HUBLine Bhd (7013) - Net Assets
Based on the latest financial reports, HUBLine Bhd (7013) has net assets worth RM158.81 Million MYR (≈ $39.87 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM377.03 Million ≈ $94.66 Million USD) and total liabilities (RM218.22 Million ≈ $54.79 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 HUBLine Bhd asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM158.81 Million |
| % of Total Assets | 42.12% |
| 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. Check 7013 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for HUBLine Bhd (2012–2025)
The table below shows the annual net assets of HUBLine Bhd from 2012 to 2025. For live valuation and market cap data, see HUBLine Bhd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RM159.57 Million ≈ $40.06 Million |
-10.01% |
| 2024-09-30 | RM177.33 Million ≈ $44.52 Million |
-8.67% |
| 2023-09-30 | RM194.15 Million ≈ $48.75 Million |
+14.84% |
| 2022-09-30 | RM169.06 Million ≈ $42.44 Million |
+5.81% |
| 2021-09-30 | RM159.77 Million ≈ $40.11 Million |
+25.78% |
| 2020-09-30 | RM127.03 Million ≈ $31.89 Million |
-32.34% |
| 2019-09-30 | RM187.75 Million ≈ $47.14 Million |
+40.42% |
| 2018-09-30 | RM133.71 Million ≈ $33.57 Million |
+79.82% |
| 2017-09-30 | RM74.36 Million ≈ $18.67 Million |
+30.19% |
| 2016-09-30 | RM57.11 Million ≈ $14.34 Million |
+42.79% |
| 2015-09-30 | RM40.00 Million ≈ $10.04 Million |
-90.87% |
| 2014-09-30 | RM438.00 Million ≈ $109.97 Million |
+1.15% |
| 2013-09-30 | RM433.00 Million ≈ $108.71 Million |
-21.56% |
| 2012-09-30 | RM552.00 Million ≈ $138.59 Million |
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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 |
|---|---|
|
INFOMARK Co. Ltd
KQ:175140
|
$37.70 Million |
|
Vardhman Acrylics Limited
NSE:VARDHACRLC
|
$37.70 Million |
|
Oricom Inc
KQ:010470
|
$37.70 Million |
|
Zenith Energy Ltd
OL:ZENA
|
$37.71 Million |
|
GiG Software PLC
ST:GIG-SDB
|
$37.69 Million |
|
JNK Heaters Co. Ltd
KQ:126880
|
$37.69 Million |
|
WPP PLC
LSE:WPP
|
$37.68 Million |
|
NuriFlex Co.Ltd
KQ:040160
|
$37.67 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: 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 0.38x 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 |
|---|---|---|---|
| 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: $5,360,725,777
- Average return on equity (ROE) among peers: 0.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HUBLine Bhd (7013) | RM158.81 Million | -159.45% | 1.37x | $37.69 Million |
| MISC Bhd (3816) | $39.97 Billion | 5.31% | 0.63x | $8.92 Billion |
| Bintulu Port Holdings Bhd (5032) | $1.21 Billion | 12.70% | 1.57x | $642.13 Million |
| Malaysian Bulk Carriers Bhd (5077) | $525.78 Million | -25.67% | 1.30x | $78.17 Million |
| Sealink International Bhd (5145) | $330.20 Million | -11.11% | 0.53x | $40.17 Million |
| Shin Yang Shipping Corporation Bhd (5173) | $1.17 Billion | 2.01% | 0.46x | $221.44 Million |
| Westports Holdings Bhd (5246) | $3.82 Billion | 23.52% | 1.04x | $5.61 Billion |
| EA Technique M Bhd (5259) | $226.89 Million | 32.72% | 2.79x | $99.89 Million |
| PDZ Holdings Bhd (6254) | $20.59 Million | -45.58% | 0.55x | $3.69 Million |
| Suria Capital Holdings Bhd (6521) | $971.00 Million | 12.98% | 0.37x | $106.79 Million |
About 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