Hap Seng Plantations Holdings Bhd (5138) — Working Capital to Net Assets Ratio
Hap Seng Plantations Holdings Bhd (5138) has a Working Capital to Net Assets ratio of 36.8% as of March 2026. Working capital of RM769.12 Million (current assets of RM834.69 Million minus current liabilities of RM65.57 Million) is measured against net assets of RM2.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Hap Seng Plantations Holdings Bhd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hap Seng Plantations Holdings Bhd Working Capital to Net Assets (2008–2025)
This chart shows how Hap Seng Plantations Holdings Bhd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 36.8%, reflecting working capital of RM769.12 Million against net assets of RM2.09 Billion MYR. See 5138 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hap Seng Plantations Holdings Bhd (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hap Seng Plantations Holdings Bhd from 2008 to 2025, covering 18 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 5138 market cap overview.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.0% | RM808.63 Million | RM2.13 Billion | RM889.80 Million | RM81.17 Million | ▼ -0.3 pp |
| 2024 | 38.3% | RM805.87 Million | RM2.10 Billion | RM873.63 Million | RM67.76 Million | ▲ +5.6 pp |
| 2023 | 32.7% | RM638.51 Million | RM1.95 Billion | RM693.04 Million | RM54.53 Million | ▲ +0.7 pp |
| 2022 | 32.0% | RM616.92 Million | RM1.93 Billion | RM688.30 Million | RM71.37 Million | ▲ +0.4 pp |
| 2021 | 31.6% | RM594.38 Million | RM1.88 Billion | RM658.73 Million | RM64.36 Million | ▲ +12.2 pp |
| 2020 | 19.4% | RM332.11 Million | RM1.71 Billion | RM380.38 Million | RM48.27 Million | ▲ +7.7 pp |
| 2019 | 11.6% | RM192.47 Million | RM1.65 Billion | RM242.83 Million | RM50.36 Million | ▲ +0.1 pp |
| 2018 | 11.6% | RM189.92 Million | RM1.64 Billion | RM232.29 Million | RM42.37 Million | ▲ +1.9 pp |
| 2017 | 9.7% | RM200.75 Million | RM2.07 Billion | RM254.53 Million | RM53.79 Million | ▲ +0.8 pp |
| 2016 | 8.9% | RM180.70 Million | RM2.04 Billion | RM240.65 Million | RM59.95 Million | ▼ -0.9 pp |
| 2015 | 9.7% | RM192.41 Million | RM1.98 Billion | RM256.23 Million | RM63.82 Million | ▼ -0.3 pp |
| 2014 | 10.0% | RM194.68 Million | RM1.95 Billion | RM255.91 Million | RM61.23 Million | ▲ +0.2 pp |
| 2013 | 9.8% | RM187.95 Million | RM1.92 Billion | RM235.59 Million | RM47.64 Million | ▲ +1.3 pp |
| 2012 | 8.4% | RM159.66 Million | RM1.89 Billion | RM195.58 Million | RM35.92 Million | ▲ +0.0 pp |
| 2011 | 8.4% | RM158.31 Million | RM1.88 Billion | RM204.84 Million | RM46.53 Million | ▲ +5.0 pp |
| 2010 | 3.4% | RM59.72 Million | RM1.76 Billion | RM110.86 Million | RM51.15 Million | ▲ +2.2 pp |
| 2009 | 1.2% | RM20.50 Million | RM1.68 Billion | RM87.29 Million | RM66.78 Million | ▼ -0.9 pp |
| 2008 | 2.1% | RM35.17 Million | RM1.65 Billion | RM108.36 Million | RM73.19 Million | — |