Harn Len Corporation Bhd
Harn Len Corporation Bhd, together with its subsidiaries, engages in the cultivation of oil palm in Malaysia. It operates through Plantation, and Property and Others segments. The company is involved in the operation of oil palm estate and palm oil mills; sales and purchase of fresh fruit bunches; sales and trading of crude palm oil and palm kernels; and provision of plantation development contra… Read more
Harn Len Corporation Bhd (7501) - Net Assets
Latest net assets as of September 2025: RM382.37 Million MYR
Based on the latest financial reports, Harn Len Corporation Bhd (7501) has net assets worth RM382.37 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM536.45 Million) and total liabilities (RM154.08 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM382.37 Million |
| % of Total Assets | 71.28% |
| Annual Growth Rate | 3.38% |
| 5-Year Change | 18.59% |
| 10-Year Change | 23.49% |
| Growth Volatility | 16.41 |
Harn Len Corporation Bhd - Net Assets Trend (2011–2024)
This chart illustrates how Harn Len Corporation Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Harn Len Corporation Bhd (2011–2024)
The table below shows the annual net assets of Harn Len Corporation Bhd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM385.30 Million | +13.58% |
| 2023-12-31 | RM339.23 Million | -1.19% |
| 2022-12-31 | RM343.31 Million | +9.91% |
| 2021-12-31 | RM312.36 Million | -3.86% |
| 2020-12-31 | RM324.89 Million | +36.97% |
| 2019-12-31 | RM237.21 Million | -19.73% |
| 2018-12-31 | RM295.50 Million | -6.69% |
| 2017-12-31 | RM316.67 Million | +0.41% |
| 2016-12-31 | RM315.38 Million | +1.08% |
| 2015-12-31 | RM312.00 Million | -6.02% |
| 2014-12-31 | RM332.00 Million | -3.77% |
| 2013-12-31 | RM345.00 Million | +40.24% |
| 2012-12-31 | RM246.00 Million | -1.60% |
| 2011-12-31 | RM250.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Harn Len Corporation 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 2.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM133.44 Million | 34.63% |
| Common Stock | RM257.75 Million | 66.90% |
| Total Equity | RM385.30 Million | 100.00% |
Harn Len Corporation Bhd Competitors by Market Cap
The table below lists competitors of Harn Len Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rackla Metals Inc
PINK:RMETF
|
$13.03 Million |
|
Nagarjuna Fertilizers and Chemicals Limited
NSE:NAGAFERT
|
$13.04 Million |
|
Passus S.A.
WAR:PAS
|
$13.04 Million |
|
I Yuan Precision Ind Co Ltd
TWO:2235
|
$13.04 Million |
|
CryoCell International Inc
NYSE MKT:CCEL
|
$13.03 Million |
|
Netel Holding AB
ST:NETEL
|
$13.02 Million |
|
Feytech Holdings Berhad
KLSE:5322
|
$13.02 Million |
|
Aguia Resources Ltd
AU:AGR
|
$13.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harn Len Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 339,226,090 to 385,296,520, a change of 46,070,430 (13.6%).
- Net income of 33,441,510 contributed positively to equity growth.
- Dividend payments of 9,159,230 reduced retained earnings.
- Share repurchases of 19,270 reduced equity.
- New share issuances of 88,228 increased equity.
- Other factors increased equity by 21,719,192.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM33.44 Million | +8.68% |
| Dividends Paid | RM9.16 Million | -2.38% |
| Share Repurchases | RM19.27K | -0.01% |
| Share Issuances | RM88.23K | +0.02% |
| Other Changes | RM21.72 Million | +5.64% |
| Total Change | RM- | 13.58% |
Book Value vs Market Value Analysis
This analysis compares Harn Len Corporation 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: 1.16x
- 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 | RM0.67 | RM0.73 | x |
| 2017-12-31 | RM0.70 | RM0.73 | x |
| 2018-12-31 | RM0.66 | RM0.73 | x |
| 2019-12-31 | RM0.53 | RM0.73 | x |
| 2020-12-31 | RM0.67 | RM0.73 | x |
| 2021-12-31 | RM0.59 | RM0.73 | x |
| 2022-12-31 | RM0.61 | RM0.73 | x |
| 2023-12-31 | RM0.60 | RM0.73 | x |
| 2024-12-31 | RM0.63 | RM0.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harn Len Corporation 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): 8.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.81%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.39x
- Recent ROE (8.68%) is above the historical average (0.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -2.64% | -3.09% | 0.54x | 1.59x | RM-39.88 Million |
| 2017 | 1.93% | 1.88% | 0.59x | 1.74x | RM-25.55 Million |
| 2018 | -7.16% | -11.40% | 0.33x | 1.92x | RM-50.72 Million |
| 2019 | -24.57% | -49.86% | 0.23x | 2.17x | RM-82.01 Million |
| 2020 | 30.40% | 81.00% | 0.25x | 1.49x | RM66.27 Million |
| 2021 | -7.10% | -10.11% | 0.50x | 1.40x | RM-53.43 Million |
| 2022 | 1.95% | 2.39% | 0.63x | 1.30x | RM-27.64 Million |
| 2023 | -1.06% | -1.86% | 0.42x | 1.36x | RM-37.51 Million |
| 2024 | 8.68% | 11.81% | 0.53x | 1.39x | RM-5.09 Million |
Industry Comparison
This section compares Harn Len Corporation Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $377,826,757
- Average return on equity (ROE) among peers: -11.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harn Len Corporation Bhd (7501) | RM382.37 Million | -2.64% | 0.40x | $13.03 Million |
| Green Ocean Corporation Bhd (0074) | $20.50 Million | 0.66% | 1.26x | $2.01 Million |
| MAG Holdings Berhad (0095) | $767.53 Million | 4.45% | 0.40x | $29.82 Million |
| Greenyield Bhd (0136) | $68.86 Million | 7.90% | 0.29x | $3.29 Million |
| Heng Huat Resources Group Bhd (0175) | $36.07 Million | -118.86% | 2.26x | $7.31 Million |
| Matang Bhd (0189) | $246.80 Million | 1.06% | 0.02x | $17.51 Million |
| Pinehill Pacific Bhd (1902) | $110.00 Million | -10.00% | 2.40x | $6.70 Million |
| Chin Teck Plantations Bhd (1929) | $616.00 Million | 8.60% | 0.02x | $63.22 Million |
| Kretam Holdings Bhd (1996) | $607.72 Million | -6.37% | 0.35x | $46.24 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $596.00 Million | -0.67% | 0.11x | $25.76 Million |
| TDM Berhad (2054) | $708.78 Million | -4.16% | 1.46x | $24.43 Million |