Harrisons Holdings (Malaysia)
Harrisons Holdings (Malaysia) Berhad, an investment holding company, markets, sells, and distributes building materials, industrial and agricultural chemical products, liquor products, and consumer goods primarily in Malaysia and Singapore. It operates through three segments: Trade and Distribution, Retail, and Shipping and Others. The company offers packaged food and beverages, personal care pro… Read more
Harrisons Holdings (Malaysia) (5008) - Net Assets
Latest net assets as of September 2025: RM469.89 Million MYR
Based on the latest financial reports, Harrisons Holdings (Malaysia) (5008) has net assets worth RM469.89 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 (RM964.87 Million) and total liabilities (RM494.98 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 | RM469.89 Million |
| % of Total Assets | 48.7% |
| Annual Growth Rate | 3.95% |
| 5-Year Change | 37.44% |
| 10-Year Change | 56.94% |
| Growth Volatility | 4.71 |
Harrisons Holdings (Malaysia) - Net Assets Trend (2012–2024)
This chart illustrates how Harrisons Holdings (Malaysia)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Harrisons Holdings (Malaysia) (2012–2024)
The table below shows the annual net assets of Harrisons Holdings (Malaysia) from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM458.26 Million | +1.93% |
| 2023-12-31 | RM449.58 Million | +8.33% |
| 2022-12-31 | RM415.03 Million | +12.90% |
| 2021-12-31 | RM367.60 Million | +10.25% |
| 2020-12-31 | RM333.43 Million | +4.92% |
| 2019-12-31 | RM317.80 Million | +3.34% |
| 2018-12-31 | RM307.54 Million | +0.83% |
| 2017-12-31 | RM305.01 Million | +1.54% |
| 2016-12-31 | RM300.38 Million | +2.87% |
| 2015-12-31 | RM292.00 Million | +1.74% |
| 2014-12-31 | RM287.00 Million | -5.90% |
| 2013-12-31 | RM305.00 Million | +5.90% |
| 2012-12-31 | RM288.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Harrisons Holdings (Malaysia)'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 78.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM389.75 Million | 85.05% |
| Common Stock | RM68.52 Million | 14.95% |
| Total Equity | RM458.26 Million | 100.00% |
Harrisons Holdings (Malaysia) Competitors by Market Cap
The table below lists competitors of Harrisons Holdings (Malaysia) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alterity Therapeutics Ltd
NASDAQ:ATHE
|
$67.51 Million |
|
XSpray Pharma AB
ST:XSPRAY
|
$67.54 Million |
|
Himatsingka Seide Limited
NSE:HIMATSEIDE
|
$67.54 Million |
|
Lassila &Tikanoja Oyj
HE:LAT1V
|
$67.58 Million |
|
Carlo Gavazzi Holding AG
SW:GAV
|
$67.49 Million |
|
Cupid Limited
NSE:CUPID
|
$67.40 Million |
|
Best Precision Industrial Co., Ltd.
TWO:6859
|
$67.39 Million |
|
Treace Medical Concepts Inc
NASDAQ:TMCI
|
$67.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harrisons Holdings (Malaysia)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 449,581,000 to 458,256,000, a change of 8,675,000 (1.9%).
- Net income of 42,992,000 contributed positively to equity growth.
- Dividend payments of 35,172,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM42.99 Million | +9.38% |
| Dividends Paid | RM35.17 Million | -7.68% |
| Other Changes | RM855.00K | +0.19% |
| Total Change | RM- | 1.93% |
Book Value vs Market Value Analysis
This analysis compares Harrisons Holdings (Malaysia)'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: 0.88x
- 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 0.27x to 0.88x 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 | RM4.39 | RM1.18 | x |
| 2017-12-31 | RM4.45 | RM1.18 | x |
| 2018-12-31 | RM4.49 | RM1.18 | x |
| 2019-12-31 | RM4.64 | RM1.18 | x |
| 2020-12-31 | RM4.87 | RM1.18 | x |
| 2021-12-31 | RM5.37 | RM1.18 | x |
| 2022-12-31 | RM6.06 | RM1.18 | x |
| 2023-12-31 | RM1.31 | RM1.18 | x |
| 2024-12-31 | RM1.34 | RM1.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harrisons Holdings (Malaysia) 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): 9.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.98%
- • Asset Turnover: 2.23x
- • Equity Multiplier: 2.13x
- Recent ROE (9.38%) is below the historical average (9.52%), 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 | 5.14% | 1.00% | 2.36x | 2.17x | RM-14.19 Million |
| 2016 | 6.84% | 1.37% | 2.34x | 2.14x | RM-9.49 Million |
| 2017 | 7.08% | 1.39% | 2.34x | 2.17x | RM-8.91 Million |
| 2018 | 7.08% | 1.32% | 2.30x | 2.33x | RM-8.98 Million |
| 2019 | 8.45% | 1.52% | 2.19x | 2.54x | RM-4.94 Million |
| 2020 | 8.84% | 1.63% | 2.38x | 2.28x | RM-3.86 Million |
| 2021 | 11.35% | 2.16% | 2.61x | 2.02x | RM4.98 Million |
| 2022 | 16.08% | 3.07% | 2.37x | 2.21x | RM25.24 Million |
| 2023 | 14.99% | 2.99% | 2.39x | 2.10x | RM22.43 Million |
| 2024 | 9.38% | 1.98% | 2.23x | 2.13x | RM-2.83 Million |
Industry Comparison
This section compares Harrisons Holdings (Malaysia)'s net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $242,951,212
- Average return on equity (ROE) among peers: 6.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harrisons Holdings (Malaysia) (5008) | RM469.89 Million | 5.14% | 1.05x | $67.50 Million |
| Nexgram Holdings Bhd (0096) | $113.98 Million | -4.68% | 0.42x | $2.53 Million |
| UNITRAD (0247) | $359.41 Million | 5.73% | 2.14x | $18.27 Million |
| Yew Lee Pacific Group Berhad (0248) | $26.08 Million | 19.92% | 0.46x | $10.72 Million |
| Knusford Bhd (5035) | $228.53 Million | 4.02% | 0.95x | $1.27 Million |
| Engtex Group Bhd (5056) | $442.00 Million | 9.95% | 1.50x | $31.36 Million |
| Turbo Mech Bhd (5167) | $114.82 Million | 4.39% | 0.12x | $636.52K |
| DKSH Holdings Malaysia Berhad (5908) | $498.32 Million | 7.39% | 2.65x | $40.45 Million |
| UMS Holdings Bhd (7137) | $160.46 Million | 3.34% | 0.05x | $4.17 Million |