Keppel Corporation Limited
Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity businesses in Singapore, China, Hong Kong, other Far East and ASEAN countries, and internationally. The company manages private funds and listed real estate investment and business trusts in areas of infrastructure, real estate, and connectivity; provides energy and environmental solutions and… Read more
Keppel Corporation Limited (KPELY) - Net Assets
Latest net assets as of December 2025: $11.19 Billion USD
Based on the latest financial reports, Keppel Corporation Limited (KPELY) has net assets worth $11.19 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.09 Billion) and total liabilities ($15.90 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 | $11.19 Billion |
| % of Total Assets | 41.3% |
| Annual Growth Rate | 4.35% |
| 5-Year Change | -10.09% |
| 10-Year Change | -9.3% |
| Growth Volatility | 11.11 |
Keppel Corporation Limited - Net Assets Trend (2001–2025)
This chart illustrates how Keppel Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Keppel Corporation Limited (2001–2025)
The table below shows the annual net assets of Keppel Corporation Limited from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $11.19 Billion | -2.10% |
| 2024-12-31 | $11.43 Billion | +3.71% |
| 2023-12-31 | $11.02 Billion | -7.53% |
| 2022-12-31 | $11.91 Billion | -4.24% |
| 2021-12-31 | $12.44 Billion | +11.52% |
| 2020-12-31 | $11.16 Billion | -4.21% |
| 2019-12-31 | $11.65 Billion | +0.51% |
| 2018-12-31 | $11.59 Billion | -3.12% |
| 2017-12-31 | $11.96 Billion | -3.03% |
| 2016-12-31 | $12.33 Billion | +3.42% |
| 2015-12-31 | $11.93 Billion | -19.02% |
| 2014-12-31 | $14.73 Billion | +7.59% |
| 2013-12-31 | $13.69 Billion | +0.82% |
| 2012-12-31 | $13.58 Billion | +21.33% |
| 2011-12-31 | $11.19 Billion | +15.09% |
| 2010-12-31 | $9.72 Billion | +11.61% |
| 2009-12-31 | $8.71 Billion | +29.10% |
| 2008-12-31 | $6.75 Billion | -4.08% |
| 2007-12-31 | $7.04 Billion | +25.68% |
| 2006-12-31 | $5.60 Billion | +13.44% |
| 2005-12-31 | $4.93 Billion | +16.13% |
| 2004-12-31 | $4.25 Billion | +7.33% |
| 2003-12-31 | $3.96 Billion | +2.24% |
| 2002-12-31 | $3.87 Billion | -3.74% |
| 2001-12-31 | $4.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Keppel Corporation Limited'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.31 Billion | 12.02% |
| Other Comprehensive Income | $-1.19 Billion | -10.92% |
| Other Components | $10.74 Billion | 98.90% |
| Total Equity | $10.86 Billion | 100.00% |
Keppel Corporation Limited Competitors by Market Cap
The table below lists competitors of Keppel Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Equity Lifestyle Properties Inc
NYSE:ELS
|
$13.03 Billion |
|
Assa Abloy AB
PINK:ASAZY
|
$13.04 Billion |
|
Hasbro Inc
NASDAQ:HAS
|
$13.05 Billion |
|
Wiwynn Corp
TW:6669
|
$13.05 Billion |
|
Rivian Automotive Inc
NASDAQ:RIVN
|
$12.99 Billion |
|
Hecla Mining Company
NYSE:HL
|
$12.99 Billion |
|
Koc Holdings AS
PINK:KHOLY
|
$12.97 Billion |
|
Adani Ports and Special Economic Zone Limited
NSE:ADANIPORTS
|
$12.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keppel Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,155,718,000 to 10,864,113,000, a change of -291,605,000 (-2.6%).
- Net income of 800,108,000 contributed positively to equity growth.
- Dividend payments of 607,092,802 reduced retained earnings.
- Share repurchases of 114,140,972 reduced equity.
- Other comprehensive income decreased equity by 634,394,365.
- Other factors increased equity by 263,915,139.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $800.11 Million | +7.36% |
| Dividends Paid | $607.09 Million | -5.59% |
| Share Repurchases | $114.14 Million | -1.05% |
| Other Comprehensive Income | $-634.39 Million | -5.84% |
| Other Changes | $263.92 Million | +2.43% |
| Total Change | $- | -2.61% |
Book Value vs Market Value Analysis
This analysis compares Keppel Corporation Limited'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: 0.78x
- 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 3.04x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $3.07 | $9.32 | x |
| 2002-12-31 | $3.20 | $9.32 | x |
| 2003-12-31 | $3.38 | $9.32 | x |
| 2004-12-31 | $3.48 | $9.32 | x |
| 2005-12-31 | $4.12 | $9.32 | x |
| 2006-12-31 | $4.81 | $9.32 | x |
| 2007-12-31 | $5.89 | $9.32 | x |
| 2008-12-31 | $5.24 | $9.32 | x |
| 2009-12-31 | $6.81 | $9.32 | x |
| 2010-12-31 | $7.61 | $9.32 | x |
| 2011-12-31 | $8.23 | $9.32 | x |
| 2012-12-31 | $10.22 | $9.32 | x |
| 2013-12-31 | $10.64 | $9.32 | x |
| 2014-12-31 | $11.34 | $9.32 | x |
| 2015-12-31 | $12.16 | $9.32 | x |
| 2016-12-31 | $12.77 | $9.32 | x |
| 2017-12-31 | $12.50 | $9.32 | x |
| 2018-12-31 | $12.36 | $9.32 | x |
| 2019-12-31 | $12.28 | $9.32 | x |
| 2020-12-31 | $11.80 | $9.32 | x |
| 2021-12-31 | $13.17 | $9.32 | x |
| 2022-12-31 | $12.90 | $9.32 | x |
| 2023-12-31 | $11.43 | $9.32 | x |
| 2024-12-31 | $12.14 | $9.32 | x |
| 2025-12-31 | $11.88 | $9.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keppel Corporation Limited 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): 7.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.37%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 2.49x
- Recent ROE (7.36%) is below the historical average (15.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 14.65% | 6.44% | 0.50x | 4.53x | $120.23 Million |
| 2002 | 13.18% | 6.48% | 0.48x | 4.22x | $86.50 Million |
| 2003 | 13.78% | 6.69% | 0.59x | 3.49x | $109.11 Million |
| 2004 | 15.16% | 11.80% | 0.38x | 3.40x | $159.10 Million |
| 2005 | 18.51% | 11.86% | 0.45x | 3.45x | $310.17 Million |
| 2006 | 21.16% | 11.71% | 0.55x | 3.29x | $469.21 Million |
| 2007 | 31.75% | 15.84% | 0.66x | 3.04x | $1.13 Billion |
| 2008 | 23.89% | 9.30% | 0.70x | 3.64x | $638.35 Million |
| 2009 | 27.15% | 13.27% | 0.71x | 2.89x | $1.03 Billion |
| 2010 | 24.08% | 16.59% | 0.47x | 3.11x | $949.01 Million |
| 2011 | 24.90% | 18.25% | 0.41x | 3.31x | $1.10 Billion |
| 2012 | 24.20% | 16.02% | 0.48x | 3.15x | $1.31 Billion |
| 2013 | 19.03% | 14.91% | 0.41x | 3.10x | $875.67 Million |
| 2014 | 18.16% | 14.19% | 0.42x | 3.04x | $846.72 Million |
| 2015 | 13.74% | 14.81% | 0.36x | 2.61x | $415.06 Million |
| 2016 | 6.72% | 11.58% | 0.23x | 2.51x | $-381.97 Million |
| 2017 | 1.90% | 3.63% | 0.21x | 2.46x | $-926.60 Million |
| 2018 | 8.37% | 15.82% | 0.22x | 2.36x | $-183.99 Million |
| 2019 | 6.31% | 9.33% | 0.24x | 2.79x | $-414.11 Million |
| 2020 | -4.74% | -7.73% | 0.20x | 2.99x | $-1.58 Billion |
| 2021 | 8.51% | 15.52% | 0.20x | 2.68x | $-179.61 Million |
| 2022 | 8.10% | 14.17% | 0.21x | 2.68x | $-219.76 Million |
| 2023 | 39.57% | 58.54% | 0.26x | 2.60x | $3.05 Billion |
| 2024 | 8.53% | 14.42% | 0.24x | 2.48x | $-163.85 Million |
| 2025 | 7.36% | 13.37% | 0.22x | 2.49x | $-286.30 Million |
Industry Comparison
This section compares Keppel Corporation Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Keppel Corporation Limited (KPELY) | $11.19 Billion | 14.65% | 1.42x | $13.01 Billion |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |