Poh Huat Resources Holdings
Poh Huat Resources Holdings Berhad, an investment holding company, manufactures and sells furniture in Malaysia and Vietnam. The company offers panel-based office suites, including tables, work-tops, side extensions, counters, pedestals, cabinets, and workstations; bedroom suites, such as beds, nightstands, chests of drawers, dressers, mirrors, and other bedroom fittings; and home-office suites, … Read more
Poh Huat Resources Holdings (7088) - Net Assets
Latest net assets as of October 2025: RM488.18 Million MYR
Based on the latest financial reports, Poh Huat Resources Holdings (7088) has net assets worth RM488.18 Million MYR as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM557.34 Million) and total liabilities (RM69.16 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 | RM488.18 Million |
| % of Total Assets | 87.59% |
| Annual Growth Rate | 9.85% |
| 5-Year Change | 8.29% |
| 10-Year Change | 100.65% |
| Growth Volatility | 8.14 |
Poh Huat Resources Holdings - Net Assets Trend (2012–2025)
This chart illustrates how Poh Huat Resources Holdings's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Poh Huat Resources Holdings (2012–2025)
The table below shows the annual net assets of Poh Huat Resources Holdings from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | RM488.18 Million | -5.29% |
| 2024-10-31 | RM515.45 Million | -3.66% |
| 2023-10-31 | RM535.01 Million | +2.53% |
| 2022-10-31 | RM521.81 Million | +15.75% |
| 2021-10-31 | RM450.82 Million | +5.63% |
| 2020-10-31 | RM426.78 Million | +17.84% |
| 2019-10-31 | RM362.15 Million | +14.25% |
| 2018-10-31 | RM316.99 Million | +11.26% |
| 2017-10-31 | RM284.91 Million | +17.10% |
| 2016-10-31 | RM243.30 Million | +13.69% |
| 2015-10-31 | RM214.00 Million | +23.70% |
| 2014-10-31 | RM173.00 Million | +10.19% |
| 2013-10-31 | RM157.00 Million | +9.03% |
| 2012-10-31 | RM144.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Poh Huat Resources Holdings'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 238.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM365.10 Million | 74.79% |
| Other Components | RM123.08 Million | 25.21% |
| Total Equity | RM488.18 Million | 100.00% |
Poh Huat Resources Holdings Competitors by Market Cap
The table below lists competitors of Poh Huat Resources Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Numulae Gestion de Servicios SOCIMI SA
MC:YNUM
|
$23.49 Million |
|
Ak Holdings
KO:006840
|
$23.50 Million |
|
Positive Physicians Holdings Inc
PINK:PPHI
|
$23.50 Million |
|
YATRA ONLINE DL-0001
F:26Y
|
$23.51 Million |
|
Prakash Pipes Limited
NSE:PPL
|
$23.49 Million |
|
Pollux Investasi Internasional Tbk PT
JK:POLI
|
$23.48 Million |
|
Acorn Energy, Inc. Common Stock
OTCQB:ACFN
|
$23.47 Million |
|
Cleo Diagnostics Ltd
AU:COV
|
$23.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Poh Huat Resources Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 515,451,060 to 488,180,960, a change of -27,270,100 (-5.3%).
- Net income of 13,283,560 contributed positively to equity growth.
- Dividend payments of 21,197,790 reduced retained earnings.
- Other factors decreased equity by 19,355,870.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM13.28 Million | +2.72% |
| Dividends Paid | RM21.20 Million | -4.34% |
| Other Changes | RM-19.36 Million | -3.96% |
| Total Change | RM- | -5.29% |
Book Value vs Market Value Analysis
This analysis compares Poh Huat Resources Holdings'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: 0.46x
- 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 decreased from 0.74x to 0.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-10-31 | RM1.14 | RM0.84 | x |
| 2017-10-31 | RM1.33 | RM0.84 | x |
| 2018-10-31 | RM1.44 | RM0.84 | x |
| 2019-10-31 | RM1.58 | RM0.84 | x |
| 2020-10-31 | RM1.61 | RM0.84 | x |
| 2021-10-31 | RM1.70 | RM0.84 | x |
| 2022-10-31 | RM1.97 | RM0.84 | x |
| 2023-10-31 | RM2.02 | RM0.84 | x |
| 2024-10-31 | RM1.95 | RM0.84 | x |
| 2025-10-31 | RM1.84 | RM0.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Poh Huat Resources Holdings 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): 2.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.20%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.14x
- Recent ROE (2.72%) is below the historical average (12.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 18.25% | 8.59% | 1.32x | 1.61x | RM17.63 Million |
| 2016 | 19.34% | 8.79% | 1.43x | 1.54x | RM22.73 Million |
| 2017 | 19.58% | 9.08% | 1.52x | 1.42x | RM27.28 Million |
| 2018 | 14.87% | 7.58% | 1.44x | 1.36x | RM15.44 Million |
| 2019 | 14.05% | 7.26% | 1.46x | 1.33x | RM14.68 Million |
| 2020 | 12.16% | 7.87% | 1.16x | 1.33x | RM9.23 Million |
| 2021 | 7.15% | 5.81% | 1.00x | 1.24x | RM-12.86 Million |
| 2022 | 16.11% | 11.95% | 1.13x | 1.19x | RM31.87 Million |
| 2023 | 4.99% | 6.24% | 0.69x | 1.15x | RM-26.79 Million |
| 2024 | 5.70% | 6.17% | 0.79x | 1.17x | RM-22.19 Million |
| 2025 | 2.72% | 3.20% | 0.74x | 1.14x | RM-35.53 Million |
Industry Comparison
This section compares Poh Huat Resources Holdings's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $252,688,499
- Average return on equity (ROE) among peers: 16.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Poh Huat Resources Holdings (7088) | RM488.18 Million | 18.25% | 0.14x | $23.49 Million |
| Wegmans Holdings Berhad (0197) | $72.96 Million | 17.10% | 0.67x | $1.67 Million |
| Spring Art Holdings Bhd (0216) | $93.77 Million | 9.85% | 0.25x | $2.92 Million |
| Mobilia Holdings Bhd (0229) | $32.23 Million | 26.85% | 1.30x | $2.54 Million |
| Synergy House Berhad (0279) | $34.35 Million | 41.88% | 2.25x | $4.11 Million |
| Topmix Berhad (0302) | $21.57 Million | 20.48% | 1.42x | $8.71 Million |
| Sorento Capital Berhad (0326) | $143.13 Million | 18.33% | 0.37x | $1.42K |
| FACB Industries Incorporated (2984) | $217.85 Million | 0.55% | 0.10x | $7.48 Million |
| Panasonic Manufacture Malaysia (3719) | $718.00 Million | 13.93% | 0.26x | $43.73 Million |
| Evergreen Fibreboard Bhd (5101) | $1.04 Billion | 3.31% | 0.37x | $10.40 Million |
| Homeritz Corporation Bhd (5160) | $155.54 Million | 14.22% | 0.13x | $9.76 Million |