RHB Capital Berhad
RHB Capital is the ultimate holding company for the RHB Banking Group of companies. It has been listed on the Main Market of Bursa Malaysia Securities Berhad since 29 December 1994. The Group is involved in commercial banking, Islamic banking, investment banking, stock broking, leasing, offshore banking, offshore trust services, general insurance, unit trust management, asset management/nominee a… Read more
RHB Capital Berhad (RHBAF) - Net Assets
Latest net assets as of September 2025: $33.68 Billion USD
Based on the latest financial reports, RHB Capital Berhad (RHBAF) has net assets worth $33.68 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($358.24 Billion) and total liabilities ($324.56 Billion). 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 | $33.68 Billion |
| % of Total Assets | 9.4% |
| Annual Growth Rate | 7.74% |
| 5-Year Change | 20.23% |
| 10-Year Change | N/A |
| Growth Volatility | 6.84 |
RHB Capital Berhad - Net Assets Trend (2014–2024)
This chart illustrates how RHB Capital 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 RHB Capital Berhad (2014–2024)
The table below shows the annual net assets of RHB Capital Berhad from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $32.53 Billion | +5.24% |
| 2023-12-31 | $30.91 Billion | +7.46% |
| 2022-12-31 | $28.76 Billion | +2.62% |
| 2021-12-31 | $28.03 Billion | +3.60% |
| 2020-12-31 | $27.06 Billion | +16.70% |
| 2017-12-31 | $23.18 Billion | +6.48% |
| 2016-12-31 | $21.77 Billion | +23.07% |
| 2015-12-31 | $17.69 Billion | +14.63% |
| 2014-12-31 | $15.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to RHB Capital 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 81.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $21.12 Billion | 64.99% |
| Other Components | $11.38 Billion | 35.01% |
| Total Equity | $32.49 Billion | 100.00% |
RHB Capital Berhad Competitors by Market Cap
The table below lists competitors of RHB Capital Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LPIX
PINK:LPIX
|
$11.73K |
|
DNI Metals Inc
PINK:DMNKF
|
$11.73K |
|
IBI Lion SOCIMI S.A.
MC:YIBI
|
$11.74K |
|
Anpario Plc
LSE:ANP
|
$11.75K |
|
ZIL Ltd
KAR:ZIL
|
$11.71K |
|
Wellness Center Usa
PINK:WCUI
|
$11.70K |
|
Cheelcare Inc.
V:CHER
|
$11.70K |
|
Onlineformapro SA
PA:MLONL
|
$11.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RHB Capital Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,874,567,000 to 32,492,219,000, a change of 1,617,652,000 (5.2%).
- Net income of 3,120,211,000 contributed positively to equity growth.
- Dividend payments of 1,368,579,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.12 Billion | +9.6% |
| Dividends Paid | $1.37 Billion | -4.21% |
| Other Changes | $-133.98 Million | -0.41% |
| Total Change | $- | 5.24% |
Book Value vs Market Value Analysis
This analysis compares RHB Capital 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: 0.16x
- 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 |
|---|---|---|---|
| 2020-12-31 | $6.74 | $1.22 | x |
| 2021-12-31 | $6.76 | $1.22 | x |
| 2022-12-31 | $6.76 | $1.22 | x |
| 2023-12-31 | $7.20 | $1.22 | x |
| 2024-12-31 | $7.45 | $1.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RHB Capital 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): 9.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.67%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 10.77x
- Recent ROE (9.60%) is above the historical average (9.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.09% | 38.35% | 0.02x | 13.26x | $323.20 Million |
| 2015 | 9.42% | 28.33% | 0.03x | 12.90x | $-101.81 Million |
| 2016 | 7.73% | 31.57% | 0.02x | 10.88x | $-492.85 Million |
| 2017 | 8.42% | 33.95% | 0.02x | 9.94x | $-364.83 Million |
| 2020 | 7.52% | 27.16% | 0.03x | 10.03x | $-669.85 Million |
| 2021 | 9.35% | 33.41% | 0.03x | 10.34x | $-181.44 Million |
| 2022 | 9.32% | 33.51% | 0.03x | 10.82x | $-194.85 Million |
| 2023 | 9.09% | 35.87% | 0.02x | 10.65x | $-281.23 Million |
| 2024 | 9.60% | 36.67% | 0.02x | 10.77x | $-129.01 Million |
Industry Comparison
This section compares RHB Capital Berhad's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RHB Capital Berhad (RHBAF) | $33.68 Billion | 12.09% | 9.64x | $11.71K |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |