Petronas Dagangan Bhd (5681) - Net Assets

Latest as of March 2026: RM5.89 Billion MYR ≈ $1.48 Billion USD

Based on the latest financial reports, Petronas Dagangan Bhd (5681) has net assets worth RM5.89 Billion MYR (≈ $1.48 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM12.88 Billion ≈ $3.23 Billion USD) and total liabilities (RM6.99 Billion ≈ $1.75 Billion 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 5681 total asset value for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM5.89 Billion
% of Total Assets	45.71%
Annual Growth Rate	3.44%
5-Year Change	7.76%
10-Year Change	13.4%
Growth Volatility	5.33

Petronas Dagangan Bhd - Net Assets Trend (2005–2025)

This chart illustrates how Petronas Dagangan Bhd's net assets have evolved over time, based on quarterly financial data. Check 5681 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Petronas Dagangan Bhd (2005–2025)

The table below shows the annual net assets of Petronas Dagangan Bhd from 2005 to 2025. For live valuation and market cap data, see market value of Petronas Dagangan Bhd.

Year	Net Assets	Change
2025-12-31	RM6.05 Billion ≈ $1.52 Billion	-0.29%
2024-12-31	RM6.07 Billion ≈ $1.52 Billion	+3.98%
2023-12-31	RM5.84 Billion ≈ $1.47 Billion	+0.85%
2022-12-31	RM5.79 Billion ≈ $1.45 Billion	+3.06%
2021-12-31	RM5.62 Billion ≈ $1.41 Billion	-1.06%
2020-12-31	RM5.68 Billion ≈ $1.42 Billion	-5.59%
2019-12-31	RM6.01 Billion ≈ $1.51 Billion	+1.25%
2018-12-31	RM5.94 Billion ≈ $1.49 Billion	-1.71%
2017-12-31	RM6.04 Billion ≈ $1.52 Billion	+13.20%
2016-12-31	RM5.34 Billion ≈ $1.34 Billion	+7.07%
2015-12-31	RM4.98 Billion ≈ $1.25 Billion	+4.01%
2014-12-31	RM4.79 Billion ≈ $1.20 Billion	-0.78%
2013-12-31	RM4.83 Billion ≈ $1.21 Billion	-0.33%
2012-12-31	RM4.85 Billion ≈ $1.22 Billion	+0.69%
2011-12-31	RM4.81 Billion ≈ $1.21 Billion	-0.39%
2010-12-31	RM4.83 Billion ≈ $1.21 Billion	+5.15%
2009-12-31	RM4.59 Billion ≈ $1.15 Billion	+9.06%
2008-12-31	RM4.21 Billion ≈ $1.06 Billion	+6.26%
2007-12-31	RM3.96 Billion ≈ $995.27 Million	+11.89%
2006-12-31	RM3.54 Billion ≈ $889.49 Million	+15.19%
2005-12-31	RM3.08 Billion ≈ $772.23 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Petronas Dagangan 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 grown by 497413200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM4.97 Billion	83.36%
Common Stock	RM993.45 Million	16.65%
Other Comprehensive Income	RM-305.00K	-0.01%
Total Equity	RM5.97 Billion	100.00%

Petronas Dagangan Bhd Competitors by Market Cap

The table below lists competitors of Petronas Dagangan Bhd ranked by their market capitalization.

Company	Market Cap
Enphase Energy Inc NASDAQ:ENPH	$4.80 Billion
Guoyuan Securities Co Ltd SHE:000728	$4.81 Billion
Materion Corporation NYSE:MTRN	$4.81 Billion
Alior Bank S.A. WAR:ALR	$4.81 Billion
RLI Corp NYSE:RLI	$4.80 Billion
RioCan Real Estate Investment Trust TO:REI-UN	$4.80 Billion
MDA Space Ltd. NYSE:MDA	$4.80 Billion
Umicore S.A. BR:UMI	$4.80 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Petronas Dagangan Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,970,853,000 to 5,967,281,000, a change of -3,572,000 (-0.1%).
Net income of 1,099,162,000 contributed positively to equity growth.
Dividend payments of 1,102,734,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM1.10 Billion	+18.42%
Dividends Paid	RM1.10 Billion	-18.48%
Total Change	RM-	-0.06%

Book Value vs Market Value Analysis

This analysis compares Petronas Dagangan 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: 3.21x
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 6.32x to 3.21x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	RM3.05	RM19.26	x
2006-12-31	RM3.51	RM19.26	x
2007-12-31	RM3.94	RM19.26	x
2008-12-31	RM4.19	RM19.26	x
2009-12-31	RM4.59	RM19.26	x
2010-12-31	RM4.83	RM19.26	x
2011-12-31	RM4.81	RM19.26	x
2012-12-31	RM4.84	RM19.26	x
2013-12-31	RM4.82	RM19.26	x
2014-12-31	RM4.78	RM19.26	x
2015-12-31	RM4.98	RM19.26	x
2016-12-31	RM5.34	RM19.26	x
2017-12-31	RM6.04	RM19.26	x
2018-12-31	RM5.94	RM19.26	x
2019-12-31	RM6.02	RM19.26	x
2020-12-31	RM5.68	RM19.26	x
2021-12-31	RM5.62	RM19.26	x
2022-12-31	RM5.78	RM19.26	x
2023-12-31	RM5.81	RM19.26	x
2024-12-31	RM6.01	RM19.26	x
2025-12-31	RM6.01	RM19.26	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Petronas Dagangan 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): 18.42%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.87%
• Asset Turnover: 3.45x
• Equity Multiplier: 1.86x
Recent ROE (18.42%) is above the historical average (15.73%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	16.68%	3.05%	2.68x	2.04x	RM202.09 Million
2006	18.54%	3.32%	2.99x	1.87x	RM297.86 Million
2007	17.05%	2.99%	2.59x	2.20x	RM276.04 Million
2008	13.97%	2.39%	3.70x	1.58x	RM165.43 Million
2009	16.62%	3.66%	2.62x	1.73x	RM301.67 Million
2010	18.27%	3.76%	2.74x	1.77x	RM396.43 Million
2012	17.40%	2.84%	2.97x	2.06x	RM355.84 Million
2013	16.95%	2.51%	3.18x	2.12x	RM332.74 Million
2014	10.55%	1.55%	3.39x	2.01x	RM26.35 Million
2015	15.95%	3.14%	3.12x	1.63x	RM294.74 Million
2016	17.81%	4.34%	2.33x	1.77x	RM414.31 Million
2017	25.65%	5.76%	2.74x	1.62x	RM939.33 Million
2018	14.41%	2.83%	3.28x	1.56x	RM260.14 Million
2019	13.88%	2.74%	3.03x	1.67x	RM231.94 Million
2020	4.89%	1.47%	2.24x	1.48x	RM-288.41 Million
2021	9.49%	2.35%	2.34x	1.72x	RM-28.45 Million
2022	13.52%	2.11%	3.26x	1.96x	RM202.32 Million
2023	16.35%	2.51%	3.27x	1.99x	RM366.24 Million
2024	18.20%	2.86%	3.41x	1.86x	RM489.54 Million
2025	18.42%	2.87%	3.45x	1.86x	RM502.43 Million

Industry Comparison

This section compares Petronas Dagangan Bhd's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.

Industry Context

Industry: Oil & Gas Refining & Marketing
Average net assets among peers: $1,358,252,183
Average return on equity (ROE) among peers: 4.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Petronas Dagangan Bhd (5681)	RM5.89 Billion	16.68%	1.19x	$4.80 Billion
Hiap Huat Holdings Bhd (0160)	$54.26 Million	-2.96%	0.56x	$10.41 Million
Petron Malaysia Refining Marketing (3042)	$1.97 Billion	12.11%	1.18x	$231.16 Million
Hengyuan Refining Company Bhd (4324)	$2.05 Billion	4.03%	1.67x	$161.19 Million

About Petronas Dagangan Bhd

KLSE:5681 Malaysia Oil & Gas Refining & Marketing

Market Cap

$4.80 Billion

RM19.13 Billion MYR

Market Cap Rank

#3709 Global

#30 in Malaysia

Share Price

RM19.26

Change (1 day)

+0.84%

52-Week Range

RM17.34 - RM23.70

All Time High

RM23.75