Lay Hong Bhd (9385) - Net Assets

Latest as of March 2026: RM840.99 Million MYR ≈ $211.15 Million USD

Based on the latest financial reports, Lay Hong Bhd (9385) has net assets worth RM840.99 Million MYR (≈ $211.15 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.31 Billion ≈ $328.94 Million USD) and total liabilities (RM469.16 Million ≈ $117.79 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. Also explore how large is Lay Hong Bhd's balance sheet for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets RM840.99 Million
% of Total Assets 64.19%
Annual Growth Rate 15.18%
5-Year Change 92.15%
10-Year Change 192.5%
Growth Volatility 13.13

Lay Hong Bhd - Net Assets Trend (2013–2026)

This chart illustrates how Lay Hong Bhd's net assets have evolved over time, based on quarterly financial data. Check 9385 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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 valuation and market cap data, see market cap of Lay Hong Bhd.

Year Net Assets Change
2026-03-31 RM840.99 Million
≈ $211.15 Million		 +30.65%
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 369.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Retained Earnings RM405.56 Million 48.87%
Other Components RM424.30 Million 51.13%
Total Equity RM829.86 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
Spectral AI Inc.
NASDAQ:MDAI
 $47.57 Million
GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret AS
IS:GSDDE
 $47.57 Million
Bokwang Industry Co Ltd
KQ:225530
 $47.58 Million
Sea & Land Integrated Co
TWO:5603
 $47.58 Million
BitFuFu Inc. Class A Ordinary Shares
NASDAQ:FUFU
 $47.54 Million
OssDsign AB
ST:OSSD
 $47.50 Million
Burberry Group PLC
LSE:BRBY
 $47.49 Million
INITECH Co. Ltd
KQ:053350
 $47.47 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 829,858,000, a change of 186,139,350 (28.9%).
  • Net income of 64,539,000 contributed positively to equity growth.
  • Dividend payments of 3,032,000 reduced retained earnings.
  • New share issuances of 409,000 increased equity.
  • Other factors increased equity by 124,223,350.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income RM64.54 Million +7.78%
Dividends Paid RM3.03 Million -0.37%
Share Issuances RM409.00K +0.05%
Other Changes RM124.22 Million +14.97%
Total Change RM- 28.92%

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: 0.23x
  • 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 0.53x to 0.23x 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 RM0.25 x
2018-03-31 RM0.51 RM0.25 x
2019-03-31 RM0.51 RM0.25 x
2020-03-31 RM0.51 RM0.25 x
2021-03-31 RM0.61 RM0.25 x
2022-03-31 RM0.59 RM0.25 x
2023-03-31 RM0.63 RM0.25 x
2024-03-31 RM0.75 RM0.25 x
2025-03-31 RM0.85 RM0.25 x
2026-03-31 RM1.09 RM0.25 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): 7.78%
  • 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 (7.78%) 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 7.78% 5.74% 0.86x 1.58x RM-18.45 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: $415,667,911
  • Average return on equity (ROE) among peers: -1.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lay Hong Bhd (9385) RM840.99 Million 1.13% 0.56x $47.55 Million
Green Ocean Corporation Bhd (0074) $21.99 Million 8.76% 1.57x $4.77 Million
MAG Holdings Berhad (0095) $601.22 Million -30.43% 0.83x $83.59 Million
Greenyield Bhd (0136) $57.31 Million 4.41% 0.36x $24.35 Million
Heng Huat Resources Group Bhd (0175) $78.95 Million -4.44% 0.93x $48.29 Million
Matang Bhd (0189) $186.58 Million 0.98% 0.01x $44.99 Million
Pinehill Pacific Bhd (1902) $184.30 Million -6.00% -0.03x $17.30 Million
Chin Teck Plantations Bhd (1929) $809.07 Million 13.29% 0.05x $253.70 Million
Kretam Holdings Bhd (1996) $900.00 Million 4.44% 0.20x $386.07 Million
Negri Sembilan Oil Palms Bhd (2038) $608.49 Million 2.97% 0.34x $94.65 Million
TDM Berhad (2054) $708.78 Million -4.16% 1.46x $90.84 Million

About Lay Hong Bhd

KLSE:9385 Malaysia Farm Products
Market Cap
$47.55 Million
RM189.39 Million MYR
Market Cap Rank
#22081 Global
#491 in Malaysia
Share Price
RM0.25
Change (1 day)
+2.04%
52-Week Range
RM0.22 - RM0.32
All Time High
RM0.97
Categories
Companies in Malaysia Farm Products
About

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, chilled and frozen dressed chicken, processed related chicken products, as well as chicken frankfurters and nuggets, fried chi… Read more