TH Plantations Bhd Net Assets

Latest as of June 2026: RM1.14 Billion MYR ≈ $285.27 Million USD

TH Plantations Bhd net assets. Based on the latest financial reports, TH Plantations Bhd (5112) has net assets worth RM1.14 Billion MYR (≈ $285.27 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.71 Billion ≈ $679.26 Million USD) and total liabilities (RM1.57 Billion ≈ $393.99 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 5112 net asset quality index to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM1.14 Billion
% of Total Assets	42.0%
Annual Growth Rate	-2.19%
5-Year Change	20.04%
10-Year Change	-22.41%
Growth Volatility	24.69

Net Assets of TH Plantations Bhd (2012–2025)

Net assets of TH Plantations Bhd from 2012 to 2025. This chart illustrates how TH Plantations Bhd's net assets have evolved over time, based on quarterly financial data. Also explore TH Plantations Bhd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Net Assets for TH Plantations Bhd (2012–2025)

The table below shows the annual net assets of TH Plantations Bhd from 2012 to 2025. For live market cap and overall valuation, see 5112 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	RM1.13 Billion ≈ $284.77 Million	-17.14%
2024-12-31	RM1.37 Billion ≈ $343.69 Million	+4.24%
2023-12-31	RM1.31 Billion ≈ $329.69 Million	+0.46%
2022-12-31	RM1.31 Billion ≈ $328.17 Million	+38.33%
2021-12-31	RM944.89 Million ≈ $237.23 Million	+11.15%
2020-12-31	RM850.09 Million ≈ $213.43 Million	+50.61%
2019-12-31	RM564.43 Million ≈ $141.71 Million	-28.77%
2018-12-31	RM792.36 Million ≈ $198.94 Million	-43.75%
2017-12-31	RM1.41 Billion ≈ $353.65 Million	-3.64%
2016-12-31	RM1.46 Billion ≈ $367.01 Million	+15.15%
2015-12-31	RM1.27 Billion ≈ $318.71 Million	-21.35%
2014-12-31	RM1.61 Billion ≈ $405.22 Million	+1.77%
2013-12-31	RM1.59 Billion ≈ $398.19 Million	+4.82%
2012-12-31	RM1.51 Billion ≈ $379.86 Million	--

Equity Component Analysis

This analysis shows how different components contribute to TH Plantations 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 92.9% over the analyzed period, potentially due to dividend distributions or operating losses.

TH Plantations Bhd Net Assets Breakdown (December 2025)

TH Plantations Bhd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	RM29.10 Million	3.53%
Common Stock	RM862.75 Million	104.75%
Other Comprehensive Income	RM12.43 Million	1.51%
Total Equity	RM823.62 Million	100.00%

TH Plantations Bhd Competitors by Market Cap

The table below lists competitors of TH Plantations Bhd ranked by their market capitalization.

Company	Market Cap
Sedana Medical AB ST:SEDANA	$105.41 Million
MegaStudy Co. Ltd KQ:072870	$105.43 Million
Cibus Global LLC NASDAQ:CBUS	$105.47 Million
JAKS Resources Bhd KLSE:4723	$105.50 Million
Evertop Wire Cable Corp TW:1616	$105.37 Million
MCOT Public Company Limited BK:MCOT	$105.37 Million
Qilian International Holding Group Limited NASDAQ:BGM	$105.36 Million
CAB Cakaran Corporation Bhd KLSE:7174	$105.34 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,060,578,000 to 823,617,000, a change of -236,961,000 (-22.3%).
Net income of 91,800,000 contributed positively to equity growth.
Dividend payments of 26,348,000 reduced retained earnings.
Other comprehensive income decreased equity by 203,642,000.
Other factors decreased equity by 98,771,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM91.80 Million	+11.15%
Dividends Paid	RM26.35 Million	-3.2%
Other Comprehensive Income	RM-203.64 Million	-24.73%
Other Changes	RM-98.77 Million	-11.99%
Total Change	RM-	-22.34%

Book Value vs Market Value Analysis

This analysis compares TH Plantations 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: 0.51x
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 increased from 0.29x to 0.51x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	RM1.65	RM0.48	x
2017-12-31	RM1.59	RM0.48	x
2018-12-31	RM0.90	RM0.48	x
2019-12-31	RM0.64	RM0.48	x
2020-12-31	RM0.66	RM0.48	x
2021-12-31	RM0.73	RM0.48	x
2022-12-31	RM1.13	RM0.48	x
2023-12-31	RM1.15	RM0.48	x
2024-12-31	RM1.20	RM0.48	x
2025-12-31	RM0.93	RM0.48	x

Capital Efficiency Dashboard

This dashboard shows how efficiently TH Plantations 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): 11.15%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.55%
• Asset Turnover: 0.35x
• Equity Multiplier: 3.32x
Recent ROE (11.15%) is above the historical average (-5.06%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	4.89%	13.65%	0.13x	2.72x	RM-64.81 Million
2016	10.06%	26.15%	0.15x	2.52x	RM888.90K
2017	1.59%	3.26%	0.19x	2.53x	RM-118.45 Million
2018	-75.04%	-114.50%	0.18x	3.62x	RM-673.84 Million
2019	-40.13%	-45.88%	0.18x	4.85x	RM-282.94 Million
2020	2.41%	2.52%	0.21x	4.59x	RM-44.04 Million
2021	10.81%	9.23%	0.27x	4.41x	RM5.26 Million
2022	6.88%	7.81%	0.33x	2.68x	RM-31.11 Million
2023	4.60%	6.20%	0.29x	2.59x	RM-54.81 Million
2024	7.09%	8.57%	0.33x	2.54x	RM-30.88 Million
2025	11.15%	9.55%	0.35x	3.32x	RM9.44 Million

Industry Comparison

This section compares TH Plantations Bhd's net assets metrics with peer companies in the Farm Products industry.

Industry Context

Industry: Farm Products
Average net assets among peers: $416,404,229
Average return on equity (ROE) among peers: -2.64%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
TH Plantations Bhd (5112)	RM1.14 Billion	4.89%	1.38x	$105.41 Million
Green Ocean Corporation Bhd (0074)	$99.70 Million	-14.05%	0.20x	$3.71 Million
MAG Holdings Berhad (0095)	$473.76 Million	-1.41%	0.15x	$74.04 Million
Greenyield Bhd (0136)	$54.42 Million	-0.73%	0.43x	$20.87 Million
Heng Huat Resources Group Bhd (0175)	$79.33 Million	0.46%	1.12x	$29.51 Million
Matang Bhd (0189)	$168.01 Million	1.07%	0.02x	$41.99 Million
Pinehill Pacific Bhd (1902)	$184.30 Million	-6.00%	-0.03x	$17.30 Million
Chin Teck Plantations Bhd (1929)	$858.81 Million	6.21%	0.06x	$245.44 Million
Kretam Holdings Bhd (1996)	$896.64 Million	12.08%	0.26x	$371.66 Million
Negri Sembilan Oil Palms Bhd (2038)	$608.49 Million	2.97%	0.34x	$92.18 Million
TDM Berhad (2054)	$740.59 Million	-26.99%	1.25x	$82.19 Million

About TH Plantations Bhd

KLSE:5112 Malaysia Farm Products

Market Cap

$105.41 Million

RM419.83 Million MYR

Market Cap Rank

#18885 Global

#316 in Malaysia

Share Price

RM0.48

Change (1 day)

-3.06%

52-Week Range

RM0.48 - RM0.69

All Time High

RM1.15