Thong Guan Industries Bhd - Asset Resilience Ratio
Thong Guan Industries Bhd (7034) has an Asset Resilience Ratio of 22.37% as of June 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. See Thong Guan Industries Bhd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2024)
This chart shows how Thong Guan Industries Bhd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Thong Guan Industries Bhd total assets.
Liquid Assets Composition Over Time
This chart breaks down Thong Guan Industries Bhd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Thong Guan Industries Bhd strategic investment ratio to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM314.37 Million | 22.37% |
| Short-term Investments | RM0.00 | 0% |
| Total Liquid Assets | RM314.37 Million | 22.37% |
Asset Resilience Insights
- Good Liquidity Position: Thong Guan Industries Bhd maintains a healthy 22.37% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Thong Guan Industries Bhd Industry Peers by Asset Resilience Ratio
Compare Thong Guan Industries Bhd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
PT Primadaya Plastisindo Tbk
JK:PDPP |
Packaging & Containers | 0.00% |
|
SIG Combibloc Group AG
SW:SIGN |
Packaging & Containers | -2.81% |
|
Suzhou Hycan Holdings Co Ltd
SHE:002787 |
Packaging & Containers | 6.94% |
|
ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd
SHG:603976 |
Packaging & Containers | 7.70% |
|
Orora Ltd
AU:ORA |
Packaging & Containers | 5.31% |
|
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522 |
Packaging & Containers | 6.16% |
|
Rongsheng Paper
SHG:603165 |
Packaging & Containers | 58.76% |
|
Great China Metal Industry Co Ltd
TW:9905 |
Packaging & Containers | 29.54% |
Annual Asset Resilience Ratio for Thong Guan Industries Bhd (2013–2024)
The table below shows the annual Asset Resilience Ratio data for Thong Guan Industries Bhd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 9.00% | RM131.67 Million ≈ $33.06 Million |
RM1.46 Billion ≈ $367.27 Million |
+6.07pp |
| 2023-12-31 | 2.93% | RM41.02 Million ≈ $10.30 Million |
RM1.40 Billion ≈ $351.47 Million |
-16.11pp |
| 2022-12-31 | 19.04% | RM248.34 Million ≈ $62.35 Million |
RM1.30 Billion ≈ $327.49 Million |
+21.11pp |
| 2021-12-31 | -2.07% | RM-25.19 Million ≈ $-6.32 Million |
RM1.22 Billion ≈ $305.74 Million |
+0.59pp |
| 2020-12-31 | -2.66% | RM-26.86 Million ≈ $-6.74 Million |
RM1.01 Billion ≈ $253.72 Million |
-1.84pp |
| 2019-12-31 | -0.82% | RM-7.22 Million ≈ $-1.81 Million |
RM881.32 Million ≈ $221.27 Million |
-0.82pp |
| 2018-12-31 | 0.00% | RM30.00K ≈ $7.53K |
RM739.31 Million ≈ $185.62 Million |
-0.41pp |
| 2017-12-31 | 0.42% | RM2.86 Million ≈ $717.05K |
RM685.45 Million ≈ $172.09 Million |
-7.10pp |
| 2016-12-31 | 7.52% | RM46.60 Million ≈ $11.70 Million |
RM619.81 Million ≈ $155.61 Million |
+7.05pp |
| 2015-12-31 | 0.47% | RM2.52 Million ≈ $633.44K |
RM538.43 Million ≈ $135.18 Million |
-0.71pp |
| 2014-12-31 | 1.18% | RM6.47 Million ≈ $1.63 Million |
RM547.74 Million ≈ $137.52 Million |
-1.66pp |
| 2013-12-31 | 2.84% | RM12.70 Million ≈ $3.19 Million |
RM447.53 Million ≈ $112.36 Million |
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About Thong Guan Industries Bhd
Thong Guan Industries Berhad, an investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, other Asian countries, Oceania, Europe, North America, and internationally. The company operates through Plastic Products; and Food, Beverages, and Other Consumable Products segments. Its products include stretch and maxs… Read more