Bintai Kinden Corporation Bhd (6998) - Net Assets

Latest as of June 2026: RM96.04 Million MYR ≈ $24.11 Million USD

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. Check 6998 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

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

Bintai Kinden Corporation Bhd - Net Assets Trend (2013–2026)

This chart illustrates how Bintai Kinden Corporation Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 6998 stock market capitalisation.

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. Also explore Bintai Kinden Corporation Bhd (6998) net asset momentum to track the company's year-over-year net asset growth rate.

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	--

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.

Current Equity Component Breakdown (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
Yesil Yapi Endustrisi AS IS:YYAPI	$29.40 Million
Opticis Company Limited KQ:109080	$29.42 Million
Taya Inv-L TA:TAYA	$29.43 Million
Prodigy Public Company Limited BK:PDG	$29.44 Million
HI SPAC 3 KQ:217500	$29.39 Million
Cannindah Resources Ltd AU:CAE	$29.38 Million
Greencoat UK Wind PLC LSE:UKW	$29.36 Million
Karolinska Development AB ser. B ST:KDEV	$29.36 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: 0.94x
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 increased from 0.31x to 0.94x 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	RM0.07	x
2018-03-31	RM0.25	RM0.07	x
2019-03-31	RM0.28	RM0.07	x
2020-03-31	RM0.26	RM0.07	x
2021-03-31	RM0.30	RM0.07	x
2022-03-31	RM0.27	RM0.07	x
2023-03-31	RM0.10	RM0.07	x
2024-03-31	RM0.09	RM0.07	x
2025-03-31	RM0.07	RM0.07	x
2026-03-31	RM0.07	RM0.07	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: $81,484,006
Average return on equity (ROE) among peers: -9.46%

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	$29.39 Million
Southern Score Builders Berhad (0045)	$-6.44 Million	0.00%	0.00x	$353.75 Million
Ecobuilt Holdings Bhd (0059)	$34.50 Million	4.23%	4.18x	$3.70 Million
Mega Sun City Holdings Bhd (0081)	$65.34 Million	-44.66%	0.02x	$3.72 Million
Waja Konsortium Bhd (0102)	$36.86 Million	-117.43%	0.45x	$14.00 Million
Kelington Group Bhd (0151)	$40.24 Million	21.22%	0.72x	$1.65 Billion
Widad Group Bhd (0162)	$180.69 Million	2.22%	1.27x	$11.75 Million
Pasukhas Group Bhd (0177)	$165.33 Million	-11.64%	0.37x	$4.31 Million
HSS Engineers Bhd (0185)	$227.91 Million	1.33%	0.61x	$60.64 Million
Cabnet Holdings Bhd (0191)	$27.59 Million	23.23%	0.49x	$9.20 Million
Inta Bina Group Bhd (0192)	$42.82 Million	26.88%	3.68x	$57.87 Million

About Bintai Kinden Corporation Bhd

KLSE:6998 Malaysia Engineering & Construction

Market Cap

$29.39 Million

RM117.06 Million MYR

Market Cap Rank

#23936 Global

#589 in Malaysia

Share Price

RM0.07

Change (1 day)

+0.00%

52-Week Range

RM0.07 - RM0.12

All Time High

RM1.39