Grand Central Enterprises Bhd Net Assets
Grand Central Enterprises Bhd net assets. Based on the latest financial reports, Grand Central Enterprises Bhd (5592) has net assets worth RM165.22 Million MYR (≈ $41.48 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM172.72 Million ≈ $43.36 Million USD) and total liabilities (RM7.50 Million ≈ $1.88 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 Grand Central Enterprises Bhd (5592) balance sheet quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM165.22 Million |
| % of Total Assets | 95.66% |
| Annual Growth Rate | -3.85% |
| 5-Year Change | -17.31% |
| 10-Year Change | -32.56% |
| Growth Volatility | 2.88 |
Net Assets of Grand Central Enterprises Bhd (2012–2024)
Net assets of Grand Central Enterprises Bhd from 2012 to 2024. This chart illustrates how Grand Central Enterprises Bhd's net assets have evolved over time, based on quarterly financial data. Also explore net asset growth rate of Grand Central Enterprises Bhd to track the company's year-over-year net asset growth rate.
Annual Net Assets for Grand Central Enterprises Bhd (2012–2024)
The table below shows the annual net assets of Grand Central Enterprises Bhd from 2012 to 2024. For live market cap and overall valuation, see 5592 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM168.60 Million ≈ $42.33 Million |
-12.64% |
| 2023-12-31 | RM193.00 Million ≈ $48.46 Million |
-2.62% |
| 2022-12-31 | RM198.20 Million ≈ $49.76 Million |
-1.66% |
| 2021-12-31 | RM201.55 Million ≈ $50.60 Million |
-1.15% |
| 2020-12-31 | RM203.89 Million ≈ $51.19 Million |
-4.48% |
| 2019-12-31 | RM213.47 Million ≈ $53.59 Million |
-3.04% |
| 2018-12-31 | RM220.17 Million ≈ $55.28 Million |
-4.46% |
| 2017-12-31 | RM230.46 Million ≈ $57.86 Million |
-3.47% |
| 2016-12-31 | RM238.75 Million ≈ $59.94 Million |
-4.50% |
| 2015-12-31 | RM250.00 Million ≈ $62.77 Million |
-2.34% |
| 2014-12-31 | RM256.00 Million ≈ $64.27 Million |
-3.40% |
| 2013-12-31 | RM265.00 Million ≈ $66.53 Million |
-1.85% |
| 2012-12-31 | RM270.00 Million ≈ $67.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grand Central Enterprises 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 173.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Grand Central Enterprises Bhd Net Assets Breakdown (December 2024)
Grand Central Enterprises Bhd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM199.40 Million | 118.27% |
| Total Equity | RM168.60 Million | 100.00% |
Grand Central Enterprises Bhd Competitors by Market Cap
The table below lists competitors of Grand Central Enterprises Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
17 Education Technology Group Inc
NASDAQ:YQ
|
$19.54 Million |
|
Rubicon Organics Inc
V:ROMJ
|
$19.55 Million |
|
Alcom Group Bhd
KLSE:2674
|
$19.56 Million |
|
Rimfire Pacific Mining Ltd
AU:RIM
|
$19.57 Million |
|
Coats Group PLC
LSE:COA
|
$19.53 Million |
|
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS
IS:FLAP
|
$19.53 Million |
|
Elve S.A
AT:ELBE
|
$19.51 Million |
|
Saranacentral Bajatama Tbk
JK:BAJA
|
$19.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand Central Enterprises Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 191,718,138 to 168,600,140, a change of -23,117,998 (-12.1%).
- Net loss of 23,118,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-23.12 Million | -13.71% |
| Other Changes | RM2.00 | +0.0% |
| Total Change | RM- | -12.06% |
Book Value vs Market Value Analysis
This analysis compares Grand Central Enterprises 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: 0.46x
- 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 0.33x to 0.46x 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 | RM1.21 | RM0.40 | x |
| 2017-12-31 | RM1.17 | RM0.40 | x |
| 2018-12-31 | RM1.12 | RM0.40 | x |
| 2019-12-31 | RM1.08 | RM0.40 | x |
| 2020-12-31 | RM1.03 | RM0.40 | x |
| 2021-12-31 | RM1.02 | RM0.40 | x |
| 2022-12-31 | RM1.01 | RM0.40 | x |
| 2023-12-31 | RM0.97 | RM0.40 | x |
| 2024-12-31 | RM0.86 | RM0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand Central Enterprises 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): -13.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -86.25%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.05x
- Recent ROE (-13.71%) is below the historical average (-3.84%), 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 | -2.43% | -21.03% | 0.10x | 1.10x | RM-29.68 Million |
| 2017 | -1.89% | -16.81% | 0.10x | 1.10x | RM-27.40 Million |
| 2018 | -2.44% | -23.21% | 0.10x | 1.10x | RM-27.40 Million |
| 2019 | -3.14% | -28.45% | 0.10x | 1.10x | RM-28.05 Million |
| 2020 | -4.70% | -79.50% | 0.05x | 1.09x | RM-29.96 Million |
| 2021 | -1.16% | -13.01% | 0.08x | 1.08x | RM-22.50 Million |
| 2022 | -1.69% | -14.75% | 0.11x | 1.08x | RM-23.18 Million |
| 2023 | -3.38% | -26.68% | 0.12x | 1.07x | RM-25.65 Million |
| 2024 | -13.71% | -86.25% | 0.15x | 1.05x | RM-39.98 Million |
Industry Comparison
This section compares Grand Central Enterprises Bhd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $560,106,492
- Average return on equity (ROE) among peers: -8.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Central Enterprises Bhd (5592) | RM165.22 Million | -2.43% | 0.05x | $19.54 Million |
| Landmarks Bhd (1643) | $1.84 Billion | -1.55% | 0.21x | $6.74 Million |
| Eastland Equity Bhd (2097) | $161.58 Million | 2.52% | 0.51x | $90.94 Million |
| ECM Libra Financial Group Bhd (2143) | $190.04 Million | 13.15% | 0.30x | $26.11 Million |
| Lien Hoe Corporation Bhd (3573) | $468.99 Million | -0.59% | 0.34x | $7.93 Million |
| Malayan United Industries Bhd (3891) | $652.27 Million | -11.80% | 2.73x | $32.40 Million |
| Country Heights Holdings Bhd (5738) | $776.98 Million | -6.24% | 0.64x | $10.12 Million |
| Impiana Hotels Bhd (7243) | $31.09 Million | -64.74% | 0.19x | $130.84 Million |
| Avillion Bhd (8885) | $357.00 Million | 0.28% | 0.47x | $12.45 Million |
About Grand Central Enterprises Bhd
Grand Central Enterprises Bhd., an investment holding company, engages in the hotel business in Malaysia. It owns and manages hotels under the Hotel Grand Continental brand name; and manages a hotel under the Hotel Grand Crystal name. The company also provides services to apartments, limousine, hotel management, and online reservation services. Grand Central Enterprises Bhd. was incorporated in 1… Read more