IHH Healthcare Bhd
IHH Healthcare Berhad, an investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally. It provides primary care services, such as outpatient treatment, check-ups, vaccinations, preventive care, and patient education services. The company also offers secondary care facilities, including medical emergencies and acute treatm… Read more
IHH Healthcare Bhd (5225) - Net Assets
Latest net assets as of September 2025: RM34.22 Billion MYR
Based on the latest financial reports, IHH Healthcare Bhd (5225) has net assets worth RM34.22 Billion MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM57.80 Billion) and total liabilities (RM23.58 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 | RM34.22 Billion |
| % of Total Assets | 59.2% |
| Annual Growth Rate | 19.57% |
| 5-Year Change | 25.42% |
| 10-Year Change | 39.9% |
| Growth Volatility | 108.09 |
IHH Healthcare Bhd - Net Assets Trend (2009–2024)
This chart illustrates how IHH Healthcare 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 IHH Healthcare Bhd (2009–2024)
The table below shows the annual net assets of IHH Healthcare Bhd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM33.91 Billion | +4.79% |
| 2023-12-31 | RM32.36 Billion | +10.97% |
| 2022-12-31 | RM29.16 Billion | +6.90% |
| 2021-12-31 | RM27.28 Billion | +0.89% |
| 2020-12-31 | RM27.04 Billion | -3.77% |
| 2019-12-31 | RM28.09 Billion | -1.45% |
| 2018-12-31 | RM28.51 Billion | +10.06% |
| 2017-12-31 | RM25.90 Billion | +8.40% |
| 2016-12-31 | RM23.89 Billion | -1.42% |
| 2015-12-31 | RM24.24 Billion | +13.72% |
| 2014-12-31 | RM21.31 Billion | +6.98% |
| 2013-12-31 | RM19.92 Billion | +9.34% |
| 2012-12-31 | RM18.22 Billion | +7.84% |
| 2011-12-31 | RM16.90 Billion | +439.61% |
| 2010-12-31 | RM3.13 Billion | +34.82% |
| 2009-12-31 | RM2.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to IHH Healthcare 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 970800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM9.71 Billion | 32.21% |
| Common Stock | RM19.74 Billion | 65.49% |
| Other Components | RM693.00 Million | 2.30% |
| Total Equity | RM30.14 Billion | 100.00% |
IHH Healthcare Bhd Competitors by Market Cap
The table below lists competitors of IHH Healthcare Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Miniso Group Holding Ltd
NYSE:MNSO
|
$6.12 Billion |
|
Ningbo Tuopu Group Co Ltd
SHG:601689
|
$6.12 Billion |
|
SK Holdings 1p Pref
KO:03473K
|
$6.13 Billion |
|
The Indian Hotels Company Limited
NSE:INDHOTEL
|
$6.13 Billion |
|
The Siam Commercial Bank Public Company Limited
BK:SCB-R
|
$6.11 Billion |
|
Venture Global, Inc.
NYSE:VG
|
$6.10 Billion |
|
Healthcare Realty Trust Incorporated
NYSE:HR
|
$6.10 Billion |
|
Huadian Power International Corporation Limited
PINK:HPIFY
|
$6.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IHH Healthcare Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,105,539,000 to 30,140,000,000, a change of 1,034,461,000 (3.6%).
- Net income of 2,657,000,000 contributed positively to equity growth.
- Dividend payments of 881,000,000 reduced retained earnings.
- Share repurchases of 38,000,000 reduced equity.
- New share issuances of 38,000,000 increased equity.
- Other comprehensive income decreased equity by 1,573,882,000.
- Other factors increased equity by 832,343,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.66 Billion | +8.82% |
| Dividends Paid | RM881.00 Million | -2.92% |
| Share Repurchases | RM38.00 Million | -0.13% |
| Share Issuances | RM38.00 Million | +0.13% |
| Other Comprehensive Income | RM-1.57 Billion | -5.22% |
| Other Changes | RM832.34 Million | +2.76% |
| Total Change | RM- | 3.55% |
Book Value vs Market Value Analysis
This analysis compares IHH Healthcare 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: 2.61x
- 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 31.10x to 2.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | RM0.29 | RM8.93 | x |
| 2010-12-31 | RM0.36 | RM8.93 | x |
| 2011-12-31 | RM2.66 | RM8.93 | x |
| 2012-12-31 | RM2.46 | RM8.93 | x |
| 2013-12-31 | RM2.22 | RM8.93 | x |
| 2014-12-31 | RM2.37 | RM8.93 | x |
| 2015-12-31 | RM2.69 | RM8.93 | x |
| 2016-12-31 | RM2.67 | RM8.93 | x |
| 2017-12-31 | RM2.92 | RM8.93 | x |
| 2018-12-31 | RM2.91 | RM8.93 | x |
| 2019-12-31 | RM2.79 | RM8.93 | x |
| 2020-12-31 | RM2.72 | RM8.93 | x |
| 2021-12-31 | RM2.80 | RM8.93 | x |
| 2022-12-31 | RM2.97 | RM8.93 | x |
| 2023-12-31 | RM3.30 | RM8.93 | x |
| 2024-12-31 | RM3.42 | RM8.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IHH Healthcare 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): 8.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.90%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.88x
- Recent ROE (8.82%) is above the historical average (5.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 20.04% | 11.75% | 1.57x | 1.09x | RM232.21 Million |
| 2010 | 2.74% | 1.75% | 0.29x | 5.49x | RM-208.46 Million |
| 2011 | 1.51% | 4.73% | 0.23x | 1.41x | RM-1.38 Billion |
| 2012 | 4.63% | 11.45% | 0.30x | 1.35x | RM-925.61 Million |
| 2013 | 3.49% | 9.35% | 0.25x | 1.51x | RM-1.18 Billion |
| 2014 | 3.88% | 10.28% | 0.26x | 1.47x | RM-1.19 Billion |
| 2015 | 4.22% | 11.06% | 0.24x | 1.60x | RM-1.28 Billion |
| 2016 | 2.79% | 6.12% | 0.27x | 1.69x | RM-1.59 Billion |
| 2017 | 4.03% | 8.71% | 0.29x | 1.62x | RM-1.43 Billion |
| 2018 | 2.60% | 5.45% | 0.26x | 1.87x | RM-1.79 Billion |
| 2019 | 2.25% | 3.70% | 0.33x | 1.84x | RM-1.90 Billion |
| 2020 | 0.83% | 1.49% | 0.30x | 1.86x | RM-2.19 Billion |
| 2021 | 7.58% | 10.87% | 0.38x | 1.85x | RM-595.80 Million |
| 2022 | 5.91% | 8.61% | 0.37x | 1.85x | RM-1.07 Billion |
| 2023 | 10.14% | 14.10% | 0.41x | 1.76x | RM41.32 Million |
| 2024 | 8.82% | 10.90% | 0.43x | 1.88x | RM-357.00 Million |
Industry Comparison
This section compares IHH Healthcare Bhd's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $373,984,722
- Average return on equity (ROE) among peers: 33.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IHH Healthcare Bhd (5225) | RM34.22 Billion | 20.04% | 0.69x | $6.11 Billion |
| TMC Life Sciences Bhd (0101) | $48.97 Million | 18.72% | 0.24x | $32.96 Million |
| Optimax Holdings Sdn Bhd (0222) | $20.79 Million | 21.38% | 1.70x | $17.14 Million |
| Cengild Medical Berhad (0243) | $9.79 Million | 40.37% | 3.81x | $11.79 Million |
| DC HEALTHCARE HOLDINGS BERHAD (0283) | $4.75 Million | 39.98% | 2.55x | $5.67 Million |
| ALPHA (0303) | $54.55 Million | 97.60% | 0.76x | $70.68 Million |
| Metro Healthcare Berhad (0329) | $34.34 Million | 27.49% | 0.46x | $4.10 Million |
| PMCK Berhad (0363) | $81.09 Million | 13.23% | 0.33x | $421.93 |
| KPJ Healthcare Bhd (5878) | $2.74 Billion | 12.92% | 1.70x | $1.99 Billion |