TSA
TSA Group Berhad, an investment holding company, engages in the distribution and supply of ferrous and non-ferrous metal, and other industrial hardware products in Malaysia, Singapore, Bangladesh, Thailand, Indonesia, and internationally. It offers stainless steel ornamental round tubes, square and rectangular tubes, stainless steel 304 twisted tubes/pipes, stainless steel water pipes, and stainl… Read more
TSA (0297) - Total Assets
Latest total assets as of August 2025: RM278.50 Million MYR
Based on the latest financial reports, TSA (0297) holds total assets worth RM278.50 Million MYR as of August 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.
TSA - Total Assets Trend (2020–2024)
This chart illustrates how TSA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TSA - Asset Composition Analysis
Current Asset Composition (August 2024)
TSA's total assets of RM278.50 Million consist of 79.7% current assets and 20.3% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 18.2% |
| Accounts Receivable | RM66.42 Million | 24.0% |
| Inventory | RM73.13 Million | 26.4% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how TSA'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: TSA's current assets represent 79.7% of total assets in 2024, a decrease from 87.9% in 2020.
- Cash Position: Cash and equivalents constituted 18.2% of total assets in 2024, up from 17.9% 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 inventory at 26.4% of total assets.
TSA Competitors by Total Assets
Key competitors of TSA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
TSA - 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 - TSA generates 1.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, TSA generates $6.31 in net profit.
TSA - 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 | 2.88 | 2.80 | 2.54 |
| Quick Ratio | 1.82 | 1.74 | 1.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM142.07 Million | RM 152.19 Million | RM 128.97 Million |
TSA - Advanced Valuation Insights
This section examines the relationship between TSA'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 | 1.40 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 24.3% |
| Total Assets | RM277.24 Million |
| Market Capitalization | $3.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values TSA's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: TSA's assets grew by 24.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TSA (2020–2024)
The table below shows the annual total assets of TSA from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-08-31 | RM277.24 Million | +24.32% |
| 2023-08-31 | RM223.01 Million | -7.60% |
| 2022-08-31 | RM241.37 Million | -7.40% |
| 2021-08-31 | RM260.65 Million | +24.35% |
| 2020-08-31 | RM209.61 Million | -- |