IHH Healthcare Bhd (5225) - Net Assets

Latest as of September 2025: RM34.22 Billion MYR ≈ $8.59 Billion USD

Based on the latest financial reports, IHH Healthcare Bhd (5225) has net assets worth RM34.22 Billion MYR (≈ $8.59 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 (RM57.80 Billion ≈ $14.51 Billion USD) and total liabilities (RM23.58 Billion ≈ $5.92 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 IHH Healthcare Bhd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of IHH Healthcare Bhd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 5225 market cap overview.

Year	Net Assets	Change
2024-12-31	RM33.91 Billion ≈ $8.51 Billion	+4.79%
2023-12-31	RM32.36 Billion ≈ $8.12 Billion	+10.97%
2022-12-31	RM29.16 Billion ≈ $7.32 Billion	+6.90%
2021-12-31	RM27.28 Billion ≈ $6.85 Billion	+0.89%
2020-12-31	RM27.04 Billion ≈ $6.79 Billion	-3.77%
2019-12-31	RM28.09 Billion ≈ $7.05 Billion	-1.45%
2018-12-31	RM28.51 Billion ≈ $7.16 Billion	+10.06%
2017-12-31	RM25.90 Billion ≈ $6.50 Billion	+8.40%
2016-12-31	RM23.89 Billion ≈ $6.00 Billion	-1.42%
2015-12-31	RM24.24 Billion ≈ $6.09 Billion	+13.72%
2014-12-31	RM21.31 Billion ≈ $5.35 Billion	+6.98%
2013-12-31	RM19.92 Billion ≈ $5.00 Billion	+9.34%
2012-12-31	RM18.22 Billion ≈ $4.57 Billion	+7.84%
2011-12-31	RM16.90 Billion ≈ $4.24 Billion	+439.61%
2010-12-31	RM3.13 Billion ≈ $786.16 Million	+34.82%
2009-12-31	RM2.32 Billion ≈ $583.11 Million	--

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
Bouygues SA PA:EN	$19.69 Billion
Qingdao Haier Co Ltd SHG:600690	$19.70 Billion
Jardine Matheson Holdings Limited F:H4W	$19.71 Billion
Liberty Media Corporation Series C Liberty Formula One Common Stock NASDAQ:FWONK	$19.72 Billion
New China Life Insurance Co Ltd SHG:601336	$19.65 Billion
Brown & Brown Inc NYSE:BRO	$19.62 Billion
Packaging Corp of America NYSE:PKG	$19.62 Billion
Helvetia Holding AG SW:HELN	$19.58 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: 2.59x
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 30.89x to 2.59x 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	RM8.87	x
2010-12-31	RM0.36	RM8.87	x
2011-12-31	RM2.66	RM8.87	x
2012-12-31	RM2.46	RM8.87	x
2013-12-31	RM2.22	RM8.87	x
2014-12-31	RM2.37	RM8.87	x
2015-12-31	RM2.69	RM8.87	x
2016-12-31	RM2.67	RM8.87	x
2017-12-31	RM2.92	RM8.87	x
2018-12-31	RM2.91	RM8.87	x
2019-12-31	RM2.79	RM8.87	x
2020-12-31	RM2.72	RM8.87	x
2021-12-31	RM2.80	RM8.87	x
2022-12-31	RM2.97	RM8.87	x
2023-12-31	RM3.30	RM8.87	x
2024-12-31	RM3.42	RM8.87	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: $248,775,060
Average return on equity (ROE) among peers: 21.84%

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	$19.68 Billion
TMC Life Sciences Bhd (0101)	$114.02 Million	3.14%	0.49x	$216.48 Million
Optimax Holdings Sdn Bhd (0222)	$20.79 Million	21.38%	1.70x	$76.39 Million
Cengild Medical Berhad (0243)	$111.30 Million	9.95%	0.19x	$43.91 Million
DC HEALTHCARE HOLDINGS BERHAD (0283)	$15.05 Million	63.52%	2.21x	$27.52 Million
ALPHA (0303)	$58.97 Million	24.26%	0.82x	$323.21 Million
KPJ Healthcare Bhd (5878)	$1.17 Billion	8.79%	1.42x	$3.77 Billion

About IHH Healthcare Bhd

KLSE:5225 Malaysia Medical Care Facilities

Market Cap

$19.68 Billion

RM78.38 Billion MYR

Market Cap Rank

#1289 Global

#5 in Malaysia

Share Price

RM8.87

Change (1 day)

+0.57%

52-Week Range

RM6.52 - RM9.39

All Time High

RM9.39