Wah Seong Corporation Bhd (5142) - Total Assets
Based on the latest financial reports, Wah Seong Corporation Bhd (5142) holds total assets worth RM2.52 Billion MYR (≈ $632.99 Million USD) as of December 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. Explore 5142 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Wah Seong Corporation Bhd - Total Assets Trend (2012–2025)
This chart illustrates how Wah Seong Corporation Bhd's total assets have evolved over time, based on quarterly financial data. See 5142 net asset value for net asset value and shareholders' equity analysis.
Wah Seong Corporation Bhd - Asset Composition Analysis
Current Asset Composition (December 2025)
Wah Seong Corporation Bhd's total assets of RM2.52 Billion consist of 56.2% current assets and 43.8% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 7.9% |
| Accounts Receivable | RM786.09 Million | 31.2% |
| Inventory | RM185.71 Million | 7.4% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM204.00K | 0.0% |
| Goodwill | RM142.92 Million | 5.7% |
Asset Composition Trend (2012–2025)
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. For live market cap, price, and company overview, see 5142 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wah Seong Corporation Bhd's current assets represent 56.2% of total assets in 2025, a decrease from 57.7% in 2012.
- Cash Position: Cash and equivalents constituted 7.9% of total assets in 2025, 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 31.2% 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 |
|---|---|---|
|
Lanzhou Haimo Technologies Co
SHE:300084
|
China | CN¥1.53 Billion |
|
BW OFFSHORE LTD. DL 050
F:XY81
|
Germany | €4.28 Billion |
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
Prosafe SE
OL:PRS
|
Norway | Nkr493.30 Million |
|
PBG SA
WAR:PBG
|
Poland | zł22.34 Million |
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
Germany | €10.96 Million |
|
Ratu Prabu Energi Tbk
JK:ARTI
|
Indonesia | Rp534.65 Billion |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
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 | 1.48 | 1.08 | 0.85 |
| Quick Ratio | 1.28 | 0.89 | 0.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM457.10 Million | RM136.88 Million | RM-171.62 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 | 0.78 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -13.5% |
| Total Assets | RM2.52 Billion |
| Market Capitalization | $138.03 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wah Seong Corporation Bhd's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Wah Seong Corporation Bhd's assets decreased by 13.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Wah Seong Corporation Bhd (2012–2025)
The table below shows the annual total assets of Wah Seong Corporation Bhd from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | RM2.52 Billion ≈ $632.99 Million |
-13.50% |
| 2024-12-31 | RM2.91 Billion ≈ $731.75 Million |
-1.09% |
| 2023-12-31 | RM2.95 Billion ≈ $739.81 Million |
+8.59% |
| 2022-12-31 | RM2.71 Billion ≈ $681.26 Million |
+21.60% |
| 2021-12-31 | RM2.23 Billion ≈ $560.24 Million |
-1.60% |
| 2020-12-31 | RM2.27 Billion ≈ $569.38 Million |
-14.91% |
| 2019-12-31 | RM2.67 Billion ≈ $669.18 Million |
-3.64% |
| 2018-12-31 | RM2.77 Billion ≈ $694.43 Million |
-12.76% |
| 2017-12-31 | RM3.17 Billion ≈ $795.98 Million |
+21.69% |
| 2016-12-31 | RM2.61 Billion ≈ $654.09 Million |
-13.13% |
| 2015-12-31 | RM3.00 Billion ≈ $752.95 Million |
+3.38% |
| 2014-12-31 | RM2.90 Billion ≈ $728.35 Million |
+16.09% |
| 2013-12-31 | RM2.50 Billion ≈ $627.42 Million |
+15.16% |
| 2012-12-31 | RM2.17 Billion ≈ $544.82 Million |
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About 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