Teo Seng Capital Bhd (7252) - Net Assets
Based on the latest financial reports, Teo Seng Capital Bhd (7252) has net assets worth RM721.59 Million MYR (≈ $181.17 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM976.25 Million ≈ $245.10 Million USD) and total liabilities (RM254.66 Million ≈ $63.94 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 Teo Seng Capital Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM721.59 Million |
| % of Total Assets | 73.91% |
| Annual Growth Rate | 17.08% |
| 5-Year Change | 131.67% |
| 10-Year Change | 193.61% |
| Growth Volatility | 17.21 |
Teo Seng Capital Bhd - Net Assets Trend (2007–2025)
This chart illustrates how Teo Seng Capital Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Teo Seng Capital Bhd (7252) total assets for the complete picture of this company's asset base.
Annual Net Assets for Teo Seng Capital Bhd (2007–2025)
The table below shows the annual net assets of Teo Seng Capital Bhd from 2007 to 2025. For live valuation and market cap data, see how much is Teo Seng Capital Bhd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM721.59 Million ≈ $181.17 Million |
+16.68% |
| 2024-12-31 | RM618.43 Million ≈ $155.27 Million |
+29.63% |
| 2023-12-31 | RM477.08 Million ≈ $119.78 Million |
+42.58% |
| 2022-12-31 | RM334.59 Million ≈ $84.01 Million |
+7.42% |
| 2021-12-31 | RM311.47 Million ≈ $78.20 Million |
+1.12% |
| 2020-12-31 | RM308.03 Million ≈ $77.34 Million |
+0.46% |
| 2019-12-31 | RM306.63 Million ≈ $76.98 Million |
+10.37% |
| 2018-12-31 | RM277.81 Million ≈ $69.75 Million |
+11.67% |
| 2017-12-31 | RM248.78 Million ≈ $62.46 Million |
+1.23% |
| 2016-12-31 | RM245.76 Million ≈ $61.70 Million |
+5.85% |
| 2015-12-31 | RM232.19 Million ≈ $58.30 Million |
+46.59% |
| 2014-12-31 | RM158.40 Million ≈ $39.77 Million |
+19.51% |
| 2013-12-31 | RM132.54 Million ≈ $33.28 Million |
+19.21% |
| 2012-12-31 | RM111.19 Million ≈ $27.92 Million |
-2.62% |
| 2011-12-31 | RM114.18 Million ≈ $28.67 Million |
+14.68% |
| 2010-12-31 | RM99.56 Million ≈ $25.00 Million |
+23.08% |
| 2009-12-31 | RM80.89 Million ≈ $20.31 Million |
+17.10% |
| 2008-12-31 | RM69.08 Million ≈ $17.34 Million |
+63.59% |
| 2007-12-31 | RM42.23 Million ≈ $10.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Teo Seng Capital 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 67413000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM674.13 Million | 93.42% |
| Common Stock | RM60.01 Million | 8.32% |
| Other Comprehensive Income | RM2.12 Million | 0.29% |
| Total Equity | RM721.62 Million | 100.00% |
Teo Seng Capital Bhd Competitors by Market Cap
The table below lists competitors of Teo Seng Capital Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bancroft Fund Limited
NYSE MKT:BCV
|
$129.90 Million |
|
Gevelot
PA:ALGEV
|
$129.92 Million |
|
Bhiraj Office Leasehold Real Estate Investment Trust
BK:BOFFICE
|
$129.94 Million |
|
Corpovael S.A.B. de C.V
MX:CADUA
|
$130.02 Million |
|
Mnc Kapital Indonesia Tbk
JK:BCAP
|
$129.86 Million |
|
Excel Industries Limited
NSE:EXCELINDUS
|
$129.85 Million |
|
China Aluminum International Engineering Corporation Limited
F:4AI
|
$129.83 Million |
|
Zepp Health Corp
NYSE:ZEPP
|
$129.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Teo Seng Capital Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 618,432,000 to 721,618,000, a change of 103,186,000 (16.7%).
- Net income of 142,086,000 contributed positively to equity growth.
- Dividend payments of 29,555,000 reduced retained earnings.
- Share repurchases of 8,495,000 reduced equity.
- Other comprehensive income increased equity by 2,120,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM142.09 Million | +19.69% |
| Dividends Paid | RM29.55 Million | -4.1% |
| Share Repurchases | RM8.49 Million | -1.18% |
| Other Comprehensive Income | RM2.12 Million | +0.29% |
| Other Changes | RM-2.97 Million | -0.41% |
| Total Change | RM- | 16.69% |
Book Value vs Market Value Analysis
This analysis compares Teo Seng Capital 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: 0.73x
- 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 10.36x to 0.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | RM0.09 | RM0.89 | x |
| 2008-12-31 | RM0.13 | RM0.89 | x |
| 2009-12-31 | RM0.13 | RM0.89 | x |
| 2010-12-31 | RM0.16 | RM0.89 | x |
| 2011-12-31 | RM0.19 | RM0.89 | x |
| 2012-12-31 | RM0.18 | RM0.89 | x |
| 2013-12-31 | RM0.22 | RM0.89 | x |
| 2014-12-31 | RM0.26 | RM0.89 | x |
| 2015-12-31 | RM0.37 | RM0.89 | x |
| 2016-12-31 | RM0.40 | RM0.89 | x |
| 2017-12-31 | RM0.41 | RM0.89 | x |
| 2018-12-31 | RM0.93 | RM0.89 | x |
| 2019-12-31 | RM1.04 | RM0.89 | x |
| 2020-12-31 | RM1.05 | RM0.89 | x |
| 2021-12-31 | RM0.52 | RM0.89 | x |
| 2022-12-31 | RM0.56 | RM0.89 | x |
| 2023-12-31 | RM0.80 | RM0.89 | x |
| 2024-12-31 | RM1.04 | RM0.89 | x |
| 2025-12-31 | RM1.22 | RM0.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Teo Seng Capital 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): 19.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.31%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.35x
- Recent ROE (19.69%) is above the historical average (15.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 29.68% | 7.87% | 1.43x | 2.64x | RM8.31 Million |
| 2008 | 18.27% | 6.96% | 1.33x | 1.98x | RM5.71 Million |
| 2009 | 18.74% | 9.02% | 1.13x | 1.83x | RM7.07 Million |
| 2010 | 22.20% | 10.65% | 1.13x | 1.84x | RM12.15 Million |
| 2011 | 15.14% | 6.46% | 1.25x | 1.87x | RM5.86 Million |
| 2012 | 0.90% | 0.38% | 1.17x | 2.05x | RM-10.12 Million |
| 2013 | 17.66% | 7.08% | 1.28x | 1.95x | RM10.16 Million |
| 2014 | 30.71% | 12.76% | 1.29x | 1.87x | RM32.79 Million |
| 2015 | 17.66% | 9.93% | 1.00x | 1.77x | RM17.78 Million |
| 2016 | 8.43% | 4.78% | 0.93x | 1.91x | RM-3.86 Million |
| 2017 | 1.39% | 0.82% | 0.86x | 1.99x | RM-21.42 Million |
| 2018 | 10.94% | 6.20% | 0.90x | 1.96x | RM2.61 Million |
| 2019 | 19.19% | 10.77% | 0.97x | 1.83x | RM28.17 Million |
| 2020 | 1.36% | 0.88% | 0.81x | 1.92x | RM-26.62 Million |
| 2021 | 0.98% | 0.57% | 0.85x | 2.00x | RM-28.10 Million |
| 2022 | 6.47% | 3.32% | 1.05x | 1.85x | RM-11.82 Million |
| 2023 | 32.66% | 20.47% | 1.08x | 1.48x | RM108.10 Million |
| 2024 | 29.65% | 24.33% | 0.89x | 1.37x | RM121.52 Million |
| 2025 | 19.69% | 19.31% | 0.75x | 1.35x | RM69.92 Million |
Industry Comparison
This section compares Teo Seng Capital Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $504,148,868
- Average return on equity (ROE) among peers: 2.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Teo Seng Capital Bhd (7252) | RM721.59 Million | 29.68% | 0.35x | $129.88 Million |
| Green Ocean Corporation Bhd (0074) | $21.99 Million | 8.76% | 1.57x | $3.98 Million |
| MAG Holdings Berhad (0095) | $869.97 Million | 5.40% | 0.47x | $78.81 Million |
| Greenyield Bhd (0136) | $141.13 Million | -7.04% | 0.78x | $25.74 Million |
| Heng Huat Resources Group Bhd (0175) | $128.19 Million | 11.49% | 0.68x | $17.44 Million |
| Matang Bhd (0189) | $186.58 Million | 0.98% | 0.01x | $44.99 Million |
| Pinehill Pacific Bhd (1902) | $110.00 Million | -10.00% | 2.40x | $17.30 Million |
| Chin Teck Plantations Bhd (1929) | $672.62 Million | 4.77% | 0.05x | $247.73 Million |
| Kretam Holdings Bhd (1996) | $919.00 Million | 1.63% | 0.28x | $377.42 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $658.00 Million | 0.76% | 0.11x | $99.23 Million |
| TDM Berhad (2054) | $1.33 Billion | 4.05% | 0.57x | $103.81 Million |
About Teo Seng Capital Bhd
Teo Seng Capital Berhad, an investment holding company, engages in poultry farming business in Malaysia, Singapore, and internationally. It operates through two segments, Poultry, and Trading and Others. The Poultry segment produces and markets eggs, animal feeds, paper egg trays, and fertilizer by-product. The Trading and Other segment engages in distribution of pet food, medicine, and other ani… Read more