Magna Prima Bhd
Magna Prima Berhad, an investment holding company, provides property development, building construction, and trading and management services in Malaysia. It operates through Properties, Construction and Engineering, and Investment segments. The company engages in civil engineering activities; provision of management services; and manufacture and trade of ready mixed concrete. The company was inco… Read more
Magna Prima Bhd (7617) - Net Assets
Latest net assets as of September 2025: RM319.45 Million MYR
Based on the latest financial reports, Magna Prima Bhd (7617) has net assets worth RM319.45 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 (RM351.14 Million) and total liabilities (RM31.69 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 | RM319.45 Million |
| % of Total Assets | 90.98% |
| Annual Growth Rate | 5.41% |
| 5-Year Change | -9.11% |
| 10-Year Change | -11.46% |
| Growth Volatility | 45.48 |
Magna Prima Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Magna Prima 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 Magna Prima Bhd (2012–2024)
The table below shows the annual net assets of Magna Prima Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM314.32 Million | +7.17% |
| 2023-12-31 | RM293.28 Million | -30.28% |
| 2022-12-31 | RM420.66 Million | +11.79% |
| 2021-12-31 | RM376.30 Million | +8.81% |
| 2020-12-31 | RM345.83 Million | -28.52% |
| 2019-12-31 | RM483.79 Million | -6.96% |
| 2018-12-31 | RM519.99 Million | -12.32% |
| 2017-12-31 | RM593.06 Million | -0.82% |
| 2016-12-31 | RM597.97 Million | +68.44% |
| 2015-12-31 | RM355.00 Million | +139.86% |
| 2014-12-31 | RM148.00 Million | -12.43% |
| 2013-12-31 | RM169.00 Million | +1.20% |
| 2012-12-31 | RM167.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Magna Prima 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 decreased by 19.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM165.76 Million | 52.74% |
| Common Stock | RM150.95 Million | 48.02% |
| Total Equity | RM314.32 Million | 100.00% |
Magna Prima Bhd Competitors by Market Cap
The table below lists competitors of Magna Prima Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Celyad Oncology SA
PINK:CLYYF
|
$6.71 Million |
|
Total Metals Corp.
V:TT
|
$6.71 Million |
|
CHERRY SE O.N.
F:C3RY
|
$6.72 Million |
|
Charlie's Holdings Inc.
OTCQB:CHUC
|
$6.72 Million |
|
PT Jobubu Jarum Minahasa Tbk
JK:BEER
|
$6.71 Million |
|
PT UBC Medical Indonesia Tbk
JK:LABS
|
$6.71 Million |
|
Hapbee Technologies Inc
PINK:HAPBF
|
$6.71 Million |
|
ESSA Pharma Inc
NASDAQ:EPIX
|
$6.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magna Prima Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 293,284,300 to 314,315,250, a change of 21,030,950 (7.2%).
- Net income of 18,581,460 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM18.58 Million | +5.91% |
| Other Changes | RM2.45 Million | +0.78% |
| Total Change | RM- | 7.17% |
Book Value vs Market Value Analysis
This analysis compares Magna Prima 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: 0.95x
- 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 increased from 0.41x to 0.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.81 | RM0.75 | x |
| 2017-12-31 | RM1.78 | RM0.75 | x |
| 2018-12-31 | RM1.56 | RM0.75 | x |
| 2019-12-31 | RM1.45 | RM0.75 | x |
| 2020-12-31 | RM1.04 | RM0.75 | x |
| 2021-12-31 | RM0.94 | RM0.75 | x |
| 2022-12-31 | RM1.05 | RM0.75 | x |
| 2023-12-31 | RM0.73 | RM0.75 | x |
| 2024-12-31 | RM0.79 | RM0.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magna Prima 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): 5.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.10%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.18x
- Recent ROE (5.91%) is above the historical average (-4.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 37.35% | 26.26% | 0.98x | 1.46x | RM153.05 Million |
| 2016 | 7.39% | 30.97% | 0.14x | 1.71x | RM-15.59 Million |
| 2017 | 1.80% | 11.76% | 0.09x | 1.63x | RM-48.63 Million |
| 2018 | -11.21% | -175.94% | 0.04x | 1.71x | RM-110.28 Million |
| 2019 | -6.80% | -109.43% | 0.04x | 1.75x | RM-81.28 Million |
| 2020 | -43.63% | -806.76% | 0.03x | 2.13x | RM-185.46 Million |
| 2021 | 1.01% | 60.81% | 0.01x | 1.82x | RM-33.83 Million |
| 2022 | 11.09% | 54.65% | 0.15x | 1.38x | RM4.58 Million |
| 2023 | -43.39% | -276.64% | 0.12x | 1.32x | RM-156.58 Million |
| 2024 | 5.91% | 9.10% | 0.55x | 1.18x | RM-12.85 Million |
Industry Comparison
This section compares Magna Prima Bhd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $565,025,416
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magna Prima Bhd (7617) | RM319.45 Million | 37.35% | 0.10x | $6.71 Million |
| Vinvest Capital Holdings Bhd (0069) | $581.54 Million | 0.67% | 0.36x | $2.71 Million |
| Gagasan Nadi Cergas Berhad (0206) | $442.13 Million | -0.76% | 1.23x | $7.59 Million |
| Vestland Berhad (0273) | $46.45 Million | 22.90% | 2.63x | $15.49 Million |
| KTI (0308) | $127.30 Million | 12.27% | 0.83x | $5.35 Million |
| Global Oriental Bhd (1147) | $255.86 Million | 5.65% | 2.56x | $4.63 Million |
| GuocoLand (Malaysia) Bhd (1503) | $892.00 Million | 4.71% | 1.18x | $21.92 Million |
| Symphony Life Bhd (1538) | $916.62 Million | -0.87% | 0.32x | $11.92 Million |
| Iskandar Waterfront City Bhd (1589) | $812.33 Million | 5.62% | 1.19x | $27.36 Million |
| Paramount Corporation Bhd (1724) | $727.00 Million | 7.43% | 0.79x | $69.73 Million |
| Selangor Dredging Bhd (2224) | $849.02 Million | 2.88% | 0.71x | $9.77 Million |