Solid Automotive Bhd
Solid Automotive Berhad, an investment holding company, engages in the trading and distribution of automotive spare parts and components in Malaysia, the Middle East, Africa, and internationally. The company operates through three segments: Automotive Service, Electrical, Spare and Related Parts; Automotive Engine and Mechanical Parts; and Others. It trades in and distributes automotive engines, … Read more
Solid Automotive Bhd (5242) - Total Assets
Latest total assets as of October 2025: RM331.08 Million MYR
Based on the latest financial reports, Solid Automotive Bhd (5242) holds total assets worth RM331.08 Million MYR as of October 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.
Solid Automotive Bhd - Total Assets Trend (2013–2025)
This chart illustrates how Solid Automotive Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Solid Automotive Bhd - Asset Composition Analysis
Current Asset Composition (April 2025)
Solid Automotive Bhd's total assets of RM331.08 Million consist of 67.2% current assets and 32.8% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 7.8% |
| Accounts Receivable | RM67.99 Million | 21.4% |
| Inventory | RM90.72 Million | 28.5% |
| Property, Plant & Equipment | RM79.90 Million | 25.1% |
| Intangible Assets | RM238.60K | 0.1% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how Solid Automotive 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: Solid Automotive Bhd's current assets represent 67.2% of total assets in 2025, a decrease from 78.7% in 2013.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2025, down from 7.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 28.5% of total assets.
Solid Automotive Bhd Competitors by Total Assets
Key competitors of Solid Automotive Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Solid Automotive 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 - Solid Automotive Bhd generates 1.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Solid Automotive Bhd generates $ 2.10 in net profit.
Solid Automotive 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 | 2.67 | 3.10 | 2.52 |
| Quick Ratio | 1.53 | 1.98 | 1.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM142.25 Million | RM 187.40 Million | RM 119.58 Million |
Solid Automotive Bhd - Advanced Valuation Insights
This section examines the relationship between Solid Automotive 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 | 0.27 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | RM318.45 Million |
| Market Capitalization | $5.00 Million USD |
Valuation Analysis
Below Book Valuation: The market values Solid Automotive Bhd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Solid Automotive Bhd's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Solid Automotive Bhd (2013–2025)
The table below shows the annual total assets of Solid Automotive Bhd from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-04-30 | RM318.45 Million | +0.00% |
| 2024-04-30 | RM318.43 Million | +8.58% |
| 2023-04-30 | RM293.27 Million | +1.75% |
| 2022-04-30 | RM288.22 Million | +14.88% |
| 2021-04-30 | RM250.89 Million | +6.52% |
| 2020-04-30 | RM235.54 Million | +0.31% |
| 2019-04-30 | RM234.82 Million | +40.33% |
| 2018-04-30 | RM167.34 Million | +4.35% |
| 2017-04-30 | RM160.36 Million | +2.00% |
| 2016-04-30 | RM157.22 Million | +14.76% |
| 2015-04-30 | RM137.00 Million | +20.18% |
| 2014-04-30 | RM114.00 Million | +28.09% |
| 2013-04-30 | RM89.00 Million | -- |