Kawan Food Bhd (7216) - Net Assets
Based on the latest financial reports, Kawan Food Bhd (7216) has net assets worth RM380.15 Million MYR (≈ $95.44 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM432.44 Million ≈ $108.57 Million USD) and total liabilities (RM52.29 Million ≈ $13.13 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 balance sheet size of Kawan Food Bhd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM380.15 Million |
| % of Total Assets | 87.91% |
| Annual Growth Rate | 9.43% |
| 5-Year Change | 4.05% |
| 10-Year Change | 31.75% |
| Growth Volatility | 13.32 |
Kawan Food Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Kawan Food Bhd's net assets have evolved over time, based on quarterly financial data. Check 7216 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Kawan Food Bhd (2012–2025)
The table below shows the annual net assets of Kawan Food Bhd from 2012 to 2025. For live valuation and market cap data, see Kawan Food Bhd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM383.95 Million ≈ $96.40 Million |
-1.46% |
| 2024-12-31 | RM389.65 Million ≈ $97.83 Million |
-0.89% |
| 2023-12-31 | RM393.17 Million ≈ $98.71 Million |
-0.93% |
| 2022-12-31 | RM396.87 Million ≈ $99.64 Million |
+7.55% |
| 2021-12-31 | RM369.00 Million ≈ $92.64 Million |
+6.75% |
| 2020-12-31 | RM345.67 Million ≈ $86.79 Million |
-7.51% |
| 2019-12-31 | RM373.72 Million ≈ $93.83 Million |
+16.26% |
| 2018-12-31 | RM321.46 Million ≈ $80.71 Million |
+4.10% |
| 2017-12-31 | RM308.80 Million ≈ $77.53 Million |
+5.96% |
| 2016-12-31 | RM291.43 Million ≈ $73.17 Million |
+34.30% |
| 2015-12-31 | RM217.00 Million ≈ $54.48 Million |
+40.00% |
| 2014-12-31 | RM155.00 Million ≈ $38.92 Million |
+13.97% |
| 2013-12-31 | RM136.00 Million ≈ $34.15 Million |
+14.29% |
| 2012-12-31 | RM119.00 Million ≈ $29.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kawan Food 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 165.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM227.86 Million | 59.37% |
| Common Stock | RM187.53 Million | 48.86% |
| Total Equity | RM383.80 Million | 100.00% |
Kawan Food Bhd Competitors by Market Cap
The table below lists competitors of Kawan Food Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SG Co. Ltd
KQ:255220
|
$70.91 Million |
|
PolyPid
NASDAQ:PYPD
|
$71.00 Million |
|
High Co. SA
PA:HCO
|
$71.00 Million |
|
RoyalTek Co Ltd
TWO:3306
|
$71.03 Million |
|
Asia Pacific Satellite Inc
KQ:211270
|
$70.90 Million |
|
Sempio Foods Co
KO:248170
|
$70.87 Million |
|
North European Oil Royalty Trust
NYSE:NRT
|
$70.86 Million |
|
Jeil Pharm
KO:002620
|
$70.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kawan Food Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 389,653,000 to 383,800,000, a change of -5,853,000 (-1.5%).
- Net income of 8,847,000 contributed positively to equity growth.
- Dividend payments of 10,198,000 reduced retained earnings.
- Share repurchases of 4,891,000 reduced equity.
- Other comprehensive income decreased equity by 11,290,656.
- Other factors increased equity by 11,679,656.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM8.85 Million | +2.31% |
| Dividends Paid | RM10.20 Million | -2.66% |
| Share Repurchases | RM4.89 Million | -1.27% |
| Other Comprehensive Income | RM-11.29 Million | -2.94% |
| Other Changes | RM11.68 Million | +3.04% |
| Total Change | RM- | -1.50% |
Book Value vs Market Value Analysis
This analysis compares Kawan Food 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: 0.82x
- 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 1.03x to 0.82x 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 | RM0.81 | RM0.84 | x |
| 2017-12-31 | RM0.86 | RM0.84 | x |
| 2018-12-31 | RM0.89 | RM0.84 | x |
| 2019-12-31 | RM0.90 | RM0.84 | x |
| 2020-12-31 | RM0.96 | RM0.84 | x |
| 2021-12-31 | RM1.02 | RM0.84 | x |
| 2022-12-31 | RM1.10 | RM0.84 | x |
| 2023-12-31 | RM1.09 | RM0.84 | x |
| 2024-12-31 | RM1.06 | RM0.84 | x |
| 2025-12-31 | RM1.02 | RM0.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kawan Food 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): 2.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.49%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.14x
- Recent ROE (2.31%) is below the historical average (8.26%), 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 | 14.76% | 19.28% | 0.61x | 1.26x | RM10.32 Million |
| 2016 | 11.32% | 17.64% | 0.53x | 1.21x | RM3.84 Million |
| 2017 | 9.43% | 14.83% | 0.53x | 1.19x | RM-1.77 Million |
| 2018 | 7.09% | 11.40% | 0.53x | 1.17x | RM-9.34 Million |
| 2019 | 3.76% | 5.69% | 0.56x | 1.18x | RM-20.20 Million |
| 2020 | 8.12% | 11.00% | 0.61x | 1.21x | RM-6.48 Million |
| 2021 | 8.63% | 12.62% | 0.58x | 1.18x | RM-5.05 Million |
| 2022 | 9.70% | 14.01% | 0.60x | 1.16x | RM-1.19 Million |
| 2023 | 7.66% | 10.49% | 0.62x | 1.17x | RM-9.19 Million |
| 2024 | 8.06% | 9.89% | 0.69x | 1.18x | RM-7.55 Million |
| 2025 | 2.31% | 3.49% | 0.58x | 1.14x | RM-29.53 Million |
Industry Comparison
This section compares Kawan Food Bhd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $694,014,135
- Average return on equity (ROE) among peers: 17.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kawan Food Bhd (7216) | RM380.15 Million | 14.76% | 0.14x | $70.90 Million |
| Three A Resources Bhd (0012) | $189.82 Million | 8.90% | 0.53x | $85.41 Million |
| Sunzen Biotech Bhd (0148) | $99.45 Million | 3.49% | 0.20x | $44.15 Million |
| Bioalpha Holdings Bhd (0179) | $69.43 Million | -42.63% | 0.14x | $7.06 Million |
| Nova Wellness Group Bhd (0201) | $27.67 Million | 30.00% | 0.52x | $26.41 Million |
| SDS Group Bhd (0212) | $127.78 Million | 25.47% | 0.51x | $52.71 Million |
| PTRB (0260) | $73.33 Million | 28.79% | 0.89x | $38.28 Million |
| MYMBN Berhad (0280) | $15.11 Million | 28.61% | 0.40x | $11.63 Million |
| SBH Marine Holdings Berhad (0300) | $77.33 Million | 10.74% | 0.33x | $36.79 Million |
| OB Holdings Berhad (0327) | $27.12 Million | 30.32% | 0.94x | $20.65 Million |
| IOI Corporation Bhd (1961) | $6.23 Billion | 54.11% | 1.46x | $6.99 Billion |
About Kawan Food Bhd
Kawan Food Berhad, an investment holding company, manufactures, trades in, distributes, and sells frozen food products. The company primarily offers parathas, flatbread, pastries under brands Kawan and KG Pastry, frozen vegetable and fries, pizza, ready-to-eat products and curry, snacks, glutinous rice ball, oriental buns, spring roll, chapatti, mini bun, and samosa pastry under the Kawan, KG Pas… Read more