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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	66.53	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	66.53	62.67	57.91	23.08	13.94	5.21
Cash Growth	10.19%	8.21%	150.93%	65.61%	167.33%	513.19%
Accounts Receivable	42.04	41.88	44.33	57.95	65.88	45.51
Other Receivables	-	0.07	0.05	0.33	0.27	2.02
Receivables	42.04	41.95	44.38	58.28	66.16	47.53
Inventory	2.95	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	111.52	108.6	105.57	88.06	86.18	54.77
Property, Plant & Equipment	3.73	3.49	3.62	3.11	1.91	1.12
Other Long-Term Assets	2.05	2.04	2	1.96	1.18	5.82
Total Assets	117.31	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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	40.46	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	0.38	0.56	0.36	0.34	0.22	0.16
Current Portion of Leases	0.71	0.6	0.57	0.47	0.27	0.07
Current Income Taxes Payable	1.01	0.83	2.29	1.68	0.78	1.03
Current Unearned Revenue	3.89	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	46.46	41.49	47.03	63.94	72.07	48.16
Long-Term Debt	0.34	0.44	0.82	1.18	0.67	0.6
Long-Term Leases	1.25	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	48.21	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	Mar 31, 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	44.99	46.83	37.77	25.85	14.89	11.72
Comprehensive Income & Other	-14.89	-14.89	-14.89	-14.89	-	-
Shareholders' Equity	69.1	70.93	61.88	26.85	15.89	12.72
Total Liabilities & Equity	117.31	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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2.69	2.71	3.08	3.07	10.18	6.75
Net Cash (Debt)	63.84	59.96	54.84	20.01	3.76	-1.54
Net Cash Growth	11.01%	9.35%	174.09%	432.23%	-	-
Net Cash Per Share	0.15	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	65.07	67.1	58.54	24.12	14.11	6.61
Book Value Per Share	0.16	0.16	0.14	0.08	15.89	12.72
Tangible Book Value	69.1	70.93	61.88	26.85	15.89	12.72
Tangible Book Value Per Share	0.16	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: Mar 31, 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 4, 2026

Data Sources Report a data error