Iconic Worldwide Bhd (9113) - Net Assets
Based on the latest financial reports, Iconic Worldwide Bhd (9113) has net assets worth RM181.99 Million MYR (≈ $45.69 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM298.25 Million ≈ $74.88 Million USD) and total liabilities (RM116.25 Million ≈ $29.19 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 Iconic Worldwide Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM181.99 Million |
| % of Total Assets | 61.02% |
| Annual Growth Rate | 4.36% |
| 5-Year Change | 9.14% |
| 10-Year Change | 124.67% |
| Growth Volatility | 22.66 |
Iconic Worldwide Bhd - Net Assets Trend (2013–2025)
This chart illustrates how Iconic Worldwide Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Iconic Worldwide Bhd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Iconic Worldwide Bhd (2013–2025)
The table below shows the annual net assets of Iconic Worldwide Bhd from 2013 to 2025. For live valuation and market cap data, see 9113 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | RM181.99 Million ≈ $45.69 Million |
+2.32% |
| 2024-03-31 | RM177.85 Million ≈ $44.65 Million |
+0.69% |
| 2023-03-31 | RM176.64 Million ≈ $44.35 Million |
-12.11% |
| 2022-03-31 | RM200.97 Million ≈ $50.46 Million |
+20.53% |
| 2021-03-31 | RM166.74 Million ≈ $41.86 Million |
+46.01% |
| 2020-03-31 | RM114.20 Million ≈ $28.67 Million |
+59.03% |
| 2019-03-31 | RM71.81 Million ≈ $18.03 Million |
-14.06% |
| 2018-03-31 | RM83.56 Million ≈ $20.98 Million |
-1.20% |
| 2017-03-31 | RM84.58 Million ≈ $21.23 Million |
+4.42% |
| 2016-03-31 | RM81.00 Million ≈ $20.34 Million |
-10.00% |
| 2015-03-31 | RM90.00 Million ≈ $22.60 Million |
-10.00% |
| 2014-03-31 | RM100.00 Million ≈ $25.11 Million |
-8.26% |
| 2013-03-31 | RM109.00 Million ≈ $27.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Iconic Worldwide 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 214.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM206.50 Million | 113.47% |
| Total Equity | RM181.99 Million | 100.00% |
Iconic Worldwide Bhd Competitors by Market Cap
The table below lists competitors of Iconic Worldwide Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TBH Global Co Ltd
KO:084870
|
$27.53 Million |
|
Proximar Seafood AS
OL:PROXI
|
$27.54 Million |
|
VRX Silica Ltd
AU:VRX
|
$27.56 Million |
|
Excel Force MSC Bhd
KLSE:0065
|
$27.56 Million |
|
Roblon A/S
CO:RBLN-B
|
$27.53 Million |
|
Kyntra Bio, Inc.
NASDAQ:KYNB
|
$27.53 Million |
|
Highest Performances Holdings Inc.
NASDAQ:HPH
|
$27.53 Million |
|
Hamilton Global Opportunities PLC
PA:ALHGO
|
$27.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iconic Worldwide Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 177,853,000 to 181,985,000, a change of 4,132,000 (2.3%).
- Net income of 3,148,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM3.15 Million | +1.73% |
| Other Changes | RM984.00K | +0.54% |
| Total Change | RM- | 2.32% |
Book Value vs Market Value Analysis
This analysis compares Iconic Worldwide 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: 0.60x
- 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 0.17x to 0.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.37 | RM0.07 | x |
| 2018-03-31 | RM0.37 | RM0.07 | x |
| 2019-03-31 | RM0.29 | RM0.07 | x |
| 2020-03-31 | RM0.35 | RM0.07 | x |
| 2021-03-31 | RM0.40 | RM0.07 | x |
| 2022-03-31 | RM0.36 | RM0.07 | x |
| 2023-03-31 | RM0.31 | RM0.07 | x |
| 2024-03-31 | RM0.11 | RM0.07 | x |
| 2025-03-31 | RM0.11 | RM0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iconic Worldwide 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): 1.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.64%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.70x
- Recent ROE (1.73%) is above the historical average (-10.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -6.94% | -13.00% | 0.45x | 1.19x | RM-14.33 Million |
| 2018 | -5.90% | -10.24% | 0.48x | 1.21x | RM-13.29 Million |
| 2019 | -22.35% | -80.14% | 0.24x | 1.16x | RM-23.23 Million |
| 2020 | 7.01% | 33.07% | 0.19x | 1.13x | RM-3.41 Million |
| 2021 | 5.30% | 17.98% | 0.26x | 1.14x | RM-7.83 Million |
| 2022 | 4.77% | 8.96% | 0.31x | 1.73x | RM-10.50 Million |
| 2023 | -13.96% | -28.39% | 0.29x | 1.71x | RM-42.31 Million |
| 2024 | -65.85% | -232.70% | 0.17x | 1.71x | RM-134.89 Million |
| 2025 | 1.73% | 6.64% | 0.15x | 1.70x | RM-15.05 Million |
Industry Comparison
This section compares Iconic Worldwide Bhd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $682,819,460
- Average return on equity (ROE) among peers: -11.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iconic Worldwide Bhd (9113) | RM181.99 Million | -6.94% | 0.64x | $27.53 Million |
| Inix Technologies Holdings Bhd (0094) | $37.62 Million | -22.76% | -0.20x | $3.94 Million |
| Focus Point Holdings Bhd (0157) | $52.80 Million | -2.27% | 1.53x | $80.28 Million |
| Careplus Group Bhd (0163) | $281.07 Million | -9.45% | 0.29x | $14.49 Million |
| LKL International Bhd (0182) | $103.54 Million | -26.55% | 0.59x | $3.41 Million |
| GETS Global Bhd (5079) | $21.19 Million | -86.66% | 3.58x | $19.02 Million |
| Supermax Corporation Bhd (7106) | $4.09 Billion | -3.92% | 0.08x | $253.30 Million |
| Top Glove Corporation Bhd (7113) | $1.12 Billion | 22.43% | 0.23x | $1.63 Billion |
| Kossan Rubber Industries Bhd (7153) | $359.00 Million | 18.57% | 0.92x | $761.76 Million |
| Adventa Bhd (7191) | $81.00 Million | 3.70% | 0.65x | $11.12 Million |
About Iconic Worldwide Bhd
Iconic Worldwide Berhad, an investment holding company, engages in tourism and property businesses in Malaysia, Turkey, Hong Kong, Thailand, Philippines, the Middle East Indonesia, Australia, Thailand, and India.It operates through four segments: Property, Manufacturing, Hospitality services, and Others. The company develops and sells residential, commercial properties and undertakes management o… Read more