White Horse Bhd

KLSE:5009 Malaysia Building Materials
Market Cap
$24.48 Million
RM110.26 Million MYR
Market Cap Rank
#29064 Global
#559 in Malaysia
Share Price
RM0.50
Change (1 day)
+4.17%
52-Week Range
RM0.48 - RM0.91
All Time High
RM2.05
About

White Horse Berhad, an investment holding company, engages in the manufacture and distribution of ceramic and homogeneous tiles in Malaysia, Vietnam, Indonesia, the Philippines, Singapore, Thailand, and China. The company offers ceramic floor and wall, ceramic wall, décor, glazed polished, polished porcelain, and porcelain tiles, as well as related support services activities incidental to transp… Read more

White Horse Bhd - Asset Resilience Ratio

Latest as of September 2025: 15.05%

White Horse Bhd (5009) has an Asset Resilience Ratio of 15.05% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
RM105.19 Million
Cash + Short-term Investments
Total Assets
RM698.69 Million
All company assets
Resilience Assessment
Good
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2024)

This chart shows how White Horse Bhd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down White Horse Bhd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents RM0.00 0%
Short-term Investments RM105.19 Million 15.05%
Total Liquid Assets RM105.19 Million 15.05%

Asset Resilience Insights

  • Good Liquidity Position: White Horse Bhd maintains a healthy 15.05% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company has significant short-term investments, indicating active treasury management.

White Horse Bhd Industry Peers by Asset Resilience Ratio

Compare White Horse Bhd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
CSG Holding Co Ltd
SHE:000012
Building Materials 0.32%
Tangshan Jidong Cement Co Ltd
SHE:000401
Building Materials -2.39%
Chosun Refractories Co Ltd
KO:000480
Building Materials 6.76%
Gansu Shangfeng Cement Co Ltd
SHE:000672
Building Materials 9.72%
Jiangxi Wannianqing Cement Co Ltd
SHE:000789
Building Materials 0.00%
Xinjiang Tianshan Cement Co Ltd
SHE:000877
Building Materials 0.37%
Sinostone Guangdong Co Ltd
SHE:001212
Building Materials 34.10%
Tongyang Inc
KO:001525
Building Materials 1.81%

Annual Asset Resilience Ratio for White Horse Bhd (2016–2024)

The table below shows the annual Asset Resilience Ratio data for White Horse Bhd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 15.54% RM111.84 Million RM719.79 Million +0.78pp
2023-12-31 14.76% RM110.52 Million RM748.84 Million +3.46pp
2022-12-31 11.30% RM86.24 Million RM763.50 Million +5.36pp
2021-12-31 5.94% RM44.90 Million RM756.53 Million +0.10pp
2020-12-31 5.84% RM49.68 Million RM851.27 Million +0.89pp
2019-12-31 4.94% RM46.80 Million RM946.85 Million +3.17pp
2018-12-31 1.77% RM18.53 Million RM1.05 Billion +1.67pp
2017-12-31 0.10% RM1.09 Million RM1.11 Billion -0.07pp
2016-12-31 0.17% RM2.08 Million RM1.21 Billion --
pp = percentage points