Kawan Food Bhd (7216) - Net Assets
Based on the latest financial reports, Kawan Food Bhd (7216) has net assets worth RM388.60 Million MYR (≈ $97.56 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 (RM442.48 Million ≈ $111.09 Million USD) and total liabilities (RM53.88 Million ≈ $13.53 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 Kawan Food Bhd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM388.60 Million |
| % of Total Assets | 87.82% |
| Annual Growth Rate | 10.39% |
| 5-Year Change | 12.72% |
| 10-Year Change | 79.56% |
| Growth Volatility | 13.42 |
Kawan Food Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Kawan Food Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Kawan Food Bhd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Kawan Food Bhd (2012–2024)
The table below shows the annual net assets of Kawan Food Bhd from 2012 to 2024. For live valuation and market cap data, see market cap of Kawan Food Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 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 166.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM229.50 Million | 58.90% |
| Common Stock | RM187.53 Million | 48.13% |
| Other Comprehensive Income | RM11.29 Million | 2.90% |
| Total Equity | RM389.65 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 |
|---|---|
|
DHP Korea Co. Ltd
KQ:131030
|
$71.62 Million |
|
SanDi Properties Co Ltd
TW:1438
|
$71.65 Million |
|
Datagate Bilgisayar Malzemeleri Ticaret AS
IS:DGATE
|
$71.65 Million |
|
Fortune Parts Industry Public Company Limited
BK:FPI
|
$71.68 Million |
|
Optimax Holdings Sdn Bhd
KLSE:0222
|
$71.61 Million |
|
Eaton Vance California MIT
NYSE MKT:CEV
|
$71.60 Million |
|
Jcontentree Corp
KO:036420
|
$71.60 Million |
|
Jayant Agro Organics Limited
NSE:JAYAGROGN
|
$71.59 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 2023 to 2024, total equity changed from 393,165,761 to 389,653,000, a change of -3,512,761 (-0.9%).
- Net income of 31,417,999 contributed positively to equity growth.
- Dividend payments of 24,390,000 reduced retained earnings.
- Share repurchases of 14,136,000 reduced equity.
- New share issuances of 2,641,000 increased equity.
- Other comprehensive income increased equity by 952,414.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM31.42 Million | +8.06% |
| Dividends Paid | RM24.39 Million | -6.26% |
| Share Repurchases | RM14.14 Million | -3.63% |
| Share Issuances | RM2.64 Million | +0.68% |
| Other Comprehensive Income | RM952.41K | +0.24% |
| Other Changes | RM1.83K | +0.0% |
| Total Change | RM- | -0.89% |
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: 0.79x
- 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 1.04x to 0.79x 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 |
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): 8.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.89%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.18x
- Recent ROE (8.06%) is below the historical average (8.85%), 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 |
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: $1,499,888,555
- Average return on equity (ROE) among peers: 9.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kawan Food Bhd (7216) | RM388.60 Million | 14.76% | 0.14x | $71.62 Million |
| Three A Resources Bhd (0012) | $279.44 Million | 13.93% | 0.22x | $86.02 Million |
| Sunzen Biotech Bhd (0148) | $99.45 Million | 3.49% | 0.20x | $45.14 Million |
| Bioalpha Holdings Bhd (0179) | $165.55 Million | 5.02% | 0.17x | $5.30 Million |
| Nova Wellness Group Bhd (0201) | $109.78 Million | 7.17% | 0.09x | $26.41 Million |
| SDS Group Bhd (0212) | $64.60 Million | 6.31% | 1.26x | $59.23 Million |
| PTRB (0260) | $203.52 Million | 26.03% | 0.72x | $36.27 Million |
| MYMBN Berhad (0280) | $27.12 Million | -19.79% | 0.32x | $9.21 Million |
| SBH Marine Holdings Berhad (0300) | $77.33 Million | 10.74% | 0.33x | $32.33 Million |
| OB Holdings Berhad (0327) | $20.10 Million | 23.44% | 0.52x | $21.14 Million |
| IOI Corporation Bhd (1961) | $13.95 Billion | 14.12% | 0.71x | $6.38 Billion |
About Kawan Food Bhd
Kawan Food Berhad, an investment holding company, manufactures, trades in, distributes, and sells frozen food products. It primarily offers parathas, flatbread, pastry, frozen vegetable and fries, pizza, ready-to-eat products, curry, snacks, glutinous rice ball, oriental buns, spring roll, and samosa pastry under the Kawan, KG Pastry, Passion Bake, and Veat brands. The company distributes its pro… Read more