Rimbunan Sawit Bhd
Rimbunan Sawit Berhad, an investment holding company, engages in the cultivation of oil palm in Malaysia. The company offers crude palm oil, empty fruit bunches, decanter cake, food and sundry goods, fresh fruit bunches, palm kernels, palm kernel shells, and sludge oil. It also owns plantation land in Miri, Kuching, and Sibu, Sarawak; and operates a palm oil mill in Bok Land District, Miri. In ad… Read more
Rimbunan Sawit Bhd (5113) - Net Assets
Latest net assets as of December 2025: RM377.15 Million MYR
Based on the latest financial reports, Rimbunan Sawit Bhd (5113) has net assets worth RM377.15 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 (RM767.76 Million) and total liabilities (RM390.61 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 | RM377.15 Million |
| % of Total Assets | 49.12% |
| Annual Growth Rate | -6.94% |
| 5-Year Change | 4.97% |
| 10-Year Change | -50.48% |
| Growth Volatility | 7.75 |
Rimbunan Sawit Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Rimbunan Sawit 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 Rimbunan Sawit Bhd (2012–2025)
The table below shows the annual net assets of Rimbunan Sawit Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM377.15 Million | -1.10% |
| 2024-12-31 | RM381.33 Million | +5.07% |
| 2023-12-31 | RM362.93 Million | +2.68% |
| 2022-12-31 | RM353.47 Million | -1.62% |
| 2021-12-31 | RM359.29 Million | -7.78% |
| 2020-12-31 | RM389.60 Million | -10.17% |
| 2019-12-31 | RM433.72 Million | -10.63% |
| 2018-12-31 | RM485.28 Million | -21.58% |
| 2017-12-31 | RM618.82 Million | -18.75% |
| 2016-12-31 | RM761.60 Million | -12.36% |
| 2015-12-31 | RM869.00 Million | -7.85% |
| 2014-12-31 | RM943.00 Million | 0.00% |
| 2013-12-31 | RM943.00 Million | -1.77% |
| 2012-12-31 | RM960.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rimbunan Sawit 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 82.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM10.74 Million | 2.67% |
| Common Stock | RM391.51 Million | 97.33% |
| Total Equity | RM402.25 Million | 100.00% |
Rimbunan Sawit Bhd Competitors by Market Cap
The table below lists competitors of Rimbunan Sawit Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chungdamglobal Co. Ltd.
KQ:362320
|
$29.04 Million |
|
Arcario AB
ST:ARCA
|
$29.05 Million |
|
Starbreeze AB (publ)
PINK:STBEF
|
$29.06 Million |
|
Pacific West Bancorp
PINK:PWBK
|
$29.07 Million |
|
Natural Beauty Bio-Technology Limited
PINK:NBBTF
|
$29.03 Million |
|
Finnovate Acquisition Corp
NASDAQ:FNVT
|
$29.03 Million |
|
Hi Sharp Electronics Co Ltd
TWO:3128
|
$29.03 Million |
|
Ssangyong Information & Communications Corp
KQ:010280
|
$29.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rimbunan Sawit Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 436,669,000 to 402,248,000, a change of -34,421,000 (-7.9%).
- Net loss of 444,000 reduced equity.
- Other factors decreased equity by 33,977,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-444.00K | -0.11% |
| Other Changes | RM-33.98 Million | -8.45% |
| Total Change | RM- | -7.88% |
Book Value vs Market Value Analysis
This analysis compares Rimbunan Sawit 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: 0.94x
- 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 0.34x to 0.94x 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 | RM0.54 | RM0.19 | x |
| 2017-12-31 | RM0.44 | RM0.19 | x |
| 2018-12-31 | RM0.34 | RM0.19 | x |
| 2019-12-31 | RM0.31 | RM0.19 | x |
| 2020-12-31 | RM0.19 | RM0.19 | x |
| 2021-12-31 | RM0.19 | RM0.19 | x |
| 2022-12-31 | RM0.19 | RM0.19 | x |
| 2023-12-31 | RM0.20 | RM0.19 | x |
| 2024-12-31 | RM0.21 | RM0.19 | x |
| 2025-12-31 | RM0.20 | RM0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rimbunan Sawit 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): -0.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.07%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.91x
- Recent ROE (-0.11%) is above the historical average (-7.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -7.37% | -32.61% | 0.11x | 2.03x | RM-141.44 Million |
| 2016 | -8.75% | -26.61% | 0.15x | 2.13x | RM-142.83 Million |
| 2017 | -21.33% | -40.70% | 0.22x | 2.38x | RM-193.90 Million |
| 2018 | -27.52% | -39.43% | 0.28x | 2.50x | RM-182.06 Million |
| 2019 | -11.89% | -18.11% | 0.25x | 2.58x | RM-94.94 Million |
| 2020 | -11.32% | -11.45% | 0.42x | 2.34x | RM-83.08 Million |
| 2021 | -1.71% | -1.21% | 0.61x | 2.31x | RM-44.84 Million |
| 2022 | -0.09% | -0.05% | 0.79x | 2.22x | RM-38.60 Million |
| 2023 | 6.16% | 4.95% | 0.60x | 2.09x | RM-15.67 Million |
| 2024 | 6.54% | 5.24% | 0.72x | 1.73x | RM-15.11 Million |
| 2025 | -0.11% | -0.07% | 0.86x | 1.91x | RM-40.67 Million |
Industry Comparison
This section compares Rimbunan Sawit 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 |
|---|---|---|---|---|
| Rimbunan Sawit Bhd (5113) | RM377.15 Million | -7.37% | 1.04x | $29.04 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 |