KKB Engineering Berhad
KKB Engineering Berhad, together with its subsidiaries, engages in the steel fabrication, civil construction, hot dip galvanizing, and LP gas cylinders manufacturing businesses in Malaysia. The company supplies, fabricates, and installs steel structures, piping and ducting, steel storage tanks, and other special fabricated items; fabricates transmission and communication towers, cable ladders, in… Read more
KKB Engineering Berhad (9466) - Net Assets
Latest net assets as of September 2025: RM399.73 Million MYR
Based on the latest financial reports, KKB Engineering Berhad (9466) has net assets worth RM399.73 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 (RM776.71 Million) and total liabilities (RM376.97 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 | RM399.73 Million |
| % of Total Assets | 51.47% |
| Annual Growth Rate | 4.84% |
| 5-Year Change | 37.88% |
| 10-Year Change | 50.27% |
| Growth Volatility | 7.0 |
KKB Engineering Berhad - Net Assets Trend (2012–2024)
This chart illustrates how KKB Engineering Berhad's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KKB Engineering Berhad (2012–2024)
The table below shows the annual net assets of KKB Engineering Berhad from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM467.35 Million | +14.66% |
| 2023-12-31 | RM407.61 Million | +2.34% |
| 2022-12-31 | RM398.30 Million | -0.68% |
| 2021-12-31 | RM401.03 Million | +18.31% |
| 2020-12-31 | RM338.95 Million | +0.66% |
| 2019-12-31 | RM336.73 Million | +12.49% |
| 2018-12-31 | RM299.36 Million | +4.35% |
| 2017-12-31 | RM286.87 Million | +0.56% |
| 2016-12-31 | RM285.26 Million | -8.28% |
| 2015-12-31 | RM311.00 Million | +5.07% |
| 2014-12-31 | RM296.00 Million | +3.86% |
| 2013-12-31 | RM285.00 Million | +7.55% |
| 2012-12-31 | RM265.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KKB Engineering Berhad'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 38.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM238.34 Million | 57.63% |
| Common Stock | RM175.25 Million | 42.37% |
| Other Components | RM1.00 | 0.00% |
| Total Equity | RM413.60 Million | 100.00% |
KKB Engineering Berhad Competitors by Market Cap
The table below lists competitors of KKB Engineering Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unirea Shopping Center SA
RO:SCDM
|
$10.53 Million |
|
3REN Berhad
KLSE:0328
|
$10.53 Million |
|
Lode Resources Ltd
AU:LDR
|
$10.53 Million |
|
Tong-Hwa Synthetic Fiber Co Ltd
TW:1418
|
$10.53 Million |
|
PopReach Corporation
OTCQX:INIKF
|
$10.53 Million |
|
Vivien Corp
KO:002070
|
$10.53 Million |
|
California Nanotechnologies Corp
PINK:CANOF
|
$10.52 Million |
|
9FS1
F:9FS1
|
$10.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KKB Engineering Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 407,605,840 to 413,596,921, a change of 5,991,081 (1.5%).
- Net income of 26,201,970 contributed positively to equity growth.
- Dividend payments of 20,210,890 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM26.20 Million | +6.34% |
| Dividends Paid | RM20.21 Million | -4.89% |
| Other Changes | RM1.00 | +0.0% |
| Total Change | RM- | 1.47% |
Book Value vs Market Value Analysis
This analysis compares KKB Engineering Berhad'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: 0.82x
- 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 1.07x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.11 | RM1.18 | x |
| 2017-12-31 | RM1.11 | RM1.18 | x |
| 2018-12-31 | RM1.16 | RM1.18 | x |
| 2019-12-31 | RM1.31 | RM1.18 | x |
| 2020-12-31 | RM1.31 | RM1.18 | x |
| 2021-12-31 | RM1.39 | RM1.18 | x |
| 2022-12-31 | RM1.38 | RM1.18 | x |
| 2023-12-31 | RM1.41 | RM1.18 | x |
| 2024-12-31 | RM1.43 | RM1.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KKB Engineering Berhad 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): 6.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.13%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.99x
- Recent ROE (6.34%) is above the historical average (5.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 8.63% | 20.31% | 0.38x | 1.11x | RM-4.14 Million |
| 2016 | -2.03% | -5.61% | 0.31x | 1.16x | RM-34.31 Million |
| 2017 | 0.56% | 0.77% | 0.58x | 1.25x | RM-27.08 Million |
| 2018 | 5.89% | 4.28% | 0.81x | 1.70x | RM-12.29 Million |
| 2019 | 14.16% | 8.53% | 1.02x | 1.63x | RM14.01 Million |
| 2020 | 5.22% | 4.34% | 0.73x | 1.64x | RM-16.20 Million |
| 2021 | 6.49% | 6.65% | 0.76x | 1.29x | RM-14.07 Million |
| 2022 | 2.94% | 3.03% | 0.70x | 1.38x | RM-28.12 Million |
| 2023 | 6.53% | 5.65% | 0.73x | 1.58x | RM-14.13 Million |
| 2024 | 6.34% | 4.13% | 0.77x | 1.99x | RM-15.16 Million |
Industry Comparison
This section compares KKB Engineering Berhad's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $102,489,553
- Average return on equity (ROE) among peers: 5.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KKB Engineering Berhad (9466) | RM399.73 Million | 8.63% | 0.94x | $10.53 Million |
| Mestron Holdings (0207) | $133.18 Million | 8.22% | 0.51x | $13.22 Million |
| Volcano Bhd (0232) | $67.65 Million | 7.07% | 0.10x | $2.97 Million |
| CEKD Bhd (0238) | $37.51 Million | 16.10% | 0.45x | $2.22 Million |
| Coraza Integrated Technology Bhd (0240) | $24.62 Million | 14.02% | 0.86x | $22.53 Million |
| SFP Tech Holdings Bhd (0251) | $197.22 Million | 19.84% | 0.48x | $15.02 Million |
| Wentel Engineering Holdings Berhad (0298) | $67.39 Million | 18.41% | 0.37x | $15.04 Million |
| Chemlite Innovation Berhad (0348) | $10.17 Million | 88.53% | 2.12x | $7.81 Million |
| Seremban Engineering Bhd (5163) | $25.52 Million | -141.72% | 3.68x | $1.36 Million |
| Uwc Bhd (5292) | $304.78 Million | 30.03% | 0.18x | $374.15 Million |
| APB Resources Bhd (5568) | $156.86 Million | -0.79% | 0.07x | $2.25 Million |