Maxis Bhd
Maxis Berhad, an investment holding company, provides a suite of converged telecommunications, digital, and related services and solutions in Malaysia and internationally. It offers mobile plans; devices, such as mobiles, tablets, wearables, and home devices; broadband services; data and internet, and satellite services; and digital, point of sales and payment, collaboration, voice, security, and… Read more
Maxis Bhd (6012) - Net Assets
Latest net assets as of December 2025: RM6.15 Billion MYR
Based on the latest financial reports, Maxis Bhd (6012) has net assets worth RM6.15 Billion MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM22.52 Billion) and total liabilities (RM16.38 Billion). 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 | RM6.15 Billion |
| % of Total Assets | 27.29% |
| Annual Growth Rate | 3.2% |
| 5-Year Change | -5.07% |
| 10-Year Change | 33.35% |
| Growth Volatility | 32.0 |
Maxis Bhd - Net Assets Trend (2006–2025)
This chart illustrates how Maxis 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 Maxis Bhd (2006–2025)
The table below shows the annual net assets of Maxis Bhd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM6.15 Billion | +4.08% |
| 2024-12-31 | RM5.91 Billion | +2.82% |
| 2023-12-31 | RM5.74 Billion | -5.70% |
| 2022-12-31 | RM6.09 Billion | -5.93% |
| 2021-12-31 | RM6.47 Billion | -3.57% |
| 2020-12-31 | RM6.71 Billion | -4.09% |
| 2019-12-31 | RM7.00 Billion | -2.09% |
| 2018-12-31 | RM7.15 Billion | +2.94% |
| 2017-12-31 | RM6.95 Billion | +50.69% |
| 2016-12-31 | RM4.61 Billion | +9.22% |
| 2015-12-31 | RM4.22 Billion | -10.92% |
| 2014-12-31 | RM4.74 Billion | -21.26% |
| 2013-12-31 | RM6.02 Billion | -14.74% |
| 2012-12-31 | RM7.06 Billion | -12.75% |
| 2011-12-31 | RM8.09 Billion | -6.67% |
| 2010-12-31 | RM8.67 Billion | -3.11% |
| 2009-12-31 | RM8.95 Billion | +108.79% |
| 2008-12-31 | RM4.28 Billion | +64.59% |
| 2007-12-31 | RM2.60 Billion | -23.02% |
| 2006-12-31 | RM3.38 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maxis 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 2619300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM26.19 Billion | 426.11% |
| Common Stock | RM2.60 Billion | 42.35% |
| Other Comprehensive Income | RM-22.73 Billion | -369.76% |
| Other Components | RM80.00 Million | 1.30% |
| Total Equity | RM6.15 Billion | 100.00% |
Maxis Bhd Competitors by Market Cap
The table below lists competitors of Maxis Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen New Industries Biomedical
SHE:300832
|
$2.41 Billion |
|
ACM Research Shanghai Inc
SHG:688082
|
$2.41 Billion |
|
TOHO GAS CO. LTD
F:59W
|
$2.41 Billion |
|
Trinity Industries Inc
NYSE:TRN
|
$2.41 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
$2.41 Billion |
|
Shenzhen Intellifusion Technologies Co. Ltd. A
SHG:688343
|
$2.40 Billion |
|
Maruwa Co.,Ltd.
PINK:MAWAF
|
$2.40 Billion |
|
PennyMac Finl Svcs Inc
NYSE:PFSI
|
$2.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maxis Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,905,000,000 to 6,147,000,000, a change of 242,000,000 (4.1%).
- Net income of 1,561,000,000 contributed positively to equity growth.
- Dividend payments of 1,332,000,000 reduced retained earnings.
- Share repurchases of 4,000,000 reduced equity.
- New share issuances of 5,000,000 increased equity.
- Other comprehensive income decreased equity by 73,000,000.
- Other factors increased equity by 85,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.56 Billion | +25.39% |
| Dividends Paid | RM1.33 Billion | -21.67% |
| Share Repurchases | RM4.00 Million | -0.07% |
| Share Issuances | RM5.00 Million | +0.08% |
| Other Comprehensive Income | RM-73.00 Million | -1.19% |
| Other Changes | RM85.00 Million | +1.38% |
| Total Change | RM- | 4.10% |
Book Value vs Market Value Analysis
This analysis compares Maxis 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: 4.75x
- 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 8.25x to 4.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | RM0.45 | RM3.72 | x |
| 2007-12-31 | RM0.35 | RM3.72 | x |
| 2008-12-31 | RM0.57 | RM3.72 | x |
| 2009-12-31 | RM1.55 | RM3.72 | x |
| 2010-12-31 | RM1.16 | RM3.72 | x |
| 2011-12-31 | RM1.08 | RM3.72 | x |
| 2012-12-31 | RM0.94 | RM3.72 | x |
| 2013-12-31 | RM0.80 | RM3.72 | x |
| 2014-12-31 | RM0.63 | RM3.72 | x |
| 2015-12-31 | RM0.56 | RM3.72 | x |
| 2016-12-31 | RM0.63 | RM3.72 | x |
| 2017-12-31 | RM0.90 | RM3.72 | x |
| 2018-12-31 | RM0.91 | RM3.72 | x |
| 2019-12-31 | RM0.90 | RM3.72 | x |
| 2020-12-31 | RM0.90 | RM3.72 | x |
| 2021-12-31 | RM0.86 | RM3.72 | x |
| 2022-12-31 | RM0.81 | RM3.72 | x |
| 2023-12-31 | RM0.73 | RM3.72 | x |
| 2024-12-31 | RM0.75 | RM3.72 | x |
| 2025-12-31 | RM0.78 | RM3.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maxis 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): 25.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.75%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.66x
- Recent ROE (25.39%) is below the historical average (29.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 62.27% | 30.26% | 0.84x | 2.46x | RM1.77 Billion |
| 2007 | 76.07% | 25.75% | 1.13x | 2.62x | RM1.72 Billion |
| 2008 | -2.37% | -1.41% | 0.85x | 1.97x | RM-529.78 Million |
| 2009 | 17.64% | 20.73% | 0.43x | 1.99x | RM683.28 Million |
| 2010 | 26.49% | 25.88% | 0.49x | 2.10x | RM1.43 Billion |
| 2011 | 31.26% | 28.71% | 0.49x | 2.23x | RM1.72 Billion |
| 2012 | 26.33% | 20.70% | 0.50x | 2.53x | RM1.15 Billion |
| 2013 | 29.42% | 19.43% | 0.52x | 2.89x | RM1.17 Billion |
| 2014 | 36.42% | 20.47% | 0.46x | 3.84x | RM1.25 Billion |
| 2015 | 41.50% | 20.22% | 0.45x | 4.53x | RM1.32 Billion |
| 2016 | 42.64% | 23.38% | 0.44x | 4.14x | RM1.54 Billion |
| 2017 | 31.39% | 23.14% | 0.49x | 2.75x | RM1.49 Billion |
| 2018 | 24.89% | 19.36% | 0.46x | 2.77x | RM1.06 Billion |
| 2019 | 21.39% | 16.24% | 0.42x | 3.16x | RM805.00 Million |
| 2020 | 19.60% | 15.41% | 0.41x | 3.11x | RM677.00 Million |
| 2021 | 19.45% | 14.15% | 0.41x | 3.34x | RM635.50 Million |
| 2022 | 18.09% | 11.77% | 0.42x | 3.62x | RM515.10 Million |
| 2023 | 17.29% | 9.81% | 0.44x | 3.97x | RM418.70 Million |
| 2024 | 23.64% | 13.31% | 0.47x | 3.78x | RM805.50 Million |
| 2025 | 25.39% | 14.75% | 0.47x | 3.66x | RM946.30 Million |
Industry Comparison
This section compares Maxis Bhd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,226,813,637
- Average return on equity (ROE) among peers: -7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maxis Bhd (6012) | RM6.15 Billion | 62.27% | 2.66x | $2.41 Billion |
| XOX Technology Bhd (0017) | $21.77 Million | -27.23% | 1.17x | $4.03 Million |
| Redtone International Bhd (0032) | $267.33 Million | 9.85% | 0.51x | $21.72 Million |
| Green Packet Bhd (0082) | $349.33 Million | -41.05% | 1.73x | $15.20 Million |
| mTouche Technology Bhd (0092) | $66.42 Million | -15.58% | 0.26x | $1.71 Million |
| M N C Wireless Bhd (0103) | $78.09 Million | -8.51% | 0.12x | $1.76 Million |
| XOX Bhd (0165) | $233.64 Million | -38.94% | 0.48x | $4.73 Million |
| OCK Group Bhd (0172) | $724.93 Million | 4.52% | 1.27x | $56.44 Million |
| Binasat Communications Bhd (0195) | $70.99 Million | 12.78% | 0.26x | $5.55 Million |
| Telekom Malaysia Bhd (4863) | $7.33 Billion | 12.22% | 2.12x | $5.06 Billion |
| TIME Dotcom Bhd (5031) | $3.13 Billion | 14.38% | 0.34x | $1.40 Billion |