Thong Guan Industries Bhd - Asset Resilience Ratio

Latest as of June 2025: 22.37%

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. Read Thong Guan Industries Bhd (7034) financial obligations for a breakdown of total debt and financial obligations.

Liquid Assets

RM314.37 Million
≈ $78.93 Million USD Cash + Short-term Investments

Total Assets

RM1.41 Billion
≈ $352.86 Million USD All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio Trend (2013–2024)

This chart shows how Thong Guan Industries Bhd's Asset Resilience Ratio has changed over time. See Thong Guan Industries Bhd (7034) net assets for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see Thong Guan Industries Bhd market capitalisation.

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
Jiamei Food Packaging Chuzhou Co
SHE:002969
Packaging & Containers 3.73%
Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A
SHG:603499
Packaging & Containers 0.81%
Karat Packaging Inc
NASDAQ:KRT
Packaging & Containers 6.59%
Tailim Packaging Co Ltd
KO:011280
Packaging & Containers 1.16%
Kumbi Corporation
KO:008870
Packaging & Containers 0.41%
Hindusthan National Glass & Industries Limited
NSE:HINDNATGLS
Packaging & Containers 20.99%
Pelangi Indah Canindo Tbk
JK:PICO
Packaging & Containers 0.45%
E. Pairis S.A
AT:PAIR
Packaging & Containers 1.90%

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
--
pp = percentage points

About Thong Guan Industries Bhd

KLSE:7034 Malaysia Packaging & Containers
Market Cap
$155.11 Million
RM617.80 Million MYR
Market Cap Rank
#17637 Global
#252 in Malaysia
Share Price
RM1.57
Change (1 day)
-3.09%
52-Week Range
RM1.05 - RM1.65
All Time High
RM2.97
About

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