Public Packages Holdings Bhd (8273) - Net Assets
Based on the latest financial reports, Public Packages Holdings Bhd (8273) has net assets worth RM472.08 Million MYR (≈ $118.52 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM510.43 Million ≈ $128.15 Million USD) and total liabilities (RM38.35 Million ≈ $9.63 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. Check financial resilience of Public Packages Holdings Bhd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM472.08 Million |
| % of Total Assets | 92.49% |
| Annual Growth Rate | 10.24% |
| 5-Year Change | 56.64% |
| 10-Year Change | 150.6% |
| Growth Volatility | 1.74 |
Public Packages Holdings Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Public Packages Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 8273 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Public Packages Holdings Bhd (2012–2025)
The table below shows the annual net assets of Public Packages Holdings Bhd from 2012 to 2025. For live valuation and market cap data, see Public Packages Holdings Bhd (8273) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM472.08 Million ≈ $118.52 Million |
+9.62% |
| 2024-12-31 | RM430.66 Million ≈ $108.12 Million |
+10.37% |
| 2023-12-31 | RM390.20 Million ≈ $97.97 Million |
+14.33% |
| 2022-12-31 | RM341.29 Million ≈ $85.69 Million |
+13.24% |
| 2021-12-31 | RM301.38 Million ≈ $75.67 Million |
+10.26% |
| 2020-12-31 | RM273.34 Million ≈ $68.63 Million |
+10.79% |
| 2019-12-31 | RM246.71 Million ≈ $61.94 Million |
+10.71% |
| 2018-12-31 | RM222.84 Million ≈ $55.95 Million |
+9.25% |
| 2017-12-31 | RM203.97 Million ≈ $51.21 Million |
+8.28% |
| 2016-12-31 | RM188.38 Million ≈ $47.30 Million |
+9.52% |
| 2015-12-31 | RM172.00 Million ≈ $43.18 Million |
+10.26% |
| 2014-12-31 | RM156.00 Million ≈ $39.17 Million |
+8.33% |
| 2013-12-31 | RM144.00 Million ≈ $36.15 Million |
+8.27% |
| 2012-12-31 | RM133.00 Million ≈ $33.39 Million |
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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 160.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM338.29 Million | 71.66% |
| Common Stock | RM133.79 Million | 28.34% |
| Total Equity | RM472.08 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 |
|---|---|
|
Duxton Farms Ltd
AU:DBF
|
$43.20 Million |
|
NAXS Nordic Access Buyout Fund AB
ST:NAXS
|
$43.20 Million |
|
Beshom Holdings Bhd
KLSE:7668
|
$43.20 Million |
|
Panstar Enterprise Co.Ltd
KQ:054300
|
$43.21 Million |
|
Recon Technology Ltd
NASDAQ:RCON
|
$43.17 Million |
|
JNK Heaters Co. Ltd
KQ:126880
|
$43.17 Million |
|
Verusaturk Girisim Sermayesi
IS:VERTU
|
$43.17 Million |
|
Cyan AG
XETRA:CYR
|
$43.14 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 2024 to 2025, total equity changed from 430,658,000 to 472,079,000, a change of 41,421,000 (9.6%).
- Net income of 41,628,000 contributed positively to equity growth.
- Dividend payments of 1,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM41.63 Million | +8.82% |
| Dividends Paid | RM1.00 Million | -0.21% |
| Other Changes | RM793.00K | +0.17% |
| Total Change | RM- | 9.62% |
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: 0.36x
- 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 0.90x to 0.36x 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 | RM0.65 | x |
| 2017-12-31 | RM0.77 | RM0.65 | x |
| 2018-12-31 | RM0.84 | RM0.65 | x |
| 2019-12-31 | RM0.93 | RM0.65 | x |
| 2020-12-31 | RM1.04 | RM0.65 | x |
| 2021-12-31 | RM1.14 | RM0.65 | x |
| 2022-12-31 | RM1.28 | RM0.65 | x |
| 2023-12-31 | RM1.46 | RM0.65 | x |
| 2024-12-31 | RM1.61 | RM0.65 | x |
| 2025-12-31 | RM1.77 | RM0.65 | 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): 8.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.81%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.08x
- Recent ROE (8.82%) is below the historical average (9.43%), 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 | 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 |
| 2025 | 8.82% | 20.81% | 0.39x | 1.08x | RM-5.58 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: $144,352,882
- Average return on equity (ROE) among peers: 12.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Public Packages Holdings Bhd (8273) | RM472.08 Million | 8.76% | 0.08x | $43.19 Million |
| HPP Holdings Bhd (0228) | $67.39 Million | 12.22% | 0.57x | $26.84 Million |
| L&P Global Berhad (0268) | $18.33 Million | 23.96% | 1.33x | $14.75 Million |
| DS Sigma Holdings Berhad (0269) | $28.82 Million | 70.51% | 0.85x | $30.73 Million |
| Scientex Bhd (4731) | $380.92 Million | 12.52% | 0.63x | $1.36 Billion |
| Versatile Creative Bhd (4995) | $40.03 Million | -40.82% | 1.06x | $63.99 Million |
| Ornapaper Bhd (5065) | $115.00 Million | 6.09% | 0.81x | $13.22 Million |
| BP Plastics Holding Bhd (5100) | $167.34 Million | 7.67% | 0.33x | $55.83 Million |
| Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) | $320.00 Million | 8.44% | 0.19x | $45.38 Million |
| Box Pak (Malaysia) Bhd (6297) | $131.00 Million | 14.50% | 0.61x | $7.53 Million |
| Master Pack Group Bhd (7029) | $174.69 Million | 10.41% | 0.18x | $23.31 Million |
About 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