Lay Hong Bhd (9385) - Net Assets

Latest as of September 2025: RM680.87 Million MYR ≈ $170.94 Million USD

Based on the latest financial reports, Lay Hong Bhd (9385) has net assets worth RM680.87 Million MYR (≈ $170.94 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 (RM1.13 Billion ≈ $283.72 Million USD) and total liabilities (RM449.20 Million ≈ $112.78 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 9385 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets RM680.87 Million
% of Total Assets 60.25%
Annual Growth Rate 13.97%
5-Year Change 58.81%
10-Year Change 166.02%
Growth Volatility 12.93

Lay Hong Bhd - Net Assets Trend (2013–2025)

This chart illustrates how Lay Hong Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Lay Hong Bhd (9385) total assets for the complete picture of this company's asset base.

Annual Net Assets for Lay Hong Bhd (2013–2025)

The table below shows the annual net assets of Lay Hong Bhd from 2013 to 2025. For live valuation and market cap data, see market cap of Lay Hong Bhd.

Year Net Assets Change
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 436.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings RM463.38 Million 71.99%
Common Stock RM180.34 Million 28.01%
Total Equity RM643.72 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
180 Degree Capital Corp
NASDAQ:TURN
 $49.60 Million
Ewein Bhd
KLSE:7249
 $49.60 Million
Howden Joinery Group Plc
LSE:HWDN
 $49.62 Million
360 Capital Group
AU:TGP
 $49.64 Million
Tunas Alfin Tbk
JK:TALF
 $49.57 Million
Unimech Group Bhd
KLSE:7091
 $49.56 Million
Dinamik Isi Makina Yalitim Malzemeleri Sanayi ve Ticaret AS
IS:DNISI
 $49.56 Million
Suparma Tbk
JK:SPMA
 $49.49 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 2024 to 2025, total equity changed from 559,405,527 to 643,718,650, a change of 84,313,123 (15.1%).
  • Net income of 86,829,880 contributed positively to equity growth.
  • Dividend payments of 6,042,260 reduced retained earnings.
  • Share repurchases of 3,562,940 reduced equity.
  • New share issuances of 3,563,000 increased equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM86.83 Million +13.49%
Dividends Paid RM6.04 Million -0.94%
Share Repurchases RM3.56 Million -0.55%
Share Issuances RM3.56 Million +0.55%
Other Changes RM3.53 Million +0.55%
Total Change RM- 15.07%

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: 0.31x
  • 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 0.55x to 0.31x 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 RM0.26 x
2018-03-31 RM0.51 RM0.26 x
2019-03-31 RM0.51 RM0.26 x
2020-03-31 RM0.51 RM0.26 x
2021-03-31 RM0.61 RM0.26 x
2022-03-31 RM0.59 RM0.26 x
2023-03-31 RM0.63 RM0.26 x
2024-03-31 RM0.75 RM0.26 x
2025-03-31 RM0.85 RM0.26 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): 13.49%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.09%
  • • Asset Turnover: 0.98x
  • • Equity Multiplier: 1.71x
  • Recent ROE (13.49%) is above the historical average (5.48%), 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

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: $507,870,634
  • Average return on equity (ROE) among peers: 3.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lay Hong Bhd (9385) RM680.87 Million 1.13% 0.66x $49.57 Million
Green Ocean Corporation Bhd (0074) $20.36 Million 1.37% 1.88x $3.98 Million
MAG Holdings Berhad (0095) $816.10 Million 4.21% 0.49x $76.43 Million
Greenyield Bhd (0136) $57.31 Million 4.41% 0.36x $25.74 Million
Heng Huat Resources Group Bhd (0175) $189.27 Million 14.09% 0.33x $28.17 Million
Matang Bhd (0189) $226.98 Million 1.81% 0.02x $44.99 Million
Pinehill Pacific Bhd (1902) $199.23 Million -4.96% 0.01x $17.30 Million
Chin Teck Plantations Bhd (1929) $1.09 Billion 18.36% 0.06x $252.32 Million
Kretam Holdings Bhd (1996) $924.00 Million -0.54% 0.28x $391.83 Million
Negri Sembilan Oil Palms Bhd (2038) $466.00 Million 3.86% 0.10x $94.82 Million
TDM Berhad (2054) $1.09 Billion -6.87% 0.97x $93.00 Million

About Lay Hong Bhd

KLSE:9385 Malaysia Farm Products
Market Cap
$49.57 Million
RM197.46 Million MYR
Market Cap Rank
#21993 Global
#487 in Malaysia
Share Price
RM0.26
Change (1 day)
+0.00%
52-Week Range
RM0.26 - RM0.34
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