Glomac Bhd
Glomac Berhad, an investment holding company, engages in the property development business in Malaysia. It operates through three segments: Property Development, Construction, and Property Investment. The company develops residential, commercial, and mixed-use properties, as well as townships; invests in and sells land and buildings; and offers property management services. It also constructs bui… Read more
Glomac Bhd (5020) - Net Assets
Latest net assets as of October 2025: RM1.19 Billion MYR
Based on the latest financial reports, Glomac Bhd (5020) has net assets worth RM1.19 Billion MYR as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.79 Billion) and total liabilities (RM595.74 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 | RM1.19 Billion |
| % of Total Assets | 66.72% |
| Annual Growth Rate | 3.04% |
| 5-Year Change | 6.45% |
| 10-Year Change | 21.07% |
| Growth Volatility | 4.05 |
Glomac Bhd - Net Assets Trend (2013–2025)
This chart illustrates how Glomac 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 Glomac Bhd (2013–2025)
The table below shows the annual net assets of Glomac Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | RM1.20 Billion | -3.21% |
| 2024-04-30 | RM1.24 Billion | +5.32% |
| 2023-04-30 | RM1.18 Billion | +1.71% |
| 2022-04-30 | RM1.16 Billion | +2.67% |
| 2021-04-30 | RM1.13 Billion | +3.04% |
| 2020-04-30 | RM1.09 Billion | +0.37% |
| 2019-04-30 | RM1.09 Billion | -0.14% |
| 2018-04-30 | RM1.09 Billion | +1.38% |
| 2017-04-30 | RM1.08 Billion | +8.62% |
| 2016-04-30 | RM991.94 Million | -0.41% |
| 2015-04-30 | RM996.00 Million | +6.30% |
| 2014-04-30 | RM937.00 Million | +11.81% |
| 2013-04-30 | RM838.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Glomac 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 (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM796.11 Million | 66.29% |
| Common Stock | RM418.63 Million | 34.86% |
| Total Equity | RM1.20 Billion | 100.00% |
Glomac Bhd Competitors by Market Cap
The table below lists competitors of Glomac Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avi Ltd
JSE:AVI
|
$18.18 Million |
|
MV Oil Trust
NYSE:MVO
|
$18.19 Million |
|
BIO UV Group
PA:ALTUV
|
$18.19 Million |
|
Odyssee Technologies SA
PA:ALODY
|
$18.19 Million |
|
Lar Espana Real Estate
MC:LRE
|
$18.16 Million |
|
Vinyl Group Ltd
AU:VNL
|
$18.16 Million |
|
HydrogenPro AS
PINK:HYPRF
|
$18.15 Million |
|
Barfresh Food Group Inc
NASDAQ:BRFH
|
$18.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glomac Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,202,674,450 to 1,200,896,000, a change of -1,778,450 (-0.1%).
- Net income of 15,937,040 contributed positively to equity growth.
- Dividend payments of 17,268,620 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM15.94 Million | +1.33% |
| Dividends Paid | RM17.27 Million | -1.44% |
| Other Changes | RM-446.87K | -0.04% |
| Total Change | RM- | -0.15% |
Book Value vs Market Value Analysis
This analysis compares Glomac 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: 0.23x
- 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 |
|---|---|---|---|
| 2017-04-30 | RM1.35 | RM0.36 | x |
| 2018-04-30 | RM1.38 | RM0.36 | x |
| 2019-04-30 | RM1.40 | RM0.36 | x |
| 2020-04-30 | RM1.41 | RM0.36 | x |
| 2021-04-30 | RM1.47 | RM0.36 | x |
| 2022-04-30 | RM1.51 | RM0.36 | x |
| 2023-04-30 | RM1.53 | RM0.36 | x |
| 2024-04-30 | RM1.57 | RM0.36 | x |
| 2025-04-30 | RM1.56 | RM0.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glomac 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): 1.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.69%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.47x
- Recent ROE (1.33%) is below the historical average (4.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 9.27% | 18.39% | 0.25x | 1.99x | RM-6.89 Million |
| 2016 | 8.16% | 13.12% | 0.31x | 2.00x | RM-18.27 Million |
| 2017 | 10.04% | 18.52% | 0.30x | 1.82x | RM447.24K |
| 2018 | 2.85% | 7.74% | 0.21x | 1.76x | RM-78.07 Million |
| 2019 | 1.35% | 5.38% | 0.14x | 1.74x | RM-94.36 Million |
| 2020 | 1.15% | 5.12% | 0.13x | 1.73x | RM-96.88 Million |
| 2021 | 2.47% | 7.61% | 0.19x | 1.74x | RM-84.89 Million |
| 2022 | 3.27% | 14.59% | 0.13x | 1.69x | RM-77.95 Million |
| 2023 | 2.67% | 9.24% | 0.17x | 1.73x | RM-86.29 Million |
| 2024 | 1.96% | 8.82% | 0.14x | 1.65x | RM-96.67 Million |
| 2025 | 1.33% | 6.69% | 0.13x | 1.47x | RM-104.15 Million |
Industry Comparison
This section compares Glomac 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: $480,477,315
- Average return on equity (ROE) among peers: 2.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glomac Bhd (5020) | RM1.19 Billion | 9.27% | 0.50x | $18.18 Million |
| Tanco Holdings Bhd (2429) | $162.00 Million | -9.26% | 0.70x | $724.90 Million |
| Amalgamated Industrial Steel Berhad (2682) | $113.00 Million | -6.19% | 0.34x | $597.84K |
| EcoFirst Consolidated Bhd (3557) | $144.00 Million | 7.64% | 2.06x | $28.49 Million |
| Asian Pac Holdings Bhd (4057) | $862.32 Million | 8.54% | 0.89x | $14.92 Million |
| Ibraco Bhd (5084) | $487.88 Million | 9.44% | 0.94x | $16.96 Million |
| Ivory Properties Group Bhd (5175) | $401.00 Million | 4.99% | 1.28x | $167.70K |
| Tambun Indah Land Bhd (5191) | $705.71 Million | 8.73% | 0.20x | $23.69 Million |
| Eco World International Bhd (5283) | $1.29 Billion | -2.66% | 0.00x | $31.27 Million |
| Farlim Group (Malaysia) Bhd (6041) | $155.40 Million | -3.25% | 0.08x | $1.42 Million |