New Hoong Fatt Holdings Bhd
New Hoong Fatt Holdings Berhad, an investment holding company, manufactures, markets, distributes, and trades in automotive parts and accessories in the replacement market. The company offers metal automotive replacement body parts, including doors, hoods, fenders, tail gates, trunk lids, head-lamp panels, roof panels, and bonnets; and plastic automotive replacement parts, such as head and tail l… Read more
New Hoong Fatt Holdings Bhd (7060) - Total Assets
Latest total assets as of September 2025: RM660.77 Million MYR
Based on the latest financial reports, New Hoong Fatt Holdings Bhd (7060) holds total assets worth RM660.77 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.
New Hoong Fatt Holdings Bhd - Total Assets Trend (2012–2024)
This chart illustrates how New Hoong Fatt Holdings Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New Hoong Fatt Holdings Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
New Hoong Fatt Holdings Bhd's total assets of RM660.77 Million consist of 37.2% current assets and 62.8% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 19.2% |
| Accounts Receivable | RM45.73 Million | 7.0% |
| Inventory | RM70.14 Million | 10.7% |
| Property, Plant & Equipment | RM386.75 Million | 59.0% |
| Intangible Assets | RM43.00K | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how New Hoong Fatt 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: New Hoong Fatt Holdings Bhd's current assets represent 37.2% of total assets in 2024, an increase from 35.6% in 2012.
- Cash Position: Cash and equivalents constituted 19.2% of total assets in 2024, up from 8.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is property, plant & equipment at 59.0% of total assets.
New Hoong Fatt Holdings Bhd Competitors by Total Assets
Key competitors of New Hoong Fatt Holdings Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
New Hoong Fatt 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
Moderate asset utilization - New Hoong Fatt Holdings Bhd generates 0.43x 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, New Hoong Fatt Holdings Bhd generates $6.71 in net profit.
New Hoong Fatt 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 | 14.23 | 11.05 | 2.93 |
| Quick Ratio | 11.19 | 8.23 | 1.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM244.97 Million | RM 220.34 Million | RM 91.24 Million |
New Hoong Fatt Holdings Bhd - Advanced Valuation Insights
This section examines the relationship between New Hoong Fatt 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 | 0.45 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 3.9% |
| Total Assets | RM655.41 Million |
| Market Capitalization | $25.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values New Hoong Fatt Holdings Bhd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: New Hoong Fatt Holdings Bhd's assets grew by 3.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for New Hoong Fatt Holdings Bhd (2012–2024)
The table below shows the annual total assets of New Hoong Fatt Holdings Bhd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM655.41 Million | +3.90% |
| 2023-12-31 | RM630.83 Million | +5.90% |
| 2022-12-31 | RM595.65 Million | -1.91% |
| 2021-12-31 | RM607.25 Million | +9.12% |
| 2020-12-31 | RM556.49 Million | -1.79% |
| 2019-12-31 | RM566.64 Million | -0.69% |
| 2018-12-31 | RM570.60 Million | +6.22% |
| 2017-12-31 | RM537.20 Million | +18.50% |
| 2016-12-31 | RM453.33 Million | +13.90% |
| 2015-12-31 | RM398.00 Million | +7.86% |
| 2014-12-31 | RM369.00 Million | -4.40% |
| 2013-12-31 | RM386.00 Million | +6.63% |
| 2012-12-31 | RM362.00 Million | -- |