Barakah Offshore Petroleum Bhd
Barakah Offshore Petroleum Berhad, an investment holding company, engages in the provision of offshore and onshore services for oil and gas industry in Malaysia and Brunei Darussalam. The company involved in providing and carrying out onshore and offshore contracting works, such as pipeline pre-commissioning, commissioning, and de-commissioning; pipeline installation, fabrication, hook-up, topsid… Read more
Barakah Offshore Petroleum Bhd (7251) - Total Assets
Latest total assets as of March 2025: RM143.14 Million MYR
Based on the latest financial reports, Barakah Offshore Petroleum Bhd (7251) holds total assets worth RM143.14 Million MYR as of March 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.
Barakah Offshore Petroleum Bhd - Total Assets Trend (2013–2023)
This chart illustrates how Barakah Offshore Petroleum Bhd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Barakah Offshore Petroleum Bhd - Asset Composition Analysis
Current Asset Composition (December 2023)
Barakah Offshore Petroleum Bhd's total assets of RM143.14 Million consist of 97.3% current assets and 2.8% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 32.8% |
| Accounts Receivable | RM16.33 Million | 11.6% |
| Inventory | RM0.00 | 0.0% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2013–2023)
This chart illustrates how Barakah Offshore Petroleum 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: Barakah Offshore Petroleum Bhd's current assets represent 97.3% of total assets in 2023, an increase from 35.0% in 2013.
- Cash Position: Cash and equivalents constituted 32.8% of total assets in 2023, up from 3.6% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 11.6% of total assets.
Barakah Offshore Petroleum Bhd Competitors by Total Assets
Key competitors of Barakah Offshore Petroleum Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Barakah Offshore Petroleum 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 - Barakah Offshore Petroleum Bhd generates 0.95x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Barakah Offshore Petroleum Bhd generates $ 30.32 in net profit.
Barakah Offshore Petroleum 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 | 1.69 | 0.86 | 0.47 |
| Quick Ratio | 1.69 | 0.86 | 0.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM57.16 Million | RM -24.53 Million | RM -242.65 Million |
Barakah Offshore Petroleum Bhd - Advanced Valuation Insights
This section examines the relationship between Barakah Offshore Petroleum 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 | 0.08 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -24.6% |
| Total Assets | RM141.16 Million |
| Market Capitalization | $548.68K USD |
Valuation Analysis
Below Book Valuation: The market values Barakah Offshore Petroleum Bhd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Barakah Offshore Petroleum Bhd's assets decreased by 24.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Barakah Offshore Petroleum Bhd (2013–2023)
The table below shows the annual total assets of Barakah Offshore Petroleum Bhd from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | RM141.16 Million | -24.61% |
| 2022-12-31 | RM187.24 Million | +2.61% |
| 2021-12-31 | RM182.47 Million | -20.43% |
| 2020-12-31 | RM229.30 Million | -24.04% |
| 2019-12-31 | RM301.87 Million | +15.53% |
| 2018-12-31 | RM261.28 Million | -52.62% |
| 2017-12-31 | RM551.45 Million | -32.68% |
| 2016-12-31 | RM819.19 Million | +8.68% |
| 2015-12-31 | RM753.80 Million | -0.82% |
| 2014-12-31 | RM760.00 Million | +27.73% |
| 2014-09-30 | RM595.00 Million | +26.33% |
| 2013-12-31 | RM471.00 Million | -- |