Ni Hsin Resources Bhd (7215) - Total Assets
Based on the latest financial reports, Ni Hsin Resources Bhd (7215) holds total assets worth RM116.43 Million MYR (≈ $29.23 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 Ni Hsin Resources Bhd debt service capacity to assess how comfortably operating cash covers total debt obligations.
Ni Hsin Resources Bhd - Total Assets Trend (2012–2024)
This chart illustrates how Ni Hsin Resources Bhd's total assets have evolved over time, based on quarterly financial data. See 7215 net assets for net asset value and shareholders' equity analysis.
Ni Hsin Resources Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ni Hsin Resources Bhd's total assets of RM116.43 Million consist of 32.8% current assets and 67.2% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM7.90 Million | 9.0% |
| Accounts Receivable | RM5.79 Million | 4.7% |
| Inventory | RM25.87 Million | 21.0% |
| Property, Plant & Equipment | RM75.16 Million | 60.9% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM7.53 Million | 6.1% |
Asset Composition Trend (2012–2024)
This chart illustrates how Ni Hsin Resources 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 7215 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ni Hsin Resources Bhd's current assets represent 32.8% of total assets in 2024, a decrease from 45.2% in 2012.
- Cash Position: Cash and equivalents constituted 9.0% of total assets in 2024, up from 8.2% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, unchanged from 6.0% in 2012.
- Asset Diversification: The largest asset category is property, plant & equipment at 60.9% of total assets.
Ni Hsin Resources Bhd Competitors by Total Assets
Key competitors of Ni Hsin Resources Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Jason Furniture(Hangzhou)
SHG:603816
|
China | CN¥18.96 Billion |
|
Guangdong Homa Appliances Co Ltd
SHE:002668
|
China | CN¥16.05 Billion |
|
ELECTROLUX B ADR/2 SK 5
F:ELXA
|
Germany | €115.01 Billion |
|
Sino Prima Gas Technology Co Ltd
SHE:300483
|
China | CN¥8.61 Billion |
|
Healthcare Co Ltd
SHG:603313
|
China | CN¥9.60 Billion |
|
Qumei Furniture Group Co Ltd
SHG:603818
|
China | CN¥6.07 Billion |
|
Zhejiang Walrus New Material Co Ltd
SHE:003011
|
China | CN¥1.87 Billion |
Ni Hsin Resources 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 | 2.34 | 3.54 | 8.17 |
| Quick Ratio | 1.07 | 1.43 | 5.09 |
| Cash Ratio | 0.00 | 0.79 | 4.25 |
| Working Capital | RM21.24 Million | RM26.84 Million | RM53.83 Million |
Ni Hsin Resources Bhd - Advanced Valuation Insights
This section examines the relationship between Ni Hsin Resources 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 | 0.44 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 14.8% |
| Total Assets | RM123.35 Million |
| Market Capitalization | $10.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ni Hsin Resources Bhd's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ni Hsin Resources Bhd's assets grew by 14.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ni Hsin Resources Bhd (2012–2024)
The table below shows the annual total assets of Ni Hsin Resources Bhd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM123.35 Million ≈ $30.97 Million |
+14.78% |
| 2023-12-31 | RM107.47 Million ≈ $26.98 Million |
-7.37% |
| 2022-12-31 | RM116.02 Million ≈ $29.13 Million |
-0.87% |
| 2021-12-31 | RM117.03 Million ≈ $29.38 Million |
+19.83% |
| 2020-12-31 | RM97.66 Million ≈ $24.52 Million |
+2.59% |
| 2019-12-31 | RM95.20 Million ≈ $23.90 Million |
-7.92% |
| 2018-12-31 | RM103.39 Million ≈ $25.96 Million |
+14.15% |
| 2017-12-31 | RM90.57 Million ≈ $22.74 Million |
+6.75% |
| 2016-12-31 | RM84.84 Million ≈ $21.30 Million |
+26.63% |
| 2015-12-31 | RM67.00 Million ≈ $16.82 Million |
-4.29% |
| 2014-12-31 | RM70.00 Million ≈ $17.57 Million |
-6.67% |
| 2013-12-31 | RM75.00 Million ≈ $18.83 Million |
+2.74% |
| 2012-12-31 | RM73.00 Million ≈ $18.33 Million |
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About Ni Hsin Resources Bhd
Ni Hsin Group Berhad, an investment holding company, designs, manufactures, and sells stainless steel kitchenware and cookware products in Malaysia, Japan, the United States, Europe, Canada, and the Asia Pacific. It operates through five segments: Cookware; Stainless Steel Products; Food and Beverages; Logistics; and Electric Vehicles. The company provides a range of stainless-steel multi-ply coo… Read more