DXN HOLDINGS BHD. (5318) - Net Assets
Based on the latest financial reports, DXN HOLDINGS BHD. (5318) has net assets worth RM1.44 Billion MYR (≈ $360.58 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.16 Billion ≈ $542.00 Million USD) and total liabilities (RM722.60 Million ≈ $181.42 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. For live market cap and overall valuation, see 5318 stock market capitalisation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM1.44 Billion |
| % of Total Assets | 66.53% |
| Annual Growth Rate | 12.44% |
| 5-Year Change | 76.95% |
| 10-Year Change | N/A |
| Growth Volatility | 16.49 |
DXN HOLDINGS BHD. - Net Assets Trend (2020–2026)
This chart illustrates how DXN HOLDINGS BHD.'s net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for DXN HOLDINGS BHD. (2020–2026)
The table below shows the annual net assets of DXN HOLDINGS BHD. from 2020 to 2026. See DXN HOLDINGS BHD. balance sheet independence to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | RM1.44 Billion ≈ $360.58 Million |
+6.40% |
| 2025-02-28 | RM1.35 Billion ≈ $338.88 Million |
-0.63% |
| 2024-02-29 | RM1.36 Billion ≈ $341.01 Million |
+32.50% |
| 2023-02-28 | RM1.03 Billion ≈ $257.38 Million |
+26.31% |
| 2022-02-28 | RM811.62 Million ≈ $203.77 Million |
+28.89% |
| 2021-02-28 | RM629.69 Million ≈ $158.09 Million |
-11.40% |
| 2020-02-29 | RM710.69 Million ≈ $178.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DXN HOLDINGS 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 104.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.27 Billion | 92.71% |
| Common Stock | RM214.62 Million | 15.73% |
| Other Comprehensive Income | RM-107.12 Million | -7.85% |
| Total Equity | RM1.36 Billion | 100.00% |
DXN HOLDINGS BHD. Competitors by Market Cap
The table below lists competitors of DXN HOLDINGS BHD. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vibhavadi Medical Center Public Company Limited
BK:VIBHA
|
$571.62 Million |
|
Yunnan Yunwei Co Ltd Class A
SHG:600725
|
$571.71 Million |
|
Mastek Limited
NSE:MASTEK
|
$571.72 Million |
|
Global PMX Co Ltd
TW:4551
|
$571.74 Million |
|
Hubei Kailong Chemical Group Co Ltd
SHE:002783
|
$571.37 Million |
|
Lionco Pharm Grp Co Ltd
SHG:603669
|
$571.22 Million |
|
Hainan Shuangcheng Pharmaceut
SHE:002693
|
$571.02 Million |
|
Client Service International Inc
SHE:300663
|
$570.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DXN HOLDINGS BHD.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,270,810,000 to 1,364,708,000, a change of 93,898,000 (7.4%).
- Net income of 271,520,000 contributed positively to equity growth.
- Dividend payments of 227,336,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,426,001.
- Other factors increased equity by 52,140,001.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM271.52 Million | +19.9% |
| Dividends Paid | RM227.34 Million | -16.66% |
| Other Comprehensive Income | RM-2.43 Million | -0.18% |
| Other Changes | RM52.14 Million | +3.82% |
| Total Change | RM- | 7.39% |
Book Value vs Market Value Analysis
This analysis compares DXN HOLDINGS 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: 1.68x
- 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 3.28x to 1.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-02-29 | RM0.14 | RM0.46 | x |
| 2021-02-28 | RM116.58 | RM0.46 | x |
| 2022-02-28 | RM152.61 | RM0.46 | x |
| 2023-02-28 | RM0.19 | RM0.46 | x |
| 2024-02-29 | RM0.26 | RM0.46 | x |
| 2025-02-28 | RM0.26 | RM0.46 | x |
| 2026-02-28 | RM0.27 | RM0.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DXN HOLDINGS 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): 19.90%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.30%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.58x
- Recent ROE (19.90%) is below the historical average (28.48%), 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 | 35.79% | 21.51% | 0.96x | 1.73x | RM174.14 Million |
| 2021 | 32.96% | 18.24% | 0.80x | 2.27x | RM133.46 Million |
| 2022 | 31.93% | 19.55% | 0.84x | 1.94x | RM166.85 Million |
| 2023 | 28.60% | 17.20% | 0.91x | 1.83x | RM179.09 Million |
| 2024 | 24.33% | 17.08% | 0.87x | 1.64x | RM183.16 Million |
| 2025 | 25.89% | 16.99% | 0.92x | 1.65x | RM201.95 Million |
| 2026 | 19.90% | 14.30% | 0.88x | 1.58x | RM135.05 Million |
Industry Comparison
This section compares DXN HOLDINGS BHD.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $713,476,187
- Average return on equity (ROE) among peers: 16.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DXN HOLDINGS BHD. (5318) | RM1.44 Billion | 35.79% | 0.50x | $571.42 Million |
| Three A Resources Bhd (0012) | $279.44 Million | 13.93% | 0.22x | $97.61 Million |
| Sunzen Biotech Bhd (0148) | $149.84 Million | 3.30% | 0.14x | $43.17 Million |
| Bioalpha Holdings Bhd (0179) | $69.43 Million | -42.63% | 0.14x | $5.30 Million |
| Nova Wellness Group Bhd (0201) | $105.96 Million | 14.15% | 0.12x | $28.41 Million |
| SDS Group Bhd (0212) | $71.91 Million | 10.11% | 0.93x | $54.74 Million |
| PTRB (0260) | $73.33 Million | 28.79% | 0.89x | $36.27 Million |
| MYMBN Berhad (0280) | $10.79 Million | 62.41% | 0.50x | $15.51 Million |
| SBH Marine Holdings Berhad (0300) | $77.33 Million | 10.74% | 0.33x | $40.13 Million |
| OB Holdings Berhad (0327) | $63.63 Million | 7.18% | 0.21x | $21.14 Million |
| IOI Corporation Bhd (1961) | $6.23 Billion | 54.11% | 1.46x | $7.42 Billion |
About DXN HOLDINGS BHD.
DXN Holdings Bhd. manufactures and sales health supplements and other products on direct sales basis in Latin America, Malaysia, Asia, North America, Africa, Europe, the Middle East, and Oceania. It offers coffee, tea, nutritious drinks, juices, confectionery and biscuits, herbs, mushrooms and fungi, premixes, toothpastes, face masks, perfumes, body foams, shampoos, soaps, powders, travel kits, t… Read more