Wah Seong Corporation Bhd
Wasco Berhad provides energy solutions worldwide. The company operates through Energy Services, Bioenergy Services, Trading, and Others segments. It provides pipe coating and manufacturing activities; builds and operates offshore/onshore field development facilities; and provides specialized equipment and services to the power generation, oleochemical, and petrochemical industries, as well as man… Read more
Wah Seong Corporation Bhd (5142) - Total Assets
Latest total assets as of September 2025: RM2.42 Billion MYR
Based on the latest financial reports, Wah Seong Corporation Bhd (5142) holds total assets worth RM2.42 Billion 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.
Wah Seong Corporation Bhd - Total Assets Trend (2012–2024)
This chart illustrates how Wah Seong Corporation Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wah Seong Corporation Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Wah Seong Corporation Bhd's total assets of RM2.42 Billion consist of 60.1% current assets and 39.9% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 8.3% |
| Accounts Receivable | RM1.07 Billion | 36.6% |
| Inventory | RM322.27 Million | 11.1% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM231.00K | 0.0% |
| Goodwill | RM154.31 Million | 5.3% |
Asset Composition Trend (2012–2024)
This chart illustrates how Wah Seong Corporation 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: Wah Seong Corporation Bhd's current assets represent 60.1% of total assets in 2024, an increase from 57.7% in 2012.
- Cash Position: Cash and equivalents constituted 8.3% of total assets in 2024, up from 7.3% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, unchanged from 5.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 36.6% of total assets.
Wah Seong Corporation Bhd Competitors by Total Assets
Key competitors of Wah Seong Corporation 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 |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Wah Seong Corporation 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 - Wah Seong Corporation Bhd generates 1.09x 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, Wah Seong Corporation Bhd generates $5.25 in net profit.
Wah Seong Corporation 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 | 1.22 | 1.08 | 0.83 |
| Quick Ratio | 1.03 | 0.86 | 0.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM217.96 Million | RM 104.96 Million | RM -202.50 Million |
Wah Seong Corporation Bhd - Advanced Valuation Insights
This section examines the relationship between Wah Seong Corporation 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 | 0.76 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -1.1% |
| Total Assets | RM2.91 Billion |
| Market Capitalization | $84.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wah Seong Corporation Bhd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Wah Seong Corporation Bhd's assets decreased by 1.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Wah Seong Corporation Bhd (2012–2024)
The table below shows the annual total assets of Wah Seong Corporation Bhd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM2.91 Billion | -1.09% |
| 2023-12-31 | RM2.95 Billion | +8.59% |
| 2022-12-31 | RM2.71 Billion | +21.60% |
| 2021-12-31 | RM2.23 Billion | -1.60% |
| 2020-12-31 | RM2.27 Billion | -14.91% |
| 2019-12-31 | RM2.67 Billion | -3.64% |
| 2018-12-31 | RM2.77 Billion | -12.76% |
| 2017-12-31 | RM3.17 Billion | +21.69% |
| 2016-12-31 | RM2.61 Billion | -13.13% |
| 2015-12-31 | RM3.00 Billion | +3.38% |
| 2014-12-31 | RM2.90 Billion | +16.09% |
| 2013-12-31 | RM2.50 Billion | +15.16% |
| 2012-12-31 | RM2.17 Billion | -- |