MCT Bhd (5182) - Net Assets
Based on the latest financial reports, MCT Bhd (5182) has net assets worth RM869.87 Million MYR (≈ $218.40 Million USD) as of March 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.42 Billion ≈ $356.63 Million USD) and total liabilities (RM550.59 Million ≈ $138.23 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 MCT Bhd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM869.87 Million |
| % of Total Assets | 61.24% |
| Annual Growth Rate | 14.26% |
| 5-Year Change | 3.39% |
| 10-Year Change | 21676.06% |
| Growth Volatility | 4452.23 |
MCT Bhd - Net Assets Trend (2012–2023)
This chart illustrates how MCT Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 5182 asset base for the complete picture of this company's asset base.
Annual Net Assets for MCT Bhd (2012–2023)
The table below shows the annual net assets of MCT Bhd from 2012 to 2023. For live valuation and market cap data, see market value of MCT Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | RM871.04 Million ≈ $218.69 Million |
+0.82% |
| 2022-06-30 | RM863.95 Million ≈ $216.91 Million |
-1.04% |
| 2021-06-30 | RM873.06 Million ≈ $219.20 Million |
-0.10% |
| 2020-06-30 | RM873.94 Million ≈ $219.42 Million |
+3.73% |
| 2019-06-30 | RM842.48 Million ≈ $211.52 Million |
+5.30% |
| 2018-06-30 | RM800.07 Million ≈ $200.87 Million |
+18.88% |
| 2017-06-30 | RM673.01 Million ≈ $168.97 Million |
-6.64% |
| 2016-06-30 | RM720.85 Million ≈ $180.98 Million |
+7.27% |
| 2015-06-30 | RM672.00 Million ≈ $168.72 Million |
+16700.00% |
| 2014-12-31 | RM4.00 Million ≈ $1.00 Million |
-97.28% |
| 2014-06-30 | RM147.00 Million ≈ $36.91 Million |
-2.00% |
| 2013-12-31 | RM150.00 Million ≈ $37.66 Million |
-29.25% |
| 2013-06-30 | RM212.00 Million ≈ $53.23 Million |
+5.47% |
| 2012-06-30 | RM201.00 Million ≈ $50.46 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to MCT 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 62.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM391.13 Million | 44.90% |
| Common Stock | RM1.54 Billion | 176.93% |
| Total Equity | RM871.04 Million | 100.00% |
MCT Bhd Competitors by Market Cap
The table below lists competitors of MCT Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deniz Gayrimenkul Yatirim Ortakligi AS
IS:DZGYO
|
$69.52 Million |
|
Estrella Immunopharma Inc.
NASDAQ:ESLA
|
$69.54 Million |
|
Surf Air Mobility Inc.
NYSE:SRFM
|
$69.55 Million |
|
JC Chemical Co. Ltd
KQ:137950
|
$69.55 Million |
|
Ferrum S.A.
BA:FERR
|
$69.49 Million |
|
Applied BioCode
TW:6598
|
$69.47 Million |
|
Tai Roun Products Co Ltd
TW:1220
|
$69.47 Million |
|
Lee Feed Mill Public Company Limited
BK:LEE
|
$69.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MCT Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 863,950,270 to 871,042,450, a change of 7,092,180 (0.8%).
- Net income of 489,230 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM489.23K | +0.06% |
| Other Changes | RM6.60 Million | +0.76% |
| Total Change | RM- | 0.82% |
Book Value vs Market Value Analysis
This analysis compares MCT 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: 0.32x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | RM0.50 | RM0.19 | x |
| 2018-06-30 | RM0.55 | RM0.19 | x |
| 2019-06-30 | RM0.58 | RM0.19 | x |
| 2020-06-30 | RM0.60 | RM0.19 | x |
| 2021-06-30 | RM0.60 | RM0.19 | x |
| 2022-06-30 | RM0.59 | RM0.19 | x |
| 2023-06-30 | RM0.60 | RM0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MCT 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): 0.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.22%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.60x
- Recent ROE (0.06%) is below the historical average (6.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 10.76% | 11.81% | 0.43x | 2.09x | RM5.43 Million |
| 2017 | 9.46% | 10.22% | 0.38x | 2.46x | RM-3.64 Million |
| 2018 | 18.57% | 21.43% | 0.44x | 1.98x | RM68.58 Million |
| 2019 | 7.08% | 18.02% | 0.19x | 2.12x | RM-24.62 Million |
| 2020 | 3.76% | 7.59% | 0.23x | 2.13x | RM-54.53 Million |
| 2021 | 1.14% | 2.15% | 0.24x | 2.22x | RM-77.36 Million |
| 2022 | -1.88% | -4.97% | 0.19x | 1.98x | RM-102.63 Million |
| 2023 | 0.06% | 0.22% | 0.16x | 1.60x | RM-86.62 Million |
Industry Comparison
This section compares MCT Bhd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $605,697,368
- Average return on equity (ROE) among peers: 5.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MCT Bhd (5182) | RM869.87 Million | 10.76% | 0.63x | $69.50 Million |
| Vinvest Capital Holdings Bhd (0069) | $536.55 Million | -12.71% | 0.29x | $4.87 Million |
| Gagasan Nadi Cergas Berhad (0206) | $306.56 Million | 24.02% | 1.53x | $66.17 Million |
| Vestland Berhad (0273) | $35.81 Million | 19.57% | 2.38x | $138.69 Million |
| Global Oriental Bhd (1147) | $461.93 Million | 8.40% | 1.09x | $10.84 Million |
| Pan Malaysia Holdings Bhd (1287) | $47.90 Million | -2.72% | 0.45x | $186.57 Million |
| GuocoLand (Malaysia) Bhd (1503) | $1.39 Billion | 4.78% | 1.04x | $181.65 Million |
| Symphony Life Bhd (1538) | $609.57 Million | 5.22% | 0.96x | $33.15 Million |
| Iskandar Waterfront City Bhd (1589) | $719.54 Million | -2.64% | 0.91x | $58.97 Million |
| Paramount Corporation Bhd (1724) | $1.13 Billion | 7.82% | 0.78x | $157.92 Million |
| Selangor Dredging Bhd (2224) | $813.78 Million | 5.29% | 0.88x | $44.93 Million |
About MCT Bhd
Avaland Berhad, an investment holding company, operates as a property development company in Malaysia. It operates through Property Development, Investment Holding, Complementary Business, and Others segments. The company develops residential and commercial properties. It is also involved in the provision of civil and mechanical engineering, maintenance, and utility services; leasing of propertie… Read more