Advancecon Holdings Bhd

KLSE:5281 Malaysia Engineering & Construction
Market Cap
$23.78 Million
RM107.12 Million MYR
Market Cap Rank
#29053 Global
#558 in Malaysia
Share Price
RM0.19
Change (1 day)
+0.00%
52-Week Range
RM0.19 - RM0.25
All Time High
RM1.11
About

Advancecon Holdings Berhad, together with its subsidiaries, provides earthworks and civil engineering services in Malaysia. The company operates through five segments: Construction and Support Services; Property Investments; Green Energy; Quarry Operations; and Property Development. The Construction and Support Services segment is involved in earthworks and civil engineering. The Property Investm… Read more

Advancecon Holdings Bhd (5281) - Total Assets

Latest total assets as of September 2025: RM548.75 Million MYR

Based on the latest financial reports, Advancecon Holdings Bhd (5281) holds total assets worth RM548.75 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.

Advancecon Holdings Bhd - Total Assets Trend (2016–2024)

This chart illustrates how Advancecon Holdings Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Advancecon Holdings Bhd - Asset Composition Analysis

Current Asset Composition (December 2024)

Advancecon Holdings Bhd's total assets of RM548.75 Million consist of 45.4% current assets and 54.6% non-current assets.

Asset Category Amount (MYR) % of Total Assets
Cash & Equivalents RM0.00 1.5%
Accounts Receivable RM140.61 Million 26.5%
Inventory RM14.39 Million 2.7%
Property, Plant & Equipment RM246.82 Million 46.4%
Intangible Assets RM1.10 Million 0.2%
Goodwill RM0.00 0.0%

Asset Composition Trend (2016–2024)

This chart illustrates how Advancecon Holdings 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: Advancecon Holdings Bhd's current assets represent 45.4% of total assets in 2024, a decrease from 54.0% in 2016.
  • Cash Position: Cash and equivalents constituted 1.5% of total assets in 2024, up from 1.2% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
  • Asset Diversification: The largest asset category is property, plant & equipment at 46.4% of total assets.

Advancecon Holdings Bhd Competitors by Total Assets

Key competitors of Advancecon Holdings Bhd based on total assets are shown below.

Advancecon Holdings 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

Historical Range: 0.61 - 0.79

Strong asset utilization - Advancecon Holdings Bhd generates 0.72x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -5.91% - 8.94%

Negative ROA - Advancecon Holdings Bhd is currently not profitable relative to its asset base.

Advancecon Holdings 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 1.13 0.97 1.52
Quick Ratio 0.94 0.94 1.52
Cash Ratio 0.00 0.00 0.00
Working Capital RM31.85 Million RM -7.82 Million RM 82.74 Million

Advancecon Holdings Bhd - Advanced Valuation Insights

This section examines the relationship between Advancecon Holdings 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 0.66
Latest Market Cap to Assets Ratio 0.02
Asset Growth Rate (YoY) -8.4%
Total Assets RM531.47 Million
Market Capitalization $8.88 Million USD

Valuation Analysis

Below Book Valuation: The market values Advancecon Holdings Bhd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Advancecon Holdings Bhd's assets decreased by 8.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Advancecon Holdings Bhd (2016–2024)

The table below shows the annual total assets of Advancecon Holdings Bhd from 2016 to 2024.

Year Total Assets Change
2024-12-31 RM531.47 Million -8.43%
2023-12-31 RM580.39 Million -10.97%
2022-12-31 RM651.92 Million +47.48%
2021-12-31 RM442.03 Million +8.38%
2020-12-31 RM407.87 Million -0.52%
2019-12-31 RM409.98 Million -0.33%
2018-12-31 RM411.35 Million +11.58%
2017-12-31 RM368.68 Million +24.60%
2016-12-31 RM295.89 Million --