IFCA MSC Bhd (0023) - Total Assets
Based on the latest financial reports, IFCA MSC Bhd (0023) holds total assets worth RM152.15 Million MYR (≈ $38.20 Million USD) as of March 2026. 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. Check IFCA MSC Bhd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
IFCA MSC Bhd - Total Assets Trend (2015–2025)
This chart illustrates how IFCA MSC Bhd's total assets have evolved over time, based on quarterly financial data. Check 0023 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
IFCA MSC Bhd - Asset Composition Analysis
Current Asset Composition (December 2025)
IFCA MSC Bhd's total assets of RM152.15 Million consist of 58.8% current assets and 41.2% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 18.8% |
| Accounts Receivable | RM16.50 Million | 10.6% |
| Inventory | RM179.02K | 0.1% |
| Property, Plant & Equipment | RM8.73 Million | 5.6% |
| Intangible Assets | RM16.76 Million | 10.8% |
| Goodwill | RM25.11 Million | 16.2% |
Asset Composition Trend (2015–2025)
This chart illustrates how IFCA MSC 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. For live market cap, price, and company overview, see 0023 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: IFCA MSC Bhd's current assets represent 58.8% of total assets in 2025, a decrease from 75.6% in 2015.
- Cash Position: Cash and equivalents constituted 18.8% of total assets in 2025, up from 0.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 26.0% of total assets, an increase from 16.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 16.2% of total assets.
IFCA MSC Bhd Competitors by Total Assets
Key competitors of IFCA MSC Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Intellifusion Technologies Co. Ltd. A
SHG:688343
|
China | CN¥5.58 Billion |
|
Navan, Inc. Class A Common Stock
NASDAQ:NAVN
|
USA | $1.71 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥15.06 Billion |
|
Navinfo Co Ltd
SHE:002405
|
China | CN¥11.74 Billion |
|
Beijing Topnew Info And Tech Co Ltd
SHE:300895
|
China | CN¥948.32 Million |
|
Anhui Wantong Technology Co Ltd
SHE:002331
|
China | CN¥3.12 Billion |
|
Shandong Shanda Oumasoft CO.LTD.
SHE:301185
|
China | CN¥1.13 Billion |
|
Shoper S.A.
WAR:SHO
|
Poland | zł141.73 Million |
IFCA MSC 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 | 3.24 | 3.04 | 3.84 |
| Quick Ratio | 3.24 | 3.03 | 3.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM61.69 Million | RM62.73 Million | RM72.37 Million |
IFCA MSC Bhd - Advanced Valuation Insights
This section examines the relationship between IFCA MSC 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 | 1.04 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | -6.3% |
| Total Assets | RM155.10 Million |
| Market Capitalization | $32.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values IFCA MSC Bhd's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: IFCA MSC Bhd's assets decreased by 6.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for IFCA MSC Bhd (2015–2025)
The table below shows the annual total assets of IFCA MSC Bhd from 2015 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | RM155.10 Million ≈ $38.94 Million |
-6.29% |
| 2024-12-31 | RM165.52 Million ≈ $41.56 Million |
+6.24% |
| 2023-12-31 | RM155.80 Million ≈ $39.12 Million |
+4.69% |
| 2022-12-31 | RM148.82 Million ≈ $37.36 Million |
-7.38% |
| 2021-12-31 | RM160.69 Million ≈ $40.34 Million |
+9.18% |
| 2020-12-31 | RM147.18 Million ≈ $36.95 Million |
+4.65% |
| 2019-12-31 | RM140.63 Million ≈ $35.31 Million |
-3.84% |
| 2018-12-31 | RM146.25 Million ≈ $36.72 Million |
+1.10% |
| 2017-12-31 | RM144.66 Million ≈ $36.32 Million |
+1.67% |
| 2016-12-31 | RM142.28 Million ≈ $35.72 Million |
+17.77% |
| 2015-12-31 | RM120.80 Million ≈ $30.33 Million |
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About IFCA MSC Bhd
IFCA MSC Berhad, a business software solution company, engages in the research and development of enterprise-wide business solutions in Malaysia, China, Indonesia, and internationally. It operates in three segments: Software Applications and Royalty Income; Hardware, Networking and Operating Systems; and Maintenance, Support System, Training and Implementation Services. The company offers E-Invoi… Read more