HUBLine Bhd
Hubline Berhad, an investment holding company, provides dry bulk shipping logistics services in the Southeast Asian region. It operates in two segments: Shipping and Related Activities, and Aviation and Related Activities. The company offers cargo services for coal, gypsum, palm kernel shells, feldspar, scrap metals, and sand, as well as flying academy and general aviation services. It also owns … Read more
HUBLine Bhd (7013) - Net Assets
Latest net assets as of September 2025: RM159.57 Million MYR
Based on the latest financial reports, HUBLine Bhd (7013) has net assets worth RM159.57 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 (RM387.07 Million) and total liabilities (RM227.50 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 | RM159.57 Million |
| % of Total Assets | 41.23% |
| Annual Growth Rate | -9.11% |
| 5-Year Change | -0.13% |
| 10-Year Change | 179.39% |
| Growth Volatility | 40.33 |
HUBLine Bhd - Net Assets Trend (2012–2025)
This chart illustrates how HUBLine 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 HUBLine Bhd (2012–2025)
The table below shows the annual net assets of HUBLine Bhd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RM159.57 Million | -10.01% |
| 2024-09-30 | RM177.33 Million | -8.67% |
| 2023-09-30 | RM194.15 Million | +14.84% |
| 2022-09-30 | RM169.06 Million | +5.81% |
| 2021-09-30 | RM159.77 Million | +25.78% |
| 2020-09-30 | RM127.03 Million | -32.34% |
| 2019-09-30 | RM187.75 Million | +40.42% |
| 2018-09-30 | RM133.71 Million | +79.82% |
| 2017-09-30 | RM74.36 Million | +30.19% |
| 2016-09-30 | RM57.11 Million | +42.79% |
| 2015-09-30 | RM40.00 Million | -90.87% |
| 2014-09-30 | RM438.00 Million | +1.15% |
| 2013-09-30 | RM433.00 Million | -21.56% |
| 2012-09-30 | RM552.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HUBLine 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 949755000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM238.30 Million | 149.34% |
| Total Equity | RM159.57 Million | 100.00% |
HUBLine Bhd Competitors by Market Cap
The table below lists competitors of HUBLine Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daekyo Co Ltd
KO:019685
|
$15.16 Million |
|
ORIGIN MATER. A DL-0001
F:5ER
|
$15.17 Million |
|
Cagdas Cam Sanayi ve Ticaret A.S.
IS:CGCAM
|
$15.17 Million |
|
Creas F&C Co.Ltd
KQ:110790
|
$15.18 Million |
|
Samwon Steel
KO:023000
|
$15.16 Million |
|
Eurobattery Minerals AB
F:EBM
|
$15.15 Million |
|
Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS
IS:IHEVA
|
$15.15 Million |
|
National Capital Bank of Washington
PINK:NACB
|
$15.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HUBLine Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 177,327,060 to 159,570,780, a change of -17,756,280 (-10.0%).
- Net loss of 18,741,510 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-18.74 Million | -11.74% |
| Other Changes | RM985.23K | +0.62% |
| Total Change | RM- | -10.01% |
Book Value vs Market Value Analysis
This analysis compares HUBLine 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: 1.08x
- 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 0.43x to 1.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-09-30 | RM0.09 | RM0.04 | x |
| 2017-09-30 | RM0.06 | RM0.04 | x |
| 2018-09-30 | RM0.06 | RM0.04 | x |
| 2019-09-30 | RM0.05 | RM0.04 | x |
| 2020-09-30 | RM0.03 | RM0.04 | x |
| 2021-09-30 | RM0.04 | RM0.04 | x |
| 2022-09-30 | RM0.04 | RM0.04 | x |
| 2023-09-30 | RM0.04 | RM0.04 | x |
| 2024-09-30 | RM0.04 | RM0.04 | x |
| 2025-09-30 | RM0.04 | RM0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HUBLine 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): -11.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.10%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 2.43x
- Recent ROE (-11.74%) is above the historical average (-23.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -159.45% | -104.84% | 0.33x | 4.61x | RM-96.78 Million |
| 2017 | -26.40% | -20.87% | 0.37x | 3.44x | RM-27.07 Million |
| 2018 | -3.39% | -4.44% | 0.38x | 1.98x | RM-17.90 Million |
| 2019 | -0.34% | -0.52% | 0.37x | 1.77x | RM-19.42 Million |
| 2020 | -50.93% | -47.84% | 0.43x | 2.50x | RM-77.41 Million |
| 2021 | 10.45% | 10.92% | 0.49x | 1.94x | RM725.02K |
| 2022 | 7.01% | 5.19% | 0.67x | 2.03x | RM-5.05 Million |
| 2023 | 2.37% | 1.81% | 0.60x | 2.19x | RM-13.64 Million |
| 2024 | 1.82% | 1.55% | 0.59x | 2.01x | RM-14.51 Million |
| 2025 | -11.74% | -11.10% | 0.44x | 2.43x | RM-34.70 Million |
Industry Comparison
This section compares HUBLine Bhd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $2,636,635,896
- Average return on equity (ROE) among peers: -92.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HUBLine Bhd (7013) | RM159.57 Million | -159.45% | 1.43x | $15.16 Million |
| MISC Bhd (3816) | $18.44 Billion | 15.31% | 0.50x | $3.72 Billion |
| Bintulu Port Holdings Bhd (5032) | $1.69 Billion | 21.49% | 0.87x | $134.22 Million |
| Malaysian Bulk Carriers Bhd (5077) | $487.05 Million | 19.13% | 0.31x | $26.44 Million |
| Sealink International Bhd (5145) | $216.54 Million | -1.76% | 0.51x | $14.21 Million |
| Shin Yang Shipping Corporation Bhd (5173) | $1.16 Billion | 0.46% | 0.55x | $25.55 Million |
| EA Technique M Bhd (5259) | $17.46 Million | -862.63% | 31.10x | $18.76 Million |
| PDZ Holdings Bhd (6254) | $53.87 Million | -21.97% | 0.17x | $1.86 Million |
| Suria Capital Holdings Bhd (6521) | $1.11 Billion | 2.98% | 0.24x | $40.92 Million |
| Perak Corporation Bhd (8346) | $561.21 Million | -2.78% | 1.11x | $2.36 Million |