KKB Engineering Berhad (9466) - Net Assets

Latest as of June 2026: RM570.98 Million MYR ≈ $143.35 Million USD

Based on the latest financial reports, KKB Engineering Berhad (9466) has net assets worth RM570.98 Million MYR (≈ $143.35 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 (RM780.48 Million ≈ $195.95 Million USD) and total liabilities (RM209.50 Million ≈ $52.60 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 9466 strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM570.98 Million
% of Total Assets	73.16%
Annual Growth Rate	3.35%
5-Year Change	1.47%
10-Year Change	42.65%
Growth Volatility	8.26

KKB Engineering Berhad - Net Assets Trend (2012–2025)

This chart illustrates how KKB Engineering Berhad's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see KKB Engineering Berhad (9466) market capitalisation.

Annual Net Assets for KKB Engineering Berhad (2012–2025)

The table below shows the annual net assets of KKB Engineering Berhad from 2012 to 2025. Also explore KKB Engineering Berhad annual equity growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	RM406.93 Million ≈ $102.17 Million	-12.93%
2024-12-31	RM467.35 Million ≈ $117.34 Million	+14.66%
2023-12-31	RM407.61 Million ≈ $102.34 Million	+2.34%
2022-12-31	RM398.30 Million ≈ $100.00 Million	-0.68%
2021-12-31	RM401.03 Million ≈ $100.69 Million	+18.31%
2020-12-31	RM338.95 Million ≈ $85.10 Million	+0.66%
2019-12-31	RM336.73 Million ≈ $84.54 Million	+12.49%
2018-12-31	RM299.36 Million ≈ $75.16 Million	+4.35%
2017-12-31	RM286.87 Million ≈ $72.02 Million	+0.56%
2016-12-31	RM285.26 Million ≈ $71.62 Million	-8.28%
2015-12-31	RM311.00 Million ≈ $78.08 Million	+5.07%
2014-12-31	RM296.00 Million ≈ $74.32 Million	+3.86%
2013-12-31	RM285.00 Million ≈ $71.55 Million	+7.55%
2012-12-31	RM265.00 Million ≈ $66.53 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 34.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM231.68 Million	56.93%
Common Stock	RM175.25 Million	43.07%
Total Equity	RM406.93 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
Holland Colours NV AS:HOLCO	$80.47 Million
Tai Tung Communication Co Ltd TW:8011	$80.50 Million
Oil Terminal C RO:OIL	$80.52 Million
Gopeng Bhd KLSE:2135	$80.54 Million
Finder Energy Holdings Ltd AU:FDR	$80.44 Million
Omer-Decugis & Cie PA:ALODC	$80.42 Million
Ying Han Technology Co Ltd TW:4562	$80.40 Million
Outcrop Gold Corp V:OCG	$80.38 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 2024 to 2025, total equity changed from 413,596,921 to 406,931,270, a change of -6,665,651 (-1.6%).
Net income of 14,988,880 contributed positively to equity growth.
Dividend payments of 21,654,530 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM14.99 Million	+3.68%
Dividends Paid	RM21.65 Million	-5.32%
Other Changes	RM-1.00	-0.0%
Total Change	RM-	-1.61%

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: 0.79x
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 1.00x to 0.79x 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	RM1.11	x
2017-12-31	RM1.11	RM1.11	x
2018-12-31	RM1.16	RM1.11	x
2019-12-31	RM1.31	RM1.11	x
2020-12-31	RM1.31	RM1.11	x
2021-12-31	RM1.39	RM1.11	x
2022-12-31	RM1.38	RM1.11	x
2023-12-31	RM1.41	RM1.11	x
2024-12-31	RM1.43	RM1.11	x
2025-12-31	RM1.41	RM1.11	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): 3.68%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.47%
• Asset Turnover: 0.23x
• Equity Multiplier: 1.90x
Recent ROE (3.68%) is below the historical average (5.31%), suggesting potential challenges in 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
2025	3.68%	8.47%	0.23x	1.90x	RM-25.70 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: $204,435,702
Average return on equity (ROE) among peers: 8.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
KKB Engineering Berhad (9466)	RM570.98 Million	8.63%	0.37x	$80.46 Million
Mestron Holdings (0207)	$95.35 Million	3.37%	0.34x	$23.70 Million
Volcano Bhd (0232)	$67.37 Million	5.02%	0.10x	$11.86 Million
CEKD Bhd (0238)	$77.24 Million	8.35%	0.11x	$14.41 Million
Coraza Integrated Technology Bhd (0240)	$29.25 Million	27.40%	1.03x	$126.94 Million
SFP Tech Holdings Bhd (0251)	$55.08 Million	32.04%	0.66x	$147.63 Million
Wentel Engineering Holdings Berhad (0298)	$67.39 Million	18.41%	0.37x	$75.07 Million
Seremban Engineering Bhd (5163)	$22.89 Million	-21.53%	3.02x	$11.80 Million
Uwc Bhd (5292)	$495.01 Million	8.20%	0.24x	$1.70 Billion
APB Resources Bhd (5568)	$177.00 Million	5.65%	0.21x	$5.14 Million
Kumpulan Perangsang Selangor (5843)	$957.76 Million	2.81%	1.40x	$72.86 Million

About KKB Engineering Berhad

KLSE:9466 Malaysia Metal Fabrication

Market Cap

$80.46 Million

RM320.49 Million MYR

Market Cap Rank

#20131 Global

#375 in Malaysia

Share Price

RM1.11

Change (1 day)

+3.74%

52-Week Range

RM1.03 - RM1.30

All Time High

RM1.96