Handal Resources Bhd (7253) - Net Assets

Latest as of March 2026: RM17.36 Million MYR ≈ $4.36 Million USD

Based on the latest financial reports, Handal Resources Bhd (7253) has net assets worth RM17.36 Million MYR (≈ $4.36 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM106.19 Million ≈ $26.66 Million USD) and total liabilities (RM88.83 Million ≈ $22.30 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 Handal Resources Bhd (7253) strategic investment index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM17.36 Million
% of Total Assets	16.35%
Annual Growth Rate	-15.15%
5-Year Change	-77.99%
10-Year Change	-88.27%
Growth Volatility	19.87

Handal Resources Bhd - Net Assets Trend (2012–2025)

This chart illustrates how Handal Resources Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Handal Resources Bhd.

Annual Net Assets for Handal Resources Bhd (2012–2025)

The table below shows the annual net assets of Handal Resources Bhd from 2012 to 2025. Also explore net asset growth rate of Handal Resources Bhd to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	RM11.59 Million ≈ $2.91 Million	-34.21%
2024-12-31	RM17.61 Million ≈ $4.42 Million	+12.63%
2023-12-31	RM15.64 Million ≈ $3.93 Million	-57.59%
2022-12-31	RM36.88 Million ≈ $9.26 Million	-29.97%
2021-12-31	RM52.66 Million ≈ $13.22 Million	-29.90%
2020-12-31	RM75.12 Million ≈ $18.86 Million	-4.34%
2019-12-31	RM78.53 Million ≈ $19.72 Million	+2.00%
2018-12-31	RM76.99 Million ≈ $19.33 Million	-21.58%
2017-12-31	RM98.17 Million ≈ $24.65 Million	-0.63%
2016-12-31	RM98.80 Million ≈ $24.81 Million	-12.09%
2015-12-31	RM112.39 Million ≈ $28.22 Million	+6.03%
2014-12-31	RM106.00 Million ≈ $26.61 Million	+4.95%
2013-12-31	RM101.00 Million ≈ $25.36 Million	+3.06%
2012-12-31	RM98.00 Million ≈ $24.60 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Handal 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 200.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	RM35.72 Million	308.22%
Total Equity	RM11.59 Million	100.00%

Handal Resources Bhd Competitors by Market Cap

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

Company	Market Cap
Universal Ibogaine Inc V:IBO	$1.13 Million
KEFI Gold and Copper Plc LSE:KEFI	$1.13 Million
2cureX AB ST:2CUREX	$1.13 Million
BEACN Wizardry & Magic Inc V:BECN	$1.13 Million
3 E Network Technology Group Ltd Class A Ordinary Shares NASDAQ:MASK	$1.13 Million
Blockchaink2 Corp V:BITK	$1.13 Million
Sobr Safe Inc NASDAQ:SOBR	$1.12 Million
SOLAI Limited NYSE:SLAIY	$1.12 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 17,614,000 to 11,589,000, a change of -6,025,000 (-34.2%).
Net loss of 35,977,000 reduced equity.
Other factors increased equity by 29,952,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM-35.98 Million	-310.44%
Other Changes	RM29.95 Million	+258.45%
Total Change	RM-	-34.21%

Book Value vs Market Value Analysis

This analysis compares Handal 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: 0.35x
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 0.01x to 0.35x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2015-12-31	RM0.70	RM0.01	x
2016-12-31	RM0.62	RM0.01	x
2017-12-31	RM0.61	RM0.01	x
2018-12-31	RM0.44	RM0.01	x
2019-12-31	RM0.36	RM0.01	x
2020-12-31	RM0.33	RM0.01	x
2021-12-31	RM0.23	RM0.01	x
2022-12-31	RM0.15	RM0.01	x
2023-12-31	RM0.04	RM0.01	x
2024-12-31	RM0.04	RM0.01	x
2025-12-31	RM0.03	RM0.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Handal 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): -310.44%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -335.23%
• Asset Turnover: 0.10x
• Equity Multiplier: 8.92x
Recent ROE (-310.44%) is below the historical average (-46.07%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	5.61%	4.88%	0.72x	1.59x	RM-4.69 Million
2015	4.94%	4.85%	0.65x	1.57x	RM-5.68 Million
2016	-13.69%	-16.27%	0.61x	1.39x	RM-23.41 Million
2017	-3.26%	-5.43%	0.43x	1.38x	RM-13.02 Million
2018	-33.98%	-32.84%	0.78x	1.32x	RM-33.86 Million
2019	-29.69%	-23.51%	0.76x	1.66x	RM-31.16 Million
2020	-4.15%	-4.42%	0.55x	1.70x	RM-10.63 Million
2021	-55.47%	-96.19%	0.29x	1.96x	RM-34.47 Million
2022	-95.55%	-66.69%	0.58x	2.46x	RM-38.92 Million
2023	20.44%	14.37%	0.24x	5.87x	RM1.63 Million
2024	-37.57%	-84.76%	0.07x	6.46x	RM-8.38 Million
2025	-310.44%	-335.23%	0.10x	8.92x	RM-37.14 Million

Industry Comparison

This section compares Handal Resources Bhd's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.

Industry Context

Industry: Oil & Gas Equipment & Services
Average net assets among peers: $537,376,659
Average return on equity (ROE) among peers: 10.69%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Handal Resources Bhd (7253)	RM17.36 Million	5.61%	5.12x	$1.13 Million
Reservoir Link Energy Bhd (0219)	$77.64 Million	-1.15%	1.08x	$30.14 Million
Ocean Vantage Holdings Bhd (0220)	$60.88 Million	-1.80%	0.61x	$21.59 Million
Coastal Contracts Bhd (5071)	$307.97 Million	31.42%	1.80x	$227.05 Million
Marine & General Bhd (5078)	$148.47 Million	32.39%	4.79x	$63.11 Million
Alam Maritim Resources Bhd (5115)	$742.12 Million	-18.53%	0.29x	$25.73 Million
Deleum Bhd (5132)	$271.00 Million	18.45%	0.85x	$106.87 Million
Petra Energy Bhd (5133)	$383.47 Million	4.18%	0.66x	$51.97 Million
Dayang Enterprise Holdings Bhd (5141)	$1.65 Billion	7.34%	0.43x	$427.30 Million
Wah Seong Corporation Bhd (5142)	$1.08 Billion	4.88%	1.00x	$159.41 Million
Malaysia Marine and Heavy Engineering Holdings Bhd (5186)	$646.83 Million	29.74%	1.55x	$150.64 Million

About Handal Resources Bhd

KLSE:7253 Malaysia Oil & Gas Equipment & Services

Market Cap

$1.13 Million

RM4.50 Million MYR

Market Cap Rank

#30625 Global

#974 in Malaysia

Share Price

RM0.01

Change (1 day)

+0.00%

52-Week Range

RM0.01 - RM0.05

All Time High

RM0.53