Petronas Gas Bhd (6033) - Total Assets
Based on the latest financial reports, Petronas Gas Bhd (6033) holds total assets worth RM19.69 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.
Petronas Gas Bhd - Total Assets Trend (2005–2024)
This chart illustrates how Petronas Gas Bhd's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Petronas Gas Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
Petronas Gas Bhd's total assets of RM19.69 Billion consist of 19.5% current assets and 80.5% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 13.8% |
| Accounts Receivable | RM961.50 Million | 5.1% |
| Inventory | RM35.99 Million | 0.2% |
| Property, Plant & Equipment | RM13.92 Billion | 74.2% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Petronas Gas 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: Petronas Gas Bhd's current assets represent 19.5% of total assets in 2024, an increase from 13.0% in 2005.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2024, up from 9.4% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 74.2% of total assets.
Petronas Gas Bhd Competitors by Total Assets
Key competitors of Petronas Gas Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sichuan Shengda Forestry Industry Co Ltd
SHE:002259
|
China | CN¥930.69 Million |
|
Galp Energia Nom
IL:0B67
|
UK | €16.23 Billion |
|
Cosmo Energy Holdings Co. Ltd.
F:2LW
|
Germany | €2.11 Trillion |
|
Crown LNG Holdings Limited Ordinary Shares
NASDAQ:CGBS
|
USA | $18.35 Million |
|
Crown LNG Holdings Limited Warrants
NASDAQ:CGBSW
|
USA | $247.09 Million |
|
China Petroleum & Chemical Corp Class A
SHG:600028
|
China | CN¥2.14 Trillion |
|
Guanghui Energy Co Ltd
SHG:600256
|
China | CN¥52.69 Billion |
|
PetroChina Co Ltd Class A
SHG:601857
|
China | CN¥2.85 Trillion |
Petronas Gas 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 | 2.00 | 2.86 | 3.93 |
| Quick Ratio | 1.97 | 2.83 | 3.89 |
| Cash Ratio | 1.41 | 1.61 | 0.00 |
| Working Capital | RM1.69 Billion | RM2.49 Billion | RM2.93 Billion |
Petronas Gas Bhd - Advanced Valuation Insights
This section examines the relationship between Petronas Gas 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 | 2.54 |
| Latest Market Cap to Assets Ratio | 0.48 |
| Asset Growth Rate (YoY) | -2.9% |
| Total Assets | RM18.75 Billion |
| Market Capitalization | $8.96 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Petronas Gas Bhd's assets below their book value (0.48x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Petronas Gas Bhd's assets decreased by 2.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Petronas Gas Bhd (2005–2024)
The table below shows the annual total assets of Petronas Gas Bhd from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM18.75 Billion | -2.92% |
| 2023-12-31 | RM19.32 Billion | -1.87% |
| 2022-12-31 | RM19.69 Billion | +2.62% |
| 2021-12-31 | RM19.19 Billion | +4.59% |
| 2020-12-31 | RM18.34 Billion | -6.33% |
| 2019-12-31 | RM19.58 Billion | +6.29% |
| 2018-12-31 | RM18.42 Billion | +4.52% |
| 2017-12-31 | RM17.63 Billion | +6.49% |
| 2016-12-31 | RM16.55 Billion | +15.10% |
| 2015-12-31 | RM14.38 Billion | +8.46% |
| 2014-12-31 | RM13.26 Billion | +0.29% |
| 2013-12-31 | RM13.22 Billion | -1.78% |
| 2012-12-31 | RM13.46 Billion | +25.72% |
| 2011-12-31 | RM10.71 Billion | +1.89% |
| 2010-12-31 | RM10.51 Billion | +6.86% |
| 2009-12-31 | RM9.83 Billion | -0.33% |
| 2008-12-31 | RM9.87 Billion | +0.75% |
| 2007-12-31 | RM9.79 Billion | +3.16% |
| 2006-12-31 | RM9.49 Billion | +1.02% |
| 2005-12-31 | RM9.40 Billion | -- |
About Petronas Gas Bhd
PETRONAS Gas Berhad engages in separating natural gas into its components and storing in Malaysia. It operates through four segments: Gas Processing, Gas Transportation, Regasification, and Utilities. The company is involved in processing of natural gas into sales gas and other by-products, such as ethane, propane, and butane; transportation of processed gas to shippers' end customers and provisi… Read more