TAS Offshore Bhd
TAS Offshore Berhad, together with its subsidiaries, engages in the ship building and repairing businesses in Malaysia, Indonesia, and Singapore. The company offers hull and superstructure construction; propulsion and power system installation; machinery and equipment installation; communication, navigation, and surveillance systems installation; interior fit-out; painting; and vessel testing and… Read more
TAS Offshore Bhd (5149) - Total Assets
Latest total assets as of November 2025: RM200.12 Million MYR
Based on the latest financial reports, TAS Offshore Bhd (5149) holds total assets worth RM200.12 Million MYR 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.
TAS Offshore Bhd - Total Assets Trend (2009–2025)
This chart illustrates how TAS Offshore Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TAS Offshore Bhd - Asset Composition Analysis
Current Asset Composition (May 2025)
TAS Offshore Bhd's total assets of RM200.12 Million consist of 67.2% current assets and 32.8% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 7.7% |
| Accounts Receivable | RM22.41 Million | 10.9% |
| Inventory | RM98.69 Million | 47.9% |
| Property, Plant & Equipment | RM33.23 Million | 16.1% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2009–2025)
This chart illustrates how TAS Offshore 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: TAS Offshore Bhd's current assets represent 67.2% of total assets in 2025, a decrease from 85.4% in 2009.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2025, down from 7.9% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 47.9% of total assets.
TAS Offshore Bhd Competitors by Total Assets
Key competitors of TAS Offshore Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Oriental Precision & Engineering Co.Ltd
KQ:014940
|
Korea | ₩233.15 Billion |
|
AeroSpace Technology of Korea
KQ:067390
|
Korea | ₩566.04 Billion |
|
MEDICOX Co. Ltd
KQ:054180
|
Korea | ₩83.56 Billion |
|
Victek Co. Ltd
KQ:065450
|
Korea | ₩127.38 Billion |
|
SAMYUNG ENC Co. Ltd
KQ:065570
|
Korea | ₩74.14 Billion |
|
Satrec Initiative Co. Ltd
KQ:099320
|
Korea | ₩371.73 Billion |
|
Inhwa Precision Co. Ltd
KQ:101930
|
Korea | ₩463.17 Billion |
|
Hizeaero Co. Ltd
KQ:221840
|
Korea | ₩114.85 Billion |
TAS Offshore 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
Moderate asset utilization - TAS Offshore Bhd generates 0.70x 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, TAS Offshore Bhd generates $8.54 in net profit.
TAS Offshore 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 | 2.25 | 1.93 | 3.50 |
| Quick Ratio | 1.14 | 0.92 | 0.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM74.21 Million | RM 66.12 Million | RM 59.36 Million |
TAS Offshore Bhd - Advanced Valuation Insights
This section examines the relationship between TAS Offshore 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 | 0.68 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 5.7% |
| Total Assets | RM206.00 Million |
| Market Capitalization | $7.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values TAS Offshore Bhd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: TAS Offshore Bhd's assets grew by 5.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for TAS Offshore Bhd (2009–2025)
The table below shows the annual total assets of TAS Offshore Bhd from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | RM206.00 Million | +5.71% |
| 2024-05-31 | RM194.87 Million | +27.83% |
| 2023-05-31 | RM152.44 Million | +32.76% |
| 2022-05-31 | RM114.82 Million | -10.11% |
| 2021-05-31 | RM127.74 Million | -74.06% |
| 2020-05-31 | RM492.53 Million | -12.35% |
| 2019-05-31 | RM561.93 Million | +3.32% |
| 2018-05-31 | RM543.87 Million | -8.19% |
| 2017-05-31 | RM592.42 Million | +3.20% |
| 2016-05-31 | RM574.04 Million | +18.09% |
| 2015-05-31 | RM486.11 Million | +36.82% |
| 2014-05-31 | RM355.30 Million | +60.17% |
| 2013-05-31 | RM221.83 Million | +15.93% |
| 2012-05-31 | RM191.35 Million | +14.29% |
| 2011-05-31 | RM167.43 Million | -4.93% |
| 2010-05-31 | RM176.11 Million | +13.41% |
| 2009-05-31 | RM155.28 Million | -- |