Sin-Kung Logistics Berhad (0305) — Net Asset Quality Index
Sin-Kung Logistics Berhad (0305) has a Net Asset Quality Index of 53.8% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM160.43 Million minus total liabilities of RM74.06 Million yields net assets of RM86.37 Million. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Sin-Kung Logistics Berhad to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Sin-Kung Logistics Berhad Net Asset Quality Index Over Time (2020–2023)
This chart shows how Sin-Kung Logistics Berhad's Net Asset Quality Index has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the index stands at 53.8%, representing net assets of RM86.37 Million against total assets of RM160.43 Million MYR. Explore cash flow conversion of Sin-Kung Logistics Berhad to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Sin-Kung Logistics Berhad (2020–2023)
The table below presents the year-by-year Net Asset Quality Index for Sin-Kung Logistics Berhad from 2020 to 2023, covering 4 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Sin-Kung Logistics Berhad (0305) market capitalisation.
| Year | Quality Index | Net Assets (MYR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 39.8% | RM83.82 Million | RM210.34 Million | RM126.52 Million | ▼ -8.9 pp |
| 2022 | 48.7% | RM53.87 Million | RM110.61 Million | RM56.74 Million | ▲ +3.2 pp |
| 2021 | 45.5% | RM42.33 Million | RM93.05 Million | RM50.72 Million | ▲ +13.1 pp |
| 2020 | 32.4% | RM27.71 Million | RM85.65 Million | RM57.94 Million | — |