Birman Wood and Hardware Ltd (BIRM) - Net Assets
Based on the latest financial reports, Birman Wood and Hardware Ltd (BIRM) has net assets worth ILA99.88 Million ILA (≈ $267.77K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA387.12 Million ≈ $1.04 Million USD) and total liabilities (ILA287.24 Million ≈ $770.09K USD). 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. Read BIRM total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA99.88 Million |
| % of Total Assets | 25.8% |
| Annual Growth Rate | 2.8% |
| 5-Year Change | -16.48% |
| 10-Year Change | 8.23% |
| Growth Volatility | 7.53 |
Birman Wood and Hardware Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Birman Wood and Hardware Ltd's net assets have evolved over time, based on quarterly financial data. Also explore BIRM current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Birman Wood and Hardware Ltd (2004–2025)
The table below shows the annual net assets of Birman Wood and Hardware Ltd from 2004 to 2025. For live valuation and market cap data, see Birman Wood and Hardware Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA99.88 Million ≈ $267.77K |
-2.59% |
| 2024-12-31 | ILA102.53 Million ≈ $274.88K |
+5.94% |
| 2023-12-31 | ILA96.78 Million ≈ $259.46K |
-7.35% |
| 2022-12-31 | ILA104.45 Million ≈ $280.04K |
-12.65% |
| 2021-12-31 | ILA119.59 Million ≈ $320.61K |
+26.34% |
| 2020-12-31 | ILA94.65 Million ≈ $253.76K |
+4.28% |
| 2019-12-31 | ILA90.77 Million ≈ $243.34K |
-0.41% |
| 2018-12-31 | ILA91.14 Million ≈ $244.35K |
+0.43% |
| 2017-12-31 | ILA90.75 Million ≈ $243.29K |
-1.66% |
| 2016-12-31 | ILA92.28 Million ≈ $247.40K |
-1.48% |
| 2015-12-31 | ILA93.67 Million ≈ $251.12K |
+4.59% |
| 2014-12-31 | ILA89.56 Million ≈ $240.10K |
+7.96% |
| 2013-12-31 | ILA82.96 Million ≈ $222.40K |
+5.52% |
| 2012-12-31 | ILA78.62 Million ≈ $210.78K |
+1.74% |
| 2011-12-31 | ILA77.27 Million ≈ $207.16K |
+1.76% |
| 2010-12-31 | ILA75.93 Million ≈ $203.58K |
+1.40% |
| 2009-12-31 | ILA74.88 Million ≈ $200.76K |
+5.69% |
| 2008-12-31 | ILA70.85 Million ≈ $189.95K |
+9.80% |
| 2006-12-31 | ILA64.53 Million ≈ $173.00K |
+8.89% |
| 2005-12-31 | ILA59.26 Million ≈ $158.87K |
+6.05% |
| 2004-12-31 | ILA55.88 Million ≈ $149.80K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Birman Wood and Hardware Ltd'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 484.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA46.69 Million | 46.74% |
| Common Stock | ILA18.76 Million | 18.78% |
| Other Comprehensive Income | ILA184.00K | 0.18% |
| Other Components | ILA34.25 Million | 34.29% |
| Total Equity | ILA99.88 Million | 100.00% |
Birman Wood and Hardware Ltd Competitors by Market Cap
The table below lists competitors of Birman Wood and Hardware Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Next Entertainment World Co. Ltd
KQ:160550
|
$27.80 Million |
|
Auking Mining Ltd
AU:AKN
|
$27.80 Million |
|
Pudjiadi & Sons Tbk
JK:PNSE
|
$27.82 Million |
|
Malmbergs Elektriska AB (publ)
ST:MEAB-B
|
$27.82 Million |
|
Killi Resources Ltd
AU:KLI
|
$27.79 Million |
|
Advance Metals Ltd
AU:AVM
|
$27.78 Million |
|
Higgstec
TWO:5220
|
$27.78 Million |
|
Asiamet Resources Ltd
F:0FK
|
$27.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Birman Wood and Hardware Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 102,532,000 to 99,879,000, a change of -2,653,000 (-2.6%).
- Net income of 5,580,000 contributed positively to equity growth.
- Dividend payments of 8,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 1.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA5.58 Million | +5.59% |
| Dividends Paid | ILA8.50 Million | -8.51% |
| Other Comprehensive Income | ILA1.00 | +0.0% |
| Other Changes | ILA267.00K | +0.27% |
| Total Change | ILA- | -2.59% |
Book Value vs Market Value Analysis
This analysis compares Birman Wood and Hardware Ltd'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: 103.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 131.32x to 103.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ILA7.18 | ILA942.50 | x |
| 2013-12-31 | ILA7.57 | ILA942.50 | x |
| 2014-12-31 | ILA8.38 | ILA942.50 | x |
| 2015-12-31 | ILA8.52 | ILA942.50 | x |
| 2016-12-31 | ILA8.39 | ILA942.50 | x |
| 2017-12-31 | ILA8.25 | ILA942.50 | x |
| 2018-12-31 | ILA8.29 | ILA942.50 | x |
| 2019-12-31 | ILA8.25 | ILA942.50 | x |
| 2020-12-31 | ILA8.60 | ILA942.50 | x |
| 2021-12-31 | ILA10.87 | ILA942.50 | x |
| 2022-12-31 | ILA9.50 | ILA942.50 | x |
| 2023-12-31 | ILA8.80 | ILA942.50 | x |
| 2024-12-31 | ILA9.32 | ILA942.50 | x |
| 2025-12-31 | ILA9.08 | ILA942.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Birman Wood and Hardware Ltd 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): 5.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.46%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 3.88x
- Recent ROE (5.59%) is below the historical average (13.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 10.31% | 3.17% | 0.82x | 3.95x | ILA231.60K |
| 2011 | 11.67% | 3.43% | 0.84x | 4.04x | ILA1.29 Million |
| 2012 | 7.73% | 2.24% | 0.96x | 3.60x | ILA-1.78 Million |
| 2013 | 14.63% | 4.33% | 0.94x | 3.60x | ILA3.84 Million |
| 2014 | 17.55% | 5.57% | 0.93x | 3.39x | ILA6.76 Million |
| 2015 | 16.86% | 5.51% | 0.92x | 3.32x | ILA6.42 Million |
| 2016 | 15.58% | 5.01% | 0.89x | 3.51x | ILA5.15 Million |
| 2017 | 15.50% | 4.91% | 0.93x | 3.40x | ILA5.00 Million |
| 2018 | 14.33% | 4.65% | 0.88x | 3.50x | ILA3.94 Million |
| 2019 | 9.55% | 3.18% | 0.93x | 3.22x | ILA-412.60K |
| 2020 | 12.82% | 4.40% | 0.87x | 3.36x | ILA2.67 Million |
| 2021 | 46.15% | 13.98% | 0.93x | 3.57x | ILA43.23 Million |
| 2022 | 18.92% | 4.64% | 0.95x | 4.29x | ILA9.31 Million |
| 2023 | -3.79% | -1.00% | 0.90x | 4.23x | ILA-13.34 Million |
| 2024 | 6.80% | 1.97% | 0.89x | 3.87x | ILA-3.28 Million |
| 2025 | 5.59% | 1.46% | 0.99x | 3.88x | ILA-4.41 Million |
Industry Comparison
This section compares Birman Wood and Hardware Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $423,209,200
- Average return on equity (ROE) among peers: 15.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Birman Wood and Hardware Ltd (BIRM) | ILA99.88 Million | 10.31% | 2.88x | $27.79 Million |
| Rav Bariach 08 Industries Ltd (BRIH) | $86.30 Million | 17.74% | 4.48x | $112.07 Million |
| Golan Plastic (GLPL) | $163.01 Million | 11.93% | 0.74x | $74.61 Million |
| Hamat Group Ltd (HAMAT) | $80.99 Million | 16.45% | 2.10x | $147.26 Million |
| Palram (PLRM) | $1.42 Billion | 12.42% | 0.38x | $339.67 Million |
| Plasson Indus (PLSN) | $366.82 Million | 17.87% | 1.08x | $402.14 Million |
About Birman Wood and Hardware Ltd
Birman Wood & Hardware Ltd imports, produces, and markets wood panels, hardware, kitchen electrical appliances, and worktops. The company provides wood products, such as plywood, MDF, chipboard, hardboard, flexboard, pine edge glued panel, panel for construction and decoration, solid lumber, and light weight panel products, as well as designs various products with special overlays. It also import… Read more