GFM Services Bhd
GFM Services Berhad, an investment holding company, provides facilities management services in Malaysia. It operates through the Facilities Management, Concession Arrangements, Oil and Gas Services, and Others segments. The Facilities Management segment offers facilities operations, maintenance and management, engineering, consultancy, and advisory services. The Concession Arrangements segment co… Read more
GFM Services Bhd (0039) - Total Assets
Latest total assets as of September 2025: RM644.83 Million MYR
Based on the latest financial reports, GFM Services Bhd (0039) holds total assets worth RM644.83 Million MYR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
GFM Services Bhd - Total Assets Trend (2016–2024)
This chart illustrates how GFM Services Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GFM Services Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
GFM Services Bhd's total assets of RM644.83 Million consist of 40.1% current assets and 59.9% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM155.82 Million | 5.1% |
| Accounts Receivable | RM60.73 Million | 9.8% |
| Inventory | RM455.98K | 0.1% |
| Property, Plant & Equipment | RM16.51 Million | 2.7% |
| Intangible Assets | RM50.59 Million | 8.1% |
| Goodwill | RM39.64 Million | 6.4% |
Asset Composition Trend (2016–2024)
This chart illustrates how GFM Services Bhd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: GFM Services Bhd's current assets represent 40.1% of total assets in 2024, a decrease from 50.1% in 2016.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, down from 21.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, a decrease from 30.0% in 2016.
- Asset Diversification: The largest asset category is cash and equivalents at 5.1% of total assets.
GFM Services Bhd Competitors by Total Assets
Key competitors of GFM Services Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
China | CN¥5.75 Billion |
|
Tungkong Inc
SHE:002117
|
China | CN¥1.92 Billion |
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
China | CN¥54.04 Billion |
|
Hongbo Co Ltd
SHE:002229
|
China | CN¥2.43 Billion |
|
Beijing Shengtong Printing Co Ltd
SHE:002599
|
China | CN¥2.14 Billion |
|
Shanghai Nar Industrial Co Ltd
SHE:002825
|
China | CN¥2.78 Billion |
|
Xuchang Ketop Testing Research Ins
SHE:003008
|
China | CN¥1.10 Billion |
|
Efficient E Solutions Bhd
KLSE:0064
|
Malaysia | RM182.02 Million |
GFM Services Bhd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - GFM Services Bhd generates 0.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, GFM Services Bhd generates $ 3.82 in net profit.
GFM Services Bhd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.72 | 2.66 | 2.52 |
| Quick Ratio | 3.72 | 2.65 | 2.52 |
| Cash Ratio | 2.20 | 1.37 | 0.00 |
| Working Capital | RM204.11 Million | RM 148.89 Million | RM 86.80 Million |
GFM Services Bhd - Advanced Valuation Insights
This section examines the relationship between GFM Services Bhd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.55 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 12.9% |
| Total Assets | RM621.17 Million |
| Market Capitalization | $11.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values GFM Services Bhd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: GFM Services Bhd's assets grew by 12.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for GFM Services Bhd (2016–2024)
The table below shows the annual total assets of GFM Services Bhd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM621.17 Million | +12.93% |
| 2023-12-31 | RM550.06 Million | +3.73% |
| 2022-12-31 | RM530.28 Million | +3.55% |
| 2021-12-31 | RM512.12 Million | -0.79% |
| 2020-12-31 | RM516.22 Million | -0.77% |
| 2019-12-31 | RM520.23 Million | -4.09% |
| 2018-12-31 | RM542.43 Million | +426.59% |
| 2017-12-31 | RM103.01 Million | +7.39% |
| 2016-12-31 | RM95.92 Million | -- |