99 Speed Mart Retail Holdings Berhad
99 Speed Mart Retail Holdings Berhad, an investment holding company, operates mini supermarkets in Malaysia. It offers product and services, including 99bulksales, speedpoint services, and in-store promotion and offers. The company also engages in the retail of consumable merchandise and other household products via mini mart; and exporting of consumable merchandise and other household products. … Read more
99 Speed Mart Retail Holdings Berhad (5326) - Net Assets
Latest net assets as of December 2024: RM1.58 Billion MYR
Based on the latest financial reports, 99 Speed Mart Retail Holdings Berhad (5326) has net assets worth RM1.58 Billion MYR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM3.56 Billion) and total liabilities (RM1.98 Billion). 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 | RM1.58 Billion |
| % of Total Assets | 44.34% |
| Annual Growth Rate | 28.91% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 97.03 |
99 Speed Mart Retail Holdings Berhad - Net Assets Trend (2021–2024)
This chart illustrates how 99 Speed Mart Retail Holdings 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 99 Speed Mart Retail Holdings Berhad (2021–2024)
The table below shows the annual net assets of 99 Speed Mart Retail Holdings Berhad from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM1.58 Billion | +191.55% |
| 2023-12-31 | RM541.58 Million | -14.29% |
| 2022-12-31 | RM631.85 Million | -14.27% |
| 2021-12-31 | RM736.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 99 Speed Mart Retail Holdings 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 27.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM914.34 Million | 57.91% |
| Other Components | RM664.63 Million | 42.09% |
| Total Equity | RM1.58 Billion | 100.00% |
99 Speed Mart Retail Holdings Berhad Competitors by Market Cap
The table below lists competitors of 99 Speed Mart Retail Holdings Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JNBBY
PINK:JNBBY
|
$1.10 Billion |
|
Noritsu Koki Company. Ltd
OTCGREY:NKOKF
|
$1.10 Billion |
|
Beijer Alma AB Series B
LSE:0YG7
|
$1.10 Billion |
|
Jardine Cycle & Carriage Limited
PINK:JCYCF
|
$1.10 Billion |
|
Wave Life Sciences Ltd
NASDAQ:WVE
|
$1.10 Billion |
|
Jiangsu Guotai International Group Guomao Co Ltd
SHE:002091
|
$1.10 Billion |
|
Flow Traders BV
AS:FLOW
|
$1.10 Billion |
|
Bristow Group Inc
NYSE:VTOL
|
$1.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 99 Speed Mart Retail Holdings Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 541,575,000 to 1,578,976,000, a change of 1,037,401,000 (191.6%).
- Net income of 490,265,000 contributed positively to equity growth.
- Dividend payments of 200,000,000 reduced retained earnings.
- New share issuances of 660,000,000 increased equity.
- Other factors increased equity by 87,136,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM490.26 Million | +31.05% |
| Dividends Paid | RM200.00 Million | -12.67% |
| Share Issuances | RM660.00 Million | +41.8% |
| Other Changes | RM87.14 Million | +5.52% |
| Total Change | RM- | 191.55% |
Book Value vs Market Value Analysis
This analysis compares 99 Speed Mart Retail Holdings 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: 18.89x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 40.46x to 18.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | RM0.09 | RM3.55 | x |
| 2022-12-31 | RM0.08 | RM3.55 | x |
| 2023-12-31 | RM0.06 | RM3.55 | x |
| 2024-12-31 | RM0.19 | RM3.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 99 Speed Mart Retail Holdings 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): 31.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.91%
- • Asset Turnover: 2.80x
- • Equity Multiplier: 2.26x
- Recent ROE (31.05%) is below the historical average (53.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 56.87% | 5.35% | 3.32x | 3.20x | RM345.40 Million |
| 2022 | 51.70% | 4.05% | 3.39x | 3.77x | RM263.48 Million |
| 2023 | 73.90% | 4.34% | 3.46x | 4.92x | RM346.07 Million |
| 2024 | 31.05% | 4.91% | 2.80x | 2.26x | RM332.37 Million |
Industry Comparison
This section compares 99 Speed Mart Retail Holdings Berhad's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $1,663,419,667
- Average return on equity (ROE) among peers: 12.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 99 Speed Mart Retail Holdings Berhad (5326) | RM1.58 Billion | 56.87% | 1.26x | $1.10 Billion |
| Eco-Shop Marketing Berhad (5337) | $552.36 Million | 32.10% | 1.31x | $315.13 Million |
| Parkson Holdings Bhd (5657) | $2.42 Billion | -0.79% | 2.53x | $14.94 Million |
| AEON Co (Malaysia) Bhd (6599) | $2.02 Billion | 5.20% | 1.30x | $166.66 Million |