SMIS Corporation Bhd
SMIS Corporation Berhad, an investment holding company, manufactures and sells automotive braking and motorcycle components in Malaysia, Indonesia, and Thailand. The company operates through three segments Automotive Parts; Machinery Parts; and Others segments. It is involved in the manufacturing and trading of carpet of all descriptions and manufacturing of automotive braking components and moto… Read more
SMIS Corporation Bhd (7132) - Total Assets
Latest total assets as of September 2025: RM138.76 Million MYR
Based on the latest financial reports, SMIS Corporation Bhd (7132) holds total assets worth RM138.76 Million 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.
SMIS Corporation Bhd - Total Assets Trend (2012–2024)
This chart illustrates how SMIS Corporation Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SMIS Corporation Bhd - Asset Composition Analysis
Current Asset Composition (December 2024)
SMIS Corporation Bhd's total assets of RM138.76 Million consist of 66.4% current assets and 33.6% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM45.05 Million | 32.6% |
| Accounts Receivable | RM24.36 Million | 17.6% |
| Inventory | RM20.11 Million | 14.6% |
| Property, Plant & Equipment | RM44.96 Million | 32.5% |
| Intangible Assets | RM1.45 Million | 1.1% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how SMIS 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: SMIS Corporation Bhd's current assets represent 66.4% of total assets in 2024, a decrease from 70.0% in 2012.
- Cash Position: Cash and equivalents constituted 32.6% of total assets in 2024, up from 23.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is cash and equivalents at 32.6% of total assets.
SMIS Corporation Bhd Competitors by Total Assets
Key competitors of SMIS Corporation Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
SMIS 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
Strong asset utilization - SMIS Corporation Bhd generates 1.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, SMIS Corporation Bhd generates $ 2.04 in net profit.
SMIS 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 | 3.83 | 3.66 | 1.66 |
| Quick Ratio | 3.16 | 2.84 | 1.19 |
| Cash Ratio | 2.12 | 1.87 | 0.00 |
| Working Capital | RM70.50 Million | RM 66.53 Million | RM 25.58 Million |
SMIS Corporation Bhd - Advanced Valuation Insights
This section examines the relationship between SMIS 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 | 0.29 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 4.6% |
| Total Assets | RM138.14 Million |
| Market Capitalization | $1.35 Million USD |
Valuation Analysis
Below Book Valuation: The market values SMIS Corporation Bhd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: SMIS Corporation Bhd's assets grew by 4.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SMIS Corporation Bhd (2012–2024)
The table below shows the annual total assets of SMIS Corporation Bhd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM138.14 Million | +4.58% |
| 2023-12-31 | RM132.09 Million | +10.10% |
| 2022-12-31 | RM119.97 Million | +7.01% |
| 2021-12-31 | RM112.11 Million | -2.04% |
| 2020-12-31 | RM114.44 Million | +1.62% |
| 2019-12-31 | RM112.62 Million | -6.02% |
| 2018-12-31 | RM119.83 Million | -5.43% |
| 2017-12-31 | RM126.72 Million | -1.60% |
| 2016-12-31 | RM128.78 Million | +10.07% |
| 2015-12-31 | RM117.00 Million | -0.85% |
| 2014-12-31 | RM118.00 Million | +2.61% |
| 2013-12-31 | RM115.00 Million | +4.55% |
| 2012-12-31 | RM110.00 Million | -- |