Aeon Credit Service Bhd (5139) - Net Assets

Latest as of November 2025: RM2.93 Billion MYR ≈ $735.96 Million USD

Based on the latest financial reports, Aeon Credit Service Bhd (5139) has net assets worth RM2.93 Billion MYR (≈ $735.96 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM15.62 Billion ≈ $3.92 Billion USD) and total liabilities (RM12.69 Billion ≈ $3.19 Billion 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 5139 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM2.93 Billion
% of Total Assets	18.77%
Annual Growth Rate	22.2%
5-Year Change	49.59%
10-Year Change	166.96%
Growth Volatility	22.09

Aeon Credit Service Bhd - Net Assets Trend (2006–2025)

This chart illustrates how Aeon Credit Service Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Aeon Credit Service Bhd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Aeon Credit Service Bhd (2006–2025)

The table below shows the annual net assets of Aeon Credit Service Bhd from 2006 to 2025. For live valuation and market cap data, see how much is Aeon Credit Service Bhd worth.

Year	Net Assets	Change
2025-02-28	RM2.83 Billion ≈ $711.01 Million	+7.37%
2024-02-29	RM2.64 Billion ≈ $662.22 Million	+4.47%
2023-02-28	RM2.52 Billion ≈ $633.90 Million	+14.70%
2022-02-28	RM2.20 Billion ≈ $552.67 Million	+16.27%
2021-02-28	RM1.89 Billion ≈ $475.32 Million	+7.73%
2020-02-29	RM1.76 Billion ≈ $441.21 Million	-6.27%
2019-02-28	RM1.87 Billion ≈ $470.75 Million	+0.94%
2018-02-28	RM1.86 Billion ≈ $466.36 Million	+50.90%
2017-02-28	RM1.23 Billion ≈ $309.06 Million	+16.04%
2016-02-29	RM1.06 Billion ≈ $266.34 Million	+11.00%
2015-02-28	RM955.71 Million ≈ $239.95 Million	+48.04%
2014-02-28	RM645.56 Million ≈ $162.08 Million	+50.41%
2013-02-28	RM429.21 Million ≈ $107.76 Million	+25.78%
2012-02-29	RM341.23 Million ≈ $85.67 Million	+20.91%
2011-02-28	RM282.22 Million ≈ $70.86 Million	+12.68%
2010-02-28	RM250.46 Million ≈ $62.88 Million	+16.04%
2009-02-28	RM215.84 Million ≈ $54.19 Million	+18.87%
2008-02-29	RM181.58 Million ≈ $45.59 Million	+74.32%
2007-02-28	RM104.17 Million ≈ $26.15 Million	+65.91%
2006-02-28	RM62.78 Million ≈ $15.76 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Aeon Credit Service 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 grown by 7175.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (February 2025)

Component	Amount	Percentage
Retained Earnings	RM2.25 Billion	79.34%
Common Stock	RM584.01 Million	20.62%
Other Components	RM1.10 Million	0.04%
Total Equity	RM2.83 Billion	100.00%

Aeon Credit Service Bhd Competitors by Market Cap

The table below lists competitors of Aeon Credit Service Bhd ranked by their market capitalization.

Company	Market Cap
Ciputra Development Tbk JK:CTRA	$760.28 Million
Ferroglobe PLC NASDAQ:GSM	$760.50 Million
Chengdu Jafaantai Technology Co Ltd SHE:300559	$760.58 Million
SNTEnergy Co Ltd KO:100840	$760.66 Million
MAS Real Estate Inc JSE:MSP	$760.21 Million
Yingkou Jinchen Mach Co Ltd SHG:603396	$760.16 Million
Beijing SPC Environment Protection Tech Co Ltd SHE:002573	$760.05 Million
AP (Thailand) Public Company Limited BK:AP	$759.93 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,637,631,000 to 2,831,948,000, a change of 194,317,000 (7.4%).
Net income of 370,611,000 contributed positively to equity growth.
Dividend payments of 144,249,000 reduced retained earnings.
Other comprehensive income decreased equity by 20,150,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM370.61 Million	+13.09%
Dividends Paid	RM144.25 Million	-5.09%
Other Comprehensive Income	RM-20.15 Million	-0.71%
Other Changes	RM-11.89 Million	-0.42%
Total Change	RM-	7.37%

Book Value vs Market Value Analysis

This analysis compares Aeon Credit Service 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: 1.07x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 16.66x to 1.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-02-28	RM0.36	RM5.93	x
2007-02-28	RM0.59	RM5.93	x
2008-02-29	RM0.99	RM5.93	x
2009-02-28	RM1.00	RM5.93	x
2010-02-28	RM1.16	RM5.93	x
2011-02-28	RM1.31	RM5.93	x
2012-02-29	RM1.45	RM5.93	x
2013-02-28	RM2.19	RM5.93	x
2014-02-28	RM2.99	RM5.93	x
2015-02-28	RM4.42	RM5.93	x
2016-02-29	RM4.91	RM5.93	x
2017-02-28	RM4.95	RM5.93	x
2018-02-28	RM9.03	RM5.93	x
2019-02-28	RM7.34	RM5.93	x
2020-02-29	RM6.88	RM5.93	x
2021-02-28	RM7.42	RM5.93	x
2022-02-28	RM8.62	RM5.93	x
2023-02-28	RM4.94	RM5.93	x
2024-02-29	RM5.17	RM5.93	x
2025-02-28	RM5.55	RM5.93	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aeon Credit Service 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): 13.09%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 16.84%
• Asset Turnover: 0.15x
• Equity Multiplier: 5.07x
Recent ROE (13.09%) is below the historical average (20.18%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	21.51%	19.54%	0.20x	5.38x	RM7.23 Million
2007	18.91%	16.98%	0.20x	5.49x	RM9.29 Million
2008	18.39%	22.00%	0.21x	4.03x	RM15.24 Million
2009	22.59%	26.08%	0.21x	4.22x	RM27.17 Million
2010	21.67%	21.85%	0.25x	4.03x	RM29.23 Million
2011	22.48%	23.53%	0.23x	4.17x	RM35.21 Million
2012	28.02%	27.77%	0.22x	4.59x	RM61.48 Million
2013	31.25%	28.71%	0.19x	5.67x	RM91.21 Million
2014	27.16%	26.06%	0.18x	5.84x	RM110.80 Million
2015	22.57%	24.75%	0.18x	5.15x	RM120.15 Million
2016	21.51%	23.64%	0.16x	5.75x	RM122.14 Million
2017	21.53%	24.05%	0.15x	5.91x	RM141.93 Million
2018	16.15%	24.29%	0.16x	4.15x	RM114.31 Million
2019	18.91%	25.96%	0.16x	4.62x	RM167.13 Million
2020	16.62%	18.27%	0.15x	5.94x	RM116.31 Million
2021	12.36%	14.98%	0.15x	5.40x	RM44.64 Million
2022	16.60%	23.96%	0.15x	4.61x	RM145.29 Million
2023	16.54%	25.46%	0.15x	4.40x	RM165.20 Million
2024	15.70%	19.65%	0.17x	4.78x	RM150.26 Million
2025	13.09%	16.84%	0.15x	5.07x	RM87.42 Million

Industry Comparison

This section compares Aeon Credit Service Bhd's net assets metrics with peer companies in the Credit Services industry.

Industry Context

Industry: Credit Services
Average net assets among peers: $378,771,151
Average return on equity (ROE) among peers: 10.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Aeon Credit Service Bhd (5139)	RM2.93 Billion	21.51%	4.33x	$760.22 Million
Pappajack Bhd (0242)	$54.93 Million	2.86%	0.10x	$176.36 Million
Evergreen Max Cash Capital Berhad (0286)	$137.06 Million	14.63%	0.61x	$91.43 Million
ELK-Desa Resources Bhd (5228)	$493.32 Million	6.62%	0.81x	$115.13 Million
RCE Capital Berhad (9296)	$829.77 Million	16.72%	2.61x	$416.49 Million

About Aeon Credit Service Bhd

KLSE:5139 Malaysia Credit Services

Market Cap

$760.22 Million

RM3.03 Billion MYR

Market Cap Rank

#10521 Global

#98 in Malaysia

Share Price

RM5.93

Change (1 day)

+0.17%

52-Week Range

RM4.85 - RM6.09

All Time High

RM7.43