Spring Art Holdings Bhd
Spring Art Holdings Berhad, an investment holding company, engages in the design, development, manufacture, marketing, and sale of ready-to-assemble furniture products in Malaysia, rest of Asia, Africa, Europe, the Middle East, North America, Latin America, and Oceania. It offers office furniture, such as office workstations, filing cabinets, and pedestals; bedroom furniture, including beds, nigh… Read more
Spring Art Holdings Bhd (0216) - Total Assets
Latest total assets as of September 2025: RM107.12 Million MYR
Based on the latest financial reports, Spring Art Holdings Bhd (0216) holds total assets worth RM107.12 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.
Spring Art Holdings Bhd - Total Assets Trend (2015–2024)
This chart illustrates how Spring Art Holdings Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spring Art Holdings Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Spring Art Holdings Bhd's total assets of RM107.12 Million consist of 32.1% current assets and 67.9% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 16.2% |
| Accounts Receivable | RM3.22 Million | 2.8% |
| Inventory | RM11.30 Million | 9.6% |
| Property, Plant & Equipment | RM79.58 Million | 67.9% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Spring Art 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Spring Art Holdings Bhd's current assets represent 32.1% of total assets in 2024, a decrease from 42.3% in 2015.
- Cash Position: Cash and equivalents constituted 16.2% 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 67.9% of total assets.
Spring Art Holdings Bhd Competitors by Total Assets
Key competitors of Spring Art Holdings Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Spring Art Holdings 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 - Spring Art Holdings Bhd generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Spring Art Holdings Bhd generates $7.88 in net profit.
Spring Art 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 | 5.30 | 4.94 | 6.08 |
| Quick Ratio | 3.16 | 3.56 | 4.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM24.70 Million | RM 27.62 Million | RM 42.24 Million |
Spring Art Holdings Bhd - Advanced Valuation Insights
This section examines the relationship between Spring Art 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 | 0.51 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 2.9% |
| Total Assets | RM117.25 Million |
| Market Capitalization | $2.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Spring Art Holdings Bhd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Spring Art Holdings Bhd's assets grew by 2.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Spring Art Holdings Bhd (2015–2024)
The table below shows the annual total assets of Spring Art Holdings Bhd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM117.25 Million | +2.87% |
| 2023-12-31 | RM113.97 Million | +8.69% |
| 2022-12-31 | RM104.86 Million | +5.61% |
| 2021-12-31 | RM99.29 Million | +6.69% |
| 2020-12-31 | RM93.06 Million | +13.60% |
| 2019-12-31 | RM81.92 Million | +63.34% |
| 2018-12-31 | RM50.15 Million | +44.13% |
| 2017-12-31 | RM34.80 Million | +24.68% |
| 2016-12-31 | RM27.91 Million | +10.21% |
| 2015-12-31 | RM25.32 Million | -- |