Minda Global Bhd (5166) - Net Assets
Based on the latest financial reports, Minda Global Bhd (5166) has net assets worth RM283.36 Million MYR (≈ $71.14 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM544.86 Million ≈ $136.80 Million USD) and total liabilities (RM261.50 Million ≈ $65.66 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 Minda Global Bhd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM283.36 Million |
| % of Total Assets | 52.01% |
| Annual Growth Rate | -3.51% |
| 5-Year Change | 41.47% |
| 10-Year Change | 90.78% |
| Growth Volatility | 37.42 |
Minda Global Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Minda Global Bhd's net assets have evolved over time, based on quarterly financial data. See Minda Global Bhd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Minda Global Bhd (2012–2024)
The table below shows the annual net assets of Minda Global Bhd from 2012 to 2024. For live valuation and market cap data, see Minda Global Bhd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM274.72 Million ≈ $68.97 Million |
+6.60% |
| 2023-12-31 | RM257.72 Million ≈ $64.70 Million |
+10.06% |
| 2022-12-31 | RM234.17 Million ≈ $58.79 Million |
+15.57% |
| 2021-12-31 | RM202.62 Million ≈ $50.87 Million |
+4.34% |
| 2020-12-31 | RM194.20 Million ≈ $48.76 Million |
+0.34% |
| 2019-12-31 | RM193.54 Million ≈ $48.59 Million |
-16.33% |
| 2018-12-31 | RM231.32 Million ≈ $58.08 Million |
-5.96% |
| 2017-12-31 | RM245.99 Million ≈ $61.76 Million |
+113.52% |
| 2016-12-31 | RM115.21 Million ≈ $28.92 Million |
-20.00% |
| 2015-12-31 | RM144.00 Million ≈ $36.15 Million |
-29.41% |
| 2014-12-31 | RM204.00 Million ≈ $51.22 Million |
-19.69% |
| 2013-12-31 | RM254.00 Million ≈ $63.77 Million |
-39.81% |
| 2012-12-31 | RM422.00 Million ≈ $105.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Minda Global 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 decreased by 6000400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM433.13 Million | 157.83% |
| Total Equity | RM274.42 Million | 100.00% |
Minda Global Bhd Competitors by Market Cap
The table below lists competitors of Minda Global Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pengana Capital Group Ltd
AU:PCG
|
$59.66 Million |
|
ImageneBio, Inc.
NASDAQ:IMA
|
$59.67 Million |
|
Kuangli Photoelectric Technology Co Ltd
TW:6431
|
$59.68 Million |
|
Home Federal Bancorp Louisiana
NASDAQ:HFBL
|
$59.70 Million |
|
Nimbus Group AB
ST:BOAT
|
$59.64 Million |
|
Harmoney Corp Ltd
AU:HMY
|
$59.64 Million |
|
TGS Dis Ticaret AS
IS:TGSAS
|
$59.63 Million |
|
Ebusco Holding BV
AS:EBUS
|
$59.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minda Global Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 257,414,000 to 274,420,000, a change of 17,006,000 (6.6%).
- Net income of 14,990,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM14.99 Million | +5.46% |
| Other Changes | RM2.02 Million | +0.73% |
| Total Change | RM- | 6.61% |
Book Value vs Market Value Analysis
This analysis compares Minda Global 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: 0.86x
- 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 4.50x to 0.86x 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 | RM0.31 | RM1.38 | x |
| 2017-12-31 | RM0.20 | RM1.38 | x |
| 2018-12-31 | RM0.19 | RM1.38 | x |
| 2019-12-31 | RM0.16 | RM1.38 | x |
| 2020-12-31 | RM0.16 | RM1.38 | x |
| 2021-12-31 | RM0.15 | RM1.38 | x |
| 2022-12-31 | RM0.14 | RM1.38 | x |
| 2023-12-31 | RM1.53 | RM1.38 | x |
| 2024-12-31 | RM1.61 | RM1.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minda Global 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): 5.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.61%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.92x
- Recent ROE (5.46%) is above the historical average (-6.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -24.90% | -126.82% | 0.17x | 1.16x | RM-40.21 Million |
| 2017 | -11.67% | -145.12% | 0.07x | 1.19x | RM-53.30 Million |
| 2018 | -6.89% | -17.53% | 0.28x | 1.41x | RM-39.07 Million |
| 2019 | -19.52% | -38.75% | 0.20x | 2.46x | RM-57.14 Million |
| 2020 | -5.26% | -11.39% | 0.21x | 2.25x | RM-29.63 Million |
| 2021 | 1.73% | 3.25% | 0.24x | 2.21x | RM-16.76 Million |
| 2022 | 2.80% | 5.41% | 0.26x | 1.96x | RM-16.87 Million |
| 2023 | 3.96% | 6.27% | 0.31x | 2.02x | RM-15.55 Million |
| 2024 | 5.46% | 8.61% | 0.33x | 1.92x | RM-12.45 Million |
Industry Comparison
This section compares Minda Global Bhd's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $97,340,645
- Average return on equity (ROE) among peers: 5.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minda Global Bhd (5166) | RM283.36 Million | -24.90% | 0.92x | $59.65 Million |
| Eduspec Holdings Bhd (0107) | $114.69 Million | -10.57% | 0.87x | $28.51 Million |
| SMRT Holdings Bhd (0117) | $41.60 Million | -40.07% | 0.48x | $22.86 Million |
| Awanbiru Technology Bhd (5204) | $12.08 Million | 61.89% | 0.56x | $49.48 Million |
| SEG International Bhd (9792) | $221.00 Million | 10.41% | 0.70x | $199.40 Million |
About Minda Global Bhd
Cyberjaya Education Group Berhad, an investment holding company, provides educational and training services in Malaysia. The company owns and operates a portfolio of learning institutions, such as the University of Cyberjaya, Cyberjaya College Kota Kinabalu, Cyberjaya College Kuching, Asia Metropolitan University Cyberjaya College Central, and Oxbridge Language Centre. It also provides human reso… Read more