Malton Bhd (6181) - Net Assets
Based on the latest financial reports, Malton Bhd (6181) has net assets worth RM984.92 Million MYR (≈ $247.28 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 (RM2.03 Billion ≈ $508.69 Million USD) and total liabilities (RM1.04 Billion ≈ $261.40 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 6181 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM984.92 Million |
| % of Total Assets | 48.61% |
| Annual Growth Rate | 4.0% |
| 5-Year Change | 5.33% |
| 10-Year Change | 32.27% |
| Growth Volatility | 5.74 |
Malton Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Malton Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Malton Bhd (6181) market capitalisation.
Annual Net Assets for Malton Bhd (2012–2025)
The table below shows the annual net assets of Malton Bhd from 2012 to 2025. Also explore 6181 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM976.79 Million ≈ $245.24 Million |
+2.81% |
| 2024-06-30 | RM950.06 Million ≈ $238.53 Million |
+3.24% |
| 2023-06-30 | RM920.27 Million ≈ $231.05 Million |
-8.30% |
| 2022-06-30 | RM1.00 Billion ≈ $251.96 Million |
+8.22% |
| 2021-06-30 | RM927.32 Million ≈ $232.82 Million |
+0.28% |
| 2020-06-30 | RM924.70 Million ≈ $232.16 Million |
+1.11% |
| 2019-06-30 | RM914.54 Million ≈ $229.61 Million |
+0.68% |
| 2018-06-30 | RM908.32 Million ≈ $228.05 Million |
+4.39% |
| 2017-06-30 | RM870.14 Million ≈ $218.46 Million |
+17.83% |
| 2016-06-30 | RM738.50 Million ≈ $185.41 Million |
+3.29% |
| 2015-06-30 | RM715.00 Million ≈ $179.51 Million |
+8.50% |
| 2014-06-30 | RM659.00 Million ≈ $165.45 Million |
+7.50% |
| 2013-06-30 | RM613.00 Million ≈ $153.90 Million |
+4.43% |
| 2012-06-30 | RM587.00 Million ≈ $147.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Malton 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 51.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM431.36 Million | 44.16% |
| Common Stock | RM545.42 Million | 55.84% |
| Total Equity | RM976.79 Million | 100.00% |
Malton Bhd Competitors by Market Cap
The table below lists competitors of Malton Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mishorim Real Estate Investments
TA:MSHR
|
$33.13 Million |
|
SBF AG
F:CY1K
|
$33.14 Million |
|
Paru Co. Ltd
KQ:043200
|
$33.14 Million |
|
Subur Tiasa Holdings Bhd
KLSE:6904
|
$33.15 Million |
|
Guyoung Technology Co. Ltd
KQ:053270
|
$33.12 Million |
|
ROCA INDUSTRY HOLDINGROCK1 S.A.
RO:ROC1
|
$33.12 Million |
|
Killi Resources Ltd
AU:KLI
|
$33.11 Million |
|
Bantas Bandirma Ambalaj Sanayi ve Ticaret AS
IS:BNTAS
|
$33.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Malton Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 950,060,000 to 976,786,000, a change of 26,726,000 (2.8%).
- Net income of 9,854,000 contributed positively to equity growth.
- New share issuances of 16,872,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM9.85 Million | +1.01% |
| Share Issuances | RM16.87 Million | +1.73% |
| Total Change | RM- | 2.81% |
Book Value vs Market Value Analysis
This analysis compares Malton 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: 0.14x
- 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 |
|---|---|---|---|
| 2016-06-30 | RM1.65 | RM0.23 | x |
| 2017-06-30 | RM1.65 | RM0.23 | x |
| 2018-06-30 | RM1.72 | RM0.23 | x |
| 2019-06-30 | RM1.73 | RM0.23 | x |
| 2020-06-30 | RM1.75 | RM0.23 | x |
| 2021-06-30 | RM1.76 | RM0.23 | x |
| 2022-06-30 | RM1.90 | RM0.23 | x |
| 2023-06-30 | RM1.74 | RM0.23 | x |
| 2024-06-30 | RM1.80 | RM0.23 | x |
| 2025-06-30 | RM1.70 | RM0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Malton 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): 1.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.82%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.19x
- Recent ROE (1.01%) is below the historical average (2.38%), 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 | 4.93% | 5.76% | 0.30x | 2.85x | RM-37.42 Million |
| 2017 | 7.27% | 7.62% | 0.32x | 2.98x | RM-23.73 Million |
| 2018 | 4.00% | 4.52% | 0.31x | 2.90x | RM-54.52 Million |
| 2019 | 2.70% | 2.48% | 0.33x | 3.31x | RM-66.80 Million |
| 2020 | 1.96% | 1.00% | 0.76x | 2.57x | RM-74.38 Million |
| 2021 | 0.28% | 0.26% | 0.38x | 2.85x | RM-90.11 Million |
| 2022 | 7.60% | 11.81% | 0.25x | 2.55x | RM-24.12 Million |
| 2023 | -9.05% | -10.01% | 0.32x | 2.79x | RM-175.31 Million |
| 2024 | 3.14% | 4.35% | 0.30x | 2.39x | RM-65.22 Million |
| 2025 | 1.01% | 1.82% | 0.25x | 2.19x | RM-87.82 Million |
Industry Comparison
This section compares Malton 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: $573,686,717
- Average return on equity (ROE) among peers: 6.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Malton Bhd (6181) | RM984.92 Million | 4.93% | 1.06x | $33.13 Million |
| Vinvest Capital Holdings Bhd (0069) | $452.10 Million | 0.97% | 0.16x | $3.65 Million |
| Gagasan Nadi Cergas Berhad (0206) | $378.75 Million | 8.60% | 1.40x | $58.61 Million |
| Vestland Berhad (0273) | $71.56 Million | 35.09% | 2.17x | $218.12 Million |
| Global Oriental Bhd (1147) | $258.93 Million | 0.64% | 1.99x | $10.27 Million |
| Pan Malaysia Holdings Bhd (1287) | $29.94 Million | -0.21% | 0.72x | $294.43 Million |
| GuocoLand (Malaysia) Bhd (1503) | $892.00 Million | 4.71% | 1.18x | $3.35 Million |
| Symphony Life Bhd (1538) | $609.57 Million | 5.22% | 0.96x | $29.75 Million |
| Iskandar Waterfront City Bhd (1589) | $770.75 Million | -1.19% | 1.36x | $49.72 Million |
| Paramount Corporation Bhd (1724) | $1.63 Billion | 5.83% | 0.83x | $157.92 Million |
| Selangor Dredging Bhd (2224) | $644.00 Million | 7.45% | 1.01x | $51.89 Million |
About Malton Bhd
Malton Berhad, an investment holding company, engages in the investment, development, construction, and sale of properties in Malaysia. The company operates through Property Development, Construction Contracts, Property Trading, and Others segments. Its property developments include luxury homes, integrated developments, offices, and commercial properties in the areas of Greater Klang valley and … Read more