Thong Guan Industries Bhd Asset Resilience Ratio

Latest as of June 2025: 22.37%

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

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 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
--
pp = percentage points

About Thong Guan Industries Bhd

KLSE:7034 Malaysia Packaging & Containers
Market Cap
$142.27 Million
RM566.65 Million MYR
Market Cap Rank
#17667 Global
#263 in Malaysia
Share Price
RM1.44
Change (1 day)
+0.70%
52-Week Range
RM1.13 - RM1.68
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