Top Glove Corporation Bhd (7113) - Total Assets
Based on the latest financial reports, Top Glove Corporation Bhd (7113) holds total assets worth RM6.31 Billion MYR (≈ $1.58 Billion USD) as of November 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 shareholders equity of Top Glove Corporation Bhd for net asset value and shareholders' equity analysis.
Top Glove Corporation Bhd - Total Assets Trend (2005–2025)
This chart illustrates how Top Glove Corporation Bhd's total assets have evolved over time, based on quarterly financial data.
Top Glove Corporation Bhd - Asset Composition Analysis
Current Asset Composition (August 2025)
Top Glove Corporation Bhd's total assets of RM6.31 Billion consist of 23.2% current assets and 76.8% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 4.8% |
| Accounts Receivable | RM467.55 Million | 7.5% |
| Inventory | RM340.35 Million | 5.4% |
| Property, Plant & Equipment | RM3.46 Billion | 55.2% |
| Intangible Assets | RM14.64 Million | 0.2% |
| Goodwill | RM843.14 Million | 13.4% |
Asset Composition Trend (2005–2025)
This chart illustrates how Top Glove 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. For live market cap, price, and company overview, see market cap of Top Glove Corporation Bhd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Top Glove Corporation Bhd's current assets represent 23.2% of total assets in 2025, a decrease from 40.6% in 2005.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2025, down from 5.0% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 1.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 55.2% of total assets.
Top Glove Corporation Bhd Competitors by Total Assets
Key competitors of Top Glove Corporation Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alcon AG
SW:ALC
|
Switzerland | CHF31.53 Billion |
|
iRay Technology Co Ltd
SHG:688301
|
China | CN¥11.33 Billion |
|
Shenyang Xingqi Pharmaceutical Co Ltd
SHE:300573
|
China | CN¥2.42 Billion |
|
Anbio Biotechnology Class A Ordinary Shares
NASDAQ:NNNN
|
USA | $32.49 Million |
|
Jiangsu Nanfang Medical
SHG:603880
|
China | CN¥993.46 Million |
|
SDI Ltd
AU:SDI
|
Australia | AU$141.20 Million |
|
MEDIMI AB AK
F:79T
|
Germany | €1.70 Million |
|
I.Ceram SA
PA:ALICR
|
France | €3.91 Million |
Top Glove 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 | 2.63 | 2.03 | 1.89 |
| Quick Ratio | 2.04 | 1.64 | 1.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM963.74 Million | RM936.83 Million | RM3.47 Billion |
Top Glove Corporation Bhd - Advanced Valuation Insights
This section examines the relationship between Top Glove 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 | 1.00 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | -9.8% |
| Total Assets | RM6.27 Billion |
| Market Capitalization | $1.46 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Top Glove Corporation Bhd's assets below their book value (0.23x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Top Glove Corporation Bhd's assets decreased by 9.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Top Glove Corporation Bhd (2005–2025)
The table below shows the annual total assets of Top Glove Corporation Bhd from 2005 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | RM6.27 Billion ≈ $1.58 Billion |
-9.84% |
| 2024-08-31 | RM6.96 Billion ≈ $1.75 Billion |
-1.47% |
| 2023-08-31 | RM7.06 Billion ≈ $1.77 Billion |
-13.00% |
| 2022-08-31 | RM8.12 Billion ≈ $2.04 Billion |
-17.03% |
| 2021-08-31 | RM9.78 Billion ≈ $2.46 Billion |
+12.36% |
| 2020-08-31 | RM8.71 Billion ≈ $2.19 Billion |
+53.05% |
| 2019-08-31 | RM5.69 Billion ≈ $1.43 Billion |
+7.92% |
| 2018-08-31 | RM5.27 Billion ≈ $1.32 Billion |
+79.50% |
| 2017-08-31 | RM2.94 Billion ≈ $737.20 Million |
+10.84% |
| 2016-08-31 | RM2.65 Billion ≈ $665.11 Million |
-1.44% |
| 2015-08-31 | RM2.69 Billion ≈ $674.85 Million |
+39.04% |
| 2014-08-31 | RM1.93 Billion ≈ $485.35 Million |
+9.13% |
| 2013-08-31 | RM1.77 Billion ≈ $444.75 Million |
+10.85% |
| 2012-08-31 | RM1.60 Billion ≈ $401.22 Million |
+12.30% |
| 2011-08-31 | RM1.42 Billion ≈ $357.28 Million |
+3.72% |
| 2010-08-31 | RM1.37 Billion ≈ $344.47 Million |
+21.16% |
| 2009-08-31 | RM1.13 Billion ≈ $284.31 Million |
+2.06% |
| 2008-08-31 | RM1.11 Billion ≈ $278.57 Million |
+5.31% |
| 2007-08-31 | RM1.05 Billion ≈ $264.53 Million |
+38.25% |
| 2006-08-31 | RM762.12 Million ≈ $191.34 Million |
+50.47% |
| 2005-08-31 | RM506.50 Million ≈ $127.17 Million |
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About Top Glove Corporation Bhd
Top Glove Corporation Bhd., an investment holding company, engages in the manufacture, trade, and sale of gloves in Malaysia, Thailand, the People's Republic of China, and internationally. It offers nitrile, latex, surgical, rubber, examination, medical, and vinyl gloves; concentrate and synthetic latex, formers, chemicals and chemical compounds, rubber dental dams, exercise bands, condoms, and r… Read more