Star Media Group Bhd
Star Media Group Berhad engages in the publication, printing, and distribution of newspapers, magazines, and digital content services in Malaysia, the United States, Singapore, Ireland, the United Kingdom, Indonesia, Dubai, and internationally. It operates through three segments: Print, Digital and Events; Broadcasting; and Property Development and Investment. The Print and Digital segment prints… Read more
Star Media Group Bhd (6084) - Net Assets
Latest net assets as of September 2025: RM679.36 Million MYR
Based on the latest financial reports, Star Media Group Bhd (6084) has net assets worth RM679.36 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 (RM737.97 Million) and total liabilities (RM58.62 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 | RM679.36 Million |
| % of Total Assets | 92.06% |
| Annual Growth Rate | -4.06% |
| 5-Year Change | -8.69% |
| 10-Year Change | -40.96% |
| Growth Volatility | 8.28 |
Star Media Group Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Star Media Group 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 Star Media Group Bhd (2012–2024)
The table below shows the annual net assets of Star Media Group Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM711.99 Million | +9.13% |
| 2023-12-31 | RM652.40 Million | +0.04% |
| 2022-12-31 | RM652.15 Million | +0.77% |
| 2021-12-31 | RM647.17 Million | -17.00% |
| 2020-12-31 | RM779.75 Million | -4.73% |
| 2019-12-31 | RM818.47 Million | -1.66% |
| 2018-12-31 | RM832.28 Million | -4.73% |
| 2017-12-31 | RM873.61 Million | -22.60% |
| 2016-12-31 | RM1.13 Billion | -6.41% |
| 2015-12-31 | RM1.21 Billion | +2.55% |
| 2014-12-31 | RM1.18 Billion | -1.51% |
| 2013-12-31 | RM1.19 Billion | +1.96% |
| 2012-12-31 | RM1.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Star Media Group 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 106.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM738.56 Million | 103.73% |
| Total Equity | RM711.99 Million | 100.00% |
Star Media Group Bhd Competitors by Market Cap
The table below lists competitors of Star Media Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aptamer Sciences Inc
KQ:291650
|
$16.41 Million |
|
Concord Medical Services Holdings
NYSE:CCM
|
$16.41 Million |
|
OY Nofar Energy Ltd
TA:NOFR
|
$16.42 Million |
|
Yjn Co.,Ltd.
TWO:3191
|
$16.42 Million |
|
4C Group AB
ST:4C
|
$16.40 Million |
|
Maxeon Solar Technologies Ltd
NASDAQ:MAXN
|
$16.40 Million |
|
Superdong Fast Ferry Kien Giang JSC
VN:SKG
|
$16.40 Million |
|
TaiwanJ Pharmaceuticals Co., Ltd.
TWO:6549
|
$16.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Star Media Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 652,400,000 to 711,993,000, a change of 59,593,000 (9.1%).
- Net income of 66,807,000 contributed positively to equity growth.
- Dividend payments of 7,248,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM66.81 Million | +9.38% |
| Dividends Paid | RM7.25 Million | -1.02% |
| Other Changes | RM34.00K | +0.0% |
| Total Change | RM- | 9.13% |
Book Value vs Market Value Analysis
This analysis compares Star Media Group 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: 0.32x
- 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 increased from 0.21x to 0.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.53 | RM0.32 | x |
| 2017-12-31 | RM1.18 | RM0.32 | x |
| 2018-12-31 | RM1.13 | RM0.32 | x |
| 2019-12-31 | RM1.11 | RM0.32 | x |
| 2020-12-31 | RM1.08 | RM0.32 | x |
| 2021-12-31 | RM0.89 | RM0.32 | x |
| 2022-12-31 | RM0.90 | RM0.32 | x |
| 2023-12-31 | RM0.90 | RM0.32 | x |
| 2024-12-31 | RM0.98 | RM0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Star Media Group 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): 9.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.98%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.09x
- Recent ROE (9.38%) is above the historical average (1.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.74% | 11.79% | 0.57x | 1.46x | RM-2.95 Million |
| 2017 | 10.34% | 19.24% | 0.41x | 1.32x | RM2.93 Million |
| 2018 | 0.63% | 1.33% | 0.41x | 1.14x | RM-78.00 Million |
| 2019 | 0.69% | 1.80% | 0.32x | 1.19x | RM-76.17 Million |
| 2020 | -2.53% | -10.04% | 0.21x | 1.19x | RM-97.69 Million |
| 2021 | -20.45% | -70.74% | 0.25x | 1.18x | RM-197.08 Million |
| 2022 | 1.06% | 3.19% | 0.28x | 1.19x | RM-58.29 Million |
| 2023 | 1.15% | 3.40% | 0.28x | 1.19x | RM-57.75 Million |
| 2024 | 9.38% | 26.98% | 0.32x | 1.09x | RM-4.39 Million |
Industry Comparison
This section compares Star Media Group Bhd's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $143,648,047
- Average return on equity (ROE) among peers: 10.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Star Media Group Bhd (6084) | RM679.36 Million | 9.74% | 0.09x | $16.40 Million |
| Catcha Digital Bhd (0173) | $55.91 Million | 10.56% | 0.48x | $4.68 Million |
| Media Chinese International Ltd (5090) | $216.00 Million | 14.35% | 0.96x | $8.95 Million |
| Sasbadi Holdings Bhd (5252) | $159.04 Million | 6.95% | 0.36x | $5.94 Million |