Asian Pac Holdings Bhd (4057) — Working Capital to Net Assets Ratio
Asian Pac Holdings Bhd (4057) has a Working Capital to Net Assets ratio of -3.5% as of December 2025. Working capital of RM-42.44 Million (current assets of RM418.06 Million minus current liabilities of RM460.50 Million) is measured against net assets of RM1.22 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Asian Pac Holdings Bhd (4057) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Asian Pac Holdings Bhd Working Capital to Net Assets (2013–2025)
This chart shows how Asian Pac Holdings Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at -3.5%, reflecting working capital of RM-42.44 Million against net assets of RM1.22 Billion MYR. See 4057 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Asian Pac Holdings Bhd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Asian Pac Holdings Bhd from 2013 to 2025, covering 13 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 value of Asian Pac Holdings Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 2.6% | RM31.70 Million | RM1.22 Billion | RM479.94 Million | RM448.24 Million | ▼ 0.0 pp |
| 2024 | 2.6% | RM29.00 Million | RM1.10 Billion | RM455.25 Million | RM426.25 Million | ▲ +0.2 pp |
| 2023 | 2.5% | RM26.30 Million | RM1.07 Billion | RM369.32 Million | RM343.02 Million | ▼ -3.5 pp |
| 2022 | 6.0% | RM63.52 Million | RM1.06 Billion | RM324.11 Million | RM260.58 Million | ▼ -4.6 pp |
| 2021 | 10.6% | RM113.02 Million | RM1.07 Billion | RM350.98 Million | RM237.97 Million | ▼ -3.2 pp |
| 2020 | 13.8% | RM150.42 Million | RM1.09 Billion | RM299.05 Million | RM148.62 Million | ▼ -1.9 pp |
| 2019 | 15.6% | RM163.51 Million | RM1.05 Billion | RM357.89 Million | RM194.38 Million | ▲ +2.3 pp |
| 2018 | 13.3% | RM132.39 Million | RM993.84 Million | RM300.15 Million | RM167.76 Million | ▲ +12.1 pp |
| 2017 | 1.2% | RM10.43 Million | RM860.64 Million | RM249.62 Million | RM239.19 Million | ▼ -0.7 pp |
| 2016 | 2.0% | RM16.91 Million | RM862.32 Million | RM300.61 Million | RM283.70 Million | ▲ +1.8 pp |
| 2015 | 0.1% | RM1.00 Million | RM792.00 Million | RM305.00 Million | RM304.00 Million | ▼ -31.7 pp |
| 2014 | 31.8% | RM130.00 Million | RM409.00 Million | RM417.00 Million | RM287.00 Million | ▼ -17.6 pp |
| 2013 | 49.4% | RM169.00 Million | RM342.00 Million | RM342.00 Million | RM173.00 Million | — |