Heng Huat Resources Group Bhd Net Assets
Heng Huat Resources Group Bhd net assets. Based on the latest financial reports, Heng Huat Resources Group Bhd (0175) has net assets worth RM288.58 Million MYR (≈ $72.45 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM322.81 Million ≈ $81.05 Million USD) and total liabilities (RM34.23 Million ≈ $8.59 Million 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. Also explore Heng Huat Resources Group Bhd equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM288.58 Million |
| % of Total Assets | 89.4% |
| Annual Growth Rate | 13.21% |
| 5-Year Change | 553.46% |
| 10-Year Change | N/A |
| Growth Volatility | 85.24 |
Net Assets of Heng Huat Resources Group Bhd (2015–2024)
Net assets of Heng Huat Resources Group Bhd from 2015 to 2024. This chart illustrates how Heng Huat Resources Group Bhd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Heng Huat Resources Group Bhd to measure how much of total assets are equity-financed.
Annual Net Assets for Heng Huat Resources Group Bhd (2015–2024)
The table below shows the annual net assets of Heng Huat Resources Group Bhd from 2015 to 2024. For live market cap and overall valuation, see 0175 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM231.51 Million ≈ $58.13 Million |
+12.75% |
| 2023-12-31 | RM205.34 Million ≈ $51.55 Million |
+8.49% |
| 2022-12-31 | RM189.27 Million ≈ $47.52 Million |
+47.65% |
| 2021-12-31 | RM128.19 Million ≈ $32.18 Million |
+261.83% |
| 2020-12-31 | RM35.43 Million ≈ $8.89 Million |
-1.78% |
| 2019-12-31 | RM36.07 Million ≈ $9.06 Million |
-54.31% |
| 2018-12-31 | RM78.95 Million ≈ $19.82 Million |
-0.48% |
| 2017-12-31 | RM79.33 Million ≈ $19.92 Million |
+4.60% |
| 2016-12-31 | RM75.84 Million ≈ $19.04 Million |
+0.06% |
| 2015-12-31 | RM75.79 Million ≈ $19.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Heng Huat Resources Group Bhd'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 decreased by 10.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Heng Huat Resources Group Bhd Net Assets Breakdown (December 2024)
Heng Huat Resources Group Bhd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM40.14 Million | 19.25% |
| Other Components | RM168.40 Million | 80.75% |
| Total Equity | RM208.54 Million | 100.00% |
Heng Huat Resources Group Bhd Competitors by Market Cap
The table below lists competitors of Heng Huat Resources Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Catcha Digital Bhd
KLSE:0173
|
$26.84 Million |
|
Bizim Toptan Satis Magazalari AS
IS:BIZIM
|
$26.84 Million |
|
DK&D Co.Ltd
KQ:263020
|
$26.85 Million |
|
Safari World PLC
BK:SAFARI
|
$26.85 Million |
|
Inmofam 99 SOCIMI SA
MC:YINM
|
$26.82 Million |
|
Union Corporation
KO:000910
|
$26.82 Million |
|
Tayih Lun An Co Ltd
TWO:8107
|
$26.82 Million |
|
White Horse Bhd
KLSE:5009
|
$26.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heng Huat Resources Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 183,033,891 to 208,540,000, a change of 25,506,109 (13.9%).
- Net income of 8,572,000 contributed positively to equity growth.
- New share issuances of 13,175,000 increased equity.
- Other factors increased equity by 3,759,109.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM8.57 Million | +4.11% |
| Share Issuances | RM13.18 Million | +6.32% |
| Other Changes | RM3.76 Million | +1.8% |
| Total Change | RM- | 13.94% |
Book Value vs Market Value Analysis
This analysis compares Heng Huat Resources Group Bhd'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: 0.46x
- 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 increased from 0.14x to 0.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.72 | RM0.10 | x |
| 2017-12-31 | RM0.75 | RM0.10 | x |
| 2018-12-31 | RM0.68 | RM0.10 | x |
| 2019-12-31 | RM0.31 | RM0.10 | x |
| 2020-12-31 | RM0.11 | RM0.10 | x |
| 2021-12-31 | RM0.18 | RM0.10 | x |
| 2022-12-31 | RM0.20 | RM0.10 | x |
| 2023-12-31 | RM0.21 | RM0.10 | x |
| 2024-12-31 | RM0.22 | RM0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heng Huat Resources Group Bhd 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): 4.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.95%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.45x
- Recent ROE (4.11%) is above the historical average (-13.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.61% | 9.67% | 0.68x | 1.75x | RM1.22 Million |
| 2016 | 0.06% | 0.05% | 0.53x | 2.10x | RM-7.54 Million |
| 2017 | 0.46% | 0.32% | 0.69x | 2.12x | RM-7.57 Million |
| 2018 | -4.44% | -3.05% | 0.75x | 1.93x | RM-11.40 Million |
| 2019 | -118.86% | -41.99% | 0.87x | 3.26x | RM-46.48 Million |
| 2020 | -56.90% | -27.39% | 0.95x | 2.19x | RM-23.70 Million |
| 2021 | 11.49% | 14.23% | 0.48x | 1.68x | RM1.91 Million |
| 2022 | 16.07% | 17.17% | 0.62x | 1.52x | RM10.07 Million |
| 2023 | 3.87% | 5.70% | 0.46x | 1.46x | RM-11.22 Million |
| 2024 | 4.11% | 6.95% | 0.41x | 1.45x | RM-12.28 Million |
Industry Comparison
This section compares Heng Huat Resources Group Bhd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $425,253,997
- Average return on equity (ROE) among peers: -1.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heng Huat Resources Group Bhd (0175) | RM288.58 Million | 11.61% | 0.12x | $26.83 Million |
| Green Ocean Corporation Bhd (0074) | $20.36 Million | 1.37% | 1.88x | $3.71 Million |
| MAG Holdings Berhad (0095) | $452.69 Million | -5.21% | 0.59x | $74.04 Million |
| Greenyield Bhd (0136) | $57.31 Million | 4.41% | 0.36x | $20.87 Million |
| Matang Bhd (0189) | $188.42 Million | 2.17% | 0.02x | $41.99 Million |
| Pinehill Pacific Bhd (1902) | $64.15 Million | -45.27% | 4.42x | $17.30 Million |
| Chin Teck Plantations Bhd (1929) | $809.07 Million | 13.29% | 0.05x | $245.44 Million |
| Kretam Holdings Bhd (1996) | $896.64 Million | 12.08% | 0.26x | $368.78 Million |
| Negri Sembilan Oil Palms Bhd (2038) | $582.79 Million | 4.76% | 0.35x | $93.24 Million |
| TDM Berhad (2054) | $755.86 Million | -1.31% | 1.48x | $88.67 Million |
About Heng Huat Resources Group Bhd
HHRG Berhad, an investment holding company, engages in the manufacture and trading of coconut biomass materials and value-added products in Malaysia, the United Kingdom, Japan, China, and internationally. It operates through Biomass Material and Value-added Products; Furniture Products; Money Lending Services; and Investment Holding and Others segments. The company manufactures and trades coconut… Read more