Green Ocean Corporation Bhd
Green Ocean Corporation Berhad, an investment holding company, engages in the distribution and trading of food and beverages products in Malaysia. The company provides storage facilities for warehousing services. It also engages in trading of gloves and other general products. The company was formerly known as Online One Corporation Berhad and changed its name to Green Ocean Corporation Berhad in… Read more
Green Ocean Corporation Bhd (0074) - Total Assets
Latest total assets as of June 2025: RM86.28 Million MYR
Based on the latest financial reports, Green Ocean Corporation Bhd (0074) holds total assets worth RM86.28 Million MYR as of June 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.
Green Ocean Corporation Bhd - Total Assets Trend (2016–2024)
This chart illustrates how Green Ocean Corporation Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Green Ocean Corporation Bhd - Asset Composition Analysis
Current Asset Composition (March 2024)
Green Ocean Corporation Bhd's total assets of RM86.28 Million consist of 93.5% current assets and 6.5% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 2.3% |
| Accounts Receivable | RM4.30 Million | 3.6% |
| Inventory | RM4.58 Million | 3.8% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Green Ocean 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: Green Ocean Corporation Bhd's current assets represent 93.5% of total assets in 2024, an increase from 66.2% in 2016.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2024, up from 0.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 3.8% of total assets.
Green Ocean Corporation Bhd Competitors by Total Assets
Key competitors of Green Ocean Corporation Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Astra Agro Lestari Tbk
JK:AALI
|
Indonesia | Rp30.51 Trillion |
|
CHUWIT FARM (2019) PUBLIC COMPANY LIMITED
BK:CFARM
|
Thailand | ฿883.86 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
Green Ocean 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
Lower asset utilization - Green Ocean Corporation Bhd generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Green Ocean Corporation Bhd is currently not profitable relative to its asset base.
Green Ocean 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 | 4.01 | 9.87 | 0.71 |
| Quick Ratio | 3.73 | 9.55 | 0.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM44.20 Million | RM 103.32 Million | RM -7.74 Million |
Green Ocean Corporation Bhd - Advanced Valuation Insights
This section examines the relationship between Green Ocean 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 | 0.26 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -10.6% |
| Total Assets | RM119.21 Million |
| Market Capitalization | $2.01 Million USD |
Valuation Analysis
Below Book Valuation: The market values Green Ocean Corporation Bhd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Green Ocean Corporation Bhd's assets decreased by 10.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Green Ocean Corporation Bhd (2016–2024)
The table below shows the annual total assets of Green Ocean Corporation Bhd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | RM119.21 Million | -10.59% |
| 2023-03-31 | RM133.33 Million | +12.09% |
| 2022-03-31 | RM118.95 Million | -10.88% |
| 2021-03-31 | RM133.48 Million | +256.25% |
| 2020-03-31 | RM37.47 Million | -33.83% |
| 2019-03-31 | RM56.62 Million | +49.57% |
| 2018-03-31 | RM37.86 Million | -18.36% |
| 2017-03-31 | RM46.37 Million | -20.89% |
| 2016-03-31 | RM58.61 Million | -- |