HeiTech Padu Bhd (5028) - Net Assets

Latest as of September 2025: RM229.06 Million MYR ≈ $57.51 Million USD

Based on the latest financial reports, HeiTech Padu Bhd (5028) has net assets worth RM229.06 Million MYR (≈ $57.51 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 (RM749.60 Million ≈ $188.20 Million USD) and total liabilities (RM520.55 Million ≈ $130.69 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 HeiTech Padu Bhd (5028) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM229.06 Million
% of Total Assets	30.56%
Annual Growth Rate	-1.84%
5-Year Change	40.44%
10-Year Change	3.35%
Growth Volatility	23.62

HeiTech Padu Bhd - Net Assets Trend (2012–2024)

This chart illustrates how HeiTech Padu Bhd's net assets have evolved over time, based on quarterly financial data. Also explore 5028 total asset value for the complete picture of this company's asset base.

Annual Net Assets for HeiTech Padu Bhd (2012–2024)

The table below shows the annual net assets of HeiTech Padu Bhd from 2012 to 2024. For live valuation and market cap data, see market cap of HeiTech Padu Bhd.

Year	Net Assets	Change
2024-12-31	RM173.63 Million ≈ $43.59 Million	+19.87%
2023-12-31	RM144.85 Million ≈ $36.37 Million	+65.04%
2022-12-31	RM87.77 Million ≈ $22.04 Million	-9.79%
2021-12-31	RM97.29 Million ≈ $24.43 Million	-21.31%
2020-12-31	RM123.63 Million ≈ $31.04 Million	+9.20%
2019-12-31	RM113.22 Million ≈ $28.42 Million	+6.85%
2018-12-31	RM105.95 Million ≈ $26.60 Million	-29.93%
2017-12-31	RM151.22 Million ≈ $37.97 Million	-11.71%
2016-12-31	RM171.28 Million ≈ $43.00 Million	+1.95%
2015-12-31	RM168.00 Million ≈ $42.18 Million	+1.20%
2014-12-31	RM166.00 Million ≈ $41.68 Million	-7.78%
2013-12-31	RM180.00 Million ≈ $45.19 Million	-17.05%
2012-12-31	RM217.00 Million ≈ $54.48 Million	--

Equity Component Analysis

This analysis shows how different components contribute to HeiTech Padu 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 132.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	RM136.65 Million	78.70%
Other Components	RM51.99 Million	29.94%
Total Equity	RM173.63 Million	100.00%

HeiTech Padu Bhd Competitors by Market Cap

The table below lists competitors of HeiTech Padu Bhd ranked by their market capitalization.

Company	Market Cap
Vbt Yazilim AS IS:VBTYZ	$56.08 Million
BEST Inc NYSE:BEST	$56.09 Million
BenQ Medical Technology TWO:4116	$56.09 Million
Cs Holdings KO:000590	$56.10 Million
Thunderbird Entertainment Group Inc V:TBRD	$56.05 Million
Cho Bi KO:001550	$56.05 Million
JAKS Resources Bhd KLSE:4723	$56.05 Million
Subex Limited NSE:SUBEXLTD	$56.05 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 144,853,000 to 173,635,000, a change of 28,782,000 (19.9%).
Net income of 6,706,000 contributed positively to equity growth.
Share repurchases of 18,901,000 reduced equity.
New share issuances of 18,901,000 increased equity.
Other factors increased equity by 22,076,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	RM6.71 Million	+3.86%
Share Repurchases	RM18.90 Million	-10.89%
Share Issuances	RM18.90 Million	+10.89%
Other Changes	RM22.08 Million	+12.71%
Total Change	RM-	19.87%

Book Value vs Market Value Analysis

This analysis compares HeiTech Padu 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: 1.10x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.81x to 1.10x 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	RM1.69	RM1.37	x
2017-12-31	RM1.49	RM1.37	x
2018-12-31	RM1.05	RM1.37	x
2019-12-31	RM1.12	RM1.37	x
2020-12-31	RM1.22	RM1.37	x
2021-12-31	RM0.96	RM1.37	x
2022-12-31	RM0.87	RM1.37	x
2023-12-31	RM1.14	RM1.37	x
2024-12-31	RM1.25	RM1.37	x

Capital Efficiency Dashboard

This dashboard shows how efficiently HeiTech Padu 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): 3.86%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.99%
• Asset Turnover: 0.61x
• Equity Multiplier: 3.17x
Recent ROE (3.86%) is above the historical average (-3.32%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	0.62%	0.27%	0.83x	2.81x	RM-15.18 Million
2016	4.19%	1.98%	0.79x	2.69x	RM-9.96 Million
2017	-9.26%	-3.28%	0.98x	2.88x	RM-29.12 Million
2018	-25.54%	-7.13%	1.21x	2.96x	RM-37.66 Million
2019	6.56%	2.06%	1.11x	2.87x	RM-3.89 Million
2020	8.88%	3.37%	0.86x	3.05x	RM-1.39 Million
2021	-16.22%	-5.85%	0.90x	3.09x	RM-25.51 Million
2022	-11.24%	-3.36%	0.99x	3.38x	RM-18.65 Million
2023	4.94%	2.58%	0.64x	2.99x	RM-7.33 Million
2024	3.86%	1.99%	0.61x	3.17x	RM-10.66 Million

Industry Comparison

This section compares HeiTech Padu Bhd's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

Industry: Information Technology Services
Average net assets among peers: $154,301,364
Average return on equity (ROE) among peers: -8.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
HeiTech Padu Bhd (5028)	RM229.06 Million	0.62%	2.27x	$56.06 Million
NetX Holdings Bhd (0020)	$18.58 Million	-64.13%	0.28x	$11.77 Million
Metronic Global Bhd (0043)	$151.33 Million	-19.43%	0.23x	$1.92 Million
NCT Alliance Bhd (0056)	$802.53 Million	6.18%	1.24x	$308.04 Million
Vortex Consolidated Bhd (0060)	$312.11 Million	0.76%	0.09x	$72.28 Million
Lyc Healthcare Bhd (0075)	$27.58 Million	-33.45%	5.64x	$2.79 Million
Aldrich Resources Bhd (0079)	$22.35 Million	-5.12%	0.36x	$5.18 Million
Rexit Bhd (0106)	$36.05 Million	21.79%	0.08x	$24.14 Million
Privasia Technology Bhd (0123)	$60.75 Million	1.15%	0.92x	$13.57 Million
Microlink Solutions Bhd (0126)	$56.55 Million	2.38%	2.08x	$32.31 Million
Diversified Gateway Solutions Bhd (0131)	$55.19 Million	6.62%	0.85x	$15.91 Million

About HeiTech Padu Bhd

KLSE:5028 Malaysia Information Technology Services

Market Cap

$56.06 Million

RM223.29 Million MYR

Market Cap Rank

#21447 Global

#454 in Malaysia

Share Price

RM1.37

Change (1 day)

+0.00%

52-Week Range

RM1.34 - RM2.34

All Time High

RM4.34