Synergy House Berhad (0279) - Total Assets
Based on the latest financial reports, Synergy House Berhad (0279) holds total assets worth RM260.46 Million MYR (≈ $65.39 Million USD) as of September 2024. 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.
Synergy House Berhad - Total Assets Trend (2020–2023)
This chart illustrates how Synergy House Berhad's total assets have evolved over time, based on quarterly financial data. Also see Synergy House Berhad (0279) total market value for the company's overall valuation and market capitalisation.
Synergy House Berhad - Asset Composition Analysis
Current Asset Composition (December 2023)
Synergy House Berhad's total assets of RM260.46 Million consist of 74.8% current assets and 25.2% non-current assets. Review Synergy House Berhad (0279) total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 6.1% |
| Accounts Receivable | RM63.49 Million | 28.8% |
| Inventory | RM48.62 Million | 22.1% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Synergy House Berhad'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. See Synergy House Berhad (0279) stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Synergy House Berhad's current assets represent 74.8% of total assets in 2023, an increase from 59.0% in 2020.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2023, down from 14.5% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 28.8% of total assets.
Synergy House Berhad Competitors by Total Assets
Key competitors of Synergy House Berhad based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Breville Group Ltd
AU:BRG
|
Australia | AU$1.80 Billion |
|
Oppein Home Group Inc
SHG:603833
|
China | CN¥33.24 Billion |
|
Sichuan Changhong Electric Co Ltd
SHG:600839
|
China | CN¥99.39 Billion |
|
Hangzhou Robam Appliances Co Ltd
SHE:002508
|
China | CN¥16.66 Billion |
|
Fsilon Furnishing and Construction Materials Corp
SHG:605318
|
China | CN¥1.06 Billion |
|
Zhejiang Henglin Chair Industry Co Ltd Class A
SHG:603661
|
China | CN¥10.60 Billion |
|
Anhui Sentai WPC Group Share Co. Ltd.
SHE:301429
|
China | CN¥1.69 Billion |
|
Embellence Group AB
ST:EMBELL
|
Sweden | Skr762.00 Million |
Synergy House Berhad - 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 | 1.72 | 1.87 | 2.03 |
| Quick Ratio | 1.10 | 1.17 | 1.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM85.19 Million | RM70.88 Million | RM63.63 Million |
Synergy House Berhad - Advanced Valuation Insights
This section examines the relationship between Synergy House Berhad'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 | 1.21 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 68.3% |
| Total Assets | RM220.40 Million |
| Market Capitalization | $21.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Synergy House Berhad's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Synergy House Berhad's assets grew by 68.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Synergy House Berhad (2020–2023)
The table below shows the annual total assets of Synergy House Berhad from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | RM220.40 Million ≈ $55.34 Million |
+68.32% |
| 2022-12-31 | RM130.95 Million ≈ $32.88 Million |
+17.32% |
| 2021-12-31 | RM111.62 Million ≈ $28.02 Million |
+28.60% |
| 2020-12-31 | RM86.79 Million ≈ $21.79 Million |
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About Synergy House Berhad
Synergy House Berhad, an investment holding company, engages in the design, development, sale, and trading of ready-to-assemble home furniture in Malaysia, Asia, Oceania, Europe, and the North America. The company offers wardrobes, study desks, chest drawers, cabin beds, nightstands, television cabinets, sideboards, coffee tables, dining tables, dining chairs, and benches. It sells its products u… Read more