Petronas Dagangan Bhd (5681) - Net Assets
Based on the latest financial reports, Petronas Dagangan Bhd (5681) has net assets worth RM6.07 Billion MYR (≈ $1.52 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM10.90 Billion ≈ $2.74 Billion USD) and total liabilities (RM4.84 Billion ≈ $1.21 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. Check Petronas Dagangan Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM6.07 Billion |
| % of Total Assets | 55.65% |
| Annual Growth Rate | 3.64% |
| 5-Year Change | 6.93% |
| 10-Year Change | 21.77% |
| Growth Volatility | 5.39 |
Petronas Dagangan Bhd - Net Assets Trend (2005–2024)
This chart illustrates how Petronas Dagangan Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Petronas Dagangan Bhd total assets for the complete picture of this company's asset base.
Annual Net Assets for Petronas Dagangan Bhd (2005–2024)
The table below shows the annual net assets of Petronas Dagangan Bhd from 2005 to 2024. For live valuation and market cap data, see Petronas Dagangan Bhd (5681) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 497770400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM4.98 Billion | 83.37% |
| Common Stock | RM993.45 Million | 16.64% |
| 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 |
|---|---|
|
Gan & Lee Pharmaceuticals Co Ltd
SHG:603087
|
$5.26 Billion |
|
Etsy, Inc.
NASDAQ:ETSY
|
$5.26 Billion |
|
ADT Inc
NYSE:ADT
|
$5.26 Billion |
|
Perseus Mining Ltd
AU:PRU
|
$5.26 Billion |
|
Youngor Group Co Ltd
SHG:600177
|
$5.25 Billion |
|
Legence Corp. Class A Common stock
NASDAQ:LGN
|
$5.25 Billion |
|
Thai Airways International Public Company Limited
BK:THAI
|
$5.25 Billion |
|
Gecina SA
PA:GFC
|
$5.25 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 2023 to 2024, total equity changed from 5,768,399,000 to 5,970,853,000, a change of 202,454,000 (3.5%).
- Net income of 1,086,628,000 contributed positively to equity growth.
- Dividend payments of 884,174,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.09 Billion | +18.2% |
| Dividends Paid | RM884.17 Million | -14.81% |
| Total Change | RM- | 3.51% |
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: 3.50x
- 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 6.91x to 3.50x 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 | RM21.06 | x |
| 2006-12-31 | RM3.51 | RM21.06 | x |
| 2007-12-31 | RM3.94 | RM21.06 | x |
| 2008-12-31 | RM4.19 | RM21.06 | x |
| 2009-12-31 | RM4.59 | RM21.06 | x |
| 2010-12-31 | RM4.83 | RM21.06 | x |
| 2011-12-31 | RM4.81 | RM21.06 | x |
| 2012-12-31 | RM4.84 | RM21.06 | x |
| 2013-12-31 | RM4.82 | RM21.06 | x |
| 2014-12-31 | RM4.78 | RM21.06 | x |
| 2015-12-31 | RM4.98 | RM21.06 | x |
| 2016-12-31 | RM5.34 | RM21.06 | x |
| 2017-12-31 | RM6.04 | RM21.06 | x |
| 2018-12-31 | RM5.94 | RM21.06 | x |
| 2019-12-31 | RM6.02 | RM21.06 | x |
| 2020-12-31 | RM5.68 | RM21.06 | x |
| 2021-12-31 | RM5.62 | RM21.06 | x |
| 2022-12-31 | RM5.78 | RM21.06 | x |
| 2023-12-31 | RM5.81 | RM21.06 | x |
| 2024-12-31 | RM6.01 | RM21.06 | 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): 18.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.86%
- • Asset Turnover: 3.41x
- • Equity Multiplier: 1.86x
- Recent ROE (18.20%) is above the historical average (15.59%), 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 |
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: $1,142,940,610
- Average return on equity (ROE) among peers: -6.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petronas Dagangan Bhd (5681) | RM6.07 Billion | 16.68% | 0.80x | $5.25 Billion |
| Hiap Huat Holdings Bhd (0160) | $57.73 Million | 3.36% | 0.40x | $11.90 Million |
| Petron Malaysia Refining Marketing (3042) | $1.97 Billion | 12.11% | 1.18x | $294.88 Million |
| Hengyuan Refining Company Bhd (4324) | $1.40 Billion | -34.83% | 3.02x | $176.25 Million |
About Petronas Dagangan Bhd
PETRONAS Dagangan Berhad, together with its subsidiaries, engages in retailing and marketing of downstream petroleum products primarily in Malaysia. It operates through Retail, Commercial, and Convenience segments. The company offers lubricant products, including passenger car motor, motorcycle, and heavy duty engine oil, as well as automotive function fluid; credit and gift cards; EV charging st… Read more