XL Holdings Bhd
XL Holdings Berhad, an investment holding company, engages in the breeding and rearing of fishery livestock in Malaysia and internationally. It operates through Fish Farming, Merchandise, Foods, Growing Crop, and Other segments. The company provides the retailing of aquarium and accessories, and fish feed and medications; trading of fishes, consumables and aquarium accessories, seaweed, pineapple… Read more
XL Holdings Bhd (7121) - Net Assets
Latest net assets as of October 2025: RM209.46 Million MYR
Based on the latest financial reports, XL Holdings Bhd (7121) has net assets worth RM209.46 Million MYR as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM215.77 Million) and total liabilities (RM6.31 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 | RM209.46 Million |
| % of Total Assets | 97.08% |
| Annual Growth Rate | 12.69% |
| 5-Year Change | 335.01% |
| 10-Year Change | 328.27% |
| Growth Volatility | 28.08 |
XL Holdings Bhd - Net Assets Trend (2013–2025)
This chart illustrates how XL Holdings 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 XL Holdings Bhd (2013–2025)
The table below shows the annual net assets of XL Holdings Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | RM205.57 Million | +13.02% |
| 2024-01-31 | RM181.88 Million | +25.56% |
| 2023-01-31 | RM144.86 Million | +72.40% |
| 2022-01-31 | RM84.02 Million | +77.80% |
| 2021-01-31 | RM47.26 Million | +1.00% |
| 2020-01-31 | RM46.79 Million | -1.83% |
| 2019-01-31 | RM47.66 Million | -1.83% |
| 2018-01-31 | RM48.55 Million | +10.48% |
| 2017-01-31 | RM43.94 Million | -8.46% |
| 2016-01-31 | RM48.00 Million | +2.13% |
| 2015-01-31 | RM47.00 Million | +2.17% |
| 2014-01-31 | RM46.00 Million | -6.12% |
| 2013-01-31 | RM49.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to XL 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 1938449000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM211.46 Million | 102.87% |
| Total Equity | RM205.57 Million | 100.00% |
XL Holdings Bhd Competitors by Market Cap
The table below lists competitors of XL Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GOLDPAC GROUP LTD
F:G9D
|
$25.86 Million |
|
PT Indo Boga Sukses Tbk
JK:IBOS
|
$25.86 Million |
|
BG T&A Co
KQ:046310
|
$25.86 Million |
|
Alldigi Tech Limited
NSE:ALLDIGI
|
$25.87 Million |
|
Omda AS
OL:OMDA
|
$25.84 Million |
|
Superkrane Mitra Utama Tbk PT
JK:SKRN
|
$25.84 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
$25.82 Million |
|
Dae Hyun
KO:016090
|
$25.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XL Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 182,372,059 to 205,569,340, a change of 23,197,281 (12.7%).
- Net income of 9,840,410 contributed positively to equity growth.
- Share repurchases of 8,839,630 reduced equity.
- New share issuances of 10,932,000 increased equity.
- Other factors increased equity by 11,264,501.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM9.84 Million | +4.79% |
| Share Repurchases | RM8.84 Million | -4.3% |
| Share Issuances | RM10.93 Million | +5.32% |
| Other Changes | RM11.26 Million | +5.48% |
| Total Change | RM- | 12.72% |
Book Value vs Market Value Analysis
This analysis compares XL 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: 1.47x
- 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 1.13x to 1.47x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-01-31 | RM0.61 | RM0.69 | x |
| 2018-01-31 | RM0.61 | RM0.69 | x |
| 2019-01-31 | RM0.60 | RM0.69 | x |
| 2020-01-31 | RM0.59 | RM0.69 | x |
| 2021-01-31 | RM0.59 | RM0.69 | x |
| 2022-01-31 | RM0.60 | RM0.69 | x |
| 2023-01-31 | RM0.61 | RM0.69 | x |
| 2024-01-31 | RM0.64 | RM0.69 | x |
| 2025-01-31 | RM0.46 | RM0.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XL 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): 4.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.02%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.03x
- Recent ROE (4.79%) is above the historical average (0.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.09% | 7.69% | 0.27x | 1.02x | RM-3.78 Million |
| 2017 | -8.82% | -35.46% | 0.24x | 1.04x | RM-8.27 Million |
| 2018 | 0.41% | 1.52% | 0.26x | 1.03x | RM-4.65 Million |
| 2019 | -1.86% | -6.84% | 0.27x | 1.02x | RM-5.65 Million |
| 2020 | -1.69% | -5.61% | 0.29x | 1.03x | RM-5.47 Million |
| 2021 | 0.99% | 1.68% | 0.57x | 1.04x | RM-4.26 Million |
| 2022 | 0.14% | 0.14% | 0.80x | 1.25x | RM-8.29 Million |
| 2023 | 3.81% | 6.53% | 0.54x | 1.07x | RM-8.97 Million |
| 2024 | 4.01% | 10.36% | 0.37x | 1.04x | RM-10.93 Million |
| 2025 | 4.79% | 9.02% | 0.51x | 1.03x | RM-10.72 Million |
Industry Comparison
This section compares XL Holdings Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $444,702,596
- Average return on equity (ROE) among peers: 1.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XL Holdings Bhd (7121) | RM209.46 Million | 2.09% | 0.03x | $25.85 Million |
| Green Ocean Corporation Bhd (0074) | $21.99 Million | 8.76% | 1.57x | $2.27 Million |
| MAG Holdings Berhad (0095) | $473.76 Million | -1.41% | 0.15x | $29.82 Million |
| Greenyield Bhd (0136) | $54.42 Million | -0.73% | 0.43x | $3.29 Million |
| Heng Huat Resources Group Bhd (0175) | $231.51 Million | 3.70% | 0.31x | $7.31 Million |
| Matang Bhd (0189) | $248.32 Million | 2.40% | 0.03x | $17.51 Million |
| Pinehill Pacific Bhd (1902) | $184.30 Million | -6.00% | -0.03x | $6.70 Million |
| Chin Teck Plantations Bhd (1929) | $651.35 Million | 10.97% | 0.05x | $63.45 Million |
| Kretam Holdings Bhd (1996) | $607.72 Million | -6.37% | 0.35x | $46.24 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $545.52 Million | -0.47% | 0.35x | $25.62 Million |
| TDM Berhad (2054) | $1.43 Billion | 1.62% | 0.87x | $25.63 Million |