SP Setia Bhd
S P Setia Berhad, an investment holding company, operates as a property development and investment company in Malaysia, Singapore, Australia, Vietnam, the United Kingdom, and Japan. The company operates in two segments, Property Development; and Construction, Investment Holding & Others. It develops bungalow, high-rise, terrace, semi-detached, cluster, and townhouse, as well as commercial, retail… Read more
SP Setia Bhd (8664) - Total Assets
Latest total assets as of September 2025: RM26.99 Billion MYR
Based on the latest financial reports, SP Setia Bhd (8664) holds total assets worth RM26.99 Billion 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.
SP Setia Bhd - Total Assets Trend (2004–2024)
This chart illustrates how SP Setia Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SP Setia Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
SP Setia Bhd's total assets of RM26.99 Billion consist of 31.3% current assets and 68.8% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 8.7% |
| Accounts Receivable | RM1.49 Billion | 5.4% |
| Inventory | RM3.77 Billion | 13.7% |
| Property, Plant & Equipment | RM792.50 Million | 2.9% |
| Intangible Assets | RM15.48 Million | 0.1% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how SP Setia 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: SP Setia Bhd's current assets represent 31.3% of total assets in 2024, a decrease from 63.2% in 2004.
- Cash Position: Cash and equivalents constituted 8.7% of total assets in 2024, up from 4.0% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 15.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 13.7% of total assets.
SP Setia Bhd Competitors by Total Assets
Key competitors of SP Setia Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kee Tai Properties Co Ltd
TW:2538
|
Taiwan | NT$17.72 Billion |
|
Hung Sheng Construction Ltd
TW:2534
|
Taiwan | NT$31.48 Billion |
|
Villa Kunalai Public Company Limited
BK:KUN
|
Thailand | ฿2.84 Billion |
|
China Vanke Co Ltd Class A
SHE:000002
|
China | CN¥1.14 Trillion |
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
China | CN¥17.27 Billion |
|
Shahe Industry Co Ltd
SHE:000014
|
China | CN¥2.33 Billion |
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
China | CN¥167.28 Billion |
|
China Union Holdings Ltd
SHE:000036
|
China | CN¥7.64 Billion |
SP Setia 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 - SP Setia Bhd generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, SP Setia Bhd generates $ 2.09 in net profit.
SP Setia 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 | 1.36 | 1.82 | 2.18 |
| Quick Ratio | 0.70 | 1.08 | 1.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM2.02 Billion | RM 3.85 Billion | RM 6.03 Billion |
SP Setia Bhd - Advanced Valuation Insights
This section examines the relationship between SP Setia 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 | 0.34 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -4.8% |
| Total Assets | RM27.60 Billion |
| Market Capitalization | $531.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values SP Setia Bhd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: SP Setia Bhd's assets decreased by 4.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for SP Setia Bhd (2004–2024)
The table below shows the annual total assets of SP Setia Bhd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM27.60 Billion | -4.84% |
| 2023-12-31 | RM29.01 Billion | -2.73% |
| 2022-12-31 | RM29.82 Billion | -4.38% |
| 2021-12-31 | RM31.18 Billion | +2.65% |
| 2020-12-31 | RM30.38 Billion | +1.12% |
| 2019-12-31 | RM30.04 Billion | +2.41% |
| 2018-12-31 | RM29.34 Billion | +5.82% |
| 2017-12-31 | RM27.72 Billion | +48.33% |
| 2016-12-31 | RM18.69 Billion | +13.80% |
| 2015-12-31 | RM16.42 Billion | +6.10% |
| 2015-10-31 | RM15.48 Billion | +18.09% |
| 2014-12-31 | RM13.11 Billion | +5.35% |
| 2013-12-31 | RM12.44 Billion | +33.02% |
| 2012-12-31 | RM9.35 Billion | +67.45% |
| 2011-12-31 | RM5.59 Billion | +27.35% |
| 2010-12-31 | RM4.39 Billion | +10.98% |
| 2009-12-31 | RM3.95 Billion | +19.19% |
| 2008-12-31 | RM3.32 Billion | +15.06% |
| 2007-12-31 | RM2.88 Billion | +9.75% |
| 2006-12-31 | RM2.63 Billion | +7.83% |
| 2005-12-31 | RM2.44 Billion | -7.23% |
| 2004-12-31 | RM2.62 Billion | -- |