Bina Darulaman Bhd Net Assets
Bina Darulaman Bhd net assets. Based on the latest financial reports, Bina Darulaman Bhd (6173) has net assets worth RM471.19 Million MYR (≈ $118.30 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM756.42 Million ≈ $189.91 Million USD) and total liabilities (RM285.23 Million ≈ $71.61 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 6173 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM471.19 Million |
| % of Total Assets | 62.29% |
| Annual Growth Rate | 4.73% |
| 5-Year Change | -0.64% |
| 10-Year Change | -11.02% |
| Growth Volatility | 20.3 |
Net Assets of Bina Darulaman Bhd (2012–2025)
Net assets of Bina Darulaman Bhd from 2012 to 2025. This chart illustrates how Bina Darulaman Bhd's net assets have evolved over time, based on quarterly financial data. See Bina Darulaman Bhd net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Bina Darulaman Bhd (2012–2025)
The table below shows the annual net assets of Bina Darulaman Bhd from 2012 to 2025. For live market cap and overall valuation, see 6173 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM468.74 Million ≈ $117.68 Million |
-3.46% |
| 2024-12-31 | RM485.54 Million ≈ $121.90 Million |
-0.10% |
| 2023-12-31 | RM486.04 Million ≈ $122.03 Million |
+2.30% |
| 2022-12-31 | RM475.09 Million ≈ $119.28 Million |
+0.70% |
| 2021-12-31 | RM471.77 Million ≈ $118.45 Million |
+0.66% |
| 2020-12-31 | RM468.66 Million ≈ $117.67 Million |
+1.14% |
| 2019-12-31 | RM463.37 Million ≈ $116.34 Million |
+1.03% |
| 2018-12-31 | RM458.66 Million ≈ $115.15 Million |
-8.43% |
| 2017-12-31 | RM500.87 Million ≈ $125.75 Million |
-4.92% |
| 2016-12-31 | RM526.78 Million ≈ $132.26 Million |
+2.69% |
| 2015-12-31 | RM513.00 Million ≈ $128.80 Million |
+75.09% |
| 2014-12-31 | RM293.00 Million ≈ $73.56 Million |
+7.33% |
| 2013-12-31 | RM273.00 Million ≈ $68.54 Million |
+6.23% |
| 2012-12-31 | RM257.00 Million ≈ $64.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bina Darulaman 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 38.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Bina Darulaman Bhd Net Assets Breakdown (December 2025)
Bina Darulaman Bhd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM138.03 Million | 29.43% |
| Other Components | RM331.02 Million | 70.57% |
| Total Equity | RM469.05 Million | 100.00% |
Bina Darulaman Bhd Competitors by Market Cap
The table below lists competitors of Bina Darulaman Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INNO-GENE SA ZY -10
F:WQ3
|
$14.88 Million |
|
Hunesion Co.Ltd
KQ:290270
|
$14.88 Million |
|
Orbital Corporation Ltd
AU:OEC
|
$14.89 Million |
|
CAS Corporation
KQ:016920
|
$14.89 Million |
|
Image Resources NL
AU:IMA
|
$14.87 Million |
|
Legacy Minerals Holdings Ltd
AU:LGM
|
$14.87 Million |
|
Pluri Inc.
NASDAQ:PLUR
|
$14.87 Million |
|
Australian Agricultural Projects Ltd
AU:AAP
|
$14.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bina Darulaman Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 485,850,000 to 469,049,000, a change of -16,801,000 (-3.5%).
- Net loss of 16,801,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-16.80 Million | -3.58% |
| Total Change | RM- | -3.46% |
Book Value vs Market Value Analysis
This analysis compares Bina Darulaman 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: 0.13x
- 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 | RM1.73 | RM0.20 | x |
| 2017-12-31 | RM1.65 | RM0.20 | x |
| 2018-12-31 | RM1.51 | RM0.20 | x |
| 2019-12-31 | RM1.52 | RM0.20 | x |
| 2020-12-31 | RM1.54 | RM0.20 | x |
| 2021-12-31 | RM1.55 | RM0.20 | x |
| 2022-12-31 | RM1.56 | RM0.20 | x |
| 2023-12-31 | RM1.60 | RM0.20 | x |
| 2024-12-31 | RM1.60 | RM0.20 | x |
| 2025-12-31 | RM1.54 | RM0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bina Darulaman 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): -3.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.08%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.71x
- Recent ROE (-3.58%) is below the historical average (-0.12%), 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 | 6.48% | 9.58% | 0.33x | 2.06x | RM-18.52 Million |
| 2017 | -2.44% | -4.86% | 0.32x | 1.58x | RM-62.33 Million |
| 2018 | -9.20% | -20.75% | 0.27x | 1.62x | RM-88.07 Million |
| 2019 | 1.02% | 1.90% | 0.33x | 1.61x | RM-41.63 Million |
| 2020 | 1.13% | 2.41% | 0.30x | 1.57x | RM-41.57 Million |
| 2021 | 1.14% | 2.59% | 0.29x | 1.52x | RM-41.79 Million |
| 2022 | 1.18% | 2.42% | 0.32x | 1.51x | RM-41.91 Million |
| 2023 | 2.60% | 4.04% | 0.39x | 1.64x | RM-35.98 Million |
| 2024 | 0.52% | 0.86% | 0.36x | 1.67x | RM-46.04 Million |
| 2025 | -3.58% | -5.08% | 0.41x | 1.71x | RM-63.71 Million |
Industry Comparison
This section compares Bina Darulaman Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $131,887,344
- Average return on equity (ROE) among peers: 3.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bina Darulaman Bhd (6173) | RM471.19 Million | 6.48% | 0.61x | $14.88 Million |
| Southern Score Builders Berhad (0045) | $-6.44 Million | 0.00% | 0.00x | $353.75 Million |
| Ecobuilt Holdings Bhd (0059) | $123.81 Million | 5.35% | 0.72x | $3.70 Million |
| Mega Sun City Holdings Bhd (0081) | $67.25 Million | -4.77% | 0.01x | $3.72 Million |
| Waja Konsortium Bhd (0102) | $40.12 Million | -0.57% | 1.17x | $12.60 Million |
| Kelington Group Bhd (0151) | $338.39 Million | 30.77% | 2.17x | $1.66 Billion |
| Widad Group Bhd (0162) | $180.69 Million | 2.22% | 1.27x | $7.84 Million |
| Pasukhas Group Bhd (0177) | $153.30 Million | -14.88% | 0.31x | $3.59 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $62.55 Million |
| Cabnet Holdings Bhd (0191) | $47.04 Million | 10.04% | 0.23x | $9.87 Million |
| Inta Bina Group Bhd (0192) | $146.80 Million | 8.03% | 1.63x | $58.65 Million |
About Bina Darulaman Bhd
Bina Darulaman Berhad, an investment holding company, engages in the oil palm plantation, property development, and management service businesses in Malaysia. It operates through Property Development; Engineering, Construction and Quarry; Leisure; and Sustainability segments. The Property Development segment is involved in the development of residential and commercial properties. The Engineering,… Read more