Muar Ban Lee Group Bhd
Muar Ban Lee Group Berhad, an investment holding company, manufactures and sells palm kernel oil expeller machines in Malaysia. The company operates through Manufacturing, Automotive, Trading, and Plantation segments. The company provides palm kernel oil seeds expellers for the extraction of palm kernel oil; copra/coconut oil expellers that crushes and presses the copra or coconut, and extracts o… Read more
Muar Ban Lee Group Bhd (5152) - Net Assets
Latest net assets as of September 2025: RM276.64 Million MYR
Based on the latest financial reports, Muar Ban Lee Group Bhd (5152) has net assets worth RM276.64 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM372.22 Million) and total liabilities (RM95.58 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 | RM276.64 Million |
| % of Total Assets | 74.32% |
| Annual Growth Rate | 10.2% |
| 5-Year Change | 66.7% |
| 10-Year Change | 182.28% |
| Growth Volatility | 11.84 |
Muar Ban Lee Group Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Muar Ban Lee Group 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 Muar Ban Lee Group Bhd (2012–2024)
The table below shows the annual net assets of Muar Ban Lee Group Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM259.70 Million | +14.84% |
| 2023-12-31 | RM226.14 Million | +8.67% |
| 2022-12-31 | RM208.10 Million | +43.06% |
| 2021-12-31 | RM145.46 Million | -6.63% |
| 2020-12-31 | RM155.79 Million | +11.76% |
| 2019-12-31 | RM139.39 Million | +13.31% |
| 2018-12-31 | RM123.02 Million | +18.42% |
| 2017-12-31 | RM103.88 Million | +6.67% |
| 2016-12-31 | RM97.39 Million | +5.86% |
| 2015-12-31 | RM92.00 Million | +12.20% |
| 2014-12-31 | RM82.00 Million | +1.23% |
| 2013-12-31 | RM81.00 Million | 0.00% |
| 2012-12-31 | RM81.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Muar Ban Lee Group 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 321.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM185.11 Million | 71.15% |
| Other Components | RM75.07 Million | 28.85% |
| Total Equity | RM260.18 Million | 100.00% |
Muar Ban Lee Group Bhd Competitors by Market Cap
The table below lists competitors of Muar Ban Lee Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leocor Gold Inc
OTCQB:LECRF
|
$5.19 Million |
|
Priceworth International Bhd
KLSE:7123
|
$5.19 Million |
|
Buxton Resources Ltd
AU:BUX
|
$5.19 Million |
|
UNITEDLABELS Aktiengesellschaft
F:ULC
|
$5.20 Million |
|
F45 Training Holdings Inc
PINK:FXLV
|
$5.19 Million |
|
Salona Cotspin Limited
NSE:SALONA
|
$5.19 Million |
|
PT Arsy Buana Travelindo Tbk
JK:HAJJ
|
$5.18 Million |
|
Fifth Era Acquisition Corp I Rights
NASDAQ:FERAR
|
$5.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Muar Ban Lee Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 226,675,000 to 260,177,000, a change of 33,502,000 (14.8%).
- Net income of 35,380,000 contributed positively to equity growth.
- Share repurchases of 84,000 reduced equity.
- New share issuances of 84,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM35.38 Million | +13.6% |
| Share Repurchases | RM84.00K | -0.03% |
| Share Issuances | RM84.00K | +0.03% |
| Other Changes | RM-1.88 Million | -0.72% |
| Total Change | RM- | 14.78% |
Book Value vs Market Value Analysis
This analysis compares Muar Ban Lee Group 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: 0.27x
- 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 decreased from 0.58x to 0.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.53 | RM0.31 | x |
| 2017-12-31 | RM0.57 | RM0.31 | x |
| 2018-12-31 | RM0.60 | RM0.31 | x |
| 2019-12-31 | RM0.69 | RM0.31 | x |
| 2020-12-31 | RM0.75 | RM0.31 | x |
| 2021-12-31 | RM0.63 | RM0.31 | x |
| 2022-12-31 | RM0.91 | RM0.31 | x |
| 2023-12-31 | RM1.00 | RM0.31 | x |
| 2024-12-31 | RM1.14 | RM0.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Muar Ban Lee Group 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): 13.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.34%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.34x
- Recent ROE (13.60%) is above the historical average (12.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.24% | 6.63% | 1.16x | 1.59x | RM2.18 Million |
| 2017 | 9.05% | 5.12% | 1.15x | 1.54x | RM-988.56K |
| 2018 | 10.17% | 7.94% | 0.84x | 1.52x | RM203.06K |
| 2019 | 14.86% | 12.19% | 0.78x | 1.56x | RM6.77 Million |
| 2020 | 6.27% | 4.53% | 0.90x | 1.55x | RM-5.81 Million |
| 2021 | 11.79% | 5.03% | 1.02x | 2.29x | RM2.60 Million |
| 2022 | 28.92% | 15.32% | 1.13x | 1.68x | RM39.38 Million |
| 2023 | 8.58% | 6.96% | 0.79x | 1.56x | RM-3.23 Million |
| 2024 | 13.60% | 14.34% | 0.71x | 1.34x | RM9.36 Million |
Industry Comparison
This section compares Muar Ban Lee Group Bhd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $65,656,758
- Average return on equity (ROE) among peers: 24.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Muar Ban Lee Group Bhd (5152) | RM276.64 Million | 12.24% | 0.35x | $5.19 Million |
| YBS International Bhd (0025) | $55.16 Million | 4.17% | 0.60x | $6.24 Million |
| AT Systematization Bhd (0072) | $73.87 Million | -7.62% | 0.21x | $3.46 Million |
| Genetec Technology Bhd (0104) | $160.80 Million | 35.08% | 0.83x | $23.40 Million |
| Boilermech Holdings Bhd (0168) | $161.65 Million | 19.03% | 0.85x | $38.28 Million |
| HLT Global Bhd (0188) | $52.74 Million | 9.17% | 1.27x | $3.07 Million |
| Greatech Technology Bhd (0208) | $40.50 Million | 47.05% | 1.60x | $388.67 Million |
| Aimflex Bhd (0209) | $13.35 Million | 61.55% | 2.09x | $15.68 Million |
| Flexidynamic Holdings Bhd (0231) | $13.26 Million | 33.16% | 1.01x | $1.77 Million |
| ECA (0267) | $61.14 Million | 17.64% | 0.17x | $7.22 Million |
| TP TEC Holding Berhad (03061) | $24.11 Million | 27.84% | 1.93x | $658.97 |