World Flex PCL
World Flex Public Company Limited manufactures and sells latex thread products in Thailand. It provides rubber threads coated with talcum and polymer. The company's products are used in various applications, such as sock tops, panty hose tops, orthopedic knit sockings, hosiery, light ribbons, alimentary and medical nettings, loom fabrics and warps, woofs, raschel fabrics, braids, laces, cords, an… Read more
World Flex PCL (WFX) - Total Assets
Latest total assets as of September 2025: ฿2.28 Billion THB
Based on the latest financial reports, World Flex PCL (WFX) holds total assets worth ฿2.28 Billion THB as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
World Flex PCL - Total Assets Trend (2017–2024)
This chart illustrates how World Flex PCL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
World Flex PCL - Asset Composition Analysis
Current Asset Composition (December 2024)
World Flex PCL's total assets of ฿2.28 Billion consist of 25.2% current assets and 74.8% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 0.7% |
| Accounts Receivable | ฿296.35 Million | 12.0% |
| Inventory | ฿224.53 Million | 9.1% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿0.00 | 0.0% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how World Flex PCL's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: World Flex PCL's current assets represent 25.2% of total assets in 2024, a decrease from 33.7% in 2017.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 0.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 12.0% of total assets.
World Flex PCL Competitors by Total Assets
Key competitors of World Flex PCL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Textile Holdings Co Ltd
SHE:000045
|
China | CN¥5.28 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Lu Thai Textile Co Ltd
SHE:000726
|
China | CN¥14.17 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
World Flex PCL - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - World Flex PCL generates 1.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - World Flex PCL is currently not profitable relative to its asset base.
World Flex PCL - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.24 | 1.14 | 0.68 |
| Quick Ratio | 0.70 | 0.59 | 0.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿105.73 Million | ฿ 105.82 Million | ฿ -226.25 Million |
World Flex PCL - Advanced Valuation Insights
This section examines the relationship between World Flex PCL's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.19 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.0% |
| Total Assets | ฿2.46 Billion |
| Market Capitalization | $4.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values World Flex PCL's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: World Flex PCL's assets decreased by 5.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for World Flex PCL (2017–2024)
The table below shows the annual total assets of World Flex PCL from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.46 Billion | -5.04% |
| 2023-12-31 | ฿2.59 Billion | -12.29% |
| 2022-12-31 | ฿2.96 Billion | +0.20% |
| 2021-12-31 | ฿2.95 Billion | +74.93% |
| 2020-12-31 | ฿1.69 Billion | +24.06% |
| 2019-12-31 | ฿1.36 Billion | -5.06% |
| 2018-12-31 | ฿1.43 Billion | +1.13% |
| 2017-12-31 | ฿1.42 Billion | -- |