HeiTech Padu Bhd (5028) - Net Assets

Latest as of December 2025: RM237.15 Million MYR ≈ $59.54 Million USD

Based on the latest financial reports, HeiTech Padu Bhd (5028) has net assets worth RM237.15 Million MYR (≈ $59.54 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM831.94 Million ≈ $208.87 Million USD) and total liabilities (RM594.79 Million ≈ $149.33 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 5028 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM237.15 Million
% of Total Assets	28.51%
Annual Growth Rate	0.69%
5-Year Change	143.75%
10-Year Change	38.46%
Growth Volatility	24.64

HeiTech Padu Bhd - Net Assets Trend (2012–2025)

This chart illustrates how HeiTech Padu Bhd's net assets have evolved over time, based on quarterly financial data. See 5028 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for HeiTech Padu Bhd (2012–2025)

The table below shows the annual net assets of HeiTech Padu Bhd from 2012 to 2025. For live valuation and market cap data, see market cap of HeiTech Padu Bhd.

Year	Net Assets	Change
2025-12-31	RM237.15 Million ≈ $59.54 Million	+36.58%
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 83.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RM7.74 Million	3.27%
Common Stock	RM173.54 Million	73.18%
Other Components	RM55.86 Million	23.56%
Total Equity	RM237.15 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
Cettire Ltd AU:CTT	$55.30 Million
Minupar Participações S.A SA:MNPR3	$55.31 Million
Shagrir Group Vehicle Services Ltd TA:SHGR	$55.31 Million
RTG Mining Inc TO:RTG	$55.32 Million
Emperor Energy Ltd AU:EMP	$55.23 Million
Kandi Technologies Group Inc NASDAQ:KNDI	$55.23 Million
RedcapTour Co. Ltd KQ:038390	$55.23 Million
Titania Holding AB Series B ST:TITA-B	$55.23 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 2024 to 2025, total equity changed from 173,635,000 to 237,147,000, a change of 63,512,000 (36.6%).
Net income of 22,752,000 contributed positively to equity growth.
Share repurchases of 36,890,000 reduced equity.
New share issuances of 36,890,000 increased equity.
Other factors increased equity by 40,760,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM22.75 Million	+9.59%
Share Repurchases	RM36.89 Million	-15.56%
Share Issuances	RM36.89 Million	+15.56%
Other Changes	RM40.76 Million	+17.19%
Total Change	RM-	36.58%

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: 0.93x
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 0.80x to 0.93x 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	RM1.35	x
2017-12-31	RM1.49	RM1.35	x
2018-12-31	RM1.05	RM1.35	x
2019-12-31	RM1.12	RM1.35	x
2020-12-31	RM1.22	RM1.35	x
2021-12-31	RM0.96	RM1.35	x
2022-12-31	RM0.87	RM1.35	x
2023-12-31	RM1.14	RM1.35	x
2024-12-31	RM1.25	RM1.35	x
2025-12-31	RM1.46	RM1.35	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): 9.59%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.71%
• Asset Turnover: 0.74x
• Equity Multiplier: 3.51x
Recent ROE (9.59%) is above the historical average (-2.15%), 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
2025	9.59%	3.71%	0.74x	3.51x	RM-962.70K

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: $94,356,107
Average return on equity (ROE) among peers: -55.73%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
HeiTech Padu Bhd (5028)	RM237.15 Million	0.62%	2.51x	$55.24 Million
NetX Holdings Bhd (0020)	$90.10 Million	-31.11%	0.44x	$14.13 Million
Metronic Global Bhd (0043)	$50.48 Million	-10.03%	1.97x	$3.84 Million
NCT Alliance Bhd (0056)	$496.26 Million	8.90%	0.68x	$310.69 Million
Vortex Consolidated Bhd (0060)	$120.90 Million	-10.09%	1.20x	$69.70 Million
Lyc Healthcare Bhd (0075)	$11.16 Million	-5.30%	0.87x	$1.86 Million
Aldrich Resources Bhd (0079)	$20.85 Million	-455.94%	0.12x	$3.89 Million
Rexit Bhd (0106)	$36.05 Million	21.79%	0.08x	$25.01 Million
Privasia Technology Bhd (0123)	$62.42 Million	-7.47%	0.54x	$12.72 Million
Microlink Solutions Bhd (0126)	$30.30 Million	6.40%	0.10x	$30.29 Million
Diversified Gateway Solutions Bhd (0131)	$25.03 Million	-74.43%	0.70x	$15.91 Million

About HeiTech Padu Bhd

KLSE:5028 Malaysia Information Technology Services

Market Cap

$55.24 Million

RM220.03 Million MYR

Market Cap Rank

#21587 Global

#456 in Malaysia

Share Price

RM1.35

Change (1 day)

+0.00%

52-Week Range

RM1.32 - RM2.34

All Time High

RM4.34