OSK Holdings Bhd
OSK Holdings Berhad, an investment holding company, operates in the property sector in Malaysia and Australia. It operates through Property, Financial Services, Industries, Hospitality, and Investment Holding segments. The Property segment develops and sells residential, commercial, and township projects; provides project management and interior design services; manages and lets properties; and c… Read more
OSK Holdings Bhd (5053) - Net Assets
Latest net assets as of September 2025: RM6.87 Billion MYR
Based on the latest financial reports, OSK Holdings Bhd (5053) has net assets worth RM6.87 Billion MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM12.29 Billion) and total liabilities (RM5.43 Billion). 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 | RM6.87 Billion |
| % of Total Assets | 55.86% |
| Annual Growth Rate | 8.64% |
| 5-Year Change | 21.15% |
| 10-Year Change | 50.93% |
| Growth Volatility | 57.63 |
OSK Holdings Bhd - Net Assets Trend (2004–2024)
This chart illustrates how OSK Holdings 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 OSK Holdings Bhd (2004–2024)
The table below shows the annual net assets of OSK Holdings Bhd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM6.50 Billion | +4.94% |
| 2023-12-31 | RM6.20 Billion | +7.63% |
| 2022-12-31 | RM5.76 Billion | +3.91% |
| 2021-12-31 | RM5.54 Billion | +3.23% |
| 2020-12-31 | RM5.37 Billion | +6.02% |
| 2019-12-31 | RM5.06 Billion | +8.40% |
| 2018-12-31 | RM4.67 Billion | +1.36% |
| 2017-12-31 | RM4.61 Billion | +3.69% |
| 2016-12-31 | RM4.44 Billion | +3.14% |
| 2015-12-31 | RM4.31 Billion | +59.07% |
| 2014-12-31 | RM2.71 Billion | +4.33% |
| 2013-12-31 | RM2.60 Billion | +6.15% |
| 2012-12-31 | RM2.45 Billion | +254.21% |
| 2011-12-31 | RM690.30 Million | -14.52% |
| 2010-12-31 | RM807.60 Million | -46.58% |
| 2009-12-31 | RM1.51 Billion | -9.99% |
| 2008-12-31 | RM1.68 Billion | -11.40% |
| 2007-12-31 | RM1.90 Billion | +24.61% |
| 2006-12-31 | RM1.52 Billion | +11.78% |
| 2005-12-31 | RM1.36 Billion | +9.87% |
| 2004-12-31 | RM1.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to OSK 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 1314.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM4.34 Billion | 67.47% |
| Common Stock | RM2.10 Billion | 32.59% |
| Total Equity | RM6.43 Billion | 100.00% |
OSK Holdings Bhd Competitors by Market Cap
The table below lists competitors of OSK Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LiJiang YuLong Tourism Co Ltd
SHE:002033
|
$384.99 Million |
|
Sinovac Biotech Ltd
NASDAQ:SVA
|
$385.02 Million |
|
Mensch und Maschine Software SE
PINK:MSHHF
|
$385.09 Million |
|
Wavestone S.A.
PA:WAVE
|
$385.16 Million |
|
Ironwood Pharmaceuticals Inc
NASDAQ:IRWD
|
$384.72 Million |
|
Grid Dynamics Holdings Inc
NASDAQ:GDYN
|
$384.63 Million |
|
Shenzhen Zqgame
SHE:300052
|
$384.52 Million |
|
Yongan Futures Co.Ltd.
SHG:600927
|
$384.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OSK Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,120,806,000 to 6,428,731,000, a change of 307,925,000 (5.0%).
- Net income of 536,472,000 contributed positively to equity growth.
- Dividend payments of 144,347,000 reduced retained earnings.
- Other comprehensive income decreased equity by 124,543,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM536.47 Million | +8.34% |
| Dividends Paid | RM144.35 Million | -2.25% |
| Other Comprehensive Income | RM-124.54 Million | -1.94% |
| Other Changes | RM40.34 Million | +0.63% |
| Total Change | RM- | 5.03% |
Book Value vs Market Value Analysis
This analysis compares OSK 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: 0.52x
- 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 2.02x to 0.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | RM0.80 | RM1.61 | x |
| 2005-12-31 | RM1.00 | RM1.61 | x |
| 2006-12-31 | RM1.04 | RM1.61 | x |
| 2007-12-31 | RM1.19 | RM1.61 | x |
| 2008-12-31 | RM1.10 | RM1.61 | x |
| 2009-12-31 | RM1.00 | RM1.61 | x |
| 2010-12-31 | RM1.02 | RM1.61 | x |
| 2011-12-31 | RM1.00 | RM1.61 | x |
| 2012-12-31 | RM1.70 | RM1.61 | x |
| 2013-12-31 | RM1.79 | RM1.61 | x |
| 2014-12-31 | RM1.88 | RM1.61 | x |
| 2015-12-31 | RM2.42 | RM1.61 | x |
| 2016-12-31 | RM2.07 | RM1.61 | x |
| 2017-12-31 | RM2.19 | RM1.61 | x |
| 2018-12-31 | RM2.21 | RM1.61 | x |
| 2019-12-31 | RM2.40 | RM1.61 | x |
| 2020-12-31 | RM2.56 | RM1.61 | x |
| 2021-12-31 | RM2.65 | RM1.61 | x |
| 2022-12-31 | RM2.76 | RM1.61 | x |
| 2023-12-31 | RM2.97 | RM1.61 | x |
| 2024-12-31 | RM3.12 | RM1.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OSK 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): 8.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.88%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.78x
- Recent ROE (8.34%) is below the historical average (10.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 2.46% | 6.51% | 0.17x | 2.23x | RM-77.53 Million |
| 2005 | 5.30% | 25.49% | 0.11x | 1.81x | RM-54.12 Million |
| 2006 | 10.73% | 34.25% | 0.10x | 3.12x | RM8.87 Million |
| 2007 | 21.86% | 42.10% | 0.09x | 5.58x | RM180.00 Million |
| 2008 | 10.03% | 18.71% | 0.12x | 4.45x | RM370.26K |
| 2009 | 10.65% | 19.69% | 0.07x | 7.68x | RM8.41 Million |
| 2010 | 10.44% | 118.28% | 0.01x | 6.28x | RM6.38 Million |
| 2011 | 5.05% | 6.95% | 0.11x | 6.70x | RM-71.79 Million |
| 2012 | 38.65% | 2313.67% | 0.02x | 1.07x | RM700.41 Million |
| 2013 | 7.54% | 319.31% | 0.02x | 1.13x | RM-63.93 Million |
| 2014 | 7.54% | 343.48% | 0.02x | 1.15x | RM-66.54 Million |
| 2015 | 13.72% | 73.82% | 0.10x | 1.88x | RM152.12 Million |
| 2016 | 5.75% | 18.94% | 0.17x | 1.80x | RM-182.78 Million |
| 2017 | 8.82% | 34.23% | 0.15x | 1.74x | RM-53.65 Million |
| 2018 | 7.53% | 28.74% | 0.15x | 1.76x | RM-113.70 Million |
| 2019 | 8.26% | 34.12% | 0.14x | 1.68x | RM-86.76 Million |
| 2020 | 6.49% | 31.66% | 0.13x | 1.63x | RM-185.99 Million |
| 2021 | 7.28% | 35.36% | 0.12x | 1.69x | RM-148.58 Million |
| 2022 | 7.47% | 32.11% | 0.14x | 1.70x | RM-143.94 Million |
| 2023 | 7.63% | 29.41% | 0.15x | 1.70x | RM-145.13 Million |
| 2024 | 8.34% | 31.88% | 0.15x | 1.78x | RM-106.40 Million |
Industry Comparison
This section compares OSK Holdings 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: $565,025,416
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OSK Holdings Bhd (5053) | RM6.87 Billion | 2.46% | 0.79x | $384.91 Million |
| Vinvest Capital Holdings Bhd (0069) | $581.54 Million | 0.67% | 0.36x | $2.71 Million |
| Gagasan Nadi Cergas Berhad (0206) | $442.13 Million | -0.76% | 1.23x | $7.59 Million |
| Vestland Berhad (0273) | $46.45 Million | 22.90% | 2.63x | $15.49 Million |
| KTI (0308) | $127.30 Million | 12.27% | 0.83x | $5.35 Million |
| Global Oriental Bhd (1147) | $255.86 Million | 5.65% | 2.56x | $4.63 Million |
| GuocoLand (Malaysia) Bhd (1503) | $892.00 Million | 4.71% | 1.18x | $21.92 Million |
| Symphony Life Bhd (1538) | $916.62 Million | -0.87% | 0.32x | $11.92 Million |
| Iskandar Waterfront City Bhd (1589) | $812.33 Million | 5.62% | 1.19x | $27.36 Million |
| Paramount Corporation Bhd (1724) | $727.00 Million | 7.43% | 0.79x | $69.73 Million |
| Selangor Dredging Bhd (2224) | $849.02 Million | 2.88% | 0.71x | $9.77 Million |