HE Group Berhad (0296) - Total Assets
Based on the latest financial reports, HE Group Berhad (0296) holds total assets worth RM130.17 Million MYR (≈ $32.68 Million USD) as of August 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.
HE Group Berhad - Total Assets Trend (2020–2022)
This chart illustrates how HE Group Berhad's total assets have evolved over time, based on quarterly financial data. Also see 0296 market cap overview for the company's overall valuation and market capitalisation.
HE Group Berhad - Asset Composition Analysis
Current Asset Composition (August 2022)
HE Group Berhad's total assets of RM130.17 Million consist of 91.2% current assets and 8.8% non-current assets. Review 0296 current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 8.4% |
| Accounts Receivable | RM41.61 Million | 46.6% |
| Inventory | RM723.41K | 0.8% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how HE Group 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 HE Group Berhad share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: HE Group Berhad's current assets represent 91.2% of total assets in 2022, an increase from 70.2% in 2020.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2022, up from 0.2% 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 46.6% of total assets.
HE Group Berhad Competitors by Total Assets
Key competitors of HE Group Berhad based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥73.31 Billion |
|
Ral Yatirim Holding AS
IS:RALYH
|
Turkey | TL15.53 Billion |
|
DL E&C Co Ltd
KO:375500
|
Korea | ₩9.67 Trillion |
|
East China Engineering Science and Technology Co Ltd
SHE:002140
|
China | CN¥16.32 Billion |
|
Zhejiang Southeast Space Frame Co Ltd
SHE:002135
|
China | CN¥17.68 Billion |
|
Wuhan Xianglong Power Industry Co Ltd
SHG:600769
|
China | CN¥419.83 Million |
|
Shen Zhen Bauing Construction Holding Group Co Ltd
SHE:002047
|
China | CN¥1.22 Billion |
|
Shenzhen Grandland Decoration Group Co Ltd
SHE:002482
|
China | CN¥2.76 Billion |
HE Group 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 | 1.79 | 1.40 | 1.40 |
| Quick Ratio | 1.75 | 1.39 | 1.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM55.21 Million | RM34.36 Million | RM34.36 Million |
HE Group Berhad - Advanced Valuation Insights
This section examines the relationship between HE Group 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 | 2.16 |
| Latest Market Cap to Assets Ratio | 1.07 |
| Asset Growth Rate (YoY) | 44.7% |
| Total Assets | RM89.27 Million |
| Market Capitalization | $95.56 Million USD |
Valuation Analysis
Above Book Valuation: The market values HE Group Berhad's assets above their book value (1.07x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: HE Group Berhad's assets grew by 44.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for HE Group Berhad (2020–2022)
The table below shows the annual total assets of HE Group Berhad from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-08-31 | RM89.27 Million ≈ $22.41 Million |
+44.66% |
| 2021-08-31 | RM61.71 Million ≈ $15.49 Million |
+201.15% |
| 2020-08-31 | RM20.49 Million ≈ $5.14 Million |
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About HE Group Berhad
HE Group Berhad, through its subsidiary, Hexatech Engineering Sdn. Bhd., operates as an electrical engineering service provider in Malaysia. The company offers design, supply, installation, testing, and commissioning of high voltage, medium voltage, low voltage, and extra low voltage power distribution systems; and additional services, including other building systems and works, electrical equipm… Read more