Lay Hong Bhd Net Assets
Lay Hong Bhd net assets. Based on the latest financial reports, Lay Hong Bhd (9385) has net assets worth RM851.35 Million MYR (≈ $213.75 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.34 Billion ≈ $336.74 Million USD) and total liabilities (RM489.87 Million ≈ $122.99 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. See Lay Hong Bhd balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM851.35 Million |
| % of Total Assets | 63.48% |
| Annual Growth Rate | 15.18% |
| 5-Year Change | 92.14% |
| 10-Year Change | 192.48% |
| Growth Volatility | 13.13 |
Net Assets of Lay Hong Bhd (2013–2026)
Net assets of Lay Hong Bhd from 2013 to 2026. This chart illustrates how Lay Hong Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 9385 net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Lay Hong Bhd (2013–2026)
The table below shows the annual net assets of Lay Hong Bhd from 2013 to 2026. For live market cap and overall valuation, see Lay Hong Bhd (9385) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | RM840.92 Million ≈ $211.13 Million |
+30.64% |
| 2025-03-31 | RM643.72 Million ≈ $161.62 Million |
+12.74% |
| 2024-03-31 | RM570.99 Million ≈ $143.36 Million |
+23.35% |
| 2023-03-31 | RM462.92 Million ≈ $116.22 Million |
+5.77% |
| 2022-03-31 | RM437.67 Million ≈ $109.88 Million |
+7.98% |
| 2021-03-31 | RM405.34 Million ≈ $101.77 Million |
+21.28% |
| 2020-03-31 | RM334.21 Million ≈ $83.91 Million |
-0.38% |
| 2019-03-31 | RM335.48 Million ≈ $84.23 Million |
+4.96% |
| 2018-03-31 | RM319.63 Million ≈ $80.25 Million |
+11.17% |
| 2017-03-31 | RM287.52 Million ≈ $72.19 Million |
+18.82% |
| 2016-03-31 | RM241.98 Million ≈ $60.75 Million |
+51.24% |
| 2015-03-31 | RM160.00 Million ≈ $40.17 Million |
+11.89% |
| 2014-03-31 | RM143.00 Million ≈ $35.90 Million |
+6.72% |
| 2013-03-31 | RM134.00 Million ≈ $33.64 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Lay Hong 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 369.6% over the analyzed period, indicating profitable operations and earnings retention.
Lay Hong Bhd Net Assets Breakdown (March 2026)
Lay Hong Bhd net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM405.38 Million | 48.85% |
| Other Components | RM424.41 Million | 51.15% |
| Total Equity | RM829.79 Million | 100.00% |
Lay Hong Bhd Competitors by Market Cap
The table below lists competitors of Lay Hong Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Woongjin Thinkbig Co Ltd
KO:095720
|
$42.82 Million |
|
Elastron S.A. - Steel Service Centers
AT:ELSTR
|
$42.82 Million |
|
Vraj Iron and Steel Ltd
NSE:VRAJ
|
$42.86 Million |
|
AXIOS Sustainable Growth
NYSE:AXAC
|
$42.88 Million |
|
Intchains Group Limited American Depositary Shares
NASDAQ:ICG
|
$42.79 Million |
|
Mobileleader Co.Ltd
KQ:100030
|
$42.77 Million |
|
Fuel Tech Inc
NASDAQ:FTEK
|
$42.77 Million |
|
Fractal Gaming Group AB
ST:FRACTL
|
$42.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lay Hong Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 643,718,650 to 829,789,927, a change of 186,071,277 (28.9%).
- Net income of 64,508,930 contributed positively to equity growth.
- Dividend payments of 3,032,403 reduced retained earnings.
- New share issuances of 408,159 increased equity.
- Other factors increased equity by 124,186,591.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM64.51 Million | +7.77% |
| Dividends Paid | RM3.03 Million | -0.37% |
| Share Issuances | RM408.16K | +0.05% |
| Other Changes | RM124.19 Million | +14.97% |
| Total Change | RM- | 28.91% |
Book Value vs Market Value Analysis
This analysis compares Lay Hong 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: 0.21x
- 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 0.48x to 0.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | RM0.47 | RM0.23 | x |
| 2018-03-31 | RM0.51 | RM0.23 | x |
| 2019-03-31 | RM0.51 | RM0.23 | x |
| 2020-03-31 | RM0.51 | RM0.23 | x |
| 2021-03-31 | RM0.61 | RM0.23 | x |
| 2022-03-31 | RM0.59 | RM0.23 | x |
| 2023-03-31 | RM0.63 | RM0.23 | x |
| 2024-03-31 | RM0.75 | RM0.23 | x |
| 2025-03-31 | RM0.85 | RM0.23 | x |
| 2026-03-31 | RM1.09 | RM0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lay Hong 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): 7.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.74%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.58x
- Recent ROE (7.77%) is above the historical average (5.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.13% | 0.42% | 1.17x | 2.28x | RM-21.47 Million |
| 2017 | 6.35% | 2.70% | 1.08x | 2.18x | RM-10.50 Million |
| 2018 | 8.57% | 3.23% | 1.06x | 2.49x | RM-4.56 Million |
| 2019 | 2.17% | 0.91% | 0.97x | 2.45x | RM-26.28 Million |
| 2020 | 1.02% | 0.40% | 0.98x | 2.57x | RM-30.02 Million |
| 2021 | 0.79% | 0.34% | 0.98x | 2.33x | RM-37.35 Million |
| 2022 | -0.92% | -0.42% | 1.01x | 2.17x | RM-47.80 Million |
| 2023 | 6.07% | 2.63% | 1.12x | 2.06x | RM-18.18 Million |
| 2024 | 16.13% | 8.65% | 0.99x | 1.88x | RM34.31 Million |
| 2025 | 13.49% | 8.09% | 0.98x | 1.71x | RM22.46 Million |
| 2026 | 7.77% | 5.74% | 0.86x | 1.58x | RM-18.47 Million |
Industry Comparison
This section compares Lay Hong Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $389,105,457
- Average return on equity (ROE) among peers: -0.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lay Hong Bhd (9385) | RM851.35 Million | 1.13% | 0.58x | $42.79 Million |
| Green Ocean Corporation Bhd (0074) | $20.07 Million | -37.43% | 0.89x | $3.45 Million |
| MAG Holdings Berhad (0095) | $489.14 Million | 17.38% | 0.19x | $76.43 Million |
| Greenyield Bhd (0136) | $55.87 Million | 0.40% | 0.39x | $20.87 Million |
| Heng Huat Resources Group Bhd (0175) | $75.84 Million | 0.06% | 1.10x | $30.85 Million |
| Matang Bhd (0189) | $246.20 Million | 1.30% | 0.02x | $41.99 Million |
| Pinehill Pacific Bhd (1902) | $171.00 Million | 0.00% | 1.26x | $17.30 Million |
| Chin Teck Plantations Bhd (1929) | $672.62 Million | 4.77% | 0.05x | $245.44 Million |
| Kretam Holdings Bhd (1996) | $919.00 Million | 1.63% | 0.28x | $374.54 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $553.54 Million | 0.56% | 0.33x | $92.53 Million |
| TDM Berhad (2054) | $687.78 Million | 1.63% | 1.48x | $86.51 Million |
About Lay Hong Bhd
Lay Hong Berhad, an investment holding company, engages in the integrated livestock farming in Malaysia. The company operates through Integrated Livestock Farming, Food Manufacturing, and Retail Business segments. It also offers table eggs, liquid eggs, chicken and parts, air-chilled and frozen dressed chicken, processed related chicken products, as well as chicken frankfurters and nuggets, fried… Read more