Well Chip Group Berhad
Well Chip Group Berhad, an investment holding company, engages in the provision of pawnbroking services, and retail and trading of jewelry and gold in Malaysia. It offers pawn loans in exchange for pledges, such as gold, jewelry, and watches. The company is also involved in the retail sale of new and pre-owned jewelry and gold, as well as sale of scrap gold acquired from unredeemed and bid pledge… Read more
Well Chip Group Berhad (5325) - Total Assets
Latest total assets as of September 2024: RM653.33 Million MYR
Based on the latest financial reports, Well Chip Group Berhad (5325) holds total assets worth RM653.33 Million MYR as of September 2024.
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.
Well Chip Group Berhad - Total Assets Trend (2020–2023)
This chart illustrates how Well Chip Group Berhad’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Well Chip Group Berhad - Asset Composition Analysis
Current Asset Composition (December 2023)
Well Chip Group Berhad's total assets of RM653.33 Million consist of 95.4% current assets and 4.6% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 27.2% |
| Accounts Receivable | RM418.00 Million | 63.3% |
| Inventory | RM32.10 Million | 4.9% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM425.00K | 0.1% |
Asset Composition Trend (2020–2023)
This chart illustrates how Well Chip Group Berhad'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: Well Chip Group Berhad's current assets represent 95.4% of total assets in 2023, a decrease from 97.6% in 2020.
- Cash Position: Cash and equivalents constituted 27.2% of total assets in 2023, up from 4.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 63.3% of total assets.
Well Chip Group Berhad Competitors by Total Assets
Key competitors of Well Chip Group Berhad based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Innovative Medical Management Co Ltd
SHE:002173
|
China | CN¥2.18 Billion |
|
Guangdong CHJ Industry Co Ltd
SHE:002345
|
China | CN¥6.34 Billion |
|
Zhejiang Ming Jewelry Co Ltd
SHE:002574
|
China | CN¥7.03 Billion |
|
Beijing Kingee Culture Development Co Ltd
SHE:002721
|
China | CN¥2.60 Billion |
|
Shenyang Cuihua Gold and Silver Jewelry Co Ltd
SHE:002731
|
China | CN¥6.26 Billion |
|
Chow Tai Seng Jewellery Co Ltd
SHE:002867
|
China | CN¥8.19 Billion |
|
YX Precious Metals Bhd
KLSE:0250
|
Malaysia | RM163.99 Million |
|
J.ESTINA Co.Ltd
KQ:026040
|
Korea | ₩54.40 Billion |
Well Chip Group Berhad - 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 - Well Chip Group Berhad generates 0.31x 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, Well Chip Group Berhad generates $5.52 in net profit.
Well Chip Group Berhad - 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 | 2.75 | - | - |
| Quick Ratio | 2.62 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | RM396.74 Million | - | - |
Well Chip Group Berhad - Advanced Valuation Insights
This section examines the relationship between Well Chip Group Berhad'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 | 2.03 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 51.9% |
| Total Assets | RM660.13 Million |
| Market Capitalization | $3.03K USD |
Valuation Analysis
Below Book Valuation: The market values Well Chip Group Berhad's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Well Chip Group Berhad's assets grew by 51.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Well Chip Group Berhad (2020–2023)
The table below shows the annual total assets of Well Chip Group Berhad from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | RM660.13 Million | +51.90% |
| 2022-12-31 | RM434.57 Million | +30.02% |
| 2021-12-31 | RM334.22 Million | +10.26% |
| 2020-12-31 | RM303.11 Million | -- |