Zelan Bhd (2283) — Working Capital to Net Assets Ratio
Zelan Bhd (2283) has a Working Capital to Net Assets ratio of 133.8% as of December 2025. Working capital of RM-200.16 Million (current assets of RM64.40 Million minus current liabilities of RM264.56 Million) is measured against net assets of RM-149.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Zelan Bhd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zelan Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Zelan Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 133.8%, reflecting working capital of RM-200.16 Million against net assets of RM-149.60 Million MYR. Check Zelan Bhd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zelan Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zelan Bhd from 2012 to 2025, covering 14 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see 2283 market cap.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 133.8% | RM-200.16 Million | RM-149.60 Million | RM64.40 Million | RM264.56 Million | ▼ -9.0 pp |
| 2024 | 142.8% | RM-132.45 Million | RM-92.77 Million | RM64.08 Million | RM196.52 Million | ▲ +62.4 pp |
| 2023 | 80.4% | RM125.36 Million | RM155.92 Million | RM322.47 Million | RM197.12 Million | ▲ +286.2 pp |
| 2022 | -205.8% | RM-176.80 Million | RM85.92 Million | RM73.25 Million | RM250.05 Million | ▲ +37.5 pp |
| 2021 | -243.3% | RM-205.02 Million | RM84.27 Million | RM96.13 Million | RM301.15 Million | ▼ -43.9 pp |
| 2020 | -199.4% | RM-175.44 Million | RM88.00 Million | RM88.60 Million | RM264.04 Million | ▲ +66.7 pp |
| 2019 | -266.1% | RM-145.59 Million | RM54.71 Million | RM96.69 Million | RM242.28 Million | ▲ +447.3 pp |
| 2018 | -713.4% | RM-315.68 Million | RM44.25 Million | RM100.29 Million | RM415.97 Million | ▼ -324.4 pp |
| 2017 | -388.9% | RM-269.48 Million | RM69.28 Million | RM98.31 Million | RM367.79 Million | ▼ -283.7 pp |
| 2016 | -105.2% | RM-138.86 Million | RM131.99 Million | RM167.11 Million | RM305.98 Million | ▼ -79.4 pp |
| 2015 | -25.9% | RM-53.00 Million | RM205.00 Million | RM240.00 Million | RM293.00 Million | ▼ -31.5 pp |
| 2014 | 5.6% | RM10.00 Million | RM177.00 Million | RM199.00 Million | RM189.00 Million | ▲ +11.5 pp |
| 2013 | -5.8% | RM-8.00 Million | RM137.00 Million | RM292.00 Million | RM300.00 Million | ▲ +171.6 pp |
| 2012 | -177.5% | RM-252.00 Million | RM142.00 Million | RM275.00 Million | RM527.00 Million | — |