AmFIRST Real Estate Investment Trust (5120) - Net Assets

Latest as of March 2026: RM835.90 Million MYR ≈ $209.87 Million USD

Based on the latest financial reports, AmFIRST Real Estate Investment Trust (5120) has net assets worth RM835.90 Million MYR (≈ $209.87 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.65 Billion ≈ $413.36 Million USD) and total liabilities (RM810.52 Million ≈ $203.49 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 tangible equity quality of AmFIRST Real Estate Investment Trust to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets RM835.90 Million
% of Total Assets 50.77%
Annual Growth Rate -0.01%
5-Year Change 2.97%
10-Year Change -3.61%
Growth Volatility 1.81

AmFIRST Real Estate Investment Trust - Net Assets Trend (2013–2026)

This chart illustrates how AmFIRST Real Estate Investment Trust's net assets have evolved over time, based on quarterly financial data. See 5120 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for AmFIRST Real Estate Investment Trust (2013–2026)

The table below shows the annual net assets of AmFIRST Real Estate Investment Trust from 2013 to 2026. For live valuation and market cap data, see AmFIRST Real Estate Investment Trust market cap and net worth.

Year Net Assets Change
2026-03-31 RM835.90 Million
≈ $209.87 Million		 +1.46%
2025-03-31 RM823.84 Million
≈ $206.84 Million		 +1.19%
2024-03-31 RM814.16 Million
≈ $204.41 Million		 +1.15%
2023-03-31 RM804.87 Million
≈ $202.08 Million		 -0.85%
2022-03-31 RM811.75 Million
≈ $203.80 Million		 -1.44%
2021-03-31 RM823.63 Million
≈ $206.79 Million		 -2.04%
2020-03-31 RM840.74 Million
≈ $211.08 Million		 -0.45%
2019-03-31 RM844.54 Million
≈ $212.04 Million		 -0.57%
2018-03-31 RM849.36 Million
≈ $213.25 Million		 -2.06%
2017-03-31 RM867.21 Million
≈ $217.73 Million		 -1.37%
2016-03-31 RM879.29 Million
≈ $220.76 Million		 +4.55%
2015-03-31 RM841.00 Million
≈ $211.15 Million		 -1.06%
2014-03-31 RM850.00 Million
≈ $213.41 Million		 +1.55%
2013-03-31 RM837.00 Million
≈ $210.14 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to AmFIRST Real Estate Investment Trust'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 17.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Retained Earnings RM199.27 Million 23.84%
Other Components RM636.62 Million 76.16%
Total Equity RM835.90 Million 100.00%

AmFIRST Real Estate Investment Trust Competitors by Market Cap

The table below lists competitors of AmFIRST Real Estate Investment Trust ranked by their market capitalization.

Company Market Cap
Baylin Technologies Inc
TO:BYL
 $55.15 Million
Barksdale Resources Corp
V:BRO
 $55.16 Million
Minupar Participações S.A
SA:MNPR3
 $55.17 Million
Shagrir Group Vehicle Services Ltd
TA:SHGR
 $55.17 Million
Nam Liong Global Corp
TWO:5450
 $55.15 Million
AML3D Ltd
AU:AL3
 $55.13 Million
TMP Steel
TWO:6248
 $55.12 Million
Emami Paper Mills Limited
NSE:EMAMIPAP
 $55.12 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in AmFIRST Real Estate Investment Trust's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2025 to 2026, total equity changed from 823,844,800 to 835,896,000, a change of 12,051,200 (1.5%).
  • Net income of 30,378,000 contributed positively to equity growth.
  • Dividend payments of 18,326,000 reduced retained earnings.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income RM30.38 Million +3.63%
Dividends Paid RM18.33 Million -2.19%
Other Changes RM-800.00 -0.0%
Total Change RM- 1.46%

Book Value vs Market Value Analysis

This analysis compares AmFIRST Real Estate Investment Trust'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: 0.26x
  • 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
2017-03-31 RM1.26 RM0.32 x
2018-03-31 RM1.24 RM0.32 x
2019-03-31 RM1.23 RM0.32 x
2020-03-31 RM1.22 RM0.32 x
2021-03-31 RM1.20 RM0.32 x
2022-03-31 RM1.18 RM0.32 x
2023-03-31 RM1.17 RM0.32 x
2024-03-31 RM1.19 RM0.32 x
2025-03-31 RM1.20 RM0.32 x
2026-03-31 RM1.22 RM0.32 x

Capital Efficiency Dashboard

This dashboard shows how efficiently AmFIRST Real Estate Investment Trust 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): 3.63%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 27.55%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 1.97x
  • Recent ROE (3.63%) is above the historical average (2.70%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 7.78% 68.51% 0.06x 1.97x RM-19.56 Million
2017 2.56% 19.94% 0.07x 1.94x RM-64.48 Million
2018 1.33% 9.93% 0.07x 1.96x RM-73.61 Million
2019 2.64% 18.39% 0.07x 1.98x RM-62.16 Million
2020 2.81% 19.55% 0.07x 2.00x RM-60.49 Million
2021 0.33% 2.54% 0.06x 2.03x RM-79.64 Million
2022 0.66% 5.36% 0.06x 2.05x RM-75.83 Million
2023 1.76% 13.73% 0.06x 1.98x RM-66.29 Million
2024 3.15% 25.26% 0.06x 1.97x RM-55.80 Million
2025 2.99% 23.53% 0.06x 1.97x RM-57.73 Million
2026 3.63% 27.55% 0.07x 1.97x RM-53.21 Million

Industry Comparison

This section compares AmFIRST Real Estate Investment Trust's net assets metrics with peer companies in the REIT - Diversified industry.

Industry Context

  • Industry: REIT - Diversified
  • Average net assets among peers: $3,913,386,294
  • Average return on equity (ROE) among peers: 4.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
AmFIRST Real Estate Investment Trust (5120) RM835.90 Million 7.78% 0.97x $55.15 Million
Axis Real Estate Investment Trust (5106) $2.08 Billion 10.07% 0.48x $996.43 Million
UOA Real Estate Investment Trust (5110) $989.11 Million 4.86% 0.78x $137.39 Million
AmanahRaya Real Estate Investment Trust (5127) $776.59 Million 4.57% 0.90x $56.85 Million
KLCC Property Holdings Bhd (5235SS) $15.13 Billion 4.79% 0.18x $4.11 Billion
Al-Salam Real Estate Investment Trust (5269) $597.38 Million -2.26% 1.10x $74.27 Million

About AmFIRST Real Estate Investment Trust

KLSE:5120 Malaysia REIT - Diversified
Market Cap
$55.15 Million
RM219.65 Million MYR
Market Cap Rank
#21612 Global
#460 in Malaysia
Share Price
RM0.32
Change (1 day)
-3.03%
52-Week Range
RM0.29 - RM0.34
All Time High
RM0.53
Categories
Companies in Malaysia REIT - Diversified
About

AmFIRST Real Estate Investment Trust currently owns eight (8) properties valued at RM1.57 billion. These include Bangunan AmBank Group, Menara AmBank, Wisma AmFIRST, The Summit Subang USJ, Prima 9, Prima 10, Jaya 99 and Mydin Hypermall, Bukit Mertajam. The Trust focuses on investing in incomeproducing real estate which are primarily for commercial use. AmFIRST REIT is managed by AmREIT Managers S… Read more