Southern Steel Bhd
Southern Steel Berhad, an investment holding company, manufactures, sells, and trades in steel bars and related products for the construction, infrastructure, and industrial sectors. It operates through Steel Products; and Investment Holding and Others segments. The company offers billets, bars and wires, and other related products; steel bars for structural reinforcement; steel pipes for fluid t… Read more
Southern Steel Bhd (5665) - Total Assets
Latest total assets as of September 2025: RM1.41 Billion MYR
Based on the latest financial reports, Southern Steel Bhd (5665) holds total assets worth RM1.41 Billion 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.
Southern Steel Bhd - Total Assets Trend (2012–2025)
This chart illustrates how Southern Steel Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Southern Steel Bhd - Asset Composition Analysis
Current Asset Composition (June 2025)
Southern Steel Bhd's total assets of RM1.41 Billion consist of 40.7% current assets and 59.3% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 7.6% |
| Accounts Receivable | RM159.51 Million | 11.4% |
| Inventory | RM301.12 Million | 21.5% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM30.26 Million | 2.2% |
Asset Composition Trend (2012–2025)
This chart illustrates how Southern Steel 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: Southern Steel Bhd's current assets represent 40.7% of total assets in 2025, a decrease from 52.2% in 2012.
- Cash Position: Cash and equivalents constituted 7.6% of total assets in 2025, up from 2.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 21.5% of total assets.
Southern Steel Bhd Competitors by Total Assets
Key competitors of Southern Steel Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Southern Steel 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
Strong asset utilization - Southern Steel Bhd generates 1.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Southern Steel Bhd is currently not profitable relative to its asset base.
Southern Steel 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 | 1.35 | 0.71 | 1.12 |
| Quick Ratio | 0.52 | 0.43 | 0.88 |
| Cash Ratio | 0.16 | 0.10 | 0.00 |
| Working Capital | RM169.25 Million | RM -300.28 Million | RM 136.50 Million |
Southern Steel Bhd - Advanced Valuation Insights
This section examines the relationship between Southern Steel 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 | 0.68 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -24.1% |
| Total Assets | RM1.40 Billion |
| Market Capitalization | $21.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Southern Steel Bhd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Southern Steel Bhd's assets decreased by 24.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Southern Steel Bhd (2012–2025)
The table below shows the annual total assets of Southern Steel Bhd from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | RM1.40 Billion | -24.10% |
| 2024-06-30 | RM1.85 Billion | -4.18% |
| 2023-06-30 | RM1.93 Billion | -3.12% |
| 2022-06-30 | RM1.99 Billion | -15.51% |
| 2021-06-30 | RM2.35 Billion | -1.99% |
| 2020-06-30 | RM2.40 Billion | +7.79% |
| 2019-06-30 | RM2.23 Billion | -10.50% |
| 2018-06-30 | RM2.49 Billion | +8.87% |
| 2017-06-30 | RM2.29 Billion | +8.02% |
| 2016-06-30 | RM2.12 Billion | -18.10% |
| 2015-06-30 | RM2.58 Billion | +7.44% |
| 2014-06-30 | RM2.40 Billion | +9.32% |
| 2013-06-30 | RM2.20 Billion | +13.34% |
| 2012-06-30 | RM1.94 Billion | -- |