Shin Yang Shipping Corporation Bhd (5173) — Working Capital to Net Assets Ratio
Shin Yang Shipping Corporation Bhd (5173) has a Working Capital to Net Assets ratio of 39.6% as of December 2025. Working capital of RM628.25 Million (current assets of RM994.08 Million minus current liabilities of RM365.83 Million) is measured against net assets of RM1.59 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 5173 equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shin Yang Shipping Corporation Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Shin Yang Shipping Corporation Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 39.6%, reflecting working capital of RM628.25 Million against net assets of RM1.59 Billion MYR. Check Shin Yang Shipping Corporation Bhd (5173) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shin Yang Shipping Corporation Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shin Yang Shipping Corporation 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 5173 market cap overview.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 37.4% | RM565.13 Million | RM1.51 Billion | RM950.68 Million | RM385.55 Million | ▼ -0.2 pp |
| 2024 | 37.6% | RM489.83 Million | RM1.30 Billion | RM723.25 Million | RM233.42 Million | ▲ +8.2 pp |
| 2023 | 29.4% | RM360.79 Million | RM1.23 Billion | RM624.92 Million | RM264.13 Million | ▲ +11.0 pp |
| 2022 | 18.5% | RM196.25 Million | RM1.06 Billion | RM524.10 Million | RM327.85 Million | ▲ +15.7 pp |
| 2021 | 2.8% | RM25.84 Million | RM928.19 Million | RM377.69 Million | RM351.84 Million | ▲ +3.8 pp |
| 2020 | -1.0% | RM-9.18 Million | RM911.27 Million | RM369.27 Million | RM378.45 Million | ▼ -1.9 pp |
| 2019 | 0.9% | RM9.61 Million | RM1.07 Billion | RM443.72 Million | RM434.12 Million | ▼ -7.0 pp |
| 2018 | 7.9% | RM93.24 Million | RM1.17 Billion | RM504.95 Million | RM411.70 Million | ▲ +10.6 pp |
| 2017 | -2.6% | RM-30.40 Million | RM1.16 Billion | RM423.39 Million | RM453.79 Million | ▼ -1.2 pp |
| 2016 | -1.5% | RM-16.93 Million | RM1.15 Billion | RM565.52 Million | RM582.45 Million | ▲ +2.7 pp |
| 2015 | -4.1% | RM-48.00 Million | RM1.16 Billion | RM638.00 Million | RM686.00 Million | ▲ +3.2 pp |
| 2014 | -7.3% | RM-83.00 Million | RM1.13 Billion | RM734.00 Million | RM817.00 Million | ▼ -2.0 pp |
| 2013 | -5.3% | RM-60.00 Million | RM1.12 Billion | RM848.00 Million | RM908.00 Million | ▼ -6.4 pp |
| 2012 | 1.1% | RM12.00 Million | RM1.13 Billion | RM630.00 Million | RM618.00 Million | — |