Amway (Malaysia) Holdings Bhd
Amway (Malaysia) Holdings Berhad, an investment holding company, distributes consumer products in Malaysia. The company offers health, beauty, personal care, energy, children, personal shoppers, home living, and home care products under the NUTRILITE, body key, XS, ARTISTRY, G&H, GLISTER, SANITIQUE, e-spring, ATMOSPHERE, and Amway home brands through the brick-and-mortar and online stores. Amway … Read more
Amway (Malaysia) Holdings Bhd (6351) - Net Assets
Latest net assets as of September 2025: RM248.67 Million MYR
Based on the latest financial reports, Amway (Malaysia) Holdings Bhd (6351) has net assets worth RM248.67 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 (RM540.28 Million) and total liabilities (RM291.61 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 | RM248.67 Million |
| % of Total Assets | 46.03% |
| Annual Growth Rate | 2.45% |
| 5-Year Change | 35.93% |
| 10-Year Change | 47.98% |
| Growth Volatility | 8.33 |
Amway (Malaysia) Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Amway (Malaysia) Holdings 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 Amway (Malaysia) Holdings Bhd (2012–2024)
The table below shows the annual net assets of Amway (Malaysia) Holdings Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM304.83 Million | -0.93% |
| 2023-12-31 | RM307.68 Million | +21.29% |
| 2022-12-31 | RM253.68 Million | +17.48% |
| 2021-12-31 | RM215.93 Million | -3.71% |
| 2020-12-31 | RM224.26 Million | +0.75% |
| 2019-12-31 | RM222.58 Million | +2.76% |
| 2018-12-31 | RM216.60 Million | +1.18% |
| 2017-12-31 | RM214.07 Million | +1.57% |
| 2016-12-31 | RM210.76 Million | +2.31% |
| 2015-12-31 | RM206.00 Million | -11.21% |
| 2014-12-31 | RM232.00 Million | -0.85% |
| 2013-12-31 | RM234.00 Million | +2.63% |
| 2012-12-31 | RM228.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Amway (Malaysia) 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 261.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM137.32 Million | 45.05% |
| Common Stock | RM166.44 Million | 54.60% |
| Other Components | RM1.07 Million | 0.35% |
| Total Equity | RM304.83 Million | 100.00% |
Amway (Malaysia) Holdings Bhd Competitors by Market Cap
The table below lists competitors of Amway (Malaysia) Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Affinity Bancshares Inc
NASDAQ:AFBI
|
$79.98 Million |
|
Selan Exploration Technology Limited
NSE:SELAN
|
$79.99 Million |
|
MPS Limited
NSE:MPSLTD
|
$80.03 Million |
|
Nobia AB (publ)
F:NI8
|
$80.05 Million |
|
Yoma Strategic Holdings Ltd
PINK:YMAIF
|
$79.95 Million |
|
DASAN Networks Inc
KQ:039560
|
$79.94 Million |
|
AMREP Corporation
NYSE:AXR
|
$79.94 Million |
|
Dusit Thani Public Company Limited
BK:DUSIT
|
$79.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Amway (Malaysia) Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 307,683,000 to 304,830,000, a change of -2,853,000 (-0.9%).
- Net income of 100,319,000 contributed positively to equity growth.
- Dividend payments of 98,630,000 reduced retained earnings.
- Other factors decreased equity by 4,542,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM100.32 Million | +32.91% |
| Dividends Paid | RM98.63 Million | -32.36% |
| Other Changes | RM-4.54 Million | -1.49% |
| Total Change | RM- | -0.93% |
Book Value vs Market Value Analysis
This analysis compares Amway (Malaysia) 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: 2.60x
- 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 3.77x to 2.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.28 | RM4.83 | x |
| 2017-12-31 | RM1.30 | RM4.83 | x |
| 2018-12-31 | RM1.32 | RM4.83 | x |
| 2019-12-31 | RM1.35 | RM4.83 | x |
| 2020-12-31 | RM1.36 | RM4.83 | x |
| 2021-12-31 | RM1.31 | RM4.83 | x |
| 2022-12-31 | RM1.54 | RM4.83 | x |
| 2023-12-31 | RM1.87 | RM4.83 | x |
| 2024-12-31 | RM1.85 | RM4.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Amway (Malaysia) 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): 32.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.24%
- • Asset Turnover: 2.29x
- • Equity Multiplier: 1.74x
- Recent ROE (32.91%) is above the historical average (26.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 31.16% | 6.27% | 2.58x | 1.92x | RM43.46 Million |
| 2016 | 25.93% | 5.03% | 2.57x | 2.01x | RM33.57 Million |
| 2017 | 24.59% | 5.35% | 2.37x | 1.94x | RM31.24 Million |
| 2018 | 25.17% | 5.61% | 2.41x | 1.86x | RM32.85 Million |
| 2019 | 22.98% | 5.29% | 2.18x | 1.99x | RM28.90 Million |
| 2020 | 20.91% | 4.07% | 2.38x | 2.16x | RM24.47 Million |
| 2021 | 17.03% | 2.48% | 2.77x | 2.48x | RM15.19 Million |
| 2022 | 30.31% | 5.08% | 2.73x | 2.19x | RM51.51 Million |
| 2023 | 37.68% | 8.23% | 2.30x | 1.99x | RM85.16 Million |
| 2024 | 32.91% | 8.24% | 2.29x | 1.74x | RM69.84 Million |
Industry Comparison
This section compares Amway (Malaysia) Holdings Bhd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $206,555,316
- Average return on equity (ROE) among peers: 12.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Amway (Malaysia) Holdings Bhd (6351) | RM248.67 Million | 31.16% | 1.17x | $79.95 Million |
| Kim Hin Joo (0210) | $72.84 Million | -4.19% | 0.21x | $1.47 Million |
| SSF Home Group Berhad (0287) | $166.09 Million | 3.55% | 0.60x | $11.92 Million |
| myNEWS Holdings Bhd (5275) | $241.63 Million | 9.94% | 0.20x | $20.44 Million |
| Innature Bhd (5295) | $184.57 Million | 14.53% | 0.37x | $6.80 Million |
| Senheng New Retail Bhd (5305) | $529.12 Million | 11.44% | 0.61x | $13.65 Million |
| MST GOLF GROUP BERHAD (5316) | $45.08 Million | 39.96% | 2.94x | $6.26 Million |