Far East Holdings Bhd (5029) - Net Assets
Based on the latest financial reports, Far East Holdings Bhd (5029) has net assets worth RM1.57 Billion MYR (≈ $395.07 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 (RM1.91 Billion ≈ $480.56 Million USD) and total liabilities (RM340.51 Million ≈ $85.49 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 5029 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM1.57 Billion |
| % of Total Assets | 82.21% |
| Annual Growth Rate | 2.58% |
| 5-Year Change | 28.1% |
| 10-Year Change | 11.58% |
| Growth Volatility | 7.65 |
Far East Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Far East Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Far East Holdings Bhd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Far East Holdings Bhd (2012–2024)
The table below shows the annual net assets of Far East Holdings Bhd from 2012 to 2024. For live valuation and market cap data, see 5029 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM1.47 Billion ≈ $368.37 Million |
+6.10% |
| 2023-12-31 | RM1.38 Billion ≈ $347.19 Million |
+0.74% |
| 2022-12-31 | RM1.37 Billion ≈ $344.64 Million |
+9.78% |
| 2021-12-31 | RM1.25 Billion ≈ $313.95 Million |
+9.17% |
| 2020-12-31 | RM1.15 Billion ≈ $287.58 Million |
+6.92% |
| 2019-12-31 | RM1.07 Billion ≈ $268.96 Million |
+6.28% |
| 2018-12-31 | RM1.01 Billion ≈ $253.07 Million |
-5.89% |
| 2017-12-31 | RM1.07 Billion ≈ $268.92 Million |
-2.21% |
| 2016-12-31 | RM1.10 Billion ≈ $275.00 Million |
-16.71% |
| 2015-12-31 | RM1.31 Billion ≈ $330.15 Million |
+11.82% |
| 2014-12-31 | RM1.18 Billion ≈ $295.25 Million |
+5.09% |
| 2013-12-31 | RM1.12 Billion ≈ $280.94 Million |
+3.52% |
| 2012-12-31 | RM1.08 Billion ≈ $271.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Far East Holdings 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 124.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.27 Billion | 86.51% |
| Common Stock | RM197.95 Million | 13.49% |
| Other Components | RM39.00K | 0.00% |
| Total Equity | RM1.47 Billion | 100.00% |
Far East Holdings Bhd Competitors by Market Cap
The table below lists competitors of Far East Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Cheng Yi Pharmaceutical Co Ltd
SHG:603811
|
$589.11 Million |
|
Bannerman Energy Ltd
AU:BMN
|
$589.23 Million |
|
First Sensor AG
F:SIS
|
$589.27 Million |
|
VinaCapital Vietnam Opportunity Fund
LSE:VOF
|
$589.32 Million |
|
Globalworth REIT
LSE:GWI
|
$588.83 Million |
|
MSC Income Fund, Inc.
NYSE:MSIF
|
$588.74 Million |
|
Zhejiang Tengen Electrics Co Ltd
SHG:605066
|
$588.67 Million |
|
YeaShin International Development Co Ltd
TWO:5213
|
$588.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Far East Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,382,842,630 to 1,467,230,000, a change of 84,387,370 (6.1%).
- Net income of 190,174,000 contributed positively to equity growth.
- Dividend payments of 136,583,000 reduced retained earnings.
- Other factors increased equity by 30,796,370.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM190.17 Million | +12.96% |
| Dividends Paid | RM136.58 Million | -9.31% |
| Other Changes | RM30.80 Million | +2.1% |
| Total Change | RM- | 6.10% |
Book Value vs Market Value Analysis
This analysis compares Far East Holdings 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: 1.60x
- 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 2.14x to 1.60x 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 | RM1.84 | RM3.95 | x |
| 2017-12-31 | RM1.80 | RM3.95 | x |
| 2018-12-31 | RM1.70 | RM3.95 | x |
| 2019-12-31 | RM1.80 | RM3.95 | x |
| 2020-12-31 | RM1.93 | RM3.95 | x |
| 2021-12-31 | RM2.11 | RM3.95 | x |
| 2022-12-31 | RM2.31 | RM3.95 | x |
| 2023-12-31 | RM2.33 | RM3.95 | x |
| 2024-12-31 | RM2.47 | RM3.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Far East Holdings 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): 12.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.02%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.22x
- Recent ROE (12.96%) is above the historical average (10.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.04% | 33.85% | 0.22x | 1.47x | RM11.36 Million |
| 2017 | 10.65% | 23.63% | 0.35x | 1.28x | RM6.95 Million |
| 2018 | 4.94% | 13.11% | 0.33x | 1.15x | RM-51.00 Million |
| 2019 | 7.47% | 20.99% | 0.31x | 1.16x | RM-27.11 Million |
| 2020 | 8.55% | 14.65% | 0.45x | 1.29x | RM-16.56 Million |
| 2021 | 13.14% | 23.69% | 0.44x | 1.26x | RM39.30 Million |
| 2022 | 15.83% | 27.65% | 0.45x | 1.27x | RM80.00 Million |
| 2023 | 7.12% | 18.16% | 0.32x | 1.23x | RM-39.77 Million |
| 2024 | 12.96% | 22.02% | 0.48x | 1.22x | RM43.45 Million |
Industry Comparison
This section compares Far East Holdings Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $392,294,074
- Average return on equity (ROE) among peers: -5.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Far East Holdings Bhd (5029) | RM1.57 Billion | 11.04% | 0.22x | $588.92 Million |
| Green Ocean Corporation Bhd (0074) | $20.36 Million | 1.37% | 1.88x | $3.71 Million |
| MAG Holdings Berhad (0095) | $478.25 Million | -22.74% | 0.13x | $76.43 Million |
| Greenyield Bhd (0136) | $54.42 Million | -0.73% | 0.43x | $25.74 Million |
| Heng Huat Resources Group Bhd (0175) | $35.43 Million | -56.90% | 1.19x | $16.10 Million |
| Matang Bhd (0189) | $246.20 Million | 1.30% | 0.02x | $44.99 Million |
| Pinehill Pacific Bhd (1902) | $213.82 Million | 44.95% | 0.02x | $17.30 Million |
| Chin Teck Plantations Bhd (1929) | $672.62 Million | 4.77% | 0.05x | $250.49 Million |
| Kretam Holdings Bhd (1996) | $924.00 Million | -0.54% | 0.28x | $386.07 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $537.26 Million | 0.23% | 0.35x | $98.88 Million |
| TDM Berhad (2054) | $740.59 Million | -26.99% | 1.25x | $97.33 Million |
About Far East Holdings Bhd
Far East Holdings Berhad, together with its subsidiaries, engages in the cultivation of oil palms in Malaysia. The company produces and sells fresh fruit bunches, crude palm oil, and palm kernel, as well as engages in investment holding activities. The company was incorporated in 1973 and is headquartered in Kuantan, Malaysia.