Genting Malaysia Berhad
Genting Malaysia Berhad, together with its subsidiaries, engages in the leisure and hospitality business in Malaysia, the United Kingdom, Egypt, the United States, and the Bahamas. The company operates through Leisure & Hospitality, and Properties segments. It is involved in the integrated resort activities, including gaming, hotels, food and beverages, theme parks, and retail and entertainment a… Read more
Genting Malaysia Berhad (GMALF) - Net Assets
Latest net assets as of September 2025: $-12.24 Billion USD
Based on the latest financial reports, Genting Malaysia Berhad (GMALF) has net assets worth $-12.24 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 ($7.20 Billion) and total liabilities ($19.44 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 | $-12.24 Billion |
| % of Total Assets | -169.91% |
| Annual Growth Rate | 3.59% |
| 5-Year Change | -23.87% |
| 10-Year Change | -42.22% |
| Growth Volatility | 12.3 |
Genting Malaysia Berhad - Net Assets Trend (2005–2024)
This chart illustrates how Genting Malaysia 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 Genting Malaysia Berhad (2005–2024)
The table below shows the annual net assets of Genting Malaysia Berhad from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $11.04 Billion | -8.10% |
| 2023-12-31 | $12.01 Billion | +0.70% |
| 2022-12-31 | $11.93 Billion | -9.99% |
| 2021-12-31 | $13.25 Billion | -8.61% |
| 2020-12-31 | $14.50 Billion | -20.19% |
| 2019-12-31 | $18.17 Billion | +1.21% |
| 2018-12-31 | $17.95 Billion | -6.21% |
| 2017-12-31 | $19.14 Billion | -3.06% |
| 2016-12-31 | $19.75 Billion | +3.34% |
| 2015-12-31 | $19.11 Billion | +17.41% |
| 2014-12-31 | $16.27 Billion | +5.14% |
| 2013-12-31 | $15.48 Billion | +17.64% |
| 2012-12-31 | $13.16 Billion | +10.31% |
| 2011-12-31 | $11.93 Billion | +2.74% |
| 2010-12-31 | $11.61 Billion | +14.44% |
| 2009-12-31 | $10.14 Billion | +21.85% |
| 2008-12-31 | $8.33 Billion | +1.57% |
| 2007-12-31 | $8.20 Billion | +30.99% |
| 2006-12-31 | $6.26 Billion | +10.86% |
| 2005-12-31 | $5.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genting Malaysia 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 902121900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.02 Billion | 75.67% |
| Common Stock | $1.76 Billion | 14.80% |
| Other Comprehensive Income | $2.07 Billion | 17.37% |
| Total Equity | $11.92 Billion | 100.00% |
Genting Malaysia Berhad Competitors by Market Cap
The table below lists competitors of Genting Malaysia Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aerospace Nanhu Electronic Information Technology Co. Ltd. A
SHG:688552
|
$618.81 Million |
|
Beijing Caishikou Department Store Co Ltd
SHG:605599
|
$618.89 Million |
|
Unipar Carbocloro S.A
SA:UNIP3
|
$618.91 Million |
|
China High-Speed Railway Technology
SHE:000008
|
$619.07 Million |
|
GEDUF
PINK:GEDUF
|
$618.67 Million |
|
Zbit Semiconductor Inc. A
SHG:688416
|
$618.20 Million |
|
Beijing Haohua Energy Resource Co Ltd
SHG:601101
|
$618.02 Million |
|
Chengdu M&S Electronics Technology Co Ltd
SHG:688311
|
$617.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genting Malaysia Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,827,500,000 to 11,921,160,000, a change of -906,340,000 (-7.1%).
- Net income of 251,278,000 contributed positively to equity growth.
- Dividend payments of 850,161,000 reduced retained earnings.
- Other comprehensive income decreased equity by 310,900,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $251.28 Million | +2.11% |
| Dividends Paid | $850.16 Million | -7.13% |
| Other Comprehensive Income | $-310.90 Million | -2.61% |
| Other Changes | $3.44 Million | +0.03% |
| Total Change | $- | -7.07% |
Book Value vs Market Value Analysis
This analysis compares Genting Malaysia 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: 0.21x
- 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 0.42x to 0.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $1.03 | $0.44 | x |
| 2006-12-31 | $1.14 | $0.44 | x |
| 2007-12-31 | $1.39 | $0.44 | x |
| 2008-12-31 | $1.44 | $0.44 | x |
| 2009-12-31 | $1.77 | $0.44 | x |
| 2010-12-31 | $2.04 | $0.44 | x |
| 2011-12-31 | $2.10 | $0.44 | x |
| 2012-12-31 | $2.32 | $0.44 | x |
| 2013-12-31 | $2.73 | $0.44 | x |
| 2014-12-31 | $2.87 | $0.44 | x |
| 2015-12-31 | $3.36 | $0.44 | x |
| 2016-12-31 | $3.50 | $0.44 | x |
| 2017-12-31 | $3.40 | $0.44 | x |
| 2018-12-31 | $3.22 | $0.44 | x |
| 2019-12-31 | $3.27 | $0.44 | x |
| 2020-12-31 | $2.64 | $0.44 | x |
| 2021-12-31 | $2.44 | $0.44 | x |
| 2022-12-31 | $2.23 | $0.44 | x |
| 2023-12-31 | $2.26 | $0.44 | x |
| 2024-12-31 | $2.10 | $0.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genting Malaysia 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): 2.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.30%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 2.40x
- Recent ROE (2.11%) is below the historical average (6.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 17.18% | 26.79% | 0.51x | 1.25x | $404.56 Million |
| 2006 | 15.14% | 24.84% | 0.45x | 1.34x | $320.94 Million |
| 2007 | 19.00% | 35.74% | 0.47x | 1.14x | $736.80 Million |
| 2008 | 7.63% | 12.98% | 0.52x | 1.13x | $-197.38 Million |
| 2009 | 13.06% | 26.52% | 0.44x | 1.12x | $309.97 Million |
| 2010 | 11.00% | 23.94% | 0.36x | 1.27x | $115.73 Million |
| 2011 | 11.97% | 16.81% | 0.51x | 1.38x | $235.22 Million |
| 2012 | 10.66% | 17.77% | 0.47x | 1.28x | $86.84 Million |
| 2013 | 10.37% | 19.25% | 0.42x | 1.28x | $57.21 Million |
| 2014 | 7.29% | 14.44% | 0.40x | 1.28x | $-441.73 Million |
| 2015 | 6.59% | 14.98% | 0.31x | 1.44x | $-650.14 Million |
| 2016 | 14.50% | 32.25% | 0.32x | 1.40x | $893.60 Million |
| 2017 | 6.01% | 12.45% | 0.31x | 1.55x | $-772.20 Million |
| 2018 | -0.11% | -0.20% | 0.31x | 1.74x | $-1.84 Billion |
| 2019 | 7.54% | 13.41% | 0.31x | 1.80x | $-454.46 Million |
| 2020 | -15.18% | -49.99% | 0.16x | 1.90x | $-3.75 Billion |
| 2021 | -6.87% | -22.78% | 0.14x | 2.21x | $-2.33 Billion |
| 2022 | -4.12% | -6.04% | 0.30x | 2.27x | $-1.78 Billion |
| 2023 | 3.41% | 4.29% | 0.35x | 2.27x | $-845.95 Million |
| 2024 | 2.11% | 2.30% | 0.38x | 2.40x | $-940.84 Million |
Industry Comparison
This section compares Genting Malaysia Berhad's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $3,859,979,137
- Average return on equity (ROE) among peers: -4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genting Malaysia Berhad (GMALF) | $-12.24 Billion | 17.18% | N/A | $618.70 Million |
| Archon Corporation (ARHN) | $24.65 Million | -30.23% | 8.66x | $132.68K |
| Bally's Corp (BALY) | $211.41 Million | 26.08% | 3.83x | $133.77 Million |
| Bloomberry Resorts Corporation (BLBRF) | $30.29 Billion | 20.05% | 1.40x | $522.71 Million |
| Blue Ridge Real Estate Company (BRRE) | $-708.73K | 0.00% | 0.00x | $8.61 Million |
| Boyd Gaming Corporation (BYD) | $1.11 Billion | 10.52% | 2.51x | $4.44 Billion |
| Banyan Tree Holdings Limited (BYNEF) | $719.75 Million | 1.87% | 1.27x | $195.40K |
| Concorde Gaming Corporation (CGAM) | $1.98 Million | -48.86% | 7.92x | $0.91 |
| Century Casinos Inc (CNTY) | $126.98 Million | -37.80% | 4.36x | $29.64 Million |
| Canterbury Park Holding Corporation (CPHC) | $49.42 Million | 5.50% | 0.32x | $39.22 Million |
| Caesars Entertainment Corporation (CZR) | $6.07 Billion | 8.83% | 2.67x | $3.95 Billion |