IOI Properties Group Bhd
IOI Properties Group Berhad, an investment holding company, engages in the property development activities in Malaysia, Singapore, and the People's Republic of China. It operates in three segments: Property Development, Property Investment, and Hospitality and Leisure. The Property Development segment develops residential, commercial, and industrial properties. Its Property Investment segment inv… Read more
IOI Properties Group Bhd (5249) - Net Assets
Latest net assets as of September 2025: RM24.63 Billion MYR
Based on the latest financial reports, IOI Properties Group Bhd (5249) has net assets worth RM24.63 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 (RM53.44 Billion) and total liabilities (RM28.81 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 | RM24.63 Billion |
| % of Total Assets | 46.08% |
| Annual Growth Rate | 12.87% |
| 5-Year Change | 24.36% |
| 10-Year Change | 53.11% |
| Growth Volatility | 25.1 |
IOI Properties Group Bhd - Net Assets Trend (2011–2025)
This chart illustrates how IOI Properties Group 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 IOI Properties Group Bhd (2011–2025)
The table below shows the annual net assets of IOI Properties Group Bhd from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM24.52 Billion | +1.02% |
| 2024-06-30 | RM24.27 Billion | +8.17% |
| 2023-06-30 | RM22.44 Billion | +8.88% |
| 2022-06-30 | RM20.61 Billion | +4.52% |
| 2021-06-30 | RM19.72 Billion | +2.96% |
| 2020-06-30 | RM19.15 Billion | +0.83% |
| 2019-06-30 | RM18.99 Billion | +2.80% |
| 2018-06-30 | RM18.48 Billion | -0.06% |
| 2017-06-30 | RM18.49 Billion | +15.44% |
| 2016-06-30 | RM16.02 Billion | +18.30% |
| 2015-06-30 | RM13.54 Billion | +19.79% |
| 2014-06-30 | RM11.30 Billion | +9.06% |
| 2013-06-30 | RM10.36 Billion | +102.39% |
| 2012-06-30 | RM5.12 Billion | +13.69% |
| 2011-06-30 | RM4.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to IOI Properties Group 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 83.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM5.54 Billion | 22.67% |
| Common Stock | RM18.51 Billion | 75.79% |
| Other Comprehensive Income | RM376.46 Million | 1.54% |
| Total Equity | RM24.43 Billion | 100.00% |
IOI Properties Group Bhd Competitors by Market Cap
The table below lists competitors of IOI Properties Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Haixin Group Co Ltd A
SHG:600851
|
$1.07 Billion |
|
MNYFF
PINK:MNYFF
|
$1.07 Billion |
|
Solar Applied Materials Technology
TWO:1785
|
$1.07 Billion |
|
Shanghai New Vision Microelectronics Co. Ltd. A
SHG:688593
|
$1.07 Billion |
|
SPIC Dongfang New Energy Corp
SHE:000958
|
$1.07 Billion |
|
PT Gudang Garam Tbk
PINK:GDNGY
|
$1.07 Billion |
|
TRIUMPH FINANCIAL DL-01
F:2THA
|
$1.07 Billion |
|
Befesa SA
XETRA:BFSA
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IOI Properties Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,140,470,000 to 24,428,785,000, a change of 288,315,000 (1.2%).
- Net income of 1,064,009,000 contributed positively to equity growth.
- Dividend payments of 275,307,000 reduced retained earnings.
- Other comprehensive income decreased equity by 500,387,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.06 Billion | +4.36% |
| Dividends Paid | RM275.31 Million | -1.13% |
| Other Comprehensive Income | RM-500.39 Million | -2.05% |
| Total Change | RM- | 1.19% |
Book Value vs Market Value Analysis
This analysis compares IOI Properties Group 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: 0.77x
- 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 2.76x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | RM1.23 | RM3.40 | x |
| 2012-06-30 | RM1.40 | RM3.40 | x |
| 2013-06-30 | RM2.88 | RM3.40 | x |
| 2014-06-30 | RM3.73 | RM3.40 | x |
| 2015-06-30 | RM3.62 | RM3.40 | x |
| 2016-06-30 | RM3.68 | RM3.40 | x |
| 2017-06-30 | RM3.65 | RM3.40 | x |
| 2018-06-30 | RM3.33 | RM3.40 | x |
| 2019-06-30 | RM3.42 | RM3.40 | x |
| 2020-06-30 | RM3.45 | RM3.40 | x |
| 2021-06-30 | RM3.55 | RM3.40 | x |
| 2022-06-30 | RM3.71 | RM3.40 | x |
| 2023-06-30 | RM4.05 | RM3.40 | x |
| 2024-06-30 | RM4.38 | RM3.40 | x |
| 2025-06-30 | RM4.44 | RM3.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IOI Properties Group 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): 4.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.75%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.92x
- Recent ROE (4.36%) is below the historical average (6.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 16.43% | 61.93% | 0.22x | 1.18x | RM283.92 Million |
| 2012 | 11.95% | 57.00% | 0.16x | 1.29x | RM97.92 Million |
| 2013 | 6.71% | 52.42% | 0.11x | 1.16x | RM-339.92 Million |
| 2014 | 7.94% | 61.19% | 0.10x | 1.31x | RM-230.34 Million |
| 2015 | 6.63% | 46.72% | 0.10x | 1.37x | RM-452.02 Million |
| 2016 | 6.80% | 35.70% | 0.13x | 1.44x | RM-508.49 Million |
| 2017 | 5.05% | 22.00% | 0.12x | 1.84x | RM-901.93 Million |
| 2018 | 4.28% | 28.06% | 0.09x | 1.79x | RM-1.05 Billion |
| 2019 | 3.51% | 30.09% | 0.07x | 1.74x | RM-1.22 Billion |
| 2020 | 2.66% | 23.85% | 0.06x | 1.73x | RM-1.39 Billion |
| 2021 | 3.38% | 26.53% | 0.07x | 1.71x | RM-1.30 Billion |
| 2022 | 3.36% | 26.51% | 0.07x | 1.93x | RM-1.36 Billion |
| 2023 | 6.25% | 53.72% | 0.06x | 1.91x | RM-836.21 Million |
| 2024 | 8.54% | 70.14% | 0.06x | 1.91x | RM-352.25 Million |
| 2025 | 4.36% | 34.75% | 0.07x | 1.92x | RM-1.38 Billion |
Industry Comparison
This section compares IOI Properties Group Bhd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $565,025,416
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IOI Properties Group Bhd (5249) | RM24.63 Billion | 16.43% | 1.17x | $1.07 Billion |
| Vinvest Capital Holdings Bhd (0069) | $581.54 Million | 0.67% | 0.36x | $2.71 Million |
| Gagasan Nadi Cergas Berhad (0206) | $442.13 Million | -0.76% | 1.23x | $7.59 Million |
| Vestland Berhad (0273) | $46.45 Million | 22.90% | 2.63x | $15.49 Million |
| KTI (0308) | $127.30 Million | 12.27% | 0.83x | $5.35 Million |
| Global Oriental Bhd (1147) | $255.86 Million | 5.65% | 2.56x | $4.63 Million |
| GuocoLand (Malaysia) Bhd (1503) | $892.00 Million | 4.71% | 1.18x | $21.92 Million |
| Symphony Life Bhd (1538) | $916.62 Million | -0.87% | 0.32x | $11.92 Million |
| Iskandar Waterfront City Bhd (1589) | $812.33 Million | 5.62% | 1.19x | $27.36 Million |
| Paramount Corporation Bhd (1724) | $727.00 Million | 7.43% | 0.79x | $69.73 Million |
| Selangor Dredging Bhd (2224) | $849.02 Million | 2.88% | 0.71x | $9.77 Million |