Pimpinan Eshan Bhd (5622) - Net Assets
Based on the latest financial reports, Pimpinan Eshan Bhd (5622) has net assets worth RM65.17 Million MYR (≈ $16.36 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 (RM65.61 Million ≈ $16.47 Million USD) and total liabilities (RM440.50K ≈ $110.59K 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. Also explore Pimpinan Eshan Bhd asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM65.17 Million |
| % of Total Assets | 99.33% |
| Annual Growth Rate | -0.91% |
| 5-Year Change | -4.16% |
| 10-Year Change | -64.64% |
| Growth Volatility | 4689.68 |
Pimpinan Eshan Bhd - Net Assets Trend (2012–2026)
This chart illustrates how Pimpinan Eshan Bhd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Pimpinan Eshan Bhd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Pimpinan Eshan Bhd (2012–2026)
The table below shows the annual net assets of Pimpinan Eshan Bhd from 2012 to 2026. For live valuation and market cap data, see 5622 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-05-31 | RM65.13 Million ≈ $16.35 Million |
+0.47% |
| 2025-05-31 | RM64.82 Million ≈ $16.27 Million |
-5.37% |
| 2024-05-31 | RM68.50 Million ≈ $17.20 Million |
+0.73% |
| 2023-05-31 | RM68.00 Million ≈ $17.07 Million |
+0.07% |
| 2022-05-31 | RM67.96 Million ≈ $17.06 Million |
-3.35% |
| 2021-05-31 | RM70.31 Million ≈ $17.65 Million |
-1.78% |
| 2020-05-31 | RM71.59 Million ≈ $17.97 Million |
-1.35% |
| 2019-05-31 | RM72.57 Million ≈ $18.22 Million |
+18208.71% |
| 2018-05-31 | RM396.37K ≈ $99.52K |
-99.78% |
| 2017-05-31 | RM184.18 Million ≈ $46.24 Million |
+7.75% |
| 2016-05-31 | RM170.94 Million ≈ $42.92 Million |
+19.54% |
| 2015-05-31 | RM143.00 Million ≈ $35.90 Million |
+6.72% |
| 2014-05-31 | RM134.00 Million ≈ $33.64 Million |
+22.94% |
| 2013-05-31 | RM109.00 Million ≈ $27.37 Million |
+47.30% |
| 2012-05-31 | RM74.00 Million ≈ $18.58 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pimpinan Eshan 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 103.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM69.13 Million | 106.14% |
| Total Equity | RM65.13 Million | 100.00% |
Pimpinan Eshan Bhd Competitors by Market Cap
The table below lists competitors of Pimpinan Eshan Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cassius Mining Ltd
AU:CMD
|
$15.45 Million |
|
Wooree E&L Co. Ltd
KQ:153490
|
$15.46 Million |
|
Cosmos Technology International Berhad
KLSE:0261
|
$15.46 Million |
|
Crescent NV
BR:OPTI
|
$15.46 Million |
|
Natural Health Trends Corp
F:NAH
|
$15.44 Million |
|
Ateliers Mecaniques D’Indonesie Tbk PT
JK:AMIN
|
$15.44 Million |
|
Immo Moury SICAF Immobiliere Publique de Droit Belge
BR:IMMOU
|
$15.43 Million |
|
Roctool
PA:ALROC
|
$15.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pimpinan Eshan Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 64,819,960 to 65,126,162, a change of 306,202 (0.5%).
- Net income of 306,204 contributed positively to equity growth.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM306.20K | +0.47% |
| Other Changes | RM-2.00 | -0.0% |
| Total Change | RM- | 0.47% |
Book Value vs Market Value Analysis
This analysis compares Pimpinan Eshan 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: 0.94x
- 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 0.35x to 0.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-05-31 | RM2.58 | RM0.89 | x |
| 2017-05-31 | RM2.69 | RM0.89 | x |
| 2018-05-31 | RM0.01 | RM0.89 | x |
| 2019-05-31 | RM1.05 | RM0.89 | x |
| 2020-05-31 | RM1.04 | RM0.89 | x |
| 2021-05-31 | RM1.02 | RM0.89 | x |
| 2022-05-31 | RM0.98 | RM0.89 | x |
| 2023-05-31 | RM0.98 | RM0.89 | x |
| 2024-05-31 | RM0.99 | RM0.89 | x |
| 2025-05-31 | RM0.94 | RM0.89 | x |
| 2026-05-31 | RM0.94 | RM0.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pimpinan Eshan 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): 0.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (0.47%) is below the historical average (27.37%), 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 | 14.03% | 47.48% | 0.09x | 3.31x | RM6.88 Million |
| 2017 | 5.67% | 14.73% | 0.12x | 3.14x | RM-7.97 Million |
| 2018 | 102.44% | 305.49% | 0.01x | 54.07x | RM366.43K |
| 2019 | 189.94% | 0.00% | 0.00x | 1.00x | RM130.59 Million |
| 2020 | -1.37% | -1816.72% | 0.00x | 1.02x | RM-8.14 Million |
| 2021 | -1.81% | -3884.42% | 0.00x | 1.01x | RM-8.31 Million |
| 2022 | -3.47% | 0.00% | 0.00x | 1.02x | RM-9.15 Million |
| 2023 | 0.07% | 59.07% | 0.00x | 1.05x | RM-6.75 Million |
| 2024 | 0.72% | 0.00% | 0.00x | 1.02x | RM-6.35 Million |
| 2025 | -5.67% | 0.00% | 0.00x | 1.01x | RM-10.16 Million |
| 2026 | 0.47% | 0.00% | 0.00x | 1.01x | RM-6.21 Million |
Industry Comparison
This section compares Pimpinan Eshan Bhd's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $115,207,760
- Average return on equity (ROE) among peers: -2.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pimpinan Eshan Bhd (5622) | RM65.17 Million | 14.03% | 0.01x | $15.45 Million |
| SCGM Bhd (7247) | $115.21 Million | -2.66% | 0.01x | $26.35 Million |
About Pimpinan Eshan Bhd
Pimpinan Ehsan Berhad does not have significant operations. The company intends to acquire and develop new businesses/assets. The company was incorporated in 2016 and is based in Kuala Lumpur, Malaysia.