Gas Malaysia Bhd (5209) - Net Assets

Latest as of September 2025: RM1.47 Billion MYR ≈ $369.63 Million USD

Based on the latest financial reports, Gas Malaysia Bhd (5209) has net assets worth RM1.47 Billion MYR (≈ $369.63 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 (RM3.61 Billion ≈ $905.20 Million USD) and total liabilities (RM2.13 Billion ≈ $535.58 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. Check 5209 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets RM1.47 Billion
% of Total Assets 40.83%
Annual Growth Rate 3.4%
5-Year Change 39.45%
10-Year Change 54.96%
Growth Volatility 4.62

Gas Malaysia Bhd - Net Assets Trend (2012–2024)

This chart illustrates how Gas Malaysia Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Gas Malaysia Bhd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Gas Malaysia Bhd (2012–2024)

The table below shows the annual net assets of Gas Malaysia Bhd from 2012 to 2024. For live valuation and market cap data, see how much is Gas Malaysia Bhd worth.

Year Net Assets Change
2024-12-31 RM1.51 Billion
≈ $378.15 Million		 +10.11%
2023-12-31 RM1.37 Billion
≈ $343.43 Million		 +7.00%
2022-12-31 RM1.28 Billion
≈ $320.95 Million		 +13.12%
2021-12-31 RM1.13 Billion
≈ $283.72 Million		 +4.62%
2020-12-31 RM1.08 Billion
≈ $271.18 Million		 +3.55%
2019-12-31 RM1.04 Billion
≈ $261.88 Million		 +1.85%
2018-12-31 RM1.02 Billion
≈ $257.13 Million		 +0.72%
2017-12-31 RM1.02 Billion
≈ $255.30 Million		 -0.33%
2016-12-31 RM1.02 Billion
≈ $256.13 Million		 +4.96%
2015-12-31 RM972.00 Million
≈ $244.04 Million		 -4.05%
2014-12-31 RM1.01 Billion
≈ $254.33 Million		 +0.90%
2013-12-31 RM1.00 Billion
≈ $252.07 Million		 -0.40%
2012-12-31 RM1.01 Billion
≈ $253.08 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Gas Malaysia 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 163.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings RM868.18 Million 57.64%
Common Stock RM642.00 Million 42.62%
Other Comprehensive Income RM-4.01 Million -0.27%
Total Equity RM1.51 Billion 100.00%

Gas Malaysia Bhd Competitors by Market Cap

The table below lists competitors of Gas Malaysia Bhd ranked by their market capitalization.

Company Market Cap
PSK Inc
KQ:319660
 $1.74 Billion
Vishay Intertechnology Inc
NYSE:VSH
 $1.74 Billion
China National Accord Medicines Corp Ltd
SHE:000028
 $1.74 Billion
IMAX Corporation
F:IMA
 $1.74 Billion
Gujarat State Petronet Limited
NSE:GSPL
 $1.74 Billion
Quick Intelligent Equipment Co Ltd
SHG:603203
 $1.74 Billion
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
 $1.74 Billion
Cupid Limited
NSE:CUPID
 $1.74 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,367,875,000 to 1,506,169,000, a change of 138,294,000 (10.1%).
  • Net income of 441,385,000 contributed positively to equity growth.
  • Dividend payments of 299,814,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 3,277,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM441.38 Million +29.31%
Dividends Paid RM299.81 Million -19.91%
Other Comprehensive Income RM-3.28 Million -0.22%
Total Change RM- 10.11%

Book Value vs Market Value Analysis

This analysis compares Gas Malaysia 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: 4.60x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 6.80x to 4.60x 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 RM0.79 RM5.40 x
2017-12-31 RM0.79 RM5.40 x
2018-12-31 RM0.80 RM5.40 x
2019-12-31 RM0.81 RM5.40 x
2020-12-31 RM0.84 RM5.40 x
2021-12-31 RM0.88 RM5.40 x
2022-12-31 RM1.00 RM5.40 x
2023-12-31 RM1.07 RM5.40 x
2024-12-31 RM1.17 RM5.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gas Malaysia 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): 29.31%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.49%
  • • Asset Turnover: 2.19x
  • • Equity Multiplier: 2.44x
  • Recent ROE (29.31%) is above the historical average (20.84%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 10.92% 2.93% 1.73x 2.16x RM8.93 Million
2016 16.19% 4.07% 1.82x 2.18x RM63.12 Million
2017 15.85% 3.03% 2.32x 2.25x RM59.46 Million
2018 17.61% 2.89% 2.47x 2.46x RM77.98 Million
2019 18.23% 2.76% 2.63x 2.51x RM85.80 Million
2020 19.69% 3.18% 2.52x 2.46x RM104.61 Million
2021 22.09% 4.27% 2.04x 2.54x RM136.62 Million
2022 30.47% 5.09% 2.43x 2.46x RM261.71 Million
2023 28.03% 4.75% 2.52x 2.34x RM246.61 Million
2024 29.31% 5.49% 2.19x 2.44x RM290.77 Million

Industry Comparison

This section compares Gas Malaysia Bhd's net assets metrics with peer companies in the Utilities - Regulated Gas industry.

Industry Context

  • Industry: Utilities - Regulated Gas
  • Average net assets among peers: $315,480,000
  • Average return on equity (ROE) among peers: 0.37%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gas Malaysia Bhd (5209) RM1.47 Billion 10.92% 1.45x $1.74 Billion
KUB Malaysia Bhd (6874) $315.48 Million 0.37% 0.89x $137.11 Million

About Gas Malaysia Bhd

KLSE:5209 Malaysia Utilities - Regulated Gas
Market Cap
$1.74 Billion
RM6.93 Billion MYR
Market Cap Rank
#6778 Global
#58 in Malaysia
Share Price
RM5.40
Change (1 day)
+0.00%
52-Week Range
RM4.09 - RM6.00
All Time High
RM6.00
Categories
Companies in Malaysia Utilities - Regulated Gas
About

Gas Malaysia Berhad sells, markets, and distributes natural gas to the industrial, commercial, and residential sectors in Malaysia. The company operates in two segments: Natural Gas & LPG, and Others. It also develops, operates, and maintains natural gas distribution system in Peninsular Malaysia; and provides management services. In addition, the company sells liquefied petroleum gas through a r… Read more