Ho Wah Genting Bhd (9601) - Net Assets

Latest as of December 2025: RM78.65 Million MYR ≈ $19.75 Million USD

Based on the latest financial reports, Ho Wah Genting Bhd (9601) has net assets worth RM78.65 Million MYR (≈ $19.75 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM125.93 Million ≈ $31.62 Million USD) and total liabilities (RM47.28 Million ≈ $11.87 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 9601 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets RM78.65 Million
% of Total Assets 62.46%
Annual Growth Rate -0.23%
5-Year Change 8.0%
10-Year Change 29.44%
Growth Volatility 49.42

Ho Wah Genting Bhd - Net Assets Trend (2012–2025)

This chart illustrates how Ho Wah Genting Bhd's net assets have evolved over time, based on quarterly financial data. See Ho Wah Genting Bhd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ho Wah Genting Bhd (2012–2025)

The table below shows the annual net assets of Ho Wah Genting Bhd from 2012 to 2025. For live valuation and market cap data, see 9601 market cap overview.

Year Net Assets Change
2025-12-31 RM78.65 Million
≈ $19.75 Million		 -6.62%
2024-12-31 RM84.23 Million
≈ $21.15 Million		 -4.51%
2023-12-31 RM88.21 Million
≈ $22.15 Million		 +18.91%
2022-12-31 RM74.18 Million
≈ $18.62 Million		 +1.86%
2021-12-31 RM72.83 Million
≈ $18.28 Million		 +12.08%
2020-12-31 RM64.97 Million
≈ $16.31 Million		 +95.22%
2019-12-31 RM33.28 Million
≈ $8.36 Million		 +10.82%
2018-12-31 RM30.03 Million
≈ $7.54 Million		 -38.01%
2017-12-31 RM48.45 Million
≈ $12.16 Million		 -20.26%
2016-12-31 RM60.76 Million
≈ $15.26 Million		 +133.70%
2015-12-31 RM26.00 Million
≈ $6.53 Million		 -42.22%
2014-12-31 RM45.00 Million
≈ $11.30 Million		 -34.78%
2013-12-31 RM69.00 Million
≈ $17.32 Million		 -14.81%
2012-12-31 RM81.00 Million
≈ $20.34 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 901.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock RM165.74 Million 210.72%
Total Equity RM78.65 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
Intelligent Bio Solutions Inc.
NASDAQ:INBS
 $6.50 Million
Ho Hup Construction Company
KLSE:5169
 $6.51 Million
Charan Insurance Public Company Limited
BK:CHARAN
 $6.51 Million
Iqstel Inc
NASDAQ:IQST
 $6.51 Million
Loyal Solutions AS
ST:LOYAL
 $6.50 Million
Xylo Technologies Ltd.
NASDAQ:XYLO
 $6.49 Million
FATHOM NICKEL INC.
F:6Q5
 $6.49 Million
NGS Group AB (publ)
ST:NGS
 $6.49 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 2024 to 2025, total equity changed from 84,231,000 to 78,652,000, a change of -5,579,000 (-6.6%).
  • Net loss of 3,585,000 reduced equity.
  • Other factors decreased equity by 1,994,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM-3.58 Million -4.56%
Other Changes RM-1.99 Million -2.54%
Total Change RM- -6.62%

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 0.43x 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
2025-12-31 RM0.38 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): -4.56%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.32%
  • • Asset Turnover: 2.15x
  • • Equity Multiplier: 1.60x
  • Recent ROE (-4.56%) is above the historical average (-23.97%), 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
2025 -4.56% -1.32% 2.15x 1.60x RM-11.45 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: $191,697,976
  • Average return on equity (ROE) among peers: 7.84%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ho Wah Genting Bhd (9601) RM78.65 Million -22.41% 0.60x $6.50 Million
Supercomnet Technologies Bhd (0001) $309.68 Million 8.14% 0.09x $115.13 Million
Mikro MSC Bhd (0112) $59.72 Million 7.07% 0.24x $145.62 Million
Fibon Bhd (0149) $64.75 Million 6.84% 0.05x $11.04 Million
Powerwell Holdings Bhd (0217) $59.84 Million 15.24% 0.60x $122.44 Million
Southern Cable Group Bhd (0225) $315.04 Million 9.34% 0.92x $647.11 Million
Cnergenz Bhd (0246) $148.44 Million 14.63% 0.36x $74.39 Million
Master Tec Group Berhad (0295) $86.23 Million 22.68% 1.54x $253.53 Million
South Malaysia Industries Bhd (4375) $176.17 Million 2.44% 0.22x $11.33 Million
Sarawak Cable Bhd (5170) $284.81 Million -12.08% 2.87x $1.00 Million
Metrod Holdings Bhd (6149) $412.29 Million 4.13% 2.71x $35.85 Million

About Ho Wah Genting Bhd

KLSE:9601 Malaysia Electrical Equipment & Parts
Market Cap
$6.50 Million
RM25.90 Million MYR
Market Cap Rank
#28039 Global
#907 in Malaysia
Share Price
RM0.11
Change (1 day)
-4.55%
52-Week Range
RM0.11 - RM0.23
All Time High
RM5.16
Categories
Companies in Malaysia Electrical Equipment & Parts
About

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