Handal Resources Bhd
Handal Energy Berhad, an investment holding company, primarily provides integrated crane and pipeline isolation services to the oil and gas industry in Malaysia. It operates through Integrated, Maintenance, Repair, and Overhaul Services; Pipeline Engineering; Trading and Project; and Other segments. The company offers and overhaul and maintenance offshore pedestal cranes services; manufactures an… Read more
Handal Resources Bhd (7253) - Total Assets
Latest total assets as of September 2025: RM129.22 Million MYR
Based on the latest financial reports, Handal Resources Bhd (7253) holds total assets worth RM129.22 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.
Handal Resources Bhd - Total Assets Trend (2012–2024)
This chart illustrates how Handal Resources Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Handal Resources Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Handal Resources Bhd's total assets of RM129.22 Million consist of 40.4% current assets and 59.6% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 0.1% |
| Accounts Receivable | RM12.50 Million | 11.0% |
| Inventory | RM9.54 Million | 8.4% |
| Property, Plant & Equipment | RM45.02 Million | 39.5% |
| Intangible Assets | RM18.30 Million | 16.1% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Handal 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Handal Resources Bhd's current assets represent 40.4% of total assets in 2024, a decrease from 54.2% in 2012.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 20.5% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is property, plant & equipment at 39.5% of total assets.
Handal Resources Bhd Competitors by Total Assets
Key competitors of Handal Resources Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Handal Resources 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
Lower asset utilization - Handal Resources Bhd generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Handal Resources Bhd is currently not profitable relative to its asset base.
Handal 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 | 0.49 | 0.56 | 1.22 |
| Quick Ratio | 0.38 | 0.44 | 1.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM-44.07 Million | RM -37.79 Million | RM 11.83 Million |
Handal Resources Bhd - Advanced Valuation Insights
This section examines the relationship between Handal 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 | 0.46 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 24.1% |
| Total Assets | RM113.85 Million |
| Market Capitalization | $2.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Handal Resources Bhd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Handal Resources Bhd's assets grew by 24.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Handal Resources Bhd (2012–2024)
The table below shows the annual total assets of Handal Resources Bhd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM113.85 Million | +24.08% |
| 2023-12-31 | RM91.75 Million | +0.99% |
| 2022-12-31 | RM90.86 Million | -12.19% |
| 2021-12-31 | RM103.47 Million | -19.21% |
| 2020-12-31 | RM128.07 Million | -1.60% |
| 2019-12-31 | RM130.15 Million | +27.91% |
| 2018-12-31 | RM101.75 Million | -25.14% |
| 2017-12-31 | RM135.93 Million | -0.89% |
| 2016-12-31 | RM137.14 Million | -22.21% |
| 2015-12-31 | RM176.29 Million | +3.70% |
| 2014-12-31 | RM170.00 Million | +4.94% |
| 2013-12-31 | RM162.00 Million | -2.41% |
| 2012-12-31 | RM166.00 Million | -- |