Sentral REIT Net Assets

Latest as of December 2025: RM1.37 Billion MYR ≈ $343.48 Million USD

Sentral REIT net assets. Based on the latest financial reports, Sentral REIT (5123) has net assets worth RM1.37 Billion MYR (≈ $343.48 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 (RM2.68 Billion ≈ $673.45 Million USD) and total liabilities (RM1.31 Billion ≈ $329.97 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 Sentral REIT net asset quality index to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM1.37 Billion
% of Total Assets	51.0%
Annual Growth Rate	7.12%
5-Year Change	3.81%
10-Year Change	0.62%
Growth Volatility	20.76

Net Assets of Sentral REIT (2011–2025)

Net assets of Sentral REIT from 2011 to 2025. This chart illustrates how Sentral REIT's net assets have evolved over time, based on quarterly financial data. Also explore Sentral REIT (5123) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Net Assets for Sentral REIT (2011–2025)

The table below shows the annual net assets of Sentral REIT from 2011 to 2025. For live market cap and overall valuation, see 5123 market cap.

Year	Net Assets	Change
2025-12-31	RM1.37 Billion ≈ $343.48 Million	-1.28%
2024-12-31	RM1.39 Billion ≈ $347.93 Million	+2.39%
2023-12-31	RM1.35 Billion ≈ $339.81 Million	+4.84%
2022-12-31	RM1.29 Billion ≈ $324.14 Million	-2.04%
2021-12-31	RM1.32 Billion ≈ $330.87 Million	-0.43%
2020-12-31	RM1.32 Billion ≈ $332.29 Million	+0.00%
2019-12-31	RM1.32 Billion ≈ $332.28 Million	-3.56%
2018-12-31	RM1.37 Billion ≈ $344.54 Million	-0.90%
2017-12-31	RM1.38 Billion ≈ $347.66 Million	+1.84%
2016-12-31	RM1.36 Billion ≈ $341.38 Million	+50.43%
2015-12-31	RM903.85 Million ≈ $226.93 Million	+67.07%
2014-12-31	RM541.00 Million ≈ $135.83 Million	+1.50%
2013-12-31	RM533.00 Million ≈ $133.82 Million	+0.76%
2012-12-31	RM529.00 Million ≈ $132.81 Million	+1.34%
2011-12-31	RM522.00 Million ≈ $131.06 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sentral 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 decreased by 72.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Sentral REIT Net Assets Breakdown (December 2025)

Sentral REIT net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	RM41.50 Million	3.03%
Common Stock	RM1.33 Billion	96.97%
Total Equity	RM1.37 Billion	100.00%

Sentral REIT Competitors by Market Cap

The table below lists competitors of Sentral REIT ranked by their market capitalization.

Company	Market Cap
Goldshore Resources Inc V:GSHR	$181.61 Million
Staude Capital Global Value Fund Ltd AU:GVF	$181.63 Million
ECB Bancorp Inc. NASDAQ:ECBK	$181.66 Million
B&G Foods Inc NYSE:BGS	$181.73 Million
Palladyne AI Corp NASDAQ:PDYN	$181.57 Million
Paragon Care Ltd AU:PGC	$181.54 Million
Winton Land Ltd AU:WTN	$181.54 Million
Ege Gubre Sanayi AS IS:EGGUB	$181.53 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,385,791,203 to 1,368,072,510, a change of -17,718,693 (-1.3%).
Net income of 58,636,630 contributed positively to equity growth.
Dividend payments of 75,436,240 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM58.64 Million	+4.29%
Dividends Paid	RM75.44 Million	-5.51%
Other Changes	RM-919.08K	-0.07%
Total Change	RM-	-1.28%

Book Value vs Market Value Analysis

This analysis compares Sentral 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: 0.53x
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	RM1.27	RM0.61	x
2017-12-31	RM1.30	RM0.61	x
2018-12-31	RM1.28	RM0.61	x
2019-12-31	RM1.23	RM0.61	x
2020-12-31	RM1.23	RM0.61	x
2021-12-31	RM1.23	RM0.61	x
2022-12-31	RM1.20	RM0.61	x
2023-12-31	RM1.13	RM0.61	x
2024-12-31	RM1.16	RM0.61	x
2025-12-31	RM1.14	RM0.61	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sentral 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): 4.29%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 30.74%
• Asset Turnover: 0.07x
• Equity Multiplier: 1.96x
Recent ROE (4.29%) 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	6.72%	52.70%	0.07x	1.80x	RM-29.69 Million
2016	4.62%	45.94%	0.06x	1.69x	RM-73.20 Million
2017	5.05%	38.52%	0.08x	1.65x	RM-68.56 Million
2018	5.33%	42.39%	0.08x	1.66x	RM-64.10 Million
2019	2.20%	18.09%	0.07x	1.67x	RM-103.23 Million
2020	5.48%	44.25%	0.07x	1.68x	RM-59.78 Million
2021	5.33%	44.01%	0.07x	1.65x	RM-61.54 Million
2022	4.05%	35.48%	0.07x	1.66x	RM-76.83 Million
2023	5.37%	44.85%	0.06x	1.93x	RM-62.64 Million
2024	5.69%	40.46%	0.07x	1.89x	RM-59.76 Million
2025	4.29%	30.74%	0.07x	1.96x	RM-78.17 Million

Industry Comparison

This section compares Sentral REIT's net assets metrics with peer companies in the REIT - Office industry.

Industry Context

Industry: REIT - Office
Average net assets among peers: $1,421,895,500
Average return on equity (ROE) among peers: 2.42%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sentral REIT (5123)	RM1.37 Billion	6.72%	0.96x	$181.59 Million
Tower Real Estate Investment Trust (5111)	$545.25 Million	3.88%	0.04x	$38.82 Million
IGB Commercial Real Estate Investment Trust Unit (5299)	$2.30 Billion	0.96%	0.42x	$370.81 Million

About Sentral REIT

KLSE:5123 Malaysia REIT - Office

Market Cap

$181.59 Million

RM723.28 Million MYR

Market Cap Rank

#16762 Global

#226 in Malaysia

Share Price

RM0.61

Change (1 day)

-0.82%

52-Week Range

RM0.61 - RM0.81

All Time High

RM0.88