Thong Guan Industries Bhd (7034) - Total Assets
Based on the latest financial reports, Thong Guan Industries Bhd (7034) holds total assets worth RM1.44 Billion MYR (≈ $360.95 Million USD) as of December 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 7034 net assets for net asset value and shareholders' equity analysis.
Thong Guan Industries Bhd - Total Assets Trend (2006–2025)
This chart illustrates how Thong Guan Industries Bhd's total assets have evolved over time, based on quarterly financial data.
Thong Guan Industries Bhd - Asset Composition Analysis
Current Asset Composition (December 2025)
Thong Guan Industries Bhd's total assets of RM1.44 Billion consist of 65.7% current assets and 34.3% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 23.5% |
| Accounts Receivable | RM245.07 Million | 17.1% |
| Inventory | RM362.32 Million | 25.2% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2006–2025)
This chart illustrates how Thong Guan Industries 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 Thong Guan Industries Bhd (7034) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thong Guan Industries Bhd's current assets represent 65.7% of total assets in 2025, an increase from 58.7% in 2006.
- Cash Position: Cash and equivalents constituted 23.5% of total assets in 2025, up from 4.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 25.2% of total assets.
Thong Guan Industries Bhd Competitors by Total Assets
Key competitors of Thong Guan Industries Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Amcor plc
F:485
|
Germany | €37.05 Billion |
|
Jiamei Food Packaging Chuzhou Co
SHE:002969
|
China | CN¥4.39 Billion |
|
Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A
SHG:603499
|
China | CN¥1.62 Billion |
|
Karat Packaging Inc
NASDAQ:KRT
|
USA | $302.84 Million |
|
Tailim Packaging Co Ltd
KO:011280
|
Korea | ₩705.73 Billion |
|
Kumbi Corporation
KO:008870
|
Korea | ₩283.31 Billion |
|
Hindusthan National Glass & Industries Limited
NSE:HINDNATGLS
|
India | Rs29.11 Billion |
|
Pelangi Indah Canindo Tbk
JK:PICO
|
Indonesia | Rp666.98 Billion |
Thong Guan Industries 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 | 2.28 | 2.49 | 2.80 |
| Quick Ratio | 1.41 | 1.49 | 2.00 |
| Cash Ratio | 0.00 | 0.07 | 0.00 |
| Working Capital | RM530.64 Million | RM566.46 Million | RM451.85 Million |
Thong Guan Industries Bhd - Advanced Valuation Insights
This section examines the relationship between Thong Guan Industries 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 | 0.50 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -1.7% |
| Total Assets | RM1.44 Billion |
| Market Capitalization | $155.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thong Guan Industries Bhd's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Thong Guan Industries Bhd's assets decreased by 1.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Thong Guan Industries Bhd (2006–2025)
The table below shows the annual total assets of Thong Guan Industries Bhd from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | RM1.44 Billion ≈ $360.95 Million |
-1.72% |
| 2024-12-31 | RM1.46 Billion ≈ $367.27 Million |
+4.49% |
| 2023-12-31 | RM1.40 Billion ≈ $351.47 Million |
+7.32% |
| 2022-12-31 | RM1.30 Billion ≈ $327.49 Million |
+7.12% |
| 2021-12-31 | RM1.22 Billion ≈ $305.74 Million |
+20.50% |
| 2020-12-31 | RM1.01 Billion ≈ $253.72 Million |
+14.66% |
| 2019-12-31 | RM881.32 Million ≈ $221.27 Million |
+19.21% |
| 2018-12-31 | RM739.31 Million ≈ $185.62 Million |
+7.86% |
| 2017-12-31 | RM685.45 Million ≈ $172.09 Million |
+10.59% |
| 2016-12-31 | RM619.81 Million ≈ $155.61 Million |
+15.11% |
| 2015-12-31 | RM538.43 Million ≈ $135.18 Million |
-1.70% |
| 2014-12-31 | RM547.74 Million ≈ $137.52 Million |
+22.39% |
| 2013-12-31 | RM447.53 Million ≈ $112.36 Million |
+13.58% |
| 2012-12-31 | RM394.03 Million ≈ $98.93 Million |
+6.93% |
| 2011-12-31 | RM368.50 Million ≈ $92.52 Million |
+14.02% |
| 2010-12-31 | RM323.18 Million ≈ $81.14 Million |
+11.83% |
| 2009-12-31 | RM289.00 Million ≈ $72.56 Million |
-2.95% |
| 2008-12-31 | RM297.77 Million ≈ $74.76 Million |
-11.48% |
| 2007-12-31 | RM336.39 Million ≈ $84.46 Million |
+7.81% |
| 2006-12-31 | RM312.04 Million ≈ $78.34 Million |
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About Thong Guan Industries Bhd
Thong Guan Industries Berhad, an investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, other Asian countries, Oceania, Europe, North America, and internationally. The company operates through Plastic Products; and Food, Beverages, and Other Consumable Products segments. Its products include stretch and maxs… Read more