PLS Plantations Bhd (9695) - Net Assets

Latest as of March 2026: RM314.85 Million MYR ≈ $79.05 Million USD

Based on the latest financial reports, PLS Plantations Bhd (9695) has net assets worth RM314.85 Million MYR (≈ $79.05 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM467.72 Million ≈ $117.43 Million USD) and total liabilities (RM152.87 Million ≈ $38.38 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. Also explore balance sheet size of PLS Plantations Bhd for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets RM314.85 Million
% of Total Assets 67.32%
Annual Growth Rate 7.14%
5-Year Change 9.56%
10-Year Change -34.37%
Growth Volatility 105.23

PLS Plantations Bhd - Net Assets Trend (2013–2025)

This chart illustrates how PLS Plantations Bhd's net assets have evolved over time, based on quarterly financial data. Check 9695 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for PLS Plantations Bhd (2013–2025)

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

Year Net Assets Change
2025-03-31 RM270.07 Million
≈ $67.81 Million		 +0.52%
2024-03-31 RM268.67 Million
≈ $67.45 Million		 -4.63%
2023-03-31 RM281.73 Million
≈ $70.73 Million		 +2.89%
2022-03-31 RM273.82 Million
≈ $68.75 Million		 +11.08%
2021-03-31 RM246.51 Million
≈ $61.89 Million		 +31.37%
2020-03-31 RM187.64 Million
≈ $47.11 Million		 -3.26%
2019-03-31 RM193.98 Million
≈ $48.70 Million		 +1.67%
2018-03-31 RM190.79 Million
≈ $47.90 Million		 -52.57%
2017-03-31 RM402.22 Million
≈ $100.98 Million		 -2.26%
2016-03-31 RM411.52 Million
≈ $103.32 Million		 -30.01%
2015-03-31 RM588.00 Million
≈ $147.63 Million		 +5.95%
2014-03-31 RM555.00 Million
≈ $139.34 Million		 +370.34%
2013-03-31 RM118.00 Million
≈ $29.63 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to PLS Plantations 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 112.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings RM95.14 Million 35.23%
Common Stock RM173.06 Million 64.08%
Other Components RM1.87 Million 0.69%
Total Equity RM270.07 Million 100.00%

PLS Plantations Bhd Competitors by Market Cap

The table below lists competitors of PLS Plantations Bhd ranked by their market capitalization.

Company Market Cap
Viscount Mining Corp.
V:VML
 $22.08 Million
ODTech Co. Ltd
KQ:080520
 $22.08 Million
Woojin I&S Co Ltd
KO:010400
 $22.08 Million
CLPS INC. DL-0001
F:1UK
 $22.08 Million
ESS Tech Inc
NYSE:GWH
 $22.07 Million
Globlex Holding Management Public Company Limited
BK:GBX
 $22.06 Million
Adler Group SA
XETRA:ADJ
 $22.06 Million
Shradha Infraprojects Limited
NSE:SHRADHA
 $22.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in PLS Plantations Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 268,670,000 to 270,070,000, a change of 1,400,000 (0.5%).
  • Net income of 1,403,000 contributed positively to equity growth.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM1.40 Million +0.52%
Other Changes RM-3.00K -0.0%
Total Change RM- 0.52%

Book Value vs Market Value Analysis

This analysis compares PLS Plantations 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: 0.33x
  • 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 increased from 0.16x to 0.33x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-03-31 RM1.26 RM0.20 x
2017-03-31 RM1.23 RM0.20 x
2018-03-31 RM0.58 RM0.20 x
2019-03-31 RM0.55 RM0.20 x
2020-03-31 RM0.54 RM0.20 x
2021-03-31 RM0.62 RM0.20 x
2022-03-31 RM0.69 RM0.20 x
2023-03-31 RM0.64 RM0.20 x
2024-03-31 RM0.61 RM0.20 x
2025-03-31 RM0.61 RM0.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently PLS Plantations 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): 0.52%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.36%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 1.75x
  • Recent ROE (0.52%) is above the historical average (-1.35%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 -3.06% -36.55% 0.04x 2.07x RM-53.73 Million
2017 -2.06% -11.61% 0.09x 2.04x RM-48.51 Million
2018 3.52% 8.77% 0.18x 2.20x RM-12.36 Million
2019 -7.64% -23.44% 0.15x 2.18x RM-34.21 Million
2020 -3.38% -7.16% 0.21x 2.25x RM-25.10 Million
2021 5.06% 9.25% 0.27x 2.03x RM-12.17 Million
2022 9.97% 14.84% 0.35x 1.91x RM-70.70K
2023 -11.60% -27.63% 0.23x 1.85x RM-60.85 Million
2024 -4.86% -11.37% 0.23x 1.86x RM-39.92 Million
2025 0.52% 1.36% 0.22x 1.75x RM-25.60 Million

Industry Comparison

This section compares PLS Plantations Bhd's net assets metrics with peer companies in the Farm Products industry.

Industry Context

  • Industry: Farm Products
  • Average net assets among peers: $393,884,480
  • Average return on equity (ROE) among peers: -0.70%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
PLS Plantations Bhd (9695) RM314.85 Million -3.06% 0.49x $22.07 Million
Green Ocean Corporation Bhd (0074) $21.99 Million 8.76% 1.57x $4.51 Million
MAG Holdings Berhad (0095) $478.25 Million -22.74% 0.13x $78.81 Million
Greenyield Bhd (0136) $58.03 Million 7.35% 0.46x $24.35 Million
Heng Huat Resources Group Bhd (0175) $75.84 Million 0.06% 1.10x $40.24 Million
Matang Bhd (0189) $226.98 Million 1.81% 0.02x $44.99 Million
Pinehill Pacific Bhd (1902) $124.00 Million -20.97% 2.00x $17.30 Million
Chin Teck Plantations Bhd (1929) $616.00 Million 8.60% 0.02x $260.12 Million
Kretam Holdings Bhd (1996) $900.00 Million 4.44% 0.20x $380.30 Million
Negri Sembilan Oil Palms Bhd (2038) $681.91 Million 6.98% 0.33x $96.06 Million
TDM Berhad (2054) $755.86 Million -1.31% 1.48x $93.00 Million

About PLS Plantations Bhd

KLSE:9695 Malaysia Farm Products
Market Cap
$22.07 Million
RM87.92 Million MYR
Market Cap Rank
#24771 Global
#667 in Malaysia
Share Price
RM0.20
Change (1 day)
-11.11%
52-Week Range
RM0.20 - RM0.48
All Time High
RM1.30
Categories
Companies in Malaysia Farm Products
About

PLS Plantations Berhad, an investment holding company, engages in the management and operation of forest and oil palm plantation in Malaysia, the Republic of China, and Indonesia. It operates through the Plantation, Trading, and Agricultural Services segments. The company is involved in the management and operation of forest plantation, logging, saw milling, chipping, and other downstream manufac… Read more