WMG Holdings Bhd (6378) - Net Assets

Latest as of June 2026: RM198.44 Million MYR ≈ $49.82 Million USD

Based on the latest financial reports, WMG Holdings Bhd (6378) has net assets worth RM198.44 Million MYR (≈ $49.82 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 (RM360.95 Million ≈ $90.62 Million USD) and total liabilities (RM162.50 Million ≈ $40.80 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 WMG Holdings Bhd (6378) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM198.44 Million
% of Total Assets	54.98%
Annual Growth Rate	6.48%
5-Year Change	15.19%
10-Year Change	331.43%
Growth Volatility	118.7

WMG Holdings Bhd - Net Assets Trend (2013–2026)

This chart illustrates how WMG Holdings Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see WMG Holdings Bhd (6378) total market value.

Annual Net Assets for WMG Holdings Bhd (2013–2026)

The table below shows the annual net assets of WMG Holdings Bhd from 2013 to 2026. Also explore net asset momentum of WMG Holdings Bhd to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	RM199.03 Million ≈ $49.97 Million	+3.65%
2025-03-31	RM192.02 Million ≈ $48.21 Million	+14.62%
2024-03-31	RM167.52 Million ≈ $42.06 Million	-1.23%
2023-03-31	RM169.61 Million ≈ $42.58 Million	-1.84%
2022-03-31	RM172.79 Million ≈ $43.38 Million	-4.41%
2021-03-31	RM180.76 Million ≈ $45.38 Million	-2.13%
2020-03-31	RM184.70 Million ≈ $46.37 Million	-8.20%
2019-03-31	RM201.19 Million ≈ $50.51 Million	-18.83%
2018-03-31	RM247.88 Million ≈ $62.23 Million	+437.32%
2017-03-31	RM46.13 Million ≈ $11.58 Million	-26.03%
2016-03-31	RM62.37 Million ≈ $15.66 Million	-20.04%
2015-03-31	RM78.00 Million ≈ $19.58 Million	-15.22%
2014-03-31	RM92.00 Million ≈ $23.10 Million	+4.55%
2013-03-31	RM88.00 Million ≈ $22.09 Million	--

Equity Component Analysis

This analysis shows how different components contribute to WMG 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 2498580000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Other Components	RM271.82 Million	136.57%
Total Equity	RM199.03 Million	100.00%

WMG Holdings Bhd Competitors by Market Cap

The table below lists competitors of WMG Holdings Bhd ranked by their market capitalization.

Company	Market Cap
Seritage Growth Properties NYSE:SRG	$113.21 Million
Singha Estate Public Company Limited BK:S-R	$113.22 Million
Singha Estate Public Company Limited BK:S	$113.22 Million
Tiziana Life Sciences Ltd NASDAQ:TLSA	$113.26 Million
Harbin Bank Co. Ltd F:5H6	$113.12 Million
51Talk Online Education Group NYSE MKT:COE	$113.01 Million
MSM Malaysia Holdings Bhd KLSE:5202	$112.96 Million
TEN Holdings, Inc. Common Stock NASDAQ:XHLD	$112.95 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in WMG Holdings Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 192,023,320 to 199,025,000, a change of 7,001,680 (3.6%).
Net income of 7,002,000 contributed positively to equity growth.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	RM7.00 Million	+3.52%
Other Changes	RM-320.00	-0.0%
Total Change	RM-	3.65%

Book Value vs Market Value Analysis

This analysis compares WMG 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: 2.27x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 1.58x to 2.27x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-03-31	RM0.33	RM0.52	x
2018-03-31	RM0.58	RM0.52	x
2019-03-31	RM0.47	RM0.52	x
2020-03-31	RM0.43	RM0.52	x
2021-03-31	RM0.41	RM0.52	x
2022-03-31	RM0.39	RM0.52	x
2023-03-31	RM0.21	RM0.52	x
2024-03-31	RM0.38	RM0.52	x
2025-03-31	RM0.22	RM0.52	x
2026-03-31	RM0.23	RM0.52	x

Capital Efficiency Dashboard

This dashboard shows how efficiently WMG 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): 3.52%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.36%
• Asset Turnover: 0.21x
• Equity Multiplier: 1.83x
Recent ROE (3.52%) is above the historical average (-7.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	-25.95%	-48.25%	0.49x	1.09x	RM-22.42 Million
2017	-35.19%	-171.34%	0.20x	1.03x	RM-20.85 Million
2018	-8.76%	-103.45%	0.05x	1.64x	RM-46.50 Million
2019	-10.77%	-86.00%	0.07x	1.90x	RM-41.79 Million
2020	-8.92%	-28.87%	0.13x	2.37x	RM-34.94 Million
2021	-3.40%	-10.79%	0.12x	2.54x	RM-24.22 Million
2022	-4.61%	-13.01%	0.14x	2.59x	RM-25.25 Million
2023	-1.87%	-4.07%	0.18x	2.60x	RM-20.13 Million
2024	-1.25%	-1.70%	0.30x	2.46x	RM-18.84 Million
2025	12.76%	13.51%	0.48x	1.96x	RM5.30 Million
2026	3.52%	9.36%	0.21x	1.83x	RM-12.90 Million

Industry Comparison

This section compares WMG Holdings Bhd's net assets metrics with peer companies in the Building Materials industry.

Industry Context

Industry: Building Materials
Average net assets among peers: $708,635,155
Average return on equity (ROE) among peers: -2.65%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
WMG Holdings Bhd (6378)	RM198.44 Million	-25.95%	0.82x	$113.21 Million
SC Estate Builder Bhd (0109)	$34.22 Million	-11.65%	0.23x	$6.07 Million
PLYTEC Holding Berhad (0289)	$126.01 Million	5.13%	0.85x	$24.35 Million
Cahya Mata Sarawak Bhd (2852)	$2.53 Billion	6.67%	0.36x	$269.98 Million
Johan Holdings Bhd (3441)	$61.30 Million	-30.81%	14.86x	$7.33 Million
Lafarge Malayan Cement Bhd (3794)	$3.12 Billion	8.19%	0.28x	$1.91 Billion
Hume Industries Berhad (5000)	$24.00 Million	4.17%	0.58x	$494.54 Million
White Horse Bhd (5009)	$641.98 Million	-9.98%	0.47x	$27.91 Million
YB Ventures Bhd (5048)	$328.78 Million	-5.86%	0.13x	$4.40 Million
Complete Logistic Services Bhd (5136)	$150.99 Million	7.08%	0.28x	$594.31 Million
Dfcity Group Bhd (5165)	$59.32 Million	0.60%	0.44x	$10.20 Million

About WMG Holdings Bhd

KLSE:6378 Malaysia Building Materials

Market Cap

$113.21 Million

RM450.92 Million MYR

Market Cap Rank

#18805 Global

#303 in Malaysia

Share Price

RM0.52

Change (1 day)

+0.00%

52-Week Range

RM0.29 - RM0.55

All Time High

RM0.60