Axiata Group Bhd (6888) - Net Assets

Latest as of December 2025: RM24.07 Billion MYR ≈ $6.04 Billion USD

Based on the latest financial reports, Axiata Group Bhd (6888) has net assets worth RM24.07 Billion MYR (≈ $6.04 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM49.77 Billion ≈ $12.50 Billion USD) and total liabilities (RM25.70 Billion ≈ $6.45 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 Axiata Group Bhd (6888) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM24.07 Billion
% of Total Assets	48.36%
Annual Growth Rate	1.02%
5-Year Change	-3.98%
10-Year Change	-15.9%
Growth Volatility	19.26

Axiata Group Bhd - Net Assets Trend (2005–2025)

This chart illustrates how Axiata Group Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Axiata Group Bhd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Axiata Group Bhd (2005–2025)

The table below shows the annual net assets of Axiata Group Bhd from 2005 to 2025. For live valuation and market cap data, see 6888 market cap overview.

Year	Net Assets	Change
2025-12-31	RM24.07 Billion ≈ $6.04 Billion	-12.72%
2024-12-31	RM27.58 Billion ≈ $6.92 Billion	-2.33%
2023-12-31	RM28.24 Billion ≈ $7.09 Billion	-7.97%
2022-12-31	RM30.68 Billion ≈ $7.70 Billion	+22.40%
2021-12-31	RM25.07 Billion ≈ $6.29 Billion	+4.97%
2020-12-31	RM23.88 Billion ≈ $6.00 Billion	+7.47%
2019-12-31	RM22.22 Billion ≈ $5.58 Billion	-4.28%
2018-12-31	RM23.21 Billion ≈ $5.83 Billion	-23.90%
2017-12-31	RM30.50 Billion ≈ $7.66 Billion	+6.58%
2016-12-31	RM28.62 Billion ≈ $7.19 Billion	+11.26%
2015-12-31	RM25.72 Billion ≈ $6.46 Billion	+14.04%
2014-12-31	RM22.56 Billion ≈ $5.66 Billion	+5.51%
2013-12-31	RM21.38 Billion ≈ $5.37 Billion	-2.85%
2012-12-31	RM22.01 Billion ≈ $5.53 Billion	+4.20%
2011-12-31	RM21.12 Billion ≈ $5.30 Billion	+4.15%
2010-12-31	RM20.28 Billion ≈ $5.09 Billion	+7.41%
2009-12-31	RM18.88 Billion ≈ $4.74 Billion	+61.41%
2008-12-31	RM11.70 Billion ≈ $2.94 Billion	-43.36%
2007-12-31	RM20.65 Billion ≈ $5.18 Billion	-0.46%
2006-12-31	RM20.75 Billion ≈ $5.21 Billion	+5.63%
2005-12-31	RM19.64 Billion ≈ $4.93 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Axiata Group 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 1133538000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM11.34 Billion	55.68%
Common Stock	RM13.94 Billion	68.49%
Other Comprehensive Income	RM-2.36 Billion	-11.62%
Total Equity	RM20.36 Billion	100.00%

Axiata Group Bhd Competitors by Market Cap

The table below lists competitors of Axiata Group Bhd ranked by their market capitalization.

Company	Market Cap
Gerdau SA ADR NYSE:GGB	$5.42 Billion
Planet Fitness Inc NYSE:PLNT	$5.43 Billion
Casella Waste Systems Inc NASDAQ:CWST	$5.43 Billion
CD PROJEKT (UNSP.ADR)1/4 F:7CD0	$5.43 Billion
Blue Owl Technology Finance Corp. NYSE:OTF	$5.41 Billion
3Peak Inc SHG:688536	$5.41 Billion
GREEK O.FOOTB. ADR 1/2 F:GF8A	$5.41 Billion
Bharat Dynamics Limited NSE:BDL	$5.41 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 21,193,214,000 to 20,357,308,000, a change of -835,906,000 (-3.9%).
Net income of 364,624,000 contributed positively to equity growth.
Dividend payments of 918,586,000 reduced retained earnings.
Other comprehensive income decreased equity by 2,364,526,000.
Other factors increased equity by 2,082,582,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM364.62 Million	+1.79%
Dividends Paid	RM918.59 Million	-4.51%
Other Comprehensive Income	RM-2.36 Billion	-11.62%
Other Changes	RM2.08 Billion	+10.23%
Total Change	RM-	-3.94%

Book Value vs Market Value Analysis

This analysis compares Axiata Group 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: 1.06x
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 0.62x to 1.06x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	RM3.80	RM2.35	x
2006-12-31	RM3.99	RM2.35	x
2007-12-31	RM3.77	RM2.35	x
2008-12-31	RM2.07	RM2.35	x
2009-12-31	RM2.36	RM2.35	x
2010-12-31	RM2.21	RM2.35	x
2011-12-31	RM2.27	RM2.35	x
2012-12-31	RM2.36	RM2.35	x
2013-12-31	RM2.29	RM2.35	x
2014-12-31	RM2.40	RM2.35	x
2015-12-31	RM2.70	RM2.35	x
2016-12-31	RM2.65	RM2.35	x
2017-12-31	RM2.74	RM2.35	x
2018-12-31	RM1.92	RM2.35	x
2019-12-31	RM1.77	RM2.35	x
2020-12-31	RM1.92	RM2.35	x
2021-12-31	RM1.96	RM2.35	x
2022-12-31	RM2.61	RM2.35	x
2023-12-31	RM2.40	RM2.35	x
2024-12-31	RM2.31	RM2.35	x
2025-12-31	RM2.21	RM2.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Axiata Group 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): 1.79%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.10%
• Asset Turnover: 0.24x
• Equity Multiplier: 2.44x
Recent ROE (1.79%) is below the historical average (7.17%), 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	4.51%	6.14%	0.34x	2.17x	RM-1.04 Billion
2006	11.56%	14.04%	0.39x	2.10x	RM311.19 Million
2007	13.29%	14.75%	0.40x	2.23x	RM651.39 Million
2008	4.20%	4.15%	0.30x	3.33x	RM-650.58 Million
2009	9.66%	13.40%	0.35x	2.04x	RM-62.50 Million
2010	11.30%	13.55%	0.41x	2.03x	RM244.05 Million
2011	14.06%	17.81%	0.38x	2.10x	RM783.40 Million
2012	12.50%	14.24%	0.41x	2.14x	RM503.23 Million
2013	13.00%	13.88%	0.42x	2.22x	RM587.86 Million
2014	11.32%	12.55%	0.38x	2.37x	RM274.21 Million
2015	10.86%	12.85%	0.35x	2.39x	RM201.69 Million
2016	2.14%	2.34%	0.31x	2.99x	RM-1.85 Billion
2017	3.68%	3.73%	0.35x	2.83x	RM-1.56 Billion
2018	-28.81%	-21.08%	0.37x	3.65x	RM-6.78 Billion
2019	9.01%	5.93%	0.37x	4.11x	RM-160.53 Million
2020	3.54%	2.58%	0.36x	3.85x	RM-1.14 Billion
2021	7.09%	4.93%	0.36x	4.03x	RM-523.65 Million
2022	40.74%	44.94%	0.27x	3.41x	RM7.36 Billion
2023	-9.25%	-9.14%	0.28x	3.67x	RM-4.25 Billion
2024	4.47%	4.24%	0.30x	3.51x	RM-1.17 Billion
2025	1.79%	3.10%	0.24x	2.44x	RM-1.67 Billion

Industry Comparison

This section compares Axiata Group Bhd's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

Industry: Telecom Services
Average net assets among peers: $1,334,529,281
Average return on equity (ROE) among peers: -8.87%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Axiata Group Bhd (6888)	RM24.07 Billion	4.51%	1.07x	$5.42 Billion
XOX Technology Bhd (0017)	$28.92 Million	29.75%	2.41x	$6.73 Million
Redtone International Bhd (0032)	$74.14 Million	0.00%	0.50x	$65.01 Million
Green Packet Bhd (0082)	$161.31 Million	-96.53%	0.91x	$16.28 Million
mTouche Technology Bhd (0092)	$146.50 Million	-7.45%	0.03x	$5.82 Million
M N C Wireless Bhd (0103)	$78.09 Million	-8.51%	0.12x	$2.39 Million
XOX Bhd (0165)	$233.64 Million	-38.94%	0.48x	$8.62 Million
OCK Group Bhd (0172)	$699.97 Million	3.66%	1.84x	$102.76 Million
Binasat Communications Bhd (0195)	$120.27 Million	1.48%	0.34x	$11.38 Million
Telekom Malaysia Bhd (4863)	$9.32 Billion	20.06%	1.57x	$7.21 Billion
TIME Dotcom Bhd (5031)	$2.48 Billion	7.81%	0.15x	$2.80 Billion

About Axiata Group Bhd

KLSE:6888 Malaysia Telecom Services

Market Cap

$5.42 Billion

RM21.59 Billion MYR

Market Cap Rank

#3388 Global

#25 in Malaysia

Share Price

RM2.35

Change (1 day)

+4.44%

52-Week Range

RM2.00 - RM2.76

All Time High

RM5.08