Binasat Communications Bhd
Binasat Communications Berhad provides supporting services for very small aperture terminal (VSAT), mobile and fiber network engineering services, satellite hub/teleport and digital satellite news gathering (DSNG), and ICT solution and connectivity in Malaysia. The company offers VSAT engineering/operation and maintenance services, such as high speed broadband satellite communications for Interne… Read more
Binasat Communications Bhd (0195) - Total Assets
Latest total assets as of September 2025: RM190.68 Million MYR
Based on the latest financial reports, Binasat Communications Bhd (0195) holds total assets worth RM190.68 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.
Binasat Communications Bhd - Total Assets Trend (2016–2025)
This chart illustrates how Binasat Communications Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Binasat Communications Bhd - Asset Composition Analysis
Current Asset Composition (June 2025)
Binasat Communications Bhd's total assets of RM190.68 Million consist of 72.3% current assets and 27.7% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 4.1% |
| Accounts Receivable | RM71.17 Million | 44.0% |
| Inventory | RM1.06 Million | 0.7% |
| Property, Plant & Equipment | RM40.96 Million | 25.4% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2016–2025)
This chart illustrates how Binasat Communications 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: Binasat Communications Bhd's current assets represent 72.3% of total assets in 2025, an increase from 62.4% in 2016.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2025, up from 0.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 44.0% of total assets.
Binasat Communications Bhd Competitors by Total Assets
Key competitors of Binasat Communications Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WQN Inc
PINK:WQNI
|
USA | $1.39 Million |
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
Binasat Communications 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
Moderate asset utilization - Binasat Communications Bhd generates 0.69x 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, Binasat Communications Bhd generates $ 1.10 in net profit.
Binasat Communications 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 | 3.76 | 3.90 | 7.37 |
| Quick Ratio | 3.72 | 3.86 | 7.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM109.22 Million | RM 95.88 Million | RM 55.73 Million |
Binasat Communications Bhd - Advanced Valuation Insights
This section examines the relationship between Binasat Communications 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 | 0.34 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -5.1% |
| Total Assets | RM161.59 Million |
| Market Capitalization | $5.55 Million USD |
Valuation Analysis
Below Book Valuation: The market values Binasat Communications Bhd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Binasat Communications Bhd's assets decreased by 5.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Binasat Communications Bhd (2016–2025)
The table below shows the annual total assets of Binasat Communications Bhd from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | RM161.59 Million | -5.07% |
| 2024-06-30 | RM170.23 Million | -10.22% |
| 2023-06-30 | RM189.60 Million | +13.66% |
| 2022-06-30 | RM166.81 Million | +42.39% |
| 2021-06-30 | RM117.15 Million | +9.21% |
| 2020-06-30 | RM107.27 Million | +13.64% |
| 2019-06-30 | RM94.39 Million | +5.89% |
| 2018-06-30 | RM89.14 Million | +103.55% |
| 2017-06-30 | RM43.79 Million | +31.34% |
| 2016-06-30 | RM33.34 Million | -- |