Sunway Bhd (5211) - Net Assets

Latest as of September 2025: RM16.79 Billion MYR ≈ $4.22 Billion USD

Based on the latest financial reports, Sunway Bhd (5211) has net assets worth RM16.79 Billion MYR (≈ $4.22 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM35.71 Billion ≈ $8.97 Billion USD) and total liabilities (RM18.92 Billion ≈ $4.75 Billion 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 asset resilience ratio of Sunway Bhd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM16.79 Billion
% of Total Assets	47.02%
Annual Growth Rate	19.45%
5-Year Change	54.16%
10-Year Change	120.95%
Growth Volatility	62.93

Sunway Bhd - Net Assets Trend (2005–2024)

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

Annual Net Assets for Sunway Bhd (2005–2024)

The table below shows the annual net assets of Sunway Bhd from 2005 to 2024. For live valuation and market cap data, see Sunway Bhd (5211) market capitalisation.

Year	Net Assets	Change
2024-12-31	RM15.94 Billion ≈ $4.00 Billion	+6.25%
2023-12-31	RM15.00 Billion ≈ $3.77 Billion	+10.52%
2022-12-31	RM13.57 Billion ≈ $3.41 Billion	+3.43%
2021-12-31	RM13.12 Billion ≈ $3.29 Billion	+26.93%
2020-12-31	RM10.34 Billion ≈ $2.60 Billion	+1.61%
2019-12-31	RM10.17 Billion ≈ $2.55 Billion	+11.88%
2018-12-31	RM9.09 Billion ≈ $2.28 Billion	+7.15%
2017-12-31	RM8.49 Billion ≈ $2.13 Billion	+3.09%
2016-12-31	RM8.23 Billion ≈ $2.07 Billion	+14.14%
2015-12-31	RM7.21 Billion ≈ $1.81 Billion	+14.06%
2014-12-31	RM6.32 Billion ≈ $1.59 Billion	+12.02%
2013-12-31	RM5.65 Billion ≈ $1.42 Billion	+42.65%
2012-12-31	RM3.96 Billion ≈ $993.60 Million	-45.11%
2011-12-31	RM7.21 Billion ≈ $1.81 Billion	+141.83%
2010-12-31	RM2.98 Billion ≈ $748.60 Million	+247.03%
2009-12-31	RM859.19 Million ≈ $215.71 Million	+33.17%
2007-12-31	RM645.18 Million ≈ $161.98 Million	+17.57%
2006-12-31	RM548.79 Million ≈ $137.78 Million	+0.88%
2005-12-31	RM544.01 Million ≈ $136.58 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sunway 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 714628800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	RM6.85 Billion	45.67%
Common Stock	RM7.05 Billion	47.02%
Other Comprehensive Income	RM682.44 Million	4.55%
Other Components	RM413.74 Million	2.76%
Total Equity	RM14.99 Billion	100.00%

Sunway Bhd Competitors by Market Cap

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

Company	Market Cap
UNICHARM CORP. SP.ADR 1 F:UN41	$8.48 Billion
Orion Oyj B HE:ORNBV	$8.48 Billion
DISCOVERY LTD(UNSP.ADR)/3 F:D3H0	$8.48 Billion
BKW AG SW:BKW	$8.48 Billion
Grupo Aeroportuario del Sureste S. A. B. de C. V MX:ASURB	$8.47 Billion
Dabur India Limited NSE:DABUR	$8.47 Billion
ASX Ltd AU:ASX	$8.46 Billion
Lineage, Inc. Common Stock NASDAQ:LINE	$8.46 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 13,850,390,000 to 14,990,407,000, a change of 1,140,017,000 (8.2%).
Net income of 1,154,242,000 contributed positively to equity growth.
Dividend payments of 176,052,000 reduced retained earnings.
Share repurchases of 210,722,000 reduced equity.
New share issuances of 217,391,000 increased equity.
Other comprehensive income decreased equity by 164,513,000.
Other factors increased equity by 319,671,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	RM1.15 Billion	+7.7%
Dividends Paid	RM176.05 Million	-1.17%
Share Repurchases	RM210.72 Million	-1.41%
Share Issuances	RM217.39 Million	+1.45%
Other Comprehensive Income	RM-164.51 Million	-1.1%
Other Changes	RM319.67 Million	+2.13%
Total Change	RM-	8.23%

Book Value vs Market Value Analysis

This analysis compares Sunway 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: 2.39x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 15.58x to 2.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	RM0.35	RM5.38	x
2006-12-31	RM0.34	RM5.38	x
2007-12-31	RM0.39	RM5.38	x
2009-12-31	RM0.24	RM5.38	x
2010-12-31	RM0.73	RM5.38	x
2011-12-31	RM1.82	RM5.38	x
2012-12-31	RM1.01	RM5.38	x
2013-12-31	RM1.40	RM5.38	x
2014-12-31	RM1.37	RM5.38	x
2015-12-31	RM1.46	RM5.38	x
2016-12-31	RM1.58	RM5.38	x
2017-12-31	RM1.59	RM5.38	x
2018-12-31	RM1.78	RM5.38	x
2019-12-31	RM1.96	RM5.38	x
2020-12-31	RM1.92	RM5.38	x
2021-12-31	RM2.03	RM5.38	x
2022-12-31	RM2.09	RM5.38	x
2023-12-31	RM2.27	RM5.38	x
2024-12-31	RM2.25	RM5.38	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sunway 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): 7.70%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.45%
• Asset Turnover: 0.25x
• Equity Multiplier: 2.10x
Recent ROE (7.70%) is below the historical average (9.94%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	-2.32%	-0.58%	1.08x	3.70x	RM-63.63 Million
2006	-1.84%	-0.49%	0.93x	4.02x	RM-60.26 Million
2007	16.74%	5.49%	0.90x	3.38x	RM40.31 Million
2010	26.51%	21.96%	0.45x	2.71x	RM428.66 Million
2011	16.25%	15.55%	0.46x	2.28x	RM406.14 Million
2012	14.84%	13.79%	0.43x	2.51x	RM172.96 Million
2013	27.97%	31.57%	0.43x	2.08x	RM957.54 Million
2014	12.36%	16.10%	0.35x	2.17x	RM140.37 Million
2015	11.16%	16.47%	0.28x	2.44x	RM76.18 Million
2016	7.84%	12.58%	0.25x	2.51x	RM-161.09 Million
2017	8.15%	11.90%	0.27x	2.58x	RM-144.91 Million
2018	7.77%	12.17%	0.26x	2.48x	RM-189.05 Million
2019	8.04%	16.05%	0.20x	2.47x	RM-187.03 Million
2020	4.24%	10.57%	0.18x	2.21x	RM-549.19 Million
2021	2.89%	9.35%	0.15x	2.09x	RM-855.37 Million
2022	5.33%	12.87%	0.20x	2.08x	RM-585.47 Million
2023	5.33%	12.02%	0.21x	2.06x	RM-647.17 Million
2024	7.70%	14.45%	0.25x	2.10x	RM-344.80 Million

Industry Comparison

This section compares Sunway Bhd's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

Industry: Conglomerates
Average net assets among peers: $3,074,706,312
Average return on equity (ROE) among peers: 1.25%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sunway Bhd (5211)	RM16.79 Billion	-2.32%	1.13x	$8.47 Billion
Digistar Corporation Bhd (0029)	$26.17 Million	2.28%	0.58x	$5.51 Million
Key Alliance Group Bhd (0036)	$75.83 Million	-12.66%	0.28x	$2.15 Million
MSCM Holdings Bhd (0041)	$18.78 Million	18.74%	0.47x	$14.11 Million
Asdion Bhd (0068)	$20.25 Million	-8.60%	0.75x	$1.92 Million
EA Holdings Bhd (0154)	$129.54 Million	-24.36%	0.07x	$8.10 Million
Sports Toto Berhad (1562)	$1.14 Billion	19.71%	2.44x	$446.60 Million
Batu Kawan Bhd (1899)	$8.66 Billion	5.59%	0.51x	$2.04 Billion
Kuala Lumpur Kepong Bhd (2445)	$16.14 Billion	5.17%	0.87x	$5.93 Billion
Hap Seng Consolidated Bhd (3034)	$2.58 Billion	12.18%	1.15x	$1.81 Billion
Berjaya Assets Bhd (3239)	$1.95 Billion	-5.53%	0.63x	$189.48 Million

About Sunway Bhd

KLSE:5211 Malaysia Conglomerates

Market Cap

$8.47 Billion

RM33.74 Billion MYR

Market Cap Rank

#2523 Global

#14 in Malaysia

Share Price

RM5.38

Change (1 day)

+0.94%

52-Week Range

RM4.62 - RM5.95

All Time High

RM5.95