Radium Development Berhad
Radium Development Berhad, an investment holding company, engages in the property development business in Malaysia. The company provides management consultancy services, as well as operates in hotel business. It is involved in information technology related activities. In addition, the company engages in project management related business. The company was formerly known as Radium Development Sdn… Read more
Radium Development Berhad (5313) - Net Assets
Latest net assets as of September 2025: RM881.46 Million MYR
Based on the latest financial reports, Radium Development Berhad (5313) has net assets worth RM881.46 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.49 Billion) and total liabilities (RM611.81 Million). 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 | RM881.46 Million |
| % of Total Assets | 59.03% |
| Annual Growth Rate | 37.14% |
| 5-Year Change | 199.74% |
| 10-Year Change | N/A |
| Growth Volatility | 39.42 |
Radium Development Berhad - Net Assets Trend (2019–2024)
This chart illustrates how Radium Development Berhad's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Radium Development Berhad (2019–2024)
The table below shows the annual net assets of Radium Development Berhad from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM775.95 Million | -2.10% |
| 2023-12-31 | RM792.59 Million | +105.41% |
| 2022-12-31 | RM385.86 Million | +4.45% |
| 2021-12-31 | RM369.42 Million | +42.70% |
| 2020-12-31 | RM258.87 Million | +61.92% |
| 2019-12-31 | RM159.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Radium Development 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 98.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM301.70 Million | 39.30% |
| Common Stock | RM465.94 Million | 60.70% |
| Total Equity | RM767.64 Million | 100.00% |
Radium Development Berhad Competitors by Market Cap
The table below lists competitors of Radium Development Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yao Sheng Electronic Co Ltd
TWO:3207
|
$104.41 Million |
|
Jadestone Energy plc
PINK:JDSEF
|
$104.41 Million |
|
Camuzzi Gas Pampeana SA
BA:CGPA2
|
$104.42 Million |
|
DUOL34
SA:DUOL34
|
$104.48 Million |
|
Apator S.A.
WAR:APT
|
$104.38 Million |
|
ACRES COM.RE.CORP.DL-001
F:R9L
|
$104.37 Million |
|
AK Sigorta AS
IS:AKGRT
|
$104.37 Million |
|
Pha Lai Thermal Power JSC
VN:PPC
|
$104.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Radium Development Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 788,270,000 to 767,640,000, a change of -20,630,000 (-2.6%).
- Net income of 14,050,000 contributed positively to equity growth.
- Dividend payments of 34,680,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM14.05 Million | +1.83% |
| Dividends Paid | RM34.68 Million | -4.52% |
| Total Change | RM- | -2.62% |
Book Value vs Market Value Analysis
This analysis compares Radium Development 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: 2.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.40x to 2.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | RM0.04 | RM0.50 | x |
| 2020-12-31 | RM0.07 | RM0.50 | x |
| 2021-12-31 | RM0.10 | RM0.50 | x |
| 2022-12-31 | RM0.11 | RM0.50 | x |
| 2023-12-31 | RM0.25 | RM0.50 | x |
| 2024-12-31 | RM0.22 | RM0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Radium Development 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): 1.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.19%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.25x
- Recent ROE (1.83%) is below the historical average (29.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 84.14% | 27.07% | 0.61x | 5.06x | RM112.79 Million |
| 2020 | 36.62% | 14.95% | 0.63x | 3.86x | RM63.89 Million |
| 2021 | 29.15% | 18.02% | 0.68x | 2.38x | RM66.74 Million |
| 2022 | 25.90% | 29.45% | 0.55x | 1.60x | RM60.83 Million |
| 2023 | 2.13% | 13.10% | 0.14x | 1.16x | RM-62.03 Million |
| 2024 | 1.83% | 9.19% | 0.16x | 1.25x | RM-62.71 Million |
Industry Comparison
This section compares Radium Development 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: $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 |
|---|---|---|---|---|
| Radium Development Berhad (5313) | RM881.46 Million | 84.14% | 0.69x | $104.38 Million |
| 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 |