WF Holding Limited Ordinary Shares (WFF) - Net Assets
Based on the latest financial reports, WF Holding Limited Ordinary Shares (WFF) has net assets worth $4.75 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.39 Million) and total liabilities ($6.64 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of WF Holding Limited Ordinary Shares to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.75 Million |
| % of Total Assets | 41.71% |
| Annual Growth Rate | 39.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.41 |
WF Holding Limited Ordinary Shares - Net Assets Trend (2021–2025)
This chart illustrates how WF Holding Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. See WFF cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for WF Holding Limited Ordinary Shares (2021–2025)
The table below shows the annual net assets of WF Holding Limited Ordinary Shares from 2021 to 2025. For live valuation and market cap data, see WFF market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.75 Million | +73.09% |
| 2024-12-31 | $2.74 Million | +7.31% |
| 2023-12-31 | $2.56 Million | +18.39% |
| 2022-12-31 | $2.16 Million | +73.23% |
| 2021-12-31 | $1.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WF Holding Limited Ordinary Shares's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 275.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.26K | 0.03% |
| Other Comprehensive Income | $232.06K | 4.88% |
| Other Components | $6.55 Million | 137.82% |
| Total Equity | $4.75 Million | 100.00% |
WF Holding Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of WF Holding Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banka BioLoo Limited
NSE:BANKA
|
$10.28 Million |
|
Synertec Corporation Ltd
AU:SOP
|
$10.29 Million |
|
TALKPOOL AG SF-05
F:TKPL
|
$10.29 Million |
|
Wolfden Resources Corporation
V:WLF
|
$10.30 Million |
|
Baltic Classifieds Group PLC
LSE:BCG
|
$10.28 Million |
|
LEADING HOLDINGS DL-01
F:88Z
|
$10.27 Million |
|
Qwamplify SA
PA:ALQWA
|
$10.27 Million |
|
Hanson International Tbk
JK:MYRX
|
$10.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WF Holding Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,744,490 to 4,750,648, a change of 2,006,158 (73.1%).
- Net loss of 4,769,726 reduced equity.
- New share issuances of 8,960,000 increased equity.
- Other comprehensive income increased equity by 313,257.
- Other factors decreased equity by 2,497,373.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.77 Million | -100.4% |
| Share Issuances | $8.96 Million | +188.61% |
| Other Comprehensive Income | $313.26K | +6.59% |
| Other Changes | $-2.50 Million | -52.57% |
| Total Change | $- | 73.10% |
Book Value vs Market Value Analysis
This analysis compares WF Holding Limited Ordinary Shares's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.12x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.76x to 3.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.25 | $2.94 | x |
| 2022-12-31 | $0.43 | $2.94 | x |
| 2023-12-31 | $0.51 | $2.94 | x |
| 2024-12-31 | $0.55 | $2.94 | x |
| 2025-12-31 | $0.94 | $2.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WF Holding Limited Ordinary Shares utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -100.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.42%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.40x
- Recent ROE (-100.40%) is below the historical average (-6.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -2.17% | -0.47% | 1.26x | 3.69x | $-151.72K |
| 2022 | 45.31% | 19.70% | 1.03x | 2.23x | $762.78K |
| 2023 | 19.21% | 8.57% | 1.07x | 2.10x | $235.64K |
| 2024 | 4.07% | 2.44% | 0.74x | 2.26x | $-162.85K |
| 2025 | -100.40% | -64.42% | 0.65x | 2.40x | $-5.24 Million |
Industry Comparison
This section compares WF Holding Limited Ordinary Shares's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $818,144,197
- Average return on equity (ROE) among peers: 4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WF Holding Limited Ordinary Shares (WFF) | $4.75 Million | -2.17% | 1.40x | $10.28 Million |
| Ametek Inc (AME) | $4.24 Billion | 18.34% | 1.04x | $53.06 Billion |
| American Superconductor Corporation (AMSC) | $208.45 Million | -12.21% | 0.25x | $1.88 Billion |
| Smith AO Corporation (AOS) | $757.80 Million | 11.64% | 1.45x | $6.56 Billion |
| ATS Corporation (ATS) | $1.13 Billion | 11.27% | 2.13x | $2.75 Billion |
| Babcock & Wilcox Enterprises Inc (BW) | $-131.60 Million | 0.00% | 0.00x | $2.36 Billion |
| Broadwind Energy Inc (BWEN) | $40.66 Million | -3.66% | 1.94x | $50.81 Million |
| Clean Energy Technologies, Inc. Common Stock (CETY) | $284.97K | -40.84% | 5.01x | $9.49 Million |
| Cummins Inc (CMI) | $821.10 Million | 21.57% | 1.91x | $93.77 Billion |
| Crane Company (CR) | $568.10 Million | 20.17% | 1.07x | $10.47 Billion |
| CSW Industrials, Inc. (CSW) | $544.14 Million | 17.72% | 0.92x | $4.86 Billion |
About WF Holding Limited Ordinary Shares
WF Holding Limited, through its subsidiary, Win-Fung Fibreglass Sdn. Bhd, manufactures and supplies fiberglass reinforced plastic (FRP) products in Malaysia, Singapore, Australia, China, and the South Asia region. The company offers filament wound and molded tanks; thermoplastic tanks; lining products; ducting and fitting products; air pollution control equipment, such as scrubbers, filters, adso… Read more