Fraser Neave Holdings Bhd (3689) — Working Capital to Net Assets Ratio
Fraser Neave Holdings Bhd (3689) has a Working Capital to Net Assets ratio of 28.5% as of December 2025. Working capital of RM1.14 Billion (current assets of RM2.43 Billion minus current liabilities of RM1.29 Billion) is measured against net assets of RM4.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Fraser Neave Holdings Bhd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fraser Neave Holdings Bhd Working Capital to Net Assets (2005–2025)
This chart shows how Fraser Neave Holdings Bhd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 28.5%, reflecting working capital of RM1.14 Billion against net assets of RM4.00 Billion MYR. Check 3689 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Fraser Neave Holdings Bhd (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fraser Neave Holdings Bhd from 2005 to 2025, covering 21 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 market cap of Fraser Neave Holdings Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 30.6% | RM1.19 Billion | RM3.88 Billion | RM2.36 Billion | RM1.17 Billion | ▼ -14.7 pp |
| 2024 | 45.3% | RM1.62 Billion | RM3.59 Billion | RM2.73 Billion | RM1.11 Billion | ▼ -4.2 pp |
| 2023 | 49.5% | RM1.66 Billion | RM3.35 Billion | RM2.51 Billion | RM850.57 Million | ▲ +2.7 pp |
| 2022 | 46.8% | RM1.40 Billion | RM2.98 Billion | RM2.23 Billion | RM833.34 Million | ▲ +7.4 pp |
| 2021 | 39.3% | RM1.11 Billion | RM2.82 Billion | RM1.76 Billion | RM655.88 Million | ▲ +1.4 pp |
| 2020 | 37.9% | RM1.02 Billion | RM2.69 Billion | RM1.74 Billion | RM719.46 Million | ▼ -0.1 pp |
| 2019 | 38.0% | RM960.68 Million | RM2.53 Billion | RM1.76 Billion | RM795.01 Million | ▲ +3.4 pp |
| 2018 | 34.6% | RM800.77 Million | RM2.31 Billion | RM1.65 Billion | RM848.74 Million | ▼ -1.1 pp |
| 2017 | 35.7% | RM761.64 Million | RM2.13 Billion | RM1.61 Billion | RM849.12 Million | ▼ -9.6 pp |
| 2016 | 45.3% | RM900.92 Million | RM1.99 Billion | RM1.67 Billion | RM767.42 Million | ▲ +5.7 pp |
| 2015 | 39.6% | RM743.66 Million | RM1.88 Billion | RM1.52 Billion | RM773.38 Million | ▲ +5.8 pp |
| 2014 | 33.8% | RM571.51 Million | RM1.69 Billion | RM1.25 Billion | RM677.86 Million | ▲ +9.5 pp |
| 2013 | 24.3% | RM401.51 Million | RM1.65 Billion | RM1.30 Billion | RM901.30 Million | ▲ +16.3 pp |
| 2012 | 8.0% | RM124.50 Million | RM1.55 Billion | RM1.13 Billion | RM1.00 Billion | ▼ -27.7 pp |
| 2011 | 35.7% | RM556.30 Million | RM1.56 Billion | RM1.27 Billion | RM717.30 Million | ▼ -22.9 pp |
| 2010 | 58.6% | RM1.05 Billion | RM1.80 Billion | RM2.02 Billion | RM965.01 Million | ▲ +25.5 pp |
| 2009 | 33.1% | RM465.96 Million | RM1.41 Billion | RM1.40 Billion | RM931.30 Million | ▼ -14.1 pp |
| 2008 | 47.2% | RM621.17 Million | RM1.32 Billion | RM1.39 Billion | RM770.20 Million | ▲ +12.5 pp |
| 2007 | 34.7% | RM443.09 Million | RM1.28 Billion | RM1.46 Billion | RM1.02 Billion | ▼ -14.1 pp |
| 2006 | 48.9% | RM604.89 Million | RM1.24 Billion | RM1.01 Billion | RM406.79 Million | ▲ +1.7 pp |
| 2005 | 47.2% | RM562.42 Million | RM1.19 Billion | RM966.66 Million | RM404.24 Million | — |