Mentiga Corporation Bhd
Mentiga Corporation Berhad, an investment holding company, engages in the oil palm plantation business in Malaysia. It operates through Timber Products, Plantation, and Mining segments. The company is also involved in durian plantation; timber extraction; trading in related timber products; reforestation project; and other agricultural activities. In addition, it extracts and explores mining ores… Read more
Mentiga Corporation Bhd (5223) - Net Assets
Latest net assets as of September 2025: RM224.08 Million MYR
Based on the latest financial reports, Mentiga Corporation Bhd (5223) has net assets worth RM224.08 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 (RM345.03 Million) and total liabilities (RM120.95 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 | RM224.08 Million |
| % of Total Assets | 64.94% |
| Annual Growth Rate | 9.84% |
| 5-Year Change | 20.18% |
| 10-Year Change | 74.45% |
| Growth Volatility | 16.46 |
Mentiga Corporation Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Mentiga Corporation 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 Mentiga Corporation Bhd (2012–2024)
The table below shows the annual net assets of Mentiga Corporation Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM225.04 Million | -3.21% |
| 2023-12-31 | RM232.51 Million | +29.56% |
| 2022-12-31 | RM179.45 Million | -7.41% |
| 2021-12-31 | RM193.83 Million | +3.50% |
| 2020-12-31 | RM187.26 Million | +0.45% |
| 2019-12-31 | RM186.42 Million | +35.38% |
| 2018-12-31 | RM137.70 Million | +2.77% |
| 2017-12-31 | RM133.99 Million | +0.26% |
| 2016-12-31 | RM133.65 Million | +3.60% |
| 2015-12-31 | RM129.00 Million | +37.23% |
| 2014-12-31 | RM94.00 Million | -3.09% |
| 2013-12-31 | RM97.00 Million | +32.88% |
| 2012-12-31 | RM73.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mentiga Corporation 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 3363583000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM71.79 Million | 31.90% |
| Other Components | RM190.80 Million | 84.78% |
| Total Equity | RM225.04 Million | 100.00% |
Mentiga Corporation Bhd Competitors by Market Cap
The table below lists competitors of Mentiga Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MDI Energia S.A.
WAR:MDI
|
$1.28 Million |
|
Fluicell AB (publ)
F:5J90
|
$1.28 Million |
|
FUJIKURA - Dusseldorf Stock Exchang
DU:FJK
|
$1.28 Million |
|
Reinhold Europe AB
WAR:RHD
|
$1.28 Million |
|
C I Systems
TA:CISY
|
$1.28 Million |
|
Jayden Resources Inc.
OTCQB:JDNRF
|
$1.28 Million |
|
Poseidon Nickel Limited
PINK:PSDNF
|
$1.28 Million |
|
AFRICAN PIONEER PLC O.N.
F:9TI
|
$1.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mentiga Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 232,507,510 to 225,044,750, a change of -7,462,760 (-3.2%).
- Net loss of 4,682,650 reduced equity.
- Other factors decreased equity by 2,780,110.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-4.68 Million | -2.08% |
| Other Changes | RM-2.78 Million | -1.24% |
| Total Change | RM- | -3.21% |
Book Value vs Market Value Analysis
This analysis compares Mentiga Corporation 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: 0.17x
- 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 0.28x to 0.17x 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 | RM1.91 | RM0.54 | x |
| 2017-12-31 | RM1.91 | RM0.54 | x |
| 2018-12-31 | RM1.97 | RM0.54 | x |
| 2019-12-31 | RM2.66 | RM0.54 | x |
| 2020-12-31 | RM2.68 | RM0.54 | x |
| 2021-12-31 | RM2.77 | RM0.54 | x |
| 2022-12-31 | RM2.56 | RM0.54 | x |
| 2023-12-31 | RM3.32 | RM0.54 | x |
| 2024-12-31 | RM3.21 | RM0.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mentiga Corporation 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): -2.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.45%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.54x
- Recent ROE (-2.08%) is below the historical average (-2.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.68% | 28.24% | 0.07x | 1.36x | RM-9.78 Million |
| 2017 | 0.78% | 7.88% | 0.07x | 1.39x | RM-12.36 Million |
| 2018 | 2.70% | 23.03% | 0.08x | 1.40x | RM-10.06 Million |
| 2019 | 1.72% | 21.04% | 0.06x | 1.39x | RM-15.44 Million |
| 2020 | 0.45% | 5.62% | 0.06x | 1.41x | RM-17.89 Million |
| 2021 | -9.21% | -159.70% | 0.04x | 1.44x | RM-37.24 Million |
| 2022 | -10.05% | -122.24% | 0.05x | 1.53x | RM-35.99 Million |
| 2023 | -5.44% | -44.59% | 0.08x | 1.50x | RM-35.89 Million |
| 2024 | -2.08% | -15.45% | 0.09x | 1.54x | RM-27.19 Million |
Industry Comparison
This section compares Mentiga Corporation Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $444,702,596
- Average return on equity (ROE) among peers: 1.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mentiga Corporation Bhd (5223) | RM224.08 Million | 2.68% | 0.54x | $1.28 Million |
| Green Ocean Corporation Bhd (0074) | $21.99 Million | 8.76% | 1.57x | $2.27 Million |
| MAG Holdings Berhad (0095) | $473.76 Million | -1.41% | 0.15x | $29.82 Million |
| Greenyield Bhd (0136) | $54.42 Million | -0.73% | 0.43x | $3.29 Million |
| Heng Huat Resources Group Bhd (0175) | $231.51 Million | 3.70% | 0.31x | $7.31 Million |
| Matang Bhd (0189) | $248.32 Million | 2.40% | 0.03x | $17.51 Million |
| Pinehill Pacific Bhd (1902) | $184.30 Million | -6.00% | -0.03x | $6.70 Million |
| Chin Teck Plantations Bhd (1929) | $651.35 Million | 10.97% | 0.05x | $63.45 Million |
| Kretam Holdings Bhd (1996) | $607.72 Million | -6.37% | 0.35x | $46.24 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $545.52 Million | -0.47% | 0.35x | $25.62 Million |
| TDM Berhad (2054) | $1.43 Billion | 1.62% | 0.87x | $25.63 Million |