Perak Corporation Bhd
Perak Corporation Berhad, together with its subsidiaries, engages in ports and logistics, property development, hospitality and tourism, and management services businesses in Malaysia. The company offers integrated port services, such as tuggage, pilotage, berthing, stevedoring, cargo handling, storage, and ancillary services. It also develops an integrated privatized project; operates multipurpo… Read more
Perak Corporation Bhd (8346) - Net Assets
Latest net assets as of September 2025: RM98.66 Million MYR
Based on the latest financial reports, Perak Corporation Bhd (8346) has net assets worth RM98.66 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 (RM674.47 Million) and total liabilities (RM575.81 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 | RM98.66 Million |
| % of Total Assets | 14.63% |
| Annual Growth Rate | -13.54% |
| 5-Year Change | 6.97% |
| 10-Year Change | -85.26% |
| Growth Volatility | 20.09 |
Perak Corporation Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Perak Corporation 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 Perak Corporation Bhd (2012–2024)
The table below shows the annual net assets of Perak Corporation Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM97.85 Million | +2.93% |
| 2023-12-31 | RM95.07 Million | +3.10% |
| 2022-12-31 | RM92.21 Million | +16.94% |
| 2021-12-31 | RM78.85 Million | -13.80% |
| 2020-12-31 | RM91.47 Million | -51.00% |
| 2019-12-31 | RM186.69 Million | -30.78% |
| 2018-12-31 | RM269.72 Million | -28.44% |
| 2017-12-31 | RM376.93 Million | -32.84% |
| 2016-12-31 | RM561.21 Million | -15.48% |
| 2015-12-31 | RM664.00 Million | +2.00% |
| 2014-12-31 | RM651.00 Million | +8.50% |
| 2013-12-31 | RM600.00 Million | +6.95% |
| 2012-12-31 | RM561.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Perak Corporation 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 157.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM272.77 Million | 278.75% |
| Total Equity | RM97.85 Million | 100.00% |
Perak Corporation Bhd Competitors by Market Cap
The table below lists competitors of Perak Corporation Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green Shift Commodities Ltd.
OTCQB:GRCMF
|
$2.36 Million |
|
Prime Road Power Public Company Limited
BK:PRIME
|
$2.36 Million |
|
Patkol Public Company Limited
BK:PK
|
$2.36 Million |
|
Graf Industrial Corp. Warrants (each warrant exercisable for one-half of one share of common stock each at an exercise price of $11.50 per share)
NASDAQ:GRAF-WT
|
$2.36 Million |
|
Sipa Resources Ltd
AU:SRI
|
$2.36 Million |
|
Vivid Games S.A
WAR:VVD
|
$2.36 Million |
|
Cebu Air Inc
PINK:CEBUF
|
$2.36 Million |
|
Terreno Resources Corp
V:TNO-H
|
$2.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Perak Corporation Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 95,067,000 to 97,853,000, a change of 2,786,000 (2.9%).
- Net income of 2,786,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.79 Million | +2.85% |
| Total Change | RM- | 2.93% |
Book Value vs Market Value Analysis
This analysis compares Perak Corporation 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: 0.50x
- 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 0.09x to 0.50x 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 | RM5.61 | RM0.49 | x |
| 2017-12-31 | RM3.77 | RM0.49 | x |
| 2018-12-31 | RM2.70 | RM0.49 | x |
| 2019-12-31 | RM1.87 | RM0.49 | x |
| 2020-12-31 | RM0.91 | RM0.49 | x |
| 2021-12-31 | RM0.79 | RM0.49 | x |
| 2022-12-31 | RM0.92 | RM0.49 | x |
| 2023-12-31 | RM0.95 | RM0.49 | x |
| 2024-12-31 | RM0.98 | RM0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Perak Corporation 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): 2.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.81%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 6.04x
- Recent ROE (2.85%) is above the historical average (-21.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 13.89% | 57.97% | 0.18x | 1.31x | RM22.41 Million |
| 2016 | -2.78% | -10.62% | 0.12x | 2.11x | RM-71.70 Million |
| 2017 | -46.42% | -94.17% | 0.17x | 2.87x | RM-212.65 Million |
| 2018 | -39.75% | -65.29% | 0.19x | 3.18x | RM-134.18 Million |
| 2019 | -44.47% | -55.47% | 0.20x | 3.98x | RM-101.70 Million |
| 2020 | -104.09% | -72.56% | 0.18x | 7.95x | RM-104.36 Million |
| 2021 | -16.01% | -5.15% | 0.45x | 6.97x | RM-20.51 Million |
| 2022 | 14.49% | 8.97% | 0.28x | 5.71x | RM4.14 Million |
| 2023 | 3.01% | 1.78% | 0.30x | 5.68x | RM-6.65 Million |
| 2024 | 2.85% | 1.81% | 0.26x | 6.04x | RM-7.00 Million |
Industry Comparison
This section compares Perak Corporation Bhd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $2,593,063,042
- Average return on equity (ROE) among peers: -91.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Perak Corporation Bhd (8346) | RM98.66 Million | 13.89% | 5.84x | $2.36 Million |
| MISC Bhd (3816) | $18.44 Billion | 15.31% | 0.50x | $3.72 Billion |
| Bintulu Port Holdings Bhd (5032) | $1.69 Billion | 21.49% | 0.87x | $134.22 Million |
| Malaysian Bulk Carriers Bhd (5077) | $487.05 Million | 19.13% | 0.31x | $26.44 Million |
| Sealink International Bhd (5145) | $216.54 Million | -1.76% | 0.51x | $14.21 Million |
| Shin Yang Shipping Corporation Bhd (5173) | $1.16 Billion | 0.46% | 0.55x | $25.55 Million |
| EA Technique M Bhd (5259) | $17.46 Million | -862.63% | 31.10x | $18.76 Million |
| PDZ Holdings Bhd (6254) | $53.87 Million | -21.97% | 0.17x | $1.86 Million |
| Suria Capital Holdings Bhd (6521) | $1.11 Billion | 2.98% | 0.24x | $40.92 Million |
| HUBLine Bhd (7013) | $169.06 Million | 7.01% | 1.03x | $15.16 Million |