Country View Bhd (5049) - Net Assets
Based on the latest financial reports, Country View Bhd (5049) has net assets worth RM469.23 Million MYR (≈ $117.81 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM681.87 Million ≈ $171.20 Million USD) and total liabilities (RM212.64 Million ≈ $53.39 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. Also explore Country View Bhd balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM469.23 Million |
| % of Total Assets | 68.82% |
| Annual Growth Rate | 7.9% |
| 5-Year Change | 11.28% |
| 10-Year Change | 53.35% |
| Growth Volatility | 10.09 |
Country View Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Country View Bhd's net assets have evolved over time, based on quarterly financial data. Check 5049 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Country View Bhd (2012–2025)
The table below shows the annual net assets of Country View Bhd from 2012 to 2025. For live valuation and market cap data, see 5049 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | RM461.89 Million ≈ $115.97 Million |
+7.64% |
| 2024-11-30 | RM429.09 Million ≈ $107.73 Million |
+4.26% |
| 2023-11-30 | RM411.55 Million ≈ $103.33 Million |
-0.14% |
| 2022-11-30 | RM412.11 Million ≈ $103.47 Million |
-0.71% |
| 2021-11-30 | RM415.07 Million ≈ $104.21 Million |
+1.12% |
| 2020-11-30 | RM410.46 Million ≈ $103.05 Million |
+1.36% |
| 2019-11-30 | RM404.96 Million ≈ $101.67 Million |
+5.29% |
| 2018-11-30 | RM384.62 Million ≈ $96.57 Million |
+18.46% |
| 2017-11-30 | RM324.67 Million ≈ $81.51 Million |
+7.79% |
| 2016-11-30 | RM301.21 Million ≈ $75.62 Million |
+5.69% |
| 2015-11-30 | RM285.00 Million ≈ $71.55 Million |
+2.52% |
| 2014-11-30 | RM278.00 Million ≈ $69.80 Million |
+18.30% |
| 2013-11-30 | RM235.00 Million ≈ $59.00 Million |
+36.63% |
| 2012-11-30 | RM172.00 Million ≈ $43.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Country View 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 95.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM361.76 Million | 78.32% |
| Common Stock | RM100.12 Million | 21.68% |
| Total Equity | RM461.89 Million | 100.00% |
Country View Bhd Competitors by Market Cap
The table below lists competitors of Country View Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pinar Su Sanayi ve Ticaret AS
IS:PINSU
|
$80.10 Million |
|
Kumkang Kind Co Ltd
KO:014285
|
$80.13 Million |
|
Hektar Real Estate Investment Trust
KLSE:5121
|
$80.14 Million |
|
European Residential Real Estate Investment Trust
TO:ERE-UN
|
$80.15 Million |
|
Song Shang Electronics Co Ltd
TWO:6156
|
$80.04 Million |
|
Sirtec International Co Ltd
TWO:5356
|
$80.02 Million |
|
GAMING INNOVATION DL 1
F:GI11
|
$80.02 Million |
|
Progress-Werk Oberkirch AG
XETRA:PWO
|
$80.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Country View Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 429,093,000 to 461,889,000, a change of 32,796,000 (7.6%).
- Net income of 82,296,000 contributed positively to equity growth.
- Dividend payments of 40,500,000 reduced retained earnings.
- Other factors decreased equity by 9,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM82.30 Million | +17.82% |
| Dividends Paid | RM40.50 Million | -8.77% |
| Other Changes | RM-9.00 Million | -1.95% |
| Total Change | RM- | 7.64% |
Book Value vs Market Value Analysis
This analysis compares Country View 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: 0.69x
- 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 1.06x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-11-30 | RM3.01 | RM3.19 | x |
| 2017-11-30 | RM3.25 | RM3.19 | x |
| 2018-11-30 | RM3.85 | RM3.19 | x |
| 2019-11-30 | RM4.05 | RM3.19 | x |
| 2020-11-30 | RM4.10 | RM3.19 | x |
| 2021-11-30 | RM4.15 | RM3.19 | x |
| 2022-11-30 | RM4.12 | RM3.19 | x |
| 2023-11-30 | RM4.12 | RM3.19 | x |
| 2024-11-30 | RM4.29 | RM3.19 | x |
| 2025-11-30 | RM4.62 | RM3.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Country View 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): 17.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.68%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.56x
- Recent ROE (17.82%) is above the historical average (7.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 7.36% | 18.92% | 0.28x | 1.41x | RM-7.53 Million |
| 2016 | 8.60% | 16.09% | 0.37x | 1.43x | RM-4.21 Million |
| 2017 | 8.77% | 23.34% | 0.26x | 1.44x | RM-4.00 Million |
| 2018 | 19.98% | 30.77% | 0.33x | 1.97x | RM38.40 Million |
| 2019 | 6.14% | 15.28% | 0.24x | 1.71x | RM-15.63 Million |
| 2020 | 3.29% | 14.96% | 0.13x | 1.65x | RM-27.55 Million |
| 2021 | 1.59% | 9.71% | 0.10x | 1.61x | RM-34.89 Million |
| 2022 | 0.74% | 3.74% | 0.12x | 1.64x | RM-38.17 Million |
| 2023 | 1.93% | 7.23% | 0.16x | 1.68x | RM-33.22 Million |
| 2024 | 5.95% | 13.08% | 0.28x | 1.65x | RM-17.36 Million |
| 2025 | 17.82% | 21.68% | 0.53x | 1.56x | RM36.11 Million |
Industry Comparison
This section compares Country View Bhd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $680,417,407
- Average return on equity (ROE) among peers: -2.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Country View Bhd (5049) | RM469.23 Million | 7.36% | 0.45x | $80.09 Million |
| Vinvest Capital Holdings Bhd (0069) | $605.85 Million | 0.21% | 0.32x | $3.65 Million |
| Gagasan Nadi Cergas Berhad (0206) | $442.13 Million | -0.76% | 1.23x | $64.28 Million |
| Vestland Berhad (0273) | $35.81 Million | 19.57% | 2.38x | $165.96 Million |
| Global Oriental Bhd (1147) | $258.93 Million | 0.64% | 1.99x | $10.84 Million |
| Pan Malaysia Holdings Bhd (1287) | $70.00 Million | -55.71% | 0.36x | $244.87 Million |
| GuocoLand (Malaysia) Bhd (1503) | $1.22 Billion | 9.32% | 1.36x | $183.34 Million |
| Symphony Life Bhd (1538) | $881.09 Million | 7.09% | 0.66x | $34.00 Million |
| Iskandar Waterfront City Bhd (1589) | $777.03 Million | -3.59% | 1.00x | $53.19 Million |
| Paramount Corporation Bhd (1724) | $1.66 Billion | 4.53% | 0.88x | $156.36 Million |
| Selangor Dredging Bhd (2224) | $845.78 Million | -1.37% | 0.64x | $48.14 Million |
About Country View Bhd
Country View Berhad, an investment holding company, engages in the property development and investment business in Malaysia. The company operates through Property Development, Investment Holding, and Others segments. It develops residential and commercial properties. The company is also involved in the property management activities; and leasing office, retail, and commercial properties. Country … Read more