Wong Engineering Corporation Bhd
Wong Engineering Corporation Berhad, together with its subsidiaries, designs, manufactures, and sells high precision stamped and turned metal parts, components, and welded frame structures in Malaysia, Asia, Europe, and internationally. The company operates through three segments: Precision Engineering; Construction and Property Development; and others. It engages in the general building construc… Read more
Wong Engineering Corporation Bhd (7050) - Total Assets
Latest total assets as of October 2025: RM132.67 Million MYR
Based on the latest financial reports, Wong Engineering Corporation Bhd (7050) holds total assets worth RM132.67 Million MYR as of October 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.
Wong Engineering Corporation Bhd - Total Assets Trend (2012–2025)
This chart illustrates how Wong Engineering Corporation Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wong Engineering Corporation Bhd - Asset Composition Analysis
Current Asset Composition (October 2025)
Wong Engineering Corporation Bhd's total assets of RM132.67 Million consist of 24.1% current assets and 75.9% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM5.62 Million | 4.2% |
| Accounts Receivable | RM15.46 Million | 11.7% |
| Inventory | RM9.34 Million | 7.0% |
| Property, Plant & Equipment | RM62.42 Million | 47.1% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2012–2025)
This chart illustrates how Wong Engineering Corporation 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: Wong Engineering Corporation Bhd's current assets represent 24.1% of total assets in 2025, a decrease from 35.1% in 2012.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2025, down from 12.2% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is property, plant & equipment at 47.1% of total assets.
Wong Engineering Corporation Bhd Competitors by Total Assets
Key competitors of Wong Engineering Corporation Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Wong Engineering Corporation 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 - Wong Engineering Corporation Bhd generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wong Engineering Corporation Bhd is currently not profitable relative to its asset base.
Wong Engineering Corporation 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 | 1.36 | 2.15 | 2.93 |
| Quick Ratio | 0.96 | 1.59 | 2.40 |
| Cash Ratio | 0.24 | 0.96 | 0.00 |
| Working Capital | RM8.40 Million | RM 21.89 Million | RM 39.66 Million |
Wong Engineering Corporation Bhd - Advanced Valuation Insights
This section examines the relationship between Wong Engineering Corporation 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 | 0.03 |
| Asset Growth Rate (YoY) | 18.9% |
| Total Assets | RM132.67 Million |
| Market Capitalization | $3.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wong Engineering Corporation Bhd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Wong Engineering Corporation Bhd's assets grew by 18.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wong Engineering Corporation Bhd (2012–2025)
The table below shows the annual total assets of Wong Engineering Corporation Bhd from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-10-31 | RM132.67 Million | +18.87% |
| 2024-10-31 | RM111.61 Million | -10.67% |
| 2023-10-31 | RM124.94 Million | +7.47% |
| 2022-10-31 | RM116.26 Million | +9.42% |
| 2021-10-31 | RM106.25 Million | +2.87% |
| 2020-10-31 | RM103.29 Million | +2.29% |
| 2019-10-31 | RM100.98 Million | +31.04% |
| 2018-10-31 | RM77.06 Million | +6.72% |
| 2017-10-31 | RM72.21 Million | +7.82% |
| 2016-10-31 | RM66.97 Million | -1.37% |
| 2015-10-31 | RM67.91 Million | +1.89% |
| 2014-10-31 | RM66.65 Million | -8.52% |
| 2013-10-31 | RM72.86 Million | -1.54% |
| 2012-10-31 | RM74.00 Million | -- |