Wong Engineering Corporation Bhd (7050) - Total Assets
Based on the latest financial reports, Wong Engineering Corporation Bhd (7050) holds total assets worth RM132.67 Million MYR (≈ $33.31 Million USD) 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. Also see Wong Engineering Corporation Bhd market capitalisation for the company's overall valuation and market capitalisation.
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. Review Wong Engineering Corporation Bhd balance sheet liabilities to assess the company's total debt and financial obligations.
| 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. See 7050 stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
Mueller Industries Inc
NYSE:MLI
|
USA | $4.26 Billion |
|
ESAB Corp
NYSE:ESAB
|
USA | $5.62 Billion |
|
Ningbo Zhenyu Technology Co. Ltd.
SHE:300953
|
China | CN¥12.03 Billion |
|
Luoyang Xinqianglian Slewing Bearin
SHE:300850
|
China | CN¥11.47 Billion |
|
Qingdao Yunlu Advanced Materials Technology Co. Ltd. A
SHG:688190
|
China | CN¥3.41 Billion |
|
Shanghai Yahong Moulding Co Ltd
SHG:603159
|
China | CN¥590.88 Million |
|
Dongguan Chitwing Technology Co Ltd
SHE:002855
|
China | CN¥1.53 Billion |
|
JL MAG RARE-EARTH H YC1
F:3KLA
|
Germany | €16.47 Billion |
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 | RM21.89 Million | RM39.66 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 | 0.08 |
| Asset Growth Rate (YoY) | 18.9% |
| Total Assets | RM132.67 Million |
| Market Capitalization | $10.35 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wong Engineering Corporation Bhd's assets below their book value (0.08x), 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 ≈ $33.31 Million |
+18.87% |
| 2024-10-31 | RM111.61 Million ≈ $28.02 Million |
-10.67% |
| 2023-10-31 | RM124.94 Million ≈ $31.37 Million |
+7.47% |
| 2022-10-31 | RM116.26 Million ≈ $29.19 Million |
+9.42% |
| 2021-10-31 | RM106.25 Million ≈ $26.68 Million |
+2.87% |
| 2020-10-31 | RM103.29 Million ≈ $25.93 Million |
+2.29% |
| 2019-10-31 | RM100.98 Million ≈ $25.35 Million |
+31.04% |
| 2018-10-31 | RM77.06 Million ≈ $19.35 Million |
+6.72% |
| 2017-10-31 | RM72.21 Million ≈ $18.13 Million |
+7.82% |
| 2016-10-31 | RM66.97 Million ≈ $16.81 Million |
-1.37% |
| 2015-10-31 | RM67.91 Million ≈ $17.05 Million |
+1.89% |
| 2014-10-31 | RM66.65 Million ≈ $16.73 Million |
-8.52% |
| 2013-10-31 | RM72.86 Million ≈ $18.29 Million |
-1.54% |
| 2012-10-31 | RM74.00 Million ≈ $18.58 Million |
-- |
About 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