Sime Darby Property Bhd (5288) - Net Assets

Latest as of September 2025: RM10.74 Billion MYR ≈ $2.70 Billion USD

Based on the latest financial reports, Sime Darby Property Bhd (5288) has net assets worth RM10.74 Billion MYR (≈ $2.70 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 (RM18.38 Billion ≈ $4.61 Billion USD) and total liabilities (RM7.64 Billion ≈ $1.92 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 5288 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets RM10.74 Billion
% of Total Assets 58.44%
Annual Growth Rate 10.43%
5-Year Change 13.0%
10-Year Change 90.56%
Growth Volatility 23.6

Sime Darby Property Bhd - Net Assets Trend (2013–2024)

This chart illustrates how Sime Darby Property Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 5288 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Sime Darby Property Bhd (2013–2024)

The table below shows the annual net assets of Sime Darby Property Bhd from 2013 to 2024. For live valuation and market cap data, see 5288 market cap.

Year Net Assets Change
2024-12-31 RM10.50 Billion
≈ $2.64 Billion		 +2.08%
2023-12-31 RM10.28 Billion
≈ $2.58 Billion		 +6.62%
2022-12-31 RM9.64 Billion
≈ $2.42 Billion		 +3.41%
2021-12-31 RM9.33 Billion
≈ $2.34 Billion		 +0.40%
2020-12-31 RM9.29 Billion
≈ $2.33 Billion		 -6.64%
2019-12-31 RM9.95 Billion
≈ $2.50 Billion		 +8.04%
2018-12-31 RM9.21 Billion
≈ $2.31 Billion		 -7.59%
2017-12-31 RM9.97 Billion
≈ $2.50 Billion		 +0.70%
2016-12-31 RM9.90 Billion
≈ $2.48 Billion		 +79.65%
2015-12-31 RM5.51 Billion
≈ $1.38 Billion		 +25.89%
2014-12-31 RM4.38 Billion
≈ $1.10 Billion		 +24.19%
2013-12-31 RM3.52 Billion
≈ $884.59 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Sime Darby Property 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 369.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings RM3.32 Billion 32.36%
Common Stock RM6.80 Billion 66.25%
Other Comprehensive Income RM143.14 Million 1.39%
Total Equity RM10.27 Billion 100.00%

Sime Darby Property Bhd Competitors by Market Cap

The table below lists competitors of Sime Darby Property Bhd ranked by their market capitalization.

Company Market Cap
Lafarge Malayan Cement Bhd
KLSE:3794
 $2.43 Billion
Aoshikang Technology Co Ltd Class A
SHE:002913
 $2.43 Billion
Hub Group Inc
NASDAQ:HUBG
 $2.43 Billion
Schouw & Co.
CO:SCHO
 $2.43 Billion
Tecnicas Reunidas
MC:TRE
 $2.42 Billion
GCS Holdings
TWO:4991
 $2.42 Billion
Sopra Steria Group SA
PA:SOP
 $2.42 Billion
Bufab Holding AB
ST:BUFAB
 $2.42 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sime Darby Property Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 10,057,096,000 to 10,265,638,000, a change of 208,542,000 (2.1%).
  • Net income of 502,203,000 contributed positively to equity growth.
  • Dividend payments of 204,026,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 89,635,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM502.20 Million +4.89%
Dividends Paid RM204.03 Million -1.99%
Other Comprehensive Income RM-89.64 Million -0.87%
Total Change RM- 2.07%

Book Value vs Market Value Analysis

This analysis compares Sime Darby Property 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: 0.94x
  • 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 2.26x to 0.94x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 RM0.63 RM1.42 x
2015-12-31 RM0.78 RM1.42 x
2016-12-31 RM1.42 RM1.42 x
2017-12-31 RM1.69 RM1.42 x
2018-12-31 RM1.35 RM1.42 x
2019-12-31 RM1.43 RM1.42 x
2020-12-31 RM1.34 RM1.42 x
2021-12-31 RM1.34 RM1.42 x
2022-12-31 RM1.40 RM1.42 x
2023-12-31 RM1.48 RM1.42 x
2024-12-31 RM1.51 RM1.42 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sime Darby Property 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): 4.89%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.81%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 1.61x
  • Recent ROE (4.89%) is above the historical average (4.67%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 14.52% 19.05% 0.29x 2.65x RM192.84 Million
2015 16.37% 33.71% 0.20x 2.43x RM339.84 Million
2016 6.48% 24.33% 0.18x 1.50x RM-338.95 Million
2017 6.57% 27.20% 0.16x 1.52x RM-333.45 Million
2018 -6.92% -25.11% 0.17x 1.64x RM-1.56 Billion
2019 6.16% 18.82% 0.21x 1.59x RM-373.64 Million
2020 -5.66% -25.00% 0.14x 1.64x RM-1.43 Billion
2021 1.61% 6.62% 0.15x 1.67x RM-767.25 Million
2022 3.32% 11.52% 0.18x 1.60x RM-636.13 Million
2023 4.06% 11.87% 0.22x 1.58x RM-597.80 Million
2024 4.89% 11.81% 0.26x 1.61x RM-524.36 Million

Industry Comparison

This section compares Sime Darby Property 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: $675,768,578
  • Average return on equity (ROE) among peers: 3.17%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sime Darby Property Bhd (5288) RM10.74 Billion 14.52% 0.71x $2.42 Billion
Vinvest Capital Holdings Bhd (0069) $321.83 Million 2.73% 0.28x $4.87 Million
Gagasan Nadi Cergas Berhad (0206) $445.50 Million 0.78% 1.19x $66.17 Million
Vestland Berhad (0273) $153.46 Million 18.09% 2.14x $138.69 Million
Global Oriental Bhd (1147) $255.86 Million 5.65% 2.56x $10.84 Million
Pan Malaysia Holdings Bhd (1287) $29.94 Million -0.21% 0.72x $186.57 Million
GuocoLand (Malaysia) Bhd (1503) $1.32 Billion 2.00% 0.78x $181.65 Million
Symphony Life Bhd (1538) $950.00 Million 0.90% 0.20x $33.15 Million
Iskandar Waterfront City Bhd (1589) $777.03 Million -3.59% 1.00x $58.97 Million
Paramount Corporation Bhd (1724) $1.66 Billion 4.53% 0.88x $157.92 Million
Selangor Dredging Bhd (2224) $843.13 Million 0.80% 0.60x $44.93 Million

About Sime Darby Property Bhd

KLSE:5288 Malaysia Real Estate - Development
Market Cap
$2.42 Billion
RM9.66 Billion MYR
Market Cap Rank
#5567 Global
#45 in Malaysia
Share Price
RM1.42
Change (1 day)
-2.07%
52-Week Range
RM1.23 - RM1.59
All Time High
RM1.74
Categories
Companies in Malaysia Real Estate - Development
About

Sime Darby Property Berhad, an investment holding company, engages in the property development business in Malaysia, Singapore, and the United Kingdom. It operates through three segments: Property Development, Investment, and Asset Management and Leisure. It develops residential, commercial, and industrial properties; leases properties; and provides assets management services, as well as offers g… Read more