Meridian Bhd (5040) - Net Assets

Latest as of September 2025: RM56.97 Million MYR ≈ $14.30 Million USD

Based on the latest financial reports, Meridian Bhd (5040) has net assets worth RM56.97 Million MYR (≈ $14.30 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 (RM129.71 Million ≈ $32.57 Million USD) and total liabilities (RM72.74 Million ≈ $18.26 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 Meridian Bhd (5040) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM56.97 Million
% of Total Assets	43.92%
Annual Growth Rate	-10.16%
5-Year Change	-56.93%
10-Year Change	-62.17%
Growth Volatility	15.31

Meridian Bhd - Net Assets Trend (2012–2024)

This chart illustrates how Meridian Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Meridian Bhd assets under control for the complete picture of this company's asset base.

Annual Net Assets for Meridian Bhd (2012–2024)

The table below shows the annual net assets of Meridian Bhd from 2012 to 2024. For live valuation and market cap data, see 5040 company net worth.

Year	Net Assets	Change
2024-12-31	RM59.13 Million ≈ $14.84 Million	-49.17%
2023-12-31	RM116.32 Million ≈ $29.20 Million	-3.34%
2022-12-31	RM120.33 Million ≈ $30.21 Million	-9.92%
2021-12-31	RM133.59 Million ≈ $33.54 Million	-2.69%
2020-12-31	RM137.29 Million ≈ $34.47 Million	+8.97%
2019-12-31	RM125.99 Million ≈ $31.63 Million	+6.80%
2018-12-31	RM117.97 Million ≈ $29.62 Million	-16.51%
2017-12-31	RM141.29 Million ≈ $35.47 Million	-5.88%
2016-12-31	RM150.12 Million ≈ $37.69 Million	-3.96%
2015-12-31	RM156.30 Million ≈ $39.24 Million	-26.62%
2014-12-31	RM213.00 Million ≈ $53.48 Million	-0.47%
2013-12-31	RM214.00 Million ≈ $53.73 Million	0.00%
2012-12-31	RM214.00 Million ≈ $53.73 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Meridian 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 12747100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	RM294.02 Million	497.27%
Total Equity	RM59.13 Million	100.00%

Meridian Bhd Competitors by Market Cap

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

Company	Market Cap
Global Opportunities Trust Ord LSE:GOT	$1.19 Million
Residential Secure Income plc LSE:RESI	$1.19 Million
Pacific Imperial Mines Inc V:PPM	$1.20 Million
Black Widow Resources Inc V:BWR	$1.20 Million
Distribution Finance Capital Holdings PLC LSE:DFCH	$1.19 Million
Golden Prospect Precious Metals Ltd LSE:GPM	$1.19 Million
Somero Enterprise Inc LSE:SOM	$1.18 Million
Amati AIM VCT plc LSE:AMAT	$1.18 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 116,319,000 to 59,127,000, a change of -57,192,000 (-49.2%).
Net loss of 57,192,000 reduced equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	RM-57.19 Million	-96.73%
Total Change	RM-	-49.17%

Book Value vs Market Value Analysis

This analysis compares Meridian 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: 0.08x
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
2015-12-31	RM0.32	RM0.02	x
2016-12-31	RM1.24	RM0.02	x
2017-12-31	RM1.17	RM0.02	x
2018-12-31	RM0.98	RM0.02	x
2019-12-31	RM0.87	RM0.02	x
2020-12-31	RM0.73	RM0.02	x
2021-12-31	RM0.59	RM0.02	x
2022-12-31	RM0.53	RM0.02	x
2023-12-31	RM0.51	RM0.02	x
2024-12-31	RM0.26	RM0.02	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Meridian 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): -96.73%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1213.49%
• Asset Turnover: 0.04x
• Equity Multiplier: 2.19x
Recent ROE (-96.73%) is below the historical average (-20.38%), 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	-35.65%	-65.05%	0.26x	2.10x	RM-71.35 Million
2016	-4.46%	-9.37%	0.24x	1.97x	RM-21.70 Million
2017	-6.25%	-46.44%	0.07x	1.87x	RM-22.95 Million
2018	-19.78%	-180.19%	0.06x	1.95x	RM-35.12 Million
2019	0.77%	4.67%	0.09x	1.80x	RM-11.63 Million
2020	-6.60%	-27.75%	0.16x	1.46x	RM-22.79 Million
2021	-9.21%	-77.94%	0.09x	1.39x	RM-25.67 Million
2022	-11.02%	-484.22%	0.01x	1.53x	RM-25.29 Million
2023	-14.85%	-454.90%	0.02x	1.55x	RM-28.90 Million
2024	-96.73%	-1213.49%	0.04x	2.19x	RM-63.10 Million

Industry Comparison

This section compares Meridian Bhd's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

Industry: Real Estate Services
Average net assets among peers: $1,080,391,000
Average return on equity (ROE) among peers: -2.26%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Meridian Bhd (5040)	RM56.97 Million	-35.65%	1.28x	$1.19 Million
Menang Corporation (Malaysia) Bhd (1694)	$431.62 Million	6.04%	1.39x	$116.94 Million
Pegasus Heights Bhd (4464)	$61.00 Million	-26.23%	0.36x	$13.58 Million
IGB Bhd (5606)	$4.59 Billion	2.40%	0.56x	$1.19 Billion
SHL Consolidated Bhd (6017)	$933.49 Million	3.98%	0.11x	$131.91 Million
Y&G Corp Bhd (7003)	$294.24 Million	0.26%	0.32x	$17.00 Million
Bertam Alliance Bhd (9814)	$172.00 Million	0.00%	0.56x	$15.79 Million

About Meridian Bhd

KLSE:5040 Malaysia Real Estate Services

Market Cap

$1.19 Million

RM4.74 Million MYR

Market Cap Rank

#30103 Global

#974 in Malaysia

Share Price

RM0.02

Change (1 day)

+0.00%

52-Week Range

RM0.01 - RM0.05

All Time High

RM2.38