HB Global Ltd
HB Global Limited, an investment holding company, engages in producing, processing, and packaging of ready-to-serve food, frozen vegetables, and other culinary products in the People's Republic of China and internationally. It operates through Ready-To-Serve Food, Frozen Vegetables, and Others segments. The company is also involved in the operation as an original equipment manufacturer that produ… Read more
HB Global Ltd (5187) - Net Assets
Latest net assets as of September 2025: RM157.35 Million MYR
Based on the latest financial reports, HB Global Ltd (5187) has net assets worth RM157.35 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 (RM215.73 Million) and total liabilities (RM58.38 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 | RM157.35 Million |
| % of Total Assets | 72.94% |
| Annual Growth Rate | -12.4% |
| 5-Year Change | -46.49% |
| 10-Year Change | -48.78% |
| Growth Volatility | 21.2 |
HB Global Ltd - Net Assets Trend (2012–2024)
This chart illustrates how HB Global Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HB Global Ltd (2012–2024)
The table below shows the annual net assets of HB Global Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM158.28 Million | -2.51% |
| 2023-12-31 | RM162.36 Million | -20.93% |
| 2022-12-31 | RM205.34 Million | -44.37% |
| 2021-12-31 | RM369.12 Million | +24.79% |
| 2020-12-31 | RM295.79 Million | -13.28% |
| 2019-12-31 | RM341.08 Million | +5.19% |
| 2018-12-31 | RM324.25 Million | +5.99% |
| 2017-12-31 | RM305.92 Million | +7.79% |
| 2016-12-31 | RM283.81 Million | -8.15% |
| 2015-12-31 | RM309.00 Million | -54.56% |
| 2014-12-31 | RM680.00 Million | -6.21% |
| 2013-12-31 | RM725.00 Million | -6.45% |
| 2012-12-31 | RM775.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HB Global Ltd'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 159.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM260.13 Million | 164.34% |
| Other Components | RM863.00K | 0.55% |
| Total Equity | RM158.28 Million | 100.00% |
HB Global Ltd Competitors by Market Cap
The table below lists competitors of HB Global Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hour Loop Inc
NASDAQ:HOUR
|
$3.34 Million |
|
CBL International Limited Ordinary Shares
NASDAQ:BANL
|
$3.34 Million |
|
Sanko Diecasting (Thailand) Public Company Limited
BK:SANKO
|
$3.35 Million |
|
Huntington Exploration Inc
PINK:HEXPF
|
$3.35 Million |
|
RFG Holdings Ltd
JSE:RFG
|
$3.34 Million |
|
Cosmos Technology International Berhad
KLSE:0261
|
$3.34 Million |
|
MEDAPP S.A. ZY -10
F:WQ1
|
$3.34 Million |
|
Noble Financials SA
WAR:IBS
|
$3.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HB Global Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 162,356,000 to 158,284,000, a change of -4,072,000 (-2.5%).
- Net loss of 3,612,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-3.61 Million | -2.28% |
| Other Changes | RM-460.00K | -0.29% |
| Total Change | RM- | -2.51% |
Book Value vs Market Value Analysis
This analysis compares HB Global Ltd'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: 0.17x
- 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 0.06x to 0.17x 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 | RM0.61 | RM0.04 | x |
| 2017-12-31 | RM0.65 | RM0.04 | x |
| 2018-12-31 | RM0.69 | RM0.04 | x |
| 2019-12-31 | RM0.73 | RM0.04 | x |
| 2020-12-31 | RM0.63 | RM0.04 | x |
| 2021-12-31 | RM0.48 | RM0.04 | x |
| 2022-12-31 | RM0.26 | RM0.04 | x |
| 2023-12-31 | RM0.21 | RM0.04 | x |
| 2024-12-31 | RM0.20 | RM0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HB Global Ltd 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): -2.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.47%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.36x
- Recent ROE (-2.28%) is above the historical average (-24.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -117.59% | -134.44% | 0.58x | 1.52x | RM-393.87 Million |
| 2016 | -8.77% | -17.14% | 0.31x | 1.63x | RM-53.27 Million |
| 2017 | 7.23% | 13.18% | 0.35x | 1.54x | RM-8.48 Million |
| 2018 | 5.65% | 11.19% | 0.34x | 1.50x | RM-14.10 Million |
| 2019 | 4.94% | 10.69% | 0.33x | 1.41x | RM-17.27 Million |
| 2020 | -15.31% | -46.27% | 0.23x | 1.42x | RM-74.87 Million |
| 2021 | -10.11% | -28.40% | 0.27x | 1.34x | RM-74.25 Million |
| 2022 | -80.62% | -217.62% | 0.28x | 1.32x | RM-186.07 Million |
| 2023 | -28.23% | -57.25% | 0.36x | 1.37x | RM-62.07 Million |
| 2024 | -2.28% | -4.47% | 0.38x | 1.36x | RM-19.44 Million |
Industry Comparison
This section compares HB Global Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $67,521,143
- Average return on equity (ROE) among peers: 15.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HB Global Ltd (5187) | RM157.35 Million | -117.59% | 0.37x | $3.34 Million |
| Three A Resources Bhd (0012) | $69.82 Million | 14.48% | 0.75x | $21.22 Million |
| Sunzen Biotech Bhd (0148) | $97.23 Million | -0.13% | 0.09x | $13.06 Million |
| Bioalpha Holdings Bhd (0179) | $186.67 Million | -0.69% | 0.16x | $3.34 Million |
| Nova Wellness Group Bhd (0201) | $93.94 Million | 15.49% | 0.11x | $4.23 Million |
| SDS Group Bhd (0212) | $38.22 Million | 20.13% | 2.25x | $13.86 Million |
| PTRB (0260) | $36.06 Million | 33.90% | 1.62x | $6.02 Million |
| MYMBN Berhad (0280) | $35.86 Million | 2.72% | 0.27x | $8.98 Million |
| SBH Marine Holdings Berhad (0300) | $77.33 Million | 10.74% | 0.33x | $4.98 Million |
| Sik Cheong Berhad (0316) | $19.96 Million | 30.20% | 0.23x | $1.68 Million |
| OB Holdings Berhad (0327) | $20.10 Million | 23.44% | 0.52x | $3.31 Million |