Kimlun Corporation Bhd (5171) - Net Assets

Latest as of September 2025: RM874.47 Million MYR ≈ $219.55 Million USD

Based on the latest financial reports, Kimlun Corporation Bhd (5171) has net assets worth RM874.47 Million MYR (≈ $219.55 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 (RM2.56 Billion ≈ $643.15 Million USD) and total liabilities (RM1.69 Billion ≈ $423.60 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 how resilient are Kimlun Corporation Bhd's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore 5171 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 5171 market cap.

Year	Net Assets	Change
2024-12-31	RM786.98 Million ≈ $197.59 Million	+10.25%
2023-12-31	RM713.84 Million ≈ $179.22 Million	+0.49%
2022-12-31	RM710.40 Million ≈ $178.36 Million	-1.51%
2021-12-31	RM721.28 Million ≈ $181.09 Million	-0.64%
2020-12-31	RM725.91 Million ≈ $182.25 Million	+0.75%
2019-12-31	RM720.47 Million ≈ $180.89 Million	+8.39%
2018-12-31	RM664.72 Million ≈ $166.89 Million	+9.39%
2017-12-31	RM607.64 Million ≈ $152.56 Million	+12.68%
2016-12-31	RM539.26 Million ≈ $135.39 Million	+17.23%
2015-12-31	RM460.00 Million ≈ $115.49 Million	+14.71%
2014-12-31	RM401.00 Million ≈ $100.68 Million	+34.11%
2013-12-31	RM299.00 Million ≈ $75.07 Million	+8.73%
2012-12-31	RM275.00 Million ≈ $69.04 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
Emerging Display Technologies Corp TW:3038	$101.55 Million
Indo Rama Synthetics (India) Limited NSE:INDORAMA	$101.57 Million
Trans Power Marine Tbk JK:TPMA	$101.62 Million
Huddly AS OL:HDLY	$101.63 Million
Kyongbo Pharmaceutical Co Ltd KO:214390	$101.42 Million
Xtra-Gold Resources Corp TO:XTG	$101.41 Million
New Horizon Aircraft Ltd NASDAQ:HOVR	$101.39 Million
Alpha Astika Akinita S.A AT:ASTAK	$101.36 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: 0.48x
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 0.60x to 0.48x 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	RM1.04	x
2017-12-31	RM1.90	RM1.04	x
2018-12-31	RM2.00	RM1.04	x
2019-12-31	RM2.12	RM1.04	x
2020-12-31	RM2.05	RM1.04	x
2021-12-31	RM2.04	RM1.04	x
2022-12-31	RM2.01	RM1.04	x
2023-12-31	RM2.02	RM1.04	x
2024-12-31	RM2.15	RM1.04	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: $69,178,474
Average return on equity (ROE) among peers: -9.66%

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	$101.49 Million
Southern Score Builders Berhad (0045)	$-6.44 Million	0.00%	0.00x	$313.81 Million
Ecobuilt Holdings Bhd (0059)	$71.09 Million	-1.93%	0.04x	$3.17 Million
Mega Sun City Holdings Bhd (0081)	$50.82 Million	-3.25%	0.01x	$3.72 Million
Waja Konsortium Bhd (0102)	$40.78 Million	-60.22%	0.77x	$9.80 Million
Kelington Group Bhd (0151)	$78.47 Million	14.71%	1.93x	$1.41 Billion
Widad Group Bhd (0162)	$17.64 Million	-16.51%	0.17x	$7.84 Million
Pasukhas Group Bhd (0177)	$81.97 Million	0.74%	1.09x	$3.11 Million
HSS Engineers Bhd (0185)	$212.92 Million	-48.30%	0.77x	$54.89 Million
Cabnet Holdings Bhd (0191)	$44.67 Million	2.71%	1.17x	$11.22 Million
Inta Bina Group Bhd (0192)	$99.86 Million	15.42%	1.52x	$59.42 Million

About Kimlun Corporation Bhd

KLSE:5171 Malaysia Engineering & Construction

Market Cap

$101.49 Million

RM404.25 Million MYR

Market Cap Rank

#19241 Global

#324 in Malaysia

Share Price

RM1.04

Change (1 day)

-0.95%

52-Week Range

RM0.92 - RM1.50

All Time High

RM2.05