Harbour Link Group Bhd (2062) - Net Assets

Latest as of September 2025: RM923.66 Million MYR ≈ $231.90 Million USD

Based on the latest financial reports, Harbour Link Group Bhd (2062) has net assets worth RM923.66 Million MYR (≈ $231.90 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM1.35 Billion ≈ $338.43 Million USD) and total liabilities (RM424.31 Million ≈ $106.53 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 2062 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM923.66 Million
% of Total Assets	68.52%
Annual Growth Rate	11.78%
5-Year Change	88.93%
10-Year Change	174.89%
Growth Volatility	7.3

Harbour Link Group Bhd - Net Assets Trend (2012–2025)

This chart illustrates how Harbour Link Group Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 2062 market cap overview.

Annual Net Assets for Harbour Link Group Bhd (2012–2025)

The table below shows the annual net assets of Harbour Link Group Bhd from 2012 to 2025. Also explore 2062 net assets growth trend to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-06-30	RM897.81 Million ≈ $225.41 Million	+11.39%
2024-06-30	RM806.00 Million ≈ $202.36 Million	+8.46%
2023-06-30	RM743.10 Million ≈ $186.57 Million	+20.61%
2022-06-30	RM616.11 Million ≈ $154.68 Million	+29.65%
2021-06-30	RM475.20 Million ≈ $119.31 Million	+13.32%
2020-06-30	RM419.35 Million ≈ $105.28 Million	+5.39%
2019-06-30	RM397.89 Million ≈ $99.90 Million	+5.82%
2018-06-30	RM376.01 Million ≈ $94.40 Million	+8.29%
2017-06-30	RM347.22 Million ≈ $87.18 Million	+6.31%
2016-06-30	RM326.61 Million ≈ $82.00 Million	+9.23%
2015-06-30	RM299.00 Million ≈ $75.07 Million	+20.08%
2014-06-30	RM249.00 Million ≈ $62.52 Million	+14.75%
2013-06-30	RM217.00 Million ≈ $54.48 Million	+2.84%
2012-06-30	RM211.00 Million ≈ $52.98 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Harbour Link 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 337.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	RM696.13 Million	77.54%
Common Stock	RM200.20 Million	22.30%
Other Components	RM1.48 Million	0.16%
Total Equity	RM897.81 Million	100.00%

Harbour Link Group Bhd Competitors by Market Cap

The table below lists competitors of Harbour Link Group Bhd ranked by their market capitalization.

Company	Market Cap
Bhagyanagar India Limited NSE:BHAGYANGR	$129.20 Million
Bisi International Tbk JK:BISI	$129.20 Million
EMC Instytut Medyczny SA WAR:EMC	$129.22 Million
Unifiedpost Group SA BR:UPG	$129.22 Million
Monte Carlo Fashions Limited NSE:MONTECARLO	$129.02 Million
EDAP TMS S.A F:EDA	$128.94 Million
Hanyang Digitech Co. Ltd KQ:078350	$128.88 Million
Thuan Duc JSC VN:TDP	$128.86 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Harbour Link Group Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 805,996,420 to 897,805,650, a change of 91,809,230 (11.4%).
Net income of 117,985,700 contributed positively to equity growth.
Dividend payments of 23,914,600 reduced retained earnings.
New share issuances of 4,350,000 increased equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM117.99 Million	+13.14%
Dividends Paid	RM23.91 Million	-2.66%
Share Issuances	RM4.35 Million	+0.48%
Other Changes	RM-6.61 Million	-0.74%
Total Change	RM-	11.39%

Book Value vs Market Value Analysis

This analysis compares Harbour Link 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: 0.57x
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 1.58x to 0.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-06-30	RM0.82	RM1.29	x
2017-06-30	RM0.87	RM1.29	x
2018-06-30	RM0.94	RM1.29	x
2019-06-30	RM0.99	RM1.29	x
2020-06-30	RM1.05	RM1.29	x
2021-06-30	RM1.19	RM1.29	x
2022-06-30	RM1.55	RM1.29	x
2023-06-30	RM1.86	RM1.29	x
2024-06-30	RM2.02	RM1.29	x
2025-06-30	RM2.25	RM1.29	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Harbour Link 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): 13.14%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 11.43%
• Asset Turnover: 0.80x
• Equity Multiplier: 1.44x
Recent ROE (13.14%) is below the historical average (13.35%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	18.61%	10.26%	0.87x	2.09x	RM24.06 Million
2016	17.21%	9.51%	1.00x	1.80x	RM23.54 Million
2017	8.25%	5.45%	0.87x	1.75x	RM-6.09 Million
2018	9.55%	5.55%	1.02x	1.68x	RM-1.69 Million
2019	6.28%	4.21%	0.91x	1.64x	RM-14.80 Million
2020	6.18%	4.20%	0.92x	1.61x	RM-16.01 Million
2021	12.75%	9.95%	0.83x	1.54x	RM13.06 Million
2022	24.30%	16.50%	0.94x	1.56x	RM88.13 Million
2023	19.89%	14.68%	0.93x	1.46x	RM73.52 Million
2024	10.69%	9.15%	0.81x	1.45x	RM5.59 Million
2025	13.14%	11.43%	0.80x	1.44x	RM28.21 Million

Industry Comparison

This section compares Harbour Link Group Bhd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.

Industry Context

Industry: Integrated Freight & Logistics
Average net assets among peers: $267,266,683
Average return on equity (ROE) among peers: 10.87%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Harbour Link Group Bhd (2062)	RM923.66 Million	18.61%	0.46x	$129.09 Million
Ancom Logistics Bhd (0048)	$23.45 Million	-1.47%	1.07x	$9.51 Million
GD Express Carrier Bhd (0078)	$449.68 Million	5.25%	0.15x	$185.85 Million
Straits Inter Logistics Bhd (0080)	$36.28 Million	6.96%	0.21x	$6.87 Million
Tri-Mode System M Bhd (0199)	$28.76 Million	16.23%	1.59x	$6.88 Million
KGW Group Berhad (0282)	$47.57 Million	5.65%	0.39x	$10.91 Million
AGX Group Berhad (0299)	$5.29 Million	10.57%	12.50x	$47.28 Million
Sin-Kung Logistics Berhad (0305)	$27.71 Million	33.86%	2.09x	$25.61 Million
POS Malaysia&Services Holdings Bhd (4634)	$1.57 Billion	9.24%	0.28x	$48.15 Million
Tasco Bhd (5140)	$214.14 Million	11.57%	0.38x	$76.32 Million

About Harbour Link Group Bhd

KLSE:2062 Malaysia Integrated Freight & Logistics

Market Cap

$129.09 Million

RM514.16 Million MYR

Market Cap Rank

#18333 Global

#285 in Malaysia

Share Price

RM1.29

Change (1 day)

+0.78%

52-Week Range

RM1.26 - RM1.62

All Time High

RM1.79