Reach Energy Bhd
Reach Energy Berhad, an investment holding company, engages in the exploration, development, production, and sale of crude oil and other petroleum products in the Republic of Kazakhstan, Malaysia, and internationally. The company holds a 100% working interest in the Emir-Oil concession block covering an area of approximately 850.3 square kilometers located in the Mangystau Oblast in the southwest… Read more
Reach Energy Bhd (5256) - Total Assets
Latest total assets as of December 2024: RM861.30 Million MYR
Based on the latest financial reports, Reach Energy Bhd (5256) holds total assets worth RM861.30 Million MYR as of December 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.
Reach Energy Bhd - Total Assets Trend (2013–2024)
This chart illustrates how Reach Energy Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Reach Energy Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Reach Energy Bhd's total assets of RM861.30 Million consist of 3.1% current assets and 96.9% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 0.4% |
| Accounts Receivable | RM1.79 Million | 0.2% |
| Inventory | RM5.49 Million | 0.6% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Reach Energy 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: Reach Energy Bhd's current assets represent 3.1% of total assets in 2024, a decrease from 100.0% in 2013.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2024, down from 100.0% 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 inventory at 0.6% of total assets.
Reach Energy Bhd Competitors by Total Assets
Key competitors of Reach Energy Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
|
Shandong Xinchao Energy Co Ltd
SHG:600777
|
China | CN¥35.97 Billion |
Reach Energy 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 - Reach Energy Bhd generates 0.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Reach Energy Bhd is currently not profitable relative to its asset base.
Reach Energy 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 | 0.22 | 0.21 | 0.48 |
| Quick Ratio | 0.18 | 0.17 | 0.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM-94.17 Million | RM -132.42 Million | RM -41.81 Million |
Reach Energy Bhd - Advanced Valuation Insights
This section examines the relationship between Reach Energy 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 | 0.06 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -2.5% |
| Total Assets | RM861.30 Million |
| Market Capitalization | $674.92K USD |
Valuation Analysis
Below Book Valuation: The market values Reach Energy Bhd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Reach Energy Bhd's assets decreased by 2.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Reach Energy Bhd (2013–2024)
The table below shows the annual total assets of Reach Energy Bhd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM861.30 Million | -2.53% |
| 2023-12-31 | RM883.66 Million | -29.60% |
| 2022-12-31 | RM1.26 Billion | -8.35% |
| 2021-12-31 | RM1.37 Billion | +5.07% |
| 2020-12-31 | RM1.30 Billion | -13.53% |
| 2019-12-31 | RM1.51 Billion | -9.80% |
| 2018-12-31 | RM1.67 Billion | +1.47% |
| 2017-12-31 | RM1.65 Billion | -15.35% |
| 2016-12-31 | RM1.95 Billion | +149.79% |
| 2015-12-31 | RM779.00 Million | +1.30% |
| 2015-07-31 | RM769.00 Million | +1536.17% |
| 2014-12-31 | RM47.00 Million | +571.43% |
| 2013-12-31 | RM7.00 Million | -- |