Khee San Bhd
Khee San Berhad, an investment holding company, manufactures and distributes candy, confectionery, and wafer products in Malaysia, Europe, Africa, Oceania, and rest of Asia. It operates through Investment Holding, and Manufacture and Trading segments. The company offers chewy, deposited, and hard candies; chewing and bubble gums; and tablets. It sells its products under the Fruitplus, Mintplus, C… Read more
Khee San Bhd (6203) - Net Assets
Latest net assets as of September 2025: RM-73.46 Million MYR
Based on the latest financial reports, Khee San Bhd (6203) has net assets worth RM-73.46 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM77.11 Million) and total liabilities (RM150.57 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM-73.46 Million |
| % of Total Assets | -95.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -148.3% |
| Growth Volatility | 39.85 |
Khee San Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Khee San Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Khee San Bhd (2012–2025)
The table below shows the annual net assets of Khee San Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM-73.97 Million | +3.46% |
| 2024-06-30 | RM-76.63 Million | +1.01% |
| 2023-06-30 | RM-77.41 Million | +2.18% |
| 2022-06-30 | RM-79.14 Million | -16.71% |
| 2021-06-30 | RM-67.81 Million | -522.95% |
| 2020-06-30 | RM-10.88 Million | -108.31% |
| 2019-06-30 | RM130.91 Million | -19.56% |
| 2018-06-30 | RM162.74 Million | +1.86% |
| 2017-06-30 | RM159.76 Million | +4.30% |
| 2016-06-30 | RM153.17 Million | +11.56% |
| 2015-06-30 | RM137.30 Million | +24.82% |
| 2014-06-30 | RM110.00 Million | +14.58% |
| 2013-06-30 | RM96.00 Million | +9.09% |
| 2012-06-30 | RM88.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Khee San 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 994.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM112.19 Million | % |
| Total Equity | RM-73.97 Million | 100.00% |
Khee San Bhd Competitors by Market Cap
The table below lists competitors of Khee San Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Golden Lake Exploration Inc
OTCQB:GOLXF
|
$2.38 Million |
|
Park & Bellheimer AG
F:PKB
|
$2.38 Million |
|
Menteng Heritage Realty Tbk PT
JK:HRME
|
$2.38 Million |
|
AIR PROD.&CHEMICALS
MU:AP3
|
$2.38 Million |
|
Majuperak Holdings Bhd
KLSE:8141
|
$2.38 Million |
|
Canlan Ice Sports Corp
PINK:CNLFF
|
$2.38 Million |
|
Bounty Oil & Gas NL
PINK:BYOGF
|
$2.38 Million |
|
Mekong Fisheries JSC
VN:AAM
|
$2.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Khee San Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -76,629,110 to -73,974,640, a change of 2,654,470.
- Net income of 1,783,050 contributed positively to equity growth.
- Other factors increased equity by 871,420.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.78 Million | +2.41% |
| Other Changes | RM871.42K | +1.18% |
| Total Change | RM- | % |
Book Value vs Market Value Analysis
This analysis compares Khee San 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-06-30 | RM1.54 | RM0.13 | x |
| 2016-06-30 | RM1.53 | RM0.13 | x |
| 2017-06-30 | RM1.54 | RM0.13 | x |
| 2018-06-30 | RM1.56 | RM0.13 | x |
| 2019-06-30 | RM1.26 | RM0.13 | x |
| 2020-06-30 | RM-0.10 | RM0.13 | x |
| 2021-06-30 | RM-0.59 | RM0.13 | x |
| 2022-06-30 | RM-0.58 | RM0.13 | x |
| 2023-06-30 | RM-0.56 | RM0.13 | x |
| 2024-06-30 | RM-0.38 | RM0.13 | x |
| 2025-06-30 | RM-0.36 | RM0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Khee San 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.11%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (1.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 2.96% | 2.85% | 0.59x | 1.75x | RM-9.66 Million |
| 2016 | 3.21% | 3.13% | 0.61x | 1.67x | RM-10.41 Million |
| 2017 | 2.27% | 2.54% | 0.58x | 1.55x | RM-12.35 Million |
| 2018 | 2.47% | 2.88% | 0.56x | 1.54x | RM-12.25 Million |
| 2019 | 4.82% | 2.44% | 0.80x | 2.46x | RM-6.78 Million |
| 2020 | 0.00% | -231.13% | 0.48x | 0.00x | RM-151.71 Million |
| 2021 | 0.00% | -97.94% | 0.79x | 0.00x | RM-51.55 Million |
| 2022 | 0.00% | -41.68% | 0.47x | 0.00x | RM-5.82 Million |
| 2023 | 0.00% | 3.10% | 0.79x | 0.00x | RM9.47 Million |
| 2024 | 0.00% | 1.50% | 0.73x | 0.00x | RM8.45 Million |
| 2025 | 0.00% | 3.11% | 0.76x | 0.00x | RM9.18 Million |
Industry Comparison
This section compares Khee San Bhd's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $481,714,212
- Average return on equity (ROE) among peers: 16.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Khee San Bhd (6203) | RM-73.46 Million | 2.96% | N/A | $2.38 Million |
| Pan Malaysia Corporation Bhd (4081) | $315.00 Million | 2.54% | 0.08x | $2.32 Million |
| Guan Chong Bhd (5102) | $187.14 Million | 54.05% | 1.59x | $127.50 Million |
| MSM Malaysia Holdings Bhd (5202) | $1.50 Billion | 2.09% | 1.13x | $37.72 Million |
| Apollo Food Holdings Bhd (6432) | $236.63 Million | 7.33% | 0.10x | $17.67 Million |
| Oriental Food Industries Hold (7107) | $173.44 Million | 14.68% | 0.30x | $16.97 Million |