Tex Cycle Technology M Bhd (0089) - Total Assets
Based on the latest financial reports, Tex Cycle Technology M Bhd (0089) holds total assets worth RM299.17 Million MYR (≈ $75.11 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. Explore Tex Cycle Technology M Bhd debt service capacity to assess how comfortably operating cash covers total debt obligations.
Tex Cycle Technology M Bhd - Total Assets Trend (2016–2025)
This chart illustrates how Tex Cycle Technology M Bhd's total assets have evolved over time, based on quarterly financial data. See 0089 net asset value for net asset value and shareholders' equity analysis.
Tex Cycle Technology M Bhd - Asset Composition Analysis
Current Asset Composition (December 2025)
Tex Cycle Technology M Bhd's total assets of RM299.17 Million consist of 17.9% current assets and 82.1% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM7.66 Million | 2.6% |
| Accounts Receivable | RM13.56 Million | 4.6% |
| Inventory | RM13.11 Million | 4.5% |
| Property, Plant & Equipment | RM162.38 Million | 55.1% |
| Intangible Assets | RM2.21 Million | 0.8% |
| Goodwill | RM1.60 Million | 0.5% |
Asset Composition Trend (2016–2025)
This chart illustrates how Tex Cycle Technology M 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 0089 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tex Cycle Technology M Bhd's current assets represent 17.9% of total assets in 2025, a decrease from 29.1% in 2016.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2025, down from 6.1% 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 property, plant & equipment at 55.1% of total assets.
Tex Cycle Technology M Bhd Competitors by Total Assets
Key competitors of Tex Cycle Technology M Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Intco Recycling Resources Co Ltd
SHG:688087
|
China | CN¥7.46 Billion |
|
Beijing ZEHO Waterfront Ecological Environment Treatment Co Ltd
SHG:605069
|
China | CN¥3.30 Billion |
|
Tongxing Environmental Protection
SHE:003027
|
China | CN¥2.44 Billion |
|
Qingyan Environmental Technology Co. Ltd.
SHE:301288
|
China | CN¥1.03 Billion |
|
Zhejiang Zone King Environmental Sci&Tech Co Ltd
SHG:688701
|
China | CN¥497.22 Million |
|
E& Corporation CO. LTD
KQ:066980
|
Korea | ₩162.16 Billion |
|
Vitreous Glass Inc
V:VCI
|
Canada | CA$6.80 Million |
|
Northstar Clean Technologies Inc
V:ROOF
|
Canada | CA$46.83 Million |
Tex Cycle Technology M 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 | 3.37 | 3.01 | 12.17 |
| Quick Ratio | 2.91 | 2.97 | 12.10 |
| Cash Ratio | 0.00 | 0.28 | 0.00 |
| Working Capital | RM69.81 Million | RM27.36 Million | RM30.40 Million |
Tex Cycle Technology M Bhd - Advanced Valuation Insights
This section examines the relationship between Tex Cycle Technology M 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 | 1.37 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | 25.1% |
| Total Assets | RM294.49 Million |
| Market Capitalization | $66.61 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tex Cycle Technology M Bhd's assets below their book value (0.23x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tex Cycle Technology M Bhd's assets grew by 25.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tex Cycle Technology M Bhd (2016–2025)
The table below shows the annual total assets of Tex Cycle Technology M Bhd from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | RM294.49 Million ≈ $73.94 Million |
+25.07% |
| 2024-12-31 | RM235.45 Million ≈ $59.11 Million |
+31.63% |
| 2023-12-31 | RM178.88 Million ≈ $44.91 Million |
+11.09% |
| 2022-12-31 | RM161.02 Million ≈ $40.43 Million |
+23.74% |
| 2021-12-31 | RM130.13 Million ≈ $32.67 Million |
+5.79% |
| 2020-12-31 | RM123.00 Million ≈ $30.88 Million |
+1.09% |
| 2019-12-31 | RM121.68 Million ≈ $30.55 Million |
+1.43% |
| 2018-12-31 | RM119.96 Million ≈ $30.12 Million |
+5.46% |
| 2017-12-31 | RM113.75 Million ≈ $28.56 Million |
+23.27% |
| 2016-12-31 | RM92.28 Million ≈ $23.17 Million |
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About Tex Cycle Technology M Bhd
Tex Cycle Technology (M) Berhad, an investment holding company, engages in the recovery and recycling of scheduled waste in Malaysia. It operates through Investment Holding, Recovery and Recycling Services, Rental of Investment Property, Trading, Renewable Energy, and Others segments. The company manufactures and trade chemical products; rents investment properties; and recycled products. It also… Read more