Ibraco Bhd
Ibraco Berhad, together with its subsidiaries, engages in realty development in Malaysia. It operates in six segments: Property Development, Construction Works, Quarry Operation, Manufacturing, Clubhouse Operation, and Property Holding and Management. The company is involved in the development and sale of residential and commercial properties; construction of residential and commercial properties… Read more
Ibraco Bhd (5084) - Net Assets
Latest net assets as of December 2025: RM583.52 Million MYR
Based on the latest financial reports, Ibraco Bhd (5084) has net assets worth RM583.52 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 (RM1.48 Billion) and total liabilities (RM892.13 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 | RM583.52 Million |
| % of Total Assets | 39.54% |
| Annual Growth Rate | 9.02% |
| 5-Year Change | 34.86% |
| 10-Year Change | 85.82% |
| Growth Volatility | 8.77 |
Ibraco Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Ibraco 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 Ibraco Bhd (2012–2025)
The table below shows the annual net assets of Ibraco Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM583.52 Million | +12.93% |
| 2024-12-31 | RM516.71 Million | +5.91% |
| 2023-12-31 | RM487.88 Million | +7.90% |
| 2022-12-31 | RM452.17 Million | +4.50% |
| 2021-12-31 | RM432.68 Million | +9.40% |
| 2020-12-31 | RM395.50 Million | +9.69% |
| 2019-12-31 | RM360.56 Million | +6.57% |
| 2018-12-31 | RM338.33 Million | +7.37% |
| 2017-12-31 | RM315.10 Million | +0.35% |
| 2016-12-31 | RM314.02 Million | -2.48% |
| 2015-12-31 | RM322.00 Million | +35.86% |
| 2014-12-31 | RM237.00 Million | +12.86% |
| 2013-12-31 | RM210.00 Million | +10.53% |
| 2012-12-31 | RM190.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ibraco 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 349.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM295.57 Million | 52.09% |
| Other Components | RM271.83 Million | 47.91% |
| Total Equity | RM567.40 Million | 100.00% |
Ibraco Bhd Competitors by Market Cap
The table below lists competitors of Ibraco Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hipay Group SA
PA:ALHYP
|
$16.97 Million |
|
Origin Materials Inc
NASDAQ:ORGN
|
$16.97 Million |
|
Truleum Inc.
PINK:TRLM
|
$16.97 Million |
|
Oriental Food Industries Hold
KLSE:7107
|
$16.97 Million |
|
GREEN360 Technologies Ltd
AU:GT3
|
$16.96 Million |
|
Akari Therapeutics PLC
NASDAQ:AKTX
|
$16.96 Million |
|
Orecap Invest Corp.
V:OCI
|
$16.96 Million |
|
Logansport Financial Corp
OTCQB:LOGN
|
$16.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ibraco Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 505,545,000 to 567,405,000, a change of 61,860,000 (12.2%).
- Net income of 72,286,000 contributed positively to equity growth.
- Dividend payments of 10,921,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM72.29 Million | +12.74% |
| Dividends Paid | RM10.92 Million | -1.92% |
| Other Changes | RM495.00K | +0.09% |
| Total Change | RM- | 12.24% |
Book Value vs Market Value Analysis
This analysis compares Ibraco 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: 1.11x
- 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 1.82x to 1.11x 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 | RM0.63 | RM1.15 | x |
| 2017-12-31 | RM0.63 | RM1.15 | x |
| 2018-12-31 | RM0.68 | RM1.15 | x |
| 2019-12-31 | RM0.73 | RM1.15 | x |
| 2020-12-31 | RM0.80 | RM1.15 | x |
| 2021-12-31 | RM0.79 | RM1.15 | x |
| 2022-12-31 | RM0.83 | RM1.15 | x |
| 2023-12-31 | RM0.88 | RM1.15 | x |
| 2024-12-31 | RM0.93 | RM1.15 | x |
| 2025-12-31 | RM1.04 | RM1.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ibraco 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): 12.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.40%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.60x
- Recent ROE (12.74%) is above the historical average (8.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.62% | 17.05% | 0.29x | 1.73x | RM-4.33 Million |
| 2017 | 4.60% | 11.17% | 0.21x | 1.93x | RM-17.01 Million |
| 2018 | 7.96% | 11.27% | 0.33x | 2.13x | RM-6.89 Million |
| 2019 | 9.60% | 9.32% | 0.47x | 2.21x | RM-1.44 Million |
| 2020 | 8.83% | 11.32% | 0.39x | 1.98x | RM-4.63 Million |
| 2021 | 5.43% | 8.59% | 0.35x | 1.79x | RM-19.78 Million |
| 2022 | 6.73% | 11.17% | 0.34x | 1.75x | RM-14.81 Million |
| 2023 | 9.61% | 11.75% | 0.41x | 1.98x | RM-1.87 Million |
| 2024 | 9.65% | 8.67% | 0.44x | 2.51x | RM-1.77 Million |
| 2025 | 12.74% | 9.40% | 0.52x | 2.60x | RM15.55 Million |
Industry Comparison
This section compares Ibraco Bhd's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $536,483,872
- Average return on equity (ROE) among peers: 1.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ibraco Bhd (5084) | RM583.52 Million | 8.62% | 1.53x | $16.96 Million |
| Tanco Holdings Bhd (2429) | $162.00 Million | -9.26% | 0.70x | $724.90 Million |
| Amalgamated Industrial Steel Berhad (2682) | $113.00 Million | -6.19% | 0.34x | $597.84K |
| EcoFirst Consolidated Bhd (3557) | $144.00 Million | 7.64% | 2.06x | $28.49 Million |
| Asian Pac Holdings Bhd (4057) | $862.32 Million | 8.54% | 0.89x | $14.92 Million |
| Glomac Bhd (5020) | $991.94 Million | 8.16% | 1.00x | $18.18 Million |
| Ivory Properties Group Bhd (5175) | $401.00 Million | 4.99% | 1.28x | $167.70K |
| Tambun Indah Land Bhd (5191) | $705.71 Million | 8.73% | 0.20x | $23.69 Million |
| Eco World International Bhd (5283) | $1.29 Billion | -2.66% | 0.00x | $31.27 Million |
| Farlim Group (Malaysia) Bhd (6041) | $155.40 Million | -3.25% | 0.08x | $1.42 Million |