Glostrext Berhad

KLSE:0284 Malaysia Engineering & Construction
Market Cap
$18.52 Million
RM83.41 Million MYR
Market Cap Rank
#32514 Global
#760 in Malaysia
Share Price
RM0.20
Change (1 day)
+0.00%
52-Week Range
RM0.18 - RM0.25
All Time High
RM0.28
About

Glostrext Berhad, an investment holding company, provides geotechnical instrumentation services in Singapore, Malaysia, and Cambodia. It offers piling, structural, and geotechnical-related services, including instrumentation, testing, and monitoring services to construction projects, as well as completed buildings and infrastructures. The company also provides pile instrumentation and static load… Read more

Glostrext Berhad (0284) - Total Assets

Latest total assets as of September 2024: RM65.08 Million MYR

Based on the latest financial reports, Glostrext Berhad (0284) holds total assets worth RM65.08 Million MYR 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.

Glostrext Berhad - Total Assets Trend (2020–2024)

This chart illustrates how Glostrext Berhad’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Glostrext Berhad - Asset Composition Analysis

Current Asset Composition (March 2024)

Glostrext Berhad's total assets of RM65.08 Million consist of 54.0% current assets and 46.0% non-current assets.

Asset Category Amount (MYR) % of Total Assets
Cash & Equivalents RM0.00 20.1%
Accounts Receivable RM9.22 Million 14.8%
Inventory RM3.29 Million 5.3%
Property, Plant & Equipment RM0.00 0.0%
Intangible Assets RM0.00 0.0%
Goodwill RM0.00 0.0%

Asset Composition Trend (2020–2024)

This chart illustrates how Glostrext 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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Glostrext Berhad's current assets represent 54.0% of total assets in 2024, an increase from 35.6% in 2020.
  • Cash Position: Cash and equivalents constituted 20.1% of total assets in 2024, up from 10.9% 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 14.8% of total assets.

Glostrext Berhad Competitors by Total Assets

Key competitors of Glostrext Berhad based on total assets are shown below.

Glostrext Berhad - 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

Historical Range: 0.41 - 0.61

Moderate asset utilization - Glostrext Berhad generates 0.41x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 2.38% - 15.58%

Moderate ROA - For every $100 in assets, Glostrext Berhad generates $ 2.38 in net profit.

Glostrext 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 9.38 25.47 25.47
Quick Ratio 8.54 23.26 23.26
Cash Ratio 0.00 0.00 0.00
Working Capital RM32.97 Million RM 34.43 Million RM 34.43 Million

Glostrext Berhad - Advanced Valuation Insights

This section examines the relationship between Glostrext 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 1.57
Latest Market Cap to Assets Ratio 0.06
Asset Growth Rate (YoY) 34.5%
Total Assets RM62.38 Million
Market Capitalization $3.53 Million USD

Valuation Analysis

Below Book Valuation: The market values Glostrext Berhad's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Glostrext Berhad's assets grew by 34.5% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Glostrext Berhad (2020–2024)

The table below shows the annual total assets of Glostrext Berhad from 2020 to 2024.

Year Total Assets Change
2024-03-31 RM62.38 Million +34.49%
2023-03-31 RM46.38 Million +6.88%
2022-03-31 RM43.39 Million +6.91%
2021-03-31 RM40.59 Million +3.32%
2020-03-31 RM39.28 Million --