Westports Holdings Berhad
Westports Holdings Berhad, an investment holding company, develops and manages ports. The company operates a port under the Westports name in Port Klang, Malaysia. Its port offers container cargo services; conventional services, including dry bulk, break bulk, liquid bulk, cement cargo, and roll-on-roll-off services; and marine services. The company also constructs and operates the terminal facil… Read more
Westports Holdings Berhad (WSTTF) - Net Assets
Latest net assets as of December 2025: $4.17 Billion USD
Based on the latest financial reports, Westports Holdings Berhad (WSTTF) has net assets worth $4.17 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 ($8.89 Billion) and total liabilities ($4.72 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 | $4.17 Billion |
| % of Total Assets | 46.88% |
| Annual Growth Rate | 8.13% |
| 5-Year Change | 33.32% |
| 10-Year Change | 101.49% |
| Growth Volatility | 2.63 |
Westports Holdings Berhad - Net Assets Trend (2014–2025)
This chart illustrates how Westports Holdings 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 Westports Holdings Berhad (2014–2025)
The table below shows the annual net assets of Westports Holdings Berhad from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.17 Billion | +9.20% |
| 2024-12-31 | $3.82 Billion | +8.45% |
| 2023-12-31 | $3.52 Billion | +7.51% |
| 2022-12-31 | $3.27 Billion | +4.72% |
| 2021-12-31 | $3.13 Billion | +10.52% |
| 2020-12-31 | $2.83 Billion | +10.50% |
| 2019-12-31 | $2.56 Billion | +6.01% |
| 2018-12-31 | $2.42 Billion | +3.35% |
| 2017-12-31 | $2.34 Billion | +12.95% |
| 2016-12-31 | $2.07 Billion | +9.00% |
| 2015-12-31 | $1.90 Billion | +7.59% |
| 2014-12-31 | $1.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Westports Holdings 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 302.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.12 Billion | 74.76% |
| Other Components | $1.05 Billion | 25.24% |
| Total Equity | $4.17 Billion | 100.00% |
Westports Holdings Berhad Competitors by Market Cap
The table below lists competitors of Westports Holdings Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bharat Dynamics Limited
NSE:BDL
|
$1.38 Billion |
|
Shaanxi International Trust Co Ltd
SHE:000563
|
$1.38 Billion |
|
Qingdao Gaoce Technology Co Ltd
SHG:688556
|
$1.38 Billion |
|
FADU Inc.
KQ:440110
|
$1.38 Billion |
|
L&K Engineering Suzhou Co Ltd
SHG:603929
|
$1.37 Billion |
|
Sonos Inc
NASDAQ:SONO
|
$1.37 Billion |
|
Lakeland Financial Corporation
NASDAQ:LKFN
|
$1.37 Billion |
|
Nestle (Malaysia) Bhd
KLSE:4707
|
$1.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Westports Holdings Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,817,602,000 to 4,168,763,000, a change of 351,161,000 (9.2%).
- Net income of 998,311,000 contributed positively to equity growth.
- Dividend payments of 647,150,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $998.31 Million | +23.95% |
| Dividends Paid | $647.15 Million | -15.52% |
| Total Change | $- | 9.20% |
Book Value vs Market Value Analysis
This analysis compares Westports Holdings 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: 1.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $0.00 | $1.30 | x |
| 2015-12-31 | $0.00 | $1.30 | x |
| 2016-12-31 | $0.00 | $1.30 | x |
| 2017-12-31 | $0.00 | $1.30 | x |
| 2018-12-31 | $0.00 | $1.30 | x |
| 2020-12-31 | $0.83 | $1.30 | x |
| 2021-12-31 | $0.92 | $1.30 | x |
| 2022-12-31 | $0.96 | $1.30 | x |
| 2023-12-31 | $1.03 | $1.30 | x |
| 2024-12-31 | $1.12 | $1.30 | x |
| 2025-12-31 | $1.22 | $1.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Westports Holdings 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): 23.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.95%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.13x
- Recent ROE (23.95%) is below the historical average (24.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 29.03% | 32.79% | 0.41x | 2.18x | $335.78 Million |
| 2015 | 26.60% | 30.02% | 0.42x | 2.12x | $315.05 Million |
| 2016 | 30.79% | 31.30% | 0.47x | 2.10x | $430.09 Million |
| 2017 | 27.88% | 31.19% | 0.41x | 2.20x | $417.83 Million |
| 2018 | 22.09% | 33.04% | 0.32x | 2.11x | $291.97 Million |
| 2019 | 23.08% | 33.14% | 0.35x | 2.00x | $334.87 Million |
| 2020 | 23.13% | 33.14% | 0.38x | 1.86x | $371.57 Million |
| 2021 | 25.85% | 39.97% | 0.37x | 1.73x | $495.54 Million |
| 2022 | 21.37% | 33.81% | 0.39x | 1.61x | $372.14 Million |
| 2023 | 22.14% | 36.22% | 0.40x | 1.52x | $427.42 Million |
| 2024 | 23.52% | 38.31% | 0.30x | 2.04x | $516.22 Million |
| 2025 | 23.95% | 31.95% | 0.35x | 2.13x | $581.43 Million |
Industry Comparison
This section compares Westports Holdings Berhad's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $6,996,338,635
- Average return on equity (ROE) among peers: 158.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Westports Holdings Berhad (WSTTF) | $4.17 Billion | 29.03% | 1.13x | $1.38 Billion |
| Algoma Central Corporation (AGMJF) | $726.02 Million | 16.52% | 0.88x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $32.09 Billion | -6.04% | 0.90x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $33.38 Billion | 9.46% | 0.70x | $12.49 Billion |
| Ardmore Shpng (ASC) | $634.34 Million | 6.47% | 0.24x | $516.76 Million |
| American Shipping Company ASA (ASCJF) | $114.51 Million | 1340.53% | 0.68x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $72.78 Million | 63.23% | 4.43x | $9.84 |
| Braemar Shipping Services Plc (BSEAF) | $64.82 Million | 15.12% | 0.70x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.94 Billion | 17.27% | 0.71x | $1.17 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $933.40 Million | 4.05% | 0.57x | $172.78 Million |