Al Aqar Healthcare Reit (5116) - Net Assets
Based on the latest financial reports, Al Aqar Healthcare Reit (5116) has net assets worth RM1.05 Billion MYR (≈ $263.57 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 (RM2.09 Billion ≈ $524.13 Million USD) and total liabilities (RM1.04 Billion ≈ $260.56 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. Check 5116 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM1.05 Billion |
| % of Total Assets | 50.29% |
| Annual Growth Rate | 2.11% |
| 5-Year Change | 11.09% |
| 10-Year Change | 17.16% |
| Growth Volatility | 3.08 |
Al Aqar Healthcare Reit - Net Assets Trend (2012–2025)
This chart illustrates how Al Aqar Healthcare Reit's net assets have evolved over time, based on quarterly financial data. Also explore Al Aqar Healthcare Reit (5116) total assets for the complete picture of this company's asset base.
Annual Net Assets for Al Aqar Healthcare Reit (2012–2025)
The table below shows the annual net assets of Al Aqar Healthcare Reit from 2012 to 2025. For live valuation and market cap data, see how much is Al Aqar Healthcare Reit worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM1.05 Billion ≈ $263.57 Million |
-0.35% |
| 2024-12-31 | RM1.05 Billion ≈ $264.51 Million |
-1.75% |
| 2023-12-31 | RM1.07 Billion ≈ $269.22 Million |
+10.41% |
| 2022-12-31 | RM971.21 Million ≈ $243.84 Million |
+2.77% |
| 2021-12-31 | RM945.00 Million ≈ $237.26 Million |
+0.16% |
| 2020-12-31 | RM943.49 Million ≈ $236.88 Million |
-1.57% |
| 2019-12-31 | RM958.51 Million ≈ $240.65 Million |
+1.13% |
| 2018-12-31 | RM947.80 Million ≈ $237.96 Million |
+2.65% |
| 2017-12-31 | RM923.29 Million ≈ $231.81 Million |
+3.04% |
| 2016-12-31 | RM896.07 Million ≈ $224.97 Million |
+1.94% |
| 2015-12-31 | RM879.00 Million ≈ $220.69 Million |
+5.78% |
| 2014-12-31 | RM831.00 Million ≈ $208.64 Million |
+1.96% |
| 2013-12-31 | RM815.00 Million ≈ $204.62 Million |
+1.88% |
| 2012-12-31 | RM800.00 Million ≈ $200.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Al Aqar Healthcare Reit'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 22.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM213.79 Million | 20.37% |
| Common Stock | RM854.76 Million | 81.42% |
| Total Equity | RM1.05 Billion | 100.00% |
Al Aqar Healthcare Reit Competitors by Market Cap
The table below lists competitors of Al Aqar Healthcare Reit ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Glaze Co Ltd
TW:1809
|
$259.45 Million |
|
Petronor E&P Ltd
OL:PNOR
|
$259.45 Million |
|
Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A
SHG:688565
|
$259.64 Million |
|
Hot Chili Ltd
AU:HCH
|
$259.64 Million |
|
Light S.A
SA:LIGT3
|
$259.27 Million |
|
AK Sigorta AS
IS:AKGRT
|
$259.23 Million |
|
ButOne Information Corp XiAn
SHG:600455
|
$259.20 Million |
|
Goody Science & Technology Co Ltd
SHE:002694
|
$259.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Al Aqar Healthcare Reit's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,053,543,048 to 1,049,803,723, a change of -3,739,325 (-0.4%).
- Net income of 55,717,390 contributed positively to equity growth.
- Dividend payments of 56,610,490 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM55.72 Million | +5.31% |
| Dividends Paid | RM56.61 Million | -5.39% |
| Other Changes | RM-2.85 Million | -0.27% |
| Total Change | RM- | -0.35% |
Book Value vs Market Value Analysis
This analysis compares Al Aqar Healthcare Reit'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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.23 | RM1.23 | x |
| 2017-12-31 | RM1.27 | RM1.23 | x |
| 2018-12-31 | RM1.29 | RM1.23 | x |
| 2019-12-31 | RM1.30 | RM1.23 | x |
| 2020-12-31 | RM1.28 | RM1.23 | x |
| 2021-12-31 | RM1.28 | RM1.23 | x |
| 2022-12-31 | RM1.28 | RM1.23 | x |
| 2023-12-31 | RM1.28 | RM1.23 | x |
| 2024-12-31 | RM1.25 | RM1.23 | x |
| 2025-12-31 | RM1.25 | RM1.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Al Aqar Healthcare Reit 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): 5.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 46.45%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.99x
- Recent ROE (5.31%) is below the historical average (6.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.08% | 61.09% | 0.06x | 1.80x | RM-26.17 Million |
| 2017 | 9.17% | 84.94% | 0.06x | 1.69x | RM-7.68 Million |
| 2018 | 9.64% | 89.02% | 0.06x | 1.67x | RM-3.41 Million |
| 2019 | 7.95% | 71.78% | 0.06x | 1.75x | RM-19.69 Million |
| 2020 | 1.33% | 10.86% | 0.07x | 1.75x | RM-81.78 Million |
| 2021 | 7.78% | 64.48% | 0.07x | 1.76x | RM-20.95 Million |
| 2022 | 6.19% | 54.55% | 0.06x | 1.92x | RM-36.98 Million |
| 2023 | 5.66% | 50.15% | 0.07x | 1.73x | RM-46.54 Million |
| 2024 | 5.53% | 49.72% | 0.06x | 1.74x | RM-47.08 Million |
| 2025 | 5.31% | 46.45% | 0.06x | 1.99x | RM-49.26 Million |
Industry Comparison
This section compares Al Aqar Healthcare Reit's net assets metrics with peer companies in the REIT - Healthcare Facilities industry.
No peer company data available for comparison.
About Al Aqar Healthcare Reit
Al-`Aqar Healthcare REIT ("Al-`Aqar) is listed on the main market of Bursa Malaysia. From its humble beginnings with a portfolio of just six properties, Al-`Aqar has steadily evolved and transformed into a reputable player in the Malaysian REIT landscape. Today, it boasts an extensive portfolio of 23 properties strategically diversified across several key segments, with a notable focus on healthc… Read more