IRIS Corporation Bhd
IRIS Corporation Berhad provides technology consulting solutions in Malaysia, Asia, Oceania, Africa, and North America. It operates through the Trusted Identification and Sustainable Development and Other segments. The Trusted Identification segment offers e-passports, e-identification cards, banking cards, transportation and other related trusted identification's devices, equipment, and services… Read more
IRIS Corporation Bhd (0010) - Total Assets
Latest total assets as of December 2025: RM619.16 Million MYR
Based on the latest financial reports, IRIS Corporation Bhd (0010) holds total assets worth RM619.16 Million MYR as of December 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.
IRIS Corporation Bhd - Total Assets Trend (2006–2024)
This chart illustrates how IRIS Corporation Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
IRIS Corporation Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
IRIS Corporation Bhd's total assets of RM619.16 Million consist of 72.0% current assets and 28.0% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 22.3% |
| Accounts Receivable | RM247.86 Million | 41.1% |
| Inventory | RM16.75 Million | 2.8% |
| Property, Plant & Equipment | RM76.44 Million | 12.7% |
| Intangible Assets | RM247.86 Million | 41.1% |
| Goodwill | RM88.00 Million | 14.6% |
Asset Composition Trend (2006–2024)
This chart illustrates how IRIS Corporation Bhd'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: IRIS Corporation Bhd's current assets represent 72.0% of total assets in 2024, an increase from 48.6% in 2006.
- Cash Position: Cash and equivalents constituted 22.3% of total assets in 2024, up from 6.5% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 55.0% of total assets, an increase from 27.0% in 2006.
- Asset Diversification: The largest asset category is intangible assets at 41.1% of total assets.
IRIS Corporation Bhd Competitors by Total Assets
Key competitors of IRIS Corporation Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
China | CN¥6.73 Billion |
|
Guangzhou KingTeller Technology Co Ltd
SHE:002177
|
China | CN¥1.73 Billion |
|
Guangbo Group Stock Co Ltd
SHE:002103
|
China | CN¥2.20 Billion |
|
Hengbao Co Ltd
SHE:002104
|
China | CN¥2.39 Billion |
|
GRG Banking Equipment Co Ltd
SHE:002152
|
China | CN¥29.10 Billion |
|
Shenzhen Comix Group Co Ltd
SHE:002301
|
China | CN¥8.56 Billion |
|
Shandong New Beiyang Information Technology Co Ltd
SHE:002376
|
China | CN¥5.77 Billion |
|
Suzhou Goldengreen Technologies Ltd
SHE:002808
|
China | CN¥556.28 Million |
IRIS Corporation Bhd - 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
Moderate asset utilization - IRIS Corporation Bhd generates 0.62x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, IRIS Corporation Bhd generates $5.35 in net profit.
IRIS Corporation Bhd - 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 | 2.10 | 1.99 | 1.53 |
| Quick Ratio | 2.03 | 1.91 | 1.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM237.42 Million | RM 219.99 Million | RM 81.40 Million |
IRIS Corporation Bhd - Advanced Valuation Insights
This section examines the relationship between IRIS Corporation Bhd'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 | 0.39 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -5.1% |
| Total Assets | RM602.79 Million |
| Market Capitalization | $18.60 Million USD |
Valuation Analysis
Below Book Valuation: The market values IRIS Corporation Bhd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: IRIS Corporation Bhd's assets decreased by 5.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for IRIS Corporation Bhd (2006–2024)
The table below shows the annual total assets of IRIS Corporation Bhd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM602.79 Million | -5.12% |
| 2023-12-31 | RM635.29 Million | +20.20% |
| 2022-12-31 | RM528.52 Million | +3.83% |
| 2021-12-31 | RM509.01 Million | +8.88% |
| 2020-12-31 | RM467.49 Million | -4.19% |
| 2019-12-31 | RM487.93 Million | -5.38% |
| 2018-12-31 | RM515.66 Million | -6.23% |
| 2017-12-31 | RM549.90 Million | -28.37% |
| 2016-12-31 | RM767.68 Million | -28.69% |
| 2015-12-31 | RM1.08 Billion | -18.55% |
| 2014-12-31 | RM1.32 Billion | +1.17% |
| 2013-12-31 | RM1.31 Billion | +19.65% |
| 2012-12-31 | RM1.09 Billion | +38.83% |
| 2011-12-31 | RM786.57 Million | +13.29% |
| 2010-12-31 | RM694.30 Million | +24.49% |
| 2009-12-31 | RM557.74 Million | -4.55% |
| 2008-12-31 | RM584.31 Million | +7.55% |
| 2007-12-31 | RM543.32 Million | 0.00% |
| 2006-12-31 | RM543.33 Million | -- |