Kim Hin Industry Bhd
Kim Hin Industry Berhad, an investment holding company, engages in the production and distribution of ceramic floor, homogeneous, and monoporosa tiles in Malaysia, China, Australia, and Vietnam. It is involved in the wholesale and retail of pavers, natural stones, and retaining walls; trading of building materials; property letting and holding activities; and importing and distributing ceramic wa… Read more
Kim Hin Industry Bhd (5371) - Net Assets
Latest net assets as of June 2025: RM266.81 Million MYR
Based on the latest financial reports, Kim Hin Industry Bhd (5371) has net assets worth RM266.81 Million MYR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM371.15 Million) and total liabilities (RM104.34 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 | RM266.81 Million |
| % of Total Assets | 71.89% |
| Annual Growth Rate | -4.07% |
| 5-Year Change | -29.18% |
| 10-Year Change | -46.02% |
| Growth Volatility | 6.13 |
Kim Hin Industry Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Kim Hin Industry Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kim Hin Industry Bhd (2012–2024)
The table below shows the annual net assets of Kim Hin Industry Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM278.01 Million | -9.59% |
| 2023-12-31 | RM307.50 Million | -3.67% |
| 2022-12-31 | RM319.22 Million | -10.32% |
| 2021-12-31 | RM355.94 Million | -9.33% |
| 2020-12-31 | RM392.56 Million | -3.51% |
| 2019-12-31 | RM406.85 Million | -7.77% |
| 2018-12-31 | RM441.15 Million | -13.61% |
| 2017-12-31 | RM510.67 Million | -0.83% |
| 2016-12-31 | RM514.94 Million | -0.01% |
| 2015-12-31 | RM515.00 Million | +7.52% |
| 2014-12-31 | RM479.00 Million | +4.13% |
| 2013-12-31 | RM460.00 Million | +0.44% |
| 2012-12-31 | RM458.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kim Hin Industry 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 decreased by 78.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM67.47 Million | 25.23% |
| Other Components | RM199.91 Million | 74.77% |
| Total Equity | RM267.38 Million | 100.00% |
Kim Hin Industry Bhd Competitors by Market Cap
The table below lists competitors of Kim Hin Industry Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CARDINAL HEALTH
MU:CLH
|
$1.84 Million |
|
K.B. Recycling Industries Ltd
OTCQB:AKMYF
|
$1.84 Million |
|
SandRidge Mississippian Trust I
PINK:SDTTU
|
$1.84 Million |
|
Indaptus Therapeutics Inc
NASDAQ:INDP
|
$1.84 Million |
|
VALIANT HLDG N - Dusseldorf Stock Exchang
DU:VAT
|
$1.84 Million |
|
AMETEK (AK1.SG)
STU:AK1
|
$1.84 Million |
|
Surya Biru Murni Acetylene Tbk PT
JK:SBMA
|
$1.84 Million |
|
Newcap Holding A/S
CO:NEWCAP
|
$1.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kim Hin Industry Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 297,361,000 to 267,383,000, a change of -29,978,000 (-10.1%).
- Net loss of 29,209,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-29.21 Million | -10.92% |
| Other Changes | RM-769.00K | -0.29% |
| Total Change | RM- | -10.08% |
Book Value vs Market Value Analysis
This analysis compares Kim Hin Industry 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: 0.45x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.23x to 0.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM3.67 | RM0.86 | x |
| 2017-12-31 | RM3.64 | RM0.86 | x |
| 2018-12-31 | RM3.15 | RM0.86 | x |
| 2019-12-31 | RM2.90 | RM0.86 | x |
| 2020-12-31 | RM2.80 | RM0.86 | x |
| 2021-12-31 | RM2.54 | RM0.86 | x |
| 2022-12-31 | RM2.28 | RM0.86 | x |
| 2023-12-31 | RM2.12 | RM0.86 | x |
| 2024-12-31 | RM1.91 | RM0.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kim Hin Industry 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): -10.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.38%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.42x
- Recent ROE (-10.92%) is below the historical average (-6.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.81% | 7.42% | 0.61x | 1.29x | RM-21.58 Million |
| 2017 | 1.57% | 1.91% | 0.65x | 1.27x | RM-43.05 Million |
| 2018 | -14.12% | -15.47% | 0.71x | 1.28x | RM-106.41 Million |
| 2019 | -7.98% | -8.57% | 0.68x | 1.36x | RM-73.13 Million |
| 2020 | -3.66% | -4.27% | 0.61x | 1.41x | RM-53.62 Million |
| 2021 | -10.38% | -10.74% | 0.65x | 1.48x | RM-72.55 Million |
| 2022 | -10.57% | -9.92% | 0.72x | 1.48x | RM-65.65 Million |
| 2023 | -12.52% | -12.00% | 0.71x | 1.46x | RM-66.96 Million |
| 2024 | -10.92% | -9.38% | 0.82x | 1.42x | RM-55.95 Million |
Industry Comparison
This section compares Kim Hin Industry Bhd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $816,377,757
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kim Hin Industry Bhd (5371) | RM266.81 Million | 5.81% | 0.39x | $1.84 Million |
| SC Estate Builder Bhd (0109) | $32.25 Million | -3.08% | 0.12x | $1.42 Million |
| PLYTEC Holding Berhad (0289) | $61.53 Million | 11.66% | 1.60x | $3.61 Million |
| Johan Holdings Bhd (3441) | $239.84 Million | 67.96% | 0.26x | $1.40 Million |
| Lafarge Malayan Cement Bhd (3794) | $6.31 Billion | 6.79% | 0.69x | $776.34 Million |
| Hume Industries Berhad (5000) | $23.00 Million | 0.00% | 0.87x | $114.04 Million |
| White Horse Bhd (5009) | $587.50 Million | -9.41% | 0.45x | $8.87 Million |
| YB Ventures Bhd (5048) | $285.65 Million | -17.33% | 0.20x | $2.54 Million |
| Complete Logistic Services Bhd (5136) | $171.55 Million | 7.50% | 0.15x | $87.86 Million |
| Dfcity Group Bhd (5165) | $51.00 Million | 1.96% | 1.10x | $1.64 Million |
| Chin Hin Group Bhd (5273) | $399.55 Million | 7.45% | 1.42x | $436.65 Million |