BLD Plantation Bhd
BLD Plantation Bhd., an investment holding company, engages in the palm oil business in China, India, Malaysia, and internationally. The company is involved in the cultivation of oil palms; operation of a palm oil refinery and kernel crushing plant; and processing of fresh fruit bunches, and sale of related products. It also engages in letting of property; and provision of management and security… Read more
BLD Plantation Bhd (5069) - Net Assets
Latest net assets as of December 2025: RM837.63 Million MYR
Based on the latest financial reports, BLD Plantation Bhd (5069) has net assets worth RM837.63 Million MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.40 Billion) and total liabilities (RM561.29 Million). 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 | RM837.63 Million |
| % of Total Assets | 59.88% |
| Annual Growth Rate | 1.64% |
| 5-Year Change | 29.59% |
| 10-Year Change | 3.89% |
| Growth Volatility | 9.99 |
BLD Plantation Bhd - Net Assets Trend (2012–2024)
This chart illustrates how BLD Plantation 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 BLD Plantation Bhd (2012–2024)
The table below shows the annual net assets of BLD Plantation Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM820.94 Million | +7.66% |
| 2023-12-31 | RM762.51 Million | +3.87% |
| 2022-12-31 | RM734.07 Million | +3.61% |
| 2021-12-31 | RM708.46 Million | +11.84% |
| 2020-12-31 | RM633.49 Million | +11.49% |
| 2019-12-31 | RM568.20 Million | +0.89% |
| 2018-12-31 | RM563.21 Million | -8.60% |
| 2017-12-31 | RM616.20 Million | +2.83% |
| 2016-12-31 | RM599.25 Million | -24.17% |
| 2015-12-31 | RM790.23 Million | -1.35% |
| 2014-12-31 | RM801.00 Million | +3.49% |
| 2013-12-31 | RM774.00 Million | +14.67% |
| 2012-12-31 | RM675.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BLD Plantation 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 5.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM647.76 Million | 78.90% |
| Common Stock | RM173.18 Million | 21.10% |
| Total Equity | RM820.94 Million | 100.00% |
BLD Plantation Bhd Competitors by Market Cap
The table below lists competitors of BLD Plantation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Computer & Systems Inc
KQ:115500
|
$23.32 Million |
|
WINDAR PHOTONICS LS -01
F:7WP
|
$23.32 Million |
|
Electro Aço Altona S.A
SA:EALT3
|
$23.32 Million |
|
Reckon Ltd
AU:RKN
|
$23.33 Million |
|
Hyundai Cement
KO:006390
|
$23.31 Million |
|
Nara Mold & Die Co. Ltd
KQ:051490
|
$23.31 Million |
|
Lima Dua Lima Tiga PT
JK:LUCY
|
$23.30 Million |
|
Easy Software AG
HM:ESY
|
$23.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BLD Plantation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 760,090,354 to 820,941,300, a change of 60,850,946 (8.0%).
- Net income of 63,655,940 contributed positively to equity growth.
- Dividend payments of 2,805,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM63.66 Million | +7.75% |
| Dividends Paid | RM2.81 Million | -0.34% |
| Other Changes | RM6.00 | +0.0% |
| Total Change | RM- | 8.01% |
Book Value vs Market Value Analysis
This analysis compares BLD Plantation 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: 1.74x
- 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 2.39x to 1.74x 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 | RM6.41 | RM15.30 | x |
| 2017-12-31 | RM6.59 | RM15.30 | x |
| 2018-12-31 | RM6.02 | RM15.30 | x |
| 2019-12-31 | RM6.08 | RM15.30 | x |
| 2020-12-31 | RM6.78 | RM15.30 | x |
| 2021-12-31 | RM7.58 | RM15.30 | x |
| 2022-12-31 | RM7.85 | RM15.30 | x |
| 2023-12-31 | RM8.13 | RM15.30 | x |
| 2024-12-31 | RM8.78 | RM15.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BLD Plantation 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): 7.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.63%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 1.53x
- Recent ROE (7.75%) is above the historical average (3.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -0.81% | -0.44% | 0.95x | 1.92x | RM-85.40 Million |
| 2016 | 3.75% | 1.22% | 1.52x | 2.03x | RM-37.43 Million |
| 2017 | 3.36% | 0.98% | 1.73x | 1.99x | RM-40.93 Million |
| 2018 | -8.91% | -2.30% | 2.04x | 1.90x | RM-106.51 Million |
| 2019 | 0.89% | 0.26% | 1.70x | 2.00x | RM-51.78 Million |
| 2020 | 10.31% | 3.44% | 1.55x | 1.94x | RM1.94 Million |
| 2021 | 10.98% | 3.10% | 1.85x | 1.92x | RM6.94 Million |
| 2022 | 4.12% | 1.23% | 1.99x | 1.69x | RM-43.13 Million |
| 2023 | 3.79% | 1.69% | 1.58x | 1.42x | RM-47.18 Million |
| 2024 | 7.75% | 3.63% | 1.40x | 1.53x | RM-18.44 Million |
Industry Comparison
This section compares BLD Plantation Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $444,702,596
- Average return on equity (ROE) among peers: 1.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BLD Plantation Bhd (5069) | RM837.63 Million | -0.81% | 0.67x | $23.32 Million |
| Green Ocean Corporation Bhd (0074) | $21.99 Million | 8.76% | 1.57x | $2.27 Million |
| MAG Holdings Berhad (0095) | $473.76 Million | -1.41% | 0.15x | $29.82 Million |
| Greenyield Bhd (0136) | $54.42 Million | -0.73% | 0.43x | $3.29 Million |
| Heng Huat Resources Group Bhd (0175) | $231.51 Million | 3.70% | 0.31x | $7.31 Million |
| Matang Bhd (0189) | $248.32 Million | 2.40% | 0.03x | $17.51 Million |
| Pinehill Pacific Bhd (1902) | $184.30 Million | -6.00% | -0.03x | $6.70 Million |
| Chin Teck Plantations Bhd (1929) | $651.35 Million | 10.97% | 0.05x | $63.45 Million |
| Kretam Holdings Bhd (1996) | $607.72 Million | -6.37% | 0.35x | $46.24 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $545.52 Million | -0.47% | 0.35x | $25.62 Million |
| TDM Berhad (2054) | $1.43 Billion | 1.62% | 0.87x | $25.63 Million |