HE Group Berhad (KLSE:HEGROUP)

HE Group Berhad Balance Sheet

Financials in millions MYR. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	56.56	62.29	57.74	22.92	13.77	4.98
Short-Term Investments	-	0.38	0.18	0.16	0.16	0.23
Cash & Short-Term Investments	56.56	62.67	57.91	23.08	13.94	5.21
Cash Growth	-2.71%	8.21%	150.93%	65.61%	167.33%	513.19%
Accounts Receivable	58.44	41.88	44.33	57.95	65.88	45.51
Other Receivables	-	0.07	0.05	0.33	0.27	2.02
Receivables	58.44	41.95	44.38	58.28	66.16	47.53
Inventory	2.79	3.12	2.61	1.94	0.72	0.43
Prepaid Expenses	-	0.32	0.32	0.05	0.01	-
Other Current Assets	-	0.53	0.34	4.71	5.34	1.59
Total Current Assets	117.8	108.6	105.57	88.06	86.18	54.77
Property, Plant & Equipment	5.1	3.49	3.62	3.11	1.91	1.12
Other Long-Term Assets	2.06	2.04	2	1.96	1.18	5.82
Total Assets	124.96	114.14	111.19	93.13	89.27	61.71

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	43.16	35.54	26.84	30.05	38.63	39.65
Accrued Expenses	-	2.39	1.32	1.17	1.02	0.83
Short-Term Debt	-	-	-	-	8.52	5.83
Current Portion of Long-Term Debt	0.39	0.56	0.36	0.34	0.22	0.16
Current Portion of Leases	1.13	0.6	0.57	0.47	0.27	0.07
Current Income Taxes Payable	2.01	0.83	2.29	1.68	0.78	1.03
Current Unearned Revenue	1.54	1.38	15.58	29.54	21.98	0.54
Other Current Liabilities	-	0.19	0.06	0.69	0.65	0.05
Total Current Liabilities	48.22	41.49	47.03	63.94	72.07	48.16
Long-Term Debt	0.24	0.44	0.82	1.18	0.67	0.6
Long-Term Leases	2.13	1.11	1.33	1.08	0.5	0.09
Long-Term Deferred Tax Liabilities	0.16	0.16	0.13	0.09	0.13	0.14
Total Liabilities	50.76	43.2	49.31	66.28	73.38	48.99

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	39	39	39	15.89	1	1
Retained Earnings	50.09	46.83	37.77	25.85	14.89	11.72
Comprehensive Income & Other	-14.89	-14.89	-14.89	-14.89	-	-
Shareholders' Equity	74.2	70.93	61.88	26.85	15.89	12.72
Total Liabilities & Equity	124.96	114.14	111.19	93.13	89.27	61.71

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	3.89	2.71	3.08	3.07	10.18	6.75
Net Cash (Debt)	52.67	59.96	54.84	20.01	3.76	-1.54
Net Cash Growth	-5.12%	9.35%	174.09%	432.23%	-	-
Net Cash Per Share	0.12	0.14	0.13	0.06	0.01	-1.54
Filing Date Shares Outstanding	440	440	440	440	1	1
Total Common Shares Outstanding	440	440	440	353.11	1	1
Working Capital	69.57	67.1	58.54	24.12	14.11	6.61
Book Value Per Share	0.17	0.16	0.14	0.08	15.89	12.72
Tangible Book Value	74.2	70.93	61.88	26.85	15.89	12.72
Tangible Book Value Per Share	0.17	0.16	0.14	0.08	15.89	12.72
Buildings	-	1.71	1.81	1.58	0.53	0.09
Machinery	-	3.92	3.41	2.88	2.38	1.98

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 25, 2026

Data Sources Report a data error