Classic Scenic Bhd (7202) - Net Assets
Based on the latest financial reports, Classic Scenic Bhd (7202) has net assets worth RM206.50 Million MYR (≈ $51.84 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 (RM247.49 Million ≈ $62.14 Million USD) and total liabilities (RM40.99 Million ≈ $10.29 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 Classic Scenic Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM206.50 Million |
| % of Total Assets | 83.44% |
| Annual Growth Rate | 6.49% |
| 5-Year Change | 124.59% |
| 10-Year Change | 112.63% |
| Growth Volatility | 16.89 |
Classic Scenic Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Classic Scenic Bhd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Classic Scenic Bhd for the complete picture of this company's asset base.
Annual Net Assets for Classic Scenic Bhd (2012–2024)
The table below shows the annual net assets of Classic Scenic Bhd from 2012 to 2024. For live valuation and market cap data, see 7202 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM208.38 Million ≈ $52.32 Million |
+37.63% |
| 2023-12-31 | RM151.41 Million ≈ $38.01 Million |
-5.86% |
| 2022-12-31 | RM160.83 Million ≈ $40.38 Million |
+16.62% |
| 2021-12-31 | RM137.90 Million ≈ $34.62 Million |
+48.63% |
| 2020-12-31 | RM92.78 Million ≈ $23.29 Million |
+0.38% |
| 2019-12-31 | RM92.43 Million ≈ $23.21 Million |
-2.31% |
| 2018-12-31 | RM94.61 Million ≈ $23.75 Million |
-1.86% |
| 2017-12-31 | RM96.41 Million ≈ $24.20 Million |
+0.25% |
| 2016-12-31 | RM96.17 Million ≈ $24.14 Million |
-1.87% |
| 2015-12-31 | RM98.00 Million ≈ $24.60 Million |
+3.16% |
| 2014-12-31 | RM95.00 Million ≈ $23.85 Million |
0.00% |
| 2013-12-31 | RM95.00 Million ≈ $23.85 Million |
-3.06% |
| 2012-12-31 | RM98.00 Million ≈ $24.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Classic Scenic 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 26.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM46.62 Million | 22.33% |
| Other Components | RM162.16 Million | 77.67% |
| Total Equity | RM208.78 Million | 100.00% |
Classic Scenic Bhd Competitors by Market Cap
The table below lists competitors of Classic Scenic Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shuang-Bang Industrial
TWO:6506
|
$49.95 Million |
|
Baolong International Co Ltd
TW:1906
|
$49.95 Million |
|
Land and Houses Freehold and Leasehold Property Fund
BK:LHPF
|
$49.99 Million |
|
Boom Logistics Ltd
AU:BOL
|
$49.99 Million |
|
Broad Capital Acquisition Corp Unit
NASDAQ:BRACU
|
$49.95 Million |
|
Idex ASA
OL:IDEX
|
$49.94 Million |
|
Unimech Group Bhd
KLSE:7091
|
$49.93 Million |
|
Rushil Decor Limited
NSE:RUSHIL
|
$49.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Classic Scenic Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 151,455,000 to 208,777,000, a change of 57,322,000 (37.8%).
- Net income of 1,561,000 contributed positively to equity growth.
- New share issuances of 55,488,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.56 Million | +0.75% |
| Share Issuances | RM55.49 Million | +26.58% |
| Other Changes | RM273.00K | +0.13% |
| Total Change | RM- | 37.85% |
Book Value vs Market Value Analysis
This analysis compares Classic Scenic 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: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.40 | RM0.43 | x |
| 2017-12-31 | RM0.40 | RM0.43 | x |
| 2018-12-31 | RM0.39 | RM0.43 | x |
| 2019-12-31 | RM0.38 | RM0.43 | x |
| 2020-12-31 | RM0.26 | RM0.43 | x |
| 2021-12-31 | RM0.38 | RM0.43 | x |
| 2022-12-31 | RM0.43 | RM0.43 | x |
| 2023-12-31 | RM0.40 | RM0.43 | x |
| 2024-12-31 | RM0.42 | RM0.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Classic Scenic 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): 0.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.71%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.13x
- Recent ROE (0.75%) is below the historical average (7.71%), 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 | 11.30% | 20.37% | 0.51x | 1.08x | RM1.27 Million |
| 2016 | 13.81% | 23.16% | 0.55x | 1.08x | RM3.67 Million |
| 2017 | 12.75% | 21.43% | 0.56x | 1.06x | RM2.65 Million |
| 2018 | 7.64% | 11.50% | 0.62x | 1.07x | RM-2.23 Million |
| 2019 | 6.77% | 11.15% | 0.57x | 1.06x | RM-2.99 Million |
| 2020 | 6.87% | 13.77% | 0.45x | 1.11x | RM-2.91 Million |
| 2021 | 4.65% | 13.14% | 0.32x | 1.09x | RM-7.38 Million |
| 2022 | 11.81% | 24.09% | 0.45x | 1.09x | RM2.91 Million |
| 2023 | 0.77% | 2.61% | 0.27x | 1.08x | RM-13.98 Million |
| 2024 | 0.75% | 2.71% | 0.24x | 1.13x | RM-19.32 Million |
Industry Comparison
This section compares Classic Scenic Bhd's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $229,440,636
- Average return on equity (ROE) among peers: -4.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Classic Scenic Bhd (7202) | RM206.50 Million | 11.30% | 0.20x | $49.95 Million |
| Kanger International Bhd (0170) | $122.40 Million | 5.96% | 0.50x | $6.98 Million |
| Mieco Chipboard Bhd (5001) | $340.54 Million | 0.48% | 1.07x | $163.19 Million |
| NWP Holdings Bhd (5025) | $25.30 Million | -30.52% | 0.97x | $21.58 Million |
| Annum Bhd (5082) | $78.00 Million | -2.56% | 0.28x | $285.59K |
| HeveaBoard Bhd (5095) | $415.26 Million | -0.90% | 0.21x | $19.18 Million |
| Focus Lumber Bhd (5197) | $172.02 Million | -4.06% | 0.05x | $11.52 Million |
| Minho M Bhd (5576) | $374.87 Million | 0.83% | 0.32x | $22.39 Million |
| Golden Pharos Bhd (5649) | $73.00 Million | -4.11% | 0.73x | $9.01 Million |
| Subur Tiasa Holdings Bhd (6904) | $655.00 Million | 5.19% | 0.44x | $33.12 Million |
| Woodlandor Holdings Bhd (7025) | $38.03 Million | -17.11% | 0.28x | $6.13 Million |
About Classic Scenic Bhd
Hextar Retail Berhad, an investment holding company, engages in the manufacture and sale of wooden picture frame moldings in North America, Australia, Malaysia, and internationally. It operates through Wooden Picture Frame Mouldings, and Retail segments. The company also engages in the manufacture and sale of various timber products; and property holding and rental activities, as well as operates… Read more