Velesto Energy Bhd (5243) - Total Assets
Based on the latest financial reports, Velesto Energy Bhd (5243) holds total assets worth RM2.85 Billion MYR (≈ $716.79 Million USD) 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. See Velesto Energy Bhd shareholders equity for net asset value and shareholders' equity analysis.
Velesto Energy Bhd - Total Assets Trend (2010–2024)
This chart illustrates how Velesto Energy Bhd's total assets have evolved over time, based on quarterly financial data.
Velesto Energy Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Velesto Energy Bhd's total assets of RM2.85 Billion consist of 22.5% current assets and 77.5% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 8.1% |
| Accounts Receivable | RM315.01 Million | 10.3% |
| Inventory | RM125.29 Million | 4.1% |
| Property, Plant & Equipment | RM2.38 Billion | 77.6% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Velesto Energy 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 Velesto Energy Bhd market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Velesto Energy Bhd's current assets represent 22.5% of total assets in 2024, an increase from 16.6% in 2010.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, up from 6.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is property, plant & equipment at 77.6% of total assets.
Velesto Energy Bhd Competitors by Total Assets
Key competitors of Velesto Energy Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Deep Value Driller AS
OL:DVD
|
Norway | Nkr112.30 Million |
|
Precision Drilling Corporation
TO:PD
|
Canada | CA$2.80 Billion |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.75 Billion |
|
PHX Energy Services Corporation
TO:PHX
|
Canada | CA$435.01 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Western Energy Services Corp.
TO:WRG
|
Canada | CA$378.65 Million |
|
Stampede Drilling Inc
V:SDI
|
Canada | CA$131.43 Million |
|
Sinopec Oilfield Service Corp
SHG:600871
|
China | CN¥78.22 Billion |
Velesto Energy 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 | 1.76 | 1.80 | 2.35 |
| Quick Ratio | 1.45 | 1.52 | 1.70 |
| Cash Ratio | 0.49 | 0.50 | 0.00 |
| Working Capital | RM263.12 Million | RM319.41 Million | RM415.06 Million |
Velesto Energy Bhd - Advanced Valuation Insights
This section examines the relationship between Velesto Energy 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 | 1.00 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | -1.4% |
| Total Assets | RM3.06 Billion |
| Market Capitalization | $660.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Velesto Energy Bhd's assets below their book value (0.22x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Velesto Energy Bhd's assets decreased by 1.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Velesto Energy Bhd (2010–2024)
The table below shows the annual total assets of Velesto Energy Bhd from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM3.06 Billion ≈ $768.92 Million |
-1.45% |
| 2023-12-31 | RM3.11 Billion ≈ $780.23 Million |
+0.59% |
| 2022-12-31 | RM3.09 Billion ≈ $775.64 Million |
+2.77% |
| 2021-12-31 | RM3.01 Billion ≈ $754.71 Million |
-12.98% |
| 2020-12-31 | RM3.45 Billion ≈ $867.24 Million |
-19.02% |
| 2019-12-31 | RM4.27 Billion ≈ $1.07 Billion |
-2.25% |
| 2018-12-31 | RM4.36 Billion ≈ $1.10 Billion |
-8.94% |
| 2017-12-31 | RM4.79 Billion ≈ $1.20 Billion |
-26.84% |
| 2016-12-31 | RM6.55 Billion ≈ $1.64 Billion |
-14.34% |
| 2015-12-31 | RM7.65 Billion ≈ $1.92 Billion |
+32.85% |
| 2014-12-31 | RM5.76 Billion ≈ $1.45 Billion |
+47.94% |
| 2013-12-31 | RM3.89 Billion ≈ $976.82 Million |
+99.51% |
| 2012-12-31 | RM1.95 Billion ≈ $489.60 Million |
+14.12% |
| 2011-12-31 | RM1.71 Billion ≈ $429.03 Million |
+18.25% |
| 2010-12-31 | RM1.45 Billion ≈ $362.80 Million |
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About Velesto Energy Bhd
Velesto Energy Berhad, an investment holding company, engages in activities in the upstream sector of the oil and gas industry in Malaysia and internationally. It operates through the Drilling Services, Integrated Project Management, and Oilfield Services segments. The Drilling Services segment engages in the provision of drilling services to the upstream oil and gas sector; and the ownership and… Read more