Techfast Holdings Bhd (0084) - Total Assets
Based on the latest financial reports, Techfast Holdings Bhd (0084) holds total assets worth RM82.45 Million MYR (≈ $20.70 Million USD) 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. See Techfast Holdings Bhd book value and equity for net asset value and shareholders' equity analysis.
Techfast Holdings Bhd - Total Assets Trend (2015–2024)
This chart illustrates how Techfast Holdings Bhd's total assets have evolved over time, based on quarterly financial data.
Techfast Holdings Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Techfast Holdings Bhd's total assets of RM82.45 Million consist of 47.8% current assets and 52.2% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 9.6% |
| Accounts Receivable | RM30.23 Million | 31.0% |
| Inventory | RM83.87K | 0.1% |
| Property, Plant & Equipment | RM7.92 Million | 8.1% |
| Intangible Assets | RM3.25 Million | 3.3% |
| Goodwill | RM26.38 Million | 27.1% |
Asset Composition Trend (2015–2024)
This chart illustrates how Techfast Holdings 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. For live market cap, price, and company overview, see Techfast Holdings Bhd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Techfast Holdings Bhd's current assets represent 47.8% of total assets in 2024, a decrease from 67.0% in 2015.
- Cash Position: Cash and equivalents constituted 9.6% of total assets in 2024, up from 0.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, an increase from 4.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 31.0% of total assets.
Techfast Holdings Bhd Competitors by Total Assets
Key competitors of Techfast Holdings Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhuzhou Huarui Precision Cutting Tools Co Ltd
SHG:688059
|
China | CN¥3.24 Billion |
|
Shenzhen Vital New Material Co. Ltd.
SHE:301319
|
China | CN¥1.70 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
YG-1 Co. Ltd
KQ:019210
|
Korea | ₩1.17 Trillion |
|
Junhe Pumps Holding Co Ltd
SHG:603617
|
China | CN¥2.42 Billion |
|
Maschinenfabrik HEID AG
VI:HED
|
Austria | €13.31 Million |
|
Richelieu Hardware Ltd.
TO:RCH
|
Canada | CA$1.45 Billion |
|
Zhejiang XCC Group Co Ltd
SHG:603667
|
China | CN¥5.21 Billion |
Techfast Holdings 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 | 8.96 | 8.20 | 7.14 |
| Quick Ratio | 8.94 | 8.18 | 6.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM31.47 Million | RM56.91 Million | RM30.01 Million |
Techfast Holdings Bhd - Advanced Valuation Insights
This section examines the relationship between Techfast Holdings 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 | 0.17 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -24.8% |
| Total Assets | RM97.46 Million |
| Market Capitalization | $4.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values Techfast Holdings Bhd's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Techfast Holdings Bhd's assets decreased by 24.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Techfast Holdings Bhd (2015–2024)
The table below shows the annual total assets of Techfast Holdings Bhd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM97.46 Million ≈ $24.47 Million |
-24.80% |
| 2023-12-31 | RM129.60 Million ≈ $32.54 Million |
-7.24% |
| 2022-12-31 | RM139.71 Million ≈ $35.08 Million |
+13.26% |
| 2021-12-31 | RM123.36 Million ≈ $30.97 Million |
+186.09% |
| 2020-12-31 | RM43.12 Million ≈ $10.83 Million |
+32.79% |
| 2019-12-31 | RM32.47 Million ≈ $8.15 Million |
+4.81% |
| 2018-12-31 | RM30.98 Million ≈ $7.78 Million |
+5.19% |
| 2017-12-31 | RM29.45 Million ≈ $7.40 Million |
+2.34% |
| 2016-12-31 | RM28.78 Million ≈ $7.23 Million |
+12.91% |
| 2015-12-31 | RM25.49 Million ≈ $6.40 Million |
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About Techfast Holdings Bhd
Fast Energy Holdings Berhad, an investment holding company, engages in oil trading and bunkering services business in Malaysia. It operates through Oil Trading and Bunkering; Renewable Energy; and Smart Devices segments. The company provides marine supplies and service portfolio that includes marine bunkering, oil tanker carrier operations, marine lubricants, and marine oil trading. It also distr… Read more