SkyWorld Development Berhad
SkyWorld Development Berhad, an investment holding company, engages in the property development business in Malaysia. It focuses on the development of high-rise residential, commercial, and affordable properties, as well as leasing of build to rent developments. The company provides property management and investment, and construction services. In addition, it operates SkyWorld Connects App; Solu… Read more
SkyWorld Development Berhad (5315) - Total Assets
Latest total assets as of September 2023: RM1.55 Billion MYR
Based on the latest financial reports, SkyWorld Development Berhad (5315) holds total assets worth RM1.55 Billion MYR as of September 2023.
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.
SkyWorld Development Berhad - Total Assets Trend (2019–2021)
This chart illustrates how SkyWorld Development Berhad’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SkyWorld Development Berhad - Asset Composition Analysis
Current Asset Composition (December 2021)
SkyWorld Development Berhad's total assets of RM1.55 Billion consist of 59.2% current assets and 40.8% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 19.5% |
| Accounts Receivable | RM74.21 Million | 5.4% |
| Inventory | RM276.63 Million | 20.3% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM2.81 Million | 0.2% |
| Goodwill | RM1.15 Million | 0.1% |
Asset Composition Trend (2019–2021)
This chart illustrates how SkyWorld Development 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: SkyWorld Development Berhad's current assets represent 59.2% of total assets in 2021, an increase from 51.8% in 2019.
- Cash Position: Cash and equivalents constituted 19.5% of total assets in 2021, up from 13.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 20.3% of total assets.
SkyWorld Development Berhad Competitors by Total Assets
Key competitors of SkyWorld Development Berhad based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kee Tai Properties Co Ltd
TW:2538
|
Taiwan | NT$17.72 Billion |
|
Hung Sheng Construction Ltd
TW:2534
|
Taiwan | NT$31.48 Billion |
|
Villa Kunalai Public Company Limited
BK:KUN
|
Thailand | ฿2.84 Billion |
|
China Vanke Co Ltd Class A
SHE:000002
|
China | CN¥1.14 Trillion |
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
China | CN¥17.27 Billion |
|
Shahe Industry Co Ltd
SHE:000014
|
China | CN¥2.33 Billion |
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
China | CN¥167.28 Billion |
|
China Union Holdings Ltd
SHE:000036
|
China | CN¥7.64 Billion |
SkyWorld Development 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 - SkyWorld Development Berhad generates 0.58x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, SkyWorld Development Berhad generates $7.77 in net profit.
SkyWorld Development 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 | 2.20 | 1.35 | - |
| Quick Ratio | 1.70 | 1.03 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | RM509.87 Million | RM 181.04 Million | - |
SkyWorld Development Berhad - Advanced Valuation Insights
This section examines the relationship between SkyWorld Development 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 | 0.66 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 14.4% |
| Total Assets | RM1.36 Billion |
| Market Capitalization | $29.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values SkyWorld Development Berhad's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: SkyWorld Development Berhad's assets grew by 14.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SkyWorld Development Berhad (2019–2021)
The table below shows the annual total assets of SkyWorld Development Berhad from 2019 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | RM1.36 Billion | +14.42% |
| 2020-12-31 | RM1.19 Billion | +16.10% |
| 2019-12-31 | RM1.03 Billion | -- |