HeveaBoard Bhd Net Assets
HeveaBoard Bhd net assets. Based on the latest financial reports, HeveaBoard Bhd (5095) has net assets worth RM358.67 Million MYR (≈ $90.05 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM444.23 Million ≈ $111.53 Million USD) and total liabilities (RM85.56 Million ≈ $21.48 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 5095 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM358.67 Million |
| % of Total Assets | 80.74% |
| Annual Growth Rate | 4.33% |
| 5-Year Change | -14.49% |
| 10-Year Change | -14.28% |
| Growth Volatility | 11.02 |
Net Assets of HeveaBoard Bhd (2012–2025)
Net assets of HeveaBoard Bhd from 2012 to 2025. This chart illustrates how HeveaBoard Bhd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of HeveaBoard Bhd to measure how much of total assets are equity-financed.
Annual Net Assets for HeveaBoard Bhd (2012–2025)
The table below shows the annual net assets of HeveaBoard Bhd from 2012 to 2025. For live market cap and overall valuation, see HeveaBoard Bhd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM360.95 Million ≈ $90.62 Million |
-11.30% |
| 2024-12-31 | RM406.93 Million ≈ $102.17 Million |
-2.00% |
| 2023-12-31 | RM415.26 Million ≈ $104.26 Million |
-2.48% |
| 2022-12-31 | RM425.80 Million ≈ $106.91 Million |
+0.87% |
| 2021-12-31 | RM422.13 Million ≈ $105.98 Million |
-1.91% |
| 2020-12-31 | RM430.37 Million ≈ $108.05 Million |
0.00% |
| 2019-12-31 | RM430.38 Million ≈ $108.05 Million |
-2.35% |
| 2018-12-31 | RM440.73 Million ≈ $110.65 Million |
-3.65% |
| 2017-12-31 | RM457.42 Million ≈ $114.84 Million |
+8.63% |
| 2016-12-31 | RM421.07 Million ≈ $105.72 Million |
+22.05% |
| 2015-12-31 | RM345.00 Million ≈ $86.62 Million |
+27.31% |
| 2014-12-31 | RM271.00 Million ≈ $68.04 Million |
+17.32% |
| 2013-12-31 | RM231.00 Million ≈ $58.00 Million |
+11.06% |
| 2012-12-31 | RM208.00 Million ≈ $52.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HeveaBoard 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 decreased by 8.2% over the analyzed period, potentially due to dividend distributions or operating losses.
HeveaBoard Bhd Net Assets Breakdown (December 2025)
HeveaBoard Bhd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM200.07 Million | 55.78% |
| Common Stock | RM160.22 Million | 44.67% |
| Total Equity | RM358.67 Million | 100.00% |
HeveaBoard Bhd Competitors by Market Cap
The table below lists competitors of HeveaBoard Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chai Watana Tannery Group Public Company Limited
BK:CWT
|
$14.93 Million |
|
Outback Goldfields Corp
V:OZ
|
$14.93 Million |
|
Starbreeze AB (publ)
ST:STAR-B
|
$14.93 Million |
|
VIRINCHI ORD (BSE)
NSE:VIRINCHI
|
$14.93 Million |
|
Yulho Co. Ltd
KQ:072770
|
$14.91 Million |
|
KB SPAC 5
KQ:208350
|
$14.91 Million |
|
PT Cahayasakti Investindo Sukses Tbk
JK:CSIS
|
$14.90 Million |
|
Eden Innovations Ltd
AU:EDE
|
$14.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HeveaBoard Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 404,540,000 to 358,667,000, a change of -45,873,000 (-11.3%).
- Net loss of 40,214,000 reduced equity.
- Dividend payments of 5,659,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-40.21 Million | -11.21% |
| Dividends Paid | RM5.66 Million | -1.58% |
| Total Change | RM- | -11.34% |
Book Value vs Market Value Analysis
This analysis compares HeveaBoard 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: 0.17x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.84 | RM0.11 | x |
| 2017-12-31 | RM0.82 | RM0.11 | x |
| 2018-12-31 | RM0.79 | RM0.11 | x |
| 2019-12-31 | RM0.76 | RM0.11 | x |
| 2020-12-31 | RM0.76 | RM0.11 | x |
| 2021-12-31 | RM0.75 | RM0.11 | x |
| 2022-12-31 | RM0.75 | RM0.11 | x |
| 2023-12-31 | RM0.73 | RM0.11 | x |
| 2024-12-31 | RM0.71 | RM0.11 | x |
| 2025-12-31 | RM0.63 | RM0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HeveaBoard 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): -11.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.16%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.24x
- Recent ROE (-11.21%) is below the historical average (4.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 21.41% | 14.71% | 1.05x | 1.39x | RM39.44 Million |
| 2016 | 19.16% | 14.94% | 1.05x | 1.22x | RM38.56 Million |
| 2017 | 14.09% | 11.83% | 0.97x | 1.23x | RM18.69 Million |
| 2018 | 3.78% | 3.72% | 0.83x | 1.23x | RM-27.42 Million |
| 2019 | 3.36% | 3.44% | 0.78x | 1.25x | RM-28.60 Million |
| 2020 | 3.80% | 4.21% | 0.74x | 1.22x | RM-26.67 Million |
| 2021 | -0.28% | -0.31% | 0.70x | 1.25x | RM-43.38 Million |
| 2022 | 2.19% | 2.26% | 0.81x | 1.19x | RM-33.25 Million |
| 2023 | -0.90% | -1.27% | 0.59x | 1.21x | RM-45.28 Million |
| 2024 | -1.25% | -1.55% | 0.67x | 1.21x | RM-45.51 Million |
| 2025 | -11.21% | -13.16% | 0.69x | 1.24x | RM-76.08 Million |
Industry Comparison
This section compares HeveaBoard Bhd's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $227,032,542
- Average return on equity (ROE) among peers: -14.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HeveaBoard Bhd (5095) | RM358.67 Million | 21.41% | 0.24x | $14.92 Million |
| Kanger International Bhd (0170) | $217.21 Million | -0.52% | 0.15x | $2.56 Million |
| Mieco Chipboard Bhd (5001) | $338.90 Million | -17.88% | 1.16x | $164.45 Million |
| NWP Holdings Bhd (5025) | $37.54 Million | -46.95% | 0.20x | $20.78 Million |
| Annum Bhd (5082) | $91.28 Million | -77.51% | 0.34x | $285.59K |
| Focus Lumber Bhd (5197) | $190.55 Million | 14.52% | 0.04x | $12.07 Million |
| Minho M Bhd (5576) | $403.30 Million | 1.40% | 0.28x | $23.73 Million |
| Golden Pharos Bhd (5649) | $74.40 Million | 0.69% | 0.49x | $5.12 Million |
| Subur Tiasa Holdings Bhd (6904) | $649.11 Million | -2.42% | 1.33x | $29.84 Million |
| Woodlandor Holdings Bhd (7025) | $41.00 Million | 2.44% | 0.46x | $5.27 Million |
About HeveaBoard Bhd
HeveaBoard Berhad, an investment holding company, manufactures, trades in, and distributes particleboards and particleboard-based products. It operates through Particleboards; Ready-to-Assemble Product; Cultivation and Trading of Gourmet Fungi; and Others segments. The company manufactures, trades, distributes, and markets ready-to-assemble furniture; and engages in the design, manufacturing, tra… Read more