Zhulian Corporation Bhd (5131) — Working Capital to Net Assets Ratio
Zhulian Corporation Bhd (5131) has a Working Capital to Net Assets ratio of 41.7% as of May 2025. Working capital of RM177.33 Million (current assets of RM205.13 Million minus current liabilities of RM27.80 Million) is measured against net assets of RM424.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zhulian Corporation Bhd (5131) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhulian Corporation Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Zhulian Corporation Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of May 2025, the ratio stands at 41.7%, reflecting working capital of RM177.33 Million against net assets of RM424.90 Million MYR. Check Zhulian Corporation Bhd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zhulian Corporation Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhulian Corporation 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 market value of Zhulian Corporation Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 42.9% | RM182.73 Million | RM425.58 Million | RM215.37 Million | RM32.63 Million | ▲ +4.6 pp |
| 2023 | 38.3% | RM177.02 Million | RM461.99 Million | RM214.45 Million | RM37.43 Million | ▼ -5.8 pp |
| 2022 | 44.1% | RM222.35 Million | RM504.55 Million | RM262.51 Million | RM40.16 Million | ▼ -3.9 pp |
| 2021 | 48.0% | RM259.80 Million | RM541.76 Million | RM297.96 Million | RM38.16 Million | ▲ +9.8 pp |
| 2020 | 38.1% | RM223.51 Million | RM585.97 Million | RM268.01 Million | RM44.50 Million | ▲ +0.7 pp |
| 2019 | 37.4% | RM230.15 Million | RM614.59 Million | RM270.69 Million | RM40.54 Million | ▲ +1.3 pp |
| 2018 | 36.2% | RM215.29 Million | RM594.97 Million | RM244.18 Million | RM28.89 Million | ▲ +2.7 pp |
| 2017 | 33.5% | RM194.54 Million | RM580.55 Million | RM234.39 Million | RM39.86 Million | ▲ +1.7 pp |
| 2016 | 31.8% | RM175.95 Million | RM553.92 Million | RM208.17 Million | RM32.22 Million | ▼ -2.5 pp |
| 2015 | 34.2% | RM181.00 Million | RM529.00 Million | RM219.00 Million | RM38.00 Million | ▼ -1.0 pp |
| 2014 | 35.2% | RM170.00 Million | RM483.00 Million | RM205.00 Million | RM35.00 Million | ▼ -8.4 pp |
| 2013 | 43.6% | RM220.00 Million | RM505.00 Million | RM268.00 Million | RM48.00 Million | ▼ -1.8 pp |
| 2012 | 45.4% | RM205.00 Million | RM452.00 Million | RM278.00 Million | RM73.00 Million | — |