Thong Guan Industries Bhd Asset Resilience Ratio
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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Thong Guan Industries Bhd (2013–2024)
Asset resilience ratio of Thong Guan Industries Bhd from 2013 to 2024. This chart shows how Thong Guan Industries Bhd's Asset Resilience Ratio has changed over time. Read Thong Guan Industries Bhd (7034) total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see 7034 current and non-current assets.
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 |
|---|---|---|
|
Ardagh Metal Packaging SA
NYSE:AMBP |
Packaging & Containers | 1.94% |
|
Jindal Poly Films Limited
NSE:JINDALPOLY |
Packaging & Containers | 30.30% |
|
Mold-Tek Packaging Limited
NSE:MOLDTKPAC |
Packaging & Containers | 1.06% |
|
Dae Young Pkg
KO:014160 |
Packaging & Containers | 0.08% |
|
Kingcan Holdings Ltd
TW:8411 |
Packaging & Containers | 0.23% |
|
Kedawung Setia Industrial Tbk
JK:KDSI |
Packaging & Containers | 0.16% |
|
PT Primadaya Plastisindo Tbk
JK:PDPP |
Packaging & Containers | 0.00% |
|
Thai Coating Industrial Public Company Limited
BK:TCOAT |
Packaging & Containers | 18.11% |
Thong Guan Industries Bhd Asset Resilience Ratio by Year (2013–2024)
Thong Guan Industries Bhd asset resilience ratio by year from 2013 to 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