KIP Real Estate Investment Trust (5280) - Net Assets
Based on the latest financial reports, KIP Real Estate Investment Trust (5280) has net assets worth RM1.03 Billion MYR (≈ $257.86 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.75 Billion ≈ $440.62 Million USD) and total liabilities (RM727.93 Million ≈ $182.76 Million 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 5280 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM1.03 Billion |
| % of Total Assets | 58.52% |
| Annual Growth Rate | 6.81% |
| 5-Year Change | 74.17% |
| 10-Year Change | N/A |
| Growth Volatility | 10.45 |
KIP Real Estate Investment Trust - Net Assets Trend (2016–2025)
This chart illustrates how KIP Real Estate Investment Trust's net assets have evolved over time, based on quarterly financial data. Also explore KIP Real Estate Investment Trust assets under control for the complete picture of this company's asset base.
Annual Net Assets for KIP Real Estate Investment Trust (2016–2025)
The table below shows the annual net assets of KIP Real Estate Investment Trust from 2016 to 2025. For live valuation and market cap data, see 5280 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM894.15 Million ≈ $224.49 Million |
+31.95% |
| 2024-06-30 | RM677.63 Million ≈ $170.13 Million |
+2.68% |
| 2023-06-30 | RM659.97 Million ≈ $165.70 Million |
+19.02% |
| 2022-06-30 | RM554.53 Million ≈ $139.22 Million |
+8.02% |
| 2021-06-30 | RM513.38 Million ≈ $128.89 Million |
+0.69% |
| 2020-06-30 | RM509.84 Million ≈ $128.00 Million |
+0.14% |
| 2019-06-30 | RM509.13 Million ≈ $127.83 Million |
+0.43% |
| 2018-06-30 | RM506.95 Million ≈ $127.28 Million |
+0.51% |
| 2017-06-30 | RM504.40 Million ≈ $126.64 Million |
+2.02% |
| 2016-06-30 | RM494.39 Million ≈ $124.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KIP Real Estate Investment Trust'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 16365500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM163.66 Million | 18.30% |
| Common Stock | RM730.50 Million | 81.70% |
| Total Equity | RM894.15 Million | 100.00% |
KIP Real Estate Investment Trust Competitors by Market Cap
The table below lists competitors of KIP Real Estate Investment Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magni Tech Industries Bhd
KLSE:7087
|
$204.59 Million |
|
Batulicin Nusantara Maritim Tbk PT
JK:BESS
|
$204.62 Million |
|
Eaton Vance Municipal Income Term Closed Fund
NYSE:ETX
|
$204.70 Million |
|
Gaon Group Ltd
TA:GAGR
|
$204.74 Million |
|
Aviat Networks Inc
NASDAQ:AVNW
|
$204.57 Million |
|
Excelliance MOS
TWO:5299
|
$204.42 Million |
|
Acsion Ltd
JSE:ACS
|
$204.31 Million |
|
I-MAB SPONS.ADS/1 -0001
F:0VY
|
$204.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KIP Real Estate Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 677,629,000 to 894,151,000, a change of 216,522,000 (32.0%).
- Net income of 115,135,000 contributed positively to equity growth.
- Dividend payments of 45,483,000 reduced retained earnings.
- Share repurchases of 148,500,000 reduced equity.
- New share issuances of 148,500,000 increased equity.
- Other factors increased equity by 146,870,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM115.14 Million | +12.88% |
| Dividends Paid | RM45.48 Million | -5.09% |
| Share Repurchases | RM148.50 Million | -16.61% |
| Share Issuances | RM148.50 Million | +16.61% |
| Other Changes | RM146.87 Million | +16.43% |
| Total Change | RM- | 31.95% |
Book Value vs Market Value Analysis
This analysis compares KIP Real Estate Investment Trust'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: 0.76x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | RM1.00 | RM0.85 | x |
| 2018-06-30 | RM1.00 | RM0.85 | x |
| 2019-06-30 | RM1.01 | RM0.85 | x |
| 2020-06-30 | RM1.01 | RM0.85 | x |
| 2021-06-30 | RM1.02 | RM0.85 | x |
| 2022-06-30 | RM1.10 | RM0.85 | x |
| 2023-06-30 | RM1.09 | RM0.85 | x |
| 2024-06-30 | RM1.10 | RM0.85 | x |
| 2025-06-30 | RM1.12 | RM0.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KIP Real Estate Investment Trust 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): 12.88%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 84.58%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.76x
- Recent ROE (12.88%) is above the historical average (8.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.54% | 65.63% | 0.11x | 1.21x | RM-7.20 Million |
| 2017 | 2.91% | 55.64% | 0.04x | 1.22x | RM-35.78 Million |
| 2018 | 7.42% | 59.91% | 0.10x | 1.22x | RM-13.09 Million |
| 2019 | 6.69% | 53.99% | 0.10x | 1.24x | RM-16.86 Million |
| 2020 | 6.25% | 42.77% | 0.09x | 1.65x | RM-19.10 Million |
| 2021 | 6.86% | 47.44% | 0.09x | 1.65x | RM-16.12 Million |
| 2022 | 13.62% | 102.45% | 0.08x | 1.60x | RM20.06 Million |
| 2023 | 9.21% | 72.59% | 0.08x | 1.55x | RM-5.21 Million |
| 2024 | 6.98% | 46.31% | 0.09x | 1.68x | RM-20.45 Million |
| 2025 | 12.88% | 84.58% | 0.09x | 1.76x | RM25.72 Million |
Industry Comparison
This section compares KIP Real Estate Investment Trust's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $2,678,138,188
- Average return on equity (ROE) among peers: 9.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KIP Real Estate Investment Trust (5280) | RM1.03 Billion | 8.54% | 0.71x | $204.58 Million |
| Hektar Real Estate Investment Trust (5121) | $576.35 Million | -4.14% | 1.18x | $78.35 Million |
| Sunway Real Estate Investment Trust (5176) | $3.51 Billion | 11.19% | 0.50x | $1.99 Billion |
| CapitaLand Malaysia Mall Trust (5180) | $2.29 Billion | 10.33% | 0.49x | $523.82 Million |
| Pavilion Real Estate Inv Trust (5212) | $3.30 Billion | 19.11% | 0.28x | $1.71 Billion |
| IGB Real Estate Investment Trust (5227) | $3.72 Billion | 9.22% | 0.41x | $2.50 Billion |
About KIP Real Estate Investment Trust
KIP Real Estate Investment Trust was listed on the Main Market of Bursa Malaysia Securities Berhad on 6 February 2017, with its principal activity being investing in a portfolio of retail real estate properties. All properties are strategically located in suburban areas, concentrated in residential, commercial, and industrial zones within a five-kilometre radius of catchment areas. Following a ch… Read more