Kimlun Corporation Bhd
Kimlun Corporation Berhad, an investment holding company, provides engineering and construction services in Malaysia and Singapore. It operates through four segments: Construction; Manufacturing, Trading, and Quarry Services; Investment Holding; and Property Development. The company offers building construction services, including the construction of shop houses, low and high-rise residential bui… Read more
Kimlun Corporation Bhd (5171) - Net Assets
Latest net assets as of September 2025: RM874.47 Million MYR
Based on the latest financial reports, Kimlun Corporation Bhd (5171) has net assets worth RM874.47 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 (RM2.56 Billion) and total liabilities (RM1.69 Billion). 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 | RM874.47 Million |
| % of Total Assets | 34.14% |
| Annual Growth Rate | 9.16% |
| 5-Year Change | 8.41% |
| 10-Year Change | 71.08% |
| Growth Volatility | 9.52 |
Kimlun Corporation Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Kimlun 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 Kimlun Corporation Bhd (2012–2024)
The table below shows the annual net assets of Kimlun Corporation Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM786.98 Million | +10.25% |
| 2023-12-31 | RM713.84 Million | +0.49% |
| 2022-12-31 | RM710.40 Million | -1.51% |
| 2021-12-31 | RM721.28 Million | -0.64% |
| 2020-12-31 | RM725.91 Million | +0.75% |
| 2019-12-31 | RM720.47 Million | +8.39% |
| 2018-12-31 | RM664.72 Million | +9.39% |
| 2017-12-31 | RM607.64 Million | +12.68% |
| 2016-12-31 | RM539.26 Million | +17.23% |
| 2015-12-31 | RM460.00 Million | +14.71% |
| 2014-12-31 | RM401.00 Million | +34.11% |
| 2013-12-31 | RM299.00 Million | +8.73% |
| 2012-12-31 | RM275.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kimlun 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 98.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM471.23 Million | 61.95% |
| Common Stock | RM255.95 Million | 33.65% |
| Other Components | RM33.49 Million | 4.40% |
| Total Equity | RM760.67 Million | 100.00% |
Kimlun Corporation Bhd Competitors by Market Cap
The table below lists competitors of Kimlun Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Winsome Resources Limited
OTCQB:WRSLF
|
$32.53 Million |
|
Holland Colours NV
AS:HOLCO
|
$32.53 Million |
|
Sat Industries Limited
NSE:SATINDLTD
|
$32.53 Million |
|
Seoul Food
KO:004410
|
$32.54 Million |
|
Technology & Telecommunication
NASDAQ:TETE
|
$32.52 Million |
|
Element 25 Limited
PINK:ELMTF
|
$32.51 Million |
|
Beaver Coal Co Ltd
PINK:BVERS
|
$32.49 Million |
|
Victoria Care Indonesia Tbk Pt
JK:VICI
|
$32.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kimlun Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 713,842,710 to 760,671,000, a change of 46,828,290 (6.6%).
- Net income of 51,244,450 contributed positively to equity growth.
- Dividend payments of 3,533,630 reduced retained earnings.
- Share repurchases of 6,720 reduced equity.
- New share issuances of 6,720 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM51.24 Million | +6.74% |
| Dividends Paid | RM3.53 Million | -0.46% |
| Share Repurchases | RM6.72K | -0.0% |
| Share Issuances | RM6.72K | +0.0% |
| Other Changes | RM-882.53K | -0.12% |
| Total Change | RM- | 6.56% |
Book Value vs Market Value Analysis
This analysis compares Kimlun 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: 0.52x
- 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 0.64x to 0.52x 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 | RM1.74 | RM1.11 | x |
| 2017-12-31 | RM1.90 | RM1.11 | x |
| 2018-12-31 | RM2.00 | RM1.11 | x |
| 2019-12-31 | RM2.12 | RM1.11 | x |
| 2020-12-31 | RM2.05 | RM1.11 | x |
| 2021-12-31 | RM2.04 | RM1.11 | x |
| 2022-12-31 | RM2.01 | RM1.11 | x |
| 2023-12-31 | RM2.02 | RM1.11 | x |
| 2024-12-31 | RM2.15 | RM1.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kimlun 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): 6.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.24%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.73x
- Recent ROE (6.74%) is above the historical average (6.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 15.44% | 6.74% | 1.08x | 2.12x | RM25.03 Million |
| 2016 | 15.19% | 8.71% | 0.95x | 1.83x | RM27.99 Million |
| 2017 | 11.27% | 6.95% | 0.86x | 1.89x | RM7.72 Million |
| 2018 | 9.20% | 6.04% | 0.72x | 2.10x | RM-5.33 Million |
| 2019 | 8.10% | 4.48% | 0.84x | 2.15x | RM-13.66 Million |
| 2020 | 1.10% | 1.00% | 0.54x | 2.03x | RM-64.61 Million |
| 2021 | -0.08% | -0.09% | 0.52x | 1.84x | RM-72.72 Million |
| 2022 | -1.02% | -0.96% | 0.58x | 1.83x | RM-78.27 Million |
| 2023 | 0.99% | 0.83% | 0.56x | 2.14x | RM-64.33 Million |
| 2024 | 6.74% | 4.24% | 0.58x | 2.73x | RM-24.82 Million |
Industry Comparison
This section compares Kimlun Corporation Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kimlun Corporation Bhd (5171) | RM874.47 Million | 15.44% | 1.93x | $32.53 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |