Ocean Vantage Holdings Bhd
Ocean Vantage Holdings Berhad, an investment holding company, provides integrated support services for the upstream and downstream of the oil and gas industry in Malaysia and internationally. The company offers engineering, procurement, and construction, as well as project management, investment, and operation services; supplies manpower, materials, tools, and equipment; and provides drilling rig… Read more
Ocean Vantage Holdings Bhd (0220) - Total Assets
Latest total assets as of September 2025: RM108.28 Million MYR
Based on the latest financial reports, Ocean Vantage Holdings Bhd (0220) holds total assets worth RM108.28 Million MYR 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.
Ocean Vantage Holdings Bhd - Total Assets Trend (2016–2024)
This chart illustrates how Ocean Vantage Holdings Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ocean Vantage Holdings Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ocean Vantage Holdings Bhd's total assets of RM108.28 Million consist of 86.1% current assets and 13.9% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 42.7% |
| Accounts Receivable | RM40.30 Million | 27.8% |
| Inventory | RM358.44K | 0.3% |
| 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 Ocean Vantage Holdings 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: Ocean Vantage Holdings Bhd's current assets represent 86.1% of total assets in 2024, a decrease from 91.1% in 2016.
- Cash Position: Cash and equivalents constituted 42.7% of total assets in 2024, up from 0.9% 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 accounts receivable at 27.8% of total assets.
Ocean Vantage Holdings Bhd Competitors by Total Assets
Key competitors of Ocean Vantage Holdings Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
|
Lanzhou Haimo Technologies Co
SHE:300084
|
China | CN¥2.02 Billion |
Ocean Vantage Holdings 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
Strong asset utilization - Ocean Vantage Holdings Bhd generates 0.85x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Ocean Vantage Holdings Bhd generates $ 4.39 in net profit.
Ocean Vantage Holdings 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 | 2.83 | 1.80 | 7.94 |
| Quick Ratio | 2.82 | 1.79 | 7.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM62.69 Million | RM 37.41 Million | RM 43.70 Million |
Ocean Vantage Holdings Bhd - Advanced Valuation Insights
This section examines the relationship between Ocean Vantage Holdings 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 | 1.14 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 21.3% |
| Total Assets | RM144.95 Million |
| Market Capitalization | $6.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ocean Vantage Holdings Bhd's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ocean Vantage Holdings Bhd's assets grew by 21.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ocean Vantage Holdings Bhd (2016–2024)
The table below shows the annual total assets of Ocean Vantage Holdings Bhd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM144.95 Million | +21.31% |
| 2023-12-31 | RM119.49 Million | +21.97% |
| 2022-12-31 | RM97.97 Million | +28.38% |
| 2021-12-31 | RM76.31 Million | +31.71% |
| 2020-12-31 | RM57.94 Million | +101.19% |
| 2019-12-31 | RM28.80 Million | +34.91% |
| 2018-12-31 | RM21.35 Million | +15.47% |
| 2017-12-31 | RM18.49 Million | -68.11% |
| 2016-12-31 | RM57.98 Million | -- |