TAFI Industries Bhd (7211) - Total Assets
Based on the latest financial reports, TAFI Industries Bhd (7211) holds total assets worth RM379.67 Million MYR (≈ $95.32 Million USD) as of March 2026. 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. Explore 7211 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
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. See TAFI Industries Bhd shareholders equity for net asset value and shareholders' equity analysis.
TAFI Industries Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
TAFI Industries Bhd's total assets of RM379.67 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. For live market cap, price, and company overview, see market cap of TAFI Industries Bhd.
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 |
|---|---|---|
|
Breville Group Ltd
AU:BRG
|
Australia | AU$1.80 Billion |
|
Vohringer Home Technology Co Ltd
SHG:603226
|
China | CN¥1.23 Billion |
|
Opple Lighting Co Ltd
SHG:603515
|
China | CN¥9.27 Billion |
|
HHC Changzhou Corp.
SHE:301061
|
China | CN¥4.95 Billion |
|
Panca Anugrah Wisesa Tbk PT
JK:MGLV
|
Indonesia | Rp203.50 Billion |
|
Whirlpool S.A
SA:WHRL3
|
Brazil | R$10.40 Billion |
|
Guangdong Piano Customized Furniture Co Ltd
SHE:002853
|
China | CN¥1.42 Billion |
|
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A
SHE:300749
|
China | CN¥1.28 Billion |
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 | 1.85 | 1.68 | 4.24 |
| Quick Ratio | 1.40 | 1.15 | 3.11 |
| Cash Ratio | 0.00 | 0.00 | 2.94 |
| Working Capital | RM171.28 Million | RM87.95 Million | RM34.44 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 | 1.85 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 74.5% |
| Total Assets | RM335.65 Million |
| Market Capitalization | $56.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values TAFI Industries Bhd's assets below their book value (0.17x), 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 ≈ $84.27 Million |
+74.53% |
| 2023-12-31 | RM192.31 Million ≈ $48.28 Million |
+75.71% |
| 2022-12-31 | RM109.45 Million ≈ $27.48 Million |
+44.09% |
| 2021-12-31 | RM75.96 Million ≈ $19.07 Million |
+74.18% |
| 2020-12-31 | RM43.61 Million ≈ $10.95 Million |
-13.87% |
| 2019-12-31 | RM50.63 Million ≈ $12.71 Million |
-5.05% |
| 2018-12-31 | RM53.32 Million ≈ $13.39 Million |
-4.45% |
| 2017-12-31 | RM55.81 Million ≈ $14.01 Million |
-11.16% |
| 2016-12-31 | RM62.82 Million ≈ $15.77 Million |
-1.84% |
| 2015-12-31 | RM64.00 Million ≈ $16.07 Million |
-1.54% |
| 2014-12-31 | RM65.00 Million ≈ $16.32 Million |
+3.17% |
| 2013-12-31 | RM63.00 Million ≈ $15.82 Million |
-1.56% |
| 2012-12-31 | RM64.00 Million ≈ $16.07 Million |
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About 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