Ideal United Bintang Bhd (9687) - Total Assets
Based on the latest financial reports, Ideal United Bintang Bhd (9687) holds total assets worth RM2.15 Billion MYR (≈ $539.64 Million USD) as of December 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. See Ideal United Bintang Bhd (9687) shareholders funds for net asset value and shareholders' equity analysis.
Ideal United Bintang Bhd - Total Assets Trend (2012–2025)
This chart illustrates how Ideal United Bintang Bhd's total assets have evolved over time, based on quarterly financial data.
Ideal United Bintang Bhd - Asset Composition Analysis
Current Asset Composition (December 2025)
Ideal United Bintang Bhd's total assets of RM2.15 Billion consist of 91.2% current assets and 8.8% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 1.2% |
| Accounts Receivable | RM0.00 | 0.0% |
| Inventory | RM1.44 Billion | 67.0% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2012–2025)
This chart illustrates how Ideal United Bintang 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 9687 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ideal United Bintang Bhd's current assets represent 91.2% of total assets in 2025, an increase from 90.0% in 2012.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2025, down from 5.0% 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 inventory at 67.0% of total assets.
Ideal United Bintang Bhd Competitors by Total Assets
Key competitors of Ideal United Bintang Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hangzhou Binjiang Real Estate Group Co Ltd
SHE:002244
|
China | CN¥203.96 Billion |
|
Seazen Holdings Co Ltd
SHG:601155
|
China | CN¥291.18 Billion |
|
Israel Canada
TA:ISCN
|
Israel | ILA12.42 Billion |
|
Jinke Property Group Co Ltd
SHE:000656
|
China | CN¥14.43 Billion |
|
China Enterprise Co Ltd
SHG:600675
|
China | CN¥51.84 Billion |
|
Africa Israel Residences Ltd
TA:AFRE
|
Israel | ILA5.02 Billion |
|
DINE S.A.B. de C.V
MX:DINEB
|
Mexico | MX$7.81 Billion |
|
Tianjin Jinbin Development
SHE:000897
|
China | CN¥4.49 Billion |
Ideal United Bintang 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 | 2.61 | 2.30 | 1.94 |
| Quick Ratio | 0.69 | 0.58 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM1.21 Billion | RM821.32 Million | RM469.60 Million |
Ideal United Bintang Bhd - Advanced Valuation Insights
This section examines the relationship between Ideal United Bintang 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 | 2.03 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 20.6% |
| Total Assets | RM2.15 Billion |
| Market Capitalization | $451.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ideal United Bintang Bhd's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ideal United Bintang Bhd's assets grew by 20.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ideal United Bintang Bhd (2012–2025)
The table below shows the annual total assets of Ideal United Bintang Bhd from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | RM2.15 Billion ≈ $539.64 Million |
+20.64% |
| 2024-12-31 | RM1.78 Billion ≈ $447.34 Million |
+4.22% |
| 2023-12-31 | RM1.71 Billion ≈ $429.20 Million |
+45.91% |
| 2022-12-31 | RM1.17 Billion ≈ $294.15 Million |
+3.99% |
| 2021-12-31 | RM1.13 Billion ≈ $282.87 Million |
+2.61% |
| 2020-12-31 | RM1.10 Billion ≈ $275.69 Million |
-11.39% |
| 2019-12-31 | RM1.24 Billion ≈ $311.12 Million |
+91.57% |
| 2018-12-31 | RM646.86 Million ≈ $162.40 Million |
+107.61% |
| 2017-12-31 | RM311.57 Million ≈ $78.23 Million |
+39.73% |
| 2016-12-31 | RM222.98 Million ≈ $55.98 Million |
+87.38% |
| 2015-12-31 | RM119.00 Million ≈ $29.88 Million |
+271.88% |
| 2014-12-31 | RM32.00 Million ≈ $8.03 Million |
+6.67% |
| 2013-12-31 | RM30.00 Million ≈ $7.53 Million |
-25.00% |
| 2012-12-31 | RM40.00 Million ≈ $10.04 Million |
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About Ideal United Bintang Bhd
Ideal Capital Berhad, an investment holding company, engages in the property development business in Malaysia. It operates through three segments: Property Development, Trading, and Project Investment and Project Management. The company engages in the trading of heavy machinery and spare parts, and disinfectant products; property investment and management; and asset management activities. It also… Read more