Wellspire Holdings Berhad (0271) - Total Assets
Based on the latest financial reports, Wellspire Holdings Berhad (0271) holds total assets worth RM68.85 Million MYR (≈ $17.29 Million USD) as of September 2024. 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 Wellspire Holdings Berhad cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Wellspire Holdings Berhad - Total Assets Trend (2020–2023)
This chart illustrates how Wellspire Holdings Berhad's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Wellspire Holdings Berhad for net asset value and shareholders' equity analysis.
Wellspire Holdings Berhad - Asset Composition Analysis
Current Asset Composition (December 2023)
Wellspire Holdings Berhad's total assets of RM68.85 Million consist of 97.5% current assets and 2.5% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 58.6% |
| Accounts Receivable | RM19.10 Million | 26.8% |
| Inventory | RM6.13 Million | 8.6% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Wellspire Holdings Berhad'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 Wellspire Holdings Berhad (0271) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wellspire Holdings Berhad's current assets represent 97.5% of total assets in 2023, an increase from 89.1% in 2020.
- Cash Position: Cash and equivalents constituted 58.6% of total assets in 2023, up from 11.5% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 26.8% of total assets.
Wellspire Holdings Berhad Competitors by Total Assets
Key competitors of Wellspire Holdings Berhad based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhe Jiang Dong Ri Ltd Co
SHG:600113
|
China | CN¥3.49 Billion |
|
Hyundai Green Food Co Ltd
KO:005440
|
Korea | ₩10.55 Trillion |
|
The Hydration Pharmaceuticals Company Ltd
AU:HPC
|
Australia | AU$3.93 Million |
|
Metcash Ltd
AU:MTS
|
Australia | AU$7.18 Billion |
|
Greenyard NV
BR:GREEN
|
Belgium | €2.05 Billion |
|
Fountain
BR:FOU
|
Belgium | €17.04 Million |
|
Ceres Global Ag Corp
TO:CRP
|
Canada | CA$295.43 Million |
|
Organto Foods Incorporated
V:OGO
|
Canada | CA$16.27 Million |
Wellspire Holdings Berhad - 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 | 17.48 | 12.71 | 3.86 |
| Quick Ratio | 14.74 | 10.77 | 3.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM63.81 Million | RM60.66 Million | RM28.63 Million |
Wellspire Holdings Berhad - Advanced Valuation Insights
This section examines the relationship between Wellspire Holdings Berhad'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 | 7.26 |
| Latest Market Cap to Assets Ratio | 1.62 |
| Asset Growth Rate (YoY) | 75.6% |
| Total Assets | RM71.32 Million |
| Market Capitalization | $115.32 Million USD |
Valuation Analysis
Above Book Valuation: The market values Wellspire Holdings Berhad's assets above their book value (1.62x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Wellspire Holdings Berhad's assets grew by 75.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wellspire Holdings Berhad (2020–2023)
The table below shows the annual total assets of Wellspire Holdings Berhad from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | RM71.32 Million ≈ $17.91 Million |
+75.55% |
| 2022-12-31 | RM40.63 Million ≈ $10.20 Million |
+23.51% |
| 2021-12-31 | RM32.89 Million ≈ $8.26 Million |
-6.02% |
| 2020-12-31 | RM35.00 Million ≈ $8.79 Million |
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About Wellspire Holdings Berhad
Wellspire Holdings Berhad, an investment holding company, engages in the distribution of consumer-packaged foods in Thailand, Malaysia, and Singapore. It offers snack food products, such as sunflower seeds, as well as other seeds, nuts, and baked and confectionery products; and trades biomass fuel products. The company also provides management consultancy services. It sells its products under the… Read more