K N Kenanga Holdings Bhd (6483) - Net Assets

Latest as of March 2026: RM1.05 Billion MYR ≈ $264.07 Million USD

Based on the latest financial reports, K N Kenanga Holdings Bhd (6483) has net assets worth RM1.05 Billion MYR (≈ $264.07 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 (RM7.73 Billion ≈ $1.94 Billion USD) and total liabilities (RM6.68 Billion ≈ $1.68 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. Also explore 6483 total asset value for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM1.05 Billion
% of Total Assets	13.61%
Annual Growth Rate	2.1%
5-Year Change	3.17%
10-Year Change	22.86%
Growth Volatility	3.88

K N Kenanga Holdings Bhd - Net Assets Trend (2012–2025)

This chart illustrates how K N Kenanga Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of K N Kenanga Holdings Bhd to evaluate the tangible quality of the company's equity base.

Annual Net Assets for K N Kenanga Holdings Bhd (2012–2025)

The table below shows the annual net assets of K N Kenanga Holdings Bhd from 2012 to 2025. For live valuation and market cap data, see market cap of K N Kenanga Holdings Bhd.

Year	Net Assets	Change
2025-12-31	RM1.09 Billion ≈ $273.28 Million	-2.63%
2024-12-31	RM1.12 Billion ≈ $280.65 Million	+4.38%
2023-12-31	RM1.07 Billion ≈ $268.89 Million	+4.71%
2022-12-31	RM1.02 Billion ≈ $256.80 Million	-3.05%
2021-12-31	RM1.06 Billion ≈ $264.88 Million	+5.52%
2020-12-31	RM999.84 Million ≈ $251.03 Million	+10.57%
2019-12-31	RM904.29 Million ≈ $227.04 Million	+3.82%
2018-12-31	RM871.01 Million ≈ $218.68 Million	-2.30%
2017-12-31	RM891.47 Million ≈ $223.82 Million	+0.62%
2016-12-31	RM885.96 Million ≈ $222.43 Million	+2.42%
2015-12-31	RM865.00 Million ≈ $217.17 Million	+0.23%
2014-12-31	RM863.00 Million ≈ $216.67 Million	+5.37%
2013-12-31	RM819.00 Million ≈ $205.62 Million	-1.44%
2012-12-31	RM831.00 Million ≈ $208.64 Million	--

Equity Component Analysis

This analysis shows how different components contribute to K N Kenanga 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 580.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM721.40 Million	66.28%
Common Stock	RM253.83 Million	23.32%
Other Comprehensive Income	RM120.68 Million	11.09%
Total Equity	RM1.09 Billion	100.00%

K N Kenanga Holdings Bhd Competitors by Market Cap

The table below lists competitors of K N Kenanga Holdings Bhd ranked by their market capitalization.

Company	Market Cap
Xanadu Mines Ltd AU:XAM	$129.69 Million
Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust BK:TPRIME	$129.69 Million
UniTest Incorporation KQ:086390	$129.79 Million
Digital Daesung Co. Ltd KQ:068930	$129.81 Million
Buligo Capital Ltd TA:BLGO	$129.69 Million
Reef Casino Trust AU:RCT	$129.67 Million
Excellence Optoelectronic Inc TW:6288	$129.66 Million
Oriental Precision & Engineering Co.Ltd KQ:014940	$129.64 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,117,842,000 to 1,088,463,000, a change of -29,379,000 (-2.6%).
Net income of 49,965,000 contributed positively to equity growth.
Dividend payments of 58,267,000 reduced retained earnings.
Share repurchases of 697,000 reduced equity.
New share issuances of 418,000 increased equity.
Other comprehensive income increased equity by 120,678,999.
Other factors decreased equity by 141,476,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM49.97 Million	+4.59%
Dividends Paid	RM58.27 Million	-5.35%
Share Repurchases	RM697.00K	-0.06%
Share Issuances	RM418.00K	+0.04%
Other Comprehensive Income	RM120.68 Million	+11.09%
Other Changes	RM-141.48 Million	-13.0%
Total Change	RM-	-2.63%

Book Value vs Market Value Analysis

This analysis compares K N Kenanga 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: 0.47x
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 0.58x to 0.47x 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	RM1.23	RM0.71	x
2017-12-31	RM1.23	RM0.71	x
2018-12-31	RM1.25	RM0.71	x
2019-12-31	RM1.29	RM0.71	x
2020-12-31	RM1.41	RM0.71	x
2021-12-31	RM1.41	RM0.71	x
2022-12-31	RM1.39	RM0.71	x
2023-12-31	RM1.48	RM0.71	x
2024-12-31	RM1.53	RM0.71	x
2025-12-31	RM1.49	RM0.71	x

Capital Efficiency Dashboard

This dashboard shows how efficiently K N Kenanga 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): 4.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.71%
• Asset Turnover: 0.12x
• Equity Multiplier: 6.53x
Recent ROE (4.59%) is below the historical average (5.21%), 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	1.29%	2.81%	0.06x	7.16x	RM-74.50 Million
2016	2.23%	5.75%	0.06x	6.85x	RM-68.88 Million
2017	2.71%	7.62%	0.05x	7.30x	RM-64.96 Million
2018	1.37%	3.79%	0.05x	7.52x	RM-75.19 Million
2019	2.92%	5.45%	0.07x	7.33x	RM-64.04 Million
2020	10.21%	16.80%	0.09x	6.58x	RM2.10 Million
2021	11.27%	25.20%	0.07x	6.11x	RM13.36 Million
2022	5.36%	10.92%	0.08x	5.86x	RM-47.22 Million
2023	6.78%	11.50%	0.10x	6.15x	RM-34.46 Million
2024	8.57%	12.19%	0.10x	6.85x	RM-16.03 Million
2025	4.59%	5.71%	0.12x	6.53x	RM-58.88 Million

Industry Comparison

This section compares K N Kenanga Holdings Bhd's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

Industry: Capital Markets
Average net assets among peers: $720,601,269
Average return on equity (ROE) among peers: 9.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
K N Kenanga Holdings Bhd (6483)	RM1.05 Billion	1.29%	6.35x	$129.69 Million
Mercury Securities Group Berhad (0285)	$116.39 Million	14.78%	0.50x	$58.29 Million
Insas Bhd (3379)	$1.98 Billion	13.01%	0.25x	$156.70 Million
Apex Equity Holdings Bhd (5088)	$321.18 Million	1.99%	0.11x	$33.24 Million
Hong Leong Capital Bhd (5274)	$944.99 Million	7.67%	3.53x	$186.47 Million
M & A EQUITY HOLDINGS BERHAD (7082)	$241.00 Million	10.37%	0.77x	$97.91 Million

About K N Kenanga Holdings Bhd

KLSE:6483 Malaysia Capital Markets

Market Cap

$129.69 Million

RM516.56 Million MYR

Market Cap Rank

#18163 Global

#284 in Malaysia

Share Price

RM0.71

Change (1 day)

+0.71%

52-Week Range

RM0.68 - RM0.91

All Time High

RM1.59