Focus Lumber Bhd
Focus Lumber Berhad, an investment holding company, engages in the manufacture and sale of plywood, veneer, and laminated veneer lumber products in Australia, Canada, China, Hong Kong, Korea, Malaysia, Japan, Taiwan, Thailand, the United Kingdom, and the United States. It operates in two segments, Manufacturing and Electricity. The company is also involved in the business of generation and sale o… Read more
Focus Lumber Bhd (5197) - Net Assets
Latest net assets as of September 2025: RM138.57 Million MYR
Based on the latest financial reports, Focus Lumber Bhd (5197) has net assets worth RM138.57 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 (RM147.56 Million) and total liabilities (RM8.99 Million). 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 | RM138.57 Million |
| % of Total Assets | 93.91% |
| Annual Growth Rate | 2.23% |
| 5-Year Change | -4.51% |
| 10-Year Change | 2.79% |
| Growth Volatility | 8.59 |
Focus Lumber Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Focus Lumber 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 Focus Lumber Bhd (2012–2024)
The table below shows the annual net assets of Focus Lumber Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM151.10 Million | -13.02% |
| 2023-12-31 | RM173.71 Million | -8.84% |
| 2022-12-31 | RM190.55 Million | +12.68% |
| 2021-12-31 | RM169.11 Million | +6.87% |
| 2020-12-31 | RM158.24 Million | -8.01% |
| 2019-12-31 | RM172.02 Million | -5.90% |
| 2018-12-31 | RM182.81 Million | +6.60% |
| 2017-12-31 | RM171.49 Million | +7.33% |
| 2016-12-31 | RM159.77 Million | +8.69% |
| 2015-12-31 | RM147.00 Million | +13.08% |
| 2014-12-31 | RM130.00 Million | +5.69% |
| 2013-12-31 | RM123.00 Million | +6.03% |
| 2012-12-31 | RM116.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Focus Lumber 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 30.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM65.84 Million | 43.57% |
| Common Stock | RM92.65 Million | 61.32% |
| Total Equity | RM151.10 Million | 100.00% |
Focus Lumber Bhd Competitors by Market Cap
The table below lists competitors of Focus Lumber Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Odd Burger Corporation
OTCQB:ODDAF
|
$4.46 Million |
|
Aeries Technology Inc.
NASDAQ:AERT
|
$4.46 Million |
|
Aston Minerals Ltd
PINK:WMNNF
|
$4.47 Million |
|
Tomypak Holdings Bhd
KLSE:7285
|
$4.47 Million |
|
CMO Public Company Limited
BK:CMO
|
$4.46 Million |
|
Elve S.A
AT:ELBE
|
$4.46 Million |
|
Kandal M Venture Limited Class A Ordinary Shares
NASDAQ:FMFC
|
$4.46 Million |
|
Bawat Water Technologies AB
ST:BAWAT
|
$4.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Focus Lumber Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 173,714,620 to 151,103,900, a change of -22,610,720 (-13.0%).
- Net loss of 18,242,090 reduced equity.
- Dividend payments of 4,368,630 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-18.24 Million | -12.07% |
| Dividends Paid | RM4.37 Million | -2.89% |
| Total Change | RM- | -13.02% |
Book Value vs Market Value Analysis
This analysis compares Focus Lumber 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: 0.35x
- 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 |
|---|---|---|---|
| 2016-12-31 | RM0.73 | RM0.24 | x |
| 2017-12-31 | RM0.78 | RM0.24 | x |
| 2018-12-31 | RM0.84 | RM0.24 | x |
| 2019-12-31 | RM0.79 | RM0.24 | x |
| 2020-12-31 | RM0.75 | RM0.24 | x |
| 2021-12-31 | RM0.81 | RM0.24 | x |
| 2022-12-31 | RM0.88 | RM0.24 | x |
| 2023-12-31 | RM0.80 | RM0.24 | x |
| 2024-12-31 | RM0.69 | RM0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Focus Lumber 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): -12.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.27%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.04x
- Recent ROE (-12.07%) is below the historical average (5.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 21.80% | 17.68% | 1.14x | 1.08x | RM17.32 Million |
| 2016 | 12.01% | 9.52% | 1.09x | 1.16x | RM3.20 Million |
| 2017 | 6.83% | 6.65% | 0.95x | 1.08x | RM-5.43 Million |
| 2018 | 15.54% | 13.97% | 1.03x | 1.08x | RM10.13 Million |
| 2019 | -4.06% | -4.90% | 0.79x | 1.05x | RM-24.18 Million |
| 2020 | -5.71% | -10.30% | 0.53x | 1.05x | RM-24.86 Million |
| 2021 | 9.11% | 11.50% | 0.73x | 1.08x | RM-1.51 Million |
| 2022 | 14.52% | 20.52% | 0.68x | 1.04x | RM8.61 Million |
| 2023 | -4.54% | -13.11% | 0.34x | 1.03x | RM-25.26 Million |
| 2024 | -12.07% | -20.27% | 0.57x | 1.04x | RM-33.35 Million |
Industry Comparison
This section compares Focus Lumber Bhd's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $262,531,850
- Average return on equity (ROE) among peers: -7.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Focus Lumber Bhd (5197) | RM138.57 Million | 21.80% | 0.06x | $4.46 Million |
| Kanger International Bhd (0170) | $299.84 Million | -50.54% | 0.06x | $5.15 Million |
| Mieco Chipboard Bhd (5001) | $402.71 Million | 11.91% | 0.49x | $31.77 Million |
| NWP Holdings Bhd (5025) | $50.00 Million | -6.00% | 0.12x | $2.92 Million |
| Annum Bhd (5082) | $47.16 Million | -23.54% | 0.45x | $98.68K |
| HeveaBoard Bhd (5095) | $425.80 Million | 2.19% | 0.19x | $8.39 Million |
| Minho M Bhd (5576) | $374.87 Million | 0.83% | 0.32x | $7.94 Million |
| Golden Pharos Bhd (5649) | $68.39 Million | -9.79% | 0.48x | $1.66 Million |
| Subur Tiasa Holdings Bhd (6904) | $655.00 Million | 5.19% | 0.44x | $4.88 Million |
| Woodlandor Holdings Bhd (7025) | $39.00 Million | 0.00% | 0.51x | $924.70K |