Hup Seng Industries Bhd Net Assets

Latest as of June 2026: RM178.54 Million MYR ≈ $44.82 Million USD

Hup Seng Industries Bhd net assets. Based on the latest financial reports, Hup Seng Industries Bhd (5024) has net assets worth RM178.54 Million MYR (≈ $44.82 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM250.24 Million ≈ $62.83 Million USD) and total liabilities (RM71.70 Million ≈ $18.00 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. Also explore Hup Seng Industries Bhd (5024) equity growth momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM178.54 Million
% of Total Assets	71.35%
Annual Growth Rate	0.61%
5-Year Change	19.13%
10-Year Change	-9.54%
Growth Volatility	6.7

Net Assets of Hup Seng Industries Bhd (2012–2025)

Net assets of Hup Seng Industries Bhd from 2012 to 2025. This chart illustrates how Hup Seng Industries Bhd's net assets have evolved over time, based on quarterly financial data. See Hup Seng Industries Bhd net asset quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Hup Seng Industries Bhd (2012–2025)

The table below shows the annual net assets of Hup Seng Industries Bhd from 2012 to 2025. For live market cap and overall valuation, see Hup Seng Industries Bhd (5024) total market value.

Year	Net Assets	Change
2025-12-31	RM165.61 Million ≈ $41.58 Million	+1.11%
2024-12-31	RM163.80 Million ≈ $41.12 Million	+0.99%
2023-12-31	RM162.19 Million ≈ $40.72 Million	+14.94%
2022-12-31	RM141.10 Million ≈ $35.43 Million	+1.50%
2021-12-31	RM139.02 Million ≈ $34.90 Million	-0.54%
2020-12-31	RM139.78 Million ≈ $35.09 Million	-5.17%
2019-12-31	RM147.40 Million ≈ $37.01 Million	-5.79%
2018-12-31	RM156.47 Million ≈ $39.28 Million	-4.31%
2017-12-31	RM163.52 Million ≈ $41.05 Million	-10.68%
2016-12-31	RM183.07 Million ≈ $45.96 Million	+10.28%
2015-12-31	RM166.00 Million ≈ $41.68 Million	+7.10%
2014-12-31	RM155.00 Million ≈ $38.92 Million	+3.33%
2013-12-31	RM150.00 Million ≈ $37.66 Million	-1.96%
2012-12-31	RM153.00 Million ≈ $38.41 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hup Seng Industries 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 0.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Hup Seng Industries Bhd Net Assets Breakdown (December 2025)

Hup Seng Industries Bhd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	RM85.61 Million	51.69%
Common Stock	RM80.00 Million	48.31%
Total Equity	RM165.61 Million	100.00%

Hup Seng Industries Bhd Competitors by Market Cap

The table below lists competitors of Hup Seng Industries Bhd ranked by their market capitalization.

Company	Market Cap
Alumil Aluminium Industry S.A AT:ALMY	$162.72 Million
Ellsworth Convertible Growth & IF NYSE MKT:ECF	$162.75 Million
Agora S.A. WAR:AGO	$162.81 Million
Som Distilleries & Breweries Limited NSE:SDBL	$162.85 Million
Signetics Corporation KQ:033170	$162.67 Million
Vieworks Co. Ltd KQ:100120	$162.63 Million
Garda Property Group AU:GDF	$162.59 Million
NX Filtration Holding BV AS:NXFIL	$162.55 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hup Seng Industries Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 163,797,281 to 165,613,000, a change of 1,815,719 (1.1%).
Net income of 49,816,000 contributed positively to equity growth.
Dividend payments of 48,000,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM49.82 Million	+30.08%
Dividends Paid	RM48.00 Million	-28.98%
Other Changes	RM-281.00	-0.0%
Total Change	RM-	1.11%

Book Value vs Market Value Analysis

This analysis compares Hup Seng Industries 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: 3.91x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 3.54x to 3.91x 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	RM0.23	RM0.81	x
2017-12-31	RM0.20	RM0.81	x
2018-12-31	RM0.20	RM0.81	x
2019-12-31	RM0.18	RM0.81	x
2020-12-31	RM0.17	RM0.81	x
2021-12-31	RM0.17	RM0.81	x
2022-12-31	RM0.18	RM0.81	x
2023-12-31	RM0.20	RM0.81	x
2024-12-31	RM0.20	RM0.81	x
2025-12-31	RM0.21	RM0.81	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hup Seng Industries 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): 30.08%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.62%
• Asset Turnover: 1.59x
• Equity Multiplier: 1.50x
Recent ROE (30.08%) is above the historical average (27.39%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	33.20%	19.16%	1.17x	1.48x	RM38.43 Million
2016	26.99%	17.30%	1.16x	1.34x	RM31.10 Million
2017	27.18%	14.83%	1.23x	1.49x	RM28.10 Million
2018	27.46%	13.98%	1.30x	1.51x	RM27.31 Million
2019	26.41%	12.58%	1.32x	1.59x	RM24.19 Million
2020	28.89%	12.34%	1.43x	1.64x	RM26.40 Million
2021	19.59%	9.21%	1.43x	1.49x	RM13.34 Million
2022	18.48%	8.20%	1.50x	1.51x	RM11.97 Million
2023	27.80%	12.62%	1.50x	1.47x	RM28.87 Million
2024	35.17%	14.57%	1.57x	1.53x	RM41.23 Million
2025	30.08%	12.62%	1.59x	1.50x	RM33.25 Million

Industry Comparison

This section compares Hup Seng Industries Bhd's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

Industry: Packaged Foods
Average net assets among peers: $1,091,947,271
Average return on equity (ROE) among peers: 20.51%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hup Seng Industries Bhd (5024)	RM178.54 Million	33.20%	0.40x	$162.69 Million
Three A Resources Bhd (0012)	$69.82 Million	14.48%	0.75x	$88.46 Million
Sunzen Biotech Bhd (0148)	$106.94 Million	-6.49%	0.38x	$43.17 Million
Bioalpha Holdings Bhd (0179)	$167.86 Million	-28.49%	0.20x	$7.06 Million
Nova Wellness Group Bhd (0201)	$19.37 Million	70.79%	0.36x	$30.81 Million
SDS Group Bhd (0212)	$71.91 Million	10.11%	0.93x	$54.74 Million
PTRB (0260)	$52.22 Million	30.75%	1.26x	$30.89 Million
MYMBN Berhad (0280)	$10.79 Million	62.41%	0.50x	$16.96 Million
SBH Marine Holdings Berhad (0300)	$86.08 Million	14.56%	0.34x	$34.56 Million
OB Holdings Berhad (0327)	$20.10 Million	23.44%	0.52x	$21.63 Million
IOI Corporation Bhd (1961)	$10.31 Billion	13.52%	0.71x	$7.01 Billion

About Hup Seng Industries Bhd

KLSE:5024 Malaysia Packaged Foods

Market Cap

$162.69 Million

RM648.00 Million MYR

Market Cap Rank

#17161 Global

#243 in Malaysia

Share Price

RM0.81

Change (1 day)

+0.62%

52-Week Range

RM0.81 - RM1.09

All Time High

RM1.30