Westports Holdings Bhd (5246) - Net Assets
Based on the latest financial reports, Westports Holdings Bhd (5246) has net assets worth RM3.90 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 (RM8.48 Billion) and total liabilities (RM4.58 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 | RM3.90 Billion |
| % of Total Assets | 45.94% |
| Annual Growth Rate | 7.94% |
| 5-Year Change | 34.94% |
| 10-Year Change | 101.13% |
| Growth Volatility | 2.67 |
Westports Holdings Bhd - Net Assets Trend (2010–2024)
This chart illustrates how Westports Holdings 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 Westports Holdings Bhd (2010–2024)
The table below shows the annual net assets of Westports Holdings Bhd from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM3.82 Billion | +8.45% |
| 2023-12-31 | RM3.52 Billion | +7.51% |
| 2022-12-31 | RM3.27 Billion | +4.72% |
| 2021-12-31 | RM3.13 Billion | +10.52% |
| 2020-12-31 | RM2.83 Billion | +10.50% |
| 2019-12-31 | RM2.56 Billion | +6.01% |
| 2018-12-31 | RM2.42 Billion | +6.17% |
| 2017-12-31 | RM2.27 Billion | +9.95% |
| 2016-12-31 | RM2.07 Billion | +9.00% |
| 2015-12-31 | RM1.90 Billion | +7.59% |
| 2014-12-31 | RM1.76 Billion | +9.99% |
| 2013-12-31 | RM1.60 Billion | +7.79% |
| 2012-12-31 | RM1.49 Billion | +12.02% |
| 2011-12-31 | RM1.33 Billion | +1.38% |
| 2010-12-31 | RM1.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Westports Holdings 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 282733400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM2.83 Billion | 74.06% |
| Common Stock | RM1.04 Billion | 27.19% |
| Total Equity | RM3.82 Billion | 100.00% |
Westports Holdings Bhd Competitors by Market Cap
The table below lists competitors of Westports Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangcha Group Co Ltd
SHG:603298
|
$4.85 Billion |
|
Seazen Holdings Co Ltd
SHG:601155
|
$4.86 Billion |
|
K92 Mining Inc
TO:KNT
|
$4.86 Billion |
|
Miniso Group Holding Ltd
NYSE:MNSO
|
$4.86 Billion |
|
Delek Group
TA:DLEKG
|
$4.85 Billion |
|
Ryan Specialty Group Holdings Inc
NYSE:RYAN
|
$4.85 Billion |
|
Mobile World Investment Corp
VN:MWG
|
$4.85 Billion |
|
Tauron Polska Energia S.A.
WAR:TPE
|
$4.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Westports Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,520,121,000 to 3,817,602,000, a change of 297,481,000 (8.5%).
- Net income of 897,982,000 contributed positively to equity growth.
- Dividend payments of 600,501,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM897.98 Million | +23.52% |
| Dividends Paid | RM600.50 Million | -15.73% |
| Total Change | RM- | 8.45% |
Book Value vs Market Value Analysis
This analysis compares Westports Holdings 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: 5.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.71x to 5.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | RM0.38 | RM5.65 | x |
| 2011-12-31 | RM0.39 | RM5.65 | x |
| 2012-12-31 | RM0.44 | RM5.65 | x |
| 2013-12-31 | RM0.51 | RM5.65 | x |
| 2014-12-31 | RM0.52 | RM5.65 | x |
| 2015-12-31 | RM0.56 | RM5.65 | x |
| 2016-12-31 | RM0.61 | RM5.65 | x |
| 2017-12-31 | RM0.67 | RM5.65 | x |
| 2018-12-31 | RM0.71 | RM5.65 | x |
| 2019-12-31 | RM0.75 | RM5.65 | x |
| 2020-12-31 | RM0.83 | RM5.65 | x |
| 2021-12-31 | RM0.92 | RM5.65 | x |
| 2022-12-31 | RM0.96 | RM5.65 | x |
| 2023-12-31 | RM1.03 | RM5.65 | x |
| 2024-12-31 | RM1.12 | RM5.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Westports Holdings 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): 23.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.31%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 2.04x
- Recent ROE (23.52%) is below the historical average (25.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 24.36% | 31.97% | 0.37x | 2.07x | RM188.20 Million |
| 2011 | 26.72% | 25.58% | 0.45x | 2.33x | RM222.09 Million |
| 2012 | 27.10% | 27.03% | 0.46x | 2.16x | RM254.49 Million |
| 2013 | 27.14% | 25.42% | 0.48x | 2.23x | RM274.91 Million |
| 2014 | 29.03% | 32.79% | 0.41x | 2.18x | RM335.78 Million |
| 2015 | 26.60% | 30.02% | 0.42x | 2.12x | RM315.05 Million |
| 2016 | 30.79% | 31.30% | 0.47x | 2.10x | RM430.09 Million |
| 2017 | 28.64% | 31.19% | 0.41x | 2.24x | RM424.04 Million |
| 2018 | 22.09% | 33.04% | 0.32x | 2.11x | RM291.97 Million |
| 2019 | 23.08% | 33.14% | 0.35x | 2.00x | RM334.87 Million |
| 2020 | 23.13% | 33.14% | 0.38x | 1.86x | RM371.57 Million |
| 2021 | 25.85% | 39.97% | 0.37x | 1.73x | RM495.54 Million |
| 2022 | 21.37% | 33.81% | 0.39x | 1.61x | RM372.14 Million |
| 2023 | 22.14% | 36.22% | 0.40x | 1.52x | RM427.42 Million |
| 2024 | 23.52% | 38.31% | 0.30x | 2.04x | RM516.22 Million |
Industry Comparison
This section compares Westports Holdings Bhd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $3,138,416,667
- Average return on equity (ROE) among peers: -18.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Westports Holdings Bhd (5246) | RM3.90 Billion | 24.36% | 1.18x | $4.85 Billion |
| MISC Bhd (3816) | $23.07 Billion | 9.66% | 0.66x | $9.16 Billion |
| Bintulu Port Holdings Bhd (5032) | $1.12 Billion | 11.42% | 1.56x | $617.88 Million |
| Malaysian Bulk Carriers Bhd (5077) | $1.23 Billion | -95.61% | 0.70x | $85.98 Million |
| Sealink International Bhd (5145) | $433.00 Million | -2.08% | 1.21x | $43.31 Million |
| Shin Yang Shipping Corporation Bhd (5173) | $1.17 Billion | 2.01% | 0.46x | $227.37 Million |
| EA Technique M Bhd (5259) | $37.51 Million | 53.44% | 13.15x | $101.56 Million |
| PDZ Holdings Bhd (6254) | $113.00 Million | 7.96% | 0.34x | $4.43 Million |
| Suria Capital Holdings Bhd (6521) | $1.02 Billion | 6.56% | 0.33x | $113.74 Million |
| HUBLine Bhd (7013) | $57.11 Million | -159.45% | 3.61x | $48.46 Million |
About Westports Holdings Bhd
Westports Holdings Berhad, an investment holding company, develops and manages ports. The company operates a port under the Westports name in Port Klang, Malaysia. Its port offers container cargo services; conventional services, including dry bulk, break bulk, liquid bulk, cement cargo, and roll-on-roll-off services; and marine services. The company also constructs and operates the terminal facil… Read more