Sin-Kung Logistics Berhad
Sin-Kung Logistics Berhad, an integrated logistics service provider, provides trucking services with a focus on airport-to-airport road feeder services. The company offers container haulage, warehousing and distribution, and other logistics-related services; and brokerage and forwarding services, and express delivery services, as well as cargo escort services. It operates in Malaysia, Singapore, … Read more
Sin-Kung Logistics Berhad (0305) - Total Assets
Latest total assets as of September 2024: RM160.43 Million MYR
Based on the latest financial reports, Sin-Kung Logistics Berhad (0305) holds total assets worth RM160.43 Million MYR 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.
Sin-Kung Logistics Berhad - Total Assets Trend (2020–2023)
This chart illustrates how Sin-Kung Logistics Berhad’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sin-Kung Logistics Berhad - Asset Composition Analysis
Current Asset Composition (December 2023)
Sin-Kung Logistics Berhad's total assets of RM160.43 Million consist of 14.0% current assets and 86.0% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 6.9% |
| Accounts Receivable | RM7.99 Million | 3.8% |
| Inventory | RM2.92 Million | 1.4% |
| 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 Sin-Kung Logistics 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sin-Kung Logistics Berhad's current assets represent 14.0% of total assets in 2023, a decrease from 17.7% in 2020.
- Cash Position: Cash and equivalents constituted 6.9% of total assets in 2023, up from 6.6% 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 3.8% of total assets.
Sin-Kung Logistics Berhad Competitors by Total Assets
Key competitors of Sin-Kung Logistics Berhad based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JB Hunt Transport Services Inc
NASDAQ:JBHT
|
USA | $7.93 Billion |
|
JD Logistics Inc
PINK:JDLGF
|
USA | $118.91 Billion |
|
Jet Freight Logistics Limited
NSE:JETFREIGHT
|
India | ₹1.72 Billion |
|
Jetpak Top Holding AB
ST:JETPAK
|
Sweden | Skr1.35 Billion |
|
JSL S.A
SA:JSLG3
|
Brazil | R$12.46 Billion |
|
Jayud Global Logistics Limited Class A Ordinary Shares
NASDAQ:JYD
|
USA | $184.37 Million |
|
Kalmar
HE:KALMAR
|
Finland | €1.75 Billion |
|
Kuehne + Nagel International AG
PINK:KHNGF
|
USA | $11.83 Billion |
Sin-Kung Logistics Berhad - 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
Lower asset utilization - Sin-Kung Logistics Berhad generates 0.25x 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, Sin-Kung Logistics Berhad generates $ 3.05 in net profit.
Sin-Kung Logistics 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 | 3.62 | 3.88 | - |
| Quick Ratio | 3.35 | 3.65 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | RM28.84 Million | RM 36.26 Million | - |
Sin-Kung Logistics Berhad - Advanced Valuation Insights
This section examines the relationship between Sin-Kung Logistics 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 | 1.43 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 90.2% |
| Total Assets | RM210.34 Million |
| Market Capitalization | $2.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sin-Kung Logistics Berhad's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sin-Kung Logistics Berhad's assets grew by 90.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sin-Kung Logistics Berhad (2020–2023)
The table below shows the annual total assets of Sin-Kung Logistics Berhad from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | RM210.34 Million | +90.17% |
| 2022-12-31 | RM110.61 Million | +18.86% |
| 2021-12-31 | RM93.05 Million | +8.65% |
| 2020-12-31 | RM85.65 Million | -- |