MHC Plantations Bhd (5026) - Net Assets

Latest as of September 2025: RM357.45 Million MYR ≈ $89.74 Million USD

Based on the latest financial reports, MHC Plantations Bhd (5026) has net assets worth RM357.45 Million MYR (≈ $89.74 Million USD) 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 ≈ $199.21 Million USD) and total liabilities (RM435.98 Million ≈ $109.46 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 MHC Plantations Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of MHC Plantations Bhd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see MHC Plantations Bhd market capitalisation.

Year	Net Assets	Change
2024-12-31	RM337.72 Million ≈ $84.79 Million	+5.25%
2023-12-31	RM320.87 Million ≈ $80.56 Million	+4.10%
2022-12-31	RM308.24 Million ≈ $77.39 Million	+8.06%
2021-12-31	RM285.24 Million ≈ $71.61 Million	+13.70%
2020-12-31	RM250.87 Million ≈ $62.98 Million	+4.57%
2019-12-31	RM239.90 Million ≈ $60.23 Million	-3.28%
2018-12-31	RM248.05 Million ≈ $62.28 Million	+0.05%
2017-12-31	RM247.91 Million ≈ $62.24 Million	+5.53%
2016-12-31	RM234.92 Million ≈ $58.98 Million	-74.66%
2015-12-31	RM927.00 Million ≈ $232.74 Million	-0.22%
2014-12-31	RM929.00 Million ≈ $233.24 Million	+1.75%
2013-12-31	RM913.00 Million ≈ $229.22 Million	+208.45%
2012-12-31	RM296.00 Million ≈ $74.32 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
XBP Europe Holdings Inc NASDAQ:XBP	$78.48 Million
Ringmetall SE XETRA:HP3A	$78.49 Million
Marmota Ltd AU:MEU	$78.50 Million
Borges Agricultural & Industrial Nuts S.A. MC:BAIN	$78.51 Million
Woorison F&G Co. Ltd KQ:073560	$78.45 Million
Heubach Colorants India Limited NSE:HEUBACHIND	$78.38 Million
Alquiber Quality SA MC:ALQ	$78.37 Million
Hektar Real Estate Investment Trust KLSE:5121	$78.35 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: 0.93x
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 1.33x to 0.93x 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	RM1.59	x
2017-12-31	RM1.26	RM1.59	x
2018-12-31	RM1.26	RM1.59	x
2019-12-31	RM1.22	RM1.59	x
2020-12-31	RM1.28	RM1.59	x
2021-12-31	RM1.45	RM1.59	x
2022-12-31	RM1.57	RM1.59	x
2023-12-31	RM1.63	RM1.59	x
2024-12-31	RM1.72	RM1.59	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: $517,331,666
Average return on equity (ROE) among peers: 2.04%

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	$78.46 Million
Green Ocean Corporation Bhd (0074)	$21.99 Million	8.76%	1.57x	$3.71 Million
MAG Holdings Berhad (0095)	$869.97 Million	5.40%	0.47x	$78.81 Million
Greenyield Bhd (0136)	$54.42 Million	-0.73%	0.43x	$25.05 Million
Heng Huat Resources Group Bhd (0175)	$75.79 Million	11.61%	0.75x	$28.17 Million
Matang Bhd (0189)	$246.80 Million	1.06%	0.02x	$44.99 Million
Pinehill Pacific Bhd (1902)	$124.00 Million	-20.97%	2.00x	$17.30 Million
Chin Teck Plantations Bhd (1929)	$858.81 Million	6.21%	0.06x	$255.99 Million
Kretam Holdings Bhd (1996)	$1.07 Billion	5.95%	0.23x	$391.83 Million
Negri Sembilan Oil Palms Bhd (2038)	$596.00 Million	-0.67%	0.11x	$93.77 Million
TDM Berhad (2054)	$1.25 Billion	3.75%	0.42x	$90.84 Million

About MHC Plantations Bhd

KLSE:5026 Malaysia Farm Products

Market Cap

$78.46 Million

RM312.50 Million MYR

Market Cap Rank

#20259 Global

#374 in Malaysia

Share Price

RM1.59

Change (1 day)

+0.00%

52-Week Range

RM0.97 - RM1.81

All Time High

RM1.81