Hwa Tai Industries Bhd (8478) - Net Assets
Based on the latest financial reports, Hwa Tai Industries Bhd (8478) has net assets worth RM28.24 Million MYR (≈ $7.09 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 (RM101.49 Million ≈ $25.48 Million USD) and total liabilities (RM73.25 Million ≈ $18.39 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 8478 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM28.24 Million |
| % of Total Assets | 27.83% |
| Annual Growth Rate | 5.93% |
| 5-Year Change | 18.54% |
| 10-Year Change | -0.14% |
| Growth Volatility | 38.66 |
Hwa Tai Industries Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Hwa Tai Industries Bhd's net assets have evolved over time, based on quarterly financial data. Also explore Hwa Tai Industries Bhd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Hwa Tai Industries Bhd (2012–2024)
The table below shows the annual net assets of Hwa Tai Industries Bhd from 2012 to 2024. For live valuation and market cap data, see market value of Hwa Tai Industries Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM27.96 Million ≈ $7.02 Million |
+4.86% |
| 2023-12-31 | RM26.66 Million ≈ $6.69 Million |
+68.48% |
| 2022-12-31 | RM15.83 Million ≈ $3.97 Million |
-26.96% |
| 2021-12-31 | RM21.67 Million ≈ $5.44 Million |
-8.13% |
| 2020-12-31 | RM23.59 Million ≈ $5.92 Million |
+4.88% |
| 2019-12-31 | RM22.49 Million ≈ $5.65 Million |
-9.14% |
| 2018-12-31 | RM24.75 Million ≈ $6.21 Million |
-14.82% |
| 2017-12-31 | RM29.06 Million ≈ $7.30 Million |
+3.28% |
| 2016-12-31 | RM28.14 Million ≈ $7.06 Million |
+0.49% |
| 2015-12-31 | RM28.00 Million ≈ $7.03 Million |
+115.38% |
| 2014-12-31 | RM13.00 Million ≈ $3.26 Million |
-13.33% |
| 2013-12-31 | RM15.00 Million ≈ $3.77 Million |
+7.14% |
| 2012-12-31 | RM14.00 Million ≈ $3.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hwa Tai Industries 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 1514526000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM29.93 Million | 107.06% |
| Other Components | RM16.17 Million | 57.84% |
| Total Equity | RM27.96 Million | 100.00% |
Hwa Tai Industries Bhd Competitors by Market Cap
The table below lists competitors of Hwa Tai Industries Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pool Advista Indonesia Tbk
JK:POOL
|
$6.86 Million |
|
Biomerica Inc
NASDAQ:BMRA
|
$6.86 Million |
|
DB ENERGY S.A. ZY -10
F:0CJ
|
$6.87 Million |
|
Falmaco Nonwoven Industri PT Tbk
JK:FLMC
|
$6.87 Million |
|
KESSELRUN RESOURCES LTD
F:CMG
|
$6.86 Million |
|
Credit Intelligence Ltd
AU:CI1
|
$6.85 Million |
|
Apptech Corp
NASDAQ:APCX
|
$6.85 Million |
|
Seafarms Group Ltd
AU:SFG
|
$6.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hwa Tai Industries Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,664,670 to 27,960,260, a change of 1,295,590 (4.9%).
- Net income of 1,295,590 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.30 Million | +4.63% |
| Total Change | RM- | 4.86% |
Book Value vs Market Value Analysis
This analysis compares Hwa Tai Industries 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: 0.98x
- 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 | RM0.38 | RM0.37 | x |
| 2017-12-31 | RM0.39 | RM0.37 | x |
| 2018-12-31 | RM0.33 | RM0.37 | x |
| 2019-12-31 | RM0.30 | RM0.37 | x |
| 2020-12-31 | RM0.32 | RM0.37 | x |
| 2021-12-31 | RM0.29 | RM0.37 | x |
| 2022-12-31 | RM0.21 | RM0.37 | x |
| 2023-12-31 | RM0.36 | RM0.37 | x |
| 2024-12-31 | RM0.37 | RM0.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hwa Tai Industries 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): 4.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.30%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 3.75x
- Recent ROE (4.63%) is above the historical average (-8.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 1.16% | 0.49% | 1.00x | 2.37x | RM-2.46 Million |
| 2016 | 1.34% | 0.60% | 1.00x | 2.24x | RM-2.44 Million |
| 2017 | 3.65% | 1.57% | 1.06x | 2.20x | RM-1.84 Million |
| 2018 | -15.82% | -6.05% | 1.12x | 2.34x | RM-6.39 Million |
| 2019 | -9.87% | -3.40% | 1.11x | 2.62x | RM-4.47 Million |
| 2020 | 4.64% | 1.46% | 1.18x | 2.69x | RM-1.26 Million |
| 2021 | -8.85% | -2.61% | 1.10x | 3.09x | RM-4.09 Million |
| 2022 | -36.91% | -7.66% | 1.06x | 4.56x | RM-7.42 Million |
| 2023 | -26.63% | -8.80% | 0.83x | 3.63x | RM-9.77 Million |
| 2024 | 4.63% | 1.30% | 0.95x | 3.75x | RM-1.50 Million |
Industry Comparison
This section compares Hwa Tai Industries Bhd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $731,118,650
- Average return on equity (ROE) among peers: 18.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hwa Tai Industries Bhd (8478) | RM28.24 Million | 1.16% | 2.59x | $6.86 Million |
| Three A Resources Bhd (0012) | $348.17 Million | 8.45% | 0.17x | $86.02 Million |
| Sunzen Biotech Bhd (0148) | $97.23 Million | -0.13% | 0.09x | $45.14 Million |
| Bioalpha Holdings Bhd (0179) | $97.99 Million | 8.66% | 0.16x | $5.30 Million |
| Nova Wellness Group Bhd (0201) | $109.78 Million | 7.17% | 0.09x | $27.21 Million |
| SDS Group Bhd (0212) | $71.91 Million | 10.11% | 0.93x | $60.59 Million |
| PTRB (0260) | $209.41 Million | 5.85% | 0.79x | $39.63 Million |
| MYMBN Berhad (0280) | $10.79 Million | 62.41% | 0.50x | $9.21 Million |
| SBH Marine Holdings Berhad (0300) | $73.93 Million | 17.64% | 0.36x | $32.33 Million |
| OB Holdings Berhad (0327) | $58.86 Million | 9.34% | 0.34x | $20.16 Million |
| IOI Corporation Bhd (1961) | $6.23 Billion | 54.11% | 1.46x | $6.38 Billion |
About Hwa Tai Industries Bhd
Hwa Tai Industries Berhad, an investment holding company, engages in the manufacturing and trading of biscuits and other confectionery products in Malaysia. The company operates through Manufacturing and Trading segments. It offers cream crackers, cream sandwiches, cookies, cakes, and assorted biscuits under the LUXURY, HWA TAI, and PESTA brand names. It is also involved in property holding, and … Read more