Spring Art Holdings Bhd Total Assets
Spring Art Holdings Bhd total assets. Based on the latest financial reports, Spring Art Holdings Bhd (0216) holds total assets worth RM107.12 Million MYR (≈ $26.90 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. Also see Spring Art Holdings Bhd cash conversion from operations for how efficiently the company converts equity into cash flow.
Total Assets of Spring Art Holdings Bhd (2015–2024)
Total assets of Spring Art Holdings Bhd from 2015 to 2024. This chart illustrates how Spring Art Holdings Bhd's total assets have evolved over time, based on quarterly financial data. See Spring Art Holdings Bhd stock quote for real-time trading data and today's change.
Spring Art Holdings Bhd - Asset Composition Analysis
Spring Art Holdings Bhd Total Assets Breakdown (December 2024)
Spring Art Holdings Bhd total assets breakdown as of 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. Explore Spring Art Holdings Bhd working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
| 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 |
|---|---|---|
|
SEB SA
PA:SK
|
France | €9.41 Billion |
|
Joyoung Co Ltd
SHE:002242
|
China | CN¥6.98 Billion |
|
Hangzhou Robam Appliances Co Ltd
SHE:002508
|
China | CN¥16.66 Billion |
|
A-Zenith Home Furnishings Co Ltd
SHG:603389
|
China | CN¥1.22 Billion |
|
Panca Anugrah Wisesa Tbk PT
JK:MGLV
|
Indonesia | Rp203.50 Billion |
|
Vohringer Home Technology Co Ltd
SHG:603226
|
China | CN¥1.20 Billion |
|
Chengdu Fusen Noble-House Industrial Co Ltd
SHE:002818
|
China | CN¥7.42 Billion |
|
Guangdong Vanward New Electric Co Ltd
SHE:002543
|
China | CN¥7.79 Billion |
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 | RM27.62 Million | RM42.24 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 | 0.08 |
| Asset Growth Rate (YoY) | 2.9% |
| Total Assets | RM117.25 Million |
| Market Capitalization | $8.87 Million USD |
Valuation Analysis
Below Book Valuation: The market values Spring Art Holdings Bhd's assets below their book value (0.08x), 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 ≈ $29.44 Million |
+2.87% |
| 2023-12-31 | RM113.97 Million ≈ $28.62 Million |
+8.69% |
| 2022-12-31 | RM104.86 Million ≈ $26.33 Million |
+5.61% |
| 2021-12-31 | RM99.29 Million ≈ $24.93 Million |
+6.69% |
| 2020-12-31 | RM93.06 Million ≈ $23.36 Million |
+13.60% |
| 2019-12-31 | RM81.92 Million ≈ $20.57 Million |
+63.34% |
| 2018-12-31 | RM50.15 Million ≈ $12.59 Million |
+44.13% |
| 2017-12-31 | RM34.80 Million ≈ $8.74 Million |
+24.68% |
| 2016-12-31 | RM27.91 Million ≈ $7.01 Million |
+10.21% |
| 2015-12-31 | RM25.32 Million ≈ $6.36 Million |
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About 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