SkyWorld Development Berhad (5315) - Total Assets
Based on the latest financial reports, SkyWorld Development Berhad (5315) holds total assets worth RM1.55 Billion MYR (≈ $389.76 Million USD) 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. See SkyWorld Development Berhad (5315) shareholders funds for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see 5315 market cap.
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 |
|---|---|---|
|
KC Property PLC
BK:KC
|
Thailand | ฿851.43 Million |
|
Xinhu Zhongbao Co Ltd
SHG:600208
|
China | CN¥97.05 Billion |
|
Sime Darby Property Bhd
KLSE:5288
|
Malaysia | RM18.38 Billion |
|
China Enterprise Co Ltd
SHG:600675
|
China | CN¥51.79 Billion |
|
JHSF Participações S.A.
SA:JHSF3
|
Brazil | R$15.66 Billion |
|
Shanghai SMI Holding Co Ltd
SHG:600649
|
China | CN¥85.80 Billion |
|
Jiangsu Dagang Co Ltd
SHE:002077
|
China | CN¥4.19 Billion |
|
Beijing Capital Development Co Ltd
SHG:600376
|
China | CN¥206.93 Billion |
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 | RM181.04 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 | 0.07 |
| Asset Growth Rate (YoY) | 14.4% |
| Total Assets | RM1.36 Billion |
| Market Capitalization | $95.41 Million USD |
Valuation Analysis
Below Book Valuation: The market values SkyWorld Development Berhad's assets below their book value (0.07x), 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 ≈ $342.61 Million |
+14.42% |
| 2020-12-31 | RM1.19 Billion ≈ $299.43 Million |
+16.10% |
| 2019-12-31 | RM1.03 Billion ≈ $257.90 Million |
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About 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