Kumpulan Kitacon Berhad (5310) - Net Assets
Based on the latest financial reports, Kumpulan Kitacon Berhad (5310) has net assets worth RM375.08 Million MYR (≈ $94.17 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM775.09 Million ≈ $194.60 Million USD) and total liabilities (RM400.01 Million ≈ $100.43 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 financial resilience of Kumpulan Kitacon Berhad to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM375.08 Million |
| % of Total Assets | 48.39% |
| Annual Growth Rate | 7.44% |
| 5-Year Change | 103.41% |
| 10-Year Change | N/A |
| Growth Volatility | 22.03 |
Kumpulan Kitacon Berhad - Net Assets Trend (2020–2025)
This chart illustrates how Kumpulan Kitacon Berhad's net assets have evolved over time, based on quarterly financial data. Also explore Kumpulan Kitacon Berhad asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Kumpulan Kitacon Berhad (2020–2025)
The table below shows the annual net assets of Kumpulan Kitacon Berhad from 2020 to 2025. For live valuation and market cap data, see 5310 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM375.08 Million ≈ $94.17 Million |
+12.02% |
| 2024-12-31 | RM334.83 Million ≈ $84.06 Million |
+12.72% |
| 2023-12-31 | RM297.05 Million ≈ $74.58 Million |
+38.35% |
| 2022-12-31 | RM214.71 Million ≈ $53.91 Million |
+16.43% |
| 2021-12-31 | RM184.40 Million ≈ $46.30 Million |
-29.64% |
| 2020-12-31 | RM262.07 Million ≈ $65.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kumpulan Kitacon 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 20.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM290.47 Million | 77.44% |
| Other Components | RM84.61 Million | 22.56% |
| Total Equity | RM375.08 Million | 100.00% |
Kumpulan Kitacon Berhad Competitors by Market Cap
The table below lists competitors of Kumpulan Kitacon Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yojee Ltd
AU:YOJ
|
$86.77 Million |
|
Sergeferrari G
PA:SEFER
|
$86.82 Million |
|
GBM Resources Limited
AU:GBM
|
$86.83 Million |
|
Escort Teknoloji Yatirim AS
IS:ESCOM
|
$86.83 Million |
|
Insight Molecular Diagnostics Inc.
NASDAQ:IMDX
|
$86.66 Million |
|
Mangold Fondkommission AB
ST:MANG
|
$86.65 Million |
|
Gowing Bros Ltd
AU:GOW
|
$86.57 Million |
|
Pyxis Oncology Inc
NASDAQ:PYXS
|
$86.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kumpulan Kitacon Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 334,826,618 to 375,082,000, a change of 40,255,382 (12.0%).
- Net income of 51,496,000 contributed positively to equity growth.
- Dividend payments of 15,010,000 reduced retained earnings.
- New share issuances of 231,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM51.50 Million | +13.73% |
| Dividends Paid | RM15.01 Million | -4.0% |
| Share Issuances | RM231.00K | +0.06% |
| Other Changes | RM3.54 Million | +0.94% |
| Total Change | RM- | 12.02% |
Book Value vs Market Value Analysis
This analysis compares Kumpulan Kitacon 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: 0.92x
- 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 1.32x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | RM0.52 | RM0.69 | x |
| 2021-12-31 | RM0.37 | RM0.69 | x |
| 2022-12-31 | RM0.43 | RM0.69 | x |
| 2023-12-31 | RM0.59 | RM0.69 | x |
| 2024-12-31 | RM0.67 | RM0.69 | x |
| 2025-12-31 | RM0.75 | RM0.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kumpulan Kitacon 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): 13.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.41%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 2.07x
- Recent ROE (13.73%) is below the historical average (16.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 14.96% | 8.01% | 0.98x | 1.90x | RM12.99 Million |
| 2021 | 22.69% | 9.18% | 1.01x | 2.45x | RM23.39 Million |
| 2022 | 18.77% | 8.26% | 1.19x | 1.90x | RM18.83 Million |
| 2023 | 12.24% | 4.66% | 1.38x | 1.90x | RM6.66 Million |
| 2024 | 15.76% | 5.56% | 1.40x | 2.02x | RM19.29 Million |
| 2025 | 13.73% | 6.41% | 1.04x | 2.07x | RM13.99 Million |
Industry Comparison
This section compares Kumpulan Kitacon Berhad's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $605,697,368
- Average return on equity (ROE) among peers: 5.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kumpulan Kitacon Berhad (5310) | RM375.08 Million | 14.96% | 1.07x | $86.68 Million |
| Vinvest Capital Holdings Bhd (0069) | $536.55 Million | -12.71% | 0.29x | $4.87 Million |
| Gagasan Nadi Cergas Berhad (0206) | $306.56 Million | 24.02% | 1.53x | $66.17 Million |
| Vestland Berhad (0273) | $35.81 Million | 19.57% | 2.38x | $138.69 Million |
| Global Oriental Bhd (1147) | $461.93 Million | 8.40% | 1.09x | $10.84 Million |
| Pan Malaysia Holdings Bhd (1287) | $47.90 Million | -2.72% | 0.45x | $186.57 Million |
| GuocoLand (Malaysia) Bhd (1503) | $1.39 Billion | 4.78% | 1.04x | $181.65 Million |
| Symphony Life Bhd (1538) | $609.57 Million | 5.22% | 0.96x | $33.15 Million |
| Iskandar Waterfront City Bhd (1589) | $719.54 Million | -2.64% | 0.91x | $58.97 Million |
| Paramount Corporation Bhd (1724) | $1.13 Billion | 7.82% | 0.78x | $157.92 Million |
| Selangor Dredging Bhd (2224) | $813.78 Million | 5.29% | 0.88x | $44.93 Million |
About Kumpulan Kitacon Berhad
Kumpulan Kitacon Berhad, an investment holding company, provides construction services in Malaysia. The company involved in the construction of residential buildings, including terrace, semi-detached, detached, cluster, and townhouses; and non-residential buildings comprising commercial, industrial, purpose-built, and institutional buildings. It also provides other related services, such as earth… Read more