Lii Hen Industries Bhd
Lii Hen Industries Bhd, an investment holding company, manufactures and sells furniture in North America, Asia, Oceania, Africa, and Europe. The company operates through Furniture Manufacturing, Plantation, and Other segments. It provides office and residential furniture, as well as furniture components and processed wood works to furniture importers, wholesalers, and retailers. In addition, the … Read more
Lii Hen Industries Bhd (7089) - Net Assets
Latest net assets as of September 2025: RM524.53 Million MYR
Based on the latest financial reports, Lii Hen Industries Bhd (7089) has net assets worth RM524.53 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 (RM629.23 Million) and total liabilities (RM104.70 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 | RM524.53 Million |
| % of Total Assets | 83.36% |
| Annual Growth Rate | 12.16% |
| 5-Year Change | 28.03% |
| 10-Year Change | 132.71% |
| Growth Volatility | 7.43 |
Lii Hen Industries Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Lii Hen Industries 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 Lii Hen Industries Bhd (2012–2024)
The table below shows the annual net assets of Lii Hen Industries Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM535.24 Million | -0.85% |
| 2023-12-31 | RM539.83 Million | +10.57% |
| 2022-12-31 | RM488.21 Million | +10.83% |
| 2021-12-31 | RM440.51 Million | +5.37% |
| 2020-12-31 | RM418.05 Million | +11.25% |
| 2019-12-31 | RM375.77 Million | +15.27% |
| 2018-12-31 | RM325.99 Million | +12.89% |
| 2017-12-31 | RM288.77 Million | +9.37% |
| 2016-12-31 | RM264.02 Million | +14.79% |
| 2015-12-31 | RM230.00 Million | +21.05% |
| 2014-12-31 | RM190.00 Million | +30.14% |
| 2013-12-31 | RM146.00 Million | +8.15% |
| 2012-12-31 | RM135.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lii Hen Industries 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 242.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM380.61 Million | 71.11% |
| Common Stock | RM90.00 Million | 16.81% |
| Other Components | RM64.63 Million | 12.07% |
| Total Equity | RM535.24 Million | 100.00% |
Lii Hen Industries Bhd Competitors by Market Cap
The table below lists competitors of Lii Hen Industries Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MorphoSys AG
PINK:MPSYF
|
$16.92 Million |
|
PROLOGUE S.A.INH.B EO-30
F:69P
|
$16.92 Million |
|
Peninsula Land Limited
NSE:PENINLAND
|
$16.93 Million |
|
Uno&Company.Ltd
KQ:114630
|
$16.93 Million |
|
VULCAN MINLS
F:VM3
|
$16.91 Million |
|
Winston Medical Supply Co., Ltd.
TWO:6817
|
$16.91 Million |
|
Circio Holding ASA
OL:CRNA
|
$16.90 Million |
|
Ai-Media Technologies Ltd
AU:AIM
|
$16.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lii Hen Industries Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 539,829,020 to 535,238,380, a change of -4,590,640 (-0.9%).
- Net income of 17,009,360 contributed positively to equity growth.
- Dividend payments of 21,600,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM17.01 Million | +3.18% |
| Dividends Paid | RM21.60 Million | -4.04% |
| Total Change | RM- | -0.85% |
Book Value vs Market Value Analysis
This analysis compares Lii Hen Industries 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.
- The price-to-book ratio has decreased from 0.63x to 0.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.49 | RM0.31 | x |
| 2017-12-31 | RM0.53 | RM0.31 | x |
| 2018-12-31 | RM0.60 | RM0.31 | x |
| 2019-12-31 | RM0.70 | RM0.31 | x |
| 2020-12-31 | RM0.77 | RM0.31 | x |
| 2021-12-31 | RM0.82 | RM0.31 | x |
| 2022-12-31 | RM0.90 | RM0.31 | x |
| 2023-12-31 | RM1.00 | RM0.31 | x |
| 2024-12-31 | RM0.99 | RM0.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lii Hen Industries 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): 3.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.66%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.26x
- Recent ROE (3.18%) is below the historical average (17.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 25.19% | 10.60% | 1.61x | 1.47x | RM34.98 Million |
| 2016 | 27.75% | 11.75% | 1.61x | 1.47x | RM46.87 Million |
| 2017 | 24.78% | 9.97% | 1.70x | 1.46x | RM42.67 Million |
| 2018 | 17.54% | 7.13% | 1.76x | 1.40x | RM24.56 Million |
| 2019 | 20.99% | 9.43% | 1.58x | 1.41x | RM41.30 Million |
| 2020 | 18.29% | 8.21% | 1.54x | 1.45x | RM34.67 Million |
| 2021 | 8.57% | 5.04% | 1.24x | 1.37x | RM-6.28 Million |
| 2022 | 15.32% | 10.23% | 1.17x | 1.28x | RM25.98 Million |
| 2023 | 10.96% | 8.84% | 0.95x | 1.30x | RM5.17 Million |
| 2024 | 3.18% | 2.66% | 0.95x | 1.26x | RM-36.51 Million |
Industry Comparison
This section compares Lii Hen Industries 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: $251,295,611
- Average return on equity (ROE) among peers: 26.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lii Hen Industries Bhd (7089) | RM524.53 Million | 25.19% | 0.20x | $16.92 Million |
| Wegmans Holdings Berhad (0197) | $84.66 Million | 10.34% | 0.79x | $1.67 Million |
| Spring Art Holdings Bhd (0216) | $17.28 Million | 41.64% | 0.47x | $2.84 Million |
| Mobilia Holdings Bhd (0229) | $19.91 Million | 31.45% | 0.86x | $2.54 Million |
| Ecomate Holdings Bhd (0239) | $8.47 Million | 68.80% | 2.27x | $11.83 Million |
| Synergy House Berhad (0279) | $20.19 Million | 59.96% | 3.30x | $4.11 Million |
| Topmix Berhad (0302) | $21.57 Million | 20.48% | 1.42x | $8.62 Million |
| Sorento Capital Berhad (0326) | $143.13 Million | 18.33% | 0.37x | $1.31K |
| FACB Industries Incorporated (2984) | $226.23 Million | 0.98% | 0.10x | $7.48 Million |
| Panasonic Manufacture Malaysia (3719) | $836.84 Million | 12.64% | 0.21x | $43.67 Million |
| Evergreen Fibreboard Bhd (5101) | $1.13 Billion | -3.70% | 0.39x | $9.96 Million |