Eversafe Rubber Bhd
Eversafe Rubber Berhad, an investment holding company, develops, manufactures, distributes, and sells tyre retreading materials to tyre retreaders and rubber material traders. The company offers masterbatch materials, pre-cured tread liners, camelbacks, cushion gums, repair ropes, sidewall veneers, and orbitreads. It is involved in the tyre retreading operations; and provision of polymer products… Read more
Eversafe Rubber Bhd (0190) - Total Assets
Latest total assets as of September 2025: RM106.35 Million MYR
Based on the latest financial reports, Eversafe Rubber Bhd (0190) holds total assets worth RM106.35 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.
Eversafe Rubber Bhd - Total Assets Trend (2015–2024)
This chart illustrates how Eversafe Rubber Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Eversafe Rubber Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Eversafe Rubber Bhd's total assets of RM106.35 Million consist of 60.3% current assets and 39.7% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 16.0% |
| Accounts Receivable | RM26.70 Million | 23.1% |
| Inventory | RM20.15 Million | 17.4% |
| Property, Plant & Equipment | RM43.83 Million | 37.8% |
| Intangible Assets | RM1.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Eversafe Rubber 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: Eversafe Rubber Bhd's current assets represent 60.3% of total assets in 2024, an increase from 57.2% in 2015.
- Cash Position: Cash and equivalents constituted 16.0% of total assets in 2024, up from 0.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.8% of total assets.
Eversafe Rubber Bhd Competitors by Total Assets
Key competitors of Eversafe Rubber Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Kuntai New Material Technology Co. Ltd. A
SHE:001260
|
China | CN¥1.07 Billion |
|
Higen RNM
KQ:160190
|
Korea | ₩115.86 Billion |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
China | CN¥18.86 Billion |
|
Tian Jin Motor Dies Co Ltd
SHE:002510
|
China | CN¥6.36 Billion |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
Eversafe Rubber 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
Strong asset utilization - Eversafe Rubber Bhd generates 0.85x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Eversafe Rubber Bhd is currently not profitable relative to its asset base.
Eversafe Rubber 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 | 1.78 | 2.10 | 1.92 |
| Quick Ratio | 1.28 | 1.48 | 1.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM28.52 Million | RM 36.69 Million | RM 30.69 Million |
Eversafe Rubber Bhd - Advanced Valuation Insights
This section examines the relationship between Eversafe Rubber 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 | 0.38 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -11.2% |
| Total Assets | RM115.83 Million |
| Market Capitalization | $1.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Eversafe Rubber Bhd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Eversafe Rubber Bhd's assets decreased by 11.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Eversafe Rubber Bhd (2015–2024)
The table below shows the annual total assets of Eversafe Rubber Bhd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM115.83 Million | -11.23% |
| 2023-12-31 | RM130.49 Million | -0.28% |
| 2022-12-31 | RM130.86 Million | +14.17% |
| 2021-12-31 | RM114.62 Million | +5.31% |
| 2020-12-31 | RM108.84 Million | +1.05% |
| 2019-12-31 | RM107.70 Million | +11.92% |
| 2018-12-31 | RM96.23 Million | -5.02% |
| 2017-12-31 | RM101.32 Million | +21.31% |
| 2016-12-31 | RM83.52 Million | +11.69% |
| 2015-12-31 | RM74.77 Million | -- |