New Hoong Fatt Holdings Bhd (7060) - Net Assets

Latest as of September 2025: RM591.09 Million MYR ≈ $148.40 Million USD

Based on the latest financial reports, New Hoong Fatt Holdings Bhd (7060) has net assets worth RM591.09 Million MYR (≈ $148.40 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 (RM660.77 Million ≈ $165.90 Million USD) and total liabilities (RM69.68 Million ≈ $17.50 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. Read 7060 current and long-term liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM591.09 Million
% of Total Assets	89.45%
Annual Growth Rate	5.48%
5-Year Change	23.15%
10-Year Change	74.16%
Growth Volatility	4.25

New Hoong Fatt Holdings Bhd - Net Assets Trend (2012–2024)

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

Annual Net Assets for New Hoong Fatt Holdings Bhd (2012–2024)

The table below shows the annual net assets of New Hoong Fatt Holdings Bhd from 2012 to 2024. For live valuation and market cap data, see how much is New Hoong Fatt Holdings Bhd worth.

Year	Net Assets	Change
2024-12-31	RM574.72 Million ≈ $144.29 Million	+4.65%
2023-12-31	RM549.16 Million ≈ $137.88 Million	+7.79%
2022-12-31	RM509.48 Million ≈ $127.91 Million	+4.16%
2021-12-31	RM489.12 Million ≈ $122.80 Million	+4.81%
2020-12-31	RM466.67 Million ≈ $117.16 Million	+0.70%
2019-12-31	RM463.44 Million ≈ $116.35 Million	+1.53%
2018-12-31	RM456.45 Million ≈ $114.60 Million	+7.00%
2017-12-31	RM426.59 Million ≈ $107.10 Million	+14.57%
2016-12-31	RM372.34 Million ≈ $93.48 Million	+12.83%
2015-12-31	RM330.00 Million ≈ $82.85 Million	+5.10%
2014-12-31	RM314.00 Million ≈ $78.84 Million	+0.32%
2013-12-31	RM313.00 Million ≈ $78.58 Million	+3.30%
2012-12-31	RM303.00 Million ≈ $76.07 Million	--

Equity Component Analysis

This analysis shows how different components contribute to New Hoong Fatt Holdings 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 grown by 65.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	RM492.05 Million	85.62%
Common Stock	RM82.67 Million	14.38%
Total Equity	RM574.72 Million	100.00%

New Hoong Fatt Holdings Bhd Competitors by Market Cap

The table below lists competitors of New Hoong Fatt Holdings Bhd ranked by their market capitalization.

Company	Market Cap
Ipopema Securities SA WAR:IPE	$61.47 Million
Happy City Holdings Limited Class A Ordinary shares NASDAQ:HCHL	$61.48 Million
IZEA Inc NASDAQ:IZEA	$61.48 Million
Taiwan Alpha Electronic Co Ltd TWO:6204	$61.50 Million
Facephi Biometria SA MC:FACE	$61.43 Million
PDS Biotechnology Corp NASDAQ:PDSB	$61.40 Million
Bluemount Holdings Limited Class B Ordinary Shares NASDAQ:BMHL	$61.39 Million
Peninsula Land Limited NSE:PENINLAND	$61.35 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in New Hoong Fatt Holdings Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 549,159,000 to 574,718,000, a change of 25,559,000 (4.7%).
Net income of 43,962,000 contributed positively to equity growth.
Dividend payments of 18,188,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	RM43.96 Million	+7.65%
Dividends Paid	RM18.19 Million	-3.16%
Other Changes	RM-215.00K	-0.04%
Total Change	RM-	4.65%

Book Value vs Market Value Analysis

This analysis compares New Hoong Fatt Holdings 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: 0.43x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	RM4.50	RM1.48	x
2017-12-31	RM5.16	RM1.48	x
2018-12-31	RM5.52	RM1.48	x
2019-12-31	RM5.61	RM1.48	x
2020-12-31	RM5.64	RM1.48	x
2021-12-31	RM5.92	RM1.48	x
2022-12-31	RM6.16	RM1.48	x
2023-12-31	RM3.32	RM1.48	x
2024-12-31	RM3.48	RM1.48	x

Capital Efficiency Dashboard

This dashboard shows how efficiently New Hoong Fatt Holdings 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): 7.65%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.58%
• Asset Turnover: 0.43x
• Equity Multiplier: 1.14x
Recent ROE (7.65%) is above the historical average (5.24%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	8.05%	12.93%	0.51x	1.22x	RM-7.24 Million
2017	4.77%	8.11%	0.47x	1.26x	RM-22.33 Million
2018	3.07%	5.45%	0.45x	1.25x	RM-31.64 Million
2019	3.21%	5.39%	0.49x	1.22x	RM-31.47 Million
2020	2.48%	4.88%	0.43x	1.19x	RM-35.11 Million
2021	4.00%	8.02%	0.40x	1.24x	RM-29.33 Million
2022	5.24%	9.20%	0.49x	1.17x	RM-24.25 Million
2023	8.69%	16.96%	0.45x	1.15x	RM-7.21 Million
2024	7.65%	15.58%	0.43x	1.14x	RM-13.51 Million

Industry Comparison

This section compares New Hoong Fatt Holdings Bhd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $247,110,040
Average return on equity (ROE) among peers: 6.86%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
New Hoong Fatt Holdings Bhd (7060)	RM591.09 Million	8.05%	0.12x	$61.44 Million
Eversafe Rubber Bhd (0190)	$59.11 Million	-7.55%	1.21x	$4.83 Million
Betamek Bhd (0263)	$143.22 Million	13.99%	0.27x	$72.33 Million
APM Automotive Holdings Bhd (5015)	$1.23 Billion	3.11%	0.38x	$152.65 Million
ABM Fujiya Bhd (5198)	$163.76 Million	0.92%	0.89x	$10.85 Million
Globaltec Formation Bhd (5220)	$238.57 Million	0.98%	0.52x	$59.80 Million
Solid Automotive Bhd (5242)	$66.00 Million	13.64%	0.35x	$16.95 Million
Pecca Group Bhd (5271)	$155.35 Million	5.40%	0.10x	$263.74 Million
Feytech Holdings Berhad (5322)	$85.48 Million	32.28%	0.71x	$49.75 Million
MCE Holdings Bhd (7004)	$78.43 Million	-1.06%	0.51x	$56.70 Million

About New Hoong Fatt Holdings Bhd

KLSE:7060 Malaysia Auto Parts

Market Cap

$61.44 Million

RM244.71 Million MYR

Market Cap Rank

#21208 Global

#423 in Malaysia

Share Price

RM1.48

Change (1 day)

-1.99%

52-Week Range

RM1.45 - RM2.00

All Time High

RM2.20