Pelikan International Corp
PBS Berhad, together with its subsidiaries, manufactures and distributes fine writing and stationeries in Malaysia, Singapore, China/Taiwan, Thailand, Greece, and internationally. The company was formerly known as Pelikan International Corporation Berhad and changed its name to PBS Berhad in June 2024. The company was incorporated in 1980 and is based in Shah Alam, Malaysia.
Pelikan International Corp (5231) - Total Assets
Latest total assets as of September 2025: RM143.66 Million MYR
Based on the latest financial reports, Pelikan International Corp (5231) holds total assets worth RM143.66 Million 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.
Pelikan International Corp - Total Assets Trend (2006–2024)
This chart illustrates how Pelikan International Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pelikan International Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Pelikan International Corp's total assets of RM143.66 Million consist of 93.7% current assets and 6.3% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 65.4% |
| Accounts Receivable | RM36.30 Million | 25.3% |
| Inventory | RM4.08 Million | 2.8% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Pelikan International Corp'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: Pelikan International Corp's current assets represent 93.7% of total assets in 2024, an increase from 39.3% in 2006.
- Cash Position: Cash and equivalents constituted 65.4% of total assets in 2024, up from 3.6% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 17.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 25.3% of total assets.
Pelikan International Corp Competitors by Total Assets
Key competitors of Pelikan International Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hannet Co. Ltd
KQ:052600
|
Korea | ₩62.23 Billion |
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
China | CN¥5.75 Billion |
|
Tungkong Inc
SHE:002117
|
China | CN¥1.92 Billion |
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
China | CN¥54.04 Billion |
|
Hongbo Co Ltd
SHE:002229
|
China | CN¥2.43 Billion |
|
Beijing Shengtong Printing Co Ltd
SHE:002599
|
China | CN¥2.14 Billion |
|
Shanghai Nar Industrial Co Ltd
SHE:002825
|
China | CN¥2.78 Billion |
|
Xuchang Ketop Testing Research Ins
SHE:003008
|
China | CN¥1.10 Billion |
Pelikan International Corp - 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 - Pelikan International Corp generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Pelikan International Corp is currently not profitable relative to its asset base.
Pelikan International Corp - 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 | 13.00 | 24.65 | 1.59 |
| Quick Ratio | 12.58 | 23.94 | 1.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM107.83 Million | RM 137.51 Million | RM 267.38 Million |
Pelikan International Corp - Advanced Valuation Insights
This section examines the relationship between Pelikan International Corp'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 | 1.32 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -77.7% |
| Total Assets | RM143.76 Million |
| Market Capitalization | $8.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pelikan International Corp's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Pelikan International Corp's assets decreased by 77.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Pelikan International Corp (2006–2024)
The table below shows the annual total assets of Pelikan International Corp from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM143.76 Million | -77.73% |
| 2023-12-31 | RM645.59 Million | -45.68% |
| 2022-12-31 | RM1.19 Billion | -5.65% |
| 2021-12-31 | RM1.26 Billion | -6.37% |
| 2020-12-31 | RM1.35 Billion | +0.54% |
| 2019-12-31 | RM1.34 Billion | -1.26% |
| 2018-12-31 | RM1.36 Billion | -7.42% |
| 2017-12-31 | RM1.46 Billion | -3.29% |
| 2016-12-31 | RM1.51 Billion | -1.63% |
| 2015-12-31 | RM1.54 Billion | +6.63% |
| 2014-12-31 | RM1.44 Billion | -4.50% |
| 2013-12-31 | RM1.51 Billion | -5.13% |
| 2012-12-31 | RM1.59 Billion | -10.83% |
| 2011-12-31 | RM1.79 Billion | -6.39% |
| 2010-12-31 | RM1.91 Billion | +25.90% |
| 2009-12-31 | RM1.52 Billion | +0.95% |
| 2008-12-31 | RM1.50 Billion | -3.81% |
| 2007-12-31 | RM1.56 Billion | +43.61% |
| 2006-12-31 | RM1.09 Billion | -- |