Hup Seng Industries Bhd (5024) — Working Capital to Net Assets Ratio
Hup Seng Industries Bhd (5024) has a Working Capital to Net Assets ratio of 50.0% as of September 2025. Working capital of RM83.25 Million (current assets of RM162.51 Million minus current liabilities of RM79.26 Million) is measured against net assets of RM166.37 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hup Seng Industries Bhd (5024) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hup Seng Industries Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Hup Seng Industries Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 50.0%, reflecting working capital of RM83.25 Million against net assets of RM166.37 Million MYR. Check 5024 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hup Seng Industries Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hup Seng Industries Bhd from 2012 to 2024, 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 Hup Seng Industries Bhd market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 49.0% | RM80.28 Million | RM163.80 Million | RM159.69 Million | RM79.40 Million | ▼ -5.6 pp |
| 2023 | 54.6% | RM88.50 Million | RM162.19 Million | RM158.44 Million | RM69.94 Million | ▲ +6.1 pp |
| 2022 | 48.5% | RM68.43 Million | RM141.10 Million | RM133.32 Million | RM64.88 Million | ▲ +0.9 pp |
| 2021 | 47.6% | RM66.11 Million | RM139.02 Million | RM127.00 Million | RM60.89 Million | ▲ +1.6 pp |
| 2020 | 45.9% | RM64.22 Million | RM139.78 Million | RM144.88 Million | RM80.67 Million | ▼ -1.9 pp |
| 2019 | 47.8% | RM70.46 Million | RM147.40 Million | RM147.36 Million | RM76.91 Million | ▼ -6.7 pp |
| 2018 | 54.5% | RM85.20 Million | RM156.47 Million | RM157.48 Million | RM72.28 Million | ▼ -1.8 pp |
| 2017 | 56.2% | RM91.92 Million | RM163.52 Million | RM165.14 Million | RM73.22 Million | ▼ -5.3 pp |
| 2016 | 61.5% | RM112.68 Million | RM183.07 Million | RM167.99 Million | RM55.32 Million | ▼ -3.5 pp |
| 2015 | 65.1% | RM108.00 Million | RM166.00 Million | RM180.00 Million | RM72.00 Million | ▲ +3.8 pp |
| 2014 | 61.3% | RM95.00 Million | RM155.00 Million | RM158.00 Million | RM63.00 Million | ▼ -0.7 pp |
| 2013 | 62.0% | RM93.00 Million | RM150.00 Million | RM140.00 Million | RM47.00 Million | ▲ +0.6 pp |
| 2012 | 61.4% | RM94.00 Million | RM153.00 Million | RM138.00 Million | RM44.00 Million | — |