MST GOLF GROUP BERHAD
MST Golf Group Berhad, an investment holding company, engages in the retail and wholesale of golf equipment in Malaysia, Singapore, Indonesia, Thailand, Vietnam, and internationally. It operates through three segments: Trading, Golf Services, and Others. The company offers accessories and apparels, golf event management, and golf related services, as well as operates golf clubs, golf driving rang… Read more
MST GOLF GROUP BERHAD (5316) - Total Assets
Latest total assets as of September 2024: RM409.10 Million MYR
Based on the latest financial reports, MST GOLF GROUP BERHAD (5316) holds total assets worth RM409.10 Million MYR as of September 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.
MST GOLF GROUP BERHAD - Total Assets Trend (2020–2023)
This chart illustrates how MST GOLF GROUP BERHAD’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MST GOLF GROUP BERHAD - Asset Composition Analysis
Current Asset Composition (December 2023)
MST GOLF GROUP BERHAD's total assets of RM409.10 Million consist of 72.9% current assets and 27.1% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 8.5% |
| Accounts Receivable | RM11.83 Million | 2.9% |
| Inventory | RM150.64 Million | 36.5% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM1.42 Million | 0.3% |
Asset Composition Trend (2020–2023)
This chart illustrates how MST GOLF GROUP 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: MST GOLF GROUP BERHAD's current assets represent 72.9% of total assets in 2023, an increase from 67.3% in 2020.
- Cash Position: Cash and equivalents constituted 8.5% of total assets in 2023, down from 13.1% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 36.5% of total assets.
MST GOLF GROUP BERHAD Competitors by Total Assets
Key competitors of MST GOLF GROUP BERHAD based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Sanfo Outdoor Products Co Ltd
SHE:002780
|
China | CN¥1.16 Billion |
|
Ls Networks
KO:000680
|
Korea | ₩10.50 Trillion |
|
Suning Commerce Group Co Ltd
SHE:002024
|
China | CN¥114.75 Billion |
|
Haining China Leather Market Co Ltd
SHE:002344
|
China | CN¥12.96 Billion |
|
Zhejiang Aishida Electric Co Ltd
SHE:002403
|
China | CN¥4.75 Billion |
|
Shenzhen Aisidi Co Ltd
SHE:002416
|
China | CN¥12.81 Billion |
|
Monami
KO:005360
|
Korea | ₩183.92 Billion |
|
Hotel Shilla Co Ltd
KO:008775
|
Korea | ₩3.59 Trillion |
MST GOLF GROUP 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
Strong asset utilization - MST GOLF GROUP BERHAD generates 0.79x 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, MST GOLF GROUP BERHAD generates $ 4.27 in net profit.
MST GOLF GROUP 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 | 2.94 | 3.13 | 3.13 |
| Quick Ratio | 1.15 | 1.49 | 1.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM192.91 Million | RM 200.81 Million | RM 200.81 Million |
MST GOLF GROUP BERHAD - Advanced Valuation Insights
This section examines the relationship between MST GOLF GROUP 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) | 59.5% |
| Total Assets | RM412.72 Million |
| Market Capitalization | $6.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values MST GOLF GROUP BERHAD's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MST GOLF GROUP BERHAD's assets grew by 59.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MST GOLF GROUP BERHAD (2020–2023)
The table below shows the annual total assets of MST GOLF GROUP BERHAD from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | RM412.72 Million | +59.52% |
| 2022-12-31 | RM258.73 Million | +45.53% |
| 2021-12-31 | RM177.79 Million | +19.69% |
| 2020-12-31 | RM148.54 Million | -- |