Keyfield International Berhad (5321) - Net Assets
Based on the latest financial reports, Keyfield International Berhad (5321) has net assets worth RM787.53 Million MYR (≈ $197.72 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 (RM1.18 Billion ≈ $296.91 Million USD) and total liabilities (RM395.05 Million ≈ $99.18 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 5321 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM787.53 Million |
| % of Total Assets | 66.59% |
| Annual Growth Rate | 44.8% |
| 5-Year Change | 444.23% |
| 10-Year Change | N/A |
| Growth Volatility | 48.16 |
Keyfield International Berhad - Net Assets Trend (2020–2025)
This chart illustrates how Keyfield International Berhad's net assets have evolved over time, based on quarterly financial data. Also explore Keyfield International Berhad asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Keyfield International Berhad (2020–2025)
The table below shows the annual net assets of Keyfield International Berhad from 2020 to 2025. For live valuation and market cap data, see 5321 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM787.40 Million ≈ $197.69 Million |
+10.14% |
| 2024-12-31 | RM714.95 Million ≈ $179.50 Million |
+142.85% |
| 2023-12-31 | RM294.39 Million ≈ $73.91 Million |
+53.06% |
| 2022-12-31 | RM192.34 Million ≈ $48.29 Million |
+32.94% |
| 2021-12-31 | RM144.68 Million ≈ $36.32 Million |
+16.93% |
| 2020-12-31 | RM123.73 Million ≈ $31.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Keyfield International 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 33789.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM381.26 Million | 48.74% |
| Other Components | RM400.96 Million | 51.26% |
| Total Equity | RM782.22 Million | 100.00% |
Keyfield International Berhad Competitors by Market Cap
The table below lists competitors of Keyfield International Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Everyday Network
SHE:300295
|
$321.30 Million |
|
Sichuan Golden Summit Group Joint Stock Co Ltd
SHG:600678
|
$311.52 Million |
|
YC Inox Co Ltd
TW:2034
|
$343.09 Million |
|
MPS Limited
NSE:MPSLTD
|
$326.76 Million |
|
Consorcio ARA S. A. B. de C. V.
MX:ARA
|
$328.97 Million |
|
Cion Investment Corp
NYSE:CION
|
$326.12 Million |
|
Radium Life Tech Co Ltd
TW:2547
|
$326.11 Million |
|
Jiangsu Daybright Intelligent Electric Co Ltd
SHE:300670
|
$326.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keyfield International Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 710,632,000 to 782,216,000, a change of 71,584,000 (10.1%).
- Net income of 142,920,000 contributed positively to equity growth.
- Dividend payments of 72,489,000 reduced retained earnings.
- Share repurchases of 2,835,000 reduced equity.
- New share issuances of 4,258,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM142.92 Million | +18.27% |
| Dividends Paid | RM72.49 Million | -9.27% |
| Share Repurchases | RM2.83 Million | -0.36% |
| Share Issuances | RM4.26 Million | +0.54% |
| Other Changes | RM-270.00K | -0.03% |
| Total Change | RM- | 10.07% |
Book Value vs Market Value Analysis
This analysis compares Keyfield International 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: 1.66x
- 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 10.41x to 1.66x 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 | RM0.15 | RM1.61 | x |
| 2021-12-31 | RM0.18 | RM1.61 | x |
| 2022-12-31 | RM0.23 | RM1.61 | x |
| 2023-12-31 | RM0.36 | RM1.61 | x |
| 2024-12-31 | RM0.88 | RM1.61 | x |
| 2025-12-31 | RM0.97 | RM1.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keyfield International 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): 18.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.20%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.51x
- Recent ROE (18.27%) is below the historical average (22.83%), 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 | 10.92% | 17.97% | 0.34x | 1.78x | RM1.14 Million |
| 2021 | 12.74% | 12.88% | 0.41x | 2.39x | RM3.88 Million |
| 2022 | 26.52% | 21.11% | 0.47x | 2.68x | RM31.05 Million |
| 2023 | 36.57% | 24.50% | 0.62x | 2.40x | RM76.64 Million |
| 2024 | 31.94% | 33.03% | 0.60x | 1.60x | RM155.88 Million |
| 2025 | 18.27% | 33.20% | 0.36x | 1.51x | RM64.70 Million |
Industry Comparison
This section compares Keyfield International Berhad's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $737,214,820
- Average return on equity (ROE) among peers: -15.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Keyfield International Berhad (5321) | RM787.53 Million | 10.92% | 0.50x | $326.21 Million |
| Reservoir Link Energy Bhd (0219) | $78.87 Million | 13.64% | 0.30x | $25.20 Million |
| Ocean Vantage Holdings Bhd (0220) | $60.88 Million | -1.80% | 0.61x | $21.59 Million |
| Coastal Contracts Bhd (5071) | $1.67 Billion | 9.95% | 0.56x | $188.98 Million |
| Marine & General Bhd (5078) | $112.73 Million | -65.66% | 20.84x | $67.36 Million |
| Alam Maritim Resources Bhd (5115) | $132.04 Million | -171.44% | 1.78x | $34.12 Million |
| Deleum Bhd (5132) | $349.14 Million | 2.13% | 0.86x | $128.04 Million |
| Petra Energy Bhd (5133) | $547.00 Million | 8.59% | 1.02x | $54.79 Million |
| Dayang Enterprise Holdings Bhd (5141) | $666.43 Million | 22.40% | 0.48x | $531.94 Million |
| Wah Seong Corporation Bhd (5142) | $1.17 Billion | 13.74% | 1.16x | $161.36 Million |
| Malaysia Marine and Heavy Engineering Holdings Bhd (5186) | $2.59 Billion | 9.14% | 0.94x | $146.62 Million |
About Keyfield International Berhad
Keyfield International Berhad, an investment holding company, engages in the chartering of its own and third-party vessels in Malaysia. The company offers related onboard services, including accommodation, catering, housekeeping, laundry, and medical support services. It also engages in vessel ownership, chartering of offshore support vessels, ship management, trade of marine equipment, ship repa… Read more