Bina Puri Holdings Bhd
Bina Puri Holdings Bhd, an investment holding company, engages in the construction and property development businesses in Malaysia and other Asian countries. The company operates through Construction, Property Development, Quarry, and Power Supply segments. It constructs roads and highways, earthworks, roadpavings, buildings, bridges, interchanges, waterworks, and land reclamation projects; build… Read more
Bina Puri Holdings Bhd (5932) - Net Assets
Latest net assets as of September 2025: RM154.95 Million MYR
Based on the latest financial reports, Bina Puri Holdings Bhd (5932) has net assets worth RM154.95 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM943.62 Million) and total liabilities (RM788.68 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM154.95 Million |
| % of Total Assets | 16.42% |
| Annual Growth Rate | 4.15% |
| 5-Year Change | 4.55% |
| 10-Year Change | 12.09% |
| Growth Volatility | 53.59 |
Bina Puri Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Bina Puri Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bina Puri Holdings Bhd (2012–2024)
The table below shows the annual net assets of Bina Puri Holdings Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM242.66 Million | +178.19% |
| 2023-12-31 | RM87.23 Million | -16.31% |
| 2022-12-31 | RM104.23 Million | -37.78% |
| 2021-12-31 | RM167.53 Million | -27.82% |
| 2020-12-31 | RM232.10 Million | -4.30% |
| 2019-12-31 | RM242.52 Million | -4.34% |
| 2018-12-31 | RM253.54 Million | +9.06% |
| 2017-12-31 | RM232.47 Million | +4.25% |
| 2016-12-31 | RM222.99 Million | +3.01% |
| 2015-12-31 | RM216.48 Million | -13.06% |
| 2014-12-31 | RM249.00 Million | +35.33% |
| 2013-12-31 | RM184.00 Million | +23.49% |
| 2012-12-31 | RM149.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bina Puri Holdings 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 338.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM341.25 Million | 262.49% |
| Total Equity | RM130.00 Million | 100.00% |
Bina Puri Holdings Bhd Competitors by Market Cap
The table below lists competitors of Bina Puri Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cape EMS Berhad
KLSE:5311
|
$36.05 Million |
|
One Group Hospitality Inc
NASDAQ:STKS
|
$36.06 Million |
|
QUADFUTURE
NSE:QUADFUTURE
|
$36.07 Million |
|
Pancontinental Oil & Gas NL
PINK:PCOGF
|
$36.09 Million |
|
Banvit Bandirma Vitaminli Yem Sanayi AS
IS:BANVT
|
$36.03 Million |
|
Promate Solutions
TWO:6577
|
$36.02 Million |
|
Gemfields Group Limited
PINK:PLLHF
|
$36.02 Million |
|
Value8 N.V
AS:VALUE
|
$36.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bina Puri Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,228,000 to 130,005,000, a change of 42,777,000 (49.0%).
- Net income of 2,647,000 contributed positively to equity growth.
- Share repurchases of 39,957,000 reduced equity.
- New share issuances of 39,957,000 increased equity.
- Other factors increased equity by 40,130,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.65 Million | +2.04% |
| Share Repurchases | RM39.96 Million | -30.73% |
| Share Issuances | RM39.96 Million | +30.73% |
| Other Changes | RM40.13 Million | +30.87% |
| Total Change | RM- | 49.04% |
Book Value vs Market Value Analysis
This analysis compares Bina Puri Holdings 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: 1.88x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.37x to 1.88x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.81 | RM0.30 | x |
| 2016-12-31 | RM0.79 | RM0.30 | x |
| 2017-12-31 | RM0.75 | RM0.30 | x |
| 2018-12-31 | RM0.57 | RM0.30 | x |
| 2019-12-31 | RM0.32 | RM0.30 | x |
| 2020-12-31 | RM0.16 | RM0.30 | x |
| 2021-12-31 | RM0.10 | RM0.30 | x |
| 2022-12-31 | RM0.03 | RM0.30 | x |
| 2023-12-31 | RM0.13 | RM0.30 | x |
| 2024-12-31 | RM0.16 | RM0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bina Puri Holdings 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): 2.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.95%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 7.14x
- Recent ROE (2.04%) is above the historical average (-20.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.10% | 0.57% | 0.72x | 7.59x | RM-13.38 Million |
| 2015 | 1.56% | 0.27% | 0.69x | 8.24x | RM-18.27 Million |
| 2016 | 0.48% | 0.10% | 0.62x | 7.60x | RM-21.23 Million |
| 2017 | 0.63% | 0.13% | 0.65x | 7.30x | RM-21.79 Million |
| 2018 | 0.18% | 0.04% | 0.70x | 5.91x | RM-24.89 Million |
| 2019 | -22.31% | -13.97% | 0.29x | 5.47x | RM-78.36 Million |
| 2020 | -27.54% | -22.23% | 0.21x | 5.85x | RM-87.12 Million |
| 2021 | -44.62% | -31.82% | 0.20x | 6.88x | RM-91.50 Million |
| 2022 | -117.97% | -129.64% | 0.09x | 9.85x | RM-133.38 Million |
| 2023 | -17.22% | -8.92% | 0.19x | 10.17x | RM-23.74 Million |
| 2024 | 2.04% | 0.95% | 0.30x | 7.14x | RM-10.35 Million |
Industry Comparison
This section compares Bina Puri Holdings Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bina Puri Holdings Bhd (5932) | RM154.95 Million | 3.10% | 5.09x | $36.05 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |