Marine & General Bhd Net Assets

Latest as of March 2026: RM234.73 Million MYR ≈ $58.93 Million USD

Marine & General Bhd net assets. Based on the latest financial reports, Marine & General Bhd (5078) has net assets worth RM234.73 Million MYR (≈ $58.93 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM810.31 Million ≈ $203.44 Million USD) and total liabilities (RM575.58 Million ≈ $144.51 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. See Marine & General Bhd (5078) net asset quality to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM234.73 Million
% of Total Assets	28.97%
Annual Growth Rate	-0.62%
5-Year Change	138.53%
10-Year Change	108.22%
Growth Volatility	61.89

Net Assets of Marine & General Bhd (2013–2025)

Net assets of Marine & General Bhd from 2013 to 2025. This chart illustrates how Marine & General Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Marine & General Bhd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Net Assets for Marine & General Bhd (2013–2025)

The table below shows the annual net assets of Marine & General Bhd from 2013 to 2025. For live market cap and overall valuation, see Marine & General Bhd (5078) market capitalisation.

Year	Net Assets	Change
2025-12-31	RM234.73 Million ≈ $58.93 Million	-0.48%
2024-12-31	RM235.86 Million ≈ $59.22 Million	+45.38%
2023-12-31	RM162.24 Million ≈ $40.73 Million	+9.28%
2022-12-31	RM148.47 Million ≈ $37.27 Million	+50.87%
2021-12-31	RM98.40 Million ≈ $24.71 Million	-19.16%
2020-12-31	RM121.73 Million ≈ $30.56 Million	+191.08%
2019-12-31	RM41.82 Million ≈ $10.50 Million	-54.25%
2018-12-31	RM91.40 Million ≈ $22.95 Million	-45.29%
2017-12-31	RM167.08 Million ≈ $41.95 Million	+48.21%
2016-12-31	RM112.73 Million ≈ $28.30 Million	-54.73%
2015-12-31	RM249.00 Million ≈ $62.52 Million	-4.60%
2015-07-31	RM261.00 Million ≈ $65.53 Million	+7.41%
2014-12-31	RM243.00 Million ≈ $61.01 Million	-3.95%
2013-12-31	RM253.00 Million ≈ $63.52 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Marine & General 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 15722100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Marine & General Bhd Net Assets Breakdown (December 2025)

Marine & General Bhd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	RM7.10 Million	2.82%
Other Components	RM244.21 Million	97.18%
Total Equity	RM251.31 Million	100.00%

Marine & General Bhd Competitors by Market Cap

The table below lists competitors of Marine & General Bhd ranked by their market capitalization.

Company	Market Cap
Doxa AB ST:DOXA	$62.10 Million
Cintac SN:CINTAC	$62.10 Million
Strong H Machinery Technology (Cayman) Incorporation TW:4560	$62.11 Million
Dmg Blockchain Solutions Inc V:DMGI	$62.11 Million
Kingstate Electronics TWO:3206	$62.09 Million
ATrack Technology TWO:6465	$62.07 Million
Avrot Industries Ltd TA:AVRT	$62.06 Million
Gold Rain Enterprises TWO:4503	$62.05 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 235,861,000 to 251,309,000, a change of 15,448,000 (6.5%).
Net income of 24,780,000 contributed positively to equity growth.
Other factors decreased equity by 9,332,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM24.78 Million	+9.86%
Other Changes	RM-9.33 Million	-3.71%
Total Change	RM-	6.55%

Book Value vs Market Value Analysis

This analysis compares Marine & General 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: 0.98x
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 1.90x to 0.98x 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	RM0.16	RM0.31	x
2017-12-31	RM0.23	RM0.31	x
2018-12-31	RM0.13	RM0.31	x
2019-12-31	RM0.06	RM0.31	x
2020-12-31	RM0.17	RM0.31	x
2021-12-31	RM0.14	RM0.31	x
2022-12-31	RM0.21	RM0.31	x
2023-12-31	RM0.28	RM0.31	x
2024-12-31	RM0.30	RM0.31	x
2025-12-31	RM0.31	RM0.31	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Marine & General 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): 9.86%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.20%
• Asset Turnover: 0.42x
• Equity Multiplier: 3.22x
Recent ROE (9.86%) is above the historical average (-10.89%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	-65.66%	-43.91%	0.07x	21.84x	RM-85.29 Million
2017	91.23%	100.23%	0.13x	6.77x	RM135.72 Million
2018	-78.20%	-30.71%	0.22x	11.36x	RM-80.62 Million
2019	-118.68%	-23.24%	0.22x	22.95x	RM-53.81 Million
2020	7.43%	4.80%	0.22x	6.96x	RM-3.12 Million
2021	-29.28%	-13.12%	0.27x	8.39x	RM-38.65 Million
2022	32.39%	15.65%	0.36x	5.79x	RM33.24 Million
2023	23.05%	13.52%	0.41x	4.20x	RM26.63 Million
2024	18.99%	12.72%	0.41x	3.68x	RM21.21 Million
2025	9.86%	7.20%	0.42x	3.22x	RM-350.90K

Industry Comparison

This section compares Marine & General Bhd's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.

Industry Context

Industry: Oil & Gas Equipment & Services
Average net assets among peers: $713,088,381
Average return on equity (ROE) among peers: -3.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Marine & General Bhd (5078)	RM234.73 Million	-65.66%	2.45x	$62.09 Million
Reservoir Link Energy Bhd (0219)	$78.87 Million	13.64%	0.30x	$26.32 Million
Ocean Vantage Holdings Bhd (0220)	$49.81 Million	14.69%	0.16x	$28.61 Million
Coastal Contracts Bhd (5071)	$1.01 Billion	14.99%	0.54x	$231.12 Million
Alam Maritim Resources Bhd (5115)	$742.12 Million	-18.53%	0.29x	$24.05 Million
Deleum Bhd (5132)	$496.25 Million	14.32%	0.66x	$92.25 Million
Petra Energy Bhd (5133)	$353.06 Million	-13.04%	1.36x	$54.79 Million
Dayang Enterprise Holdings Bhd (5141)	$1.28 Billion	4.27%	1.44x	$401.14 Million
Wah Seong Corporation Bhd (5142)	$703.73 Million	-41.94%	2.22x	$136.08 Million
Malaysia Marine and Heavy Engineering Holdings Bhd (5186)	$1.71 Billion	-15.84%	0.99x	$136.58 Million

About Marine & General Bhd

KLSE:5078 Malaysia Oil & Gas Equipment & Services

Market Cap

$62.09 Million

RM247.32 Million MYR

Market Cap Rank

#20920 Global

#422 in Malaysia

Share Price

RM0.31

Change (1 day)

+0.00%

52-Week Range

RM0.13 - RM0.34

All Time High

RM0.45