Hengyuan Refining Company Bhd (4324) — Net Asset Quality Index
Hengyuan Refining Company Bhd (4324) has a Net Asset Quality Index of 17.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM4.37 Billion minus total liabilities of RM3.59 Billion yields net assets of RM776.30 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Hengyuan Refining Company Bhd (4324) liquidity interval to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Hengyuan Refining Company Bhd Net Asset Quality Index Over Time (2012–2024)
This chart shows how Hengyuan Refining Company Bhd's Net Asset Quality Index has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the index stands at 17.8%, representing net assets of RM776.30 Million against total assets of RM4.37 Billion MYR. Explore 4324 cash generation efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Hengyuan Refining Company Bhd (2012–2024)
The table below presents the year-by-year Net Asset Quality Index for Hengyuan Refining Company Bhd from 2012 to 2024, covering 13 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 Hengyuan Refining Company Bhd (4324) total market value.
| Year | Quality Index | Net Assets (MYR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 30.5% | RM1.15 Billion | RM3.78 Billion | RM2.63 Billion | ▲ +5.6 pp |
| 2023 | 24.9% | RM1.40 Billion | RM5.64 Billion | RM4.24 Billion | ▲ +4.1 pp |
| 2022 | 20.7% | RM1.37 Billion | RM6.62 Billion | RM5.25 Billion | ▼ -16.7 pp |
| 2021 | 37.4% | RM2.05 Billion | RM5.48 Billion | RM3.43 Billion | ▼ -10.8 pp |
| 2020 | 48.2% | RM2.17 Billion | RM4.50 Billion | RM2.33 Billion | ▼ -49.3 pp |
| 2019 | 97.5% | RM5.51 Billion | RM5.65 Billion | RM141.22 Million | ▲ +49.0 pp |
| 2018 | 48.5% | RM2.02 Billion | RM4.17 Billion | RM2.15 Billion | ▼ -0.5 pp |
| 2017 | 49.0% | RM1.79 Billion | RM3.65 Billion | RM1.86 Billion | ▲ +16.2 pp |
| 2016 | 32.8% | RM1.01 Billion | RM3.08 Billion | RM2.07 Billion | ▲ +9.9 pp |
| 2015 | 23.0% | RM677.09 Million | RM2.95 Billion | RM2.27 Billion | ▲ +11.4 pp |
| 2014 | 11.6% | RM325.00 Million | RM2.81 Billion | RM2.49 Billion | ▼ -22.2 pp |
| 2013 | 33.8% | RM1.51 Billion | RM4.48 Billion | RM2.97 Billion | ▼ -7.1 pp |
| 2012 | 40.9% | RM1.71 Billion | RM4.17 Billion | RM2.46 Billion | — |