HE Group Berhad (0296) — Net Asset Quality Index

Latest as of August 2024: 45.0%

HE Group Berhad (0296) has a Net Asset Quality Index of 45.0% as of August 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM130.17 Million minus total liabilities of RM71.65 Million yields net assets of RM58.53 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check financial resilience of HE Group Berhad to evaluate the company's liquid asset resilience ratio.

Quality Index

45.0%
Equity / Total Assets

Net Assets

RM58.53 Million
MYR

Total Assets

RM130.17 Million
MYR

Total Liabilities

RM71.65 Million
MYR

HE Group Berhad Net Asset Quality Index Over Time (2020–2022)

This chart shows how HE Group Berhad's Net Asset Quality Index has evolved across 3 annual periods from 2020 to 2022. As of August 2024, the index stands at 45.0%, representing net assets of RM58.53 Million against total assets of RM130.17 Million MYR. See working capital position of HE Group Berhad to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for HE Group Berhad (2020–2022)

The table below presents the year-by-year Net Asset Quality Index for HE Group Berhad from 2020 to 2022, covering 3 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see HE Group Berhad market capitalisation.

Year Quality Index Net Assets (MYR) Total Assets Total Liabilities Change (pp)
2022 17.8% RM15.89 Million RM89.27 Million RM73.38 Million ▼ -2.8 pp
2021 20.6% RM12.72 Million RM61.71 Million RM48.99 Million ▼ -23.7 pp
2020 44.3% RM9.09 Million RM20.49 Million RM11.40 Million
pp = percentage points