Lee Swee Kiat Group Bhd Net Assets
Lee Swee Kiat Group Bhd net assets. Based on the latest financial reports, Lee Swee Kiat Group Bhd (8079) has net assets worth RM74.95 Million MYR (≈ $18.82 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 (RM106.13 Million ≈ $26.65 Million USD) and total liabilities (RM31.18 Million ≈ $7.83 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. See debt-free asset ratio of Lee Swee Kiat Group Bhd to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM74.95 Million |
| % of Total Assets | 70.62% |
| Annual Growth Rate | 8.96% |
| 5-Year Change | 28.32% |
| 10-Year Change | 87.94% |
| Growth Volatility | 4.93 |
Net Assets of Lee Swee Kiat Group Bhd (2012–2025)
Net assets of Lee Swee Kiat Group Bhd from 2012 to 2025. This chart illustrates how Lee Swee Kiat Group Bhd's net assets have evolved over time, based on quarterly financial data. Also explore net asset growth rate of Lee Swee Kiat Group Bhd to track the company's year-over-year net asset growth rate.
Annual Net Assets for Lee Swee Kiat Group Bhd (2012–2025)
The table below shows the annual net assets of Lee Swee Kiat Group Bhd from 2012 to 2025. For live market cap and overall valuation, see Lee Swee Kiat Group Bhd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM79.37 Million ≈ $19.93 Million |
-0.97% |
| 2024-12-31 | RM80.15 Million ≈ $20.12 Million |
+4.87% |
| 2023-12-31 | RM76.43 Million ≈ $19.19 Million |
+11.70% |
| 2022-12-31 | RM68.43 Million ≈ $17.18 Million |
+10.63% |
| 2021-12-31 | RM61.85 Million ≈ $15.53 Million |
+6.07% |
| 2020-12-31 | RM58.32 Million ≈ $14.64 Million |
+3.13% |
| 2019-12-31 | RM56.54 Million ≈ $14.20 Million |
+7.61% |
| 2018-12-31 | RM52.55 Million ≈ $13.19 Million |
+15.58% |
| 2017-12-31 | RM45.47 Million ≈ $11.41 Million |
+7.65% |
| 2016-12-31 | RM42.23 Million ≈ $10.60 Million |
+14.14% |
| 2015-12-31 | RM37.00 Million ≈ $9.29 Million |
+15.63% |
| 2014-12-31 | RM32.00 Million ≈ $8.03 Million |
+14.29% |
| 2013-12-31 | RM28.00 Million ≈ $7.03 Million |
+7.69% |
| 2012-12-31 | RM26.00 Million ≈ $6.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lee Swee Kiat Group 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 146.0% over the analyzed period, indicating profitable operations and earnings retention.
Lee Swee Kiat Group Bhd Net Assets Breakdown (December 2025)
Lee Swee Kiat Group Bhd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM62.61 Million | 78.88% |
| Common Stock | RM16.78 Million | 21.14% |
| Total Equity | RM79.37 Million | 100.00% |
Lee Swee Kiat Group Bhd Competitors by Market Cap
The table below lists competitors of Lee Swee Kiat Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Domo Activos Socimi SA
MC:DOMO
|
$15.32 Million |
|
Trust Stamp Inc
NASDAQ:IDAI
|
$15.34 Million |
|
Andira Agro Tbk PT
JK:ANDI
|
$15.34 Million |
|
Labo Print SA
WAR:LAB
|
$15.34 Million |
|
Honkarakenne Oyj B
HE:HONBS
|
$15.31 Million |
|
Samyoung S&C Co. Ltd.
KQ:361670
|
$15.31 Million |
|
Lakes Oil NL
AU:LKO
|
$15.31 Million |
|
Ba Ria Thermal Power JSC
VN:BTP
|
$15.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lee Swee Kiat Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 80,153,000 to 79,374,000, a change of -779,000 (-1.0%).
- Net income of 5,192,000 contributed positively to equity growth.
- Dividend payments of 5,914,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM5.19 Million | +6.54% |
| Dividends Paid | RM5.91 Million | -7.45% |
| Other Changes | RM-57.00K | -0.07% |
| Total Change | RM- | -0.97% |
Book Value vs Market Value Analysis
This analysis compares Lee Swee Kiat Group 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 0.99x 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 | RM0.25 | RM0.25 | x |
| 2017-12-31 | RM0.28 | RM0.25 | x |
| 2018-12-31 | RM0.32 | RM0.25 | x |
| 2019-12-31 | RM0.35 | RM0.25 | x |
| 2020-12-31 | RM0.36 | RM0.25 | x |
| 2021-12-31 | RM0.38 | RM0.25 | x |
| 2022-12-31 | RM0.42 | RM0.25 | x |
| 2023-12-31 | RM0.30 | RM0.25 | x |
| 2024-12-31 | RM0.32 | RM0.25 | x |
| 2025-12-31 | RM0.32 | RM0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lee Swee Kiat Group 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): 6.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.12%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.51x
- Recent ROE (6.54%) is below the historical average (13.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.40% | 8.15% | 0.91x | 1.66x | RM1.01 Million |
| 2017 | 13.27% | 8.05% | 0.99x | 1.66x | RM1.49 Million |
| 2018 | 19.50% | 10.24% | 1.18x | 1.62x | RM4.99 Million |
| 2019 | 14.28% | 7.94% | 1.06x | 1.70x | RM2.42 Million |
| 2020 | 11.28% | 6.81% | 1.02x | 1.63x | RM744.40K |
| 2021 | 12.26% | 7.25% | 1.02x | 1.65x | RM1.40 Million |
| 2022 | 15.85% | 8.40% | 1.13x | 1.67x | RM4.00 Million |
| 2023 | 17.86% | 10.69% | 1.08x | 1.54x | RM6.01 Million |
| 2024 | 11.73% | 6.90% | 1.13x | 1.50x | RM1.39 Million |
| 2025 | 6.54% | 4.12% | 1.05x | 1.51x | RM-2.75 Million |
Industry Comparison
This section compares Lee Swee Kiat Group Bhd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $259,169,327
- Average return on equity (ROE) among peers: 12.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lee Swee Kiat Group Bhd (8079) | RM74.95 Million | 12.40% | 0.42x | $15.32 Million |
| Wegmans Holdings Berhad (0197) | $131.46 Million | 4.56% | 0.45x | $14.37 Million |
| Spring Art Holdings Bhd (0216) | $86.60 Million | 6.34% | 0.32x | $8.87 Million |
| Mobilia Holdings Bhd (0229) | $79.63 Million | 16.67% | 0.49x | $15.60 Million |
| Ecomate Holdings Bhd (0239) | $44.66 Million | 3.29% | 0.54x | $156.41 Million |
| Synergy House Berhad (0279) | $46.35 Million | 35.87% | 1.83x | $22.60 Million |
| Topmix Berhad (0302) | $37.79 Million | 22.21% | 0.86x | $33.62 Million |
| FACB Industries Incorporated (2984) | $233.59 Million | 0.80% | 0.03x | $25.90 Million |
| Panasonic Manufacture Malaysia (3719) | $718.00 Million | 13.93% | 0.26x | $80.22 Million |
| Evergreen Fibreboard Bhd (5101) | $1.04 Billion | 3.31% | 0.37x | $23.33 Million |
| Homeritz Corporation Bhd (5160) | $176.12 Million | 13.39% | 0.14x | $46.08 Million |
About Lee Swee Kiat Group Bhd
Lee Swee Kiat Group Berhad, an investment holding company, engages in manufacturing, retail, trading, and distribution of mattresses and bedding accessories in Malaysia. It offers laminated foam, polyurethane foam, natural latex foam, sofas, bedframes, latex bedding, latex pillows, and furniture and related products. The company operates a retail store under International Brands Gallery (IBG) for… Read more