SHL Consolidated Bhd
SHL Consolidated Bhd., an investment holding company, engages in the development of integrated commercial and residential properties in Malaysia. It also quarries granite and manufactures aggregates; undertakes building construction, earthworks, and infrastructure works; and rents out plant and machineries. In addition, the company owns and operates a golf resort; manufactures clay bricks; suppli… Read more
SHL Consolidated Bhd (6017) - Net Assets
Latest net assets as of September 2025: RM957.01 Million MYR
Based on the latest financial reports, SHL Consolidated Bhd (6017) has net assets worth RM957.01 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 (RM1.05 Billion) and total liabilities (RM97.11 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 | RM957.01 Million |
| % of Total Assets | 90.79% |
| Annual Growth Rate | 3.81% |
| 5-Year Change | 13.17% |
| 10-Year Change | 26.32% |
| Growth Volatility | 4.55 |
SHL Consolidated Bhd - Net Assets Trend (2013–2025)
This chart illustrates how SHL Consolidated 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 SHL Consolidated Bhd (2013–2025)
The table below shows the annual net assets of SHL Consolidated Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM933.49 Million | -2.65% |
| 2024-03-31 | RM958.87 Million | +8.07% |
| 2023-03-31 | RM887.26 Million | +3.83% |
| 2022-03-31 | RM854.57 Million | +3.60% |
| 2021-03-31 | RM824.84 Million | -0.67% |
| 2020-03-31 | RM830.44 Million | +3.23% |
| 2019-03-31 | RM804.48 Million | +1.77% |
| 2018-03-31 | RM790.47 Million | +5.36% |
| 2017-03-31 | RM750.23 Million | +1.52% |
| 2016-03-31 | RM739.00 Million | +3.50% |
| 2015-03-31 | RM714.00 Million | +16.29% |
| 2014-03-31 | RM614.00 Million | +3.02% |
| 2013-03-31 | RM596.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SHL Consolidated 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 67.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM685.76 Million | 73.46% |
| Common Stock | RM247.73 Million | 26.54% |
| Total Equity | RM933.49 Million | 100.00% |
SHL Consolidated Bhd Competitors by Market Cap
The table below lists competitors of SHL Consolidated Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jin Yang Pharmaceutical Co. Ltd
KQ:007370
|
$23.80 Million |
|
Ekarat Engineering Public Company Limited
BK:AKR
|
$23.80 Million |
|
Victory New Materials Ltd Co
TW:1340
|
$23.81 Million |
|
Eniro AB
ST:ENRO
|
$23.81 Million |
|
Globaltec Formation Bhd
KLSE:5220
|
$23.80 Million |
|
HORNG SHIUE HOLDING Co Ltd
TW:2243
|
$23.79 Million |
|
American Creek Resources Ltd
OTCQB:ACKRF
|
$23.79 Million |
|
Jorjin Technologies
TWO:4980
|
$23.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SHL Consolidated Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 939,946,000 to 933,487,000, a change of -6,459,000 (-0.7%).
- Net income of 37,118,000 contributed positively to equity growth.
- Dividend payments of 43,582,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM37.12 Million | +3.98% |
| Dividends Paid | RM43.58 Million | -4.67% |
| Other Changes | RM5.00K | +0.0% |
| Total Change | RM- | -0.69% |
Book Value vs Market Value Analysis
This analysis compares SHL Consolidated 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: 0.57x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.71x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM3.10 | RM2.21 | x |
| 2018-03-31 | RM3.26 | RM2.21 | x |
| 2019-03-31 | RM3.32 | RM2.21 | x |
| 2020-03-31 | RM3.43 | RM2.21 | x |
| 2021-03-31 | RM3.41 | RM2.21 | x |
| 2022-03-31 | RM3.53 | RM2.21 | x |
| 2023-03-31 | RM3.66 | RM2.21 | x |
| 2024-03-31 | RM3.88 | RM2.21 | x |
| 2025-03-31 | RM3.86 | RM2.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SHL Consolidated 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): 3.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.84%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.11x
- Recent ROE (3.98%) is below the historical average (6.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 10.97% | 40.51% | 0.23x | 1.20x | RM7.27 Million |
| 2018 | 8.74% | 38.29% | 0.19x | 1.19x | RM-9.92 Million |
| 2019 | 7.76% | 36.46% | 0.17x | 1.23x | RM-18.01 Million |
| 2020 | 5.04% | 30.30% | 0.13x | 1.24x | RM-41.20 Million |
| 2021 | 2.84% | 24.23% | 0.10x | 1.23x | RM-59.03 Million |
| 2022 | 5.74% | 24.80% | 0.20x | 1.16x | RM-36.40 Million |
| 2023 | 6.13% | 26.09% | 0.21x | 1.14x | RM-34.31 Million |
| 2024 | 8.70% | 34.55% | 0.23x | 1.11x | RM-12.25 Million |
| 2025 | 3.98% | 29.84% | 0.12x | 1.11x | RM-56.23 Million |
Industry Comparison
This section compares SHL Consolidated Bhd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,018,953,714
- Average return on equity (ROE) among peers: 1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SHL Consolidated Bhd (6017) | RM957.01 Million | 10.97% | 0.10x | $23.80 Million |
| Menang Corporation (Malaysia) Bhd (1694) | $359.70 Million | 3.37% | 1.84x | $10.38 Million |
| Pegasus Heights Bhd (4464) | $130.89 Million | -3.54% | 0.06x | $12.01 Million |
| Meridian Bhd (5040) | $137.29 Million | -6.60% | 0.46x | $426.43K |
| MPHB Capital Bhd (5237) | $1.71 Billion | 1.48% | 0.02x | $160.75 Million |
| IGB Bhd (5606) | $4.31 Billion | 9.66% | 1.04x | $282.09 Million |
| Y&G Corp Bhd (7003) | $319.26 Million | 0.10% | 0.23x | $2.25 Million |
| Bertam Alliance Bhd (9814) | $169.00 Million | 7.10% | 0.95x | $1.69 Million |