MKH Bhd
MKH Berhad, an investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, and Indonesia. The Property Development and Construction segment is involved in the property development, building, and civil works contracting activities. The Plantation segment engages in the oil palm cultivation activities… Read more
MKH Bhd (6114) - Net Assets
Latest net assets as of September 2025: RM2.16 Billion MYR
Based on the latest financial reports, MKH Bhd (6114) has net assets worth RM2.16 Billion MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM3.39 Billion) and total liabilities (RM1.23 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 | RM2.16 Billion |
| % of Total Assets | 63.79% |
| Annual Growth Rate | 7.99% |
| 5-Year Change | 26.75% |
| 10-Year Change | 69.43% |
| Growth Volatility | 5.88 |
MKH Bhd - Net Assets Trend (2012–2025)
This chart illustrates how MKH 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 MKH Bhd (2012–2025)
The table below shows the annual net assets of MKH Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RM2.16 Billion | +2.26% |
| 2024-09-30 | RM2.11 Billion | +8.43% |
| 2023-09-30 | RM1.95 Billion | +0.51% |
| 2022-09-30 | RM1.94 Billion | +13.73% |
| 2021-09-30 | RM1.71 Billion | +4.50% |
| 2020-09-30 | RM1.63 Billion | +1.03% |
| 2019-09-30 | RM1.62 Billion | +4.07% |
| 2018-09-30 | RM1.55 Billion | +5.12% |
| 2017-09-30 | RM1.48 Billion | +15.73% |
| 2016-09-30 | RM1.28 Billion | +13.25% |
| 2015-09-30 | RM1.13 Billion | +6.52% |
| 2014-09-30 | RM1.06 Billion | +10.67% |
| 2013-09-30 | RM956.00 Million | +20.10% |
| 2012-09-30 | RM796.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MKH 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 49.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.25 Billion | 66.25% |
| Common Stock | RM654.46 Million | 34.81% |
| Other Comprehensive Income | RM-44.06 Million | -2.34% |
| Other Components | RM24.22 Million | 1.29% |
| Total Equity | RM1.88 Billion | 100.00% |
MKH Bhd Competitors by Market Cap
The table below lists competitors of MKH Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Imas Makina Sanayi AS
IS:IMASM
|
$48.54 Million |
|
Sanstar Ltd
NSE:SANSTAR
|
$48.55 Million |
|
Prevas AB Series B
LSE:0H2J
|
$48.55 Million |
|
Central Plains Bancshares, Inc. Common Stock
NASDAQ:CPBI
|
$48.55 Million |
|
Jyong Biotech Ltd. Ordinary Shares
NASDAQ:MENS
|
$48.51 Million |
|
MedPeerInc
PINK:MDPEF
|
$48.50 Million |
|
Melhus Sparebank
OL:MELG
|
$48.50 Million |
|
Soken Chemical & Engineering Co. Ltd
MU:SOQ
|
$48.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MKH Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,823,744,000 to 1,880,179,000, a change of 56,435,000 (3.1%).
- Net income of 90,599,000 contributed positively to equity growth.
- Dividend payments of 23,087,000 reduced retained earnings.
- Share repurchases of 3,953,000 reduced equity.
- Other comprehensive income decreased equity by 48,890,266.
- Other factors increased equity by 41,766,266.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM90.60 Million | +4.82% |
| Dividends Paid | RM23.09 Million | -1.23% |
| Share Repurchases | RM3.95 Million | -0.21% |
| Other Comprehensive Income | RM-48.89 Million | -2.6% |
| Other Changes | RM41.77 Million | +2.22% |
| Total Change | RM- | 3.09% |
Book Value vs Market Value Analysis
This analysis compares MKH 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: 0.29x
- 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 |
|---|---|---|---|
| 2016-09-30 | RM2.94 | RM0.94 | x |
| 2017-09-30 | RM2.62 | RM0.94 | x |
| 2018-09-30 | RM2.67 | RM0.94 | x |
| 2019-09-30 | RM2.79 | RM0.94 | x |
| 2020-09-30 | RM2.83 | RM0.94 | x |
| 2021-09-30 | RM2.95 | RM0.94 | x |
| 2022-09-30 | RM3.13 | RM0.94 | x |
| 2023-09-30 | RM3.22 | RM0.94 | x |
| 2024-09-30 | RM3.16 | RM0.94 | x |
| 2025-09-30 | RM3.26 | RM0.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MKH 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): 4.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.52%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.80x
- Recent ROE (4.82%) is below the historical average (6.08%), 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 | 16.07% | 16.20% | 0.39x | 2.55x | RM77.41 Million |
| 2017 | 8.68% | 12.00% | 0.33x | 2.18x | RM-19.49 Million |
| 2018 | 4.56% | 6.55% | 0.33x | 2.09x | RM-84.40 Million |
| 2019 | 5.11% | 7.36% | 0.33x | 2.08x | RM-79.03 Million |
| 2020 | 2.56% | 4.58% | 0.27x | 2.05x | RM-121.52 Million |
| 2021 | 4.71% | 8.80% | 0.26x | 2.03x | RM-90.17 Million |
| 2022 | 6.22% | 11.61% | 0.28x | 1.89x | RM-68.34 Million |
| 2023 | 4.01% | 7.01% | 0.32x | 1.77x | RM-111.47 Million |
| 2024 | 4.04% | 6.95% | 0.31x | 1.88x | RM-108.62 Million |
| 2025 | 4.82% | 9.52% | 0.28x | 1.80x | RM-97.42 Million |
Industry Comparison
This section compares MKH Bhd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $565,025,416
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MKH Bhd (6114) | RM2.16 Billion | 16.07% | 0.57x | $48.51 Million |
| Vinvest Capital Holdings Bhd (0069) | $581.54 Million | 0.67% | 0.36x | $2.71 Million |
| Gagasan Nadi Cergas Berhad (0206) | $442.13 Million | -0.76% | 1.23x | $7.59 Million |
| Vestland Berhad (0273) | $46.45 Million | 22.90% | 2.63x | $15.49 Million |
| KTI (0308) | $127.30 Million | 12.27% | 0.83x | $5.35 Million |
| Global Oriental Bhd (1147) | $255.86 Million | 5.65% | 2.56x | $4.63 Million |
| GuocoLand (Malaysia) Bhd (1503) | $892.00 Million | 4.71% | 1.18x | $21.92 Million |
| Symphony Life Bhd (1538) | $916.62 Million | -0.87% | 0.32x | $11.92 Million |
| Iskandar Waterfront City Bhd (1589) | $812.33 Million | 5.62% | 1.19x | $27.36 Million |
| Paramount Corporation Bhd (1724) | $727.00 Million | 7.43% | 0.79x | $69.73 Million |
| Selangor Dredging Bhd (2224) | $849.02 Million | 2.88% | 0.71x | $9.77 Million |