Bumi Armada Bhd
Bumi Armada Berhad, an investment holding company, engages in providing marine transportation, floating production storage offloading (FPSO) operations, and engineering and maintenance services to offshore oil and gas companies. The Operations segment is involved in the provision of FPSO vessels, floating gas solutions unit, subsea construction assets, and marine related services. Its Others segm… Read more
Bumi Armada Bhd (5210) - Net Assets
Latest net assets as of December 2025: RM5.87 Billion MYR
Based on the latest financial reports, Bumi Armada Bhd (5210) has net assets worth RM5.87 Billion MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM8.76 Billion) and total liabilities (RM2.88 Billion). 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 | RM5.87 Billion |
| % of Total Assets | 67.07% |
| Annual Growth Rate | 16.6% |
| 5-Year Change | 49.73% |
| 10-Year Change | 5.05% |
| Growth Volatility | 73.05 |
Bumi Armada Bhd - Net Assets Trend (2008–2025)
This chart illustrates how Bumi Armada 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 Bumi Armada Bhd (2008–2025)
The table below shows the annual net assets of Bumi Armada Bhd from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM5.87 Billion | -2.89% |
| 2024-12-31 | RM6.05 Billion | +8.38% |
| 2023-12-31 | RM5.58 Billion | +9.50% |
| 2022-12-31 | RM5.10 Billion | +29.93% |
| 2021-12-31 | RM3.92 Billion | +25.48% |
| 2020-12-31 | RM3.13 Billion | -2.73% |
| 2019-12-31 | RM3.21 Billion | -4.66% |
| 2018-12-31 | RM3.37 Billion | -38.96% |
| 2017-12-31 | RM5.52 Billion | -1.24% |
| 2016-12-31 | RM5.59 Billion | -23.38% |
| 2015-12-31 | RM7.30 Billion | +8.61% |
| 2014-12-31 | RM6.72 Billion | +53.36% |
| 2013-12-31 | RM4.38 Billion | +16.28% |
| 2012-12-31 | RM3.77 Billion | +6.33% |
| 2011-12-31 | RM3.54 Billion | +304.83% |
| 2010-12-31 | RM875.10 Million | +30.35% |
| 2009-12-31 | RM671.35 Million | +55.65% |
| 2008-12-31 | RM431.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bumi Armada 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 64274800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM642.75 Million | 10.85% |
| Common Stock | RM4.34 Billion | 73.23% |
| Other Comprehensive Income | RM943.09 Million | 15.92% |
| Total Equity | RM5.92 Billion | 100.00% |
Bumi Armada Bhd Competitors by Market Cap
The table below lists competitors of Bumi Armada Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
$249.14 Million |
|
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd
SHE:002816
|
$249.23 Million |
|
AUCTION TECH.GRP.LS-0001
F:684
|
$249.29 Million |
|
ALGOMA CENTRL CORP. CD 2
F:ACH
|
$249.34 Million |
|
Esab India Limited
NSE:ESABINDIA
|
$249.10 Million |
|
I-MAB SPONS.ADS/1 -0001
F:0VY
|
$249.02 Million |
|
Guilin Sanjin Pharmaceutical Co Ltd
SHE:002275
|
$248.96 Million |
|
Ningbo Heli Mould Technology Co Ltd Class A
SHG:603917
|
$248.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bumi Armada Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,114,589,000 to 5,924,445,000, a change of -190,144,000 (-3.1%).
- Net income of 439,048,000 contributed positively to equity growth.
- Dividend payments of 59,279,000 reduced retained earnings.
- Other comprehensive income increased equity by 943,086,000.
- Other factors decreased equity by 1,512,999,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM439.05 Million | +7.41% |
| Dividends Paid | RM59.28 Million | -1.0% |
| Other Comprehensive Income | RM943.09 Million | +15.92% |
| Other Changes | RM-1.51 Billion | -25.54% |
| Total Change | RM- | -3.11% |
Book Value vs Market Value Analysis
This analysis compares Bumi Armada 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: 0.33x
- 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 decreased from 2.85x to 0.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | RM0.12 | RM0.33 | x |
| 2009-12-31 | RM0.16 | RM0.33 | x |
| 2010-12-31 | RM0.21 | RM0.33 | x |
| 2011-12-31 | RM0.78 | RM0.33 | x |
| 2012-12-31 | RM0.70 | RM0.33 | x |
| 2013-12-31 | RM0.92 | RM0.33 | x |
| 2014-12-31 | RM1.32 | RM0.33 | x |
| 2015-12-31 | RM1.24 | RM0.33 | x |
| 2016-12-31 | RM0.95 | RM0.33 | x |
| 2017-12-31 | RM0.94 | RM0.33 | x |
| 2018-12-31 | RM0.57 | RM0.33 | x |
| 2019-12-31 | RM0.55 | RM0.33 | x |
| 2020-12-31 | RM0.54 | RM0.33 | x |
| 2021-12-31 | RM0.67 | RM0.33 | x |
| 2022-12-31 | RM0.87 | RM0.33 | x |
| 2023-12-31 | RM0.96 | RM0.33 | x |
| 2024-12-31 | RM1.03 | RM0.33 | x |
| 2025-12-31 | RM1.00 | RM0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bumi Armada 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): 7.41%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.63%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.48x
- Recent ROE (7.41%) is above the historical average (5.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 34.83% | 28.86% | 0.21x | 5.65x | RM106.95 Million |
| 2009 | 41.36% | 37.90% | 0.19x | 5.76x | RM210.36 Million |
| 2010 | 40.11% | 28.26% | 0.26x | 5.48x | RM263.30 Million |
| 2011 | 10.19% | 23.30% | 0.22x | 1.97x | RM6.87 Million |
| 2012 | 10.29% | 23.25% | 0.24x | 1.85x | RM10.84 Million |
| 2013 | 9.90% | 20.80% | 0.24x | 2.02x | RM-4.47 Million |
| 2014 | 3.27% | 9.12% | 0.17x | 2.16x | RM-449.83 Million |
| 2015 | -3.23% | -10.76% | 0.12x | 2.49x | RM-960.31 Million |
| 2016 | -35.22% | -149.36% | 0.06x | 3.95x | RM-2.53 Billion |
| 2017 | 6.41% | 14.66% | 0.13x | 3.43x | RM-197.49 Million |
| 2018 | -68.47% | -95.21% | 0.16x | 4.62x | RM-2.64 Billion |
| 2019 | 1.18% | 1.84% | 0.15x | 4.33x | RM-284.54 Million |
| 2020 | 3.99% | 5.37% | 0.19x | 4.02x | RM-189.34 Million |
| 2021 | 14.49% | 26.55% | 0.18x | 3.05x | RM177.80 Million |
| 2022 | 14.23% | 30.45% | 0.21x | 2.28x | RM217.76 Million |
| 2023 | 5.85% | 15.57% | 0.19x | 1.96x | RM-235.12 Million |
| 2024 | 10.37% | 27.57% | 0.22x | 1.71x | RM22.54 Million |
| 2025 | 7.41% | 27.63% | 0.18x | 1.48x | RM-153.40 Million |
Industry Comparison
This section compares Bumi Armada Bhd's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $580,118,830
- Average return on equity (ROE) among peers: -9.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bumi Armada Bhd (5210) | RM5.87 Billion | 34.83% | 0.49x | $249.13 Million |
| Reservoir Link Energy Bhd (0219) | $21.17 Million | 15.37% | 0.78x | $9.11 Million |
| Ocean Vantage Holdings Bhd (0220) | $49.81 Million | 14.69% | 0.16x | $6.73 Million |
| Coastal Contracts Bhd (5071) | $1.09 Billion | -9.67% | 0.43x | $42.02 Million |
| Marine & General Bhd (5078) | $41.82 Million | -118.68% | 21.95x | $26.88 Million |
| Alam Maritim Resources Bhd (5115) | $-87.52 Million | 0.00% | 0.00x | $14.09 Million |
| Deleum Bhd (5132) | $358.25 Million | 4.76% | 0.70x | $34.93 Million |
| Petra Energy Bhd (5133) | $547.00 Million | 8.59% | 1.02x | $14.09 Million |
| Dayang Enterprise Holdings Bhd (5141) | $372.71 Million | 18.17% | 0.47x | $274.52 Million |
| Wah Seong Corporation Bhd (5142) | $775.89 Million | -29.42% | 2.36x | $84.25 Million |
| Malaysia Marine and Heavy Engineering Holdings Bhd (5186) | $2.64 Billion | 4.93% | 0.69x | $28.06 Million |