Ni Hsin Resources Bhd (7215) - Net Assets

Latest as of September 2025: RM90.99 Million MYR ≈ $22.84 Million USD

Based on the latest financial reports, Ni Hsin Resources Bhd (7215) has net assets worth RM90.99 Million MYR (≈ $22.84 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 (RM127.06 Million ≈ $31.90 Million USD) and total liabilities (RM36.06 Million ≈ $9.05 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 Ni Hsin Resources Bhd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets RM90.99 Million
% of Total Assets 71.61%
Annual Growth Rate 3.53%
5-Year Change 2.8%
10-Year Change 54.23%
Growth Volatility 9.72

Ni Hsin Resources Bhd - Net Assets Trend (2012–2024)

This chart illustrates how Ni Hsin Resources Bhd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Ni Hsin Resources Bhd for the complete picture of this company's asset base.

Annual Net Assets for Ni Hsin Resources Bhd (2012–2024)

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

Year Net Assets Change
2024-12-31 RM91.00 Million
≈ $22.85 Million		 +0.84%
2023-12-31 RM90.24 Million
≈ $22.66 Million		 -7.89%
2022-12-31 RM97.97 Million
≈ $24.60 Million		 -3.08%
2021-12-31 RM101.08 Million
≈ $25.38 Million		 +14.20%
2020-12-31 RM88.52 Million
≈ $22.22 Million		 +2.32%
2019-12-31 RM86.51 Million
≈ $21.72 Million		 -6.72%
2018-12-31 RM92.74 Million
≈ $23.28 Million		 +15.62%
2017-12-31 RM80.21 Million
≈ $20.14 Million		 +7.64%
2016-12-31 RM74.52 Million
≈ $18.71 Million		 +26.30%
2015-12-31 RM59.00 Million
≈ $14.81 Million		 0.00%
2014-12-31 RM59.00 Million
≈ $14.81 Million		 -1.67%
2013-12-31 RM60.00 Million
≈ $15.06 Million		 0.00%
2012-12-31 RM60.00 Million
≈ $15.06 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Ni Hsin Resources 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 75.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings RM6.47 Million 7.11%
Common Stock RM84.53 Million 92.89%
Total Equity RM91.00 Million 100.00%

Ni Hsin Resources Bhd Competitors by Market Cap

The table below lists competitors of Ni Hsin Resources Bhd ranked by their market capitalization.

Company Market Cap
Jackpot Digital Inc
V:JJ
 $11.71 Million
NOWVERTICAL GROUP INC.
F:5XQ
 $11.72 Million
Bima Sakti Pertiwi Tbk PT
JK:PAMG
 $11.72 Million
Karnalyte Resources Inc.
TO:KRN
 $11.72 Million
Lovable Lingerie Limited
NSE:LOVABLE
 $11.71 Million
BTC Digital Ltd.
NASDAQ:BTCT
 $11.71 Million
Salutica Bhd
KLSE:0183
 $11.70 Million
SSH GROUP LTD
F:JRSA
 $11.70 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 90,238,000 to 90,996,000, a change of 758,000 (0.8%).
  • Net loss of 11,195,000 reduced equity.
  • Other factors increased equity by 11,953,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RM-11.20 Million -12.3%
Other Changes RM11.95 Million +13.14%
Total Change RM- 0.84%

Book Value vs Market Value Analysis

This analysis compares Ni Hsin Resources 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: 0.49x
  • 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 0.27x to 0.49x 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 RM0.32 RM0.09 x
2017-12-31 RM0.31 RM0.09 x
2018-12-31 RM0.29 RM0.09 x
2019-12-31 RM0.27 RM0.09 x
2020-12-31 RM0.28 RM0.09 x
2021-12-31 RM0.21 RM0.09 x
2022-12-31 RM0.19 RM0.09 x
2023-12-31 RM0.17 RM0.09 x
2024-12-31 RM0.17 RM0.09 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ni Hsin Resources 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): -12.30%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -21.75%
  • • Asset Turnover: 0.42x
  • • Equity Multiplier: 1.36x
  • Recent ROE (-12.30%) is below the historical average (-4.26%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 -6.59% -12.99% 0.45x 1.14x RM-12.37 Million
2017 2.60% 5.26% 0.44x 1.13x RM-5.94 Million
2018 2.34% 6.53% 0.32x 1.11x RM-7.11 Million
2019 -7.11% -19.78% 0.33x 1.10x RM-14.81 Million
2020 2.17% 7.60% 0.26x 1.10x RM-6.93 Million
2021 -6.33% -20.88% 0.26x 1.16x RM-16.50 Million
2022 -5.09% -14.35% 0.30x 1.18x RM-14.78 Million
2023 -8.04% -25.15% 0.27x 1.19x RM-16.28 Million
2024 -12.30% -21.75% 0.42x 1.36x RM-20.29 Million

Industry Comparison

This section compares Ni Hsin Resources Bhd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

  • Industry: Furnishings, Fixtures & Appliances
  • Average net assets among peers: $240,079,948
  • Average return on equity (ROE) among peers: 15.07%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ni Hsin Resources Bhd (7215) RM90.99 Million -6.59% 0.40x $11.71 Million
Wegmans Holdings Berhad (0197) $121.28 Million 16.33% 0.60x $10.95 Million
Spring Art Holdings Bhd (0216) $64.00 Million 12.61% 0.28x $12.52 Million
Mobilia Holdings Bhd (0229) $61.63 Million 19.09% 0.71x $14.82 Million
Ecomate Holdings Bhd (0239) $43.47 Million 14.19% 0.47x $152.81 Million
Synergy House Berhad (0279) $34.35 Million 41.88% 2.25x $26.99 Million
Topmix Berhad (0302) $17.68 Million 13.36% 1.02x $46.97 Million
FACB Industries Incorporated (2984) $213.42 Million 3.99% 0.12x $34.33 Million
Panasonic Manufacture Malaysia (3719) $779.00 Million 18.86% 0.27x $109.81 Million
Evergreen Fibreboard Bhd (5101) $806.00 Million -5.33% 0.60x $27.57 Million
Homeritz Corporation Bhd (5160) $259.97 Million 15.77% 0.09x $46.66 Million

About Ni Hsin Resources Bhd

KLSE:7215 Malaysia Furnishings, Fixtures & Appliances
Market Cap
$11.71 Million
RM46.65 Million MYR
Market Cap Rank
#26478 Global
#819 in Malaysia
Share Price
RM0.09
Change (1 day)
+0.00%
52-Week Range
RM0.07 - RM0.13
All Time High
RM0.34
Categories
Companies in Malaysia Furnishings, Fixtures & Appliances
About

Ni Hsin Group Berhad, an investment holding company, designs, manufactures, and sells stainless steel kitchenware and cookware products in Malaysia, Japan, the United States, Europe, Canada, and the Asia Pacific. It operates through five segments: Cookware; Stainless Steel Products; Food and Beverages; Logistics; and Electric Vehicles. The company provides a range of stainless-steel multi-ply coo… Read more