TSA (0297) - Total Assets
Based on the latest financial reports, TSA (0297) holds total assets worth RM256.40 Million MYR (≈ $64.37 Million USD) as of November 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. See TSA net assets for net asset value and shareholders' equity analysis.
TSA - Total Assets Trend (2020–2025)
This chart illustrates how TSA's total assets have evolved over time, based on quarterly financial data.
TSA - Asset Composition Analysis
Current Asset Composition (August 2025)
TSA's total assets of RM256.40 Million consist of 75.9% current assets and 24.1% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 9.2% |
| Accounts Receivable | RM57.99 Million | 22.6% |
| Inventory | RM60.80 Million | 23.7% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2020–2025)
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. For live market cap, price, and company overview, see TSA stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TSA's current assets represent 75.9% of total assets in 2025, a decrease from 87.9% in 2020.
- Cash Position: Cash and equivalents constituted 9.2% of total assets in 2025, down 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 23.7% of total assets.
TSA Competitors by Total Assets
Key competitors of TSA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Steel Authority of India Limited
NSE:SAIL
|
India | Rs1.34 Trillion |
|
NMDC Limited
NSE:NMDC
|
India | Rs424.77 Billion |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
|
China | CN¥17.05 Billion |
|
Yongxing Special Stainless Steel Co Ltd
SHE:002756
|
China | CN¥14.39 Billion |
|
CSN Mineração S.A
SA:CMIN3
|
Brazil | R$33.55 Billion |
|
POSCO Holdings Inc
F:PKX
|
Germany | €105.29 Trillion |
|
Shandong Iron and Steel Co Ltd
SHG:600022
|
China | CN¥81.70 Billion |
|
Fushun Special Steel Co Ltd
SHG:600399
|
China | CN¥12.73 Billion |
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 | 3.51 | 2.73 | 2.54 |
| Quick Ratio | 2.41 | 1.82 | 1.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM139.10 Million | RM139.98 Million | RM128.97 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 | 1.46 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -7.5% |
| Total Assets | RM256.40 Million |
| Market Capitalization | $65.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values TSA's assets below their book value (0.26x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TSA's assets decreased by 7.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TSA (2020–2025)
The table below shows the annual total assets of TSA from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | RM256.40 Million ≈ $64.37 Million |
-7.52% |
| 2024-08-31 | RM277.24 Million ≈ $69.61 Million |
+24.32% |
| 2023-08-31 | RM223.01 Million ≈ $55.99 Million |
-7.60% |
| 2022-08-31 | RM241.37 Million ≈ $60.60 Million |
-7.40% |
| 2021-08-31 | RM260.65 Million ≈ $65.44 Million |
+24.35% |
| 2020-08-31 | RM209.61 Million ≈ $52.63 Million |
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About 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