Multi-Usage Holdings Bhd
Multi-Usage Holdings Berhad, an investment holding company, engages in the property development activities in Malaysia. It operates through Property development, Contracting, and Others segments. It develops commercial and residential properties; undertakes contracting works and project management services for construction projects. The company also trades in furniture, cement products, bricks, s… Read more
Multi-Usage Holdings Bhd (9539) - Net Assets
Latest net assets as of July 2025: RM88.75 Million MYR
Based on the latest financial reports, Multi-Usage Holdings Bhd (9539) has net assets worth RM88.75 Million MYR as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM92.73 Million) and total liabilities (RM3.97 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 | RM88.75 Million |
| % of Total Assets | 95.72% |
| Annual Growth Rate | 6.75% |
| 5-Year Change | 27.85% |
| 10-Year Change | 17.75% |
| Growth Volatility | 14.09 |
Multi-Usage Holdings Bhd - Net Assets Trend (2014–2025)
This chart illustrates how Multi-Usage Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Multi-Usage Holdings Bhd (2014–2025)
The table below shows the annual net assets of Multi-Usage Holdings Bhd from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | RM88.20 Million | +2.42% |
| 2024-04-30 | RM86.12 Million | +5.71% |
| 2023-04-30 | RM81.47 Million | +5.59% |
| 2022-04-30 | RM77.16 Million | +11.84% |
| 2021-04-30 | RM68.99 Million | +8.59% |
| 2020-04-30 | RM63.53 Million | -4.52% |
| 2019-04-30 | RM66.54 Million | -0.78% |
| 2018-04-30 | RM67.06 Million | -8.21% |
| 2017-04-30 | RM73.07 Million | -2.46% |
| 2016-04-30 | RM74.91 Million | -1.44% |
| 2015-12-31 | RM76.00 Million | +20.63% |
| 2015-04-30 | RM63.00 Million | +46.51% |
| 2014-04-30 | RM43.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Multi-Usage Holdings 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 decreased by 20.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM14.78 Million | 16.76% |
| Common Stock | RM73.42 Million | 83.24% |
| Total Equity | RM88.20 Million | 100.00% |
Multi-Usage Holdings Bhd Competitors by Market Cap
The table below lists competitors of Multi-Usage Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JonDeTech Sensors
ST:JDT
|
$2.00 Million |
|
23B
F:23B
|
$2.00 Million |
|
ACCIONA (AJ3.SG)
STU:AJ3
|
$2.00 Million |
|
SACCHERIA F.LLI FRANCES.
F:YV1
|
$2.00 Million |
|
Pegasus Resources Inc
PINK:SLTFF
|
$2.00 Million |
|
AJ Greentech Holdings Ltd
PINK:SUIC
|
$2.00 Million |
|
Basin Uranium Corp
PINK:BURCF
|
$2.00 Million |
|
BriaCell Therapeutics Corp. Warrant expiring 2031
NASDAQ:BCTXL
|
$2.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Multi-Usage Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 86,123,390 to 88,203,930, a change of 2,080,540 (2.4%).
- Net income of 2,080,540 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM2.08 Million | +2.36% |
| Total Change | RM- | 2.42% |
Book Value vs Market Value Analysis
This analysis compares Multi-Usage Holdings 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: 0.24x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-04-30 | RM1.33 | RM0.38 | x |
| 2017-04-30 | RM1.30 | RM0.38 | x |
| 2018-04-30 | RM1.19 | RM0.38 | x |
| 2019-04-30 | RM1.18 | RM0.38 | x |
| 2020-04-30 | RM1.13 | RM0.38 | x |
| 2021-04-30 | RM1.22 | RM0.38 | x |
| 2022-04-30 | RM1.37 | RM0.38 | x |
| 2023-04-30 | RM1.44 | RM0.38 | x |
| 2024-04-30 | RM1.53 | RM0.38 | x |
| 2025-04-30 | RM1.56 | RM0.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Multi-Usage Holdings 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): 2.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.18%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.04x
- Recent ROE (2.36%) is above the historical average (2.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 10.03% | 15.54% | 0.59x | 1.09x | RM25.29K |
| 2017 | -5.19% | -21.83% | 0.22x | 1.06x | RM-11.10 Million |
| 2018 | -8.95% | -93.81% | 0.09x | 1.06x | RM-12.71 Million |
| 2019 | -0.79% | -4.35% | 0.17x | 1.04x | RM-7.18 Million |
| 2020 | -4.73% | -72.95% | 0.06x | 1.07x | RM-9.36 Million |
| 2021 | 7.91% | 26.77% | 0.28x | 1.07x | RM-1.44 Million |
| 2022 | 10.58% | 40.27% | 0.24x | 1.08x | RM450.71K |
| 2023 | 5.29% | 30.31% | 0.17x | 1.05x | RM-3.84 Million |
| 2024 | 5.40% | 40.22% | 0.13x | 1.03x | RM-3.96 Million |
| 2025 | 2.36% | 19.18% | 0.12x | 1.04x | RM-6.74 Million |
Industry Comparison
This section compares Multi-Usage Holdings Bhd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $565,025,416
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Multi-Usage Holdings Bhd (9539) | RM88.75 Million | 10.03% | 0.04x | $2.00 Million |
| Vinvest Capital Holdings Bhd (0069) | $581.54 Million | 0.67% | 0.36x | $2.71 Million |
| Gagasan Nadi Cergas Berhad (0206) | $442.13 Million | -0.76% | 1.23x | $7.59 Million |
| Vestland Berhad (0273) | $46.45 Million | 22.90% | 2.63x | $15.49 Million |
| KTI (0308) | $127.30 Million | 12.27% | 0.83x | $5.35 Million |
| Global Oriental Bhd (1147) | $255.86 Million | 5.65% | 2.56x | $4.63 Million |
| GuocoLand (Malaysia) Bhd (1503) | $892.00 Million | 4.71% | 1.18x | $21.92 Million |
| Symphony Life Bhd (1538) | $916.62 Million | -0.87% | 0.32x | $11.92 Million |
| Iskandar Waterfront City Bhd (1589) | $812.33 Million | 5.62% | 1.19x | $27.36 Million |
| Paramount Corporation Bhd (1724) | $727.00 Million | 7.43% | 0.79x | $69.73 Million |
| Selangor Dredging Bhd (2224) | $849.02 Million | 2.88% | 0.71x | $9.77 Million |