Eco World Develop Group
Eco World Development Group Berhad, an investment holding company, engages in the property development and investment activities in Malaysia. The company's property portfolio comprises landed homes, high-rise residential apartments, offices and retail spaces, and green industrial parks. It is also involved in the trading of building materials; and the provision of property management, project man… Read more
Eco World Develop Group (8206) - Net Assets
Latest net assets as of July 2025: RM5.04 Billion MYR
Based on the latest financial reports, Eco World Develop Group (8206) has net assets worth RM5.04 Billion MYR as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM12.41 Billion) and total liabilities (RM7.37 Billion). 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 | RM5.04 Billion |
| % of Total Assets | 40.63% |
| Annual Growth Rate | 16.76% |
| 5-Year Change | 4.77% |
| 10-Year Change | 55.02% |
| Growth Volatility | 231.68 |
Eco World Develop Group - Net Assets Trend (2006–2024)
This chart illustrates how Eco World Develop Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eco World Develop Group (2006–2024)
The table below shows the annual net assets of Eco World Develop Group from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | RM4.89 Billion | +2.52% |
| 2023-10-31 | RM4.77 Billion | +0.74% |
| 2022-10-31 | RM4.74 Billion | -0.56% |
| 2021-10-31 | RM4.77 Billion | +2.02% |
| 2020-10-31 | RM4.67 Billion | +2.93% |
| 2019-10-31 | RM4.54 Billion | +2.95% |
| 2018-10-31 | RM4.41 Billion | +3.38% |
| 2017-10-31 | RM4.26 Billion | +12.61% |
| 2016-10-31 | RM3.79 Billion | +19.95% |
| 2015-10-31 | RM3.16 Billion | +868.37% |
| 2014-10-31 | RM326.00 Million | +0.62% |
| 2014-09-30 | RM324.00 Million | +0.86% |
| 2013-10-31 | RM321.22 Million | +605.41% |
| 2012-10-31 | RM45.54 Million | -84.68% |
| 2011-10-31 | RM297.20 Million | -0.68% |
| 2010-10-31 | RM299.24 Million | -1.31% |
| 2009-10-31 | RM303.19 Million | -2.68% |
| 2008-10-31 | RM311.53 Million | -0.37% |
| 2007-10-31 | RM312.70 Million | +3.97% |
| 2006-10-31 | RM300.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eco World Develop Group'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 2711.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM1.26 Billion | 25.81% |
| Common Stock | RM3.62 Billion | 73.97% |
| Other Components | RM10.58 Million | 0.22% |
| Total Equity | RM4.89 Billion | 100.00% |
Eco World Develop Group Competitors by Market Cap
The table below lists competitors of Eco World Develop Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CEWE Stiftung & Co. KGaA
XETRA:CWC
|
$507.21 Million |
|
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A
SHE:300749
|
$507.22 Million |
|
Shandong Shuangyi Technology Co Ltd
SHE:300690
|
$507.34 Million |
|
SunCoke Energy Inc
NYSE:SXC
|
$507.39 Million |
|
Brainbees Solutions Limited
NSE:FIRSTCRY
|
$507.07 Million |
|
Kunshan Guoli Electronic Technology Co Ltd
SHG:688103
|
$507.07 Million |
|
Midland States Bancorp Inc
NASDAQ:MSBIP
|
$506.96 Million |
|
Global Yatirim Holding AS
IS:GLYHO
|
$506.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eco World Develop Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,773,527,000 to 4,893,690,000, a change of 120,163,000 (2.5%).
- Net income of 303,539,000 contributed positively to equity growth.
- Dividend payments of 176,837,000 reduced retained earnings.
- Share repurchases of 5,063,000 reduced equity.
- New share issuances of 5,063,000 increased equity.
- Other comprehensive income decreased equity by 22,179,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM303.54 Million | +6.2% |
| Dividends Paid | RM176.84 Million | -3.61% |
| Share Repurchases | RM5.06 Million | -0.1% |
| Share Issuances | RM5.06 Million | +0.1% |
| Other Comprehensive Income | RM-22.18 Million | -0.45% |
| Other Changes | RM15.64 Million | +0.32% |
| Total Change | RM- | 2.52% |
Book Value vs Market Value Analysis
This analysis compares Eco World Develop Group'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: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.49x to 1.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-10-31 | RM0.49 | RM2.18 | x |
| 2007-10-31 | RM0.50 | RM2.18 | x |
| 2008-10-31 | RM0.50 | RM2.18 | x |
| 2009-10-31 | RM0.49 | RM2.18 | x |
| 2010-10-31 | RM0.48 | RM2.18 | x |
| 2011-10-31 | RM0.48 | RM2.18 | x |
| 2012-10-31 | RM0.07 | RM2.18 | x |
| 2013-10-31 | RM0.52 | RM2.18 | x |
| 2015-10-31 | RM1.90 | RM2.18 | x |
| 2016-10-31 | RM1.59 | RM2.18 | x |
| 2017-10-31 | RM1.47 | RM2.18 | x |
| 2018-10-31 | RM1.50 | RM2.18 | x |
| 2019-10-31 | RM1.54 | RM2.18 | x |
| 2020-10-31 | RM1.59 | RM2.18 | x |
| 2021-10-31 | RM1.62 | RM2.18 | x |
| 2022-10-31 | RM1.61 | RM2.18 | x |
| 2023-10-31 | RM1.62 | RM2.18 | x |
| 2024-10-31 | RM1.59 | RM2.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eco World Develop Group 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): 6.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.44%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.82x
- Recent ROE (6.20%) is above the historical average (3.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.19% | 1.21% | 0.10x | 1.65x | RM-29.26 Million |
| 2007 | 3.31% | 19.40% | 0.10x | 1.63x | RM-20.75 Million |
| 2008 | 0.11% | 0.41% | 0.17x | 1.59x | RM-30.57 Million |
| 2009 | -2.77% | -26.92% | 0.07x | 1.58x | RM-38.40 Million |
| 2010 | -1.33% | -6.19% | 0.14x | 1.55x | RM-33.63 Million |
| 2011 | -0.69% | -3.65% | 0.13x | 1.49x | RM-31.50 Million |
| 2012 | 16.73% | 11.03% | 0.13x | 11.42x | RM2.90 Million |
| 2013 | 7.61% | 15.52% | 0.32x | 1.53x | RM-7.60 Million |
| 2015 | 1.39% | 2.57% | 0.25x | 2.20x | RM-271.74 Million |
| 2016 | 3.41% | 5.08% | 0.29x | 2.34x | RM-249.39 Million |
| 2017 | 4.92% | 7.17% | 0.30x | 2.31x | RM-216.75 Million |
| 2018 | 3.76% | 7.62% | 0.21x | 2.37x | RM-275.20 Million |
| 2019 | 4.48% | 8.26% | 0.23x | 2.36x | RM-250.38 Million |
| 2020 | 3.43% | 8.02% | 0.19x | 2.22x | RM-306.94 Million |
| 2021 | 3.83% | 8.95% | 0.21x | 2.05x | RM-293.79 Million |
| 2022 | 3.32% | 7.69% | 0.22x | 1.98x | RM-316.64 Million |
| 2023 | 3.97% | 8.50% | 0.25x | 1.87x | RM-288.03 Million |
| 2024 | 6.20% | 13.44% | 0.25x | 1.82x | RM-185.83 Million |
Industry Comparison
This section compares Eco World Develop Group's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $516,304,673
- Average return on equity (ROE) among peers: 11.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eco World Develop Group (8206) | RM5.04 Billion | 0.19% | 1.46x | $507.20 Million |
| Vinvest Capital Holdings Bhd (0069) | $446.12 Million | 1.75% | 0.11x | $2.71 Million |
| Gagasan Nadi Cergas Berhad (0206) | $236.67 Million | 15.96% | 1.42x | $7.49 Million |
| Vestland Berhad (0273) | $71.56 Million | 35.09% | 2.17x | $15.82 Million |
| KTI (0308) | $136.61 Million | 10.12% | 1.76x | $5.28 Million |
| Global Oriental Bhd (1147) | $241.40 Million | 4.28% | 2.98x | $4.63 Million |
| GuocoLand (Malaysia) Bhd (1503) | $1.22 Billion | 9.32% | 1.36x | $21.92 Million |
| Symphony Life Bhd (1538) | $512.00 Million | 16.99% | 1.06x | $11.92 Million |
| Iskandar Waterfront City Bhd (1589) | $517.00 Million | 2.51% | 0.43x | $28.64 Million |
| Paramount Corporation Bhd (1724) | $1.13 Billion | 7.82% | 0.78x | $69.05 Million |
| Selangor Dredging Bhd (2224) | $644.00 Million | 7.45% | 1.01x | $9.89 Million |