K.B. Recycling Industries Ltd
Oceansix Future Paths Ltd. provides solutions based on recycled plastic products in Europe. The company manufactures and sells trays and packaging products from plastic sheets and boards for automotive, agriculture, and beverage industries. It also develops solutions and added-value products from post-consumer recycled plastics. The company was formerly known as K.B. Recycling Industries Ltd. and… Read more
K.B. Recycling Industries Ltd (AKMYF) - Total Assets
Latest total assets as of June 2024: $6.49 Million USD
Based on the latest financial reports, K.B. Recycling Industries Ltd (AKMYF) holds total assets worth $6.49 Million USD as of June 2024.
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.
K.B. Recycling Industries Ltd - Total Assets Trend (2019–2023)
This chart illustrates how K.B. Recycling Industries Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
K.B. Recycling Industries Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
K.B. Recycling Industries Ltd's total assets of $6.49 Million consist of 32.5% current assets and 67.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.8% |
| Accounts Receivable | $454.00K | 8.1% |
| Inventory | $283.00K | 5.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $444.00K | 8.0% |
| Goodwill | $1.63 Million | 29.2% |
Asset Composition Trend (2019–2023)
This chart illustrates how K.B. Recycling Industries Ltd'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: K.B. Recycling Industries Ltd's current assets represent 32.5% of total assets in 2023, an increase from 21.1% in 2019.
- Cash Position: Cash and equivalents constituted 6.8% of total assets in 2023, up from 1.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 36.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 29.2% of total assets.
K.B. Recycling Industries Ltd Competitors by Total Assets
Key competitors of K.B. Recycling Industries Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Central Plains Environment Protection Co Ltd
SHE:000544
|
China | CN¥42.97 Billion |
|
Shenwu Energy Saving Co Ltd
SHE:000820
|
China | CN¥582.54 Million |
|
Brite Tech Bhd
KLSE:0011
|
Malaysia | RM168.57 Million |
|
Jinglv Envi Science & Tech Co
SHE:001230
|
China | CN¥3.29 Billion |
|
Kc Green Holdi
KO:009440
|
Korea | ₩252.26 Billion |
|
Cosmos Technology International Berhad
KLSE:0261
|
Malaysia | RM64.35 Million |
|
Kc Cottrell
KO:119650
|
Korea | ₩265.66 Billion |
|
China Ecotek Corp
TW:1535
|
Taiwan | NT$6.96 Billion |
K.B. Recycling Industries Ltd - 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
Moderate asset utilization - K.B. Recycling Industries Ltd generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - K.B. Recycling Industries Ltd is currently not profitable relative to its asset base.
K.B. Recycling Industries Ltd - 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 | 0.59 | 0.81 | 0.77 |
| Quick Ratio | 0.49 | 0.76 | 0.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.21 Million | $ -416.00K | $ -968.00K |
K.B. Recycling Industries Ltd - Advanced Valuation Insights
This section examines the relationship between K.B. Recycling Industries Ltd'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 | 1.49 |
| Latest Market Cap to Assets Ratio | 0.33 |
| Asset Growth Rate (YoY) | -32.3% |
| Total Assets | $5.58 Million |
| Market Capitalization | $1.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values K.B. Recycling Industries Ltd's assets below their book value (0.33 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: K.B. Recycling Industries Ltd's assets decreased by 32.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for K.B. Recycling Industries Ltd (2019–2023)
The table below shows the annual total assets of K.B. Recycling Industries Ltd from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $5.58 Million | -32.27% |
| 2022-12-31 | $8.24 Million | -14.15% |
| 2021-12-31 | $9.60 Million | +72.67% |
| 2020-12-31 | $5.56 Million | +47.18% |
| 2019-12-31 | $3.78 Million | -- |