Bintai Kinden Corporation Bhd
Bintai Kinden Corporation Berhad, an investment holding company, provides specialized mechanical and electrical engineering services in Malaysia. It operates through Specialized Mechanical and Electrical Engineering and Construction; Concession Arrangements; Investment Holdings and Others segments. The company undertakes infrastructure, and civil and structural construction project, including ear… Read more
Bintai Kinden Corporation Bhd (6998) - Net Assets
Latest net assets as of September 2025: RM111.83 Million MYR
Based on the latest financial reports, Bintai Kinden Corporation Bhd (6998) has net assets worth RM111.83 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM230.38 Million) and total liabilities (RM118.55 Million). 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 | RM111.83 Million |
| % of Total Assets | 48.54% |
| Annual Growth Rate | 3.14% |
| 5-Year Change | -6.29% |
| 10-Year Change | 90.53% |
| Growth Volatility | 33.29 |
Bintai Kinden Corporation Bhd - Net Assets Trend (2013–2025)
This chart illustrates how Bintai Kinden Corporation 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 Bintai Kinden Corporation Bhd (2013–2025)
The table below shows the annual net assets of Bintai Kinden Corporation Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM107.23 Million | +33.67% |
| 2024-03-31 | RM80.22 Million | -14.20% |
| 2023-03-31 | RM93.50 Million | -53.48% |
| 2022-03-31 | RM200.97 Million | +75.64% |
| 2021-03-31 | RM114.42 Million | +50.92% |
| 2020-03-31 | RM75.82 Million | -5.02% |
| 2019-03-31 | RM79.83 Million | +9.17% |
| 2018-03-31 | RM73.13 Million | +11.24% |
| 2017-03-31 | RM65.74 Million | +16.80% |
| 2016-03-31 | RM56.28 Million | -29.65% |
| 2015-03-31 | RM80.00 Million | +15.94% |
| 2014-03-31 | RM69.00 Million | -6.76% |
| 2013-03-31 | RM74.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bintai Kinden Corporation 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 decreased by 1173.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM250.66 Million | 233.76% |
| Total Equity | RM107.23 Million | 100.00% |
Bintai Kinden Corporation Bhd Competitors by Market Cap
The table below lists competitors of Bintai Kinden Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DMS S.A. INH. EO 11845
F:DMS1
|
$12.33 Million |
|
Telcon Inc
KQ:200230
|
$12.33 Million |
|
Hookipa Pharma Inc
NASDAQ:HOOK
|
$12.33 Million |
|
SAGA PURE ASA NK 1
F:SAT
|
$12.33 Million |
|
Eastern Platinum Limited
PINK:ELRFF
|
$12.31 Million |
|
Mlk Foods Public Company Ltd
WAR:MLK
|
$12.31 Million |
|
Qingdao Hengshun Zhongsheng
SHE:300208
|
$12.31 Million |
|
Avenira Limited
PINK:MMMKF
|
$12.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bintai Kinden Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 113,490,000 to 107,226,000, a change of -6,264,000 (-5.5%).
- Net loss of 31,731,000 reduced equity.
- Share repurchases of 18,528,000 reduced equity.
- New share issuances of 25,467,000 increased equity.
- Other factors increased equity by 18,528,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-31.73 Million | -29.59% |
| Share Repurchases | RM18.53 Million | -17.28% |
| Share Issuances | RM25.47 Million | +23.75% |
| Other Changes | RM18.53 Million | +17.28% |
| Total Change | RM- | -5.52% |
Book Value vs Market Value Analysis
This analysis compares Bintai Kinden Corporation 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: 1.23x
- 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 0.40x to 1.23x 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 | RM0.23 | RM0.09 | x |
| 2018-03-31 | RM0.25 | RM0.09 | x |
| 2019-03-31 | RM0.28 | RM0.09 | x |
| 2020-03-31 | RM0.26 | RM0.09 | x |
| 2021-03-31 | RM0.30 | RM0.09 | x |
| 2022-03-31 | RM0.27 | RM0.09 | x |
| 2023-03-31 | RM0.10 | RM0.09 | x |
| 2024-03-31 | RM0.09 | RM0.09 | x |
| 2025-03-31 | RM0.07 | RM0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bintai Kinden Corporation 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): -29.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -125.48%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.19x
- Recent ROE (-29.59%) is below the historical average (-16.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -64.11% | -7.56% | 0.98x | 8.66x | RM-41.71 Million |
| 2017 | -17.76% | -1.71% | 1.22x | 8.50x | RM-18.25 Million |
| 2018 | 6.77% | 2.26% | 1.08x | 2.78x | RM-2.36 Million |
| 2019 | 0.42% | 0.23% | 0.48x | 3.87x | RM-7.65 Million |
| 2020 | -0.47% | -0.40% | 0.26x | 4.49x | RM-7.94 Million |
| 2021 | -8.13% | -15.96% | 0.17x | 3.00x | RM-20.74 Million |
| 2022 | 2.13% | 4.44% | 0.22x | 2.19x | RM-15.83 Million |
| 2023 | -54.67% | -44.03% | 0.46x | 2.70x | RM-60.47 Million |
| 2024 | 3.58% | 11.05% | 0.15x | 2.18x | RM-7.28 Million |
| 2025 | -29.59% | -125.48% | 0.11x | 2.19x | RM-42.45 Million |
Industry Comparison
This section compares Bintai Kinden Corporation Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bintai Kinden Corporation Bhd (6998) | RM111.83 Million | -64.11% | 1.06x | $12.31 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |