AEON Co (Malaysia) Bhd
Aeon Co. (M) Bhd. operates and manages a retail chain of departmental stores and supermarkets in Malaysia. The company operates in two segments, Retailing and Property Management Services. It sells clothing, food, pharmaceuticals, and household products, as well as other merchandise. The company also operates general merchandise stores, shopping malls, shopping centers, pharmacies, and shopping m… Read more
AEON Co (Malaysia) Bhd (6599) - Net Assets
Latest net assets as of December 2025: RM2.00 Billion MYR
Based on the latest financial reports, AEON Co (Malaysia) Bhd (6599) has net assets worth RM2.00 Billion MYR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM5.80 Billion) and total liabilities (RM3.80 Billion). 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 | RM2.00 Billion |
| % of Total Assets | 34.54% |
| Annual Growth Rate | 6.02% |
| 5-Year Change | 14.93% |
| 10-Year Change | 6.62% |
| Growth Volatility | 8.44 |
AEON Co (Malaysia) Bhd - Net Assets Trend (2005–2025)
This chart illustrates how AEON Co (Malaysia) 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 AEON Co (Malaysia) Bhd (2005–2025)
The table below shows the annual net assets of AEON Co (Malaysia) Bhd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM2.00 Billion | +3.40% |
| 2024-12-31 | RM1.94 Billion | +4.20% |
| 2023-12-31 | RM1.86 Billion | +2.88% |
| 2022-12-31 | RM1.81 Billion | +3.69% |
| 2021-12-31 | RM1.74 Billion | +4.29% |
| 2020-12-31 | RM1.67 Billion | -1.46% |
| 2019-12-31 | RM1.70 Billion | -16.07% |
| 2018-12-31 | RM2.02 Billion | +2.93% |
| 2017-12-31 | RM1.96 Billion | +4.49% |
| 2016-12-31 | RM1.88 Billion | +1.84% |
| 2015-12-31 | RM1.84 Billion | +3.43% |
| 2014-12-31 | RM1.78 Billion | +8.50% |
| 2013-12-31 | RM1.64 Billion | +11.88% |
| 2012-12-31 | RM1.47 Billion | +14.07% |
| 2011-12-31 | RM1.29 Billion | +14.33% |
| 2010-12-31 | RM1.13 Billion | +14.46% |
| 2009-12-31 | RM984.19 Million | +11.55% |
| 2008-12-31 | RM882.25 Million | +11.56% |
| 2007-12-31 | RM790.82 Million | +27.17% |
| 2005-12-31 | RM621.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AEON Co (Malaysia) 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 218.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.25 Billion | 62.34% |
| Common Stock | RM702.00 Million | 35.05% |
| Other Comprehensive Income | RM52.30 Million | 2.61% |
| Total Equity | RM2.00 Billion | 100.00% |
AEON Co (Malaysia) Bhd Competitors by Market Cap
The table below lists competitors of AEON Co (Malaysia) Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Guotai Environmental Protection Technology Co. Ltd. A
SHE:301203
|
$166.68 Million |
|
Alpha Investment Inc
PINK:ALPC
|
$166.69 Million |
|
Tcc Steel
KO:002710
|
$166.70 Million |
|
ARCHICOM SA ZY10
F:696
|
$166.70 Million |
|
Distribuidora de Gas Cuyana SA
BA:DGCU2
|
$166.65 Million |
|
Stillfront Group AB (publ)
PINK:STLFF
|
$166.60 Million |
|
Logan Energy Corp.
PINK:LOECF
|
$166.58 Million |
|
Maiquer Group Co Ltd
SHE:002719
|
$166.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AEON Co (Malaysia) Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,937,100,000 to 2,002,900,000, a change of 65,800,000 (3.4%).
- Net income of 133,800,000 contributed positively to equity growth.
- Dividend payments of 63,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 52,300,000.
- Other factors decreased equity by 57,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM133.80 Million | +6.68% |
| Dividends Paid | RM63.20 Million | -3.16% |
| Other Comprehensive Income | RM52.30 Million | +2.61% |
| Other Changes | RM-57.10 Million | -2.85% |
| Total Change | RM- | 3.40% |
Book Value vs Market Value Analysis
This analysis compares AEON Co (Malaysia) 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: 0.79x
- 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 2.55x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | RM0.44 | RM1.13 | x |
| 2007-12-31 | RM0.56 | RM1.13 | x |
| 2008-12-31 | RM0.63 | RM1.13 | x |
| 2009-12-31 | RM0.70 | RM1.13 | x |
| 2010-12-31 | RM0.80 | RM1.13 | x |
| 2011-12-31 | RM0.92 | RM1.13 | x |
| 2012-12-31 | RM1.05 | RM1.13 | x |
| 2013-12-31 | RM1.17 | RM1.13 | x |
| 2014-12-31 | RM1.26 | RM1.13 | x |
| 2015-12-31 | RM1.31 | RM1.13 | x |
| 2016-12-31 | RM1.33 | RM1.13 | x |
| 2017-12-31 | RM1.40 | RM1.13 | x |
| 2018-12-31 | RM1.44 | RM1.13 | x |
| 2019-12-31 | RM1.21 | RM1.13 | x |
| 2020-12-31 | RM1.19 | RM1.13 | x |
| 2021-12-31 | RM1.24 | RM1.13 | x |
| 2022-12-31 | RM1.29 | RM1.13 | x |
| 2023-12-31 | RM1.32 | RM1.13 | x |
| 2024-12-31 | RM1.38 | RM1.13 | x |
| 2025-12-31 | RM1.43 | RM1.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AEON Co (Malaysia) 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): 6.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.12%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.90x
- Recent ROE (6.68%) is below the historical average (9.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 11.77% | 3.73% | 1.62x | 1.95x | RM11.02 Million |
| 2007 | 13.30% | 3.64% | 1.68x | 2.18x | RM26.09 Million |
| 2008 | 13.67% | 3.51% | 1.64x | 2.37x | RM32.38 Million |
| 2009 | 13.57% | 3.57% | 1.83x | 2.07x | RM35.11 Million |
| 2010 | 14.67% | 5.71% | 1.30x | 1.98x | RM52.65 Million |
| 2011 | 15.17% | 6.55% | 1.22x | 1.89x | RM66.56 Million |
| 2012 | 14.49% | 6.54% | 1.21x | 1.83x | RM65.92 Million |
| 2013 | 14.05% | 6.57% | 1.16x | 1.84x | RM66.60 Million |
| 2014 | 12.01% | 5.74% | 1.10x | 1.90x | RM35.64 Million |
| 2015 | 7.28% | 3.48% | 0.95x | 2.20x | RM-49.95 Million |
| 2016 | 4.28% | 1.97% | 0.91x | 2.37x | RM-106.74 Million |
| 2017 | 5.35% | 2.57% | 0.93x | 2.25x | RM-91.28 Million |
| 2018 | 5.20% | 2.41% | 0.94x | 2.30x | RM-96.91 Million |
| 2019 | 6.45% | 2.41% | 0.69x | 3.86x | RM-60.27 Million |
| 2020 | 2.48% | 1.02% | 0.66x | 3.65x | RM-125.68 Million |
| 2021 | 4.89% | 2.35% | 0.62x | 3.36x | RM-88.99 Million |
| 2022 | 6.16% | 2.69% | 0.76x | 3.00x | RM-69.47 Million |
| 2023 | 6.18% | 2.78% | 0.79x | 2.81x | RM-71.07 Million |
| 2024 | 5.93% | 2.69% | 0.76x | 2.91x | RM-78.91 Million |
| 2025 | 6.68% | 3.12% | 0.74x | 2.90x | RM-66.49 Million |
Industry Comparison
This section compares AEON Co (Malaysia) Bhd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $1,200,578,667
- Average return on equity (ROE) among peers: 27.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AEON Co (Malaysia) Bhd (6599) | RM2.00 Billion | 11.77% | 1.90x | $166.66 Million |
| 99 Speed Mart Retail Holdings Berhad (5326) | $631.85 Million | 51.70% | 2.77x | $1.09 Billion |
| Eco-Shop Marketing Berhad (5337) | $552.36 Million | 32.10% | 1.31x | $321.93 Million |
| Parkson Holdings Bhd (5657) | $2.42 Billion | -0.79% | 2.53x | $14.94 Million |