RichTech Digital Berhad
RichTech Digital Berhad provides electronic reloads and bill payment services in Malaysia. The company offers electronic reload services, including mobile airtime and data services, prepaid digital TV services, games credits, application credits, and e-Wallet credits. It also provides bill payment services, such as postpaid mobile network services, postpaid digital TV, internet, quit rent and ass… Read more
RichTech Digital Berhad (0342) - Total Assets
Latest total assets as of September 2025: RM34.72 Million MYR
Based on the latest financial reports, RichTech Digital Berhad (0342) holds total assets worth RM34.72 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.
RichTech Digital Berhad - Total Assets Trend (2021–2023)
This chart illustrates how RichTech Digital Berhad’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
RichTech Digital Berhad - Asset Composition Analysis
Current Asset Composition (December 2023)
RichTech Digital Berhad's total assets of RM34.72 Million consist of 99.0% current assets and 1.0% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 27.6% |
| Accounts Receivable | RM0.00 | 0.0% |
| Inventory | RM0.00 | 0.0% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how RichTech Digital 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: RichTech Digital Berhad's current assets represent 99.0% of total assets in 2023, an increase from 97.4% in 2021.
- Cash Position: Cash and equivalents constituted 27.6% of total assets in 2023, down from 45.1% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
RichTech Digital Berhad Competitors by Total Assets
Key competitors of RichTech Digital Berhad based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
RichTech Digital 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
Moderate asset utilization - RichTech Digital Berhad generates 0.46x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, RichTech Digital Berhad generates $ 31.39 in net profit.
RichTech Digital 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 | 10.70 | 7.34 | 7.34 |
| Quick Ratio | 7.83 | 4.66 | 4.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM31.25 Million | RM 27.12 Million | RM 27.12 Million |
RichTech Digital Berhad - Advanced Valuation Insights
This section examines the relationship between RichTech Digital 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 | 1.09 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 27.3% |
| Total Assets | RM17.12 Million |
| Market Capitalization | $2.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values RichTech Digital Berhad's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: RichTech Digital Berhad's assets grew by 27.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for RichTech Digital Berhad (2021–2023)
The table below shows the annual total assets of RichTech Digital Berhad from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | RM17.12 Million | +27.31% |
| 2022-12-31 | RM13.45 Million | +26.59% |
| 2021-12-31 | RM10.62 Million | -- |