Homeritz Corporation Bhd
Homeritz Corporation Berhad, an investment holding company, designs, manufactures, and sells upholstery furniture products in Malaysia. The company provides upholstered home furniture products, including leather and fabric-based sofas, dining chairs, and bed frames; other home furniture, such as cushion seats, sofa beds, and tables; and lifestyle furniture products under the eritz brand, as well … Read more
Homeritz Corporation Bhd (5160) - Net Assets
Latest net assets as of November 2025: RM314.13 Million MYR
Based on the latest financial reports, Homeritz Corporation Bhd (5160) has net assets worth RM314.13 Million MYR as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM339.98 Million) and total liabilities (RM25.85 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 | RM314.13 Million |
| % of Total Assets | 92.4% |
| Annual Growth Rate | 11.23% |
| 5-Year Change | 50.16% |
| 10-Year Change | 163.44% |
| Growth Volatility | 6.73 |
Homeritz Corporation Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Homeritz Corporation 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 Homeritz Corporation Bhd (2012–2025)
The table below shows the annual net assets of Homeritz Corporation Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | RM307.06 Million | -0.33% |
| 2024-08-31 | RM308.07 Million | +9.51% |
| 2023-08-31 | RM281.33 Million | +8.22% |
| 2022-08-31 | RM259.97 Million | +27.13% |
| 2021-08-31 | RM204.49 Million | +16.11% |
| 2020-08-31 | RM176.12 Million | +13.23% |
| 2019-08-31 | RM155.54 Million | +8.08% |
| 2018-08-31 | RM143.91 Million | +8.66% |
| 2017-08-31 | RM132.44 Million | +13.63% |
| 2016-08-31 | RM116.56 Million | +14.27% |
| 2015-08-31 | RM102.00 Million | +0.99% |
| 2014-08-31 | RM101.00 Million | +16.09% |
| 2013-08-31 | RM87.00 Million | +12.99% |
| 2012-08-31 | RM77.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Homeritz Corporation 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 404.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM211.68 Million | 68.94% |
| Common Stock | RM98.02 Million | 31.92% |
| Total Equity | RM307.06 Million | 100.00% |
Homeritz Corporation Bhd Competitors by Market Cap
The table below lists competitors of Homeritz Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
We Buy Cars Hlds Ltd
JSE:WBC
|
$9.76 Million |
|
Massimo Group Common Stock
NASDAQ:MAMO
|
$9.76 Million |
|
Ikonisys SA
PA:ALIKO
|
$9.76 Million |
|
23Andme Holding Co
NASDAQ:ME
|
$9.76 Million |
|
Jioushun Construction Co., Ltd.
TWO:5547
|
$9.75 Million |
|
Yorbeau Resources Inc
PINK:YRBAF
|
$9.75 Million |
|
DOMIKI KRITIS EO 048
F:F9P
|
$9.75 Million |
|
Centrale d'Achat Française pour l'Outre-Mer Société Anonyme
PA:CAFO
|
$9.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Homeritz Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 308,072,000 to 307,063,920, a change of -1,008,080 (-0.3%).
- Net income of 27,527,160 contributed positively to equity growth.
- Dividend payments of 25,898,630 reduced retained earnings.
- Share repurchases of 2,636,180 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM27.53 Million | +8.96% |
| Dividends Paid | RM25.90 Million | -8.43% |
| Share Repurchases | RM2.64 Million | -0.86% |
| Other Changes | RM-430.00 | -0.0% |
| Total Change | RM- | -0.33% |
Book Value vs Market Value Analysis
This analysis compares Homeritz Corporation 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: 0.60x
- 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 1.29x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-08-31 | RM0.31 | RM0.40 | x |
| 2017-08-31 | RM0.35 | RM0.40 | x |
| 2018-08-31 | RM0.38 | RM0.40 | x |
| 2019-08-31 | RM0.41 | RM0.40 | x |
| 2020-08-31 | RM0.47 | RM0.40 | x |
| 2021-08-31 | RM0.50 | RM0.40 | x |
| 2022-08-31 | RM0.56 | RM0.40 | x |
| 2023-08-31 | RM0.61 | RM0.40 | x |
| 2024-08-31 | RM0.67 | RM0.40 | x |
| 2025-08-31 | RM0.67 | RM0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Homeritz Corporation 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): 8.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.23%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.09x
- Recent ROE (8.96%) is below the historical average (15.37%), 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 | 23.52% | 16.00% | 1.22x | 1.21x | RM13.80 Million |
| 2016 | 24.04% | 17.79% | 1.17x | 1.15x | RM16.37 Million |
| 2017 | 23.32% | 18.28% | 1.12x | 1.14x | RM17.64 Million |
| 2018 | 14.64% | 12.66% | 1.03x | 1.13x | RM6.68 Million |
| 2019 | 14.22% | 14.98% | 0.84x | 1.13x | RM6.57 Million |
| 2020 | 13.39% | 15.17% | 0.78x | 1.14x | RM5.96 Million |
| 2021 | 10.92% | 13.54% | 0.71x | 1.14x | RM1.88 Million |
| 2022 | 15.77% | 16.85% | 0.86x | 1.09x | RM14.99 Million |
| 2023 | 9.24% | 15.98% | 0.53x | 1.08x | RM-2.14 Million |
| 2024 | 11.09% | 14.87% | 0.67x | 1.11x | RM3.34 Million |
| 2025 | 8.96% | 12.23% | 0.67x | 1.09x | RM-3.18 Million |
Industry Comparison
This section compares Homeritz Corporation Bhd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $263,483,208
- Average return on equity (ROE) among peers: 16.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Homeritz Corporation Bhd (5160) | RM314.13 Million | 23.52% | 0.08x | $9.76 Million |
| Wegmans Holdings Berhad (0197) | $72.96 Million | 17.10% | 0.67x | $1.67 Million |
| Spring Art Holdings Bhd (0216) | $93.77 Million | 9.85% | 0.25x | $2.92 Million |
| Mobilia Holdings Bhd (0229) | $32.23 Million | 26.85% | 1.30x | $2.54 Million |
| Synergy House Berhad (0279) | $34.35 Million | 41.88% | 2.25x | $4.11 Million |
| Topmix Berhad (0302) | $21.57 Million | 20.48% | 1.42x | $8.71 Million |
| Sorento Capital Berhad (0326) | $143.13 Million | 18.33% | 0.37x | $1.42K |
| FACB Industries Incorporated (2984) | $217.85 Million | 0.55% | 0.10x | $7.48 Million |
| Panasonic Manufacture Malaysia (3719) | $718.00 Million | 13.93% | 0.26x | $43.73 Million |
| Evergreen Fibreboard Bhd (5101) | $1.04 Billion | 3.31% | 0.37x | $10.40 Million |