Harbour Link Group Bhd (2062) - Net Assets
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 Harbour Link Group Bhd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Harbour Link Group Bhd (2062) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 2062 market cap overview.
| 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 |
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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 |
|---|---|
|
CLIO Cosmetics Co.Ltd
KQ:237880
|
$143.11 Million |
|
Lastminute.com NV
F:09B
|
$143.20 Million |
|
Currenc Group Inc. Ordinary Shares
NASDAQ:CURR
|
$143.26 Million |
|
ROKISKIO SURIS PC EO 029
F:YTV
|
$143.31 Million |
|
Bohae Brewery
KO:000890
|
$143.06 Million |
|
Empro Group Inc. Ordinary shares
NASDAQ:EMPG
|
$143.05 Million |
|
Dexxos Participações S.A
SA:DEXP3
|
$143.03 Million |
|
Airtificial Intelligence Structures SA
MC:AI
|
$142.97 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: 0.63x
- 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 1.75x to 0.63x 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 | RM1.43 | x |
| 2017-06-30 | RM0.87 | RM1.43 | x |
| 2018-06-30 | RM0.94 | RM1.43 | x |
| 2019-06-30 | RM0.99 | RM1.43 | x |
| 2020-06-30 | RM1.05 | RM1.43 | x |
| 2021-06-30 | RM1.19 | RM1.43 | x |
| 2022-06-30 | RM1.55 | RM1.43 | x |
| 2023-06-30 | RM1.86 | RM1.43 | x |
| 2024-06-30 | RM2.02 | RM1.43 | x |
| 2025-06-30 | RM2.25 | RM1.43 | 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: $186,822,707
- Average return on equity (ROE) among peers: -5.10%
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 | $143.10 Million |
| Ancom Logistics Bhd (0048) | $24.06 Million | -3.29% | 0.97x | $8.32 Million |
| GD Express Carrier Bhd (0078) | $496.43 Million | 3.73% | 0.32x | $179.61 Million |
| Straits Inter Logistics Bhd (0080) | $177.60 Million | 3.98% | 2.42x | $8.74 Million |
| Tri-Mode System M Bhd (0199) | $92.65 Million | 2.66% | 0.82x | $7.09 Million |
| KGW Group Berhad (0282) | $11.80 Million | 133.57% | 3.18x | $12.12 Million |
| AGX Group Berhad (0299) | $36.78 Million | 16.15% | 1.46x | $43.47 Million |
| Sin-Kung Logistics Berhad (0305) | $53.87 Million | 22.91% | 1.05x | $24.10 Million |
| POS Malaysia&Services Holdings Bhd (4634) | $89.25 Million | -234.48% | 20.83x | $60.92 Million |
| Tasco Bhd (5140) | $698.98 Million | 8.83% | 1.39x | $80.34 Million |
About Harbour Link Group Bhd
Harbour-Link Group Berhad, an investment holding company, engages in management services in Malaysia, Hong Kong, China, Singapore, and Brunei. It operates through six segments: Investment holding, Shipping and Marine Services, Integrated Logistics, Machineries Trading, Engineering Works, and Property Development. The company provides container shipping liner services, tugboats and barges, as well… Read more