South Malaysia Industries Bhd (4375) — Working Capital to Net Assets Ratio
South Malaysia Industries Bhd (4375) has a Working Capital to Net Assets ratio of 5.6% as of March 2026. Working capital of RM7.23 Million (current assets of RM22.66 Million minus current liabilities of RM15.43 Million) is measured against net assets of RM130.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 4375 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
South Malaysia Industries Bhd Working Capital to Net Assets (2012–2025)
This chart shows how South Malaysia Industries Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 5.6%, reflecting working capital of RM7.23 Million against net assets of RM130.03 Million MYR. See defensive interval ratio of South Malaysia Industries Bhd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for South Malaysia Industries Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for South Malaysia Industries 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 4375 market cap overview.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 5.3% | RM6.85 Million | RM129.21 Million | RM24.00 Million | RM17.15 Million | ▼ -0.8 pp |
| 2024 | 6.1% | RM8.27 Million | RM134.99 Million | RM22.60 Million | RM14.33 Million | ▼ -3.7 pp |
| 2023 | 9.8% | RM12.82 Million | RM130.38 Million | RM28.48 Million | RM15.65 Million | ▼ -4.2 pp |
| 2022 | 14.1% | RM18.80 Million | RM133.65 Million | RM35.13 Million | RM16.34 Million | ▼ -0.3 pp |
| 2021 | 14.4% | RM20.95 Million | RM145.64 Million | RM44.00 Million | RM23.04 Million | ▲ +1.9 pp |
| 2020 | 12.5% | RM18.90 Million | RM151.31 Million | RM46.38 Million | RM27.49 Million | ▼ -9.3 pp |
| 2019 | 21.8% | RM36.75 Million | RM168.80 Million | RM70.25 Million | RM33.49 Million | ▼ -2.5 pp |
| 2018 | 24.3% | RM42.84 Million | RM176.17 Million | RM79.06 Million | RM36.22 Million | ▲ +4.2 pp |
| 2017 | 20.1% | RM35.51 Million | RM176.34 Million | RM74.11 Million | RM38.59 Million | ▼ -6.4 pp |
| 2016 | 26.6% | RM38.72 Million | RM145.75 Million | RM83.72 Million | RM45.00 Million | ▼ -1.2 pp |
| 2015 | 27.7% | RM38.00 Million | RM137.00 Million | RM89.00 Million | RM51.00 Million | ▼ -0.6 pp |
| 2014 | 28.4% | RM40.00 Million | RM141.00 Million | RM95.00 Million | RM55.00 Million | ▼ -5.9 pp |
| 2013 | 34.2% | RM51.00 Million | RM149.00 Million | RM104.00 Million | RM53.00 Million | ▼ -10.2 pp |
| 2012 | 44.4% | RM72.00 Million | RM162.00 Million | RM127.00 Million | RM55.00 Million | — |