Bintai Kinden Corporation Bhd Net Assets
Bintai Kinden Corporation Bhd net assets. Based on the latest financial reports, Bintai Kinden Corporation Bhd (6998) has net assets worth RM96.04 Million MYR (≈ $24.11 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM250.87 Million ≈ $62.99 Million USD) and total liabilities (RM154.83 Million ≈ $38.87 Million 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 6998 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM96.04 Million |
| % of Total Assets | 38.28% |
| Annual Growth Rate | 0.93% |
| 5-Year Change | -58.47% |
| 10-Year Change | 26.96% |
| Growth Volatility | 33.03 |
Net Assets of Bintai Kinden Corporation Bhd (2013–2026)
Net assets of Bintai Kinden Corporation Bhd from 2013 to 2026. This chart illustrates how Bintai Kinden Corporation Bhd's net assets have evolved over time, based on quarterly financial data. See Bintai Kinden Corporation Bhd (6998) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Bintai Kinden Corporation Bhd (2013–2026)
The table below shows the annual net assets of Bintai Kinden Corporation Bhd from 2013 to 2026. For live market cap and overall valuation, see Bintai Kinden Corporation Bhd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | RM83.46 Million ≈ $20.95 Million |
-22.17% |
| 2025-03-31 | RM107.23 Million ≈ $26.92 Million |
+33.67% |
| 2024-03-31 | RM80.22 Million ≈ $20.14 Million |
-14.20% |
| 2023-03-31 | RM93.50 Million ≈ $23.47 Million |
-53.48% |
| 2022-03-31 | RM200.97 Million ≈ $50.46 Million |
+75.64% |
| 2021-03-31 | RM114.42 Million ≈ $28.73 Million |
+50.92% |
| 2020-03-31 | RM75.82 Million ≈ $19.04 Million |
-5.02% |
| 2019-03-31 | RM79.83 Million ≈ $20.04 Million |
+9.17% |
| 2018-03-31 | RM73.13 Million ≈ $18.36 Million |
+11.24% |
| 2017-03-31 | RM65.74 Million ≈ $16.50 Million |
+16.80% |
| 2016-03-31 | RM56.28 Million ≈ $14.13 Million |
-29.65% |
| 2015-03-31 | RM80.00 Million ≈ $20.09 Million |
+15.94% |
| 2014-03-31 | RM69.00 Million ≈ $17.32 Million |
-6.76% |
| 2013-03-31 | RM74.00 Million ≈ $18.58 Million |
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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 48.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Bintai Kinden Corporation Bhd Net Assets Breakdown (March 2026)
Bintai Kinden Corporation Bhd net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM6.89 Million | 6.16% |
| Other Components | RM104.99 Million | 93.84% |
| Total Equity | RM111.88 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 |
|---|---|
|
PPAP Automotive Limited
NSE:PPAP
|
$31.71 Million |
|
Zenith Minerals Ltd
AU:ZNC
|
$31.72 Million |
|
Hitech Group Australia Ltd
AU:HIT
|
$31.73 Million |
|
Mitie Group PLC
LSE:MTO
|
$31.73 Million |
|
Offerpad Solutions Inc
NYSE:OPAD
|
$31.70 Million |
|
DUG Foodtech AB (publ)
ST:VUXEN
|
$31.70 Million |
|
Vitreous Glass Inc
V:VCI
|
$31.68 Million |
|
Axteria Group Bhd
KLSE:7120
|
$31.67 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 2025 to 2026, total equity changed from 107,226,000 to 111,878,000, a change of 4,652,000 (4.3%).
- Net income of 2,749,000 contributed positively to equity growth.
- New share issuances of 2,928,000 increased equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.75 Million | +2.46% |
| Share Issuances | RM2.93 Million | +2.62% |
| Other Changes | RM-1.02 Million | -0.92% |
| Total Change | RM- | 4.34% |
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: 1.01x
- 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 0.33x to 1.01x 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 | RM0.08 | x |
| 2018-03-31 | RM0.25 | RM0.08 | x |
| 2019-03-31 | RM0.28 | RM0.08 | x |
| 2020-03-31 | RM0.26 | RM0.08 | x |
| 2021-03-31 | RM0.30 | RM0.08 | x |
| 2022-03-31 | RM0.27 | RM0.08 | x |
| 2023-03-31 | RM0.10 | RM0.08 | x |
| 2024-03-31 | RM0.09 | RM0.08 | x |
| 2025-03-31 | RM0.07 | RM0.08 | x |
| 2026-03-31 | RM0.07 | RM0.08 | 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): 2.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.93%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.19x
- Recent ROE (2.46%) is above the historical average (-14.49%), indicating improving 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 |
| 2026 | 2.46% | 4.93% | 0.23x | 2.19x | RM-8.44 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: $131,887,344
- Average return on equity (ROE) among peers: 3.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bintai Kinden Corporation Bhd (6998) | RM96.04 Million | -64.11% | 1.61x | $31.71 Million |
| Southern Score Builders Berhad (0045) | $-6.44 Million | 0.00% | 0.00x | $353.75 Million |
| Ecobuilt Holdings Bhd (0059) | $123.81 Million | 5.35% | 0.72x | $3.70 Million |
| Mega Sun City Holdings Bhd (0081) | $67.25 Million | -4.77% | 0.01x | $3.72 Million |
| Waja Konsortium Bhd (0102) | $40.12 Million | -0.57% | 1.17x | $12.60 Million |
| Kelington Group Bhd (0151) | $338.39 Million | 30.77% | 2.17x | $1.66 Billion |
| Widad Group Bhd (0162) | $180.69 Million | 2.22% | 1.27x | $7.84 Million |
| Pasukhas Group Bhd (0177) | $153.30 Million | -14.88% | 0.31x | $3.59 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $62.55 Million |
| Cabnet Holdings Bhd (0191) | $47.04 Million | 10.04% | 0.23x | $9.87 Million |
| Inta Bina Group Bhd (0192) | $146.80 Million | 8.03% | 1.63x | $58.65 Million |
About 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 eart… Read more