MNRB Holdings Bhd (6459) - Net Assets
Based on the latest financial reports, MNRB Holdings Bhd (6459) has net assets worth RM3.78 Billion MYR (≈ $948.88 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM14.14 Billion ≈ $3.55 Billion USD) and total liabilities (RM10.37 Billion ≈ $2.60 Billion 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 MNRB Holdings Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM3.78 Billion |
| % of Total Assets | 26.72% |
| Annual Growth Rate | 9.71% |
| 5-Year Change | 42.28% |
| 10-Year Change | 158.68% |
| Growth Volatility | 9.75 |
MNRB Holdings Bhd - Net Assets Trend (2013–2025)
This chart illustrates how MNRB Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of MNRB Holdings Bhd for the complete picture of this company's asset base.
Annual Net Assets for MNRB Holdings Bhd (2013–2025)
The table below shows the annual net assets of MNRB Holdings Bhd from 2013 to 2025. For live valuation and market cap data, see market cap of MNRB Holdings Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM3.44 Billion ≈ $863.89 Million |
+10.16% |
| 2024-03-31 | RM3.12 Billion ≈ $784.24 Million |
+20.52% |
| 2023-03-31 | RM2.59 Billion ≈ $650.70 Million |
+4.86% |
| 2022-03-31 | RM2.47 Billion ≈ $620.56 Million |
+2.21% |
| 2021-03-31 | RM2.42 Billion ≈ $607.16 Million |
+6.45% |
| 2020-03-31 | RM2.27 Billion ≈ $570.37 Million |
+7.18% |
| 2019-03-31 | RM2.12 Billion ≈ $532.17 Million |
+37.82% |
| 2018-03-31 | RM1.54 Billion ≈ $386.14 Million |
+8.35% |
| 2017-03-31 | RM1.42 Billion ≈ $356.38 Million |
+6.71% |
| 2016-03-31 | RM1.33 Billion ≈ $333.96 Million |
-1.47% |
| 2015-03-31 | RM1.35 Billion ≈ $338.94 Million |
+10.38% |
| 2014-03-31 | RM1.22 Billion ≈ $307.05 Million |
+8.04% |
| 2013-03-31 | RM1.13 Billion ≈ $284.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MNRB 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 179.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM2.59 Billion | 75.36% |
| Common Stock | RM738.50 Million | 21.46% |
| Other Components | RM109.31 Million | 3.18% |
| Total Equity | RM3.44 Billion | 100.00% |
MNRB Holdings Bhd Competitors by Market Cap
The table below lists competitors of MNRB Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marcopolo S.A
SA:POMO3
|
$530.90 Million |
|
Personalis Inc
NASDAQ:PSNL
|
$531.05 Million |
|
Zhanjiang Guolian Aquatic Products
SHE:300094
|
$531.58 Million |
|
Vinci Partners Investments Ltd
NASDAQ:VINP
|
$531.68 Million |
|
Betterware de México, S.A.P.I. de C.V.
NASDAQ:BWMX
|
$530.64 Million |
|
Nanjing Zhongbei Group Co Ltd
SHE:000421
|
$530.39 Million |
|
Earth-Panda Advanced Magnetic Material Co Ltd
SHG:688077
|
$530.36 Million |
|
SandRidge Energy Inc
NYSE:SD
|
$530.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MNRB Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,123,632,000 to 3,440,866,000, a change of 317,234,000 (10.2%).
- Net income of 396,084,000 contributed positively to equity growth.
- Dividend payments of 78,310,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM396.08 Million | +11.51% |
| Dividends Paid | RM78.31 Million | -2.28% |
| Other Changes | RM-540.00K | -0.02% |
| Total Change | RM- | 10.16% |
Book Value vs Market Value Analysis
This analysis compares MNRB 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: 0.61x
- 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.
- The price-to-book ratio has decreased from 0.81x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM3.35 | RM2.70 | x |
| 2018-03-31 | RM3.62 | RM2.70 | x |
| 2019-03-31 | RM2.76 | RM2.70 | x |
| 2020-03-31 | RM2.90 | RM2.70 | x |
| 2021-03-31 | RM3.09 | RM2.70 | x |
| 2022-03-31 | RM3.16 | RM2.70 | x |
| 2023-03-31 | RM3.31 | RM2.70 | x |
| 2024-03-31 | RM3.99 | RM2.70 | x |
| 2025-03-31 | RM4.39 | RM2.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MNRB 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): 11.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.58%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 3.91x
- Recent ROE (11.51%) is above the historical average (6.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -2.92% | -1.77% | 0.31x | 5.34x | RM-171.85 Million |
| 2017 | 5.01% | 3.49% | 0.27x | 5.32x | RM-70.78 Million |
| 2018 | 9.16% | 7.09% | 0.25x | 5.16x | RM-12.94 Million |
| 2019 | 4.93% | 5.86% | 0.20x | 4.11x | RM-107.56 Million |
| 2020 | 5.85% | 6.74% | 0.21x | 4.06x | RM-94.27 Million |
| 2021 | 7.84% | 8.57% | 0.22x | 4.10x | RM-52.34 Million |
| 2022 | 4.63% | 4.78% | 0.21x | 4.56x | RM-132.75 Million |
| 2023 | 4.61% | 4.08% | 0.25x | 4.51x | RM-139.70 Million |
| 2024 | 13.88% | 16.37% | 0.21x | 4.03x | RM121.18 Million |
| 2025 | 11.51% | 14.58% | 0.20x | 3.91x | RM52.00 Million |
Industry Comparison
This section compares MNRB Holdings Bhd's net assets metrics with peer companies in the Insurance - Reinsurance industry.
No peer company data available for comparison.
About MNRB Holdings Bhd
MNRB Holdings Berhad, an investment holding company, engages in the general reinsurance, takaful, and retakaful businesses in Malaysia and internationally. It offers general reinsurance; family and general retakaful services; financial protection services; and general takaful solutions, such as motor and non-motor general takaful protection products. The company distributes its products through a… Read more