Metrod Holdings Bhd (6149) - Net Assets
Based on the latest financial reports, Metrod Holdings Bhd (6149) has net assets worth RM666.46 Million MYR (≈ $167.33 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.24 Billion ≈ $562.74 Million USD) and total liabilities (RM1.57 Billion ≈ $395.42 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. Also explore Metrod Holdings Bhd assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM666.46 Million |
| % of Total Assets | 29.73% |
| Annual Growth Rate | 2.98% |
| 5-Year Change | 35.01% |
| 10-Year Change | 32.9% |
| Growth Volatility | 12.74 |
Metrod Holdings Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Metrod Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Metrod Holdings Bhd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Metrod Holdings Bhd (2012–2025)
The table below shows the annual net assets of Metrod Holdings Bhd from 2012 to 2025. For live valuation and market cap data, see Metrod Holdings Bhd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM549.58 Million ≈ $137.98 Million |
-5.49% |
| 2024-12-31 | RM581.52 Million ≈ $146.00 Million |
+6.44% |
| 2023-12-31 | RM546.34 Million ≈ $137.17 Million |
+32.51% |
| 2022-12-31 | RM412.29 Million ≈ $103.51 Million |
+1.28% |
| 2021-12-31 | RM407.08 Million ≈ $102.21 Million |
+0.72% |
| 2020-12-31 | RM404.16 Million ≈ $101.47 Million |
-2.93% |
| 2019-12-31 | RM416.34 Million ≈ $104.53 Million |
-1.42% |
| 2018-12-31 | RM422.36 Million ≈ $106.04 Million |
-0.87% |
| 2017-12-31 | RM426.06 Million ≈ $106.97 Million |
+3.03% |
| 2016-12-31 | RM413.52 Million ≈ $103.82 Million |
-16.63% |
| 2015-12-31 | RM496.00 Million ≈ $124.53 Million |
+29.17% |
| 2014-12-31 | RM384.00 Million ≈ $96.41 Million |
-0.52% |
| 2013-12-31 | RM386.00 Million ≈ $96.91 Million |
+2.93% |
| 2012-12-31 | RM375.00 Million ≈ $94.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Metrod Holdings 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 16.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM298.34 Million | 54.28% |
| Common Stock | RM156.56 Million | 28.49% |
| Other Components | RM94.68 Million | 17.23% |
| Total Equity | RM549.58 Million | 100.00% |
Metrod Holdings Bhd Competitors by Market Cap
The table below lists competitors of Metrod Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Highlight Communications AG
XETRA:HLG
|
$36.49 Million |
|
Logistea A
ST:LOGI-A
|
$36.51 Million |
|
Lider Faktoring AS
IS:LIDFA
|
$36.52 Million |
|
BioSmart Co.Ltd
KQ:038460
|
$36.55 Million |
|
Malayan United Industries Bhd
KLSE:3891
|
$36.45 Million |
|
360 Capital Mortgage REIT
AU:TCF
|
$36.42 Million |
|
Integrated Research Ltd
AU:IRI
|
$36.42 Million |
|
WESTBRIDGE RE. EN. CORP.
F:PUQ
|
$36.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metrod Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 581,524,210 to 549,583,000, a change of -31,941,210 (-5.5%).
- Net income of 6,681,000 contributed positively to equity growth.
- Dividend payments of 7,200,000 reduced retained earnings.
- Other factors decreased equity by 31,422,210.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM6.68 Million | +1.22% |
| Dividends Paid | RM7.20 Million | -1.31% |
| Other Changes | RM-31.42 Million | -5.72% |
| Total Change | RM- | -5.49% |
Book Value vs Market Value Analysis
This analysis compares Metrod Holdings 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: 0.26x
- 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 | RM3.45 | RM1.21 | x |
| 2017-12-31 | RM3.55 | RM1.21 | x |
| 2018-12-31 | RM3.52 | RM1.21 | x |
| 2019-12-31 | RM3.47 | RM1.21 | x |
| 2020-12-31 | RM3.37 | RM1.21 | x |
| 2021-12-31 | RM3.39 | RM1.21 | x |
| 2022-12-31 | RM3.44 | RM1.21 | x |
| 2023-12-31 | RM4.55 | RM1.21 | x |
| 2024-12-31 | RM4.85 | RM1.21 | x |
| 2025-12-31 | RM4.58 | RM1.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metrod Holdings 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): 1.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.11%
- • Asset Turnover: 2.36x
- • Equity Multiplier: 4.51x
- Recent ROE (1.22%) is below the historical average (2.46%), 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 | 3.08% | 0.72% | 1.29x | 3.35x | RM-28.60 Million |
| 2017 | 5.41% | 0.89% | 1.90x | 3.18x | RM-19.54 Million |
| 2018 | 2.15% | 0.32% | 1.98x | 3.42x | RM-33.14 Million |
| 2019 | 1.33% | 0.19% | 1.70x | 4.11x | RM-36.12 Million |
| 2020 | -0.79% | -0.17% | 1.22x | 3.86x | RM-43.62 Million |
| 2021 | 2.12% | 0.25% | 2.07x | 4.17x | RM-32.07 Million |
| 2022 | 4.13% | 0.41% | 2.71x | 3.71x | RM-24.19 Million |
| 2023 | 2.16% | 0.27% | 2.37x | 3.36x | RM-42.81 Million |
| 2024 | 3.81% | 0.44% | 2.38x | 3.67x | RM-36.01 Million |
| 2025 | 1.22% | 0.11% | 2.36x | 4.51x | RM-48.28 Million |
Industry Comparison
This section compares Metrod Holdings Bhd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $95,590,282
- Average return on equity (ROE) among peers: 9.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metrod Holdings Bhd (6149) | RM666.46 Million | 3.08% | 2.36x | $36.45 Million |
| Supercomnet Technologies Bhd (0001) | $241.75 Million | 9.72% | 0.10x | $95.76 Million |
| Mikro MSC Bhd (0112) | $106.50 Million | 4.79% | 0.18x | $157.75 Million |
| Fibon Bhd (0149) | $50.18 Million | 4.28% | 0.05x | $9.32 Million |
| Powerwell Holdings Bhd (0217) | $45.43 Million | 30.53% | 0.76x | $116.61 Million |
| Southern Cable Group Bhd (0225) | $176.01 Million | 16.22% | 1.11x | $632.91 Million |
| Cnergenz Bhd (0246) | $71.11 Million | 18.36% | 0.81x | $71.27 Million |
| Master Tec Group Berhad (0295) | $76.45 Million | 7.24% | 1.72x | $256.09 Million |
| South Malaysia Industries Bhd (4375) | $151.31 Million | -2.55% | 0.26x | $10.54 Million |
| Sarawak Cable Bhd (5170) | $-58.43 Million | 0.00% | 0.00x | $1.00 Million |
About Metrod Holdings Bhd
Metrod Holdings Berhad, an investment holding company, manufactures and markets electrical conductivity grade copper wires, rods, and strips in Malaysia, the Asia Pacific and Australasia, India, Europe, the Middle East, Africa, and internationally. It operates through Copper Business and Hospitality Business segments. The company offers copper rods, such as electrolytic tough pitch, DIP form, and… Read more