Latitude Tree Holdings Bhd (7006) - Net Assets
Based on the latest financial reports, Latitude Tree Holdings Bhd (7006) has net assets worth RM664.85 Million MYR (≈ $166.92 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM805.10 Million ≈ $202.13 Million USD) and total liabilities (RM140.25 Million ≈ $35.21 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 Latitude Tree Holdings Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM664.85 Million |
| % of Total Assets | 82.58% |
| Annual Growth Rate | 7.83% |
| 5-Year Change | 7.41% |
| 10-Year Change | 35.2% |
| Growth Volatility | 9.83 |
Latitude Tree Holdings Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Latitude Tree Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 7006 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Latitude Tree Holdings Bhd (2012–2025)
The table below shows the annual net assets of Latitude Tree Holdings Bhd from 2012 to 2025. For live valuation and market cap data, see 7006 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | RM655.44 Million ≈ $164.56 Million |
-5.59% |
| 2024-06-30 | RM694.27 Million ≈ $174.31 Million |
+1.25% |
| 2023-06-30 | RM685.71 Million ≈ $172.16 Million |
+4.65% |
| 2022-06-30 | RM655.26 Million ≈ $164.51 Million |
+7.38% |
| 2021-06-30 | RM610.24 Million ≈ $153.21 Million |
+5.58% |
| 2020-06-30 | RM578.00 Million ≈ $145.12 Million |
+2.40% |
| 2019-06-30 | RM564.43 Million ≈ $141.71 Million |
+3.46% |
| 2018-06-30 | RM545.57 Million ≈ $136.97 Million |
-2.65% |
| 2017-06-30 | RM560.45 Million ≈ $140.71 Million |
+15.60% |
| 2016-06-30 | RM484.81 Million ≈ $121.72 Million |
+18.25% |
| 2015-06-30 | RM410.00 Million ≈ $102.94 Million |
+33.55% |
| 2014-06-30 | RM307.00 Million ≈ $77.08 Million |
+11.23% |
| 2013-06-30 | RM276.00 Million ≈ $69.29 Million |
+12.20% |
| 2012-06-30 | RM246.00 Million ≈ $61.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Latitude Tree Holdings 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 47.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM486.12 Million | 73.90% |
| Other Components | RM171.72 Million | 26.10% |
| Total Equity | RM657.84 Million | 100.00% |
Latitude Tree Holdings Bhd Competitors by Market Cap
The table below lists competitors of Latitude Tree Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Luxury Real Estate Investment Fund
BK:LUXF
|
$52.06 Million |
|
Fluence Corporation Limited
F:4SVE
|
$52.06 Million |
|
Ozerden Plastik Sanayi
IS:OZRDN
|
$52.09 Million |
|
Societe de Tayninh SA
PA:TAYN
|
$52.09 Million |
|
Leader Electronics Inc
TW:3058
|
$52.02 Million |
|
Sanica Isi Sanayi A.S.
IS:SNICA
|
$52.01 Million |
|
New Century Logistics (BVI) Limited Ordinary Shares
NASDAQ:NCEW
|
$52.00 Million |
|
Computacenter PLC
LSE:CCC
|
$51.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Latitude Tree Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 695,734,000 to 657,844,000, a change of -37,890,000 (-5.4%).
- Net income of 10,980,000 contributed positively to equity growth.
- Dividend payments of 11,735,000 reduced retained earnings.
- Share repurchases of 431,000 reduced equity.
- Other factors decreased equity by 36,704,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM10.98 Million | +1.67% |
| Dividends Paid | RM11.73 Million | -1.78% |
| Share Repurchases | RM431.00K | -0.07% |
| Other Changes | RM-36.70 Million | -5.58% |
| Total Change | RM- | -5.45% |
Book Value vs Market Value Analysis
This analysis compares Latitude Tree Holdings 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: 0.31x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | RM2.83 | RM1.06 | x |
| 2018-06-30 | RM2.76 | RM1.06 | x |
| 2019-06-30 | RM2.85 | RM1.06 | x |
| 2020-06-30 | RM2.97 | RM1.06 | x |
| 2021-06-30 | RM3.14 | RM1.06 | x |
| 2022-06-30 | RM3.37 | RM1.06 | x |
| 2023-06-30 | RM3.53 | RM1.06 | x |
| 2024-06-30 | RM3.57 | RM1.06 | x |
| 2025-06-30 | RM3.37 | RM1.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Latitude Tree Holdings 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): 1.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.13%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.16x
- Recent ROE (1.67%) is below the historical average (5.69%), 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 | 15.00% | 9.44% | 1.16x | 1.37x | RM24.24 Million |
| 2017 | 12.32% | 8.79% | 1.02x | 1.37x | RM13.02 Million |
| 2018 | 2.21% | 1.60% | 1.00x | 1.38x | RM-42.48 Million |
| 2019 | 3.43% | 2.65% | 0.92x | 1.40x | RM-37.09 Million |
| 2020 | 2.90% | 2.45% | 0.86x | 1.38x | RM-41.01 Million |
| 2021 | 8.81% | 5.90% | 1.02x | 1.46x | RM-7.23 Million |
| 2022 | 5.42% | 4.70% | 0.80x | 1.45x | RM-30.00 Million |
| 2023 | 3.29% | 3.48% | 0.80x | 1.18x | RM-46.01 Million |
| 2024 | 1.79% | 2.39% | 0.64x | 1.17x | RM-57.12 Million |
| 2025 | 1.67% | 2.13% | 0.68x | 1.16x | RM-54.80 Million |
Industry Comparison
This section compares Latitude Tree Holdings Bhd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $239,056,312
- Average return on equity (ROE) among peers: 21.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Latitude Tree Holdings Bhd (7006) | RM664.85 Million | 15.00% | 0.21x | $52.03 Million |
| Wegmans Holdings Berhad (0197) | $24.49 Million | 62.47% | 1.55x | $12.32 Million |
| Spring Art Holdings Bhd (0216) | $77.63 Million | 7.43% | 0.28x | $12.52 Million |
| Mobilia Holdings Bhd (0229) | $32.23 Million | 26.85% | 1.30x | $15.64 Million |
| Ecomate Holdings Bhd (0239) | $43.19 Million | 3.49% | 0.59x | $152.81 Million |
| Synergy House Berhad (0279) | $20.19 Million | 59.96% | 3.30x | $24.48 Million |
| Topmix Berhad (0302) | $30.10 Million | 28.33% | 1.00x | $46.97 Million |
| FACB Industries Incorporated (2984) | $215.81 Million | -1.29% | 0.10x | $35.38 Million |
| Panasonic Manufacture Malaysia (3719) | $776.99 Million | 5.94% | 0.15x | $110.72 Million |
| Evergreen Fibreboard Bhd (5101) | $1.04 Billion | 3.31% | 0.37x | $27.57 Million |
| Homeritz Corporation Bhd (5160) | $132.44 Million | 23.32% | 0.14x | $45.50 Million |
About Latitude Tree Holdings Bhd
Rhong Khen International Berhad, an investment holding company, manufactures and sells wooden household furniture and components in Malaysia, Vietnam, and Thailand. The company provides bedroom collection sets, including beds, nightstands, chests, armoires, and wardrobes; dining room collection sets comprising tables, chairs, buffets, hutches, curios, sideboards, and servers; and living room coll… Read more