CapitaLand Malaysia Mall Trust (5180) - Net Assets

Latest as of December 2025: RM3.18 Billion MYR ≈ $799.62 Million USD

Based on the latest financial reports, CapitaLand Malaysia Mall Trust (5180) has net assets worth RM3.18 Billion MYR (≈ $799.62 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM5.62 Billion ≈ $1.41 Billion USD) and total liabilities (RM2.44 Billion ≈ $611.58 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. Also explore 5180 total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM3.18 Billion
% of Total Assets	56.66%
Annual Growth Rate	5.46%
5-Year Change	33.19%
10-Year Change	18.59%
Growth Volatility	10.11

CapitaLand Malaysia Mall Trust - Net Assets Trend (2010–2025)

This chart illustrates how CapitaLand Malaysia Mall Trust's net assets have evolved over time, based on quarterly financial data. Check CapitaLand Malaysia Mall Trust (5180) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Net Assets for CapitaLand Malaysia Mall Trust (2010–2025)

The table below shows the annual net assets of CapitaLand Malaysia Mall Trust from 2010 to 2025. For live valuation and market cap data, see CapitaLand Malaysia Mall Trust stock valuation.

Year	Net Assets	Change
2025-12-31	RM3.18 Billion ≈ $799.62 Million	+10.48%
2024-12-31	RM2.88 Billion ≈ $723.79 Million	+4.94%
2023-12-31	RM2.75 Billion ≈ $689.73 Million	+13.61%
2022-12-31	RM2.42 Billion ≈ $607.10 Million	+1.12%
2021-12-31	RM2.39 Billion ≈ $600.38 Million	-2.15%
2020-12-31	RM2.44 Billion ≈ $613.59 Million	-6.07%
2019-12-31	RM2.60 Billion ≈ $653.26 Million	-2.42%
2018-12-31	RM2.67 Billion ≈ $669.49 Million	-0.77%
2017-12-31	RM2.69 Billion ≈ $674.67 Million	+0.06%
2016-12-31	RM2.69 Billion ≈ $674.26 Million	+0.40%
2015-12-31	RM2.67 Billion ≈ $671.55 Million	+16.93%
2014-12-31	RM2.29 Billion ≈ $574.31 Million	+3.85%
2013-12-31	RM2.20 Billion ≈ $553.00 Million	+4.06%
2012-12-31	RM2.12 Billion ≈ $531.41 Million	+8.44%
2011-12-31	RM1.95 Billion ≈ $490.04 Million	+36.02%
2010-12-31	RM1.43 Billion ≈ $360.27 Million	--

Equity Component Analysis

This analysis shows how different components contribute to CapitaLand Malaysia Mall Trust'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 176.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM302.11 Million	9.49%
Common Stock	RM2.88 Billion	90.51%
Total Equity	RM3.18 Billion	100.00%

CapitaLand Malaysia Mall Trust Competitors by Market Cap

The table below lists competitors of CapitaLand Malaysia Mall Trust ranked by their market capitalization.

Company	Market Cap
Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd SHE:300537	$515.43 Million
Guangdong Brandmax Marketing Co Ltd SHE:300805	$515.51 Million
4D Molecular Therapeutics Inc NASDAQ:FDMT	$515.62 Million
SNT Dynamics Co Ltd KO:003570	$515.65 Million
Lungteh Shipbldg Co Ltd TW:6753	$515.33 Million
Yoantion Industrial Inc.Ltd. SHE:301053	$515.28 Million
Pepper Money Ltd AU:PPM	$514.92 Million
Martinrea International Inc. TO:MRE	$514.37 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CapitaLand Malaysia Mall Trust's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,882,856,000 to 3,184,905,000, a change of 302,049,000 (10.5%).
Net income of 181,655,000 contributed positively to equity growth.
Dividend payments of 131,073,000 reduced retained earnings.
Share repurchases of 250,000,000 reduced equity.
New share issuances of 250,000,000 increased equity.
Other factors increased equity by 251,467,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM181.66 Million	+5.7%
Dividends Paid	RM131.07 Million	-4.12%
Share Repurchases	RM250.00 Million	-7.85%
Share Issuances	RM250.00 Million	+7.85%
Other Changes	RM251.47 Million	+7.9%
Total Change	RM-	10.48%

Book Value vs Market Value Analysis

This analysis compares CapitaLand Malaysia Mall Trust'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: 0.61x
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 increased from 0.47x to 0.61x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-12-31	RM1.30	RM0.61	x
2012-12-31	RM1.20	RM0.61	x
2013-12-31	RM1.24	RM0.61	x
2014-12-31	RM1.29	RM0.61	x
2015-12-31	RM1.41	RM0.61	x
2016-12-31	RM1.32	RM0.61	x
2017-12-31	RM1.32	RM0.61	x
2018-12-31	RM1.31	RM0.61	x
2019-12-31	RM1.27	RM0.61	x
2020-12-31	RM1.19	RM0.61	x
2021-12-31	RM1.14	RM0.61	x
2022-12-31	RM1.12	RM0.61	x
2023-12-31	RM1.05	RM0.61	x
2024-12-31	RM1.02	RM0.61	x
2025-12-31	RM1.01	RM0.61	x

Capital Efficiency Dashboard

This dashboard shows how efficiently CapitaLand Malaysia Mall Trust 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): 5.70%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 37.87%
• Asset Turnover: 0.09x
• Equity Multiplier: 1.76x
Recent ROE (5.70%) is below the historical average (5.73%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	9.21%	77.88%	0.08x	1.49x	RM-15.37 Million
2012	11.83%	86.60%	0.09x	1.47x	RM38.81 Million
2013	10.43%	75.27%	0.09x	1.47x	RM9.40 Million
2014	10.33%	74.94%	0.09x	1.49x	RM7.61 Million
2015	8.45%	65.55%	0.08x	1.53x	RM-41.46 Million
2016	6.25%	45.02%	0.09x	1.54x	RM-100.80 Million
2017	6.03%	43.94%	0.09x	1.55x	RM-106.62 Million
2018	5.09%	38.73%	0.08x	1.55x	RM-131.03 Million
2019	2.79%	21.21%	0.08x	1.59x	RM-187.59 Million
2020	-3.46%	-32.33%	0.07x	1.64x	RM-328.90 Million
2021	-1.27%	-13.56%	0.06x	1.64x	RM-269.52 Million
2022	2.09%	18.28%	0.07x	1.66x	RM-191.39 Million
2023	5.96%	41.11%	0.08x	1.86x	RM-111.06 Million
2024	6.49%	41.15%	0.09x	1.83x	RM-101.13 Million
2025	5.70%	37.87%	0.09x	1.76x	RM-136.84 Million

Industry Comparison

This section compares CapitaLand Malaysia Mall Trust's net assets metrics with peer companies in the REIT - Retail industry.

Industry Context

Industry: REIT - Retail
Average net assets among peers: $2,894,361,400
Average return on equity (ROE) among peers: 6.76%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
CapitaLand Malaysia Mall Trust (5180)	RM3.18 Billion	9.21%	0.76x	$515.37 Million
Hektar Real Estate Investment Trust (5121)	$622.00 Million	8.04%	0.78x	$80.14 Million
Sunway Real Estate Investment Trust (5176)	$5.47 Billion	3.58%	0.67x	$1.93 Billion
Pavilion Real Estate Inv Trust (5212)	$3.94 Billion	6.33%	0.43x	$1.70 Billion
IGB Real Estate Investment Trust (5227)	$3.77 Billion	8.86%	0.38x	$2.98 Billion
KIP Real Estate Investment Trust (5280)	$677.63 Million	6.98%	0.68x	$202.17 Million

About CapitaLand Malaysia Mall Trust

KLSE:5180 Malaysia REIT - Retail

Market Cap

$515.37 Million

RM2.05 Billion MYR

Market Cap Rank

#11841 Global

#126 in Malaysia

Share Price

RM0.61

Change (1 day)

+0.00%

52-Week Range

RM0.59 - RM0.70

All Time High

RM1.35