Haily Group Bhd (0237) - Net Assets
Based on the latest financial reports, Haily Group Bhd (0237) has net assets worth RM117.02 Million MYR (≈ $29.38 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 (RM260.99 Million ≈ $65.53 Million USD) and total liabilities (RM143.97 Million ≈ $36.15 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. Check asset resilience ratio of Haily Group Bhd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM117.02 Million |
| % of Total Assets | 44.84% |
| Annual Growth Rate | 15.1% |
| 5-Year Change | 56.1% |
| 10-Year Change | N/A |
| Growth Volatility | 12.58 |
Haily Group Bhd - Net Assets Trend (2017–2025)
This chart illustrates how Haily Group Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Haily Group Bhd total assets for the complete picture of this company's asset base.
Annual Net Assets for Haily Group Bhd (2017–2025)
The table below shows the annual net assets of Haily Group Bhd from 2017 to 2025. For live valuation and market cap data, see 0237 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM117.02 Million ≈ $29.38 Million |
+8.00% |
| 2024-12-31 | RM108.35 Million ≈ $27.20 Million |
+26.11% |
| 2023-12-31 | RM85.92 Million ≈ $21.57 Million |
+6.65% |
| 2022-12-31 | RM80.56 Million ≈ $20.23 Million |
+7.47% |
| 2021-12-31 | RM74.96 Million ≈ $18.82 Million |
+44.23% |
| 2020-12-31 | RM51.97 Million ≈ $13.05 Million |
+18.04% |
| 2019-12-31 | RM44.03 Million ≈ $11.05 Million |
+6.93% |
| 2018-12-31 | RM41.18 Million ≈ $10.34 Million |
+8.41% |
| 2017-12-31 | RM37.98 Million ≈ $9.54 Million |
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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 grown by 8.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM39.56 Million | 33.81% |
| Common Stock | RM77.46 Million | 66.19% |
| Total Equity | RM117.02 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 |
|---|---|
|
Sala @ Sathorn Property Fund
BK:SSPF
|
$20.72 Million |
|
ASIASOFT CORP.-NVDR-05
F:5ASA
|
$20.72 Million |
|
Scanwolf Corporation Bhd
KLSE:7239
|
$20.73 Million |
|
Biofish Holding AS
OL:BFISH
|
$20.74 Million |
|
Roctool
PA:ALROC
|
$20.70 Million |
|
Fiplasto SA
BA:FIPL
|
$20.69 Million |
|
Jeong Moon Information. Co. Ltd
KQ:033050
|
$20.69 Million |
|
Sikko Industries Limited
NSE:SIKKO
|
$20.69 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 2024 to 2025, total equity changed from 108,348,560 to 117,016,000, a change of 8,667,440 (8.0%).
- Net income of 11,544,000 contributed positively to equity growth.
- Dividend payments of 2,877,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM11.54 Million | +9.87% |
| Dividends Paid | RM2.88 Million | -2.46% |
| Other Changes | RM440.00 | +0.0% |
| Total Change | RM- | 8.00% |
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: 0.70x
- 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 0.92x to 0.70x 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 | RM0.20 | x |
| 2018-12-31 | RM0.23 | RM0.20 | x |
| 2019-12-31 | RM0.25 | RM0.20 | x |
| 2020-12-31 | RM0.29 | RM0.20 | x |
| 2021-12-31 | RM0.42 | RM0.20 | x |
| 2022-12-31 | RM0.45 | RM0.20 | x |
| 2023-12-31 | RM0.24 | RM0.20 | x |
| 2024-12-31 | RM0.26 | RM0.20 | x |
| 2025-12-31 | RM0.28 | RM0.20 | 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): 9.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.68%
- • Asset Turnover: 1.65x
- • Equity Multiplier: 2.23x
- Recent ROE (9.87%) is below the historical average (15.19%), 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 |
| 2025 | 9.87% | 2.68% | 1.65x | 2.23x | RM-157.60K |
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: $101,046,365
- Average return on equity (ROE) among peers: 7.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haily Group Bhd (0237) | RM117.02 Million | 33.04% | 1.23x | $20.71 Million |
| Southern Score Builders Berhad (0045) | $148.98 Million | 16.99% | 0.33x | $313.81 Million |
| Ecobuilt Holdings Bhd (0059) | $66.08 Million | 12.86% | 0.15x | $4.23 Million |
| Mega Sun City Holdings Bhd (0081) | $52.47 Million | -28.16% | 0.02x | $3.72 Million |
| Waja Konsortium Bhd (0102) | $33.07 Million | -28.61% | 0.43x | $11.20 Million |
| Kelington Group Bhd (0151) | $66.99 Million | 13.23% | 1.98x | $1.38 Billion |
| Widad Group Bhd (0162) | $357.92 Million | 19.78% | 1.42x | $7.84 Million |
| Pasukhas Group Bhd (0177) | $136.35 Million | -12.43% | 0.39x | $3.59 Million |
| HSS Engineers Bhd (0185) | $78.71 Million | 17.81% | 0.59x | $54.89 Million |
| Cabnet Holdings Bhd (0191) | $14.34 Million | 40.24% | 1.06x | $11.22 Million |
| Inta Bina Group Bhd (0192) | $55.55 Million | 22.91% | 2.88x | $58.65 Million |
About 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