MKH Bhd (6114) - Net Assets

Latest as of September 2025: RM2.16 Billion MYR ≈ $542.91 Million USD

Based on the latest financial reports, MKH Bhd (6114) has net assets worth RM2.16 Billion MYR (≈ $542.91 Million USD) 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 ≈ $851.06 Million USD) and total liabilities (RM1.23 Billion ≈ $308.15 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. Check financial resilience of MKH Bhd to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of MKH Bhd for the complete picture of this company's asset base.

Annual Net Assets for MKH Bhd (2012–2025)

The table below shows the annual net assets of MKH Bhd from 2012 to 2025. For live valuation and market cap data, see 6114 market cap.

Year Net Assets Change
2025-09-30 RM2.16 Billion
≈ $542.91 Million		 +2.26%
2024-09-30 RM2.11 Billion
≈ $530.92 Million		 +8.43%
2023-09-30 RM1.95 Billion
≈ $489.64 Million		 +0.51%
2022-09-30 RM1.94 Billion
≈ $487.16 Million		 +13.73%
2021-09-30 RM1.71 Billion
≈ $428.34 Million		 +4.50%
2020-09-30 RM1.63 Billion
≈ $409.89 Million		 +1.03%
2019-09-30 RM1.62 Billion
≈ $405.70 Million		 +4.07%
2018-09-30 RM1.55 Billion
≈ $389.82 Million		 +5.12%
2017-09-30 RM1.48 Billion
≈ $370.82 Million		 +15.73%
2016-09-30 RM1.28 Billion
≈ $320.43 Million		 +13.25%
2015-09-30 RM1.13 Billion
≈ $282.95 Million		 +6.52%
2014-09-30 RM1.06 Billion
≈ $265.63 Million		 +10.67%
2013-09-30 RM956.00 Million
≈ $240.02 Million		 +20.10%
2012-09-30 RM796.00 Million
≈ $199.85 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
Novolog Pharm-Up 1966 Ltd
TA:NVLG
 $133.27 Million
De Licacy Industrial Co Ltd
TW:1464
 $133.28 Million
Imperial Petroleum Inc
NASDAQ:IMPP
 $133.31 Million
VenueG Co. Ltd
KQ:019010
 $133.35 Million
Unicycive Therapeutics Inc
NASDAQ:UNCY
 $133.25 Million
Lithium Ionic Corp
V:LTH
 $133.23 Million
NOVONIX LTD SP.ADS/4
F:GC30
 $133.20 Million
MOLECULAR PARTNERS ADS/1
F:6ML0
 $133.19 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: 0.28x
  • 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 RM0.92 x
2017-09-30 RM2.62 RM0.92 x
2018-09-30 RM2.67 RM0.92 x
2019-09-30 RM2.79 RM0.92 x
2020-09-30 RM2.83 RM0.92 x
2021-09-30 RM2.95 RM0.92 x
2022-09-30 RM3.13 RM0.92 x
2023-09-30 RM3.22 RM0.92 x
2024-09-30 RM3.16 RM0.92 x
2025-09-30 RM3.26 RM0.92 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: $605,697,368
  • Average return on equity (ROE) among peers: 5.70%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MKH Bhd (6114) RM2.16 Billion 16.07% 0.57x $133.25 Million
Vinvest Capital Holdings Bhd (0069) $536.55 Million -12.71% 0.29x $4.87 Million
Gagasan Nadi Cergas Berhad (0206) $306.56 Million 24.02% 1.53x $66.17 Million
Vestland Berhad (0273) $35.81 Million 19.57% 2.38x $138.69 Million
Global Oriental Bhd (1147) $461.93 Million 8.40% 1.09x $10.84 Million
Pan Malaysia Holdings Bhd (1287) $47.90 Million -2.72% 0.45x $186.57 Million
GuocoLand (Malaysia) Bhd (1503) $1.39 Billion 4.78% 1.04x $181.65 Million
Symphony Life Bhd (1538) $609.57 Million 5.22% 0.96x $33.15 Million
Iskandar Waterfront City Bhd (1589) $719.54 Million -2.64% 0.91x $58.97 Million
Paramount Corporation Bhd (1724) $1.13 Billion 7.82% 0.78x $157.92 Million
Selangor Dredging Bhd (2224) $813.78 Million 5.29% 0.88x $44.93 Million

About MKH Bhd

KLSE:6114 Malaysia Real Estate - Development
Market Cap
$133.25 Million
RM530.74 Million MYR
Market Cap Rank
#18083 Global
#285 in Malaysia
Share Price
RM0.92
Change (1 day)
+0.55%
52-Week Range
RM0.92 - RM1.09
All Time High
RM128.00
Categories
Companies in Malaysia Real Estate - Development
About

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