Radium Development Berhad (5313) - Net Assets
Based on the latest financial reports, Radium Development Berhad (5313) has net assets worth RM864.87 Million MYR (≈ $217.14 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.64 Billion ≈ $410.67 Million USD) and total liabilities (RM770.84 Million ≈ $193.53 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. See how leveraged is Radium Development Berhad's balance sheet to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM864.87 Million |
| % of Total Assets | 52.87% |
| Annual Growth Rate | 31.98% |
| 5-Year Change | 128.84% |
| 10-Year Change | N/A |
| Growth Volatility | 38.1 |
Radium Development Berhad - Net Assets Trend (2019–2025)
This chart illustrates how Radium Development Berhad's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Radium Development Berhad (5313) market capitalisation.
Annual Net Assets for Radium Development Berhad (2019–2025)
The table below shows the annual net assets of Radium Development Berhad from 2019 to 2025. Also explore Radium Development Berhad net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM845.39 Million ≈ $212.25 Million |
+8.95% |
| 2024-12-31 | RM775.95 Million ≈ $194.81 Million |
-2.10% |
| 2023-12-31 | RM792.59 Million ≈ $198.99 Million |
+105.41% |
| 2022-12-31 | RM385.86 Million ≈ $96.88 Million |
+4.45% |
| 2021-12-31 | RM369.42 Million ≈ $92.75 Million |
+42.70% |
| 2020-12-31 | RM258.87 Million ≈ $64.99 Million |
+61.92% |
| 2019-12-31 | RM159.88 Million ≈ $40.14 Million |
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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 140.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM365.69 Million | 43.97% |
| Common Stock | RM465.94 Million | 56.03% |
| Total Equity | RM831.64 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 |
|---|---|
|
Vastned Retail Belgium
BR:VASTB
|
$478.89 Million |
|
Wall Financial Corporation
TO:WFC
|
$478.97 Million |
|
Anhui Transport Consulting &
SHG:603357
|
$479.06 Million |
|
Autolus Therapeutics plc
F:6A3A
|
$479.09 Million |
|
Guangzhou Jinzhong Auto Parts Manufacturing Co. Ltd.
SHE:301133
|
$478.84 Million |
|
Haixia Envrnmnt
SHG:603817
|
$478.84 Million |
|
Ledman Optoelectronic Co Ltd
SHE:300162
|
$478.82 Million |
|
Sichuan Etrol Technologies Co Ltd
SHE:300370
|
$478.74 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 2024 to 2025, total equity changed from 767,640,000 to 831,636,000, a change of 63,996,000 (8.3%).
- Net income of 98,606,000 contributed positively to equity growth.
- Dividend payments of 34,680,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM98.61 Million | +11.86% |
| Dividends Paid | RM34.68 Million | -4.17% |
| Other Changes | RM70.00K | +0.01% |
| Total Change | RM- | 8.34% |
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: 2.29x
- 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 12.54x to 2.29x 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 | RM0.55 | x |
| 2020-12-31 | RM0.07 | RM0.55 | x |
| 2021-12-31 | RM0.10 | RM0.55 | x |
| 2022-12-31 | RM0.11 | RM0.55 | x |
| 2023-12-31 | RM0.25 | RM0.55 | x |
| 2024-12-31 | RM0.22 | RM0.55 | x |
| 2025-12-31 | RM0.24 | RM0.55 | 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): 11.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.50%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.79x
- Recent ROE (11.86%) is below the historical average (27.37%), 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 |
| 2025 | 11.86% | 49.50% | 0.13x | 1.79x | RM15.44 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: $608,197,962
- Average return on equity (ROE) among peers: -1.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Radium Development Berhad (5313) | RM864.87 Million | 84.14% | 0.89x | $478.89 Million |
| Vinvest Capital Holdings Bhd (0069) | $447.72 Million | -15.35% | 0.28x | $3.65 Million |
| Gagasan Nadi Cergas Berhad (0206) | $441.26 Million | 5.73% | 1.10x | $56.72 Million |
| Vestland Berhad (0273) | $191.98 Million | 20.06% | 2.72x | $208.63 Million |
| Global Oriental Bhd (1147) | $281.91 Million | -35.14% | 2.60x | $9.70 Million |
| Pan Malaysia Holdings Bhd (1287) | $60.00 Million | -16.67% | 0.42x | $294.43 Million |
| GuocoLand (Malaysia) Bhd (1503) | $892.00 Million | 4.71% | 1.18x | $3.35 Million |
| Symphony Life Bhd (1538) | $512.00 Million | 16.99% | 1.06x | $29.75 Million |
| Iskandar Waterfront City Bhd (1589) | $777.03 Million | -3.59% | 1.00x | $49.72 Million |
| Paramount Corporation Bhd (1724) | $1.66 Billion | 4.53% | 0.88x | $156.36 Million |
| Selangor Dredging Bhd (2224) | $813.78 Million | 5.29% | 0.88x | $50.82 Million |
About Radium Development Berhad
Radium Development Berhad, an investment holding company, engages in the property development business in Malaysia. The company provides project management consultancy, and information technology related services, as well as operates in hotel business. The company was formerly known as Radium Development Sdn Bhd and changed its name to Radium Development Berhad in September 2021. The company was … Read more