Icon Offshore Bhd
Lianson Fleet Group Berhad, an investment holding company, provides vessel chartering, ship management, and offshore marine services to the oil and gas related industries in Malaysia and Brunei. The company offers in-field support that offers ample deck space and deadweight capacity to transport essential materials, such as drilling mud, cement, base oil diesel, drill water, and other critical su… Read more
Icon Offshore Bhd (5255) - Total Assets
Latest total assets as of September 2025: RM1.22 Billion MYR
Based on the latest financial reports, Icon Offshore Bhd (5255) holds total assets worth RM1.22 Billion 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.
Icon Offshore Bhd - Total Assets Trend (2012–2024)
This chart illustrates how Icon Offshore Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Icon Offshore Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Icon Offshore Bhd's total assets of RM1.22 Billion consist of 22.0% current assets and 78.0% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 7.0% |
| Accounts Receivable | RM97.34 Million | 14.0% |
| Inventory | RM1.94 Million | 0.3% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Icon 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: Icon Offshore Bhd's current assets represent 22.0% of total assets in 2024, an increase from 14.7% in 2012.
- Cash Position: Cash and equivalents constituted 7.0% of total assets in 2024, up from 3.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 20.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 14.0% of total assets.
Icon Offshore Bhd Competitors by Total Assets
Key competitors of Icon Offshore Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Icon 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
Lower asset utilization - Icon Offshore Bhd generates 0.34x 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, Icon Offshore Bhd generates $6.33 in net profit.
Icon 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 | 3.23 | 1.49 | 1.61 |
| Quick Ratio | 3.22 | 1.45 | 1.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM300.71 Million | RM 40.75 Million | RM 49.07 Million |
Icon Offshore Bhd - Advanced Valuation Insights
This section examines the relationship between Icon 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 | 3.21 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -4.2% |
| Total Assets | RM696.33 Million |
| Market Capitalization | $115.04 Million USD |
Valuation Analysis
Below Book Valuation: The market values Icon Offshore Bhd's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Icon Offshore Bhd's assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Icon Offshore Bhd (2012–2024)
The table below shows the annual total assets of Icon Offshore Bhd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM696.33 Million | -4.18% |
| 2023-12-31 | RM726.73 Million | -3.54% |
| 2022-12-31 | RM753.42 Million | -22.22% |
| 2021-12-31 | RM968.69 Million | +24.11% |
| 2020-12-31 | RM780.53 Million | +3.44% |
| 2019-12-31 | RM754.57 Million | -4.42% |
| 2018-12-31 | RM789.47 Million | -39.77% |
| 2017-12-31 | RM1.31 Billion | -5.16% |
| 2016-12-31 | RM1.38 Billion | -9.13% |
| 2015-12-31 | RM1.52 Billion | -14.65% |
| 2014-12-31 | RM1.78 Billion | +13.07% |
| 2013-12-31 | RM1.58 Billion | +7.36% |
| 2012-12-31 | RM1.47 Billion | -- |