TAFI Industries Bhd
TAFI Industries Berhad, together with its subsidiaries, manufactures and trades in wood-based home and office furniture products in Malaysia and internationally. It operates in five segments: Furniture Products; Construction; Property Development; Trading; and Others. The company offers home furniture products for living rooms, bedrooms, and study rooms; project-based furniture and related produc… Read more
TAFI Industries Bhd (7211) - Total Assets
Latest total assets as of September 2025: RM364.68 Million MYR
Based on the latest financial reports, TAFI Industries Bhd (7211) holds total assets worth RM364.68 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.
TAFI Industries Bhd - Total Assets Trend (2012–2024)
This chart illustrates how TAFI Industries Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TAFI Industries Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
TAFI Industries Bhd's total assets of RM364.68 Million consist of 95.4% current assets and 4.6% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 8.1% |
| Accounts Receivable | RM120.20 Million | 35.8% |
| Inventory | RM88.29 Million | 26.3% |
| Property, Plant & Equipment | RM8.52 Million | 2.5% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how TAFI Industries 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: TAFI Industries Bhd's current assets represent 95.4% of total assets in 2024, an increase from 54.7% in 2012.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, down from 12.5% 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 accounts receivable at 35.8% of total assets.
TAFI Industries Bhd Competitors by Total Assets
Key competitors of TAFI Industries Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
TAFI Industries 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 - TAFI Industries Bhd generates 0.67x 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, TAFI Industries Bhd generates $7.29 in net profit.
TAFI Industries 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 | 1.72 | 1.59 | 1.56 |
| Quick Ratio | 1.27 | 1.11 | 0.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM146.10 Million | RM 72.72 Million | RM 6.48 Million |
TAFI Industries Bhd - Advanced Valuation Insights
This section examines the relationship between TAFI Industries 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 | 2.18 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 74.5% |
| Total Assets | RM335.65 Million |
| Market Capitalization | $11.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values TAFI Industries Bhd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: TAFI Industries Bhd's assets grew by 74.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TAFI Industries Bhd (2012–2024)
The table below shows the annual total assets of TAFI Industries Bhd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM335.65 Million | +74.53% |
| 2023-12-31 | RM192.31 Million | +75.71% |
| 2022-12-31 | RM109.45 Million | +44.09% |
| 2021-12-31 | RM75.96 Million | +74.18% |
| 2020-12-31 | RM43.61 Million | -13.87% |
| 2019-12-31 | RM50.63 Million | -5.05% |
| 2018-12-31 | RM53.32 Million | -4.45% |
| 2017-12-31 | RM55.81 Million | -11.16% |
| 2016-12-31 | RM62.82 Million | -1.84% |
| 2015-12-31 | RM64.00 Million | -1.54% |
| 2014-12-31 | RM65.00 Million | +3.17% |
| 2013-12-31 | RM63.00 Million | -1.56% |
| 2012-12-31 | RM64.00 Million | -- |