Mitrajaya Holdings Bhd
Mitrajaya Holdings Berhad, an investment holding company, engages construction and property development businesses in Malaysia and South Africa. It operates through Construction, Property Development, Investment in South Africa, Plantation, and Others segments. The company constructs high-rise and low-rise residential, commercial, and industrial buildings, as well as institutional buildings for e… Read more
Mitrajaya Holdings Bhd (9571) - Net Assets
Latest net assets as of September 2025: RM730.99 Million MYR
Based on the latest financial reports, Mitrajaya Holdings Bhd (9571) has net assets worth RM730.99 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 (RM1.15 Billion) and total liabilities (RM419.46 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 | RM730.99 Million |
| % of Total Assets | 63.54% |
| Annual Growth Rate | 6.33% |
| 5-Year Change | -1.82% |
| 10-Year Change | 38.93% |
| Growth Volatility | 10.28 |
Mitrajaya Holdings Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Mitrajaya 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 Mitrajaya Holdings Bhd (2012–2024)
The table below shows the annual net assets of Mitrajaya Holdings Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM697.42 Million | +1.75% |
| 2023-12-31 | RM685.41 Million | +1.01% |
| 2022-12-31 | RM678.57 Million | -0.38% |
| 2021-12-31 | RM681.16 Million | -4.11% |
| 2020-12-31 | RM710.36 Million | -0.65% |
| 2019-12-31 | RM714.97 Million | -7.78% |
| 2018-12-31 | RM775.33 Million | +12.75% |
| 2017-12-31 | RM687.67 Million | +11.17% |
| 2016-12-31 | RM618.56 Million | +23.22% |
| 2015-12-31 | RM502.00 Million | +27.09% |
| 2014-12-31 | RM395.00 Million | +12.54% |
| 2013-12-31 | RM351.00 Million | +5.09% |
| 2012-12-31 | RM334.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mitrajaya 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 grown by 21.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM322.84 Million | 46.29% |
| Common Stock | RM402.36 Million | 57.69% |
| Total Equity | RM697.42 Million | 100.00% |
Mitrajaya Holdings Bhd Competitors by Market Cap
The table below lists competitors of Mitrajaya Holdings Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dawson Geophysical Company
NASDAQ:DWSN
|
$30.73 Million |
|
Heimstaden AB Pfd.
ST:HEIM-PREF
|
$30.77 Million |
|
GDH Guangnan (Holdings) Limited
F:GUJB
|
$30.79 Million |
|
Lee Feed Mill Public Company Limited
BK:LEE
|
$30.79 Million |
|
I Jang Industrial Co Ltd
TWO:8342
|
$30.73 Million |
|
SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft
HM:NEP
|
$30.73 Million |
|
K Wave Media Ltd.
NASDAQ:KWM
|
$30.72 Million |
|
Dongyang Expre
KO:084670
|
$30.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mitrajaya Holdings Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 685,406,250 to 697,422,500, a change of 12,016,250 (1.8%).
- Net income of 21,868,830 contributed positively to equity growth.
- Dividend payments of 7,580,210 reduced retained earnings.
- Share repurchases of 213,740 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM21.87 Million | +3.14% |
| Dividends Paid | RM7.58 Million | -1.09% |
| Share Repurchases | RM213.74K | -0.03% |
| Other Changes | RM-2.06 Million | -0.3% |
| Total Change | RM- | 1.75% |
Book Value vs Market Value Analysis
This analysis compares Mitrajaya 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: 0.65x
- 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 |
|---|---|---|---|
| 2016-12-31 | RM0.89 | RM0.60 | x |
| 2017-12-31 | RM0.96 | RM0.60 | x |
| 2018-12-31 | RM0.87 | RM0.60 | x |
| 2019-12-31 | RM0.81 | RM0.60 | x |
| 2020-12-31 | RM0.86 | RM0.60 | x |
| 2021-12-31 | RM0.84 | RM0.60 | x |
| 2022-12-31 | RM0.88 | RM0.60 | x |
| 2023-12-31 | RM0.90 | RM0.60 | x |
| 2024-12-31 | RM0.92 | RM0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mitrajaya 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): 3.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.87%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.50x
- Recent ROE (3.14%) is below the historical average (3.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 19.19% | 12.28% | 0.78x | 2.00x | RM56.83 Million |
| 2017 | 11.68% | 6.90% | 0.84x | 2.03x | RM11.58 Million |
| 2018 | 5.59% | 5.17% | 0.55x | 1.98x | RM-34.22 Million |
| 2019 | -6.56% | -7.81% | 0.46x | 1.82x | RM-118.42 Million |
| 2020 | 1.50% | 2.96% | 0.32x | 1.58x | RM-60.37 Million |
| 2021 | -2.03% | -4.79% | 0.28x | 1.54x | RM-81.93 Million |
| 2022 | 1.09% | 2.85% | 0.25x | 1.51x | RM-60.46 Million |
| 2023 | 2.06% | 4.78% | 0.31x | 1.38x | RM-54.44 Million |
| 2024 | 3.14% | 5.87% | 0.36x | 1.50x | RM-47.87 Million |
Industry Comparison
This section compares Mitrajaya Holdings Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mitrajaya Holdings Bhd (9571) | RM730.99 Million | 19.19% | 0.57x | $30.73 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |