Haily Group Bhd
Haily Group Berhad engages in building construction of residential and non-residential buildings in Malaysia. It operates through two segments, Building Construction and Others. The company's services include residential buildings that consist of single- and multi-dwelling buildings; and non-residential buildings, such as commercial, purpose-built, industrial, and institutional buildings. It also… Read more
Haily Group Bhd (0237) - Net Assets
Latest net assets as of September 2025: RM115.61 Million MYR
Based on the latest financial reports, Haily Group Bhd (0237) has net assets worth RM115.61 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM261.12 Million) and total liabilities (RM145.51 Million). 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 | RM115.61 Million |
| % of Total Assets | 44.27% |
| Annual Growth Rate | 16.15% |
| 5-Year Change | 108.47% |
| 10-Year Change | N/A |
| Growth Volatility | 13.08 |
Haily Group Bhd - Net Assets Trend (2017–2024)
This chart illustrates how Haily Group Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Haily Group Bhd (2017–2024)
The table below shows the annual net assets of Haily Group Bhd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM108.35 Million | +26.11% |
| 2023-12-31 | RM85.92 Million | +6.65% |
| 2022-12-31 | RM80.56 Million | +7.47% |
| 2021-12-31 | RM74.96 Million | +44.23% |
| 2020-12-31 | RM51.97 Million | +18.04% |
| 2019-12-31 | RM44.03 Million | +6.93% |
| 2018-12-31 | RM41.18 Million | +8.41% |
| 2017-12-31 | RM37.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Haily 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 15.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM30.89 Million | 28.51% |
| Common Stock | RM77.46 Million | 71.49% |
| Total Equity | RM108.35 Million | 100.00% |
Haily Group Bhd Competitors by Market Cap
The table below lists competitors of Haily Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hochiminh City Metal Corp
VN:HMC
|
$3.92 Million |
|
Mantaro Silver Corp
PINK:MSLVF
|
$3.92 Million |
|
MOVIE GAMES S.A. ZY1
F:2LH
|
$3.92 Million |
|
TIMES CHINA HLDGS HD -10
F:T2H
|
$3.92 Million |
|
Locafy Limited
NASDAQ:LCFYW
|
$3.92 Million |
|
High Arctic Energy Services Inc
PINK:HGHAF
|
$3.92 Million |
|
Calima Energy Limited
OTCQB:CLMEF
|
$3.92 Million |
|
Minbos Resources Limited
F:OMB
|
$3.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Haily Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 85,916,180 to 108,348,560, a change of 22,432,380 (26.1%).
- Net income of 8,658,550 contributed positively to equity growth.
- Dividend payments of 2,428,730 reduced retained earnings.
- Share repurchases of 16,202,550 reduced equity.
- New share issuances of 16,202,552 increased equity.
- Other factors increased equity by 16,202,558.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM8.66 Million | +7.99% |
| Dividends Paid | RM2.43 Million | -2.24% |
| Share Repurchases | RM16.20 Million | -14.95% |
| Share Issuances | RM16.20 Million | +14.95% |
| Other Changes | RM16.20 Million | +14.95% |
| Total Change | RM- | 26.11% |
Book Value vs Market Value Analysis
This analysis compares Haily 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: 0.82x
- 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 decreased from 0.99x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | RM0.21 | RM0.21 | x |
| 2018-12-31 | RM0.23 | RM0.21 | x |
| 2019-12-31 | RM0.25 | RM0.21 | x |
| 2020-12-31 | RM0.29 | RM0.21 | x |
| 2021-12-31 | RM0.42 | RM0.21 | x |
| 2022-12-31 | RM0.45 | RM0.21 | x |
| 2023-12-31 | RM0.24 | RM0.21 | x |
| 2024-12-31 | RM0.26 | RM0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Haily 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): 7.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.70%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 2.15x
- Recent ROE (7.99%) is below the historical average (15.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 33.04% | 10.30% | 1.19x | 2.71x | RM8.75 Million |
| 2018 | 20.51% | 4.86% | 1.63x | 2.59x | RM4.33 Million |
| 2019 | 20.11% | 5.61% | 1.38x | 2.59x | RM4.45 Million |
| 2020 | 20.09% | 6.29% | 1.21x | 2.63x | RM5.25 Million |
| 2021 | 8.35% | 5.04% | 0.93x | 1.78x | RM-1.24 Million |
| 2022 | 8.19% | 3.36% | 1.21x | 2.01x | RM-1.46 Million |
| 2023 | 8.56% | 2.49% | 1.59x | 2.17x | RM-1.24 Million |
| 2024 | 7.99% | 2.70% | 1.38x | 2.15x | RM-2.18 Million |
Industry Comparison
This section compares Haily Group Bhd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $122,625,026
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haily Group Bhd (0237) | RM115.61 Million | 33.04% | 1.26x | $3.92 Million |
| Southern Score Builders Berhad (0045) | $185.91 Million | 21.63% | 0.66x | $100.69 Million |
| Mega Sun City Holdings Bhd (0081) | $63.83 Million | 5.86% | 0.08x | $774.65K |
| Waja Konsortium Bhd (0102) | $41.21 Million | 2.11% | 0.40x | $3.75 Million |
| Kelington Group Bhd (0151) | $21.62 Million | 30.56% | 1.09x | $533.88 Million |
| Widad Group Bhd (0162) | $456.36 Million | -3.64% | 1.38x | $3.73 Million |
| Pasukhas Group Bhd (0177) | $74.27 Million | -9.78% | 1.27x | $1.72 Million |
| HSS Engineers Bhd (0185) | $227.91 Million | 1.33% | 0.61x | $19.35 Million |
| Cabnet Holdings Bhd (0191) | $44.67 Million | 2.71% | 1.17x | $1.84 Million |
| Inta Bina Group Bhd (0192) | $99.86 Million | 15.42% | 1.52x | $19.05 Million |
| Kejuruteraan Asastera Bhd (0193) | $10.62 Million | 42.83% | 4.18x | $86.27 Million |