FARM FRESH BERHAD (5306) - Net Assets
Based on the latest financial reports, FARM FRESH BERHAD (5306) has net assets worth RM780.63 Million MYR (≈ $195.99 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.50 Billion ≈ $375.42 Million USD) and total liabilities (RM714.65 Million ≈ $179.43 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 5306 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM780.63 Million |
| % of Total Assets | 52.21% |
| Annual Growth Rate | 29.04% |
| 5-Year Change | 202.07% |
| 10-Year Change | N/A |
| Growth Volatility | 52.94 |
FARM FRESH BERHAD - Net Assets Trend (2019–2025)
This chart illustrates how FARM FRESH BERHAD's net assets have evolved over time, based on quarterly financial data. Also explore 5306 total asset value for the complete picture of this company's asset base.
Annual Net Assets for FARM FRESH BERHAD (2019–2025)
The table below shows the annual net assets of FARM FRESH BERHAD from 2019 to 2025. For live valuation and market cap data, see 5306 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM728.08 Million ≈ $182.80 Million |
+5.07% |
| 2024-03-31 | RM692.97 Million ≈ $173.98 Million |
+8.97% |
| 2023-03-31 | RM635.90 Million ≈ $159.65 Million |
+4.08% |
| 2022-03-31 | RM610.96 Million ≈ $153.39 Million |
+153.48% |
| 2021-03-31 | RM241.03 Million ≈ $60.51 Million |
+21.88% |
| 2020-03-31 | RM197.77 Million ≈ $49.65 Million |
+25.42% |
| 2019-03-31 | RM157.68 Million ≈ $39.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to FARM FRESH BERHAD'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 408.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM363.21 Million | 51.88% |
| Common Stock | RM404.85 Million | 57.82% |
| Total Equity | RM700.13 Million | 100.00% |
FARM FRESH BERHAD Competitors by Market Cap
The table below lists competitors of FARM FRESH BERHAD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Primax Electronics Ltd
TW:4915
|
$1.06 Billion |
|
RITES Limited
NSE:RITES
|
$1.06 Billion |
|
Shanghai Hugong Elec(Group)
SHG:603131
|
$1.06 Billion |
|
Total Gabon
F:RZW
|
$1.06 Billion |
|
Prospect Capital Corporation
NASDAQ:PSEC
|
$1.06 Billion |
|
Tekla Healthcare Investors
NYSE:HQH
|
$1.06 Billion |
|
Suzhou GYZ Electronic Technology Co. Ltd. A
SHG:688260
|
$1.06 Billion |
|
Shenzhen Minkave Technology Co Ltd
SHE:300506
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FARM FRESH BERHAD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 666,413,000 to 700,132,000, a change of 33,719,000 (5.1%).
- Net income of 106,395,000 contributed positively to equity growth.
- Dividend payments of 41,229,000 reduced retained earnings.
- Share repurchases of 4,384,000 reduced equity.
- New share issuances of 4,384,000 increased equity.
- Other comprehensive income increased equity by 31,153,999.
- Other factors decreased equity by 62,600,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM106.39 Million | +15.2% |
| Dividends Paid | RM41.23 Million | -5.89% |
| Share Repurchases | RM4.38 Million | -0.63% |
| Share Issuances | RM4.38 Million | +0.63% |
| Other Comprehensive Income | RM31.15 Million | +4.45% |
| Other Changes | RM-62.60 Million | -8.94% |
| Total Change | RM- | 5.06% |
Book Value vs Market Value Analysis
This analysis compares FARM FRESH BERHAD'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: 6.04x
- 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 26.51x to 6.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | RM0.08 | RM2.25 | x |
| 2020-03-31 | RM0.10 | RM2.25 | x |
| 2021-03-31 | RM0.13 | RM2.25 | x |
| 2022-03-31 | RM0.37 | RM2.25 | x |
| 2023-03-31 | RM0.34 | RM2.25 | x |
| 2024-03-31 | RM0.36 | RM2.25 | x |
| 2025-03-31 | RM0.37 | RM2.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FARM FRESH BERHAD 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): 15.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.84%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.93x
- Recent ROE (15.20%) is above the historical average (13.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 17.40% | 15.39% | 0.65x | 1.74x | RM11.67 Million |
| 2020 | 18.61% | 11.62% | 0.73x | 2.18x | RM16.29 Million |
| 2021 | 15.44% | 7.39% | 0.79x | 2.65x | RM12.76 Million |
| 2022 | 13.18% | 15.92% | 0.50x | 1.67x | RM19.29 Million |
| 2023 | 7.94% | 7.95% | 0.59x | 1.68x | RM-13.02 Million |
| 2024 | 9.53% | 7.84% | 0.63x | 1.92x | RM-3.11 Million |
| 2025 | 15.20% | 10.84% | 0.73x | 1.93x | RM36.38 Million |
Industry Comparison
This section compares FARM FRESH BERHAD's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $731,118,650
- Average return on equity (ROE) among peers: 18.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FARM FRESH BERHAD (5306) | RM780.63 Million | 17.40% | 0.92x | $1.06 Billion |
| Three A Resources Bhd (0012) | $348.17 Million | 8.45% | 0.17x | $86.02 Million |
| Sunzen Biotech Bhd (0148) | $97.23 Million | -0.13% | 0.09x | $45.14 Million |
| Bioalpha Holdings Bhd (0179) | $97.99 Million | 8.66% | 0.16x | $5.30 Million |
| Nova Wellness Group Bhd (0201) | $109.78 Million | 7.17% | 0.09x | $27.21 Million |
| SDS Group Bhd (0212) | $71.91 Million | 10.11% | 0.93x | $60.59 Million |
| PTRB (0260) | $209.41 Million | 5.85% | 0.79x | $39.63 Million |
| MYMBN Berhad (0280) | $10.79 Million | 62.41% | 0.50x | $9.21 Million |
| SBH Marine Holdings Berhad (0300) | $73.93 Million | 17.64% | 0.36x | $32.33 Million |
| OB Holdings Berhad (0327) | $58.86 Million | 9.34% | 0.34x | $20.16 Million |
| IOI Corporation Bhd (1961) | $6.23 Billion | 54.11% | 1.46x | $6.38 Billion |
About FARM FRESH BERHAD
Farm Fresh Berhad, together with its subsidiaries, engages in the production, marketing, and sale of cow's milk and plant-based related products in Malaysia, Australia, Singapore, and internationally. The company's products portfolio includes fresh milk, flavored milk, farm fresh grow, yoghurt and yoghurt drinks, goat milk, and other products; plant-based alternatives, such as soy, almond, and oa… Read more