Ho Wah Genting Bhd
Ho Wah Genting Berhad, an investment holding company, manufactures and sells wires and cables, moulded power supply cord sets, and cable assemblies for electrical and electronic devices and equipment in Malaysia, rest of Asia, and North America. It operates through three segments: Investment, Moulded Power Supply Cord Sets, and Healthcare. The company manufactures power supply cords, low emission… Read more
Ho Wah Genting Bhd (9601) - Net Assets
Latest net assets as of September 2025: RM82.33 Million MYR
Based on the latest financial reports, Ho Wah Genting Bhd (9601) has net assets worth RM82.33 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM135.38 Million) and total liabilities (RM53.04 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 | RM82.33 Million |
| % of Total Assets | 60.82% |
| Annual Growth Rate | 0.33% |
| 5-Year Change | 29.64% |
| 10-Year Change | 223.97% |
| Growth Volatility | 51.23 |
Ho Wah Genting Bhd - Net Assets Trend (2012–2024)
This chart illustrates how Ho Wah Genting Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ho Wah Genting Bhd (2012–2024)
The table below shows the annual net assets of Ho Wah Genting Bhd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM84.23 Million | -4.51% |
| 2023-12-31 | RM88.21 Million | +18.91% |
| 2022-12-31 | RM74.18 Million | +1.86% |
| 2021-12-31 | RM72.83 Million | +12.08% |
| 2020-12-31 | RM64.97 Million | +95.22% |
| 2019-12-31 | RM33.28 Million | +10.82% |
| 2018-12-31 | RM30.03 Million | -38.01% |
| 2017-12-31 | RM48.45 Million | -20.26% |
| 2016-12-31 | RM60.76 Million | +133.70% |
| 2015-12-31 | RM26.00 Million | -42.22% |
| 2014-12-31 | RM45.00 Million | -34.78% |
| 2013-12-31 | RM69.00 Million | -14.81% |
| 2012-12-31 | RM81.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ho Wah Genting 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 850.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM165.74 Million | 196.76% |
| Total Equity | RM84.23 Million | 100.00% |
Ho Wah Genting Bhd Competitors by Market Cap
The table below lists competitors of Ho Wah Genting Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alderan Resources Ltd
AU:AL8
|
$3.07 Million |
|
Aptorum Group Ltd Class A
NASDAQ:APM
|
$3.07 Million |
|
P.C.B Tec
TA:PCBT
|
$3.08 Million |
|
Yummy Town Cayman Holdings
TWO:2726
|
$3.08 Million |
|
Tarjar Xairo Socimi SA
MC:YTAR
|
$3.07 Million |
|
Supply@Me Capital PLC
LSE:SYME
|
$3.07 Million |
|
Hansol Pns
KO:010420
|
$3.07 Million |
|
Fintec Global Bhd
KLSE:0150
|
$3.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ho Wah Genting Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 88,208,000 to 84,231,000, a change of -3,977,000 (-4.5%).
- Net loss of 2,228,000 reduced equity.
- Other factors decreased equity by 1,749,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-2.23 Million | -2.65% |
| Other Changes | RM-1.75 Million | -2.08% |
| Total Change | RM- | -4.51% |
Book Value vs Market Value Analysis
This analysis compares Ho Wah Genting 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: 0.27x
- 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 0.45x to 0.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.24 | RM0.11 | x |
| 2017-12-31 | RM0.19 | RM0.11 | x |
| 2018-12-31 | RM0.09 | RM0.11 | x |
| 2019-12-31 | RM0.07 | RM0.11 | x |
| 2020-12-31 | RM0.43 | RM0.11 | x |
| 2021-12-31 | RM0.46 | RM0.11 | x |
| 2022-12-31 | RM0.45 | RM0.11 | x |
| 2023-12-31 | RM0.43 | RM0.11 | x |
| 2024-12-31 | RM0.41 | RM0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ho Wah Genting 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): -2.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.68%
- • Asset Turnover: 2.34x
- • Equity Multiplier: 1.67x
- Recent ROE (-2.65%) is above the historical average (-26.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -22.41% | -9.19% | 1.41x | 1.73x | RM-19.69 Million |
| 2017 | -22.32% | -6.91% | 1.88x | 1.72x | RM-15.66 Million |
| 2018 | -109.85% | -20.66% | 1.72x | 3.09x | RM-36.00 Million |
| 2019 | -21.08% | -3.88% | 1.90x | 2.86x | RM-10.35 Million |
| 2020 | -49.21% | -8.15% | 2.23x | 2.71x | RM-38.47 Million |
| 2021 | -7.46% | -1.20% | 2.52x | 2.46x | RM-12.71 Million |
| 2022 | -1.52% | -0.40% | 2.13x | 1.77x | RM-8.55 Million |
| 2023 | 1.35% | 0.47% | 1.94x | 1.49x | RM-7.63 Million |
| 2024 | -2.65% | -0.68% | 2.34x | 1.67x | RM-10.65 Million |
Industry Comparison
This section compares Ho Wah Genting Bhd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $138,551,308
- Average return on equity (ROE) among peers: 12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ho Wah Genting Bhd (9601) | RM82.33 Million | -22.41% | 0.64x | $3.07 Million |
| Supercomnet Technologies Bhd (0001) | $420.88 Million | 7.44% | 0.06x | $33.99 Million |
| Mikro MSC Bhd (0112) | $52.82 Million | 19.58% | 0.32x | $33.93 Million |
| Fibon Bhd (0149) | $51.50 Million | 3.34% | 0.05x | $1.36 Million |
| Powerwell Holdings Bhd (0217) | $84.51 Million | 23.33% | 0.96x | $37.49 Million |
| Southern Cable Group Bhd (0225) | $121.22 Million | 15.00% | 1.92x | $284.31 Million |
| Cnergenz Bhd (0246) | $78.15 Million | 39.09% | 0.50x | $11.57 Million |
| Master Tec Group Berhad (0295) | $76.45 Million | 7.24% | 1.72x | $34.75 Million |
| SWIFT ENERGY TECHNOLOGY BERHAD (0337) | $38.82 Million | 9.22% | 0.98x | $10.65 Million |
| South Malaysia Industries Bhd (4375) | $176.34 Million | 15.95% | 0.25x | $1.48 Million |
| Sarawak Cable Bhd (5170) | $284.81 Million | -12.08% | 2.87x | $312.56K |