MHC Plantations Bhd
MHC Plantations Bhd., an investment holding company, engages in cultivating, milling, and selling oil palm products in Malaysia. It operates through three segments: Plantation, Oil Mill, and Power Plant. The company offers fresh fruit bunches, crude palm oil, and palm kernel. It is also involved in the operation of a hotel; property investment and housing development activities; operation of quar… Read more
MHC Plantations Bhd (5026) - Net Assets
Latest net assets as of September 2025: RM357.45 Million MYR
Based on the latest financial reports, MHC Plantations Bhd (5026) has net assets worth RM357.45 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM793.44 Million) and total liabilities (RM435.98 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 | RM357.45 Million |
| % of Total Assets | 45.05% |
| Annual Growth Rate | 1.1% |
| 5-Year Change | 34.62% |
| 10-Year Change | -63.57% |
| Growth Volatility | 62.51 |
MHC Plantations Bhd - Net Assets Trend (2012–2024)
This chart illustrates how MHC Plantations 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 MHC Plantations Bhd (2012–2024)
The table below shows the annual net assets of MHC Plantations Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM337.72 Million | +5.25% |
| 2023-12-31 | RM320.87 Million | +4.10% |
| 2022-12-31 | RM308.24 Million | +8.06% |
| 2021-12-31 | RM285.24 Million | +13.70% |
| 2020-12-31 | RM250.87 Million | +4.57% |
| 2019-12-31 | RM239.90 Million | -3.28% |
| 2018-12-31 | RM248.05 Million | +0.05% |
| 2017-12-31 | RM247.91 Million | +5.53% |
| 2016-12-31 | RM234.92 Million | -74.66% |
| 2015-12-31 | RM927.00 Million | -0.22% |
| 2014-12-31 | RM929.00 Million | +1.75% |
| 2013-12-31 | RM913.00 Million | +208.45% |
| 2012-12-31 | RM296.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MHC Plantations 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 32.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM141.18 Million | 41.80% |
| Common Stock | RM196.54 Million | 58.20% |
| Total Equity | RM337.72 Million | 100.00% |
MHC Plantations Bhd Competitors by Market Cap
The table below lists competitors of MHC Plantations Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atrem S.A.
WAR:ATR
|
$23.59 Million |
|
Pureun Mutual Savings Bank Co. Ltd
KQ:007330
|
$23.59 Million |
|
IFirma SA
WAR:IFI
|
$23.60 Million |
|
Flagship Minerals Ltd
AU:FLG
|
$23.60 Million |
|
BE Group AB (publ)
F:BGA1
|
$23.57 Million |
|
tsh biopharmoration Ltd
TWO:8432
|
$23.56 Million |
|
Glintt
LS:GLINT
|
$23.54 Million |
|
S.D. STANDARD ETC DL-03
F:S1P
|
$23.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MHC Plantations Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 320,866,520 to 337,721,820, a change of 16,855,300 (5.3%).
- Net income of 28,712,350 contributed positively to equity growth.
- Dividend payments of 11,792,640 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM28.71 Million | +8.5% |
| Dividends Paid | RM11.79 Million | -3.49% |
| Other Changes | RM-64.41K | -0.02% |
| Total Change | RM- | 5.25% |
Book Value vs Market Value Analysis
This analysis compares MHC Plantations 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: 0.90x
- 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 decreased from 1.29x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.20 | RM1.54 | x |
| 2017-12-31 | RM1.26 | RM1.54 | x |
| 2018-12-31 | RM1.26 | RM1.54 | x |
| 2019-12-31 | RM1.22 | RM1.54 | x |
| 2020-12-31 | RM1.28 | RM1.54 | x |
| 2021-12-31 | RM1.45 | RM1.54 | x |
| 2022-12-31 | RM1.57 | RM1.54 | x |
| 2023-12-31 | RM1.63 | RM1.54 | x |
| 2024-12-31 | RM1.72 | RM1.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MHC Plantations 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): 8.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.70%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.32x
- Recent ROE (8.50%) is above the historical average (6.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.97% | 1.33% | 0.23x | 3.20x | RM-37.09 Million |
| 2016 | 3.88% | 2.67% | 0.45x | 3.21x | RM-14.39 Million |
| 2017 | 6.46% | 4.10% | 0.52x | 3.03x | RM-8.78 Million |
| 2018 | 1.80% | 1.30% | 0.47x | 2.96x | RM-20.35 Million |
| 2019 | 1.04% | 0.81% | 0.44x | 2.95x | RM-21.49 Million |
| 2020 | 5.45% | 3.85% | 0.51x | 2.79x | RM-11.41 Million |
| 2021 | 14.76% | 7.03% | 0.83x | 2.53x | RM13.58 Million |
| 2022 | 11.23% | 5.84% | 0.81x | 2.37x | RM3.80 Million |
| 2023 | 6.87% | 4.61% | 0.65x | 2.30x | RM-10.06 Million |
| 2024 | 8.50% | 5.70% | 0.64x | 2.32x | RM-5.06 Million |
Industry Comparison
This section compares MHC Plantations Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $444,702,596
- Average return on equity (ROE) among peers: 1.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MHC Plantations Bhd (5026) | RM357.45 Million | 0.97% | 1.22x | $23.58 Million |
| Green Ocean Corporation Bhd (0074) | $21.99 Million | 8.76% | 1.57x | $2.27 Million |
| MAG Holdings Berhad (0095) | $473.76 Million | -1.41% | 0.15x | $29.82 Million |
| Greenyield Bhd (0136) | $54.42 Million | -0.73% | 0.43x | $3.29 Million |
| Heng Huat Resources Group Bhd (0175) | $231.51 Million | 3.70% | 0.31x | $7.31 Million |
| Matang Bhd (0189) | $248.32 Million | 2.40% | 0.03x | $17.51 Million |
| Pinehill Pacific Bhd (1902) | $184.30 Million | -6.00% | -0.03x | $6.70 Million |
| Chin Teck Plantations Bhd (1929) | $651.35 Million | 10.97% | 0.05x | $63.45 Million |
| Kretam Holdings Bhd (1996) | $607.72 Million | -6.37% | 0.35x | $46.24 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $545.52 Million | -0.47% | 0.35x | $25.62 Million |
| TDM Berhad (2054) | $1.43 Billion | 1.62% | 0.87x | $25.63 Million |