Public Packages Holdings Bhd
Public Packages Holdings Berhad, an investment holding company, engages in the production and sale of paper packaging products in Malaysia, the Asia Pacific, Europe, the United States, and internationally. It operates through Investment, Manufacturing, Property, Trading, and Hospitality segments. The company manufactures and retails corrugated cartons, packing materials, and gift and display boxe… Read more
Public Packages Holdings Bhd (8273) - Net Assets
Latest net assets as of September 2025: RM453.81 Million MYR
Based on the latest financial reports, Public Packages Holdings Bhd (8273) has net assets worth RM453.81 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 (RM485.52 Million) and total liabilities (RM31.71 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 | RM453.81 Million |
| % of Total Assets | 93.47% |
| Annual Growth Rate | 10.29% |
| 5-Year Change | 57.56% |
| 10-Year Change | 150.38% |
| Growth Volatility | 1.81 |
Public Packages Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Public Packages Holdings 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 Public Packages Holdings Bhd (2012–2024)
The table below shows the annual net assets of Public Packages Holdings Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM430.66 Million | +10.37% |
| 2023-12-31 | RM390.20 Million | +14.33% |
| 2022-12-31 | RM341.29 Million | +13.24% |
| 2021-12-31 | RM301.38 Million | +10.26% |
| 2020-12-31 | RM273.34 Million | +10.79% |
| 2019-12-31 | RM246.71 Million | +10.71% |
| 2018-12-31 | RM222.84 Million | +9.25% |
| 2017-12-31 | RM203.97 Million | +8.28% |
| 2016-12-31 | RM188.38 Million | +9.52% |
| 2015-12-31 | RM172.00 Million | +10.26% |
| 2014-12-31 | RM156.00 Million | +8.33% |
| 2013-12-31 | RM144.00 Million | +8.27% |
| 2012-12-31 | RM133.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Public Packages Holdings 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 128.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM296.86 Million | 68.93% |
| Common Stock | RM133.79 Million | 31.07% |
| Total Equity | RM430.66 Million | 100.00% |
Public Packages Holdings Bhd Competitors by Market Cap
The table below lists competitors of Public Packages Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
archTIS Limited
OTCQB:ARHLF
|
$11.36 Million |
|
Pelat Timah Nusantara Tbk
JK:NIKL
|
$11.36 Million |
|
Amigo Technology Inc.
TWO:6241
|
$11.36 Million |
|
Sakuma Exports Limited
NSE:SAKUMA
|
$11.36 Million |
|
First Au Ltd
AU:FAU
|
$11.35 Million |
|
AIR INDUSTRIES GR.DL-001
F:YH1
|
$11.35 Million |
|
Les Docks des Pétroles d'Ambès -SA
PA:DPAM
|
$11.35 Million |
|
Sahacogen (Chonburi) Public Company Limited
BK:SCG
|
$11.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Public Packages Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 390,204,000 to 430,658,000, a change of 40,454,000 (10.4%).
- Net income of 40,973,000 contributed positively to equity growth.
- Dividend payments of 999,000 reduced retained earnings.
- Share repurchases of 2,000 reduced equity.
- New share issuances of 2,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM40.97 Million | +9.51% |
| Dividends Paid | RM999.00K | -0.23% |
| Share Repurchases | RM2.00K | -0.0% |
| Share Issuances | RM2.00K | +0.0% |
| Other Changes | RM480.00K | +0.11% |
| Total Change | RM- | 10.37% |
Book Value vs Market Value Analysis
This analysis compares Public Packages Holdings 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: 0.39x
- 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 0.88x to 0.39x 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 | RM0.71 | RM0.63 | x |
| 2017-12-31 | RM0.77 | RM0.63 | x |
| 2018-12-31 | RM0.84 | RM0.63 | x |
| 2019-12-31 | RM0.93 | RM0.63 | x |
| 2020-12-31 | RM1.04 | RM0.63 | x |
| 2021-12-31 | RM1.14 | RM0.63 | x |
| 2022-12-31 | RM1.28 | RM0.63 | x |
| 2023-12-31 | RM1.46 | RM0.63 | x |
| 2024-12-31 | RM1.61 | RM0.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Public Packages Holdings 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): 9.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.82%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.10x
- Recent ROE (9.51%) is above the historical average (9.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.76% | 9.92% | 0.63x | 1.41x | RM-2.33 Million |
| 2017 | 7.61% | 8.74% | 0.61x | 1.43x | RM-4.87 Million |
| 2018 | 8.53% | 9.59% | 0.63x | 1.41x | RM-3.28 Million |
| 2019 | 9.58% | 11.59% | 0.64x | 1.29x | RM-1.04 Million |
| 2020 | 9.92% | 14.25% | 0.56x | 1.24x | RM-210.70K |
| 2021 | 7.85% | 12.03% | 0.54x | 1.21x | RM-6.47 Million |
| 2022 | 11.28% | 17.20% | 0.58x | 1.14x | RM4.36 Million |
| 2023 | 12.43% | 23.14% | 0.49x | 1.09x | RM9.47 Million |
| 2024 | 9.51% | 19.82% | 0.44x | 1.10x | RM-2.09 Million |
Industry Comparison
This section compares Public Packages Holdings Bhd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $166,977,172
- Average return on equity (ROE) among peers: 8.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Public Packages Holdings Bhd (8273) | RM453.81 Million | 8.76% | 0.07x | $11.35 Million |
| HPP Holdings Bhd (0228) | $67.39 Million | 12.22% | 0.57x | $4.91 Million |
| L&P Global Berhad (0268) | $27.88 Million | 35.34% | 1.06x | $2.89 Million |
| DS Sigma Holdings Berhad (0269) | $114.25 Million | 9.64% | 0.15x | $5.12 Million |
| Scientex Bhd (4731) | $450.80 Million | 13.38% | 0.50x | $472.96 Million |
| Versatile Creative Bhd (4995) | $99.00 Million | -2.02% | 0.48x | $14.13 Million |
| Ornapaper Bhd (5065) | $115.00 Million | 6.09% | 0.81x | $3.43 Million |
| BP Plastics Holding Bhd (5100) | $154.00 Million | 6.49% | 0.29x | $8.97 Million |
| Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) | $441.46 Million | -6.48% | 1.12x | $52.74 Million |
| Box Pak (Malaysia) Bhd (6297) | $150.00 Million | 5.33% | 1.08x | $872.08K |
| Master Pack Group Bhd (7029) | $50.00 Million | 2.00% | 0.58x | $3.28 Million |