Favelle Favco Bhd (7229) - Net Assets

Latest as of March 2026: RM850.06 Million MYR ≈ $213.42 Million USD

Based on the latest financial reports, Favelle Favco Bhd (7229) has net assets worth RM850.06 Million MYR (≈ $213.42 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 (RM1.52 Billion ≈ $382.50 Million USD) and total liabilities (RM673.42 Million ≈ $169.07 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 Favelle Favco Bhd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM850.06 Million
% of Total Assets	55.8%
Annual Growth Rate	11.05%
5-Year Change	6.17%
10-Year Change	42.5%
Growth Volatility	10.85

Favelle Favco Bhd - Net Assets Trend (2006–2025)

This chart illustrates how Favelle Favco Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Favelle Favco Bhd worth.

Annual Net Assets for Favelle Favco Bhd (2006–2025)

The table below shows the annual net assets of Favelle Favco Bhd from 2006 to 2025. Also explore 7229 net assets growth trend to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	RM843.27 Million ≈ $211.72 Million	+3.26%
2024-12-31	RM816.67 Million ≈ $205.04 Million	+3.68%
2023-12-31	RM787.65 Million ≈ $197.75 Million	+7.48%
2022-12-31	RM732.87 Million ≈ $184.00 Million	-7.73%
2021-12-31	RM794.27 Million ≈ $199.42 Million	+2.85%
2020-12-31	RM772.29 Million ≈ $193.90 Million	+2.88%
2019-12-31	RM750.67 Million ≈ $188.47 Million	+8.82%
2018-12-31	RM689.81 Million ≈ $173.19 Million	+9.80%
2017-12-31	RM628.23 Million ≈ $157.73 Million	+6.16%
2016-12-31	RM591.76 Million ≈ $148.57 Million	+8.06%
2015-12-31	RM547.62 Million ≈ $137.49 Million	+19.12%
2014-12-31	RM459.73 Million ≈ $115.42 Million	+14.54%
2013-12-31	RM401.37 Million ≈ $100.77 Million	+15.94%
2012-12-31	RM346.19 Million ≈ $86.92 Million	+43.92%
2011-12-31	RM240.54 Million ≈ $60.39 Million	+22.97%
2010-12-31	RM195.61 Million ≈ $49.11 Million	+3.02%
2009-12-31	RM189.88 Million ≈ $47.67 Million	+17.84%
2008-12-31	RM161.13 Million ≈ $40.45 Million	+23.07%
2007-12-31	RM130.92 Million ≈ $32.87 Million	+13.72%
2006-12-31	RM115.12 Million ≈ $28.90 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Favelle Favco 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 2364.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM487.68 Million	59.99%
Common Stock	RM199.51 Million	24.54%
Other Comprehensive Income	RM6.12 Million	0.75%
Other Components	RM119.67 Million	14.72%
Total Equity	RM812.97 Million	100.00%

Favelle Favco Bhd Competitors by Market Cap

The table below lists competitors of Favelle Favco Bhd ranked by their market capitalization.

Company	Market Cap
TUL Corporation TWO:6150	$92.61 Million
KP Tissue Inc TO:KPT	$92.67 Million
Aureus Greenway Holdings Inc. NASDAQ:PUSA	$92.69 Million
WIZ CORP Inc KQ:038620	$92.69 Million
Cameo Communications Inc TW:6142	$92.54 Million
SV Investment Corporation KQ:289080	$92.52 Million
Elixir Energy Ltd AU:EXR	$92.52 Million
Infant Bacterial Therapeutics AB (publ) ST:IBT-B	$92.46 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Favelle Favco Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 780,734,000 to 812,972,000, a change of 32,238,000 (4.1%).
Net income of 48,906,000 contributed positively to equity growth.
Dividend payments of 21,224,000 reduced retained earnings.
Share repurchases of 882,000 reduced equity.
New share issuances of 882,000 increased equity.
Other comprehensive income decreased equity by 122,077,000.
Other factors increased equity by 126,633,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM48.91 Million	+6.02%
Dividends Paid	RM21.22 Million	-2.61%
Share Repurchases	RM882.00K	-0.11%
Share Issuances	RM882.00K	+0.11%
Other Comprehensive Income	RM-122.08 Million	-15.02%
Other Changes	RM126.63 Million	+15.58%
Total Change	RM-	4.13%

Book Value vs Market Value Analysis

This analysis compares Favelle Favco 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: 0.45x
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 1.88x to 0.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	RM0.83	RM1.56	x
2007-12-31	RM0.75	RM1.56	x
2008-12-31	RM0.93	RM1.56	x
2009-12-31	RM1.09	RM1.56	x
2010-12-31	RM1.11	RM1.56	x
2011-12-31	RM1.30	RM1.56	x
2012-12-31	RM1.82	RM1.56	x
2013-12-31	RM1.83	RM1.56	x
2014-12-31	RM2.11	RM1.56	x
2015-12-31	RM2.49	RM1.56	x
2016-12-31	RM2.69	RM1.56	x
2017-12-31	RM2.82	RM1.56	x
2018-12-31	RM2.98	RM1.56	x
2019-12-31	RM3.18	RM1.56	x
2020-12-31	RM3.30	RM1.56	x
2021-12-31	RM3.40	RM1.56	x
2022-12-31	RM3.03	RM1.56	x
2023-12-31	RM3.23	RM1.56	x
2024-12-31	RM3.29	RM1.56	x
2025-12-31	RM3.43	RM1.56	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Favelle Favco 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): 6.02%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.22%
• Asset Turnover: 0.54x
• Equity Multiplier: 1.80x
Recent ROE (6.02%) is below the historical average (11.91%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	8.57%	2.76%	0.82x	3.77x	RM-1.64 Million
2007	14.46%	4.17%	0.86x	4.05x	RM5.84 Million
2008	13.54%	3.76%	0.95x	3.79x	RM5.71 Million
2009	14.63%	5.20%	0.78x	3.61x	RM8.80 Million
2010	14.63%	7.42%	0.65x	3.03x	RM9.05 Million
2011	20.09%	9.87%	0.71x	2.87x	RM23.91 Million
2012	17.90%	8.78%	0.77x	2.64x	RM26.99 Million
2013	16.93%	8.82%	0.80x	2.40x	RM27.59 Million
2014	19.01%	10.98%	0.70x	2.46x	RM41.53 Million
2015	17.31%	11.95%	0.65x	2.23x	RM40.00 Million
2016	12.57%	12.82%	0.50x	1.95x	RM15.25 Million
2017	10.02%	11.98%	0.44x	1.92x	RM146.10K
2018	9.60%	11.94%	0.41x	1.94x	RM-2.64 Million
2019	11.55%	12.01%	0.52x	1.84x	RM11.12 Million
2020	6.03%	8.03%	0.41x	1.82x	RM-29.35 Million
2021	6.33%	7.89%	0.46x	1.75x	RM-27.95 Million
2022	5.45%	6.51%	0.43x	1.93x	RM-32.26 Million
2023	6.61%	6.61%	0.53x	1.90x	RM-25.93 Million
2024	6.90%	5.98%	0.62x	1.85x	RM-24.20 Million
2025	6.02%	6.22%	0.54x	1.80x	RM-32.39 Million

Industry Comparison

This section compares Favelle Favco Bhd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.

No peer company data available for comparison.

About Favelle Favco Bhd

KLSE:7229 Malaysia Farm & Heavy Construction Machinery

Market Cap

$92.59 Million

RM368.80 Million MYR

Market Cap Rank

#19547 Global

#348 in Malaysia

Share Price

RM1.56

Change (1 day)

+0.65%

52-Week Range

RM1.51 - RM1.75

All Time High

RM2.20