Syarikat Takaful Malaysia Bhd (6139) - Net Assets
Based on the latest financial reports, Syarikat Takaful Malaysia Bhd (6139) has net assets worth RM2.37 Billion MYR (≈ $594.93 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 (RM17.81 Billion ≈ $4.47 Billion USD) and total liabilities (RM15.44 Billion ≈ $3.88 Billion 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 6139 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM2.37 Billion |
| % of Total Assets | 13.3% |
| Annual Growth Rate | 10.64% |
| 5-Year Change | 26.57% |
| 10-Year Change | 175.33% |
| Growth Volatility | 9.28 |
Syarikat Takaful Malaysia Bhd - Net Assets Trend (2006–2024)
This chart illustrates how Syarikat Takaful Malaysia Bhd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Syarikat Takaful Malaysia Bhd for the complete picture of this company's asset base.
Annual Net Assets for Syarikat Takaful Malaysia Bhd (2006–2024)
The table below shows the annual net assets of Syarikat Takaful Malaysia Bhd from 2006 to 2024. For live valuation and market cap data, see Syarikat Takaful Malaysia Bhd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM1.95 Billion ≈ $489.94 Million |
+13.84% |
| 2023-12-31 | RM1.71 Billion ≈ $430.38 Million |
-15.12% |
| 2022-12-31 | RM2.02 Billion ≈ $507.01 Million |
+9.61% |
| 2021-12-31 | RM1.84 Billion ≈ $462.56 Million |
+19.50% |
| 2020-12-31 | RM1.54 Billion ≈ $387.10 Million |
+22.90% |
| 2019-12-31 | RM1.25 Billion ≈ $314.97 Million |
+23.95% |
| 2018-12-31 | RM1.01 Billion ≈ $254.12 Million |
+21.44% |
| 2017-12-31 | RM833.45 Million ≈ $209.25 Million |
+12.15% |
| 2016-12-31 | RM743.14 Million ≈ $186.58 Million |
+4.85% |
| 2015-12-31 | RM708.77 Million ≈ $177.95 Million |
+18.83% |
| 2014-12-31 | RM596.45 Million ≈ $149.75 Million |
+1.11% |
| 2013-12-31 | RM589.90 Million ≈ $148.10 Million |
+12.28% |
| 2012-12-31 | RM525.36 Million ≈ $131.90 Million |
+10.03% |
| 2011-12-31 | RM477.49 Million ≈ $119.88 Million |
+15.60% |
| 2010-12-31 | RM413.04 Million ≈ $103.70 Million |
+9.43% |
| 2009-12-31 | RM377.44 Million ≈ $94.76 Million |
+12.32% |
| 2008-12-31 | RM336.04 Million ≈ $84.37 Million |
+0.21% |
| 2007-12-31 | RM335.33 Million ≈ $84.19 Million |
+6.14% |
| 2006-12-31 | RM315.94 Million ≈ $79.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Syarikat Takaful Malaysia 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 164663900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.65 Billion | 85.88% |
| Common Stock | RM241.38 Million | 12.59% |
| Other Components | RM29.31 Million | 1.53% |
| Total Equity | RM1.92 Billion | 100.00% |
Syarikat Takaful Malaysia Bhd Competitors by Market Cap
The table below lists competitors of Syarikat Takaful Malaysia Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Dafeng Industrial Co Ltd
SHG:603081
|
$755.50 Million |
|
Beijing Science Sun Pharmaceutical Co Ltd
SHE:300485
|
$755.58 Million |
|
Brightspire Capital Inc
NYSE:BRSP
|
$755.61 Million |
|
Beijing Global Safety Technology Co Ltd
SHE:300523
|
$755.74 Million |
|
Paras Defence and Space Technologies Limited
NSE:PARAS
|
$755.26 Million |
|
Chengdu Xinzhu Road&Bridge Machinery Co Ltd
SHE:002480
|
$755.23 Million |
|
Viglacera Corp JSC
VN:VGC
|
$754.63 Million |
|
GurSel Turizm Tasimacilik Ve Servis Ticaret AS
IS:GRSEL
|
$754.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Syarikat Takaful Malaysia Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,679,021,000 to 1,917,326,000, a change of 238,305,000 (14.2%).
- Net income of 378,149,000 contributed positively to equity growth.
- Dividend payments of 117,223,000 reduced retained earnings.
- Other comprehensive income decreased equity by 26,813,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM378.15 Million | +19.72% |
| Dividends Paid | RM117.22 Million | -6.11% |
| Other Comprehensive Income | RM-26.81 Million | -1.4% |
| Other Changes | RM4.19 Million | +0.22% |
| Total Change | RM- | 14.19% |
Book Value vs Market Value Analysis
This analysis compares Syarikat Takaful Malaysia 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: 1.51x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.44x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | RM0.37 | RM3.45 | x |
| 2007-12-31 | RM0.39 | RM3.45 | x |
| 2008-12-31 | RM0.38 | RM3.45 | x |
| 2009-12-31 | RM0.43 | RM3.45 | x |
| 2011-12-31 | RM0.55 | RM3.45 | x |
| 2012-12-31 | RM0.61 | RM3.45 | x |
| 2013-12-31 | RM0.70 | RM3.45 | x |
| 2014-12-31 | RM0.71 | RM3.45 | x |
| 2015-12-31 | RM0.84 | RM3.45 | x |
| 2016-12-31 | RM0.89 | RM3.45 | x |
| 2017-12-31 | RM0.99 | RM3.45 | x |
| 2018-12-31 | RM1.19 | RM3.45 | x |
| 2019-12-31 | RM1.47 | RM3.45 | x |
| 2020-12-31 | RM1.81 | RM3.45 | x |
| 2021-12-31 | RM2.17 | RM3.45 | x |
| 2022-12-31 | RM2.37 | RM3.45 | x |
| 2023-12-31 | RM2.01 | RM3.45 | x |
| 2024-12-31 | RM2.29 | RM3.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Syarikat Takaful Malaysia 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): 19.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.54%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 8.71x
- Recent ROE (19.72%) is below the historical average (19.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 11.96% | 19.00% | 0.06x | 11.34x | RM5.46 Million |
| 2007 | 7.26% | 11.17% | 0.06x | 11.70x | RM-8.15 Million |
| 2008 | 9.76% | 12.40% | 0.06x | 13.30x | RM-731.50K |
| 2009 | 11.27% | 18.44% | 0.05x | 12.51x | RM4.44 Million |
| 2011 | 17.06% | 21.14% | 0.06x | 13.07x | RM31.78 Million |
| 2012 | 20.28% | 6.12% | 0.26x | 12.76x | RM51.32 Million |
| 2013 | 24.30% | 8.00% | 0.25x | 12.10x | RM81.79 Million |
| 2014 | 24.10% | 9.48% | 0.21x | 12.29x | RM82.22 Million |
| 2015 | 22.65% | 10.01% | 0.21x | 10.93x | RM87.11 Million |
| 2016 | 24.21% | 9.83% | 0.23x | 10.65x | RM103.47 Million |
| 2017 | 25.25% | 11.15% | 0.23x | 10.01x | RM124.83 Million |
| 2018 | 29.98% | 13.40% | 0.25x | 9.08x | RM196.56 Million |
| 2019 | 29.83% | 13.14% | 0.27x | 8.46x | RM242.54 Million |
| 2020 | 24.01% | 14.46% | 0.21x | 7.81x | RM211.48 Million |
| 2021 | 22.75% | 15.43% | 0.21x | 7.03x | RM230.56 Million |
| 2022 | 14.24% | 21.35% | 0.10x | 6.87x | RM84.27 Million |
| 2023 | 20.66% | 22.88% | 0.10x | 8.74x | RM179.01 Million |
| 2024 | 19.72% | 22.54% | 0.10x | 8.71x | RM186.42 Million |
Industry Comparison
This section compares Syarikat Takaful Malaysia Bhd's net assets metrics with peer companies in the Insurance - Specialty industry.
No peer company data available for comparison.
About Syarikat Takaful Malaysia Bhd
Syarikat Takaful Malaysia Keluarga Berhad manages family and general takaful businesses in Malaysia and Indonesia. The company offers personal protection plans, including personal and family which comprise Kaotim Legasi, Takaful myMabrur, Takaful Malaysia Budi, group credit family Takaful, Takaful myPA care, Takaful myFlexi PA, Takaful myTravel PA, Takaful myTravel Umrah, and Takaful myClick trav… Read more