5.48x	RM96.80 Million

Industry Comparison

This section compares YTL Corporation Bhd's net assets metrics with peer companies in the Utilities - Diversified industry.

Industry Context

Industry: Utilities - Diversified
Average net assets among peers: $7,285,774,500
Average return on equity (ROE) among peers: 9.71%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
YTL Corporation Bhd (4677)	RM27.98 Billion	16.37%	2.50x	$5.83 Billion
Malakoff Corporation Bhd (5264)	$4.76 Billion	6.85%	3.53x	$1.06 Billion
YTL Power International Bhd (6742)	$9.81 Billion	12.56%	2.97x	$8.07 Billion

About YTL Corporation Bhd

KLSE:4677 Malaysia Utilities - Diversified

Market Cap

$5.83 Billion

RM23.22 Billion MYR

Market Cap Rank

#3090 Global

#22 in Malaysia

Share Price

RM2.00

Change (1 day)

+1.01%

52-Week Range

RM1.61 - RM2.80

All Time High

RM3.79