Pelikan International Corp (5231) - Total Assets
Based on the latest financial reports, Pelikan International Corp (5231) holds total assets worth RM125.89 Million MYR (≈ $31.61 Million USD) as of March 2026. 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 Pelikan International Corp (5231) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Pelikan International Corp - Total Assets Trend (2006–2025)
This chart illustrates how Pelikan International Corp's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Pelikan International Corp for net asset value and shareholders' equity analysis.
Pelikan International Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Pelikan International Corp's total assets of RM125.89 Million consist of 81.9% current assets and 18.1% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 64.4% |
| Accounts Receivable | RM19.91 Million | 14.5% |
| Inventory | RM3.93 Million | 2.9% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2006–2025)
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. For live market cap, price, and company overview, see market value of Pelikan International Corp.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Pelikan International Corp's current assets represent 81.9% of total assets in 2025, an increase from 39.3% in 2006.
- Cash Position: Cash and equivalents constituted 64.4% of total assets in 2025, 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 14.5% 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 |
|---|---|---|
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
China | CN¥54.94 Billion |
|
IPH Ltd
AU:IPH
|
Australia | AU$1.28 Billion |
|
Smartgroup Corporation Ltd
AU:SIQ
|
Australia | AU$714.40 Million |
|
Kelly Partners Group Holdings Ltd
AU:KPG
|
Australia | AU$233.63 Million |
|
Count Ltd
AU:CUP
|
Australia | AU$448.27 Million |
|
GKW Limited
NSE:GKWLIMITED
|
India | Rs32.12 Billion |
|
Lamor Corporation Oyj
HE:LAMOR
|
Finland | €161.43 Million |
|
Brambles Ltd
AU:BXB
|
Australia | AU$9.10 Billion |
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 | 2.93 | 32.45 | 1.50 |
| Quick Ratio | 2.84 | 31.43 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM67.70 Million | RM115.68 Million | RM260.87 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 | 0.91 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -4.6% |
| Total Assets | RM137.20 Million |
| Market Capitalization | $14.39 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pelikan International Corp's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Pelikan International Corp's assets decreased by 4.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Pelikan International Corp (2006–2025)
The table below shows the annual total assets of Pelikan International Corp from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | RM137.20 Million ≈ $34.45 Million |
-4.57% |
| 2024-12-31 | RM143.76 Million ≈ $36.09 Million |
-77.73% |
| 2023-12-31 | RM645.59 Million ≈ $162.09 Million |
-45.68% |
| 2022-12-31 | RM1.19 Billion ≈ $298.37 Million |
-5.65% |
| 2021-12-31 | RM1.26 Billion ≈ $316.25 Million |
-6.37% |
| 2020-12-31 | RM1.35 Billion ≈ $337.77 Million |
+0.54% |
| 2019-12-31 | RM1.34 Billion ≈ $335.96 Million |
-1.26% |
| 2018-12-31 | RM1.36 Billion ≈ $340.23 Million |
-7.42% |
| 2017-12-31 | RM1.46 Billion ≈ $367.48 Million |
-3.29% |
| 2016-12-31 | RM1.51 Billion ≈ $380.00 Million |
-1.63% |
| 2015-12-31 | RM1.54 Billion ≈ $386.30 Million |
+6.63% |
| 2014-12-31 | RM1.44 Billion ≈ $362.29 Million |
-4.50% |
| 2013-12-31 | RM1.51 Billion ≈ $379.36 Million |
-5.13% |
| 2012-12-31 | RM1.59 Billion ≈ $399.86 Million |
-10.83% |
| 2011-12-31 | RM1.79 Billion ≈ $448.41 Million |
-6.39% |
| 2010-12-31 | RM1.91 Billion ≈ $479.03 Million |
+25.90% |
| 2009-12-31 | RM1.52 Billion ≈ $380.49 Million |
+0.95% |
| 2008-12-31 | RM1.50 Billion ≈ $376.91 Million |
-3.81% |
| 2007-12-31 | RM1.56 Billion ≈ $391.83 Million |
+43.61% |
| 2006-12-31 | RM1.09 Billion ≈ $272.85 Million |
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About Pelikan International Corp
PBS Berhad, together with its subsidiaries, manufactures and distributes stationery and office products in Asia and internationally. The company was formerly known as Pelikan International Corporation Berhad and changed its name to PBS Berhad in June 2024. PBS Berhad was incorporated in 1980 and is based in Subang Jaya, Malaysia.