Sinaran Advance Group Bhd
Sinaran Advance Group Berhad, an investment holding company, engages in construction and related activities in Malaysia. The company undertakes interior completion works and construction of other engineering projects; electrical installation works; and focus on infrastructure projects, renewable energy developments, and commercial real estate and residential construction projects. It is also invo… Read more
Sinaran Advance Group Bhd (5172) - Total Assets
Latest total assets as of September 2025: RM21.42 Million MYR
Based on the latest financial reports, Sinaran Advance Group Bhd (5172) holds total assets worth RM21.42 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.
Sinaran Advance Group Bhd - Total Assets Trend (2012–2024)
This chart illustrates how Sinaran Advance Group Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sinaran Advance Group Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Sinaran Advance Group Bhd's total assets of RM21.42 Million consist of 97.9% current assets and 2.1% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 9.3% |
| Accounts Receivable | RM2.15 Million | 12.0% |
| 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 (2012–2024)
This chart illustrates how Sinaran Advance Group 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: Sinaran Advance Group Bhd's current assets represent 97.9% of total assets in 2024, an increase from 69.1% in 2012.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2024, down from 27.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 12.0% of total assets.
Sinaran Advance Group Bhd Competitors by Total Assets
Key competitors of Sinaran Advance Group Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JS Corp
KO:194370
|
Korea | ₩1.83 Trillion |
|
Samyang Tongsang Co. Ltd.
KO:002170
|
Korea | ₩463.81 Billion |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
China | CN¥2.39 Billion |
|
Hwaseung Industries Co Ltd
KO:006060
|
Korea | ₩1.64 Trillion |
|
Uni Chem
KO:011330
|
Korea | ₩202.72 Billion |
|
Carlo Rino Group Bhd
KLSE:0335
|
Malaysia | RM190.25 Million |
|
Baiksan
KO:035150
|
Korea | ₩454.19 Billion |
|
InBioGen Co Ltd
KO:101140
|
Korea | ₩173.22 Billion |
Sinaran Advance Group Bhd - 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
Strong asset utilization - Sinaran Advance Group Bhd generates 0.82x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sinaran Advance Group Bhd is currently not profitable relative to its asset base.
Sinaran Advance Group 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 | 4.75 | 0.92 | 0.91 |
| Quick Ratio | 4.75 | 0.92 | 0.87 |
| Cash Ratio | 0.81 | 0.04 | 0.00 |
| Working Capital | RM16.81 Million | RM -3.80 Million | RM -5.65 Million |
Sinaran Advance Group Bhd - Advanced Valuation Insights
This section examines the relationship between Sinaran Advance Group 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 | 4.98 |
| Latest Market Cap to Assets Ratio | 0.37 |
| Asset Growth Rate (YoY) | -81.4% |
| Total Assets | RM17.91 Million |
| Market Capitalization | $6.57 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sinaran Advance Group Bhd's assets below their book value (0.37 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sinaran Advance Group Bhd's assets decreased by 81.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sinaran Advance Group Bhd (2012–2024)
The table below shows the annual total assets of Sinaran Advance Group Bhd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM17.91 Million | -81.37% |
| 2023-12-31 | RM96.16 Million | -15.52% |
| 2022-12-31 | RM113.82 Million | -5.74% |
| 2021-12-31 | RM120.75 Million | +54.95% |
| 2020-12-31 | RM77.92 Million | -28.57% |
| 2019-12-31 | RM109.09 Million | +0.37% |
| 2018-12-31 | RM108.69 Million | -25.59% |
| 2017-12-31 | RM146.07 Million | -17.28% |
| 2016-12-31 | RM176.58 Million | -45.83% |
| 2015-12-31 | RM326.00 Million | -9.19% |
| 2014-12-31 | RM359.00 Million | -12.44% |
| 2013-12-31 | RM410.00 Million | -18.16% |
| 2012-12-31 | RM501.00 Million | -- |