MSM Malaysia Holdings Bhd (5202) - Net Assets
Based on the latest financial reports, MSM Malaysia Holdings Bhd (5202) has net assets worth RM1.47 Billion MYR (≈ $368.00 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 (RM2.78 Billion ≈ $696.82 Million USD) and total liabilities (RM1.31 Billion ≈ $328.82 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 MSM Malaysia Holdings Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM1.47 Billion |
| % of Total Assets | 52.81% |
| Annual Growth Rate | -1.29% |
| 5-Year Change | -5.39% |
| 10-Year Change | -26.54% |
| Growth Volatility | 6.89 |
MSM Malaysia Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how MSM Malaysia Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of MSM Malaysia Holdings Bhd for the complete picture of this company's asset base.
Annual Net Assets for MSM Malaysia Holdings Bhd (2012–2024)
The table below shows the annual net assets of MSM Malaysia Holdings Bhd from 2012 to 2024. For live valuation and market cap data, see MSM Malaysia Holdings Bhd (5202) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM1.50 Billion ≈ $375.69 Million |
+2.14% |
| 2023-12-31 | RM1.47 Billion ≈ $367.83 Million |
-3.28% |
| 2022-12-31 | RM1.51 Billion ≈ $380.30 Million |
-11.55% |
| 2021-12-31 | RM1.71 Billion ≈ $429.97 Million |
+8.29% |
| 2020-12-31 | RM1.58 Billion ≈ $397.07 Million |
-4.59% |
| 2019-12-31 | RM1.66 Billion ≈ $416.15 Million |
-15.56% |
| 2018-12-31 | RM1.96 Billion ≈ $492.84 Million |
+1.90% |
| 2017-12-31 | RM1.93 Billion ≈ $483.65 Million |
-3.04% |
| 2016-12-31 | RM1.99 Billion ≈ $498.82 Million |
-2.46% |
| 2015-12-31 | RM2.04 Billion ≈ $511.42 Million |
+4.78% |
| 2014-12-31 | RM1.94 Billion ≈ $488.07 Million |
+4.74% |
| 2013-12-31 | RM1.86 Billion ≈ $465.98 Million |
+6.12% |
| 2012-12-31 | RM1.75 Billion ≈ $439.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MSM Malaysia Holdings 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 86.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM83.80 Million | 5.60% |
| Common Stock | RM718.25 Million | 48.00% |
| Other Components | RM694.31 Million | 46.40% |
| Total Equity | RM1.50 Billion | 100.00% |
MSM Malaysia Holdings Bhd Competitors by Market Cap
The table below lists competitors of MSM Malaysia Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OM Holdings Ltd
KLSE:5298
|
$150.06 Million |
|
American Eagle Gold Corp
V:AE
|
$150.07 Million |
|
AJ Networks Co Ltd
KO:095570
|
$150.12 Million |
|
Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS
IS:GOLTS
|
$150.17 Million |
|
Hung -Gu Oil Ltd
KQ:024060
|
$149.98 Million |
|
Grand Canal Land Public Company Limited
BK:GLAND
|
$149.92 Million |
|
Digital Daesung Co. Ltd
KQ:068930
|
$149.88 Million |
|
Stomil Sanok SA
WAR:SNK
|
$149.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MSM Malaysia Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,465,076,000 to 1,496,358,000, a change of 31,282,000 (2.1%).
- Net income of 31,254,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM31.25 Million | +2.09% |
| Other Changes | RM28.00K | +0.0% |
| Total Change | RM- | 2.14% |
Book Value vs Market Value Analysis
This analysis compares MSM Malaysia Holdings 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: 0.40x
- 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 | RM2.83 | RM0.85 | x |
| 2017-12-31 | RM2.74 | RM0.85 | x |
| 2018-12-31 | RM2.79 | RM0.85 | x |
| 2019-12-31 | RM2.36 | RM0.85 | x |
| 2020-12-31 | RM2.25 | RM0.85 | x |
| 2021-12-31 | RM2.44 | RM0.85 | x |
| 2022-12-31 | RM2.15 | RM0.85 | x |
| 2023-12-31 | RM2.08 | RM0.85 | x |
| 2024-12-31 | RM2.13 | RM0.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MSM Malaysia Holdings 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): 2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.88%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 2.13x
- Recent ROE (2.09%) is above the historical average (-0.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 13.50% | 11.92% | 0.85x | 1.34x | RM71.30 Million |
| 2016 | 6.08% | 4.54% | 0.82x | 1.62x | RM-77.96 Million |
| 2017 | -1.89% | -1.38% | 0.78x | 1.77x | RM-228.98 Million |
| 2018 | 1.82% | 1.61% | 0.61x | 1.86x | RM-160.64 Million |
| 2019 | -18.09% | -14.94% | 0.67x | 1.80x | RM-465.52 Million |
| 2020 | -4.50% | -3.26% | 0.79x | 1.75x | RM-229.38 Million |
| 2021 | 7.32% | 5.55% | 0.79x | 1.68x | RM-45.90 Million |
| 2022 | -11.80% | -6.96% | 0.91x | 1.86x | RM-330.19 Million |
| 2023 | -3.40% | -1.61% | 1.07x | 1.97x | RM-196.39 Million |
| 2024 | 2.09% | 0.88% | 1.11x | 2.13x | RM-118.38 Million |
Industry Comparison
This section compares MSM Malaysia Holdings Bhd's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $511,147,959
- Average return on equity (ROE) among peers: 6.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MSM Malaysia Holdings Bhd (5202) | RM1.47 Billion | 13.50% | 0.89x | $150.02 Million |
| Pan Malaysia Corporation Bhd (4081) | $296.90 Million | -1.08% | 0.05x | $12.83 Million |
| Guan Chong Bhd (5102) | $1.75 Billion | 5.76% | 2.14x | $571.09 Million |
| Khee San Bhd (6203) | $96.00 Million | 4.17% | 0.75x | $39.34 Million |
| Apollo Food Holdings Bhd (6432) | $236.63 Million | 7.33% | 0.10x | $121.11 Million |
| Oriental Food Industries Hold (7107) | $173.44 Million | 14.68% | 0.30x | $71.70 Million |
About MSM Malaysia Holdings Bhd
MSM Malaysia Holdings Berhad, a refined sugar producer, produces, refines, markets, and sells refined sugar products in Malaysia. It provides coarse grain, caster, fine granulated, soft brown, icing, cube, and quality cup pack sugar products. The company also offers sugar premix, fine grain sugar, liquid sugar, molasses, fine syrup, and sucralose and stevia mix. It sells its products through trad… Read more