Encorp Bhd (6076) - Net Assets
Based on the latest financial reports, Encorp Bhd (6076) has net assets worth RM321.73 Million MYR (≈ $80.78 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 (RM919.79 Million ≈ $230.93 Million USD) and total liabilities (RM598.07 Million ≈ $150.15 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. Explore Encorp Bhd (6076) cash conversion ratio to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM321.73 Million |
| % of Total Assets | 34.98% |
| Annual Growth Rate | -0.03% |
| 5-Year Change | -9.05% |
| 10-Year Change | -22.75% |
| Growth Volatility | 13.74 |
Encorp Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Encorp Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 6076 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Encorp Bhd (2012–2025)
The table below shows the annual net assets of Encorp Bhd from 2012 to 2025. For live valuation and market cap data, see Encorp Bhd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM321.73 Million ≈ $80.78 Million |
-3.97% |
| 2024-12-31 | RM335.03 Million ≈ $84.11 Million |
-20.00% |
| 2023-12-31 | RM418.79 Million ≈ $105.14 Million |
+25.41% |
| 2022-12-31 | RM333.94 Million ≈ $83.84 Million |
-5.60% |
| 2021-12-31 | RM353.75 Million ≈ $88.81 Million |
-2.74% |
| 2020-12-31 | RM363.73 Million ≈ $91.32 Million |
+5.16% |
| 2019-12-31 | RM345.89 Million ≈ $86.84 Million |
-10.90% |
| 2018-12-31 | RM388.21 Million ≈ $97.47 Million |
-1.14% |
| 2017-12-31 | RM392.70 Million ≈ $98.59 Million |
-5.71% |
| 2016-12-31 | RM416.48 Million ≈ $104.56 Million |
-14.30% |
| 2015-12-31 | RM486.00 Million ≈ $122.02 Million |
+2.97% |
| 2014-12-31 | RM472.00 Million ≈ $118.50 Million |
+14.56% |
| 2013-12-31 | RM412.00 Million ≈ $103.44 Million |
+27.55% |
| 2012-12-31 | RM323.00 Million ≈ $81.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Encorp 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 327.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM399.02 Million | 124.02% |
| Total Equity | RM321.73 Million | 100.00% |
Encorp Bhd Competitors by Market Cap
The table below lists competitors of Encorp Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Desenio Group AB
ST:DSNO
|
$9.53 Million |
|
PATRYS Ltd
AU:PAB
|
$9.54 Million |
|
Adaptimmune Therapeutics Plc
NASDAQ:ADAP
|
$9.54 Million |
|
Synertec Corporation Ltd
AU:SOP
|
$9.55 Million |
|
Pharmacielo Ltd
V:PCLO
|
$9.52 Million |
|
ESSA Pharma Inc
NASDAQ:EPIX
|
$9.52 Million |
|
Viking Mines Ltd
AU:VKA
|
$9.52 Million |
|
JBDI Holdings Limited Ordinary Shares
NASDAQ:JBDI
|
$9.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Encorp Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 335,029,000 to 321,730,000, a change of -13,299,000 (-4.0%).
- Net loss of 11,626,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-11.63 Million | -3.61% |
| Other Changes | RM-1.67 Million | -0.52% |
| Total Change | RM- | -3.97% |
Book Value vs Market Value Analysis
This analysis compares Encorp 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: 0.12x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.50 | RM0.12 | x |
| 2017-12-31 | RM1.34 | RM0.12 | x |
| 2018-12-31 | RM1.32 | RM0.12 | x |
| 2019-12-31 | RM1.13 | RM0.12 | x |
| 2020-12-31 | RM1.15 | RM0.12 | x |
| 2021-12-31 | RM1.12 | RM0.12 | x |
| 2022-12-31 | RM1.06 | RM0.12 | x |
| 2023-12-31 | RM1.04 | RM0.12 | x |
| 2024-12-31 | RM1.06 | RM0.12 | x |
| 2025-12-31 | RM1.02 | RM0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Encorp 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): -3.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.55%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.86x
- Recent ROE (-3.61%) is below the historical average (-3.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 6.82% | 7.91% | 0.16x | 5.39x | RM-13.24 Million |
| 2017 | -8.81% | -14.25% | 0.11x | 5.44x | RM-73.88 Million |
| 2018 | -1.92% | -2.99% | 0.12x | 5.43x | RM-46.29 Million |
| 2019 | -13.41% | -28.01% | 0.08x | 5.75x | RM-80.99 Million |
| 2020 | -1.00% | -2.72% | 0.09x | 3.89x | RM-40.02 Million |
| 2021 | -3.08% | -7.42% | 0.11x | 3.70x | RM-46.27 Million |
| 2022 | -6.03% | -14.65% | 0.11x | 3.60x | RM-53.53 Million |
| 2023 | -2.79% | -7.11% | 0.11x | 3.44x | RM-42.09 Million |
| 2024 | 0.54% | 1.74% | 0.10x | 3.10x | RM-31.70 Million |
| 2025 | -3.61% | -12.55% | 0.10x | 2.86x | RM-43.80 Million |
Industry Comparison
This section compares Encorp Bhd's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $526,305,982
- Average return on equity (ROE) among peers: -2.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Encorp Bhd (6076) | RM321.73 Million | 6.82% | 1.86x | $9.53 Million |
| Tanco Holdings Bhd (2429) | $191.00 Million | -43.46% | 0.48x | $2.62 Billion |
| Amalgamated Industrial Steel Berhad (2682) | $131.01 Million | -3.05% | 0.25x | $11.83 Million |
| EcoFirst Consolidated Bhd (3557) | $230.30 Million | 7.03% | 1.30x | $99.30 Million |
| Asian Pac Holdings Bhd (4057) | $342.00 Million | 5.26% | 1.42x | $48.59 Million |
| Glomac Bhd (5020) | $991.94 Million | 8.16% | 1.00x | $62.63 Million |
| Ibraco Bhd (5084) | $583.52 Million | 12.27% | 1.53x | $149.43 Million |
| Ivory Properties Group Bhd (5175) | $379.00 Million | 3.96% | 1.46x | $615.21K |
| Tambun Indah Land Bhd (5191) | $653.73 Million | 3.92% | 0.21x | $86.03 Million |
| Eco World International Bhd (5283) | $1.66 Billion | -5.16% | 0.01x | $129.55 Million |
| Farlim Group (Malaysia) Bhd (6041) | $105.00 Million | -11.43% | 0.29x | $5.96 Million |
About Encorp Bhd
Encorp Berhad, an investment holding company, provides general management support services in Malaysia. It operates through six segments: Investment Holding and the Provision of Management Services, Concessionaire, Construction, Property Development, Investment Property, and Others. The company engages in commercial property leasing. It also involved in the property investment; property and const… Read more