Ho Wah Genting Bhd (9601) - Net Assets

Latest as of June 2026: RM82.83 Million MYR ≈ $20.79 Million USD

Based on the latest financial reports, Ho Wah Genting Bhd (9601) has net assets worth RM82.83 Million MYR (≈ $20.79 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM163.06 Million ≈ $40.94 Million USD) and total liabilities (RM80.23 Million ≈ $20.14 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 Ho Wah Genting Bhd (9601) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets RM82.83 Million
% of Total Assets 50.79%
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. For live market cap and overall valuation, see Ho Wah Genting Bhd market capitalisation.

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. Also explore Ho Wah Genting Bhd net asset momentum to track the company's year-over-year net asset growth rate.

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
Gungnir Resources Inc
V:GUG
 $5.27 Million
Megapower Makmur TBK PT
JK:MPOW
 $5.27 Million
Eng Kah Corporation Bhd
KLSE:7149
 $5.27 Million
Dominion Minerals Ltd
AU:DLM
 $5.27 Million
Global IBO Group Ltd
NASDAQ:GIBO
 $5.26 Million
Me Group International PLC
LSE:MEGP
 $5.26 Million
Bryah Resources Ltd
AU:BYH
 $5.26 Million
Hansa Investment Company Ltd
LSE:HANA
 $5.25 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: 0.22x
  • 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 0.35x to 0.22x 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 RM0.09 x
2017-12-31 RM0.19 RM0.09 x
2018-12-31 RM0.09 RM0.09 x
2019-12-31 RM0.07 RM0.09 x
2020-12-31 RM0.43 RM0.09 x
2021-12-31 RM0.46 RM0.09 x
2022-12-31 RM0.45 RM0.09 x
2023-12-31 RM0.43 RM0.09 x
2024-12-31 RM0.41 RM0.09 x
2025-12-31 RM0.38 RM0.09 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: $206,445,134
  • Average return on equity (ROE) among peers: 11.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ho Wah Genting Bhd (9601) RM82.83 Million -22.41% 0.97x $5.26 Million
Supercomnet Technologies Bhd (0001) $212.60 Million 9.12% 0.05x $105.45 Million
Mikro MSC Bhd (0112) $239.23 Million 14.99% 0.06x $197.19 Million
Fibon Bhd (0149) $48.79 Million 5.75% 0.03x $10.43 Million
Powerwell Holdings Bhd (0217) $84.51 Million 23.33% 0.96x $171.99 Million
Southern Cable Group Bhd (0225) $147.46 Million 17.79% 1.55x $735.09 Million
Cnergenz Bhd (0246) $163.60 Million 6.99% 0.21x $116.06 Million
Master Tec Group Berhad (0295) $86.23 Million 22.68% 1.54x $250.97 Million
South Malaysia Industries Bhd (4375) $176.17 Million 2.44% 0.22x $11.07 Million
Sarawak Cable Bhd (5170) $324.33 Million 12.08% 3.01x $1.00 Million
Metrod Holdings Bhd (6149) $581.52 Million 3.81% 2.67x $31.33 Million

About Ho Wah Genting Bhd

KLSE:9601 Malaysia Electrical Equipment & Parts
Market Cap
$5.26 Million
RM20.97 Million MYR
Market Cap Rank
#28579 Global
#925 in Malaysia
Share Price
RM0.09
Change (1 day)
+0.00%
52-Week Range
RM0.08 - RM0.20
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 the United States. It operates through three segments: Investment, Moulded Power Supply Cord Sets, and Healthcare. The company offers power supply cords, cord sets, low… Read more