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