Maxis Berhad
Maxis Berhad, an investment holding company, provides a suite of converged telecommunications, digital, and related services and solutions in Malaysia and internationally. It offers mobile plans; devices, such as mobiles, tablets, wearables, and home devices; broadband services; data and internet, and satellite services; and digital, point of sales and payment, collaboration, voice, security, and… Read more
Maxis Berhad (MAXSF) - Net Assets
Latest net assets as of December 2025: $6.15 Billion USD
Based on the latest financial reports, Maxis Berhad (MAXSF) has net assets worth $6.15 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 ($22.52 Billion) and total liabilities ($16.38 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 | $6.15 Billion |
| % of Total Assets | 27.29% |
| Annual Growth Rate | 3.2% |
| 5-Year Change | -8.59% |
| 10-Year Change | 30.21% |
| Growth Volatility | 31.95 |
Maxis Berhad - Net Assets Trend (2006–2025)
This chart illustrates how Maxis 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 Maxis Berhad (2006–2025)
The table below shows the annual net assets of Maxis Berhad from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $6.15 Billion | +4.08% |
| 2024-12-31 | $5.91 Billion | +2.82% |
| 2023-12-31 | $5.74 Billion | -9.84% |
| 2022-12-31 | $6.37 Billion | -5.26% |
| 2021-12-31 | $6.72 Billion | -4.61% |
| 2020-12-31 | $7.05 Billion | -0.28% |
| 2019-12-31 | $7.07 Billion | -1.12% |
| 2018-12-31 | $7.15 Billion | +1.53% |
| 2017-12-31 | $7.04 Billion | +49.16% |
| 2016-12-31 | $4.72 Billion | +11.86% |
| 2015-12-31 | $4.22 Billion | -10.92% |
| 2014-12-31 | $4.74 Billion | -21.26% |
| 2013-12-31 | $6.02 Billion | -14.74% |
| 2012-12-31 | $7.06 Billion | -12.75% |
| 2011-12-31 | $8.09 Billion | -6.67% |
| 2010-12-31 | $8.67 Billion | -3.11% |
| 2009-12-31 | $8.95 Billion | +108.79% |
| 2008-12-31 | $4.28 Billion | +64.59% |
| 2007-12-31 | $2.60 Billion | -23.02% |
| 2006-12-31 | $3.38 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maxis 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 346400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.46 Billion | 56.35% |
| Common Stock | $2.60 Billion | 42.35% |
| Other Components | $80.00 Million | 1.30% |
| Total Equity | $6.15 Billion | 100.00% |
Maxis Berhad Competitors by Market Cap
The table below lists competitors of Maxis Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mazagon Dock Shipbuilders Limited
NSE:MAZDOCK
|
$2.07 Billion |
|
10X Genomics Inc
NASDAQ:TXG
|
$2.07 Billion |
|
Henan Yuguang Gold & Lead Co Ltd
SHG:600531
|
$2.07 Billion |
|
TMBThanachart Bank Public Company Limited
F:NVPJ
|
$2.07 Billion |
|
Central Garden & Pet Company
NASDAQ:CENT
|
$2.07 Billion |
|
Nanjing Securities Co Ltd
SHG:601990
|
$2.07 Billion |
|
BBB Foods Inc.
NYSE:TBBB
|
$2.06 Billion |
|
Zhongman Petro & Natural Gas
SHG:603619
|
$2.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maxis Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,905,000,000 to 6,147,000,000, a change of 242,000,000 (4.1%).
- Net income of 1,561,000,000 contributed positively to equity growth.
- Dividend payments of 1,332,000,000 reduced retained earnings.
- Share repurchases of 4,000,000 reduced equity.
- New share issuances of 5,000,000 increased equity.
- Other comprehensive income decreased equity by 73,000,000.
- Other factors increased equity by 85,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.56 Billion | +25.39% |
| Dividends Paid | $1.33 Billion | -21.67% |
| Share Repurchases | $4.00 Million | -0.07% |
| Share Issuances | $5.00 Million | +0.08% |
| Other Comprehensive Income | $-73.00 Million | -1.19% |
| Other Changes | $85.00 Million | +1.38% |
| Total Change | $- | 4.10% |
Book Value vs Market Value Analysis
This analysis compares Maxis 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: 0.90x
- 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 1.57x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $0.45 | $0.71 | x |
| 2007-12-31 | $0.35 | $0.71 | x |
| 2008-12-31 | $0.57 | $0.71 | x |
| 2009-12-31 | $1.55 | $0.71 | x |
| 2010-12-31 | $1.16 | $0.71 | x |
| 2011-12-31 | $1.08 | $0.71 | x |
| 2012-12-31 | $0.94 | $0.71 | x |
| 2013-12-31 | $0.80 | $0.71 | x |
| 2014-12-31 | $0.63 | $0.71 | x |
| 2015-12-31 | $0.56 | $0.71 | x |
| 2016-12-31 | $0.63 | $0.71 | x |
| 2017-12-31 | $0.92 | $0.71 | x |
| 2018-12-31 | $0.91 | $0.71 | x |
| 2019-12-31 | $0.90 | $0.71 | x |
| 2020-12-31 | $0.90 | $0.71 | x |
| 2021-12-31 | $0.86 | $0.71 | x |
| 2022-12-31 | $0.81 | $0.71 | x |
| 2023-12-31 | $0.73 | $0.71 | x |
| 2024-12-31 | $0.75 | $0.71 | x |
| 2025-12-31 | $0.78 | $0.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maxis 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): 25.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.75%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.66x
- Recent ROE (25.39%) is below the historical average (32.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 62.27% | 30.26% | 0.84x | 2.46x | $1.77 Billion |
| 2007 | 76.07% | 25.75% | 1.13x | 2.62x | $1.72 Billion |
| 2008 | 56.03% | 28.41% | 1.00x | 1.97x | $1.97 Billion |
| 2009 | 17.64% | 20.73% | 0.43x | 1.99x | $683.28 Million |
| 2010 | 26.49% | 25.88% | 0.49x | 2.10x | $1.43 Billion |
| 2011 | 31.26% | 28.71% | 0.49x | 2.23x | $1.72 Billion |
| 2012 | 26.33% | 20.70% | 0.50x | 2.53x | $1.15 Billion |
| 2013 | 29.42% | 19.43% | 0.52x | 2.89x | $1.17 Billion |
| 2014 | 36.42% | 20.47% | 0.46x | 3.84x | $1.25 Billion |
| 2015 | 41.50% | 20.22% | 0.45x | 4.53x | $1.32 Billion |
| 2016 | 42.64% | 23.38% | 0.44x | 4.16x | $1.54 Billion |
| 2017 | 30.96% | 25.07% | 0.45x | 2.73x | $1.48 Billion |
| 2018 | 24.90% | 19.36% | 0.46x | 2.77x | $1.07 Billion |
| 2019 | 21.39% | 16.24% | 0.43x | 3.03x | $805.00 Million |
| 2020 | 19.60% | 15.41% | 0.41x | 3.11x | $677.00 Million |
| 2021 | 19.45% | 14.21% | 0.41x | 3.34x | $635.50 Million |
| 2022 | 18.09% | 11.77% | 0.42x | 3.62x | $515.10 Million |
| 2023 | 17.29% | 9.75% | 0.45x | 3.97x | $418.70 Million |
| 2024 | 23.64% | 13.31% | 0.47x | 3.78x | $805.50 Million |
| 2025 | 25.39% | 14.75% | 0.47x | 3.66x | $946.30 Million |
Industry Comparison
This section compares Maxis Berhad's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maxis Berhad (MAXSF) | $6.15 Billion | 62.27% | 2.66x | $2.07 Billion |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |