Malaysia Smelting Corporation Bhd (5916) - Net Assets

Latest as of December 2025: RM801.93 Million MYR ≈ $201.34 Million USD

Based on the latest financial reports, Malaysia Smelting Corporation Bhd (5916) has net assets worth RM801.93 Million MYR (≈ $201.34 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.51 Billion ≈ $379.37 Million USD) and total liabilities (RM709.11 Million ≈ $178.03 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. Also explore Malaysia Smelting Corporation Bhd total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets RM801.93 Million
% of Total Assets 53.07%
Annual Growth Rate 11.36%
5-Year Change 38.11%
10-Year Change 187.34%
Growth Volatility 15.65

Malaysia Smelting Corporation Bhd - Net Assets Trend (2012–2025)

This chart illustrates how Malaysia Smelting Corporation Bhd's net assets have evolved over time, based on quarterly financial data. Check Malaysia Smelting Corporation Bhd (5916) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Malaysia Smelting Corporation Bhd (2012–2025)

The table below shows the annual net assets of Malaysia Smelting Corporation Bhd from 2012 to 2025. For live valuation and market cap data, see 5916 company net worth.

Year Net Assets Change
2025-12-31 RM801.93 Million
≈ $201.34 Million		 +3.40%
2024-12-31 RM775.54 Million
≈ $194.71 Million		 -5.01%
2023-12-31 RM816.46 Million
≈ $204.99 Million		 +5.01%
2022-12-31 RM777.50 Million
≈ $195.20 Million		 +33.90%
2021-12-31 RM580.64 Million
≈ $145.78 Million		 +47.56%
2020-12-31 RM393.50 Million
≈ $98.80 Million		 +6.67%
2019-12-31 RM368.90 Million
≈ $92.62 Million		 +6.01%
2018-12-31 RM348.00 Million
≈ $87.37 Million		 +19.69%
2017-12-31 RM290.76 Million
≈ $73.00 Million		 +4.18%
2016-12-31 RM279.09 Million
≈ $70.07 Million		 +15.80%
2015-12-31 RM241.00 Million
≈ $60.51 Million		 +2.55%
2014-12-31 RM235.00 Million
≈ $59.00 Million		 +29.83%
2013-12-31 RM181.00 Million
≈ $45.44 Million		 -8.59%
2012-12-31 RM198.00 Million
≈ $49.71 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Malaysia Smelting Corporation 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 1347.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings RM448.60 Million 61.35%
Common Stock RM237.19 Million 32.44%
Other Comprehensive Income RM23.48 Million 3.21%
Other Components RM21.93 Million 3.00%
Total Equity RM731.20 Million 100.00%

Malaysia Smelting Corporation Bhd Competitors by Market Cap

The table below lists competitors of Malaysia Smelting Corporation Bhd ranked by their market capitalization.

Company Market Cap
Ferguson Plc
LSE:FERG
 $392.41 Million
Puradelta Lestari PT
JK:DMAS
 $392.57 Million
Wuxi Lihu Corporation Limited Class A
SHE:300694
 $392.61 Million
Soltec Power Holdings S.A
MC:SOL
 $392.64 Million
TCI Co Ltd
TWO:8436
 $392.26 Million
Fusion Micro Finance Limited
NSE:FUSION
 $392.11 Million
HeidelbergCement India Limited
NSE:HEIDELBERG
 $391.75 Million
Hangzhou Zhengqiang Corporation Limited
SHE:301119
 $391.72 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 709,144,000 to 731,200,000, a change of 22,056,000 (3.1%).
  • Net income of 81,974,000 contributed positively to equity growth.
  • Dividend payments of 63,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 18,845,000.
  • Other factors increased equity by 21,927,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM81.97 Million +11.21%
Dividends Paid RM63.00 Million -8.62%
Other Comprehensive Income RM-18.84 Million -2.58%
Other Changes RM21.93 Million +3.0%
Total Change RM- 3.11%

Book Value vs Market Value Analysis

This analysis compares Malaysia Smelting Corporation 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: 2.14x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 2.67x to 2.14x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 RM0.70 RM1.86 x
2017-12-31 RM0.73 RM1.86 x
2018-12-31 RM0.87 RM1.86 x
2019-12-31 RM0.92 RM1.86 x
2020-12-31 RM0.98 RM1.86 x
2021-12-31 RM0.70 RM1.86 x
2022-12-31 RM0.86 RM1.86 x
2023-12-31 RM0.90 RM1.86 x
2024-12-31 RM0.84 RM1.86 x
2025-12-31 RM0.87 RM1.86 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Malaysia Smelting Corporation 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): 11.21%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.66%
  • • Asset Turnover: 1.16x
  • • Equity Multiplier: 2.07x
  • Recent ROE (11.21%) is above the historical average (9.59%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 -2.08% -0.34% 1.82x 3.35x RM-29.10 Million
2016 12.30% 2.32% 1.86x 2.85x RM6.43 Million
2017 5.54% 1.12% 1.64x 3.01x RM-12.97 Million
2018 9.86% 2.68% 1.52x 2.42x RM-502.60K
2019 8.32% 3.12% 1.19x 2.23x RM-6.20 Million
2020 3.85% 1.86% 0.82x 2.53x RM-24.19 Million
2021 20.34% 10.97% 0.82x 2.27x RM60.01 Million
2022 13.67% 6.54% 1.15x 1.82x RM26.39 Million
2023 11.28% 5.92% 1.03x 1.85x RM9.64 Million
2024 11.20% 4.69% 1.24x 1.92x RM8.51 Million
2025 11.21% 4.66% 1.16x 2.07x RM8.85 Million

Industry Comparison

This section compares Malaysia Smelting Corporation Bhd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $388,617,000
  • Average return on equity (ROE) among peers: 41.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Malaysia Smelting Corporation Bhd (5916) RM801.93 Million -2.08% 0.88x $392.27 Million
OM Holdings Ltd (5298) $388.62 Million 41.61% 2.29x $130.82 Million

About Malaysia Smelting Corporation Bhd

KLSE:5916 Malaysia Other Industrial Metals & Mining
Market Cap
$392.27 Million
RM1.56 Billion MYR
Market Cap Rank
#13502 Global
#146 in Malaysia
Share Price
RM1.86
Change (1 day)
-2.11%
52-Week Range
RM1.13 - RM2.49
All Time High
RM4.39
Categories
Companies in Malaysia Other Industrial Metals & Mining
About

Malaysia Smelting Corporation Berhad, an investment holding company, engages in the smelting tin concentrates and tin bearing materials primarily in Malaysia. It operates through three segments: Tin Smelting, Tin Mining, and Others. The company produces, sells, and delivers refined tin metal and by-products under the MSC brand name; explores and mines tin; smelts tin concentrates and tin bearing … Read more