ELK-Desa Resources Bhd
ELK-Desa Resources Berhad, an investment holding company, provides hire-purchase financing and other integrated services for used motor vehicles in Malaysia. It operates in two segments, Hire-Purchase Financing and Furniture. The company is involved in the sale of general insurance policies as an insurance agent; and manufacture, trading, and wholesale of home furniture products. ELK-Desa Resourc… Read more
ELK-Desa Resources Bhd (5228) - Total Assets
Latest total assets as of December 2025: RM894.76 Million MYR
Based on the latest financial reports, ELK-Desa Resources Bhd (5228) holds total assets worth RM894.76 Million MYR as of December 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.
ELK-Desa Resources Bhd - Total Assets Trend (2013–2025)
This chart illustrates how ELK-Desa Resources Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ELK-Desa Resources Bhd - Asset Composition Analysis
Current Asset Composition (March 2025)
ELK-Desa Resources Bhd's total assets of RM894.76 Million consist of 32.2% current assets and 67.8% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 2.1% |
| Accounts Receivable | RM25.41 Million | 2.9% |
| Inventory | RM14.24 Million | 1.6% |
| Property, Plant & Equipment | RM36.50 Million | 4.1% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how ELK-Desa Resources 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: ELK-Desa Resources Bhd's current assets represent 32.2% of total assets in 2025, a decrease from 98.3% in 2013.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2025, down from 13.6% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is property, plant & equipment at 4.1% of total assets.
ELK-Desa Resources Bhd Competitors by Total Assets
Key competitors of ELK-Desa Resources Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pappajack Bhd
KLSE:0242
|
Malaysia | RM361.68 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
Malaysia | RM361.11 Million |
|
Samsung Card Co. Ltd.
KO:029780
|
Korea | ₩32.17 Trillion |
|
Yiren Digital Ltd
F:19YA
|
Germany | €14.45 Billion |
|
Yixin Group Limited
F:1YX
|
Germany | €50.34 Billion |
|
BFF Bank S.p.A
F:2BF
|
Germany | €12.13 Billion |
|
Resurs Holding AB (publ)
F:4R6
|
Germany | €50.33 Billion |
|
Aeon Credit Service Bhd
KLSE:5139
|
Malaysia | RM15.62 Billion |
ELK-Desa Resources 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
Lower asset utilization - ELK-Desa Resources Bhd generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, ELK-Desa Resources Bhd generates $ 3.66 in net profit.
ELK-Desa Resources 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 | 1.47 | 1.67 | 2.28 |
| Quick Ratio | 1.39 | 1.57 | 2.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM83.85 Million | RM 108.19 Million | RM 141.93 Million |
ELK-Desa Resources Bhd - Advanced Valuation Insights
This section examines the relationship between ELK-Desa Resources 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 | 1.00 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 10.6% |
| Total Assets | RM892.86 Million |
| Market Capitalization | $29.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values ELK-Desa Resources Bhd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: ELK-Desa Resources Bhd's assets grew by 10.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ELK-Desa Resources Bhd (2013–2025)
The table below shows the annual total assets of ELK-Desa Resources Bhd from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | RM892.86 Million | +10.65% |
| 2024-03-31 | RM806.95 Million | +16.43% |
| 2023-03-31 | RM693.05 Million | +19.03% |
| 2022-03-31 | RM582.26 Million | -12.18% |
| 2021-03-31 | RM663.01 Million | -11.67% |
| 2020-03-31 | RM750.58 Million | +37.08% |
| 2019-03-31 | RM547.56 Million | +16.42% |
| 2018-03-31 | RM470.34 Million | +23.04% |
| 2017-03-31 | RM382.27 Million | +2.79% |
| 2016-03-31 | RM371.90 Million | +10.68% |
| 2015-03-31 | RM336.00 Million | +33.33% |
| 2014-03-31 | RM252.00 Million | +10.53% |
| 2013-03-31 | RM228.00 Million | -- |